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Blockchain Reports 3 Millionth Bitcoin Wallet
Wallet software provider Blockchain has opened its 3 millionth bitcoin wallet, having doubled downloads in less than a year.
By Grace Caffyn
Updated Apr 10, 2024, 3:03 a.m. Published Feb 23, 2015, 8:40 p.m.
Wallet software provider Blockchain has opened its three millionth bitcoin wallet, having doubled downloads in less than a year.
The company has seen continued demand since bitcoin's 2013 price spike, passing the 1.5 million milestone in April. Rival Coinbase currently lists 2.5 million wallets in the wild.
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Speaking to CoinDesk, CEO Peter Smith could not confirm how many of Blockchain's wallet accounts are active (ie contain funds) for privacy reasons. However, he pointed to record-breaking transaction volume as a sign of bitcoin's user growth.
"You can look to the 140% (approx.) year-over-year growth in the number of transactions powered by our software daily to get a sense for activity, which, as a company focused on making it easy to transact, is really encouraging," he said.
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- GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
- Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
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Bitcoin gets 'base case' price target of $143,000 at Citigroup
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What to know:
- Citigroup's base case for bitcoin (BTC) is a rise to $143,000 in 12 months.
- Analysts highlight $70,000 as key support, with the potential for a sharp rise due to revived ETF demand and positive market forecasts.
- The bear case sees bitcoin falling to $78,500 amid a global recession, while the bull case predicts a rise to $189,000 due to increased investor demand.
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