As Crypto Interest Winds Down Bitcoin’s Daily Transaction Rate Plummets to Two-Year Lows

Onchain data indicates that bitcoin transactions per day have plummeted to lows not seen since October 2018. Further, bitcoin transaction fees have dropped 93% after touching a high of $62 per transaction in April 2021. Bitcoin Daily Transaction Rate Dips by 35%, Google Trends Data Shows Interest Has Dropped Since May While bitcoin (BTC) prices […]

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Close to 11 Million BTC Haven’t Moved in Over a Year

Close to 11 Million BTC Haven't Moved in Over a YearAccording to a new research report published by Digital Asset Data, more than 10 million BTC has been sitting dormant for a whole year. Data shows that unmoved bitcoins account for roughly 59% of the current minted supply and it’s the largest number of dormant coins since the start of 2017. Also Read: Mining Report […]

The post Close to 11 Million BTC Haven’t Moved in Over a Year appeared first on Bitcoin News.

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Stress Test & Big Blocks: BCH Network Confirms 2M Transactions in 24-Hours

Stress Test & Big Blocks: BCH Network Confirms 2M Transactions in 24-HoursOn September 1, 2018, the Bitcoin Cash (BCH) network was put to the test as BCH proponents flooded the mempool with millions of transactions over the last day. According to statistics during the last 24-hours, BCH miners have processed over 2 million transactions so far and the Stress Test Day is still not over. Also […]

The post Stress Test & Big Blocks: BCH Network Confirms 2M Transactions in 24-Hours appeared first on Bitcoin News.

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