The German Government Transfers 1,500 Bitcoin While Analysts Are Bullishly Eyeing New Highs

According to on-chain data from Lookonchain, the German government has recently moved 1,500 BTC (worth approximately $94.7 million) within the past 20 minutes. Out of this total, 400 BTC (around $25.3 million) has been funneled to prominent cryptocurrency exchanges such as Bitstamp, Coinbase, and Kraken. This maneuver by the German government, a notable holder in […]

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Bitcoin Network Tops 1 Billion In Total Transactions Processed

The Bitcoin network hits a major milestone, processing its 1 billionth transaction just 15 years after launch, proving Bitcoin's resilience and capacity to efficiently facilitate transactions at scale.

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Bitcoin Miners Face Adapt or Perish Scenario as Halving Approaches in Under 60 Days

Data indicates that we’re 96% through the journey to the next Bitcoin halving event, with under two months remaining until the reward for mining a block is reduced from 6.25 to 3.125 bitcoins. Although it’s still premature to pinpoint the precise date—given the average ten-minute interval between blocks—the event is anticipated to take place in [...]

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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 [...]

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