Crypto Daily News from ZBG Exchange

1. Market Wrap: Bitcoin Near $53K After Major Drop as Ether Tops $2,800 for First Time

Bitcoin’s dominance is less than half of the crypto market as assets like ether and binance coin captivate traders.

Traders and analysts continue to talk up ether and alternative cryptocurrencies as bitcoin struggles to regain the $64,000 record price level attained weeks ago.

2. As Ether Pushes Ever Higher, Crypto Traders Plot Price in Bitcoin Terms

The implication is the ongoing capital rotation out of bitcoin and into ether is likely to continue over the coming months.

Ether (ETH, +0.77%) (ETH), the native cryptocurrency of the Ethereum blockchain and the second-biggest overall, reached a fresh record high early Wednesday, widening its lead over market leader bitcoin (BTC, -2.18%) (BTC).

3. Fed’s Powell Says Market, as Exemplified by Dogecoin, Is ‘a Bit Frothy’

“You are seeing things in the capital markets that are a bit frothy, that’s a fact,” said Powell. “I won’t say it has nothing to do with monetary policy.”

U.S. Federal Reserve Chairman Jerome Powell said Wednesday he thinks capital markets, as typified by the dogecoin craze, are a “bit frothy” and admitted that the central bank’s easy-money policy may have had something to do with that.

4. Coinbase Debuts ‘Buy With PayPal’ Feature (but Read the Fine Print)

The integration could lead to massive, and avoidable, costs for users who don’t pay attention to Coinbase’s fee schedule.

Coinbase is allowing U.S. users to buy cryptocurrency with their PayPal accounts in a major expansion of the exchange’s funding rails.

5. DeFi Is Now a $100B Sector

…by at least two measures, that is. Decentralized finance users probably top 1 million.

As the Coinbase public listing approached, many analysts were looking for a $100 billion valuation. The cryptocurrency exchange, founded by Brian Armstrong and Fred Ehrsam, hit that mark briefly after listing, but COIN has settled down to a less-rarified valuation.

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

ZBG Official Chinese(Telegram): https://t.me/ZBG_ChineseOfficial

ZBG Official Bangladesh (Telegram): https://t.me/zbgbangladesh

Twitter:https://twitter.com/ZBG_Exchange

ZBG, World’s top 10 crypto currency exchange.

Link to future value!

ZBG Team

April 30, 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