Bitcoin exceeds 1.000 billion transactions processed on the network

Bitcoin exceeds 1.000 billion processed transactions

Bitcoin has reached a new milestone in its history, surpassing 1.000 billion transactions processed, since its inception in January 2009. This ‌and‌ ‌more‌ ‌‌news‌ in‌ ‌this‌ ‌handy‌ ‌daily summary‌ ‌for‌ always be informed with the latest events occurring within the ‌world‌ ‌crypto.‌ ‌

Bitcoin sets new milestone on the network

📍‌The Bitcoin network has set a new milestone, processing 1.000 billion BTC transactions. The user @w_s_bitcoin highlighted, through the X platform, that the most robust blockchain on the market, Bitcoin, has officially managed to process more than 1.000 billion cryptocurrency transactions since it was created and launched on the market by the enigmatic Satoshi Nakamoto, in January 2009.

The data from the Clark Moody Bitcoin portal reaffirm this information, pointing out that, at the time of writing this article, the total number of transactions of all time on the Bitcoin blockchain network is 1.000.196.488.

According to this portal, Bitcoin has processed about 15,5 million BTC transactions in the last 30 days.

MercadoLibre keeps its bitcoins and ethers

📍‌The largest e-commerce platform in Latin America, MercadoLibre, has remained a cryptocurrency HODLer since 2021. In his last quarterly report Before the Securities and Exchange Commission (SEC), MercadoLibre reported on the cryptocurrencies in custody, reflecting that it maintains 412,7 BTC and 3.041,8 ETH. At the time of writing this article, the value of these cryptocurrencies amounts to $26,3 million and $9,5 million, respectively.

On the other hand, as the report points out, MercadoLibre acquired bitcoins for the first time in May 2021, when the company announced the investment of $8 million in this cryptocurrency. According to the report, since then, your BTC investment has appreciated by approximately 230%.

Bitcoin price recovers

📍‌In the last week, the price of Bitcoin has risen 2%. According to analysts, the absence of changes in the monetary policy of the United States Federal Reserve (FED), which has decided not to modify interest rates, has directly impacted the cryptocurrency, whose value has been recovering after the meeting held. by the federal agency.

Data from CoinMarketCap shows that the price of Bitcoin has been recovering considerably since last Wednesday, when the FED announced its decision to keep interest rates stable.

The price of BTC went from trading above $56.600 billion on May 1 to exceeding $64.300 at the time of writing this note.

Bitcoin (BTC) price in the last 7 days.
Bitcoin (BTC) price in the last 7 days.
Source: CoinMarketCap

Hong Kong warns of possible cryptocurrency scam

📍‌Hong Kong authorities warned cryptocurrency users about law firms that have made false advertisements about recovering lost cryptocurrencies. According to advertisements, which was published by the Hong Kong Monetary Authority (HKMA) on May 2, the agency is not working in collaboration with any law firm to help users regain access to their cryptocurrencies.

In the statement, the HKMA reiterated that it “has no connection with these entities and is not working with any local or foreign law firm to reimburse fraud losses” related to crypto assets.

According to the agency, it has received several inquiries about alleged offers and claims from the law firms “Dex Law Firm LLP”, “Morgan Bell Law Firm LLP” and “Watson Liddell Law Firm”, which have falsely claimed to work with the agency as agencies. cooperation for the recovery of cryptocurrencies.

Continue reading: Block announces recurring purchases of Bitcoin, the “native currency of the Internet”

IMPORTANT: The content of this article is for informational purposes only and, in no case, what is written here should be taken as investment advice or recommendations. Bit2Me News reminds you that before making any investment you should educate yourself and know where you invest your money, as well as the pros and cons of the system. We separate ourselves from the actions and consequences that ignorance may entail. If you decide to invest in this or another asset class, you are solely responsible for the consequences that your decisions and actions may have.