You know what's happening in China and Hong Kong? The Bitcoin market is boiling over there, and that can have a huge impact on everything we're experiencing in the crypto universe.
Recently, China tightened the screws on Bitcoin and other cryptos again, but that's not news, but it always gives you that little chill, right? We never know what to expect from these changes. But hold on, not everything is bad news, despite the crackdowns, interest in Bitcoin is growing. And now, with the approval of Bitcoin ETFs in Hong Kong, there's a pretty interesting movement in the market. It's almost like they're saying: "Hey, Bitcoin is really serious stuff and it's gaining ground."
Bitcoin Halving
And we can't forget about the much-anticipated Bitcoin halving, which is coming up fast. For those who don't know, halving is when the reward for mining Bitcoin is cut in half, and this happens every four years, usually bringing an increase in the price of BTC and like any increase in BTC, altcoins and tokens tend to follow its rise, I hope HIVE follows this. So guys, get ready, because there might be another high coming up surpassing the last high of this month.
It's amazing to see how Bitcoin keeps surprising and consolidating itself as a true powerhouse in the financial world. It's almost like we're witnessing history being made right in front of us.
I'm confident about this, and I've already increased another percentage of my portfolio on MEXC in MEMECOIN cryptocurrencies, even though I know there's no fundamental behind some of them, it's intriguing how there are people willing to risk a large amount on this, that's where my profit is obtained. Of course, we can't ignore the risks, since the crypto market is full of ups and downs, and it's good to keep an eye on that when investing. But, I have to admit and any cryptocurrency enthusiast will too, the growth and innovation potential of Bitcoin and cryptos is simply endless, every day we learn and new protocols are created.
So, what do you guys think of all this? Are you as excited as I am about the latest news? Tell me in the comments and don't forget to follow me through any front-end of the Hive ecosystem.
Have you robbed a bank today? 💸
Posted Using InLeo Alpha