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1. Market Wrap: Bitcoin Drops as Indicators Show Extreme Optimism

Bitcoin’s price slipped to the $62,000 area on Thursday as indicators suggest bullish sentiment is near extreme levels, which typically precedes a price pullback.

The cryptocurrency’s price was…


1. Market Wrap: Analysts Expect Further Upside After Bitcoin Hits All-Time High

Bitcoin rallied to an all-time high of around $66,000 on Wednesday, reversing a nearly 50% correction earlier this year. Traders remain optimistic and expect further upside across cryptocurrencies as the ProShares Bitcoin Strategy ETF (NYSE: BITO), the first U.S. …


1. Market Wrap: ProShares Bitcoin Strategy ETF Rises in Trading Debut, Sending BTC Higher

Bitcoin rose to a six-month high at around $63,000 as the ProShares Bitcoin Strategy ETF (NYSE: BITO), the first bitcoin-related exchange-traded fund to trade in the U.S…


1. Market Wrap: Bitcoin Holds Above $60K as Crypto Market Cap Reaches New High

Bitcoin rose toward $62,000 as the first U.S. futures-based bitcoin exchange-traded product (ETF) was set to go live this week. The world’s largest cryptocurrency by market capitalization was up about 2% over…


1. Market Wrap: Ether Outperforms Bitcoin as Traders Look to Altcoins

Cryptocurrencies were mostly higher on Thursday as some traders appear to be rotating into tokens that have underperformed over the past month. Bitcoin was roughly flat over the past 24 hours, compared with a 7% jump for ether over the same period.

“Direction-wise…


1. Market Wrap: Bitcoin Recovering Faster Than Equities as Buyers Remain Active

Bitcoin returned above $56,000 on Wednesday after trading in a tight range over the past few days. …


1. Market Wrap: Bitcoin Declines as Indicator Shows Rally Could Lose Steam

Bitcoin’s price dipped below $57,000 on Tuesday as analysts said the extreme buying in the market could mean the rally may soon be running out of steam.

They pointed to the bitcoin Fear & Greed…


1. Market Wrap: Bitcoin All-Time High Expected, but Not Before a Pullback

Bullish sentiment continues to grow after bitcoin’s price broke above $57,000 on Monday. BTC is up about 3% over the past 24 hours, extending its outperformance compared to alternative cryptocurrencies.


1. Bitcoin Makes a Push for $57K as Fed Taper Fears Linger, Leveraged Funds Boost Shorts

Bitcoin jumped to a fresh five-month high early Monday, extending the two-week price rally even though Friday’s weak U.S. jobs report failed to dampen expectations for Federal Reserve (Fed) tapering in November. …


1. Market Wrap: Bitcoin Ends Week Notching 14% Gain

Bitcoin ended the week performing strong, gaining nearly 14% as regulatory fears faded and sentiment turned bullish in anticipation of a bitcoin futures-backed exchange-traded fund (ETF) in the U.S. by the end of the year.

Over the…

ZBG

Launched in 2018, ZBG is a Hong Kong-based crypto exchange, a subsidiary of ZB.COM. ZBG is focused on providing a trading platform for new and innovative tokens

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