Crypto Daily News from ZBG Exchange

1. Market Wrap: Bitcoin Sustains ‘Musk Jump’ as Crypto Sentiment Improves

Bitcoin tests $40K following positive comments from Tesla’s CEO Elon Musk and hedge fund manager Paul Tudor Jones.

A string of positive news kept bitcoin buyers active on Monday as analysts searched for signs of a short-term bottom. The world’s largest cryptocurrency by market capitalization is up about 20% over the past e seven days and is testing the $40,000 price level for the first time in two weeks.

2. Bitcoin Fund Outflows Slow but Investors Start Exiting Ether Funds

The amount of money leaving was significantly less than the previous, record week of $141 million.

Money being pulled out of digital-asset investment funds slowed somewhat last week. However, while net redemptions from bitcoin-focused funds shrank, some investors seem to be souring on ether.

3. Bitcoin and Ether Price Indicators Support Near-Term ‘Relief Rally’

Bitcoin’s weekly stochastic oscillator has turned up from oversold or below -20 levels, a positive sign for the cryptocurrency.

Price charts for bitcoin and ether might be turning bullish after a month of market stagnation, potentially offering respite in the coming weeks, a new analysis shows.

4. Coinbase Adds Polkadot Trading to Pro Platform

Trading will begin on or after 9 a.m. PT Wednesday.

Coinbase’s professional trading platform has added DOT, the native currency of the Polkadot blockchain, the exchange said in a blog post Monday.

5. Central American Development Bank Forms Technical Group for El Salvador Bitcoin Bill

The government requested a consultancy from the Central American Bank for Economic Integration (CABEI).

A multinational development bank will form a technical advisory group to help El Salvador as it implements a law recognizing bitcoin as legal tender.

Founded in July 2018, ZBG is a Hong Kong-based cryptocurrency exchange, a global platform of ZB.COM.

ZBG.com has quickly become one of the top 10 exchanges in the world with its innovative, efficient and global operations, and is known as a “New First-Tier” exchange.

Currently, ZBG supports 11 languages, with an average daily activity of more than 160,000, providing over 3 million users around the world with trustworthy cryptocurrency trading, contract trading and other crypto asset investment services.

In the future, ZBG will continue to expand its global market and provide stable, safe and fast blockchain project listing, diversified crypto assets and blockchain derivatives investment services to more blockchain enthusiasts around the world.

ZBG Official English (Telegram): https://t.me/ZBG_Exchange

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ZBG, World’s top 10 crypto currency exchange.

Link to future value!

ZBG Team

June 15, 2021

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