01611 SINOHOPE TECH
- 2.580
- -0.100-3.73%
SINOHOPE TECH News
Bitcoin Faces Its Worst Month Since FTX Crash! Is the price pullback an opportunity or a trap?
Bitcoin is experiencing its worst month since Sam Bankman-Fried's FTX empire collapsed as the US exchange-traded fund (ETF) frenzy over the biggest digital asset subsides. Bitcoin fell nearly 14% in April, the biggest monthly decline since falling 16 in November 2022.
Officially announced the listing transaction at the end of April! Harvest, Huaxia Bitcoin ETF, and Ether ETF officially approved
It is expected to be officially listed and traded at the end of April.
The words are amazing! US presidential candidate: The national budget will list blockchain to allow 300 million people to jointly monitor and inspect
US presidential candidate JFK Jr. said that the national budget will be listed on the blockchain so that Americans can check it 24 hours a day.
“Halving” reduces the supply of new tokens, and Bitcoin mining companies may face loss of revenue
As the Bitcoin system update, known as the “halving,” has been completed, companies that make money by ensuring the smooth and safe operation of the digital currency's functions may experience a potential impact.
Bitcoin has been “halved” every four years! Komo warns: this will be the beginning of a sharp decline...
① Bitcoin's “halving” was finally completed last Saturday. J.P. Morgan analysts expect Bitcoin's price to fall after the halving due to the early pricing in the market. ② Analysts pointed out that the Bitcoin market is currently overbought, venture capital financing is sluggish, mining companies are facing declining revenue and may seek relocation or mergers. Although the market is optimistic about Bitcoin's price increase before the end of the year, there are downside risks in the short term.
Changes in Hong Kong stocks | Bitcoin concept stocks generally rose, Xiongan Technology (01647) rose more than 7%, and Bitcoin broke through 66,000 US dollars in the short term
Bitcoin concept stocks generally rose. As of press release, Xiongan Technology (01647) rose 7.46% to HK$0.072; Xinhuo Technology Holdings (01611) rose 5.56% to HK$2.85; and OSL Group (00863) rose 5% to HK$10.08.
The latest announcement from the United Kingdom and the US! The global market experienced a huge shock, and 10,000 people instantly burst out of positions
News of Israel's attack on Iran has caused global assets to “buzz”, and stock markets such as Japan, South Korea, the Philippines, and Vietnam, which are currently trading, fall rapidly.
Less than 24 hours until Bitcoin is cut in half! Komo and Deutsche Bank both “pour cold water”
Komo and Deutsche Bank do not agree that the price of Bitcoin will rise sharply after being halved.
Will the price of Bitcoin rise sharply after being halved? Komo and Deutsche Bank disagree
J.P. Morgan Chase and Deutsche Bank believe that the positive impact of Bitcoin's upcoming “halving” of software updates every four years is already largely reflected in the price.
Bitcoin fell below $60,000! Can the halving incident still cause the market to “rise” again?
① Bitcoin once fell to $59,900 on Wednesday, down more than 15% from its all-time high; ② analysts pointed out that this round of pullback may not be over until further upward signals are seen; ③ The Bitcoin halving event is expected to occur around April 20, but the market doubts that the increase driven by this halving may not be too obvious.
On the eve of the fourth “halving”, Bitcoin once fell below the $60,000 mark
Bitcoin may be on the eve of its fourth “halving” this Friday. It once fell below 60,000 US dollars in the intraday session on Wednesday, a new low since March 6, and fell by about 4% during the day.
Bitcoin halved, probably on Friday! The impact is not limited to currency prices
Analysts believe that “halving” may be one of the drivers of the rise in the crypto market this year. “Halving” also directly affects miners' income, which is bad for miners' stock prices.
Two technical maps of Elliott Wave: Bitcoin has “bottomed out” as expected, flashing 98,000 potential bull flags!
Analysts said that since the Bitcoin price peaked, it has bottomed out as expected, and has flashed a signal of a potential bull market of 98,000 dollars.
The Big Three Fund Officially Announced! Bitcoin ETF application approved!
The number of publicly funded companies setting up Bitcoin business in Hong Kong has increased to 4.
Bitcoin ETF's ability to suck in gold is full! Pushing Bitcoin's share in the crypto sector to a new high since 2021
Bitcoin, a cryptocurrency, accounts for more than half of the $2.4 trillion crypto market. To a certain extent, this reflects the market's demand for Bitcoin spot ETFs approved by the US SEC and the decline in the market value of smaller tokens.
Bitcoin continues to fluctuate, and the countdown to halving is five days. What is the current state of the coin industry?
① The price of Bitcoin has fluctuated sharply recently. On April 14, it once fell below the 60,000 US dollar integer mark during the intraday period. ② Currently, it is less than a week until Bitcoin is halved for the fourth time. The halving event will cause miner rewards to be reduced, directly affecting the speed of Bitcoin circulation.
The first batch of Bitcoin and Ether spot ETFs in Hong Kong, China was approved
Hong Kong subsidiaries of mainland public funds, Bosch International, Huaxia Fund (Hong Kong), and Harvest International have successively disclosed that the issuance of virtual asset spot ETF products has been approved in principle by the Hong Kong Securities Regulatory Commission.
A “big thing” happened! Breaking News: Huaxia Fund and Bosch International Bitcoin Spot ETF Approved for Issuance in Hong Kong
Huaxia Fund has obtained approval from the Hong Kong Securities Regulatory Commission to issue Bitcoin and Ether spot ETFs. Bosch International and HashKey Capital jointly issued a virtual asset spot ETF.
Bitcoin is also affected by the situation in the Middle East. Can the aftermath of geopolitical risk reverse the downward trend?
① The price of Bitcoin rose as soon as Iran attacked Israel, and it became one of the markets that gave an immediate response in the asset market; ② Due to the rise caused by investors' safe-haven demand, the sell-off wave of Bitcoin has recently come to a standstill.
The digital gold you're talking about? Bitcoin falls sharply after Iran attacks Israel
At a time when the situation in the Middle East suddenly escalated, Bitcoin plummeted 8% during the day, the biggest drop since March last year. In the past 24 hours, more than 240,000 people have liquidated their positions in the virtual currency market, and the total amount of liquidated positions has reached 930 million US dollars. The safe-haven attribute of “digital gold” seems to have disappeared.
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