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
On-chain data shows that the total number of Bitcoin addresses has seen rapid growth recently, a sign that adoption may be accelerating. Total Bitcoin addresses grew by 3.95% during the last two months According to data from on-chain analytics firm Holy, BTC now has a 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