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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. 1 min read
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.
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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Enflux says “the bid is there” but no one is adding size, while Glassnode data shows easing selling pressure alongside weaker market activity.
What to know:
- Bitcoin is trading in a tight range around $76,500, with muted activity as traders wait for a clear macroeconomic catalyst.
- Prediction markets see a solid chance that bitcoin holds above $74,000 and ends the week above $76,000, reflecting expectations for stability rather than a sharp move in either direction.
- Analysts...
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