Bitcoin averaged over a million daily active addresses in the past week for the first time since January 2018. The growing usage metrics add to evidence of a rising bull market. According to data compiled by Coin Metrics, ethereum might be on course to surpass its all-time high if the bull market continues. The data shows “ethereum averaged 626,000 daily active addresses in the period. This figure is just 111,000 short of the all-time high set on January 16, 2018.” Still, the report is highlighting the growth in network transaction fees during the same period. Explaining this growth, the report…
Continue Reading BTC Averages Over 1 Million Active Addresses as ETH Transaction Fees Hit $2M Daily
August 2019 was the last time this many bitcoin addresses were in profit.
Continue Reading Recent Bitcoin Rally Pushes ‘Addresses in Profit’ to 93%