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Bitcoin ETF Approval Pushes Bitcoin to New Highs, Says LongHash Ventures Co-Founder
According to Foresight News, Emma Cui, the co-founder and executive partner of LongHash Ventures, spoke at the 2024 Hong Kong Web3 Carnival. During the 'East & West, Industry & Academia' roundtable discussion, she stated that the market is currently in the relatively early stages of a bull market. The approval of a Bitcoin spot ETF has pushed Bitcoin to new highs. However, many assets, including Ethereum, have not yet reached their previous peaks, indicating that the market still has room to rise further.

Cui also commented on Meme tokens, stating that while they are interesting, they have reached a stage of high manipulation. She emphasized the need for discernment in dealing with these tokens.
Disclaimer: Includes third-party opinions. No financial advice. See T&Cs.
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