Photonews Logo Photonews logo
  • Home
  • Pakistan
    • Punjab
    • Sindh
    • Khyber Pakhtunkhwa
    • Azad Jammu Kashmir
    • Balochistan
    • Gilgit – Baltistan
  • World
  • Business
  • Entertainment
  • Videos
    IShowSpeed Daniel La Belle race
    Videos

    IShowSpeed Beats Daniel La Belle in 40-Meter Race, Hits 41M Subscribers

    June 24, 2025 2 Min Read
    Cardi B new single Outside
    Videos

    Cardi B’s ‘Outside’ Single Sparks Buzz Over Offset and Stefon Diggs

    June 20, 2025 2 Min Read
    Squid Game Season 3
    Videos

    Squid Game Season 3: Final Trailer Unveils Epic Plot

    June 14, 2025 2 Min Read
  • Sports
  • Technology
  • Offbeat
  • Blog
  • Contact
Reading: Bitcoin Hits Historic One Billion Transactions Milestone
PhotoNews Pakistan PhotoNews Pakistan
Font ResizerAa
Search
  • Home
  • Pakistan
    • Punjab
    • Sindh
    • Khyber Pakhtunkhwa
    • Balochistan
    • Azad Jammu Kashmir
    • Gilgit – Baltistan
  • World
  • Business
  • Entertainment
  • Videos
  • Sports
  • Technology
  • Offbeat
  • Blog
  • Contact
Have an existing account? Sign In
Follow US
© 2022 Photonews. All Rights Reserved.
Bitcoin price July 2025
PhotoNews Pakistan > Tech > Bitcoin Hits Historic One Billion Transactions Milestone
Tech

Bitcoin Hits Historic One Billion Transactions Milestone

Web Desk
By Web Desk Published May 7, 2024 2 Min Read
Share
Artwork / illustration Courtesy of CryptoSlate,
SHARE

Bitcoin has surpassed one billion transactions for the first time since its creation in 2009.

According to Clark Moody’s Bitcoin dashboard, this landmark achievement occurred on May 5 at block 842,241. As of May 7, the total number of transactions registered was 1,000,701,505.

The pseudonymous creator Satoshi Nakamoto mined the first Bitcoin block on January 3, 2009. Over its 5,603 days, the network has processed an average of 178,475 transactions daily. This calculation does not include transactions via the Lightning Network, a secondary layer that speeds up transactions.

#Bitcoin has officially processed over 1 billion transactions. pic.twitter.com/kS704YYoW5

— Wicked (@w_s_bitcoin) May 5, 2024

This milestone comes shortly after Bitcoin’s fourth halving event on April 20. Following this, on April 23, the network saw a record 926,000 transactions daily. This surge coincided with the introduction of the Runes protocol, developed by Casey Rodarmor, also known as the Ordinals protocol, which supports Bitcoin-based NFTs.

Bitcoin, the most established and highest-valued cryptocurrency, was at $63,582 on international exchanges such as CoinMarketCap at the time of the milestone. The total market cap of Bitcoin is currently $1.25 trillion, with 19,695,050 of the maximum 21 million tokens already in circulation. The cryptocurrency’s latest peak price was $73,790 on March 14.

In response to this development, Nischal Shetty, Founder and CEO of Indian crypto exchange WazirX, expressed his enthusiasm on X (formerly Twitter), highlighting the significance of this milestone for advancing the Web3 ecosystem. He noted Bitcoin’s value as an asset and its limited transaction capacity and is looking forward to more substantial transaction volumes in the future.

TAGGED:Bitcoin PriceFeatured
Share This Article
Facebook Twitter Pinterest Whatsapp Whatsapp LinkedIn Email Copy Link Print
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Advertisement

HBL Saving Made Easy
HBL Saving Made Easy

Recent Posts

Is Selena Gomez Engaged? New Ring Sparks Rumors

Selena Gomez Celebrates 33rd Birthday with Rare Impact Fund’s 5-Year Milestone

Pakistan vs England Test series 2026

Pakistan Cricket Team to Tour England for 2026 Test Series: Schedule Confirmed

Thailand Cambodia clashes 2025

Thailand-Cambodia Border Clashes Kill 12 in Emerald Triangle Dispute

Post Archives

More Popular from Photonews

WhatsApp for Windows beta 2025
Tech

WhatsApp for Windows Beta Replaces Native App With Web Version

3 Min Read
The Last of Us Season 3 release date
Entertainment

HBO Confirms The Last of Us Season 3 Release Date

2 Min Read
Philadelphia Phillies Andy Byron troll
Offbeat

Phillies Mascots Troll Andy Byron, Kristin Cabot By Recreating Viral Coldplay Video

3 Min Read
Entertainment

Justin Bieber DMX Clip Post Hints at Drug Use Views Amid Fan Concerns

Justin Bieber ignited speculation about his views on drug use by sharing a clip from DMX's…

July 22, 2025
Top NewsWorld

Trump Denies Epstein Birthday Letter, Files $10 Billion Lawsuit Against WSJ; Musk Reacts with Sarcasm

US President Donald Trump has denied a Wall Street Journal report alleging he sent a bawdy…

July 19, 2025
Entertainment

1VERSE K-Pop Debut: North Korean Defectors Lead New Boy Band

1VERSE, a groundbreaking K-pop boy band, made its global debut on July 18, 2025, blending diverse…

July 18, 2025
Pakistan

Pakistan Extends Airspace Ban on Indian Flights Until August 24, 2025

Pakistan has prolonged its airspace closure for Indian flights by another month, effective until August 24,…

July 19, 2025
PhotoNews Pakistan

Always Stay Up to Date

Subscribe to our newsletter to get our newest articles instantly!

Categories

  • World
  • Pakistan
  • Punjab
  • Sindh
  • Khyber Pakhtunkhwa
  • Balochistan
  • Azad Jammu Kashmir

 

  • Top News
  • Business
  • Entertainment
  • Sports
  • Videos
  • Tech
  • Offbeat
  • Blog

© 2024 Phototnews
All Rights Reserved.

Welcome Back!

Sign in to your account

Lost your password?