The Bitcoin blockchain has officially processed one billion transactions since it was launched, according to data published on the Clark Moody Bitcoin website; Transaction 1,000,000,000 was recorded on May 5 in block 842,241.
This achievement comes 15 years after the launch of the Bitcoin network on January 3, 2009, and it took 5,602 days - or approximately 800 weeks - to achieve it, with an average of 178,507 transactions per day.
The year 2024 has been crucial for the largest digital currency, as spot ETFs were approved in January in the United States, followed by the recent launch of similar products in Hong Kong, the first of their kind in Asia.
The fourth Bitcoin halving (BTC) also took place in April, with the mining reward falling from 6.25 BTC to 3.125 BTC. Given the popularity of Bitcoin exchange-traded funds, pre-halving enthusiasm, and the expected effects on the US economy; The price of the coin saw an all-time high on March 24, 2024 on CoinGecko and reached $73,737.94.
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