According to recent data, the five busiest days for bitcoin transfers on the network occurred in 2024. The all-time peak was at the end of April, with the second-highest transaction day recorded on Sept. 8. In its more than 15 years of operation, the Bitcoin network has witnessed daily transfer records grow annually for nine […]
Crypto Economy Swelled by $909 Billion This Year — INJ and KAS Lead 2023’s Explosive Growth
This year, the cryptocurrency market has seen a dramatic surge, ballooning from a modest $ 827 billion at December’s close in 2022, to a robust $ 1.736 trillion presently. In this period, numerous cryptocurrencies have experienced significant growth. The following analysis delves into the crypto economy’s top performers and underperformers over the last …
Bitcoin Hits Historic 61 Trillion Difficulty, Hashrate Defies Odds Amidst 2023’s Steepest Climbs
On October 16, 2023, Bitcoin’s difficulty impressively crossed the 61 trillion mark at block height 812,448, setting a fresh benchmark for the network. This ascent marked the fourth-largest rise in difficulty for the year. Yet, in the face of this increase, the hashrate has steadily and unflinchingly risen. Bitcoin’s Difficulty Explodes to 61 Trillion, Hashrate […]
JPMorgan CEO Jamie Dimon Calls 2023’s Banking Fiasco a ‘Mini Crisis’, Foresees Consumer Savings Depleted by Year’s End
Four days ago, JPMorgan Chase CEO Jamie Dimon was interviewed by The Economist and he discussed the recent U.S. banking disaster that occurred last March. At that time, the public witnessed the second, third, and fourth largest bank failures in U.S. history. Dimon asserted that “for the most part,” the financial crisis of 2023 is […]