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

Bitcoin (BTC) shifted higher on Aug. 18 as the latest data confirmed the European Union’s highest ever inflation.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewSupport and resistance close in on BTC spot priceData from Cointelegraph Markets Pro and TradingView showed BTC/USD passing $23,500 at the time of writing, having preserved $23,000 as support overnight.Concerns over a…

Users will be able to earn yield paid in BTC on all the rewards they’ve accumulated through the app. 622 Total views 6 Total shares Bitcoin (BTC) rewards company GoSats has launched a new cashback rewards card for customers in India, potentially setting the stage for wider mainstream adoption of digital assets in the world’s…

Bitcoin (BTC) retested $30,000 support on Jan. 27 as a day of losses culminated in violation of the psychologically significant price level.BTC/USD 1-minute candle chart (Bitstamp). Source: TradingviewBTC price spooks amid GameStop rowData from Cointelegraph Markets and Tradingview showed any bullish momentum left in Bitcoin dissipate on Wednesday after rejection at highs near $33,000."Another $30,000 retest…

Over the last two years, nonfungible tokens (NFTs) have emerged as one of the most active and noticeable aspects of Web3.The data stored on blockchains by NFTs may be connected with files that include various forms of media, such as photographs, videos and audio. In certain instances, it can even be related to physical items.…

Wednesday, May 15 — All of the top 20 coins are in the green after seeing some losses over the past day, with some reporting double-digit gains, according to Coin360.Market visualization by Coin360The leading digital currency bitcoin (BTC) is up over 4% on the day, trading at $8,135 at press time after reaching above $8,200.…

United States cryptocurrency exchange Kraken is considering a private offering to high net worth investors, Finance Magnates reported Dec. 12, quoting emails sent by the company.Kraken, which is currently the subject of a lawsuit over its support of the competing forks of altcoin Bitcoin Cash (BCH), has reportedly valued its shares at $4 billion.According to…

Three senators urged the Olympic committee to work with federal agencies "to protect the privacy of American athletes from the Chinese Communist Government." 421 Total views 4 Total shares Three United States senators have signed a letter urging Olympic officials to forbid American athletes from using the digital yuan during the 2022 Beijing Winter Games.In…

CEO Jenny Johnson believes institutions will deploy a second wave into Bitcoin funds and attract the truly big players.

Spencer Bogart, a general partner at venture capital firm Blockchain Capital, thinks that Bitcoin (BTC) will be a safe haven in the long term. However, he has a nuanced view of how BTC price will play out with respect to various economic events.Bogart shared his views during an interview with Bloomberg on Aug. 20. According…