⚡️Bitcoin Cash halving has taken place

In anticipation of the halving of digital gold, its fork #BCH reduced the reward for a mined block from 6.25 to 3.125 BCH. Against this background, the price per coin rose by 10%.

Since the beginning of March, the Bitcoin Cash exchange rate has already more than doubled, and the coin has entered the top 15 largest crypto assets by capitalization.

While we wait for the #BTC halving, which is expected to take place on April 19th, write in the comments whether you managed to make money on the bitcoin fork in 2017 and what you think about Bitcoin Cash 👇

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⚡️Industry analysts believe that the upcoming halving has already been factored into the current value of bitcoin.

They argue that the current cycle was the first time the #BTC rate updated the peak on the eve of the halving. However, the possibility of a rally cannot be completely ruled out due to the "crowd effect."

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🪙 #Tether printed 3 billion #USDT in the last 4 days.

What are your thoughts on this? Does this signify an impending market crash?

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⚡️ According to the CEO of mining company Hut8 Mining, big banks are buying #BTC directly from miners due to a shortage in the market.

Seems institutionalized people are waiting for something? 🤔

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🔼The volume of venture capital investments in the crypto industry reached $2 billion in Q1 2024.

The investment growth was 38% compared to Q4 2023. This upward trend could signal the entire market is about to grow like it did in 2020.

Are you ready for the bullrun? Or is it still early in your opinion 🧐

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🪙 The #Solana network has been experiencing congestion for several days now

Transactions have been delayed or failing. This is attributed to the increased activity of meme tokens on this blockchain. Developers promise to release a patch to fix the issues soon.

Do you think this is another signal of the prospects of meme tokens? Maybe we should make our own?

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🪙Asia prepares to introduce bitcoin-ETF

🇰🇷South Korea will approve an #ETF on #BTC if the opposition Democratic Party wins the upcoming election.

🇯🇵Japanese investment giant will launch a bitcoin-ETF for institutional investors.

🇨🇳A $284 billion Chinese fund has applied to launch a bitcoin-ETF through Hong Kong.

Mass adoption getting closer?

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✋ Andrew Kang of Mechanism Capital said that there is fundamental potential in meme coins

In his opinion, new meme coins that have proven themselves in the current cycle may become more popular than established flagships like #dogecoin.

He attributes this to the fact that behind every such project is a community that shares its values and identity, and in some cases even political views. Andrew cited meme coins TRUMP and BODEN as examples, calling them "cultural coins" and a cross-section of modern society's attitudes.

👍 - if humanity really started recording cultural history on blockchain.

🌚 - if this is another shitcoin stampede to shave hamsters.

We look forward to hearing what you think in the comments 👇

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⚡️Hong Kong may approve spot #bitcoin-ETF as early as April 15

In addition, the local SEC has updated the list of applicant companies to 18.

Hong Kong Stock Exchange will need another two weeks to prepare the listing after approval.

#News #ETF

⚡️ #BTC collapsed below $68,000

Bitcoin has taken a hit amid the publication of data on inflation in the United States, which turned out to be worse than forecasts (growth from 3.2% to 3.5% for March)

This reaction to the news indicates that the industry is still immature. The maturity will come when the reaction to high inflation will be a rise in bitcoin's popularity as a protective measure against the slashing of paper from under the US printing press.

After all, bitcoin was originally conceived as a hedge against inflation. It's important not to forget that 🪙

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