{"id":80275,"date":"2023-06-15T15:29:44","date_gmt":"2023-06-15T12:29:44","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=80275"},"modified":"2025-09-11T15:59:30","modified_gmt":"2025-09-11T12:59:30","slug":"bitcoin-and-ethereum-subreddits-reach-record-7-million-subscribers","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/bitcoin-and-ethereum-subreddits-reach-record-7-million-subscribers\/","title":{"rendered":"Bitcoin and Ethereum subreddits reach record 7 million subscribers"},"content":{"rendered":"

The total number of subscribers to Reddit’s leading crypto communities \u2014 r\/Bitcoin and r\/Ethereum \u2014 has reached a new all-time high of 7 million subscribers.<\/p>\n

From June 4 to June 11, more than 364,000 subscribed to the Bitcoin-focused subreddit. The Ethereum community attracted 461,000 users in the same period.<\/p>\n

\"Snimok-ekrana-2023-06-15-v-14.56.24\"
Weekly growth of subscribers in Reddit’s crypto communities. Data: The Block<\/a>.<\/figcaption><\/figure>\n

The r\/EthTrader and r\/Cryptocurrency subreddits also saw a surge in subscribers.<\/p>\n

The community’s interest was likely drawn by the SEC’s lawsuits against the two largest US crypto exchanges.<\/p>\n

On June 5 the regulator filed a lawsuit<\/a> against Binance and its CEO Changpeng Zhao. The SEC filed 13 charges, including the sale of unregistered securities. On the following day the agency filed<\/a> a similar suit against Coinbase.<\/p>\n

On Reddit, a local uproar also erupted \u2014 more than 6,000 communities, including crypto ones, went offline in protest<\/a> against the company’s API policy.<\/p>\n

Recently, the platform’s management stated<\/a> that it would start charging third-party apps for using the API<\/span>. Reddit utility Apollo developer Christian Selig said he planned to wind down development because of the new policy, which would cost him millions of dollars.”<\/p>\n

As noted, the number of user-created Reddit collectible avatars exceeded 13.7 million<\/a>. The project’s market capitalisation has reached $38.5 million.<\/p>\n","protected":false},"excerpt":{"rendered":"

The total number of subscribers to Reddit’s leading crypto communities \u2014 r\/Bitcoin and r\/Ethereum \u2014 has reached a new all-time high of 7 million.<\/p>\n","protected":false},"author":1,"featured_media":80276,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1400],"class_list":["post-80275","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-reddit"],"aioseo_notices":[],"amp_enabled":true,"views":"23","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/80275","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=80275"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/80275\/revisions"}],"predecessor-version":[{"id":80277,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/80275\/revisions\/80277"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/80276"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=80275"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=80275"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=80275"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}