Bitcoin wallet addresses created in November inches toward a million
Retail could be right around the corner: Bitcoin wallet addresses shot up by almost one million in November. Could retail investors be flocking back to Bitcoin (BTC)? In encouraging signs for a bullish 2022, Glassnode data reveals that 913,000 new BTC addresses were added from November to the start of December this year. In a boon for BTC, on-chain analyst On-Chain College shared insightful data regarding retail adoption and the potential beginnings of broader adoption trends. The key takeaway to round off the year is that up to one million new entrants joined the Bitcoin network in....
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The number of bitcoin active addresses had declined following the September market crash but promptly picked up again in October. At the beginning of December, another dip rocked the market that sent addresses plummeting once more. The number had dropped well below the one million mark for the majority of November and stayed low during the bull rally. Despite the red trends recorded by the market, the first week of December has proven to be good for the market. The number of bitcoin addresses rose significantly in the last seven days, putting bitcoin well above the one million mark once....
Ether wallet addresses record-breaking metrics could bode well for the cryptocurrency's “network effects.” The Bitcoin (BTC) bull run may be dominating headlines, but the stalwart cryptocurrency isn't the only coin to be showing strong positive indicators.According to data from glassnode alerts, the number of Ether (ETH) wallet addresses holding a minimum of 1 ETH hit an all-time high on Nov. 19: #Ethereum $ETH Number of Addresses Holding 1+ coins just reached an ATH of 1,170,598 Previous ATH of 1,170,508 was observed earlier today View metric:https://t.co/IuKpD48IXd....
Web3 wallet provider Slope has been connected to the recent hack of Solana-based wallets. As the dust settles from yesterday’s Solana ecosystem mayhem, data is surfacing that wallet provider Slope is largely responsible for the security exploit that stole crypto from thousands of Solana users.Slope is a Web3 wallet provider for the Solana layer-1 (L1) blockchain. Through the Solana Status Twitter account on Aug. 3, the Solana Foundation pointed the finger at Slope stating that “it appears affected addresses were at one point created, imported, or used in Slope mobile wallet....
Fantom network was able to log more than 300,000 active weekly users which is a 4% decrease from the 325,000 users tracked the past week. Fantom treads the bearish route as negatively impacted by the crash of the crypto market FTM social metrics down Fantom records over 300,000 active weekly users The bears are definitely lobbying on Fantom (FTM) as the coin endures massive decline. Fantom admits that they have been severed by the bearish impact of the crypto market triggering a plunge. More so, average daily transactions on Fantom from August 11 to 18 accumulated to roughly 44,300.....
Blockchain.info has reached the biggest milestone in its history - it now boasts over a million wallets. A year ago it had fewer than 100,000 users and by late October the company announced that it had created 500,000 wallets, so it is evident that things are picking up. A Blockchain.info representative told CoinDesk that the company plans to celebrate the latest milestone with some big prizes. Back in October, the lucky user who created the 500,000th wallet was rewarded with 10 BTC, so the stakes are high. Blockchain acknowledged that reaching the one million mark is a major....