Bitcoin Halving; Altcoin Market Pain & Hong Kong Approves ETFs

from Collective Shift · host Collective Shift

Join Matt and Nick as they break down the Bitcoin halving; the rollercoaster week for cryptocurrency prices; worsening sentiment towards altcoins; Hong Kong approving spot Bitcoin and Ethereum ETFs; and more.Key Takeaways Bitcoin (BTC) dominance rose to three-year highs amid what was one of the most volatile weeks for cryptocurrencies in recent memory.Bitcoin’s fourth halving came and went. There are now roughly 450 BTC being mined per day.Hong Kong approved the launch of spot ETFs for BTC and ETH. While Hong Kong’s ETF market is miniscule, relative to the U.S., these approvals help investors gain convenient exposure to BTC and ETH.Among the altcoin updates covered: Solana’s network update, Arbitrum BOLD and Jupiter’s LFG Launchpad (Round 2).

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This episode was published on April 23, 2024.

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