Bitcoin network activity has surged to its highest level since 2024, with daily transactions topping 800,000, but CryptoQuant says the increase is being driven largely by low-value protocol activity such as Ordinals, Runes and BRC-20 transactions rather than economic demand.
Bitcoin Ordinals are a protocol introduced by Casey Rodarmor in January 2023, which enables data to be inscribed on Bitcoin's blockchain by embedding content...
Inscriptions are a novel feature that allows users to permanently store data, such as text, images, or even files directly on the Bitcoin blockchain....
From the fall of peer-to-peer networks to the dangers of blind optimism, this guide explores how Bitcoin could face existential threats unless we change course. Overconfidence and arrogance could be Bitcoin's biggest threats. From "The Halving Issue".