El Salvador Mines 474 BTC in 3 Years
Since 2021, El Salvador has produced 473.5 BTC, valued at approximately $29 million, through a state-owned geothermal power plant utilizing volcanic energy, according to Reuters.
Hong Kong’s Bitcoin ETFs Experience 2nd Daily Net Outflows
Hong Kong’s spot Bitcoin exchange-traded funds (ETFs) experienced their second consecutive day of net outflows on Thursday.
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.
Standard Chartered: Bitcoin Market is Improving
Standard Chartered Bank has revised its short-term prediction for Bitcoin, anticipating a bounce back from a recent low of $56,500.
AUM of Spot Bitcoin ETFs Hit $230M in First Week of Trading in Hong Kong
After just one week, Hong Kong’s spot Bitcoin ETFs have collected $230 million in assets under management (AUM).
