Fed’s ‘sugar high’ may propel Bitcoin surge: Arthur Hayes

Short selling pressure returns to the market with a trader eyeing a retest of $31,000 as a result of support weakness. 2668 Total views 5 Total shares Bitcoin (BTC) fell below $33,000 support on July 8 as a trusted trading range risked getting invalidated.BTC/USD 1-minute candle chart (Bitstamp). Source: TradingViewTrader: $31,000 retest next for BTCData…

"Secret Tokens combine the programmability of ERC-20s with the privacy of coins like Zcash or Monero.” 913 Total views 6 Total shares An open-source blockchain protocol called the Secret Network is now offering privacy features for the Ethereum blockchain and 14 ERC-20 tokens.According to a Secret Network blog post, the protocol launched its Secret Ethereum…

Every cryptocurrency bull market has at least one surprise catalyst that comes out of nowhere to excite traders and spark massive trading volumes that lift the total market capitalization to new highs. The 2021 bull market is no exception to this rule, and one of the biggest catalysts for growth this year has been the explosive…

The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph. Every investment and trading move involves risk, you should conduct your own research when making a decision.Market data is provided by the HitBTC exchange.In December of last year, market participants were rejoicing as cryptocurrencies…

Record-breaking heat waves are being documented across the world as extreme weather is worsening due to climate change. States throughout America are continuing to see temperatures rise above 100 degrees Fahrenheit (38 degrees Celsius), while the United Kingdom recently saw temperatures reach 104 degrees Fahrenheit (40 degrees Celsius). While hot climates may be unusual for many…

Despite on-chain metrics indicating Bitcoin investors will soon face losses, Glassnode believes BTC is ready to bounce. On-chain metrics are indicating that continued downward pressure on the price of Bitcoin would result in many investors facing losses.A Jan. 25 report published by crypto data aggregator Glassnode has noted that Bitcoin’s adjusted Spent Output Profit Ratio,…