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Government of Bhutan Holds $828M in Bitcoin, Arkham Data Shows
Over a Dozen 11-Year-Old Bitcoin Wallets Awaken, Transferring Millions
[Aug 10 3:30 PM] In recent days, as bitcoin edged past the $60,000 mark after dipping below $50,000 on Monday, Aug. 5, a couple of intriguing dormant bitcoin transfers have surfaced from wallets established in 2013. The first case involved an individual who moved…
76 Sleeping Bitcoin Wallets Activated in July, Unlocking $424M
[Aug 1 12:10 PM] Throughout July, bitcoin has climbed 2.5% against the U.S. dollar, despite a midweek dip to $64,350 per coin. This month has been marked by notable events, including movements by Mt Gox and the U.S. government transferring billions. Additionally…
Bitcoin Runes protocol sees sharp decline in popularity
[Jul 18 4:54 AM] The Bitcoin Runes protocol initially dominated daily transactions post-launch but is now seeing a decline, with BTC reclaiming its network dominance.
Germany’s BTC Wallet Sees Inflows, Mt Gox Moves Billions, US Gov Transfers $13.6M Unnoticed
[Jul 5 7:15 AM] Approximately 14 hours ago, the German government sold roughly $175 million worth of bitcoin, reducing its holdings to about 40,359 BTC. However, recent activity has increased the total back to 41,226 BTC. German Bitcoin Divestment Followed by…
Dormant Bitcoin Wallets From 2010-2017 Transfer $294M in June
[Jul 2 7:35 AM] Long-time bitcoin holders moved a total of 4,681.438 BTC, worth $294 million, from dormant wallets dating from 2010 to 2017. The most significant activity was from addresses created in 2016, with 2,442.302 BTC exchanged across 14 transactions…
Bolivia lifts ban on Bitcoin, authorizes crypto transactions via banks
[Jun 28 3:28 AM] The change in regulatory stance marks the end of a ban on crypto use in the country that began in 2014.
IntoTheBlock Reveals Fact About Current Bitcoin Situation Analysts Are Puzzled By
[Jun 19 11:00 PM] The market intelligence platform IntoTheBlock has discussed the bearish situation Bitcoin has been facing that has got many puzzled. Bitcoin Adoption Has Slowed Down To Multi-Year Lows Recently Bitcoin had a great first quarter in 2024, fueled by…
Over 200 BTC From 2013 and 2012 Wallets Awaken, Now Valued at Over $14M
[Jun 10 1:31 PM] Over the past weekend, 211.51 dormant bitcoins valued at $14.79 million were reactivated after over a decade of inactivity. More than half of these funds originated from bitcoin wallets that had been inactive since 2012. Vintage Bitcoin Wallets…
Sleeping Bitcoins Worth $13.87M Move After 11 Years, Transfer Exposes 2013 Whale
[Jun 3 3:20 PM] According to data from June 3, an entity with eight wallets created in 2013 moved 200 BTC valued at $13.87 million after the funds remained untouched for over 11 years. If sold today, the value of these bitcoins has increased by 197,785% since…
Bitcoin transaction value hits yearly high with $25B moved
[Jun 3 3:22 AM] Bitcoin holders moved over 367,000 BTC on May 18, worth over $25 billion, recording a yearly high in the value of Bitcoin transactions.
Uniswap ready to fight for DeFi against SEC, Bitcoin Runes hype fades: Finance Redefined
[May 24 1:25 PM] Transactions attributed to the Runes protocol accounted for over 50% of all Bitcoin transactions between April 20 and 24; however, by May 2, this figure had dropped to 11.1%.
Bitcoin Runes hype fades, transactions plummet 84%
[May 23 1:55 AM] Bitcoin Runes protocol caused an initial surge in Bitcoin transactions, exceeding 50% at its peak. Did the hype clog clear out?
32 Vintage ‘Sleeping Bitcoin’ Wallets Spring to Life in May, Surpassing April’s Activity
[May 14 7:41 AM] Following the awakening of numerous dormant bitcoins in March, April was rather uneventful, with just 72 transfers from idle wallets dating between 2010 and 2017. To date, May has seen 32 transfers from vintage wallets, moving about 1,181 more…
The Halving Effect: Bitcoin Hashrate Decreases as Miners Prepare for Probable Difficulty Drop
[May 5 10:11 AM] Just over two weeks have passed since the fourth Bitcoin halving took place. During this period, the network’s hashprice dropped from over $100 per petahash to below $45 at the beginning of May. It has since increased to $50 per petahash…
Financial Squeeze Tightens for Bitcoin Miners as Earnings Continue to Fall
[Apr 28 7:17 AM] On Friday, Bitcoin’s hashprice was $56.95 per petahash per second (PH/s), but by Sunday, it had dropped to $51.66 per petahash. Over the last 100 blocks, bitcoin miners averaged about 3.55 BTC for each block they mined, indicating that…
Despite Runes’ Transaction Dominance, Bitcoin Miners See Continued Revenue Drop
[Apr 25 7:43 AM] According to recent data, transactions linked to the Runes protocol have been notably high in block utilization since its implementation on April 19. Figures from April 23 show that transactions involving Runes accounted for 81% of block usage on…
Runes make up 68% of all Bitcoin transactions since launch
[Apr 24 11:44 PM] Runes continues to make up the vast majority of Bitcoin transactions, however the fees earned by Bitcoin miners from Runes has slightly tailed off since the record-setting halving day.
Study: Only 6% of Crypto Exchanges Integrated the Lightning Network
New Year’s Eve Sees Bitcoin Network Break Daily Transfer Record With Over 731,000 Transactions
[Jan 1 12:30 PM] As 2023 drew to a close on New Year’s Eve, the Bitcoin network eclipsed yet another record by verifying a significant 731,351 transactions in a single day. This achievement outstripped the previous high set on Dec. 24, 2023, or Christmas Eve…
Bitcoin Breaks Records: Christmas Eve Sees Lifetime Surge in Daily Transactions and Hashrate
[Dec 25, 2023 1:30 PM] On Dec. 24, 2023, Bitcoin shattered yet another daily transaction milestone, with miners confirming 723,459 transfers in a single day. The transaction rate on Christmas Eve exceeded the former peak of 710,579 verifications on Nov. 19, 2023…
Bitcoin Hits Second-Highest Transaction Day Amid Price Surge, Record Influx of Ordinal Inscriptions
[Dec 4, 2023 3:30 PM] Bitcoin marked its second most active day for transactions on December 3, 2023, as the cryptocurrency’s value soared past the $40K mark. This surge in activity comes closely after the record-setting day of November 19, 2023, when bitcoin…
Bitcoin Achieves Lifetime Record With Over 710,000 Daily Transactions Confirmed on Sunday
[Nov 20, 2023 4:30 PM] On Sunday, November 19, 2023, Bitcoin achieved a historic milestone, registering the highest number of daily transactions ever confirmed within a 24-hour span. A significant 710,579 transfers were confirmed by miners that day, including a…
Bitcoin Hits 40 Million Inscriptions Milestone and Second-Highest Day of Confirmed Transactions
[Nov 14, 2023 5:00 AM] Data reveals a milestone in the Bitcoin blockchain, with a tally of 40 million Ordinal inscriptions etched into its ledger. Inscription records were shattered on November 12, 2023, when a daily peak saw 505,345 inscriptions created in a single day…
Bitcoin Fees Soar Nearly 1,000% Since August as Ordinals Are Back in Vogue
[Nov 8, 2023 12:10 PM] Higher fees are also boosting bottom lines for the industry's beleaguered miners, 21Shares noted.
Bitcoin’s Ordinal Inscriptions Surge to Second-Highest Daily Count, Causing BTC Transaction Spike
[Nov 5, 2023 1:30 PM] As September 2023 waned, there was a noticeable dip in the creation of Ordinal inscriptions, but as the month of October closed, a significant rebound occurred. This upward trend peaked on November 4, 2023, when the Bitcoin blockchain recorded the…
Bitcoin’s Daily Transactions See Sharp 46% Decline Since Mid-September
[Oct 22, 2023 9:30 AM] Over the past 37 days, since September 15, 2023, the number of daily bitcoin transactions has dropped considerably, with the trend of Ordinal inscriptions experiencing a significant slowdown. In the first two weeks of September, the average number…
Bitcoin Shatters Records With Over 703,000 Transactions Confirmed in a Single Day as Ordinal Inscriptions Soar
[Sep 19, 2023 10:00 AM] The count of Bitcoin ordinal inscriptions is on an upward trajectory, with the tally now eclipsing a staggering 33 million. Additionally, a milestone was achieved on September 15, 2023, when the Bitcoin blockchain set a new record by registering an…