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RGB protocol may offer solution to Bitcoin's Ordinals jam, claims proponent
26.5.2023
The founder of Digital Bitcoin Art and Assets (DIBA) believes smart contracts on Bitcoin could solve the myriad problems created by Ordinals
Bitcoin Makes Progress in Clearing Backlog, but Lightning Network Capacity and Channels Dropped Amid Congestion
14.5.2023
In the past week, the Bitcoin network has made progress in resolving its congestion issues. On May 7, 2023, the number of unconfirmed transactions reached an all-time high of over 500,000 transfers, causing a major backlog. However, as of today, that number has been reduced to 263,406. Currently...
Bitcoin’s High Fees Brought Back Bull Market-Level Mining Revenue, But Not for Long
11.5.2023
The transaction fees debacle might be a short lived revenue bump for the miners but provides a glimpse of the future for the miners
Bitcoin Set New Record of Daily Transactions the Same Day the U.S. Government Quietly Engineered a Bank Buyout
1.5.2023
Bitcoin’s Average and Median-Sized Network Fees Rose 40% Higher in March
31.3.2023
In March 2023, Bitcoin’s average and median-sized fees jumped more than 40% higher after rising 122% in 10 days during the first week of February. The fees have followed the Ordinal inscription trend as more than 662,000 inscriptions reside on the Bitcoin blockchain, and 150 bitcoin worth...
Btcpay Introduces New Coinjoin Plugin for Enhanced Bitcoin Privacy for Merchants
28.2.2023
On Monday, Wasabi Wallet and the open-source bitcoin payment processor Btcpay announced a new plugin for the Btcpay server. The plugin implements Wasabi’s Wabisabi coinjoin coordination protocol, allowing merchants to benefit from privacy enhancement. By activating the newly launched plugin...
Ethereum transactions 338% higher in 2022 but Bitcoin remains most popular
3.1.2023
Total transactions on the Ethereum network outstripped Bitcoin more than four-fold, but Bitcoin was still the most searched cryptocurrency of 2022
Are Bitcoin transactions anonymous and traceable?
3.9.2022
Bitcoin transactions are easily traceable through blockchain explorers but do not directly reveal the identities behind Bitcoin wallet addresses
Why is my Bitcoin transaction unconfirmed?
29.1.2022
When at least three miners do not confirm the Bitcoin transaction, it remains unconfirmed and unconfirmed transactions can be canceled
Report: Illegal Trades Account for Less Than 3% of Total Bitcoin Transactions
23.12.2021
According to a new report, illegal transactions, scams and gambling together make up less than 3% of the volume on the Bitcoin blockchain while exchanges and trading desks account for around 80% of volume. Exchanges Dominate Bitcoin Volumes A new study called “Blockchain Analysis of...
Monster-Sized Bitcoin Whale Transfers: Blockchain Parser Catches Significant Amounts of ‘Cold BTC’ Moved to Active Exchanges
2.12.2021
Two days ago on November 30, the price of bitcoin (BTC) tapped a high that day reaching $59,250 per unit, but it has since dropped close to 5% in value to just above the $56K region. Onchain statistics indicate that whales and long-term holders (LTHs) have been spending over the last month...
Moonshot to $90K — After Bitcoin Upgrade Taproot Activates, Crypto Advocates Expect the Price to Rally
13.11.2021
In mid-June, the ‘Speedy Trial’ lock-in period for the Bitcoin network upgrade Taproot locked in at block height 687,285 and was mined by the bitcoin mining pool Slushpool. Taproot is expected to activate on the network on Saturday, November 13, 2021, and the upgrade is considered...
China’s Crackdown Spurs Massive Onchain Transfers, Cold Wallets Move $3 Billion in Bitcoin and 800K Ether
26.9.2021
Following the latest statements from China’s central bank concerning cryptocurrencies and offshore crypto exchanges, massive amounts of funds have been moving onchain. On September 26, at approximately 1:00 a.m. (UTC) 72,999 BTC or $3.1 billion in bitcoin was dispersed to unknown wallets....
US Congressman Calls for Law Allowing Government to Reverse Cryptocurrency Transactions
1.7.2021
A U.S. congressman has called for a law that allows the government to identify cryptocurrency users and reverse crypto transactions. “There’s a significant sentiment, increasing sentiment, in Congress that if you’re participating in an anonymous crypto transaction that...
Driving ‘purists beserk’: Co-chair of blockchain caucus wants to 'reverse' crypto transactions
30.6.2021
Democratic Representative Bill Foster has called for legal power to identify wallet holders and reverse crypto transactions in instances of criminal behavior such as ransomware attacks
As Crypto Interest Winds Down Bitcoin’s Daily Transaction Rate Plummets to Two-Year Lows
8.6.2021
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...
Enterprise Blockchain Doesn’t Work Because It’s About the Real World
31.3.2021
Recording bitcoin transactions on a blockchain is fundamentally "more accurate" than using a blockchain for, say, birth certificates
India Considers 18% GST on Bitcoin Transactions
29.12.2020
The Indian government is reportedly mulling over imposing an 18% goods and services tax (GST) on bitcoin transactions. According to the Central Economic Intelligence Bureau, the government could gain Rs 7,200 crore annually from this bitcoin taxation. 18% GST on Bitcoin Trades The Central Economic...
Study: Over 13% of All Proceeds of Crimes in Bitcoin Passed Through Privacy Wallets in 2020
10.12.2020
According to a study published by the blockchain analysis firm Elliptic, over 13% of all proceeds of crime in bitcoin (BTC) were laundered via privacy wallets in 2020, up from 2% from the figures posted in 2019. 13% of All Proceeds of Crimes Leveraging BTC Were Laundered Via Privacy Wallets Dr....
Darknet Market Crypto Revenues Hit All-Time Highs in 2020
5.12.2020
A study revealed that darknet markets have astonishing figures so far in 2020, despite the coronavirus pandemic, but the dynamics changed compared to the last year’s numbers. Darknet Vendors Surpassed $800 Million in Revenues Despite Covid Pandemic According to the Chainalysis report, darknet...