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 april 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

Hyundai Creta Theft Delhi in 60 seconds

Thieves Hack Hyundai Creta’s Security System in 60 Seconds

Fluminense vs Al-Hilal FIFA Club World Cup 2025

FIFA Club World Cup 2025: Fluminense vs Al-Hilal Headlines Thrilling Quarter-Finals

Iran Charges French Couple with Spying for Israel

Iran Charges French Couple with Spying for Israel, Faces Death Penalty

Post Archives

More Popular from Photonews

Manchester City Al-Hilal
Sports

Manchester City Stunned by Al-Hilal in 4-3 Club World Cup Thriller

3 Min Read
Trump Musk feud 2025
Top NewsWorld

So Tempting to Escalate : Elon Musk Responds to Trump’s Deportation Threat

3 Min Read
Trump Netanyahu Corruption
Top NewsWorld

Trump Opposes Netanyahu’s Corruption Prosecution, Citing U.S. Support for Israel

4 Min Read
Business

PSX KSE-100 Surges 1,581 Points as Budget Approval Boosts Sentiment

On June 27, 2025, the Pakistan Stock Exchange (PSX) showcased a robust performance, with the KSE-100…

June 27, 2025
Sports

Sri Lanka Crushes Bangladesh by Innings and 78 Runs in Colombo Test

On June 28, 2025, Sri Lanka secured a commanding innings and 78-run victory over Bangladesh before…

June 28, 2025
Punjab

Jinnah Institute of Cardiology Not Renamed After Maryam Nawaz

Punjab Senior Minister Marriyum Aurangzeb clarified that the Jinnah Institute of Cardiology (JIC) in Lahore will…

July 2, 2025
Khyber Pakhtunkhwa

Swat River Flash Flood Sweeps Away 18 Sialkot Tourists, Rescue Efforts Intensify

A devastating flash flood struck the Swat River on June 27, 2025, sweeping away 18 members…

June 27, 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?