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🇭🇰 Hong Kong Will Approve Bitcoin ETF !!!!!! Hong Kong could approve Bitcoin and Ethereum ETFs next Monday, according to a Bloomberg report. 🖥 A Bloomberg report suggests that Hong Kong could soon approve ETFs that invest directly in Bitcoin and Ethereum. If the forecasts are correct, it is expected that international organizations, Harvest Fund Management Co. and Bosera Asset Management will receive approval to launch spot crypto ETFs. 🔥 Considering what capital goes to BTC from US ETF, new An ETF in Hong Kong could have a positive impact and attract new capital into BTC. $BTC #BTC #ETF

🇭🇰 Hong Kong Will Approve Bitcoin ETF !!!!!!

Hong Kong could approve Bitcoin and Ethereum ETFs next Monday, according to a Bloomberg report.

🖥 A Bloomberg report suggests that Hong Kong could soon approve ETFs that invest directly in Bitcoin and Ethereum. If the forecasts are correct, it is expected that international organizations, Harvest Fund Management Co. and Bosera Asset Management will receive approval to launch spot crypto ETFs.

🔥 Considering what capital goes to BTC from US ETF, new

An ETF in Hong Kong could have a positive impact and attract new capital into BTC.

$BTC #BTC #ETF

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⚠️ Terra Luna Classic (LUNC), USTC Removed From Luna Foundation Guard Terra Luna Classic ecosystem tokens recorded a massive surge in prices on Saturday as 1.85 billion USTC and 222 million LUNC tokens in the Luna Foundation Guard were removed from the circulating supply. LUNC price skyrocketed over 10% and USTC price rose 18% within a few hours, but pared earlier gains soon. 🔸 Luna Foundation Guard’s LUNC and USTC Circulating Supply 1.85 billion USTC and 222 million LUNC tokens were taken out of Luna Foundation Guard’s wallet address ********szx3nw. The move comes as the account has been dormant for almost 2 years. As a result, USTC circulating supply is now down to 7.1 billion. Crypto assets held by team, foundation, treasury, escrow funds are not counted in circulating supply. “Assets that are locked (via smart contracts or legal contracts), allocated to insiders (e.g. teams or private investors), or not sellable on the public market are generally not regarded as circulating, regardless of whether they are unlocked,” as per CoinMarketCap. These numbers reflect adjustments and not actual removals from circulation. Some LFG funds were miscounted as belonging to circulating supply. 🔸 LUNC and USTC Prices Skyrocket LUNC and USTC prices skyrocketed as the news sparked buying in the community due to a decrease in supply. But as the developments became clear to the community the prices started to pullback. The Terra Luna Classic community seeks to burn USTC and LUNC in the LFG wallet to reflect in total supply, but it was just adjustments and not actual removals from circulating supply. LUNC price is currently up 4%% over the last 24 hours, with the price currently trading at $0.0001062. The 24-hour high and low are $0.0001020 and $0.0001129, respectively. Meanwhile, USTC price also jumped 7% in the last 24 hours, with the price currently trading at $0.0235. The 24-hour low and high are $0.0215 and $0.0251, respectively. Moreover, the trading volume has increased by 118% in the past 24 hours. $LUNC #LUNC #TerraLabs
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🔥 Analyst Predicts Rise of Meme Coins Ahead of US Presidential Elections One of the closely followed cryptocurrency analysts has turned his attention to the US presidential elections. The analyst commented that two meme coins could rise ahead of the US presidential elections in November. 🔸 Analyst’s Meme Coin Comments Altcoin Sherpa, a well-known crypto analyst, told thousands of users on the social media platform X that the MAGA (TRUMP) and Jeo Boden (BODEN) meme tokens could show better price performances due to the excitement of the election year. Firstly, it should be noted that the meme coin named TRUMP is inspired by the former president and re-candidate Donald Trump. It can be said that BODEN is inspired by Joe Biden, who is running against Trump again. The misspelling of the name here does not go unnoticed. 💬 "My current meme strategy: focus on one sector, US politics. I own TRUMP and want to buy BODEN. When election events really start later this year, this should be the biggest narrative. Trump will be constantly in the news doing his usual antics." Meanwhile, the analysis platform Santiment, which reviews meme coins, reveals a clear correlation between the price movements of the two meme coins and the behaviors of the candidates in real life. 💬 "Most references to these recent meme coin rises go to Donald Trump and his crypto-friendly endorsements. As seen, Trump’s words, along with Biden, who traders fear for his anti-crypto policies, have driven the cryptocurrency to rise near its local bottom." 🔸 Price Outlook for Meme Coins Examining the meme coins highlighted by the analyst, TRUMP has risen more than 11% in the last 24 hours and is currently trading at $5.40. TRUMP’s market cap has exceeded $265 million, while its trading volume is only $7 million. BODEN, on the other hand, finds buyers at $0.3219 following a 10% increase, boosting its market cap to $240 million. Despite the price increase, BODEN’s 24-hour trading volume has dropped by 50% to $13 million. #meme #memecoins
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