Virginia’s Democratic representative Don Beyer has ushered in a fresh bill mandating the documentation of off-chain transactions and over-the-counter (OTC) crypto engagements by cryptocurrency exchanges, to be catalogued in a repository under the purview of the U.S. Commodity Futures Trading Commission. New Legislation Targets Off-Chain Transfers in Crypto Industry Representative Don Beyer (D-VA), has unveiled […]
The count of Bitcoin ordinal inscriptions is on an upward trajectory, with the tally now eclipsing a staggering 33 million. Additionally, a milestone was achieved on September 15, 2023, when the Bitcoin blockchain set a new record by registering an astonishing 440,760 inscriptions in a single day, out of a total of 703,692 transactions confirmed […]
Over the last fortnight, the quantity of unconfirmed bitcoin (BTC) transactions has consistently exceeded the 500,000 mark, nearly touching 700,000 on September 6, 2023. Metrics indicate that Bitcoin’s mempool, a shortened term for “memory pool,” has not completely cleared in more than four months, dating back to April 22, 2023. Bitcoin’s Backlog Swells: Unconfirmed Transactions […]
Based on the most recent week-long data, non-fungible token (NFT) sales experienced a slight decline of 1.18% from the previous week. Despite a recorded $ 107.05 million in NFT sales, there was a noteworthy rise of 86.71% in the number of buyers. Additionally, NFT transactions increased by a significant 34.66%. Weekly Digital Collectible Sales …
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 […]