BlockFi is Ceasing its Operations
BlockFi has announced that it will be closing its web platform by May 2024 and will be working with major cryptocurrency exchange Coinbase to assist clients with fund withdrawals.
Bitcoin Mining Difficulty Falls by Almost 6%
On Thursday, Bitcoin mining difficulty fell to 83.1 trillion, a decrease of 5.7%, making it the biggest negative adjustment in almost 18 months.
Marathon Digital Mined 2,811 Bitcoins in Q1 2024
In the first quarter of this year, Marathon Digital reported that it mined 2,811 Bitcoin, which is equivalent to $176 million based on current prices, as stated in their earnings report.
Tom Lee Confirms Forecast of Bitcoin Hitting $150,000 in 2024
Tom Lee, who co-founded the analytical firm Fundstrat, has restated his prediction on CNBC that the first cryptocurrency will reach $150,000 by the end of 2024.
Indonesia’s Regulator Establishes a Crypto Committee
Indonesia’s Commodity Futures Trading Authority (Bappebti) has formed a committee specifically for overseeing cryptocurrency operations and ensuring compliance.
Robinhood Reports Q1 Crypto Trading Volume Rose 224%
Robinhood CEO Vladimir Tenev has announced a 224% increase in crypto trading volumes to $36 billion for the quarter.
Revolut Rolls Out a Crypto Exchange for British Users
Revolut, a fintech company and global neobank, has expanded its services into the cryptocurrency world with the launch of Revolut X for retail customers in the UK.
