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Anvesh Reddy
Articles by Anvesh Reddy
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Altcoin News
Altcoin News
Huge Cardano Breakout Imminent After This Resistance Level?
After performing among the best in the space earlier this month, Cardano is likely in for another good run in near future. ADA yielded good results in the first week of June over technical upgrades, amid turbulent times in the crypto market. The speculation among traders is on when the next Cardano breakout could be.
After performing among the best in the space earlier this month, Cardano is likely in for another good run in near future. ADA yielded good results in the first week of June over technical upgrades, amid turbulent times in the crypto market. The speculation among traders is on when the next Cardano breakout could be.
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Breaking: Top ETH Token Is Up 30% Thanks To Huge Update
Not too often do announcements on new NFT projects have an immediate impact on cryptocurrencies. In this regard, Storj, an ETH token ranked 88 in trading volume, skyrocketed within no time after such an announcement. Storj Price Shoots Up The token witnessed major boost thanks to the NFT update on Thursday. With a price increase
Not too often do announcements on new NFT projects have an immediate impact on cryptocurrencies. In this regard, Storj, an ETH token ranked 88 in trading volume, skyrocketed within no time after such an announcement. Storj Price Shoots Up The token witnessed major boost thanks to the NFT update on Thursday. With a price increase
Bitcoin News
Bitcoin News
Bitcoin Is Undervalued: Here’s What These Indicators Show
Despite a widespread sentiment that Bitcoin is yet to reach its bottom level, some indicators reveal the low was already realized. Supporting the claim that BTC is yet to bottom out are certain technical indicators. However, other indicators signal that Bitcoin is undervalued. Signals To Look: Bitcoin Is Undervalued Indicators based on unspent transaction output
Despite a widespread sentiment that Bitcoin is yet to reach its bottom level, some indicators reveal the low was already realized. Supporting the claim that BTC is yet to bottom out are certain technical indicators. However, other indicators signal that Bitcoin is undervalued. Signals To Look: Bitcoin Is Undervalued Indicators based on unspent transaction output
Altcoin News
Altcoin News
Data Reveals Shocking Future Of Ethereum Mining, Here’s Why
Ever since the timeline of Ethereum Merge became unpredictable over recent past, miners found it difficult to run their operations. In fact, the all-important ‘difficulty bomb’ in the merge has been postponed multiple times in the past by the developers. This made life difficult for operators in Ethereum mining. The difficulty bomb is a piece
Ever since the timeline of Ethereum Merge became unpredictable over recent past, miners found it difficult to run their operations. In fact, the all-important ‘difficulty bomb’ in the merge has been postponed multiple times in the past by the developers. This made life difficult for operators in Ethereum mining. The difficulty bomb is a piece
Bitcoin News
Bitcoin News
Bitcoin Set For Another Poor Show At Weekly Close?
After having a dismal weekly close the last time around, there seem to be no signs of a recovery for Bitcoin. Analyst predictions suggest there could be yet another dip in Bitcoin price before the close. Historical Trend Broke Last Week At the close of last week, Bitcoin finished below the 200 weekly moving average
After having a dismal weekly close the last time around, there seem to be no signs of a recovery for Bitcoin. Analyst predictions suggest there could be yet another dip in Bitcoin price before the close. Historical Trend Broke Last Week At the close of last week, Bitcoin finished below the 200 weekly moving average
Bitcoin News
Bitcoin News
When Could Bitcoin Price Break All Time High Of $69K?
Binance CEO Changpeng Zhao believes the cryptocurrency industry is still growing despite the volatility shown in recent times. He also said the next Bitcoin all time high could be in after a while. However, he said some companies launched at the peak of the market could have difficult times going forward. Bitcoin All Time High
Binance CEO Changpeng Zhao believes the cryptocurrency industry is still growing despite the volatility shown in recent times. He also said the next Bitcoin all time high could be in after a while. However, he said some companies launched at the peak of the market could have difficult times going forward. Bitcoin All Time High
Bitcoin News
Bitcoin News
Separate Bitcoin Bill: New Demand Rises As Senator Seeks Inputs
The Responsible Financial Innovation Act introduced by Democrat senator Kirsten Gillibrand and Republican senator Cynthia Lummis is up for public opinion. After the crypto bill was introduced earlier this month, there were mixed reactions on whether it would benefit the space in the long run. In a latest, voices are rising in demand for a
The Responsible Financial Innovation Act introduced by Democrat senator Kirsten Gillibrand and Republican senator Cynthia Lummis is up for public opinion. After the crypto bill was introduced earlier this month, there were mixed reactions on whether it would benefit the space in the long run. In a latest, voices are rising in demand for a
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Just In: Latest Move In Twitter Deal Could Decide CEO’s Fate
Following Twitter’s board of directors unanimous recommendation to shareholders for voting in favor of Musk’s takeover deal, there’s a new update. In an SEC filing on Tuesday, the board gave its nod for adoption of the merger agreement. Also, Twitter CEO Parag Agrawal’s future could also be decided soon. ‘In Best Interest Of Twitter’ In
Following Twitter’s board of directors unanimous recommendation to shareholders for voting in favor of Musk’s takeover deal, there’s a new update. In an SEC filing on Tuesday, the board gave its nod for adoption of the merger agreement. Also, Twitter CEO Parag Agrawal’s future could also be decided soon. ‘In Best Interest Of Twitter’ In
Bitcoin News
Stablecoin News
Stablecoin News
As USDD Depeg Deepens, What Is Justin Sun’s Plan?
The Tron ecosystem had a major blow last week when the USDD stablecoin lost its $1 peg. This led to concerns among traders as USDD was launched last month as a rival to Terra’s UST, an algorithmic stablecoin. Another depegging of a similar asset also meant that TRX’s price also dropped for a bit therafter.
The Tron ecosystem had a major blow last week when the USDD stablecoin lost its $1 peg. This led to concerns among traders as USDD was launched last month as a rival to Terra’s UST, an algorithmic stablecoin. Another depegging of a similar asset also meant that TRX’s price also dropped for a bit therafter.
Bitcoin News
Bitcoin News
Mining Data Reveals Signs Of Bitcoin Bounce Soon, Here’s Why
This week is turning out to be a nightmare for Bitcoin enthusiasts who are already stressed with negative price action. On Saturday, Bitcoin looks to have potentially opened doors for a new bottom after dropping to the $19,000 level. The new Bitcoin mining data also supports the same sentiment. Meanwhile, this new price level means
This week is turning out to be a nightmare for Bitcoin enthusiasts who are already stressed with negative price action. On Saturday, Bitcoin looks to have potentially opened doors for a new bottom after dropping to the $19,000 level. The new Bitcoin mining data also supports the same sentiment. Meanwhile, this new price level means
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Odd One Out: Here’s A Big Anomaly Amid Bitcoin Freefall
At a time when Bitcoin and a majority of the tokens are seeing turbulent times, hardly any projects are resisting the market pressure. On Friday, Bitcoin freefall took it for the first time since 2020 fell below the $20,000 level. As of writing, BTC is trading at $19,403, down 7.12% in the last 24 hours,
At a time when Bitcoin and a majority of the tokens are seeing turbulent times, hardly any projects are resisting the market pressure. On Friday, Bitcoin freefall took it for the first time since 2020 fell below the $20,000 level. As of writing, BTC is trading at $19,403, down 7.12% in the last 24 hours,
Bitcoin News
Bitcoin News
Breaking: Bitcoin Breaks $19K Mark, This Is Next Support Price?
After hovering around the $20,000 to $21,000 mark, Bitcoin is finally moving in the anticipated direction. As of writing, Bitcoin price is $18,926, down 10.47% in the last 24 hours, according to CoinMarketCap. This is leading to speculation on when and where the next Bitcoin support price could be. Analysts predict Bitcoin to reach the
After hovering around the $20,000 to $21,000 mark, Bitcoin is finally moving in the anticipated direction. As of writing, Bitcoin price is $18,926, down 10.47% in the last 24 hours, according to CoinMarketCap. This is leading to speculation on when and where the next Bitcoin support price could be. Analysts predict Bitcoin to reach the
Altcoin News
Altcoin News
Breaking: In A Letter, SEC Objects To Seal Document In Ripple Case
The SEC Vs Ripple case is intensifying around Hinman’s speech. Recently, the court ordered SEC to provide additional documents for in camera review to justify their claim. In a separate development in the case, the commission came forward to file its appeal to seal its response to the amici motion related to the Daubert challenge.
The SEC Vs Ripple case is intensifying around Hinman’s speech. Recently, the court ordered SEC to provide additional documents for in camera review to justify their claim. In a separate development in the case, the commission came forward to file its appeal to seal its response to the amici motion related to the Daubert challenge.
Altcoin News
Altcoin News
Just In: Suspicious Tether Wipe Off Activity Raises Eyebrows
After a steady drop in its price over the past few weeks, Tether continues to be at the center of the debate around stablecoins. Earlier this week, Tether market cap shrunk below the $70 billion level. As of writing, USDT’s total market capitalization stands at $69.14 billion, according to CoinMarketCap. Tether’s decline began last month
After a steady drop in its price over the past few weeks, Tether continues to be at the center of the debate around stablecoins. Earlier this week, Tether market cap shrunk below the $70 billion level. As of writing, USDT’s total market capitalization stands at $69.14 billion, according to CoinMarketCap. Tether’s decline began last month
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Breaking: Fed Chair Powell’s Sensational Take On Crypto’s Future
U.S. Federal Reserve Chair Jerome H. Powell made quite a statement on the future of CBDCs in the U.S. financial system. Powell made the comments on Fed crypto stance on Friday at a research conference on the role of U.S. Dollar. Sponsored by the Federal Reserve Board, Washington, DC, the conference discussed the topic “International
U.S. Federal Reserve Chair Jerome H. Powell made quite a statement on the future of CBDCs in the U.S. financial system. Powell made the comments on Fed crypto stance on Friday at a research conference on the role of U.S. Dollar. Sponsored by the Federal Reserve Board, Washington, DC, the conference discussed the topic “International
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Breaking: Multiple Probes Across U.S. On Over Celsius Withdrawal Halt
Following an announcement earlier this week to halt user withdrawals, the lending platform is attracting scrutiny from authorities. On Tuesday, Celsius Networks paused withdrawals on its platform stating the move was in the interest of the users. Celsius Probe In Texas In a latest, a regulatory board in Texas began a probe in this matter.
Following an announcement earlier this week to halt user withdrawals, the lending platform is attracting scrutiny from authorities. On Tuesday, Celsius Networks paused withdrawals on its platform stating the move was in the interest of the users. Celsius Probe In Texas In a latest, a regulatory board in Texas began a probe in this matter.
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Breaking: Musk Faces Lawsuit Over Alleged Dogecoin Fraud
It is already well established that any positive activity around Elon Musk and Tesla often boosts Dogecoin’s price almost instantly. In a latest development, a U.S. citizen is charging Musk with alleged involvement in Dogecoin related fraud in a Musk Dogecoin lawsuit. According to a Bloomberg report, Musk, along with SpaceX and Tesla were sued
It is already well established that any positive activity around Elon Musk and Tesla often boosts Dogecoin’s price almost instantly. In a latest development, a U.S. citizen is charging Musk with alleged involvement in Dogecoin related fraud in a Musk Dogecoin lawsuit. According to a Bloomberg report, Musk, along with SpaceX and Tesla were sued
