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CATEGORY: btc transactions

Bitcoin Network Faces Downturn in Transactions and Fees as Halving Approaches
Author: Crypto Breaking News
United Kingdom
Source: Crypto Breaking News
Feb 19, 2024 05:50

Bitcoin Network Faces Downturn in Transactions and Fees as Halving Approaches

The volume of daily transactions on the Bitcoin network has seen a significant decline since Jan. 28, 2024, with numbers falling from peaks above 600,000 to below 300,000 transactions per day. This downturn is in sync with a decrease in the daily creation of Ordinal inscriptions, overall easing congestion and reducing onchain fees. Network Activity [...]

The post Bitcoin Network Faces Downturn in Transactions and Fees as Halving Approaches appeared first on Crypto Breaking News.

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Bitcoin’s Historic Surge: Record 682,281 Transactions in a Day Mark 2023 as Year of Increased Activity 
Author: Crypto Breaking News
United Kingdom
Source: Crypto Breaking News
Aug 06, 2023 10:30

Bitcoin’s Historic Surge: Record 682,281 Transactions in a Day Mark 2023 as Year of Increased Activity 

In a year marked by historic milestones, the Bitcoin network has recorded its most active period ever, processing the highest number of confirmed transactions per day. The network reached an all-time high on May 1, 2023, with 682,281 transactions. This unprecedented activity began its upward trend in April and has been attributed to the rise [...]

The post Bitcoin’s Historic Surge: Record 682,281 Transactions in a Day Mark 2023 as Year of Increased Activity  appeared first on Crypto Breaking News.

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