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 Bitcoin sells the news on Hong Kong ETF debut Will BTC hold 60K

Bitcoin sells the news on Hong Kong ETF debut Will BTC hold 60K


Published: 2024-04-30


1. Bitcoin price surge after Hong Kong's first leveraged and inverse ETF launch - Hong Kong Exchange introduces the first BTC leveraged and inverse ETF,driving Bitcoin price to $60k. - The launch of this ETF has sparked renewed interest in Bitcoin investment. - BTC price hits $60k due to excitement and speculation surrounding the new investment product.

2. Impact of sell-the-news event on Bitcoin price - Historically,the market tends to "sell the news" after major events or announcements. - Bitcoin experiences a slight dip following the ETF launch,reflecting this market behavior. - Traders and investors should be cautious of potential price corrections following significant developments.

3. Institutional interest and market trends in the cryptocurrency space - Growing institutional interest in Bitcoin and cryptocurrencies is evident through products like leveraged ETFs. - Market trends indicate a shift towards mainstream adoption and acceptance of digital assets. - Institutional involvement contributes to the volatility and price movements in the crypto market.


Reference: cointelegraph.com

The most traded coin


(Update every 1 hour)
at from is ($US) turnover ($)
1 ETH title=ETH 3,794.00 3,471,210,199.95
2 BTC title=BTC 70,265.06 3,353,269,958.07
3 ARS title=ARS 1,182.60 2,971,096,109.60
4 PEPE title=PEPE <0.01 1,166,837,727.13
5 SOL title=SOL 178.44 838,924,944.42
6 DOGE title=DOGE 0.17 400,845,458.16
7 BONK title=BONK <0.01 292,421,490.52
8 XRP title=XRP 0.54 254,808,738.96
9 WIF title=WIF 2.79 229,199,745.77
10 BOME title=BOME 0.01 190,262,937.54
11 ENA title=ENA 0.89 179,827,891.30
12 FLOKI title=FLOKI <0.01 168,845,177.59
13 GALA title=GALA 0.04 137,616,127.99
14 ENS title=ENS 21.61 130,997,910.73
15 NEAR title=NEAR 7.78 120,650,235.36
16 AVAX title=AVAX 41.20 119,642,915.14
17 OP title=OP 2.82 117,177,020.94
18 ETHFI title=ETHFI 4.20 115,548,019.31
19 RNDR title=RNDR 11.14 111,422,330.80
20 PEOPLE title=PEOPLE 0.05 108,884,219.85
21 WLD title=WLD 5.11 106,355,466.43
22 LDO title=LDO 2.21 101,944,114.49
23 RUNE title=RUNE 6.83 99,775,635.62
24 ETC title=ETC 31.66 91,738,908.17
25 LINK title=LINK 16.87 88,330,261.48
26 PENDLE title=PENDLE 6.37 84,228,874.55
27 FTM title=FTM 0.87 80,747,618.06
28 AEVO title=AEVO 0.92 77,698,840.99

Coins with rapidly rising prices


(Update every 1 minute)
at from is ($US) more (%)
1 Pepe title=PEPE <0.01 +23.76
2 Ethereum Name Service title=ENS 21.61 +23.13
3 Request title=REQ 0.16 +19.73
4 Open Campus title=EDU 0.68 +17.90
5 Xai title=XAI 0.76 +14.44
6 ConstitutionDAO title=PEOPLE 0.05 +12.56
7 Bounce title=AUCTION 18.08 +12.30
8 FLOKI title=FLOKI <0.01 +11.15
9 SKALE title=SKL 0.09 +9.61
10 StormX title=STMX <0.01 +8.75
11 BinaryX title=BNX 1.18 +8.47
12 CyberConnect title=CYBER 9.03 +7.46
13 Convex Finance title=CVX 2.74 +6.00
14 Lido DAO title=LDO 2.21 +5.84
15 Enjin Coin title=ENJ 0.36 +5.71
16 Rocket Pool title=RPL 21.80 +5.52
17 Pendle title=PENDLE 6.37 +5.19
18 Aevo title=AEVO 0.92 +5.02
19 Bonk title=BONK <0.01 +4.82
20 AdEx title=ADX 0.22 +4.79
21 DIA title=DIA 0.51 +4.74
22 Loopring title=LRC 0.29 +4.68
23 LTO Network title=LTO 0.22 +4.55
24 RONIN 3.15 +4.38
25 WazirX title=WRX 0.23 +4.08
26 Kadena title=KDA 0.88 +4.03
27 Wanchain title=WAN 0.27 +3.91
28 DataBot title=DATA 0.06 +3.83
29 Ether.fi title=ETHFI 4.20 +3.81
30 Bittensor title=TAO 424.90 +3.66

The price of coins is falling rapidly.


(Update every 1 minute)
at from is ($US) reduce (%)
1 High title=HIGH 4.02 -9.95
2 Axelar title=AXL 0.98 -8.92
3 Stafi title=FIS 0.49 -8.66
4 Lisk title=LSK 1.69 -8.54
5 JOE title=JOE 0.51 -8.19
6 Arweave title=AR 44.45 -7.05
7 FIO Protocol title=FIO 0.03 -6.86
8 PowerPool Concentrated Voting Power title=CVP 0.39 -6.76
9 THORChain title=RUNE 6.83 -6.64
10 NEAR Protocol title=NEAR 7.78 -6.59
11 Reserve Rights title=RSR <0.01 -6.59
12 Unifi Protocol DAO title=UNFI 4.88 -6.59
13 Cream title=CREAM 73.52 -6.42
14 Chromia title=CHR 0.35 -6.19
15 Tranchess title=CHESS 0.19 -5.97
16 Jito title=JTO 4.24 -5.74
17 Gnosis title=GNO 336.60 -5.37
18 Renzo title=REZ 0.13 -5.10
19 Solana title=SOL 178.44 -5.09
20 BEAMX title=BEAMX 0.03 -5.03
21 Oasis Network title=ROSE 0.09 -4.91
22 Polymesh title=POLYX 0.43 -4.88
23 Fantom title=FTM 0.87 -4.53
24 Ontology Gas title=ONG 0.49 -4.44
25 SSV Network title=SSV 45.52 -4.27
26 Sei title=SEI 0.57 -4.26
27 Polkastarter title=POLS 0.71 -4.19
28 MANTRA title=OM 0.73 -4.17
29 Raydium title=RAY 1.92 -4.01
30 NEO title=NEO 15.93 -3.86

Bitcoin's Greed and Fear Index.

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76
Extreme Greed

Global CryptoCurrency News

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(See more news ...)
at news date
1 Insider trading claims over MAGA token sell off debunked as MEV bot activity 2024-05-21
2 Standard Chartered expects SEC to greenlight spot Ether ETF this week 2024-05-21
3 Ether ETFs could drive ETH price to 10K but approval could take until 2025 2024-05-21
4 Freedom of speech isnt a trump card for Tornado Cash developers 2024-05-21
5 Vitalik Buterin stresses AI risks amid OpenAI leadership upheaval 2024-05-21
6 4 reasons why Bitcoin was and still is a buy below 70K 2024-05-21
7 If Bitcoin doubles Stacks will 4x in 2025 Daan Crypto Trades X Hall of Flame 2024-05-21
8 Crypto insiders anxious and divided as spot Ether ETF decision date looms 2024-05-21
9 SEC contacted exchanges to update spot Ether ETF applications Report 2024-05-21
10 Bitcoin derivatives hint at potential rally above 73K New all time highs next 2024-05-21
11 Bitcoin price hits 70K as spot and BTC ETF buying surges 2024-05-21
12 SEC rumored to be reconsidering spot Ether ETF denial say analysts 2024-05-21
13 CPI report spurs 932M inflows into crypto investment funds 2024-05-21
14 Bipartisan bill for blockchain competitiveness passes US House 2024-05-21
15 Ex Florida congressman joins Coinbase Global Advisory Council 2024-05-21
16 Ether surges 18 amid new hope for spot Ether ETFs approvals 2024-05-21
17 Ethereum price soars on spot ETF rumor How are ETH options markets positioned 2024-05-21
18 Prometheum launches Ether custody service that treats ETH as a security Report 2024-05-21
19 Dark web market owner arrested in New York after FBI traces crypto 2024-05-21
20 House Democrats wont be forced to vote against two pro crypto bills 2024-05-21
21 Anti crypto FDIC chair Martin Gruenberg to step down best day ever 2024-05-21
22 Bitcoin ETFs are orange FOMO poker chips that siphon on chain funds back into TradFi 2024-05-20
23 Binance calls on small and medium projects to combat low float high FDV trend 2024-05-20
24 Real word asset tokens can stabilize DeFi Market observers 2024-05-20
25 Grayscale CEO Michael Sonnenshein steps down 2024-05-20
26 Kaamel Technology to lead investigation into XLink039s 10M breach 2024-05-20
27 How to create a memecoin on Solana 2024-05-20
28 The 2500 doco about FTX collapse on Amazon Prime with help from mom 2024-05-20
29 New York AG reaches 2B settlement with Genesis 039for defrauded victims 2024-05-20
30 White paper that birthed crypto ZK proofs receives IEEE Test of Time award 2024-05-20
31 Bitcoin bulls take charge as SOL AR GRT and FTM flash bullish signs 2024-05-20
32 Ripple publishes math profs warning public key cryptosystems should be replaced 2024-05-20
33 Crypto exchange Kraken has no plans to delist USDT in Europe for now 2024-05-20
34 Pumpfun exploiter claims he was arrested in UK and now on bail 2024-05-20
35 Spot Ether ETFs will come down to a 5 person vote Gensler the decider 2024-05-20
36 5 of 7 on chain indicators suggest the bull run is just beginning 2024-05-20
37 Microsoft faces multibillion dollar fine in EU over Bing AI 2024-05-19
38 Bitcoins 669K price holds strong casts doubts on a deep correction 2024-05-19
39 Phantom Wallet climbs Apple app store charts Bullish sign for Solana 2024-05-19
40 XRPL on chain transactions jump 108 in Q1 2024 2024-05-19
41 Venezuela bans crypto mining to protect power grid 2024-05-19
42 Bitcoin clings to 67K but analysis warns of 10 BTC price drop next 2024-05-19
43 Tornado Cash verdict has chilling implications for crypto industry 2024-05-19
44 OpenAI leadership responds to former employee safety allegations 2024-05-19
45 Microsoft faces multi billion dollar fine in EU over Bing AI 2024-05-19
46 Bitcoin039s 669K price holds strong casts doubts on a 039deep correction039 2024-05-19
47 Crypto personality pleads guilty to fraud after promising 60 fictitious returns 2024-05-18
48 Aussie admits to promoting BitConnect crypto services without a license 2024-05-18
49 If SEC approves spot Ether ETFs many will be caught severely offside 2024-05-18
50 Genesis Global secures court approval for 3B payout 2024-05-18

US news that has a significant impact on the market

at news day date time
1 FOMC Member Mester Speaks Wednesday 22-05-2024 00:00
2 Existing Home Sales Wednesday 22-05-2024 15:00
3 Crude Oil Inventories Wednesday 22-05-2024 15:30
4 FOMC Meeting Minutes Wednesday 22-05-2024 19:00
5 Unemployment Claims Thursday 23-05-2024 13:30
6 Flash Manufacturing PMI Thursday 23-05-2024 14:45
7 Flash Services PMI Thursday 23-05-2024 14:45
8 New Home Sales Thursday 23-05-2024 15:00
9 Natural Gas Storage Thursday 23-05-2024 15:30
10 FOMC Member Bostic Speaks Thursday 23-05-2024 20:00
11 Core Durable Goods Orders m/m Friday 24-05-2024 13:30
12 Durable Goods Orders m/m Friday 24-05-2024 13:30
13 FOMC Member Waller Speaks Friday 24-05-2024 14:35
14 Revised UoM Consumer Sentiment Friday 24-05-2024 15:00
15 Revised UoM Inflation Expectations Friday 24-05-2024 15:00

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