Will the US, Hong Kong, and Australia Bitcoin ETFs Spark 8-Year Gold-Like Bull Rally?

Since the US Securities and Exchange Commission (SEC) approved spot Bitcoin exchange-traded funds (ETFs) on January 11, 2024, the crypto market has experienced a significant recovery. This culminated on March 14, 2024, when Bitcoin (BTC) reached a new all-time high (ATH) of $73,737.

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MicroStrategy Invests in 122 More Bitcoin, Totaling Over $15.2 Billion in Holdings

MicroStrategy, a business intelligence firm, has intensified its investment in Bitcoin by purchasing an additional 122 BTC this April.
The company solidifies its position as a major stakeholder in the digital asset market.
MicroStrategy Continues Bitcoin Shopping
This acquisition, totaling $7.

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Analysts Claim Bitcoin Topped and Could Drop to $42,000

Recent analyses from leading cryptocurrency experts suggest that Bitcoin, currently oscillating between $63,000 and $61,000, could be poised for a significant downturn.
These analysts warn about a potential market top that could result in an aggressive price correction.

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Morgan Stanley Assembles 15,000 Brokers Army to Promote Bitcoin ETFs

In an ambitious stride, Morgan Stanley is setting the stage to expand its Bitcoin exchange-traded funds (ETFs) offerings significantly. According to the latest report, the financial behemoth is poised to permit its approximately 15,000 brokers to recommend Bitcoin ETFs to clients proactively.

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