Bitcoin Transactions on the Decline Since June This Year
The level of Bitcoin on-chain activity has declined since June, sliding just as market prices sank from their yearly peak. Transactions also saw a spike in October when BTC touched...
Bitcoin UTXOs per Month Have Increased 100x Since 2011
Bitcoin (BTC) usage statistics over the years have furnished some interesting insights. Coins circulating in transactions have remained stable. But now, the network carries more value...
Can You Cancel Unconfirmed Bitcoin Transactions? Yes, Here’s How
Every confirmed bitcoin transaction is irreversible. But is it possible to cancel unconfirmed bitcoin transactions? Why Bitcoin Transactions Remain Unconfirmed An unconfirmed bitcoin...
Bitcoin is Now Moving 11% Of Venmo’s Yearly Total in One Day
Bitcoin scaling solutions may be getting huge publicity in 2019, but the amount of money the network processes daily could already cause headaches for competitors. Bitcoin Usage...
Bitcoin Passes a Milestone 400 Million Transactions
Bitcoin price may have surged and held above $5000, but the Bitcoin network has passed milestones of its own this week – one involving a much higher number. 400 Million Quietly...
SegWit Now Comprises Almost Half of All Bitcoin Transactions
The overall percentage of Bitcoin transactions using Segregated Witness (SegWit) technology has climbed to all-time highs this week, approaching 40%. May Sees SegWit Spike Data from...
Amazon May Soon Accept Bitcoin (And Sell the Data to Law Enforcement)
Amazon Technologies, Inc. – a subsidiary of American electronic commerce and cloud computing giant Amazon.com, Inc. – has won a patent for a marketplace that offers data...
New Study Finds Less Than 1% of Bitcoin Transactions To Exchanges Are Illicit
A new report that analyzes illicit transactions conducted on the blockchain has determined that less than 1% of all Bitcoin transactions are criminal in origin. Elliptic, a UK based...
Bitcoin Fees Near-Zero as Company Launches Mainnet Lightning Payments
Anonymous VPN service TorGuard has become one of the first consumer businesses to accept Lightning Network (LN) payments for Bitcoin. ‘Testnet Is So Boring’ In messages on...
Lightning Network RC1 Release ‘Completes Bitcoin Mainnet Transactions’
Lightning Network transactions have successfully deployed on Bitcoin’s mainnet, marking the first step in a tech upgrade, which will likely transform user experience. Lightning...
Dutch Bank Complains About How Much Electricity Bitcoin Uses
Dutch Bank ING released a report complaining about the energy amount that the average Bitcoin transaction consumes. When it comes to Bitcoin, some people just aren’t happy unless...
Unconfirmed Bitcoin Transactions Reach 150k
As Bitcoin continues to grow in popularity and value, the network’s capacity issues are becoming even more evident with the number of unconfirmed transactions reaching...