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Bitcoin Network Activity Plunges to One-Year Low, Cryptoquant Reports
6.2.2025
Bitcoin’s network activity has dropped to its lowest level in a year, according to Cryptoquant and its researchers, marking a significant decline from previous highs. Bitcoin Transactions and Fees Plummet Cryptoquant‘s Bitcoin Network Activity Index, a key metric tracking transactions...
Crypto startup launches tokenized US Treasury bonds on Bitcoin layer-2s
4.7.2024
The new tokenized assets offer the stability of the Bitcoin network with admirable yield
Bitcoin L2s set to explode as Runes congest BTC network
1.5.2024
High transaction fees and network congestion from the Runes protocol are increasing demand for Bitcoin layer-2 solutions
Doom’s Unconventional Journey: Now on Bitcoin, Dogecoin, and Gut Bacteria
1.2.2024
The iconic first-person shooter game Doom has surpassed traditional platforms and made it onto blockchain networks like Bitcoin and Dogecoin. Using protocols like Ordinals, enthusiasts have inscribed simplified versions of Doom on the Bitcoin (BTC) network. Ordinals refer to a relatively recent...
Bitcoin Blockchain Sets New Record: December 2023 NFT Sales Surpass $881 Million for First Time Ever
1.1.2024
Source: Adobe/James Thew Sales of NFTs on the Bitcoin (BTC) network reached a new milestone in December 2023, surpassing $881 million for the first time ever. According data by CryptoSlam, NFT sales on the Bitcoin chain reached $881,223,753.92 last month, setting the highest single-month sales...
Bitcoin Hashrate Hits New All-Time High, Exacerbating Profitability Challenges for Miners
26.12.2023
Source: AdobeStock / Photocreo Bednarek The hashrate of the Bitcoin (BTC) network has reached a new all-time high, putting additional pressure on miners who are already grappling with a slump in profitability. According to data from Blockchain.com and Bitinfocharts, Bitcoin’s hashrate soared...
ZKSpace Unveils Major Development: Expansion into BRC20 and Initial Plan for 2.0 Tokenomics Trilogy
29.11.2023
PRESS RELEASE. ZKSpace has recently announced two significant developments: its expansion into the BRC20 ecosystem and the unveiling of its Tokenomics 2.0 Trilogy. Expansion into the BRC20 Ecosystem: Background: Following the BTC network’s Taproot upgrade, the BRC20 ecosystem has gained...
Binance to Perform Wallet Maintenance, Announces Temporary Suspension on Bitcoin Withdrawals
2.11.2023
Crypto exchange behemoth Binance is set to conduct wallet maintenance for the Bitcoin (BTC) network on Friday. According to a company update, the exchange will temporarily suspend BTC withdrawals on Nov. 3 until the maintenance is complete. The wallet maintenance is expected to take about...
Bitcoin Transaction Backlog Shrinks, but Over 289,000 Still Await Confirmation
20.5.2023
Although Bitcoin’s network transaction fees have decreased and a portion of the unconfirmed transfer backlog has diminished, the protocol still grapples with over 289,000 transactions awaiting confirmation. As of this writing, more than 218 blocks must be processed to fully alleviate this...
Musk on ‘Massive Incentive’ to Get Money Out of Banks, Dave Ramsey Dismisses De-Dollarization Fears, BTC Network Congestion Eases, and More — Week in Review
14.5.2023
Twitter CEO Elon Musk has shared what he calls a “massive incentive” to get money out of bank accounts, noting “bank depositor flight will accelerate to extreme levels, even for banks that are ‘too big to fail.’” Personal finance coach and author Dave Ramsey, for his part, thinks...
'Bitcoin is not under attack:' BTC maxis allay fears of a DoS offensive
8.5.2023
Concerns circulated on Crypto Twitter of a denial of service (DoS) attack on the Bitcoin network
Bitcoin Difficulty Surges 4.68%, Taps New All-Time High; Metric Set to Surpass 40 Trillion
29.1.2023
The Bitcoin blockchain recorded another difficulty increase on Sunday, Jan. 29, 2023, at block height 774,144. The network’s difficulty increased by 4.68%, from 37.59 trillion to an all-time high of 39.35 trillion. Bitcoin Difficulty Reaches New All-Time High as Mining Gets Tougher...
Bitcoin Difficulty Set to Rise 3.82% to All-Time High of 39 Trillion Following Recent Increase
27.1.2023
The Bitcoin network is set to record another meaningful difficulty increase on Sunday, Jan. 29, 2023, as current estimates expect it to rise 3.82% higher. The change follows the last difficulty retarget, which advanced by 10.26% to the current all-time high of 37.59 trillion. Block Time Breakdown:...
Bitcoin’s Mining Difficulty Jumps 3.44% Higher Reaching Another Lifetime High
24.10.2022
Bitcoin recorded another mining difficulty rise on Sunday, October 23, 2022, at block height 760,032 rising 3.44% higher. This means that not only is it 3.44% harder to find a bitcoin block subsidy, the network’s mining difficulty has also reached another all-time high (ATH) by tapping 36.84...
Bitcoin’s Hashrate Remains Stronger Than Ever in the Face of Crypto Winter Prices and Sky High Difficulty
22.10.2022
Despite the fact that bitcoin miners are getting bare minimums in profits per petahash per second (PH/s), and the myriad of headlines showing specific mining operations folding from the crypto winter, the network’s total hashrate continues to chug along at close to 300 exahash per second...
Bitcoin Added to the Guinness Book of World Records as the ‘First Decentralized Cryptocurrency’
18.10.2022
Since 1955 Guinness World Records (GWR) has published a reference book annually that covers world records from extreme natural events to human achievements. This year, Bitcoin has entered the fray as the world’s first and most valuable cryptocurrency network as GWR has added the subject...
Bitcoin’s Mining Difficulty Slides 5% Dropping to Levels Not Seen Since March
22.7.2022
On July 21, 2022, at 2:14 p.m. (ET) at block height 745,920, Bitcoin’s mining difficulty dropped by 5.01% outpacing the last two epoch changes. The latest downward shift makes it 5% easier to find blocks than it was during the past two weeks, and roughly 8.77% easier since June...
Bitcoin Miners May Get Another Break This Week as Network’s Mining Difficulty Is Expected to Drop
7.6.2022
Bitcoin miners may catch another break this week as the network’s mining difficulty is estimated to see a reduction tomorrow. Every two weeks Bitcoin’s difficulty adjustment algorithm (DAA) changes, and during the last DAA change, the difficulty dipped by 4.33%. Currently, at...
Bitcoin Mining Difficulty Drops 4.33%, Biggest Reduction in 10 Months
26.5.2022
It’s now 4.33% easier to mine bitcoin over the next two weeks as the difficulty adjustment algorithm (DAA) dropped from 31.25 trillion to today’s 29.85 trillion. It’s the largest DAA drop since July 17, 2021, when the difficulty dropped 4.81% at block height 691,488. Bitcoin...
Bitcoin Miners Expected to Catch a Break in 2 Days, Mining Difficulty Estimated to Drop Close to 4%
23.5.2022
While Bitcoin’s hashrate has remained above the 200 exahash per second (EH/s) mark, over the last two weeks the network’s mining difficulty has been at an all-time high (ATH) at 31.25 trillion. However, after 289 blocks are mined or roughly two days from now, Bitcoin’s mining...