Bitcoin's price has recently surged, trading at $65,238 and approaching the $70,000 threshold.

Venture capital funding in the cryptocurrency sector has topped $1 billion for two consecutive months.

Large investors and Bitcoin whales have significantly increased their holdings, with notable acquisitions in April and an overall accumulation of 266,000 BTC since early 2024.

Pension funds are showing interest in Bitcoin ETFs, signaling growing institutional acceptance of cryptocurrencies.

Investment research firm Bernstein predicts Bitcoin could reach $150,000 during the current bull cycle.

Bitcoin's price volatility persists, but underlying fundamentals and events such as the fourth halving and approval of spot Bitcoin ETFs suggest a bullish outlook.

The Bitcoin network celebrated its one billionth transaction, maintaining its influence in the digital currency space.

Spot Bitcoin ETFs in Hong Kong have seen a tepid response compared to U.S. ETFs, hindered by restrictive investor qualifications and high fees.

Regulatory challenges persist in China, with a strict ban on crypto trading and mining, but the potential integration with the 'Stock Connect' program may offer mainland investors a gateway to Bitcoin ETFs.

The future of cryptocurrency trading in China is uncertain, with regulations and geopolitical factors playing key roles.