Altcoin News Official Today TheBitTimes.com

The number of addresses holding more than 1,000 Bitcoin surged to a four-month high in April, according to data from on-chain intelligence platform Glassnode. The number of wallets holding over 1,000 BTC has risen from 2,037 in late February to a high of 2,107 on April 15, data from Glassnode shows . Number Of Bitcoin Wallets Holding Over 1,000 BTC Reaches US Election Levels Following the uptick in April, the number of new wallets holding over 1,000 BTC has returned to levels not seen since November and December last year, when the crypto markets were surging off of Trump’s US election win. The metric is still down from its all-time high (ATH) of just under 2,500, which was reached in February 2021. Similarly, there has also been an increase in the number of wallets holding over 100 BTC. Glassnode data shows the number of these wallets reached 18,026 on April 20. However, the number of holders with less than 10 Bitcoins has seen a decline in recent months. Pseudonymous cryp...

Shibarium network activity has soared despite the price of SHIB falling more than 20% since the tumultuous launch of the layer-2 network. The total number of wallets on Shiba Inu’s newly launched layer-2 blockchain, the Shibarium network, has surpassed the one million mark in a meteoric rise since its relaunch.  The milestone — announced in a Sept. 3 blog post by the official Shibarium team — means there were at least 900,000 wallets added since Shibarium’s relaunch on Aug. 28, and only two weeks after the Shibarium network first went live — albeit with some technical hiccups. According to data from the Shibarium blockchain explorer, nearly 100,000 transactions have occurred as of 5:04am UTC Sept. 3, with a peak activity of 132,000 transactions being set on Aug. 25. Activity on the Shibarium network since inception. Source: Shibarium.io While network activity has surged, the total value locked (TVL) on the Shibarium network has yet to surge in response. At the time of publication S...