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🔥🇭🇰China's largest funds prepare to apply for spot Bitcoin ETF in Hong Kong 🔥🇭🇰 According to recent reports, some of #China 's largest asset managers are using their Hong Kong subsidiaries to enter the Bitcoin ETF Sunday.CHINA'S LARGEST FUNDS ARE APPLYING FOR A SPOT BITCOIN ETF IN HONG KONG. The Securities Times reported on Monday that financial giants such as Harvest Fund and Southern Fund have filed applications through Hong Kong arms and are awaiting regulatory approval. The move reflects growing institutional interest despite China's previous hostility towards Bitcoin. The Harvest Fund manages total assets of over $230 billion, while the Southern Fund oversees over $280 billion. The approval of Bitcoin ETF products from such influential institutions can significantly validate Bitcoin in the eyes of both Chinese regulators and investors. This news is also a testament to the evolving landscape of Bitcoin in China. Despite its previous crackdown on Bitcoin trading and mining, the country is now witnessing a shift. While the mainland remained cautious, Hong Kong took a more open approach, attracting the attention of Chinese funds. By taking advantage of Hong Kong subsidiaries, large funds can be harmoniously exposed to Bitcoin. The location provides a legal loophole for Chinese companies to join the burgeoning Bitcoin asset class. Industry insiders are buzzing with anticipation as they anticipate a major milestone in Bitcoin. Hong Kong's first Bitcoin ETFs are potentially the 2nd of this year. It can start as early as a quarter. Financial leaders are clearly eager to meet the growing investor demand for Bitcoin access. Bitcoin etfs offer a regulated ramp for both institutional and retail players. #BTC #BullorBear #ETF

🔥🇭🇰China's largest funds prepare to apply for spot Bitcoin ETF in Hong Kong 🔥🇭🇰

According to recent reports, some of #China 's largest asset managers are using their Hong Kong subsidiaries to enter the Bitcoin ETF Sunday.CHINA'S LARGEST FUNDS ARE APPLYING FOR A SPOT BITCOIN ETF IN HONG KONG.

The Securities Times reported on Monday that financial giants such as Harvest Fund and Southern Fund have filed applications through Hong Kong arms and are awaiting regulatory approval. The move reflects growing institutional interest despite China's previous hostility towards Bitcoin.

The Harvest Fund manages total assets of over $230 billion, while the Southern Fund oversees over $280 billion. The approval of Bitcoin ETF products from such influential institutions can significantly validate Bitcoin in the eyes of both Chinese regulators and investors.

This news is also a testament to the evolving landscape of Bitcoin in China. Despite its previous crackdown on Bitcoin trading and mining, the country is now witnessing a shift. While the mainland remained cautious, Hong Kong took a more open approach, attracting the attention of Chinese funds.

By taking advantage of Hong Kong subsidiaries, large funds can be harmoniously exposed to Bitcoin. The location provides a legal loophole for Chinese companies to join the burgeoning Bitcoin asset class.

Industry insiders are buzzing with anticipation as they anticipate a major milestone in Bitcoin. Hong Kong's first Bitcoin ETFs are potentially the 2nd of this year. It can start as early as a quarter.

Financial leaders are clearly eager to meet the growing investor demand for Bitcoin access. Bitcoin etfs offer a regulated ramp for both institutional and retail players.

#BTC #BullorBear #ETF

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🚀🚀😱Last Chance: Market Expert Explains Why Now Is the Perfect Time to Invest in These 5 Altcoins😱🚀🚀 Altcoins Analysis In a series of social media posts, Van de Poppe analyzes specific altcoins, including Sui (SUI), Chainlink ($LINK ), #Floki ($FLOKI ), #Fantom ($FTM ), and Polkadot (#DOT ), offering valuable insights for investors. One of the altcoins that has caught Van de Poppe’s attention is SUI, which, according to his analysis, has shown strength in the market with a higher low formation. Van de Poppe suggests that if momentum provides a breakout above $1.17, SUI could continue its uptrend toward $1.60 (currently trading at $1.067). Chainlink (LINK) is another altcoin Van de Poppe considers “heavily undervalued.” Drawing on historical data, he points out that LINK has delivered a 150% return in previous cycles, making it an attractive investment opportunity at its current trading price of $16.037. However, Van de Poppe also advises caution with certain altcoins. For instance, FLOKI, despite its substantial 1200% increase since the beginning of its recent run, carries a “higher risk of a heavy correction.” He suggests that interested investors wait for a 30-40% correction before considering an investment. Van de Poppe also draws attention to Fantom’s native token FTM, which has been forming lower highs and lower lows. With multiple tests of the $0.60 support, a price breakdown seems likely. If a breakdown occurs, he identifies two potential areas of interest between $0.4924 and $0.6113 for swing trading. Crucial Support Levels For Ethereum Regarding Polkadot, Van de Poppe highlights its potential as a market leader in the Real-World Asset (RWA) sector. He emphasizes that Polkadot is currently undervalued and is in the process of implementing RWA within its ecosystem. Despite the price not reflecting the “thriving ecosystem,” Van de Poppe expects this will change. #altcoins
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🚀🚀😱Can These Altcoins Make You a Millionaire? Bullish signal is on😱🚀🚀 Jupiter ($JUP ) Crypto Price Overview: Impressive Moves or Corrective Moves? Jupiter (#JUP ) is currently trading in a range of $0.89 to $1.15. Despite recent declines, with a one-week drop of 6.96% and a one-month drop of 4.81%, it has recorded significant long-term growth, up 3202.67% in six months. The coin is in a correction phase with the RSI at 44.98 and the MACD level negative. The nearest resistance level is at $1.30 and support is located at $0.79. Starknet ($STRK ) Price Overview and Short-Term Forecast Starknet (#STRK ) is trading in a range of $1.02 to $1.36, showing a current corrective move. The price fell 7.96% last week and 7.28% last month. Despite the significant rise of 456.71% in six months, the RSI and MACD level at 33.81 indicate a bearish trend. The nearest resistance is at $1.54 and support is at $0.87. In the short term, the price may struggle to break higher levels. Worldcoin ($WLD ) Price Overview and Forecast Worldcoin (#WLD ) is currently on a corrective move. Its price ranges from $3.78 to $4.92. Last week WLD saw a decline of 13.14% and last month it experienced a decline of 25.68%. However, looking at the last six months, WLD has increased by 68.41%. WLD appears to be oversold with the RSI at 31.09 and the Stochastic at 15.14. The nearest resistance is $5.59 and support is $3.31. #altcoins
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🚀🚀😱These 2 Altcoins May Have the Potential to Fly Bullish signal is on😱🚀🚀 Altcoins To Go Flying – #Notcoin Over the past month, Notcoin coin has experienced a surge of over 28%, reflecting increased investor confidence and a positive market outlook. Trading within a range of $0.0175 to $0.2, $NOT coin has shown significant volatility over the past week. Notcoin demonstrates strong upward momentum, indicating a possible entry into a bullish phase. If this trend persists, NOT might surpass the $0.019 resistance level. This trajectory could push its value towards the $0.05 mark, eventually reaching $0.1 in the foreseeable future. Conversely, if market sentiment turns negative, Notcoin’s value may find support around $0.018. A prolonged downturn could see the price decline to approximately $0.017, underscoring the inherent volatility of the cryptocurrency market. The daily technical indicators for Notcoin reveal a mixed market sentiment. The Relative Strength Index (RSI) is 42.68, indicating a relatively neutral stance, neither overbought nor oversold. 2. Dogecoin ($DOGE ) Dogecoin price has been trading in a sideways trend lately, with bulls and bears battling for control. Despite occasional spikes and dips, the price has remained within a narrow range, reflecting market indecision. Over the past week, #DOGE has decreased by more than 10%, indicating a bearish sentiment among investors. The meme coin has been trading in a range of $0.14 to $016, reflecting increased market volatility. Most meme coins have also experienced a sideways trend, with minor fluctuations failing to break significant resistance levels. With the current sideways market, Dogecoin is closely eyeing critical price levels. If DOGE surpasses $0.15, it could encounter significant resistance at $0.20. Breaking free from its longstanding trading pattern would be a key milestone. Sustaining above this level might set the stage for Dogecoin to target a more ambitious resistance at $1. #altcoins #binance
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🐸🦈PEPE Price Surges 5% as Whale Makes $2.9 Million Purchase😱😱😱 A crypto player’s purchase of 231 billion #PEPE tokens worth $2.9 million in a single day has led to a 5% surge in price, sparking investor optimism. $PEPE Price Surges 6% as Whale Makes $2.9M Purchase Pepe Chart | Source: CoinmarketCap The whale used a discount strategy to snatch up these tokens while the price of PEPE was down. Lookonchain, a crypto analytics platform, confirmed this massive purchase, indicating the whale’s confidence in PEPE. This isn’t the first time this whale has been active in PEPE. Since March 16, they’ve acquired 750.34 billion PEPE tokens from Kraken, spending around $8.34 million at an average price of $0.00001111. However, buying PEPE now comes with a twist. Many holders might sell their tokens as PEPE recently hit its all-time high (ATH) and has since dropped by 26.38% to $0.00001262. Despite this, the whale seems optimistic about PEPE’s future growth potential. Market analysts believe that altcoins like PEPE, known for outperforming the broader market, still have room to grow. In the larger memecoin landscape, things are looking positive. The overall market capitalization of memecoins has increased by 1.95% to $58.79 billion in the past 24 hours. Key players like Dogecoin (DOGE), which rose by 0.6% to $0.1477, and PEPE, up by 1.82% to $0.00001268, contributed to this growth. Other tokens like Dogwifhat (WIF) also saw gains, rising by 0.77% to $2.769. One notable milestone is FLOKI’s BNB Chain holders surpassing 417,000, showing strong community support. Innovations like Shibarium for Shiba Inu and TokenFi for Floki have boosted demand for these tokens. Investors view the recent significant purchase of PEPE tokens as a positive sign, leading to a 6% price surge and boosting optimism in the market. This strategic move by the whale demonstrates confidence in PEPE’s potential for growth and long-term value. #memecoins #binance
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😱🔥Newly opened major Crypto Wallets turned to 4 Altcoins🔥😱 While the cryptocurrency world is waiting for Wednesday's inflation data and Fed stocks, some newly opened whale budgets are investing in 4 altcoins. Purchases were made through Binance and OKX exchanges. Recently, new budgets have been added to the millions of particle token/altcoin purchases that are constantly available in the cryptocurrency world. According to the findings of the on-chain data platform Lookonchain, 5 newly opened cryptocurrencies made significant purchases in 4 altcoins. According to the information given; 870 thousand #UNI s worth 8.5 million dollars via 0x3492 cost OKX, 0xe841 budget 2.1 million 7.6 million BLZ via Binance, 0x81cC and 0xf226 budgets total 3.8 million 303 billion #PEPE via Binance and OKX, As for the 0x8499 budget, they purchased 1.9 million and 20 thousand TRBs through Binance. After the Ether spot ETFs approved in the USA, such as storage, many whale budgets turned to Ether-based tokens that serve mostly in the DeFi field. $UNI , LDO, AAVE and ENS were among the leading tokens in this sense. $PEPE $TRB #UNI #altcoins
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