Bitcoin [BTC] sets record as total number of transactions cross 400,000,000 mark

2019-4-10 13:30

Bitcoin [BTC], the world’s largest cryptocurrency by market cap, is often referred to as the king of the cryptocurrency market as it is the reason behind the inception of several other currencies in the market. The coin continues to be the highlight of the cryptocurrency space after news regarding its 10th anniversary and its breach of key resistance points made headlines.

This time around, the king coin was in the spotlight after the total number of transactions surpassed the 400 million mark. According to data available on Blockchain, Bitcoin’s total transaction count was recorded to be 400,042,017 [Four hundred million forty-thousand and seventeen] as of 9th April 2019, 05:30.

Source: Blockchain

During the same timeframe, the number of daily confirmed Bitcoin transactions was noted to be 346,071. Additionally, the highest number of daily confirmed transactions for the past year was on 2 April 2019, with 401,507 transactions.

Source: Blockchain

That aside, recent data presented by Kevin Rooke, a well-known cryptocurrency researcher, showed the number of addresses that owned $1, $100, $1000, and $10,000 worth of Bitcoin, Litecoin, Bitcoin Cash, and Bitcoin SV. The data suggested that the total addresses that owned $1, $100, $1000, and $10,000 worth of Bitcoin were more than other cryptocurrencies.

Kevin Rooke said on Twitter,

“There are more addresses with $1,000 of BTC than there are with $1 of LTC”

Source: Twitter

To this, @MyLegacyKit, a Twitter user said,

“No, not correct. “There are more addresses with $1,000 or more of BTC than there are with $1 or more of LTC.” Fixed. “

Additionally, Bitcoin marked another milestone recently after its transaction per block surpassed its all-time high twice, within 10 days. The first all-time high record was set on 20 December 2017, when Bitcoin was close to its all-time high value of $20000. The transaction per block, at that point in time, was recorded at 2,722.

This mark was breached on 26 March 2019, with the new record set at 2,734. Interestingly, this mark was also broken at the end of the month, when the coin’s transaction per block reached 2,745.

The post Bitcoin [BTC] sets record as total number of transactions cross 400,000,000 mark appeared first on AMBCrypto.

origin »

Market.space (MASP) на Currencies.ru

$ 0 (+0.00%)
Объем 24H $0
Изменеия 24h: 0.00 %, 7d: 0.00 %
Cегодня L: $0 - H: $0
Капитализация $0 Rank 99999
Доступно / Всего 0 MASP

market bitcoin cryptocurrency btc sets number record

market bitcoin → Результатов: 126


Фото:

Margin Of Safety Indicates Bitcoin Undervaluation Below $90K Amid Prevailing Market Pessimism

Bitcoin showed unpredictable price action yesterday, plummeting to a low of $89,100 before staging a rapid recovery to reclaim the $96,000 mark. This sharp move is often seen as a liquidity sweep orchestrated by market makers to clear out leveraged positions, a tactic that fuels short-term volatility but strengthens the market’s long-term structure. Related Reading: […]

2025-1-15 11:30


BlockDAG Leads with $150M Presale as Crypto Market Tops $3.1T, Bitcoin ETFs and Ethereum Price Grow

The cryptocurrency market has soared, reaching a new pinnacle with a total market capitalization of $3. 13 trillion, establishing the sector as a formidable economic force. This surge reflects in the growing appeal of Bitcoin ETFs, which have seen unprecedented inflows, while Ethereum (ETH) sets its sights on managing $10 billion in assets.

2024-11-25 04:00


Bitcoin’s Big Week: Election, FOMC Meeting, And Strong Signs Of A Bull Market

As the market faces one of its most volatile weeks—amid the U.S. election and the Federal Open Market Committee (FOMC) meeting—Bitcoin appears primed for a lasting rally. Historically, major bull runs have followed post-election periods, and analysts are optimistic about Bitcoin’s potential, forecasting it could hit $100,000 by year’s end, […]

2024-11-5 08:22


Bitcoin’s (BTC) Bullish Patterns Emerge: Is a Market Super Cycle on the Horizon? Pay Attention to These Metrics

Bitcoin’s trading pattern lately reveals a consistent sideways movement, with fluctuations between $60,000 and $72,000. This trend, as highlighted by top cryptocurrency analyst Doctor Profit via a tweet on X, mirrors historical market behaviors that have typically preceded significant price increases.

2024-4-29 09:30