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🚀🚀🚀Hong Kong News: Bitcoin & Ether ETFs Trading Begins On April 30 🚀🚀🚀 Hong Kong’s Securities and Futures Commission (SFC) finally approved spot Bitcoin and Ethereum ETFs; trading will begin on April 30.  Spot Bitcoin (BTC) and Ethereum (ETH) exchange-traded funds (ETFs) have finally been approved by Hong Kong’s SFC and will begin trading on April 30. It will offer institutional investors and retailers a convenient and safer way to invest in digital assets. Unlike US spot BTC ETF, Hong Kong’s motive is to deliver in-kind creation models that assist in creating new ETF shares. Hong Kong Spot BTC And ETH ETF Trading On April 24, the official approval for Spot BTC and ETH ETFs trading joyfully filled Hong Kong crypto enthusiasts. After successfully approving the ETFs, Hong Kong is now ready to arrange its first batch of trading, scheduled for April 30.  According to SFC, The ChinaAMC, Harvest, and Bosera HashKey Bitcoin and Ether ETFs were approved on April 23. Additionally, Bosera Asset Management’s ETF will be managed by HashKey Capital. Approval of the ETFs showcases a successive step in Hong Kong’s creation of a model for ETFs that assists in developing new ETF shares using BTC and ETH. The in-kind ETF creation model holds the potential to spike assets under management (AUM) and trading volume for ETH and BTC.    Thomas Zhu, ChinaAMC’s head of digital assets, expressed his views on spot BTC and ETH ETF approval.  “The spot Bitcoin and Ether ETFs offer retail and institutional investors a safe, efficient, and convenient means to invest in virtual assets in a regulated framework,” said Zhu. He added that the demand for ETFs in institutional asset allocation and retail trading is gradually increasing in Hong Kong, and we expect the same for our offerings.  #ETF✅ #HongKong $BTC $LEVER

🚀🚀🚀Hong Kong News: Bitcoin & Ether ETFs Trading Begins On April 30 🚀🚀🚀

Hong Kong’s Securities and Futures Commission (SFC) finally approved spot Bitcoin and Ethereum ETFs; trading will begin on April 30. 

Spot Bitcoin (BTC) and Ethereum (ETH) exchange-traded funds (ETFs) have finally been approved by Hong Kong’s SFC and will begin trading on April 30. It will offer institutional investors and retailers a convenient and safer way to invest in digital assets. Unlike US spot BTC ETF, Hong Kong’s motive is to deliver in-kind creation models that assist in creating new ETF shares.

Hong Kong Spot BTC And ETH ETF Trading

On April 24, the official approval for Spot BTC and ETH ETFs trading joyfully filled Hong Kong crypto enthusiasts. After successfully approving the ETFs, Hong Kong is now ready to arrange its first batch of trading, scheduled for April 30. 

According to SFC, The ChinaAMC, Harvest, and Bosera HashKey Bitcoin and Ether ETFs were approved on April 23. Additionally, Bosera Asset Management’s ETF will be managed by HashKey Capital.

Approval of the ETFs showcases a successive step in Hong Kong’s creation of a model for ETFs that assists in developing new ETF shares using BTC and ETH. The in-kind ETF creation model holds the potential to spike assets under management (AUM) and trading volume for ETH and BTC.   

Thomas Zhu, ChinaAMC’s head of digital assets, expressed his views on spot BTC and ETH ETF approval. 

“The spot Bitcoin and Ether ETFs offer retail and institutional investors a safe, efficient, and convenient means to invest in virtual assets in a regulated framework,” said Zhu.

He added that the demand for ETFs in institutional asset allocation and retail trading is gradually increasing in Hong Kong, and we expect the same for our offerings. 

#ETF✅ #HongKong

$BTC $LEVER

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## Unleash the Power of Ethereum with #Renzo #Binance 53rd launchpool project and Reimagine Ethereum Staking with Renzo!🚀🚀😍 What makes $REZ and it's ecosystem revolutionary: Tired of locked ETH & complex staking? Renzo is the Liquid Staking Token (LRT) solution for EigenLayer, offering: * Higher Yields than traditional ETH staking * Flexible Staking - earn rewards without locking your ETH đŸ’„Simplify Your DeFi Journey Renzo acts as the bridge to EigenLayer, the next level for Ethereum. It abstracts away complexity, allowing you to: * Effortlessly collaborate with EigenLayer node operators * Enjoy a seamless DeFi experience on Ethereum đŸ’„The Future of Ethereum is Permissionless Renzo champions EigenLayer's vision of unrestricted innovation on Ethereum. It fosters: * Decentralized security for Actively Validated Services (AVSs) * Programmatic trust for a thriving EigenLayer ecosystem đŸ’„Join the Renzo Revolution! Renzo is built to accelerate the widespread adoption of EigenLayer. Be part of the future of Ethereum: ## Ready to Farm $REZ on Binance Launchpool? Here's Your Guide! - Join Binance: Don't have a Binance account yet? Get started here with few sipmle steps: - Choose Your Stake: Decide if you want to stake BNB with 147,569.44 REZ in reward or FDUSD with 26,041.67 REZ in rewards. - Head to Launchpool: Navigate to the Launchpool tab on Binance and find the REZ pool. - Start Staking: Follow the instructions to stake your chosen crypto and start farming REZ tokens! Farming ends on April 30th at 09:00am UTC. Don't miss out on this exciting opportunity to be part of the next big thing in crypto. #RENZOLAUNCHPOOL
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Solana Holds Above $150 Amid Mixed On-Chain Metrics: Here’s The Next Price Level For SOL Recently, Solana (SOL) has attracted considerable interest as its price has consistently recovered from previous lows. This positive trend followed Bitcoin’s recovery toward the $66,000 mark. Despite this bullish market sentiment, Solana has experienced a decline in its crucial on-chain metrics. However, several metrics continue to build strong buying demand for Solana, creating a mixed sentiment in the market. New SOL Addresses Decline By Several Thousands Currently, the market is experiencing a battle between buyers and sellers as they both try to set a clear price trend for Solana (SOL), which is currently trading within a range-bound ascending channel. As buyers are now gaining advantage, there’s a rise in significant liquidations. Recent figures from Coinglass reveal that Solana have seen total liquidations close to $6.8 million. Of this total, buyers have faced liquidations amounting to about $2.5 million, whereas sellers have experienced liquidations totalling around $4.3 million. What’s Next For SOL Price??? If the price advances past the moving averages and $162, it signals a potential comeback by the bulls. In this scenario, the SOL/USDT pair may aim for a rally towards the next major resistance at $192. If the price declines from the moving averages, it indicates surging negative sentiment and that traders are selling during price rallies. This could lead the price to drop towards the solid support level at $126. If it breaks below this threshold, there could be a further decline to $100. $SOL #SolanaInvesting
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Shiba Inu Raises $12M Through Treat Token Sale đŸ€‘đŸ€‘ 💎Shiba Inu team secures $12 million via TREAT token sale to non-U.S. investors like Polygon Ventures. 💎The lead developer, Kusama, clarifies the investor base amid queries about U.S. involvement. 💎TREAT is a utility and governance token for Shiba Inu’s Layer 3 blockchain. The team behind the Shiba Inu memecoin has secured $12 million by selling its unreleased token, TREAT, to non-U.S. venture capital investors. The fundraising campaign, which started several months ago, witnessed participation from investors such as Polygon Ventures, Mechanism Capital, Big Brain Holdings, Woodstock Fund, and DWF Ventures, Questions arose regarding the involvement of U.S.-based investors such as Mechanism Capital and Shima Capital. However, Shytoshi Kusama, the lead developer, clarified that despite appearances, none of the investors are based in the U.S., although full entity names remain undisclosed. Kusama refrained from providing specific details regarding the valuation but indicated that the fundraising was conducted in tranches. According to a source familiar with the matter, these tranches occurred at valuations of $75 million, $100 million, and $200 million, respective
 Source ; Coin Edition #SHÄ°B #ShibaAwakening $SHIB
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🚀🚀Surge in Meme Coin Market: Analyzing the Rise of Shiba and BONK Coins 🚀🚀 Recently, the cryptocurrency market has witnessed a notable rise in the value of meme coins, with Shiba and BONK coins experiencing significant gains. This surge is partly attributed to the broader recovery in major cryptocurrencies, such as Bitcoin, which has indirectly boosted investor interest in altcoins. Specifically, meme coins like DOGE and SHIB have seen their values increase, with some recording double-digit gains. Shiba Coin’s Current Market TrajectoryđŸ’„ Shiba Coin has demonstrated a robust performance by climbing over 14% in its recent trading sessions, positioning itself as one of the top-performing meme coins. This uptick is riding on the back of a buoyant market sentiment, where Bitcoin’s stabilization above $64,000 has played a crucial role. Shiba Coin has successfully held its ground, with its price significantly higher than where it was nearly one and a half months ago. The coin shows potential for further gains if it breaches new resistance levels. BONK Coin’s Market Performance and Prospects đŸ’„ Similarly, BONK Coin has rebounded well after a period of losses, underpinned by the recovery in the broader altcoin market, including SOL Coin. The coin’s price has maintained strong support levels and is poised to target higher price points if it continues to close above certain thresholds. BONK has outperformed other top 100 cryptocurrencies in terms of daily percentage gains, signaling a powerful comeback and possibly the beginning of a new all-time high journey. #MemeCoinsToTheMoon #MemecoinsđŸ€‘đŸ€‘ $BONK $SHIB
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Dogecoin’s Market Rally on Its Special Celebration Day The cryptocurrency community witnessed a significant event as Dogecoin‘s dedicated celebration, Dogecoin Day, coincided with Bitcoin‘s halving event. This alignment brought double the usual excitement and attention to the crypto market. On #DOGE Day, enthusiasts engage in various activities aimed at boosting the cryptocurrency’s value and visibility through widespread social media campaigns.Dogecoin Day’s Impact on Market Dynamics #Dogecoin , known for its origin from a popular internet meme, has built a robust community of followers since its introduction in 2013. The community’s efforts intensified on Dogecoin Day, which coincided with the significant event of Bitcoin halving. This doubled the festive spirit and market activity. During a 12-hour trading window, Dogecoin demonstrated strong market performance, maintaining its upward trajectory above key technical indicators like the 200-day Simple Moving Average (SMA). Technical Analysis: Breakpoints and Growth Potential With positive indicators such as the Relative Strength Index (RSI) and Moving Average Convergence Divergence (MACD) pointing upwards, Dogecoin faced resistance at $0.1718 level near the 100-day SMA. If it surpasses this, the next significant resistance is at the $0.1830 mark near the 50-day SMA. Overcoming these could push Dogecoin towards the $0.20 mark, a potential 33% increase from its current position. Considered Points If Dogecoin breaks the $0.20 resistance level, it could invalidate the current rising wedge formation, indicating a strong bullish trend. Amidst these technical scenarios, Dogecoin remains a top contender in the cryptocurrency space, illustrating how community-led events and technical analytics interplay to influence market movements. As the Dogecoin community celebrates, all eyes are on these potential price movements and the outcomes of this unique convergence with Bitcoin’s halving. #DogecoinDay $DOGE $SHIB
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