All data in this report was captured and analyzed by Huobi Research; please cite the source “Huobi Blockchain Big Data” for reference.


All data in this report was captured and analyzed by Huobi Research; please cite the source “Huobi Blockchain Big Data” for reference.

Abstract

New Data Included: New Issues and Codes on GitHub

This Week:

  1. The number of active Bitcoin addresses increased 0.6% to 3.49 million, in a recent high; the overall transaction volume on the Bitcoin network increased 1%; the total number of transactions decreased 1.9%.
  2. The number of active addresses in Ethereum decreased 1.7% to 0.97 million, in the near-term low; the overall transaction volume on the Ethereum network has decreased 21.1% to 10.33 million ETHs.
  3. Ethereum had significant code updates on GitHub, in which Go-Ethereum had 3440 more line of codes.
  4. BTC, NANO, and XLM were the most popular cryptocurrency on Reddit.

  • Social Media Data

BTC, ETH, EOS to be the top trending in China, while BTC, Nano, Stellar were the top Cryptocurrencies overseas; In the Events category, “Smart contract”, “Contract” and “decentralization” were the hottest words in China, while “Wallet”, “Bot” and “Security” were the hottest words overseas; in the Exchange and KOL category, “Huobi”, “Li Xiaolai” and “OKEX” were the hottest in China, while “Coinbase”, “Binance”, “Binance” and “HitBTC” were the hottest overseas.

  • Market Trading Data

In the cryptocurrency market this week, the price of Cryptocurrencies raised up more and down less. BCH receiving the largest increase of 23.2% and Monero receiving the largest decrease of 1.1% in their respective prices. BTC had the lowest volatility rate of 0.0016 s.d. Ripple had the largest volatility rate of 0.008 s.d; Top 10 Cryptocurrencies had high correlations in their price movements this week, expect Monroe.

1. On-Blockchain Data
1.1 Active Bitcoin Addresses
This week, the number of active Bitcoin addresses increased 0.6% to 3.49 million, in a recent high.

The number of new address decreased 3.8% from 1.40 to 1.35 million. The number of continuously active address increased 10% from 0.5 to 0.55 million. The number of reactivated addresses increased 1.3%.

 

Read Full Report Here: Huobi Blockchain Big Data Weekly Insights Vol. 17

 

Posted by Huobi Blog