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Even though Bitcoin (BTC) is becoming more popular and accepted in the mainstream, the skeptics have anticipated its demise many times since its inception nearly fifteen years ago, including on multiple occasions in 2023, despite its price recording a steady and bullish increase this year. Indeed, noteworthy Bitcoin critics, all with thousands of followers, have pronounced the flagship decentralized finance (DeFi) asset ‘dead’ seven times in 2023, adding up to the total tally of 474 times so far, according to the data from the cryptocurrency market information platform 99bitcoins on December 25. Bitcoin year-to-date (YTD) obituaries vs. price chart. Source: 99bitcoins Bitcoin death declarations in 2023 Specifically, the author of the most recent eulogy is Chamath Palihapitiya, the founder and CEO of venture capital firm Social Capital and a former senior executive at Facebook (NASDAQ: META), who claimed the maiden cryptocurrency was dead on April 22, when it was trading at $27,...

According to recent data, Ethereum pushed out 4 times as many transactions on the Ethereum ( ETH ) network as Bitcoin did on-chain in 2022. From the data by Nasdaq and YCharts, ETH registered a total of 408.5 million transactions, while BTC witnessed 93.1 million. https://twitter.com/watcherguru/status/1610140815334031360 Source: Nasdaq/YCharts The average daily transaction on Ethereum was 1.1 million, whereas, for Bitcoin, it was 255,000. However, ETH transaction volumes were significantly more volatile. The volatility is attributed to demand caused by NFT launches and XEN minting. The Bitcoin network’s transaction volumes were more regular and stable. Ethereum’s bigger transaction counts have carried on to 2023 as well. According to the data on Bitinfocharts, on January 2nd, ETH had 920.3k transactions, while BTC had 229.2K. The data indicates a 300% lead for ETH . Source: Bitinfocharts Will Ethereum flip Bitcoin soon? Some people in the community have p...