Whales of Ethereum (ETH) have started buying in bulk, with huge wallet holders amassing sizable holdings of the cryptocurrency. This action is a reaction to the recent decrease that most cryptocurrencies had over the weekend, including ETH.
Read MoreAccording to CoinDesk Indices data, several Hong Kong issuers have announced that they have been licensed for spot cryptocurrency exchange-traded funds (ETFs). As a result, Bitcoin (BTC) has increased 2.8% in the last 24 hours, trading above $66,500, and ether (ETH) has climbed to $3,240.
Read MoreA trading frenzy is set off by the U.S. approval of spot Bitcoin ETFs, which prepares the ground for Asia's growing institutional interest.
Read MoreOn April 15, the securities regulator for Hong Kong plans to approve the first set of Spot Bitcoin ETFs.
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