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🚀🚀 Bitcoin enthusiasts, hold on to your hats! Chinese mainland-based equity funds are reportedly applying to launch spot Bitcoin ETFs via their Hong Kong subsidiaries. This comes amid a crypto price surge and Hong Kong's push to become a global fintech hub. 🌐🌐 Among the applicants is Harvest Fund Management's Hong Kong branch, which launched Asia's first futures crypto ETFs in December 2022. They've been awaiting approval from Hong Kong's Securities & Futures Commission (SFC) since January. 📈📈 Meanwhile, China Asset Management's Hong Kong division is teaming up with licensed crypto exchange HashKey to promote Web 3.0 initiatives in the asset management industry. 🤝🤝 Although there's no definitive timeline for spot Bitcoin ETFs in Asia, insiders suggest applications could materialize as early as this quarter. ⏰⏰ Hong Kong's crypto sector is booming! Bitcoin value soared to around $72,000 recently, nearly doubling from its December value. The CSOP Bitcoin Futures ETF, Hong Kong's largest, saw a five-fold increase in assets under management, reaching over $100 million. 💰💰 Hong Kong is determined to become a leading global crypto hub. The city plans to regulate OTC trading of virtual assets and enable intermediary institutions to offer various virtual asset services, including futures and ETF trading. 🏦🏦 So, keep your eyes peeled, Bitcoin believers! Exciting times are ahead! 🎉🎉

🚀🚀 Bitcoin enthusiasts, hold on to your hats! Chinese mainland-based equity funds are reportedly applying to launch spot Bitcoin ETFs via their Hong Kong subsidiaries. This comes amid a crypto price surge and Hong Kong's push to become a global fintech hub. 🌐🌐

Among the applicants is Harvest Fund Management's Hong Kong branch, which launched Asia's first futures crypto ETFs in December 2022. They've been awaiting approval from Hong Kong's Securities & Futures Commission (SFC) since January. 📈📈

Meanwhile, China Asset Management's Hong Kong division is teaming up with licensed crypto exchange HashKey to promote Web 3.0 initiatives in the asset management industry. 🤝🤝

Although there's no definitive timeline for spot Bitcoin ETFs in Asia, insiders suggest applications could materialize as early as this quarter. ⏰⏰

Hong Kong's crypto sector is booming! Bitcoin value soared to around $72,000 recently, nearly doubling from its December value. The CSOP Bitcoin Futures ETF, Hong Kong's largest, saw a five-fold increase in assets under management, reaching over $100 million. 💰💰

Hong Kong is determined to become a leading global crypto hub. The city plans to regulate OTC trading of virtual assets and enable intermediary institutions to offer various virtual asset services, including futures and ETF trading. 🏦🏦

So, keep your eyes peeled, Bitcoin believers! Exciting times are ahead! 🎉🎉

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🚀🚀Buckle up, Bitcoin enthusiasts! Analysts are predicting that Cardano’s ADA, currently trading around $0.46, could potentially mimic its 2021 surge, with a bullish target set at a whopping $7.80. 🎯 ADA has been flashing green recently, and analysts like JAVON MARKS believe that it could be mirroring its 2021 state. Remember, it was in 2021 when ADA’s value took a nosedive before skyrocketing to an all-time high of almost $3. 📈 Marks predicts that this scenario could repeat itself on a larger scale, setting a target of $7.80, which would be a massive 1,500% increase. 🚀 This would require ADA’s market cap to reach a staggering $260 billion, up from its current $16 billion. 🤯 Another crypto analyst, Trend River, also sees a bright future for ADA. He believes that despite bears' best efforts to push the price down, they will eventually "get tired," potentially triggering a bull run. 🐂 Meanwhile, analyst Ali Martinez suggested a month ago that ADA’s price was “exactly where it should be,” envisioning a surge towards $1.70. Earlier this year, he argued that ADA seemed ready to mirror its previous bull cycle, which could lead to a “parabolic” peak of $10. 🚀 So, while we're all about Bitcoin, it's worth keeping an eye on ADA's potential ascent. After all, a rising tide lifts all boats, right? 🚢🌊
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🚀Crypto enthusiasts, buckle up! We're taking a quick spin around the crypto block, but our eyes are on the prize: Bitcoin (BTC). 🎯 Ethereum (ETH) has been playing hard to get, holding strong above $3,000. A 2% price increase last week has us hopeful that the correction phase is waving goodbye. 📈 If buyers keep the price above the key support, we might just see another breakout attempt. But for now, we're sitting tight until the market makes a decisive move. Ripple (XRP), on the other hand, has been flatlining. 📉 The resistance at 54 cents is proving a tough nut to crack. We're waiting for some conviction from buyers or sellers to shake things up. Cardano (ADA) and Shiba Inu (SHIB) both closed the week with a 3% price increase. 🎉 ADA seems to have found support at 45 cents, and if the bulls can keep it up, we might see a recovery from April's losses. SHIB, the meme coin, is facing resistance at $0.000025. If buyers can break through, we might see the uptrend resume. Polkadot (DOT) is holding steady above $6 and seems eager to break the $7.6 resistance. 🚀 The momentum indicators are curving up, hinting at a possible rally. But remember, we're all about BTC here. So, while these altcoins are doing their dance, keep your eyes on the BTC prize! 🏆👀
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🚀Buckle up, Bitcoin enthusiasts! BTC has soared past $63,000 and predictions suggest it could reach a whopping $110,000 by year-end! 🎉 Influenced by factors like the recent halving, which typically precedes major rallies, Bitcoin is looking bullish. While some analysts anticipate potential dips, big names in the industry are extremely optimistic about Bitcoin's long-term value, with some forecasts reaching up to $1 million. 😱 After a few days in the red, Bitcoin headed north on May 10, surpassing the $63,000 mark. Analysts believe this uptick will continue, leading to unseen peaks. One such supporter is the popular trader, Titan of Crypto, who predicts a cycle top of almost $110,000 by the end of this year. 🚀 Other bullish voices include Captain Faibik and Mikybull Crypto, who suggest Bitcoin is in the final preparation for a post-halving massive rally. However, not everyone shares this optimism. Analyst Michael van de Poppe believes BTC could drop to the $52,000-$55,000 range if it plunges below the major support zone of $61,000. 😬 Among the ultimate bulls, Robert Kiyosaki, Adam Back, Michael Saylor, and Cathie Wood have presented extremely optimistic BTC price forecasts over the past few years, with Saylor and Wood envisioning BTC trading at $1 million in the future. 🤑 So, whether you're a bull or bear, one thing's for sure - Bitcoin's journey is one wild ride! 🎢
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🎉Hey there, Bitcoin enthusiasts!🎉 Let's talk about the power and challenges of self-custody in the crypto world. Remember, "Not your keys, not your Bitcoin."💡 Self-custody is the heart of the crypto industry, allowing us to take full control over our funds without relying on centralized third parties. But, it's not without its intricacies and risks. Enter hardware wallets, the superheroes of self-custody!🦸‍♂️ Today, we're chatting with Matej Zak, CEO of Trezor, the manufacturer of the world's first hardware wallet. Trezor's growth from a 30-person team to nearly 200 is a testament to the increasing need for self-custody.🚀 Trezor introduced the world's first hardware wallet, the Trezor Model One, back in 2014. Since then, they've released a range of devices aimed at making self-custody easier, less risky, and more convenient.🔐 But how do you store your crypto the right way? Zak shares some crucial tips for beginners. Understand what self-custody is about, how crypto storage works, and write down your seed phrase, keeping it 100% offline. Trezor even guides users through the onboarding process.👍 Lost your keys? No worries! Trezor has integrated methods of seed phrase recovery. And as we've just gone through Bitcoin's halving, Zak acknowledges the four-year market cycle theory but reminds us that history isn't always an indicator of future performance.🔮 So, are you ready to take control of your Bitcoin? Trezor is prepared for the next all-time high! Let's embrace the power of self-custody together.🎉🚀
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🚀🎉 Bitcoin (BTC) is on a rollercoaster ride! After a brief surge towards $64,000, it's now hovering around $63,000. The past week was less eventful compared to the previous one, where BTC dipped to a two-month low of $56,500. However, the recovery started last Friday, with BTC almost hitting $64,000 by Sunday. 📈 On Monday, BTC even jumped to a 12-day peak of $65,500, but couldn't maintain the momentum and started losing value. Yesterday, it dropped to $60,600, but the bulls didn't let it break below $60,000. Despite minor outflows from US-based spot ETFs, BTC regained traction and almost reached $64,000 again. 🐂💪 As of now, BTC's market cap is at $1.240 trillion, and its dominance over the alts is at 50.6%. Meanwhile, other cryptocurrencies like Toncoin, WIF, IMX, SOL, KAS, and RNDR are also on the rise. ETH has reclaimed the $3,000 level, while BNB is just below $600. The total crypto market cap has gained around $50 billion in a day and is close to $2.450 trillion now. 🌐💰 So, keep your eyes on the crypto market, folks! It's a wild ride, but for BTC enthusiasts, the future looks bright! 🌞🚀
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