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Litecoin's Daily Transaction Count Remains Elevated as LTC Ordinals Approach 4 Million

Litecoin’s Daily Transaction Count Remains Elevated as LTC Ordinals Approach 4 Million

Over the past week, Litecoin has experienced a sustained increase in daily confirmed transactions. Following a record-breaking peak of 585,415 daily confirmed transactions on May 10, the blockchain has consistently handled a range of 172,000 to 532,000 transactions per day ...
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AI-Centric Crypto Market Loses Over $1 Billion in Value in 90 Days

AI-Centric Crypto Market Loses Over $1 Billion in Value in 90 Days

Roughly three months ago, 74 AI-driven digital currencies boasted a market value exceeding $4 billion. However, since that time, the AI-centric crypto market has experienced a loss of more than $1 billion in value. The Decline in AI-Driven Cryptocurrencies: $1 ...
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Ethereum Burns 3.33 Million Ether Valued at $6.1 Billion in 21 Months

Ethereum Burns 3.33 Million Ether Valued at $6.1 Billion in 21 Months

In the past 21 months following Ethereum’s London hard fork, the network has witnessed the destruction of over 3.33 million ether, valued at $6.1 billion. At present, roughly 3.51 ether is burned every single minute. Standing out as a prominent ...
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Bitcoin (BTC) launches new surges as U.S. debt ceiling reaches tentative deal

Bitcoin (BTC) launches new surges as U.S. debt ceiling reaches tentative deal

The crypto market rallies following news of the U.S. debt ceiling deal confirmation. Bitcoin price climbed above the $27K value area. Cryptocurrencies react positively to the U.S. debt ceiling news. Cryptocurrency prices kick-started upside moves on Sunday amidst notable market ...
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Bitcoin Mining Difficulty Poised to Break 50 Trillion Barrier, May 31 Projection Shows

Bitcoin Mining Difficulty Poised to Break 50 Trillion Barrier, May 31 Projection Shows

Despite an upswing in mining difficulty on May 18, current data projects Bitcoin’s mining difficulty to see a further escalation on May 31, 2023—potentially jumping between 1.1% and 2.51%. Bitcoin’s Difficulty Nears 50 Trillion Milestone Bitcoin’s mining difficulty, already at ...
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Bankrupt Crypto Exchange FTX Continues to Explore Potential Relaunch, Court Records Reveal

Bankrupt Crypto Exchange FTX Continues to Explore Potential Relaunch, Court Records Reveal

Recently submitted court records in the FTX insolvency case reveal that the exchange’s new CEO, John Ray III, has been exploring a revival plan for the now-disabled trading platform and the “preliminary formation of restructuring strategies.” FTX’s Revival Prospects Surface ...
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Dash Block Production Resumes After Disruption Amidst Miner Complaints

Dash Block Production Resumes After Disruption Amidst Miner Complaints

After experiencing a disruption while attempting to upgrade the Dash blockchain, the network has now resumed block production. As of the time of writing, 552 blocks have been confirmed since the incident. Despite the onchain resolution provided by Dash Core ...
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sleeping bitcoin

Dormant Bitcoin Wallet From 2010 Makes Rare Transaction on 13th Anniversary of Bitcoin Pizza Day

As bitcoin enthusiasts commemorate Bitcoin Pizza Day, marking the 13th anniversary of Laszlo Hanyecz’s acquisition of two pizzas for 10,000 BTC on May 22, a dormant sleeping bitcoin wallet from July 2010 has made a transaction of 50 BTC after ...
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Bitcoin Blockchain Continues to See Growth in Ordinal Inscriptions and BRC20 Tokens

Bitcoin Blockchain Continues to See Growth in Ordinal Inscriptions and BRC20 Tokens

Although Bitcoin’s network transaction fees have decreased and a portion of the unconfirmed transfer backlog has diminished, the protocol still grapples with over 289,000 transactions awaiting confirmation. As of this writing, more than 218 blocks must be processed to fully ...
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‘Apple and Google Are Systemic Risks to Crypto,’ Says Ex-Coinbase CTO

‘Apple and Google Are Systemic Risks to Crypto,’ Says Ex-Coinbase CTO

Authorities in the U.S. and elsewhere may try to compel tech firms like Apple and Google to exfiltrate private keys from devices and apps under their control, crypto entrepreneur Balaji Srinivasan warned on social media. The former executive of Coinbase ...
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