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🚨𝗧𝗵𝗲 𝗨𝗽𝗰𝗼𝗺𝗶𝗻𝗴 𝟭𝟬𝟬𝘅 𝗖𝗿𝘆𝗽𝘁𝗼 𝗡𝗮𝗿𝗿𝗮𝘁𝗶𝘃𝗲 𝗪𝗶𝗹𝗹 𝗦𝘁𝗮𝗿𝘁 𝗧𝗼𝗱𝗮𝘆 🚨    Hong Kong has approved its first Bitcoin and ETH ETFs today.   This is a massive boost for the crypto economy, as it'll help bring a huge amount of Chinese money into crypto.   As per some estimations, BTC    ETF could bring up to $25B in its first year.   Hong Kong approving BTC and ETH ETF will also bring a lot of attention to Chinese narrative tokens.   Last year, the crypto market had a Chinese coin season, but this time it will be much bigger.   Imagine mainstream media coverage, billions of dollars in inflow, and CT talking about it.   I'll be keeping a close eye on Chinese tokens and will suggest you do the same.$BTC #BinanceLaunchpool #bitcoinhalving #SHIB #BullorBear

🚨𝗧𝗵𝗲 𝗨𝗽𝗰𝗼𝗺𝗶𝗻𝗴 𝟭𝟬𝟬𝘅 𝗖𝗿𝘆𝗽𝘁𝗼 𝗡𝗮𝗿𝗿𝗮𝘁𝗶𝘃𝗲 𝗪𝗶𝗹𝗹 𝗦𝘁𝗮𝗿𝘁 𝗧𝗼𝗱𝗮𝘆 🚨 

 

Hong Kong has approved its first Bitcoin and ETH ETFs today.

 

This is a massive boost for the crypto economy, as it'll help bring a huge amount of Chinese money into crypto.

 

As per some estimations, BTC    ETF could bring up to $25B in its first year.

 

Hong Kong approving BTC and ETH ETF will also bring a lot of attention to Chinese narrative tokens.

 

Last year, the crypto market had a Chinese coin season, but this time it will be much bigger.

 

Imagine mainstream media coverage, billions of dollars in inflow, and CT talking about it.

 

I'll be keeping a close eye on Chinese tokens and will suggest you do the same.$BTC

#BinanceLaunchpool #bitcoinhalving #SHIB #BullorBear

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🔥🔥Breakthrough: Shiba Inu SHIB tokens burn through more than $9 billion $SHIB 🔥Out of the entire quantity of SHIB tokens, Shiba Inu has burnt more than $9 billion worth. 🔥April has been a losing month for SHIB holders, with approximately $45 million in losses. 🔥Bullish on-chain indicators suggest that SHIB is well-positioned for a comeback. 🔥There was a recent milestone in the amount of tokens burnt by Shiba Inu (SHIB), the second-largest meme currency in the crypto ecosystem. From the beginning of the burn mechanism, Shiba Inu has burned more than 410.72 trillion SHIB tokens, which is worth more than $9 billion. 🔥The Shiba Inu price is expected to bounce back soon, according to Santiment's positive on-chain metrics for the meme currency. 🔥On April 16, the Shiba Inu token will be burned, removing almost $9 billion worth of SHIB from circulation. This is a major milestone in the project. 🔥Both the 7-day and 30-day periods of the Market Value to Realized Value (MVRV) for SHIB indicate that the stock is now experiencing favorable conditions. 🔥The fact that SHIB investors have lost a total of $45 million so far in April suggests that the meme currency is about to give up. 🔥From what we can tell from Shibburn data, the Shiba Inu token burn reduced the supply of SHIB by around $9 billion, which means there are less SHIB in circulation and, in theory, less demand for the meme currency. 🔥According to Santiment data, the price of SHIB rises within a week if the 7-day and 30-day moving averages of MVRV fall within the zone shown in the chart below, which is between -6 and -18%. Price increases for SHIB are anticipated to occur now that the MVRV has returned to the opportunity zone. 🔥According to the Network Realized Profit/Loss indicator (NPL), SHIB investors have regularly experienced losses totaling $45 million from April up until the current date. An asset's capitulation is signaled when nonperforming loan (NPL) levels climb in tandem with a price fall; this is usually followed by a price rise. #bitcoinhalving
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