After soaring more than 60%, Bitcoin's next big rise may rely on these four major catalysts!
There are many more drivers for Bitcoin's continued rise, and four upcoming catalysts are worth watching.
Benefiting from the AI PC wave, Lenovo's stock price hit a one-year high
Recently, many major banks such as Damo, Goldman Sachs, and CITIC Lyon have successively expressed optimism about Lenovo Group, believing that the AI PC trend will bring the company room for a significant increase in stock prices.
Hong Kong Stock Afternoon Review | The three major indices turned V-shaped, and the Hang Seng Index rose 0.31%; electricity and shipping port stocks strengthened collectively, and COSCO Offshore Control rose nearly 5%
The three major indices of Hong Kong stocks turned V-shaped. As of midday trading, the Hang Seng Index rose 0.31%, the Science Index rose 0.08%, and the National Index rose 0.31%.
Intraday Overview | The three major indices fluctuated, and Evergrande Auto resumed trading and rose more than 78%
The pharmaceutical outsourcing concept declined across the board. Pharmaceutical Biotech fell by more than 6%, Kanglong Chemical fell by more than 4%; China Mobile Games rose more than 23%, and its two new games will be launched soon; Lenovo Group has risen more than 7%, and the market share of Daimo AI PC will continue to rise.
The release of an Ethereum ETF is in sight, and another “encrypted money printer” will appear after the Bitcoin ETF?
① On Thursday, the US Securities and Exchange Commission suddenly approved key documents for the Ethereum ETF, indicating that the listing of the asset is only one step away; ② The market's attitude towards Ethereum ETFs is inconsistent, and some people are worried that their recognition and popularity are not as good as Bitcoin, so they cannot attract large-scale investors into this category; ③ but there are also people who believe that once the ETF is listed, spot Ether will soar 60%.
The coin industry suddenly became very popular! SEC Approves Key Documents for Spot Ethereum ETF
The move removes a key barrier to spot Ethereum ETF trading in the US, but the official listing may take weeks.
The coin industry ushered in a critical moment! Will a spot Ethereum ETF be approved tonight?
The coin industry is likely to “jump up and down” again tonight. Do we need to be wary again of the “buy news and sell facts” market?
Lenovo Group GAAP EPS of $0.02, Revenue of $13.83B Beats by $630M
Opinion | The size of Chinese stock holdings in overseas asset management declined in the first quarter, and some institutions increased their positions
Since mid-April, the Hong Kong stock market has closed higher for four consecutive weeks. The Hang Seng Index has accumulated a cumulative rebound of nearly 20% since the bottom, and once returned to around 19,600 points, a new high since August last year.
Chinese assets have ushered in a lot of good news!
Today, although the major indices of A-shares and Hong Kong stocks have not increased much, individual stocks have shown a general upward pattern. The money-making effect on the market is obvious, and concept stocks such as PV, real estate, and AI PCs have collectively strengthened.
Intraday Overview | Hong Kong stocks fluctuated higher. After that, Xiaopeng Motors rose more than 12%, leading auto stocks, and Lenovo Group rose more than 11%
The Hang Seng Index rose 0.43%, the Science Index rose 0.72%, and the National Index rose 0.55%; Technet shares generally rose, NIO rose 5%, and Oriental Select rose nearly 4%; Hong Kong Airlines stocks rallied; China Southern Airlines shares rose more than 5%, and China Eastern Airlines shares rose more than 4%.
Surging for the second day in a row, what do ETFs mean for Ethereum and Bitcoin?
The launch of an Ethereum ETF may herald a key “turning point” before cryptocurrency prices soared, and may also represent the beginning of an “internal volume” in the industry.
Bitcoin returns to $70,000! Expectations of interest rate cuts and rumours about Ethereum ETFs rekindle gains in the coin market
① The inflation data released by the US last week injected a dose of strength into the market to cut interest rates and triggered a crazy rise in many safe-haven assets; ② The cryptocurrency market was also affected by macroeconomic factors, and Bitcoin reversed its previous weak trend and reached 70,000 US dollars; ② This Thursday, the US Securities and Exchange Commission will announce whether to approve the listing of an Ether ETF. Market sentiment is currently quite optimistic.
Intraday Overview | The three major indices fell sharply, and the science index fell more than 3%; auto stocks and pharmaceutical outsourcing concept stocks weakened; after ideal car performance, it plummeted nearly 20%
The Hang Seng Index fell 2.2%, and the Tech Net Index fell by 3.41%; most of the shares fell by more than 7%, JD Health and NIO by more than 6%, Bilibili by more than 5%, and Tencent, Ali, Baidu, and NetEase by more than 3%.
Institutions | The rebound in Hong Kong stocks is still resilient, focusing on the three main lines
The four major driving forces driving the current round of Hong Kong stock rebound can be categorized as: 1) mitigation of external disturbances; 2) domestic policy cohesion; 3) expectations of Hong Kong Stock Connect dividend tax relief; and 4) re-understanding and pricing of Hong Kong stock growth stocks.
Big news from the US Securities Regulatory Commission! Bitcoin surged above $70,000 and Ethereum surged more than 18%
There are major rumors about spot Ethereum ETFs, and traders are scrambling to open positions.
Weekly outlook | Nvidia's earnings report hits the ball! Pinduoduo, Kuaishou, and Xiaomi are about to be released; Federal Reserve officials are speaking out intensively, and the minutes of the latest meeting will be released
In addition, Ideal Auto, Xiaopeng Motors, NetEase, and Station B will also release financial reports this week. Japan's core CPI data for April will be released, and the yen may once again face downside risks.
Digital gold? No, Bitcoin is now closer to tech stocks
Bitcoin is becoming more and more like a growth asset, and its correlation with US technology stocks has climbed to its highest level since August last year.
Report: CME plans to launch Bitcoin spot trading
The world's largest futures exchange, the Chicago Mercantile Exchange (CME Group), is planning to launch Bitcoin trading to capitalize on Wall Street's surging demand this year.
What's the situation? Bitcoin has skyrocketed again!
The digital currency market is in full swing, with many varieties rising more than 20% in a single day.