Cryptocurrency Insight
On-chain data shows that Bitcoin’s active addresses have surpassed levels seen in November 2021, suggesting demand for BTC is picking up. Bitcoin active addresses have seen steady growth recently As one analyst pointed out in a CryptoQuant post, there were concerns in February that the Read More
Binance USD (BUSD) has seen a sharp decline in active addresses following regulatory crackdowns from US authorities. This development continues a series of declines in the Binance ecosystem over the past few weeks. Active Address BUSD Shows Regression According to data from glassnodethe number of Read More
The data shows that Bitcoin’s active addresses have not increased significantly recently, indicating that the current rally may be unsustainable. Bitcoin Active Addresses (30-Day MA) Stall Despite Rally As one analyst pointed out in a CryptoQuant post, past BTC rallies have seen the metric rise Read More