US Bank and Edmond De Rothschild Holding SA Disclose Bitcoin ETF Investments
According to Foresight News, US Bank revealed on May 8th that its total investment in Bitcoin spot ETFs exceeds $15 million. This includes 87,744 shares of Fidelity's FBTC, valued at approximately $5.4 million, 46,011 shares of Grayscale's GBTC, valued at approximately $2.9 million, and 178,567 shares of BlackRock's IBIT, valued at approximately $7.2 million.
In a separate disclosure on May 9th, Edmond De Rothschild Holding SA announced that its total investment in Bitcoin spot ETFs exceeds $4.2 million. This includes 103,600 shares of BlackRock's IBIT, valued at approximately $4.2 million, and 1,300 shares of GBTC, valued at approximately $82,121.
Bitcoin Mining Difficulty Drops By 5.7% To 83.15 T, Marking An 18-Month Record Decline
According to Foresight News, recent data from BTC.com reveals that Bitcoin mining difficulty has undergone an adjustment at block height 842,688. This adjustment, which took place at 22:51:52 on April 24 (Beijing time), resulted in a 5.7% decrease in mining difficulty to 83.15 T. This marks the largest drop in the past 18 months. The current average network hashrate stands at 575.14 EH/s.
BNB Surpasses 590 USDT with a 0.77% Increase in 24 Hours
On May 05, 2024, 23:02 PM (UTC). According to Binance Market Data, BNB has crossed the 590 USDT benchmark and is now trading at 590 USDT, with a 0.77% increase in 24 hours.