Ethereumโs network has seen notable growth recently in both daily active users and daily transaction volume, yet the price of ETH, Ethereumโs native cryptocurrency, has undergone corrections in the past few days. Notably, Ethereum is down by over 10% in the past seven days, underperforming Bitcoin and the S&P 500. While this decline can be felt through the majority of large cryptocurrencies in the industry, the number of daily active Ethereum addresses has been steadily rising over the past month.
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In March, bitcoin miners amassed an unprecedented level of revenue not seen in the previous 12 months, hitting a high of $2.01 billion from rewards and transfer fees. Of this total, $85.81 million was earned from transaction fees over the past month.
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๐คฟ An immersion-cooled #Bitcoin mining farm in Georgia, US โก๏ธ
๐ช๐บ European Banking Giant Embraces BlackRockโs ๐ฐ Bitcoin ETF
BNP Paribas, the second largest bank in Europe, took a major step in the digital asset market by buying BlackRockโs Spot Bitcoin ETF shares. According to a recent 13F filing with the U.S. Securities and Exchange Commission (SEC), BNP Paribas bought 1,030 IBIT shares of BlackRock during the first quarter of 2024. Furthermore, the multinational bank spent over $40.47 per share, totaling $41,684 for the acquisition. This amount is lower than the price of a single bitcoin, which is currently trading at over $58,000.
BNP Paribas, the second largest bank in Europe, took a major step in the digital asset market by buying BlackRockโs Spot Bitcoin ETF shares. According to a recent 13F filing with the U.S. Securities and Exchange Commission (SEC), BNP Paribas bought 1,030 IBIT shares of BlackRock during the first quarter of 2024. Furthermore, the multinational bank spent over $40.47 per share, totaling $41,684 for the acquisition. This amount is lower than the price of a single bitcoin, which is currently trading at over $58,000.
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๐ After 78 days of consecutive outflows,
GBTC #Bitcoin ETF had an inflow of $63 million last Fridayโ๏ธ
Tides are turning. Get ready boys ๐
GBTC #Bitcoin ETF had an inflow of $63 million last Fridayโ๏ธ
Tides are turning. Get ready boys ๐
JUST IN: ๐ Jack Dorsey predicts at least $1 million #Bitcoin price by 2030 ๐
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๐ธ๐ป Since September 2021, El Salvador has mined 474 BTC ($29 million) using geothermal energy generated by the Tecapa volcano.
JUST IN: ๐บ๐ธ Donald Trump now officially accepts #Bitcoin for campaign donations ๐
NEW: ๐จ๐ญ Zurich University of Applied Sciences is introducing Europeโs first masterโs program dedicated solely to #Bitcoin ๐
The โCAS in Bitcoin Economy HWZ,โ is a comprehensive course catered to students in the financial sector.
The โCAS in Bitcoin Economy HWZ,โ is a comprehensive course catered to students in the financial sector.
JUST IN: ๐บ๐ธ Eight US Congressmen and one Senator urge President Biden to not veto bill that would allow highly regulated financial firms to custody #Bitcoin and crypto ๐