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).
$44M in BTC Moved from Address Inactive for 10 Years
Yesterday in the morning, a Bitcoin wallet that had been inactive for over a decade made a transfer, moved its entire balance of 687.33 BTC, worth more than $44 million.
BTC-e Operator Pleads Guilty to Money Laundering
On Friday, the US Department of Justice announced that Alexander Vinnik, one of the operators of the former BTC-e crypto exchange, had pleaded guilty to conspiring to commit money laundering.
SEC Puts Off Decision on 7RCC’s Spot Bitcoin ETF
The Securities and Exchange Commission in the United States has extended its review timeline for NYSE Arca’s application to list a carbon-neutral spot Bitcoin exchange-traded fund (ETF) offered by 7RCC.
