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Funds were moved from a wallet that has been holding onto one set of bitcoin mining rewards for nearly 14 years today. Some of the bitcoin was sent to a wallet that has interacted with crypto exchange Coinbase.

BTC price volatility is the name of the game this week as macro pressures combine with the incoming Bitcoin halving.

Quick Take Hong Kong gave in-principle approvals to several spot Bitcoin and Ethereum ETFs on Monday. Bitcoin and ether prices have returned to green after a decline over the weekend.

Hong Kong approved several spot bitcoin ETFs and spot ether ETFs managed by China Asset Management, Bosera and HashKey on Monday. The asset managers did not disclose the timeline of the launch.

The price of Bitcoin has grown 54% since the start of 2024, and only six altcoins from the top 50 have done any better.
