China News Daily TheBitTimes.com

Key takeaways BlackRock’s spot Bitcoin ETF achieved a trading volume of $1.3 billion for the second consecutive day. BTC touched $57k as Bitbot’s presale approaches $750k BlackRock’s IBIT trading volume soars higher Bitcoin has been performing excellently since the start of the week, thanks to BlackRock’s IBIT and other spot Bitcoin ETFs.  BlackRock’s IBIT record ed a trading volume of $1.3 billion for the second consecutive day. The ETF record ed a trading volume of $1.35 billion on Tuesday, surpassing the $1.3 billion reported on Monday.  The positive performance also means that BlackRock’s IBIT was the fifth most traded among all U.S.-listed ETFs during the morning hours. The record numbers from spot Bitcoin ETF s continue to show an increasing appetite for Bitcoin by institutional investors. The rising trading volume could also spill into the crypto market and this is where projects like Bitbot co...

With a new quarterly production record, Marathon Digital is now on track to meet its mid-year target of 23 exahashes. Bitcoin (BTC) Mining firm Marathon Digital reported a quarter ly record of 2,195 BTC mined over the first quarter of 2023, currently worth around $62 million. Marathon explained in an April 3 update that the 2,195 mined BTC is a 74% increase from the first quarter of last year and a 41% increase from Q4 2022. It comes on the back of the miner increasing its operational Hash Rate by 195% from Q1 2022. Marathon also recorded a monthly record of 825 BTC mined in March — currently valued at around $23.3 million — and marked a 21% production increase from February. $MARA's March Production Update is here: - Increased #Bitcoin Production 21% MoM - Produced a Record 825 BTC in March ’23 - Produced a Record 2,195 BTC in Q1 ’23 - Increased Hash Rate 64% in Q1 ’23 (11.5 EH/s) - Reported Unrestricted Cash and Cash Equiv. of $124.9M - Increased… pic.twitter.com/Jc1ACI2kY2 —...