Glassnode: The adoption rate of Bitcoin Segregated Witness has reached over 72%

[Glassnode: Bitcoin Segregated Witness Adoption Rate Has Reached Over 72%] According to Jinse Finance, according to the latest analysis of blockchain analysis company Glassnode, the adoption rate of Bitcoin Segregated Witness (SegWit) has reached over 72%, which means that there are more more effective block space capacity. Before June 2021, the adoption rate of SegWit is less than 55%, and the maximum block size is smaller than it is now. SegWit Segregated Witness is a technical upgrade of Bitcoin, and its function is to increase the maximum data capacity of Bitcoin blocks.

Other news:

Glassnode: Holders with less than 1 BTC are buying BTC at the fastest rate in history: News on July 15, according to a tweet published by Bitcoin Magazine, Glassnode said that holders with less than 1 BTC BTC is being bought at the fastest rate in history. [2022/7/15 2:16:23]

Fashion brand Zara launches Lime Glam, a product that can be worn in the metaverse: On April 12, fast fashion brand Zara launched a new series of spring and summer limited edition products Lime Glam. These clothing and accessories can be worn in the Zepeto metaverse, and can also be purchased in physical stores.

If buyers opt for the physical version, they will also get a digital version, simplifying the buying process. Zara's website features avatars wearing some of the products from the Lime Glam collection. The Zepeto app also offers photo booths, digital walls and floors for this particular collection. (Cryptoslate) [2022/4/12 14:19:13]

Glassnode: The outflow of BTC balance on exchanges continues and has reached the level of February 2018: Jinse Finance reported that according to data from the blockchain analysis company Glassnode, the balance of BTC on cryptocurrency exchanges continued to decline last week (accounting for about 13.0% of the circulating supply. %) and reached a new low for many years, and has now returned to the level of February 2018, when the price of Bitcoin was between $6,000 and $10,000. Last week, the negative value (outflow) of the exchange’s net flow positively supported the above observation. The current rate of bitcoin outflow is -92,000 per month. In fact, the crypto market has clearly shifted its pattern after March 2020, from a pattern dominated by exchange net inflows to one dominated by exchange outflows.

Bittrex, Bitfinex, Kraken, Gemini, and Binance have been characterized by inflows and balance growth throughout most of 2020 and 2021, reflecting rising dominance in holdings; Bitstamp, OKEx, Huobi, and Coinbase have since Fund outflows have continued since March 2020, and have accelerated in recent weeks. Overall, net bitcoin balances across exchanges continued to decline as May’s inflows were absorbed by the market and transferred to investors’ wallets. [2021/9/22 16:57:48]