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Approval of two giant companies: Green light for spot Bitcoin ETF! The U.S. SEC's approval of spot Bitcoin ETFs has been an important threshold. After that, other countries started to follow this path. The Hong Kong Securities and Futures Commission has approved Harvest International Asset Management Company and China Asset Management (Hong Kong) Co. Ltd. for coin circle asset management competencies. The move paves the way for the launch of spot Bitcoin ETF products, which are expected around the end of April. The updated list of virtual asset management fund companies on the official website of the Hong Kong Securities and Futures Commission reveals the inclusion of Harvest International and China Asset Management, marking their entry into the virtual asset industry in Hong Kong. These well-known public fund companies now have the necessary qualifications to promote "Coin Circles"-related money fund products to the public, including spot Bitcoin ETFs. #ContentStar# #HotTopicDiscussion# #BountyCreator# #GateioBountyCreator#

There are only two ways to improve the level in the cryptocurrency circle, lose money to buy lessons, and spend a longer time to lose more money to buy more lessons. . In the first year of entering the circle, everyone often entered the bull market, never saw what it was like to be beaten, and made the mistake of being too brave. It's so easy to make money, the money comes with a click of the mouse, and if it goes on like this, how long will I be able to make money...... In the end, someone else's old leeks ran away after eating, and you stayed to wash the dishes for three years. . In the second round of the bull market, those with poor understanding were still doing such things as the first round, and after riding a roller coaster, they were left to wash dishes for three years. Those who have a good understanding will remember the lesson at the end of the first round, overkill, not brave and greedy enough, and exit the market in advance. . The beginning of the third round of the bull market is your real chance, you take the experience you learned from the two rounds of bull and bear losses, and come back to see everything like a traverser. 17 years of 1co, 21 years of small pictures, animal coins, 23 years of inscriptions, in addition to a little difference in form, the core is not all a silly consensus is also a consensus. . This market does not engage in seniority, but you will find that new leeks die faster than old leeks. In the face of many problems from people who are entering the market for the first time, I generally have only one piece of advice: charge less money, you can't take it with you. What year, month, and day did you first enter the crypto circle? (turn)

Market analysts had already been keeping a close watch on the cryptocurrency's price movement, anticipating the possibility of a breakout. On September 27, Bitcoin made a notable upward move, coinciding with the opening of Wall Street. This surge in Bitcoin’s price saw it climb to $26,823, marking a 2% increase and reaching weekly highs. Market analysts had already been keeping a close watch on the cryptocurrency’s price movement, anticipating the possibility of a breakout. One prominent trader known as Skew pointed out that the liquidity for purchasing Bitcoin was relatively thin at the moment, suggesting that a further upward move might come from perpetual contracts (perps). This situation could potentially create opportunities due to inefficiencies and potential premiums in the market. Additionally, on-chain monitoring data from Material Indicators revealed increased activity among a specific class of whales known for their influence on Bitcoin’s price. This development was seen as a positive sign for Bitcoin’s price action. Material Indicators also highlighted that Bitcoin’s move above the $26,500 mark had invalidated a warning signal triggered by a “death cross” on the daily chart earlier in the week. Keith Alan, co-founder of Material Indicators, expressed confidence in following the trading strategies of these influential whales, stating, “Purple buys dips and sells rips. I’m happy to swim in their wake.” Renowned analyst Michaël van de Poppe shared his insights, suggesting that if Bitcoin could maintain its price above $26,500, there was a strong likelihood of it reaching $30,000 by October. Data from the monitoring resource CoinGlass showed that short liquidations in the Bitcoin market remained relatively low. Around $13 million worth of Bitcoin shorts were liquidated on that day, contributing to a total cross-crypto liquidation amount of $39 million. At the time of writing, Bitcoin was trading at approximately $26,700, demonstrating ongoing volatility in the cryptocurrency market. As Bitcoin continued to show strength and resilience, many traders and investors remained optimistic about its potential for further gains in the near future. #GateioBountyCreator# #ContentStar# #HotTopicDiscussion# #Gateio# #NewsMessenger# #GateLive# #BountyCreator# #ContentMining#

🔥 Market Brief Wednesday - 06/03 + Bitcoin set a new ATH at $69.1K and quickly dropped to $63K, liquidating more than $1.1B of assets, mainly Long [CT] orders + Bitcoin ETF continues to set records with $10B volume, a sign of profit-taking activity as BTC establishes new ATH? [CT] + Fed Chairman Powell has a hearing before the US House of Representatives from 22:00 tonight [CT] + Grayscale launches a staking fund including 9 cryptocurrencies: APT, TIA, CBETH, ATOM, NEAR, OSMO, DOT, SEI & SOL [CT] + Bitcoin bridge OrdiZK rug pull, Founder hug $1.4M run away [CT] + AI network Sahara raises $6M from Polychain [CT] + Fetch AI (FET) announces $100M fund to invest in facilities, boosting HST [CT] + Airdrop: [CT] - Zora – Mint NFT 2 Blast Anniversary NFT & Rainbow Wallet - Super Sushi Samurai – New Tele & Blast Game - Bowled launches WL exchange point hunting show