Global institutions are enthusiastic, and the crypto market is迎来 multiple favourable information.

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Good news continues to pour in from the crypto market, institutional enthusiasm is on the rise.

Recently, the crypto market has welcomed a series of positive news. From macroeconomic factors to industry developments, various elements are collectively driving the market sentiment to warm up.

In terms of the global economy, China and the United States have reached a tariff truce agreement, temporarily easing the long-standing trade dispute. This news has led to a broad rise in global financial markets, with the crypto market also rebounding. Although the price of Bitcoin has slightly retreated, mainstream altcoins such as Ethereum are performing strongly, triggering expectations for a new bull market.

Meanwhile, significant news has emerged within the encryption industry. A well-known cryptocurrency exchange is about to be included in the S&P 500 index, marking the first time a crypto company has entered this index, signifying a new stage in the industry’s development. This move will not only help enhance the recognition of the crypto market but may also attract more traditional investors' attention.

Coinbase enters the S&P 500, major companies target RWA, institutions are starting to "FOMO"

In terms of regulation, the new SEC chairman stated that establishing a reasonable encryption asset regulatory framework will be prioritized, sending positive signals. Additionally, there are reports that a large asset management company is discussing an ETH staking proposal with the SEC, further boosting market confidence.

It is worth noting that New Hampshire in the United States has passed a strategic Bitcoin reserve bill, allowing the state treasurer to purchase Bitcoin or large digital assets, which may bring new institutional demand for Bitcoin.

Coinbase joins the S&P 500, big companies target RWA, institutions are starting to "FOMO"

In Hong Kong, regulators are actively promoting the development of tokenized assets (RWA). Many large tech companies and financial institutions are laying out plans in the RWA sector, involving stablecoins, cross-border payments, asset tokenization, and more. Some exchanges and asset management companies have also received approval from regulators to launch tokenized fund products.

Coinbase enters the S&P 500, big companies target RWA, institutions are starting to "FOMO"

Overall, both in the United States and Hong Kong, enterprises and institutions are actively laying out in the encryption field, but the ways of participation vary due to regional differences. The US market is more aggressive, with institutions directly buying ETFs in large quantities, and listed companies purchasing Bitcoin to boost their stock prices. In contrast, the Hong Kong market is more cautious, with enterprises and institutions placing a greater emphasis on compliance, mainly participating through business extension and technological innovation.

As crypto assets gradually gain mainstream recognition, more and more enterprises and institutions will enter this field. Funds, attention, and resources are continuously pouring in, and this wave of institutional participation may have just begun. In the future, we may witness further integration of the crypto industry with traditional finance and the emergence of more innovative applications.

Coinbase joins the S&P 500, major companies target RWA, institutions are starting to "FOMO"

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mev_me_maybevip
· 07-11 07:31
Don't get too carried away in the early stages of a bull run.
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WealthCoffeevip
· 07-10 05:26
It's getting better, the big one will come.
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SillyWhalevip
· 07-10 01:31
The bull run is coming!
View OriginalReply0
MetaRecktvip
· 07-09 14:30
Here comes the bull run trend.
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BearMarketMonkvip
· 07-08 10:23
The bottom is just the starting point of another round of bubbles.
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TokenVelocityTraumavip
· 07-08 10:13
The bull run is stable, and it might hit new highs again.
View OriginalReply0
OnlyOnMainnetvip
· 07-08 10:12
2024 will definitely pump, just asking who dares to shorting.
View OriginalReply0
NullWhisperervip
· 07-08 09:56
technically, just another honeypot setup
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