💡Highlight of the Week

The Bitcoin price surged above the $40,000 mark during trading on December 4th, marking the first time since May 2022.

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💡Highlight of the Week

BlackRock submitted the application documents for a Bitcoin spot ETF on December 4th. Due to increasing anticipation of its approval, new institutions are joining the fray. Pando Asset, a Swiss asset management company, has officially become the 13th challenger seeking approval for a Bitcoin spot ETF.

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💡Highlight of the Week

Following a month-long hype about the potential approval of a Bitcoin spot ETF, the Bitcoin price surged rapidly within a week, crossing $40,000. It even briefly spiked to $44,000 on 12/6, and the upward trend continues. It is believed that by Christmas 2023, it might reach $45,000.

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