Even though Bitcoin has taken a well-deserved break these days (even Batman leaves Gotham in the hands of Robin from time to time), the crypto world doesn’t stop for a second.
Right now, users’ attention has shifted towards other assets, and very powerful narratives have emerged, such as RWAs, meme coins, or tokens related to Artificial Intelligence.
You know what we always say, it’s important to stay informed, so here are the top news of the week:
🇨🇳 China could invest in Bitcoin and Ethereum.
🇪🇺 The EU wants to invest 12 trillion euros in cryptocurrencies.
🌱 The Solana ecosystem more alive than ever
China Could Invest in Bitcoin and Ethereum
The Bitcoin and Ethereum spot ETFs approved on April 30th in Hong Kong could also be available to users in China through the cross-border Stock Connects system, which connects the Hong Kong market with China’s.
This would be very important since China has a huge market that currently has no access to Bitcoin or cryptocurrencies.
Just to give you an idea, on their first day of trading, Bitcoin and Ethereum ETFs exceeded $290 million, only in Hong Kong.
The EU Wants to Invest 12 Trillion Euros in Cryptocurrencies
The European Securities and Markets Authority (ESMA) is conducting a consultation among financial experts on the feasibility of adding 12 trillion euros to the crypto market through Undertakings for Collective Investment in Transferable Securities (UCITS), an investment product market worth 12 trillion euros.
Entry into the crypto market would cause a growth in the prices of major cryptocurrencies since it would become one of the largest funds exposed to cryptocurrencies.
China and the EU are two of the largest economic markets, how can you prepare to take advantage of the entry of these two giants into the crypto world?
A good way is to accumulate through a recurring buying strategy, using the Dollar Cost Average (DCA) strategy, which allows you to buy fixed amounts periodically, avoiding volatility and achieving a better average price.
The Solana Ecosystem More Alive Than Ever
Solana’s capabilities such as its speed, modularity, and lower transactions have made it one of the favorites among developers.
Solana projects like memecoins (WIF, BONK, or BOME), decentralized markets like Raydium (RAY), and AI projects like Chainlink (LINK) or The Graph (GRT), are experiencing an excellent moment, both in activity and in the price of their tokens.
At Bit2Me, we have “Collections,” bags of tokens grouped by themes that allow you to buy several coins in a single click.
With them, you access your favorite cryptos more easily and don’t waste time checking the prices of coins one by one.
For example, by purchasing the “Solana Ecosystem” collection, you get tokens like GRT, LINK, WIF, BONK, BOME, HNT, and more in a single click.