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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

Avertissement : comprend des opinions de tiers. Il ne s’agit pas d’un conseil financier. Consultez les CG.
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🔄 Update May 6: 9 ETFs added 4,412 BTC (+280 million USD). Grayscale added 979 BTC (+USD 62.14 million) and currently has 292,218 BTC (USD 18.55 billion). Fidelity added 1,574 BTC ($99.92 million) and currently has 152,815 BTC ($9.7 billion). $BTC #BTC
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📉 After the halving, the BTC hashrate began to slowly decline Last weekend the rate remained at 600 Eh/s, fluctuating up and down from time to time. This decline follows a pre-halving hashrate all-time high of 655 EH/s. 🥅 The decrease in the rate has led to increased intervals between blocks, which could lead to a 3.4% decrease in difficulty on May 8th. $BTC #BTC
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📊 What's Happening in the Market? On Monday, Bitcoin consolidated below $65 thousand and after an unsuccessful attempt to break through this level, its price dropped to the support of 63 thousand, where BTC is currently trading. 🗣 According to Farside, on May 6, the inflow into US ETFs amounted to $217 million. At the same time, the Grayscale ETF recorded an influx of capital for the second day in a row, on level of $3.9 million. 🇭🇰 ETFs in Hong Kong, on the contrary, are facing capital outflow, since on May 06 the total outflow amounted to $1.7 million. At the moment, ETFs in Hong Kong accumulated 4388 BTC. 🔹 SEC delayed adoption decisions on the Invesco application Galaxy to Ethereum Spot ETF with the next deadline on July 5th. ETH price continues to trade above $3,000. $BTC $ETH #BTC #ETH #ETF
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📣 Solana (SOL) Might Reclaim $160, But This Needs to Happen First Solana (SOL) is fighting for survival in a visibly tense market. The drawdown in the market has suppressed SOL from breaking away from its psychologically important level of $160. At the time of writing, data from CoinMarketCap pegs the price of Solana at $155.53. 🔺 Solana whale FUD not going away Solana has long been associated with whales moving large amounts of SOL in and out of exchanges. Notably, investors and retail traders do not know when the next major dumping will take place. This has generally kept Solana on the edge as HODLers do not want to get caught up in the mix. According to recent data from crypto analytics provider Whale Alert, an unknown Solana whale moved 260,931 SOL worth approximately $40,502,770 from an unknown wallet to Kraken Exchange. This sort of whale movement is often indicative of a sell-off. While it remains unknown whether or not this whale is planning a sell-off, the current market sentiment is bearish and might weaken investors' resolve to keep betting on SOL. This shaky sentiment is playing out in the price of the coin. From a year-to-date (YTD) high of $209.7, Solana has retracted to its current level after dropping as low as $119 earlier this month. 🔺 Defeating bears Solana is on the watchlist of many traders, and the push to grow might not set in if the bearish whale transaction push does not die down in the near term. Solana is already free from the influence of the FTX Derivatives Exchange implosion. With the trading platform owning a large stack of Solana, its successive auctions have alleviated concerns over price instability in the long term. Solana has also launched a major upgrade on the mainnet to combat the negative impact of network congestion. In all, Solana is prime to build on the more than 590% surge it has recorded over the past year. $SOL #SOL #Solana
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Coin : ENA / USDT - LONG POSITION 📈 Time Interval: 1h 🕗 Price : $0.955 ------------- Based on the indicators for ENAUSDT on the 1-hour timeframe, I recommend buying this coin. The moving averages (SMA and EMA) are showing a bullish trend, with the price above all moving averages. The RSI is in the neutral zone, indicating potential for upward movement. Considering the current price of 0.955, set a take profit at 1.05 and a stop loss at 0.87. 🟢 Take Profit: $1.05 🔴 Stop Loss: $0.87 $ENA #ENA #altcoins #signaladvisor
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