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Following the recent Bitcoin halving event, investors are eagerly anticipating the potential effects on the cryptocurrency market. While short-term volatility is expected, long-term prospects suggest that scarcity could drive prices upward.

JP Morgan CEO Jamie Dimon reignites the Bitcoin debate, labeling it a "Ponzi scheme" and prompting serious reflections on the bank's ethical and legal stance. This controversy, especially given JP Morgan's role in the BlackRock Spot Bitcoin ETF, highlights the intricate balance between traditional finance and the evolving world of cryptocurrency.

Institutional investors' significant capital inflows into Bitcoin and other digital assets have played a pivotal role in driving the recent bull market in cryptocurrencies. With their active participation, the crypto market faces the possibility of a Bitcoin supply shock, impacting its availability and market dynamics.

As the Bitcoin Halving draws near, analysts' optimistic forecasts clash with the current market reality of a Bitcoin slump. Investors are left questioning whether historical patterns will hold true or if unforeseen factors will derail the anticipated post-halving rally.

Hong Kong has conditionally approved the launch of Bitcoin and Ethereum ETFs, marking a significant milestone for cryptocurrency investment in Asia. This groundbreaking move underscores the city's ambition to become a leading global digital asset hub.