Bitcoin’s [BTC] projected year-to-day on-chain transaction volume forecast to be more than that of 2018

2019-5-31 16:00

The cryptocurrency market, at the moment, has broken milestones in 2019 after a significant bull run improved overall prices as well as the total market cap of all crypto-assets. Bitcoin [BTC], the world’s largest cryptocurrency has seen a remarkable resurgence over the past few weeks as it shot up by more than 100 percent in terms of price. The coin’s price hikes did not skip the line of sight of a majority of Bitcoin’s famous supporters with Anthony Pompliano tweeting:

“Bitcoin has done $274 billion year-to-date in on-chain adjusted transaction volume. That is an annualized run rate of $677 billion, which would be ~50% more than 2018. What doesn’t kill you, makes you stronger.”

The co-founder of Morgan Creek Digital Capital was right in praising Bitcoin as the numbers showed that the digital asset’s foothold in the financial ecosystem was increasing. Recent reports claimed that Bitcoin witnessed higher on-chain transaction volume than the popular American Express. Analysis showed that Bitcoin settles more than $6 billion worth of transactions on a daily basis, which was almost double of American Express’s $3.2 billion.

Many users of the cryptocurrency had their own take about Pomp’s post, with CryptoHamster, a crypto enthusiast tweeting:

“Now imagine to do the same with gold (“store of value”, right?) instead of #bitcoin.
What will be the transportation cost and risks.
And they still say that $BTC is going to zero…”

When it came to transaction volumes, Bitcoin has had a stupendous year because it had also recently recorded its all-time high daily transaction volume with lower fees. Kevin Rooke, a Twitter user and a Bitcoin/crypto enthusiast had shown that:

“Daily Bitcoin transactions just broke an all-time high in April, and tx fees were 86% lower this time around.
Dec 2017
TXs: 360k/day
TX fees: 616 BTC/day
Apr 2019
TXs: 366k/day
TX fees: 89 BTC/day”

The post Bitcoin’s [BTC] projected year-to-day on-chain transaction volume forecast to be more than that of 2018 appeared first on AMBCrypto.

origin »

Bitcoin price in Telegram @btc_price_every_hour

Bitcoin (BTC) на Currencies.ru

$ 76040.92 (+0.05%)
Объем 24H $66.533b
Изменеия 24h: -2.44 %, 7d: -14.44 %
Cегодня L: $75367.21 - H: $76794.37
Капитализация $1519.499b Rank 1
Цена в час новости $ 8510.5 (793.5%)

btc bitcoin market cryptocurrency 2018 year-to-day transaction

Источник: ambcrypto.com

btc bitcoin → Результатов: 126


Фото:

Bitcoin Holds $88K as Whales Accumulate, But Long-Term Investors Are Moving Toward ZKP for Its Privacy-AI Breakout Potential

This week shows Bitcoin (BTC) stabilising near the $88,000 level after completing a key technical move by filling its lower CME futures gap. The recent pullback from the $98,000 region pushed BTC into the $88,000–$89,000 zone, where selling pressure has slowed, and price has begun to consolidate.

2026-1-26 20:00


Taiwan Plans BTC Reserve Review — A Bullish Rally Signal For Bitcoin Hyper

What to Know: Taiwan is auditing $BTC exposure and assessing a reserve strategy, with a formal report due by end-2025. This marks a credible institutional tailwind for Bitcoin. Sovereign-level interest strengthens the ‘digital gold’ case and can add marginal demand, supportive for $BTC price and $BTC-native infrastructure.

2025-11-14 17:08


Фото:

Bitcoin bulls need 2 things: Positive BTC ETF flows and to reclaim $112,500

Bitcoin (BTC) trades at $101,328 as of press time, erasing the 2. 3% recovery that had briefly pushed the price to $103,885 the day before. The breakdown confirms what on-chain data has been telegraphing about demand momentum fading, long-term holders selling into weakness, and the market testing structural supports last seen during mid-cycle corrections.

2025-11-8 12:02


дальше еще 77 новостей →

Партнеры Currencies.ru



Реклама на Currencies.ru

Самое свежее на Currencies.ru

Summer Inside Crypto Winter: Solana Steals The Lead From Ethereum

Solana has been gradually creeping up behind Ethereum even before the crypto winter began. The network had grown in popularity among non-fungible token (NFT) and decentralized finance (DeFi) users who had been fleeing Ethereum due to the high cost of transacting on the network.

Bitcoin Transactions Drop to Lowest Level Since December 2018

Amid the global market rout, Bitcoin transactions have dropped significantly in the past month to levels not seen since December 2018. Bitcoin is seeing a declining hashrate and mining profitability in the past month, but it seems that usage on the network is declining as well.