Number of New Bitcoin Addresses Falls to Lowest Level Since 2018
The rate of new Bitcoin address registrations on the network has dropped to its lowest point since 2018.
The rate of new Bitcoin address registrations on the network has dropped to its lowest point since 2018.
Chicago Mercantile Exchange (CME), renowned for operating one of the largest futures exchanges in the US, is reportedly planning to introduce spot Bitcoin trading for its clients.
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 spot Bitcoin exchange-traded funds (ETFs) experienced their second consecutive day of net outflows on Thursday.
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.
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, 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.

"A purely peer-to-peer version of electronic cash would allow online
payments to be sent directly from one party to another without going through a
financial institution." - Satoshi Nakamoto (Bitcoin White Paper)
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