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Bitcoin Breaks Records: Christmas Eve Sees Lifetime Surge in Daily Transactions and Hashrate
25.12.2023
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’s Festive Feat — Record Transactions...
Circle Informs Clients of IRS Inquiry Into $20K Annual Transactions
21.12.2023
Numerous advocates of digital currencies report that Circle Internet Financial has been reaching out to its clients about a summons received from the Internal Revenue Service (IRS). Circle has stated that it is obliged to submit records concerning U.S. taxpayers who have engaged in transactions...
Bitcoin’s Hashrate Hits Historic 527 EH/s Lifetime Peak, Shattering Previous Records
20.12.2023
Recent data, analyzing the seven-day average of Bitcoin’s hashrate, reveals yet another lifetime peak in the network’s performance. On Dec. 20, 2023, Bitcoin’s hashrate climbed to an unprecedented high. The seven-day simple moving average (SMA) indicates that the hashrate...
Bitcoin Blockchain Surpasses Half-Terabyte Amid Soaring Transactions and Increased Block Capacity
20.12.2023
Although bitcoin’s price hasn’t eclipsed its historic peak, this year the network has shattered multiple records. These include reaching the highest level of difficulty, achieving an all-time high in total hashrate, and setting a new record for daily confirmed transactions. In 2023...
Value of Stablecoins on Ethereum Sees 34% Decline, Tron Records 57.7% Growth since 2022
19.12.2023
Source: iQoncept / Adobe The value of stablecoins on Ethereum (ETH) has experienced a decline of 34% since 2022, while stablecoins on TRON (TRX) have seen a significant growth rate of 57.7% during the same period. According to a recent report from Sixdegree Lab, the supply of stablecoins...
BSC records the highest number of transactions processed
12.12.2023
BNB Smart Chain, largely identified as BSC, processed 32 million transactions. This has set a new record not just for the BNB Smart Chain but also for the industry. It has been defined as a benchmark in terms of processing the best daily transactions. The figure is way more than its previous...
Crypto Exchange Bitget Records 20% Surge in New Users with 89% Buying Bitcoin in December
12.12.2023
Source: Pexels In the opening week of December, crypto exchange Bitget witnessed a significant surge in new user registrations, surpassing the entire count for December of the previous year by 20%. In a press release shared with CryptoNews, the crypto exchange revealed that 89% of these new users...
Institutional Investors Maintain Buying Momentum as Crypto Funds Record $43 Million Inflows
11.12.2023
Source: Adobe / Luisa Institutional investors tighten their grip on cryptocurrency funds as the market records $43 million inflows in the last seven days marking an 11th consecutive week in the green zone. A recent CoinShares Digital Asset Fund Flows report shows a sustained bullish sentiment...
The GTA 6 Trailer Is Already Breaking World Records
5.12.2023
The first trailer for Rockstar’s massive open-world sequel, Grant Theft Auto VI, has already surpassed 85 million views and become the publisher’s second-biggest video on YouTube in record time, less than 24 hours after its debut.Read more
BNB Records Uptick Following Reports of Potential $4 Billion Settlement With the DOJ
21.11.2023
Source: AdobeStock / akif BNB has surged over 7% in the last 24 hours after reports of Binance being involved in a potential $4 billion settlement with the United States Department of Justice (DOJ). The recent rise in the Binance-based token marks its highest point since June after the price moved...
Futu Holdings Subsidiary PantherTrade Seeks Crypto Trading Platform License in Hong Kong
17.11.2023
Source: Pixabay So far six companies, including Panthertrade (Hong Kong) Limited, a subsidiary of Futu Holdings (US: FUTU),have filed for a virtual asset trading platform license in Hong Kong. PantherTrade recently submitted its application, unveiling plans for a platform named...
Spate of Robberies Targeting Swedish Bitcoiners Linked to the Country’s Unfit Privacy Laws
15.11.2023
A bitcoin-owning Swedish couple was recently the latest victim of robbers that appear to target prominent bitcoin and crypto personalities. One social media user said the spate of robberies may be linked to Sweden’s antiquated privacy laws which make it easy for criminals to obtain...
Polygon Network Records Robust User Activity Amid Broader Crypto Market Weakness in Q3 2023: Report
14.11.2023
Source: AdobeStock / Mahoa Creative In a recent report by the blockchain data analytics platform Nansen, the Polygon network showcased remarkable resilience and robust user activity during the third quarter of 2023, defying the broader weakness observed in the crypto markets. The report emphasizes...
Bitcoin Hits 40 Million Inscriptions Milestone and Second-Highest Day of Confirmed Transactions
14.11.2023
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. This burst of activity propelled Bitcoin to...
FBI Dives Into FTX Customer Records — Field Offices Issue Subpoenas to Bankruptcy Consultants
4.11.2023
Reports indicate that the U.S. Federal Bureau of Investigation (FBI) has received data on FTX clients from the advisors of the now-insolvent firm. These consultants have complied with a minimum of five inquiries issued by the bureau’s local offices across various states. FTX Implosion Leads...
Bitcoin Network Shatters Records With Hashrate Climbing to 464 EH/s
1.11.2023
While the price of Bitcoin has found stability, and the network’s difficulty remains fixed at 62.46 trillion until November 12, 2023, a different story unfolds in the hashrate department. Here, the seven-day average showcases a record-breaking moment for the network on November 1....
Interest in Bitcoin Soars: Wikipedia Page Records Highest Views in Months
31.10.2023
Online traffic to Bitcoin’s Wikipedia page surged last week, signaling rising public interest in the asset as its price soared to a new yearly high. On October 24, the page registered nearly 13,500 visits – the highest daily count since Bitcoin’s price plummeted below $20,000...
Ripple Records 3 Million NFTs Minted on Its XRP Ledger – Adoption on the Rise?
30.10.2023
The XRP Ledger has successfully minted 3 million NFTs using the XLS-20 standard. This marks a significant feat in the NFT landscape. $XRP Ledger Smashes Big Milestone. #CryptoNews via @coinjupiter — Coin Jupiter (@coinjupiter) October 30, 2023 Based on data from Bithomp, a total of 3,357,404...
Binance Labs Investment in SocialFi CyberConnect Propels Token Over 30%
26.10.2023
Web3 social platform, CyberConnect, records a soaring 31.2% growth in the last 24 hours after Binance Labs announced an investment into the firm. The venture capital division of the largest cryptocurrency exchange by volume, Binance Labs revealed on X (Twitter) that it made a follow-on investment...
Unraveling the Online Legacy of Satoshi Nakamoto: Bitcoin’s Mysterious Creator
19.10.2023
The mysterious Satoshi Nakamoto appeared online nearly 600 times through emails and forum posts. Records of Nakamoto’s writings indicate he was most active in July and August. While Nakamoto covered many topics, Bitcoin’s inventor was notably visible when sharing new release...