Number of Bitcoin Addresses Holding Coin Rises From 707,000 to 784,000

Number of Bitcoin Addresses Holding Coin Rises From 707,000 to 784,000

According to information from on-chain blockchain intelligence firm Glassnode, the number of addresses holding at least one Bitcoin has increased notably over the last year. As of Jan. 14, there were 784,000 addresses holding one or more bitcoins, up nearly 11 percent from 707,000 seen a year ago. The rising number of addresses accumulating greater amounts of BTC is a sign that adoption as a store of value is increasing, said Connor Abendschein, analyst at Digital Assets Data.

It is no longer news that the era of cryptocurrency is here and nothing can be done to reverse it. With Bitcoin as the lead crypto, many other good digital currencies ans assets are still a good place to invest in on time. The future is crypto and blockchain and the transparency that will be brought along by these two will heal the world.

More Stories
Cryptocurrencies ‘Innovative’ But ‘Pose Challenges’ – Governor