Bitcoin analyst sees seller ‘exhaustion’ as BTC price rebounds 10%

Ether's rally today is primarily fueled by institutional investors buying during its early-July downtrend and renewed optimism from new Ethereum ETF filings.

The coronavirus pandemic is causing the worst global economic recession among all business sectors since 1929. Advertising and marketing budgets alone could see a $3 billion loss in 2020.Both traditional brands and crypto companies are replacing their high profile ads with low budget posts in an effort to combat the rising pandemic.Crypto industry is taking…

The latest Bitcoin ETF to hit the market comes as the United States is yet to approve any homegrown competitors. 4209 Total views 15 Total shares Bitcoin (BTC) exchange-traded funds (ETFs) continue to multiply as a new entrant hits the Canadian market on March 9.In a press release on Monday, Galaxy Digital Capital Management, a…

PO8, a blockchain company headquartered in the Bahamas, is asking the crypto and blockchain communities to help them bring relief to the victims of Hurricane Dorian. The firm made its appeal in a blog post on Sept. 2.Devastation in the BahamasHurricane Dorian brought devastation to Bahamian islands on Monday and Tuesday. Satellite images show the region…

Unlike its neighbor to the south that continues to procrastinate, Canada seems to be fast-tracking crypto assets — as evident again last week in its regulatory green light for three new Ether (ETH)-based exchange-traded funds, North America’s first.“Having an easily accessed ETF in Canada changes the competitive landscape,” Campbell Harvey, professor of international business at…

The ZK-focused community conference zkDay Paris kicks off on July 19 during EthCC after a successful event in Denver. Zero-knowledge (ZK) projects continue to spread worldwide, and a new go-to ZK event is coming to Paris, hosted by Manta Network, a ZK layer-1 blockchain; investment firm Polychain Capital and Cointelegraph. The ZK community conference — zkDay…

The undisclosed investment will result in ICE becoming a significant minority shareholder in tZero and is another sign of the closing of the divide between equities and crypto assets. 587 Total views 18 Total shares The Intercontinental Exchange (ICE) has announced a strategic investment in private digital securities marketplace and crypto asset liquidity platform tZero.ICE,…

Blockchain firm Aeternity launched its social monetization tool "Superhero" on May 20, describing the platform as “the first decentralized peer-to-peer instant payment tool for digital goods or social content.” The extension is supported by the crypto-friendly internet browsers Brave and Opera, in addition to Firefox and Chrome. The decentralized app — or DApp — is also…

China is promoting its central bank digital currency with a public $1.5 million giveaway. 1202 Total views 24 Total shares The major Chinese city of Shenzhen is launching a pilot program to promote the digital yuan with a public giveaway.In collaboration with the country's central bank, Shenzhen is planning to distribute a total of 10…