🇪🇺 European Banking Giant Embraces BlackRock’s 💰 Bitcoin ETF BNP Paribas, the second largest bank in Europe, took a major step in the digital asset market by buying BlackRock’s Spot Bitcoin ETF shares. According to a recent 13F filing with the U.S. Securities and Exchange Commission (SEC), BNP Paribas bought 1,030 IBIT shares of BlackRock during the first quarter of 2024. Furthermore, the multinational bank spent over $40.47 per share, totaling $41,684 for the acquisition. This amount is lower than the price of a single bitcoin, which is currently trading at over $58,000. Source #CryptoWorl

The 4th #Bitcoin    Halving is now complete, reducing the reward for mining a block from 6.25 Bitcoins to 3.125. The Halving Cycles Theory says that the first halving was the most important, on November 28th, 2012. Bitcoin has since operated in a very strict pattern around the date. This is the first halving that price has visited ATHs. What we usually see after the halving takes place is a small period of stagnation followed by the majority of the rally into the cycle top. But with price being at ATHs, the cycle may have been shortened to form a cycle top at the end of this year instead o

#BTCUSDT 2H CHART