The Bitcoin network is full of activity before halving
Number of active users networks bitcoin again headed for historic highs.
The number of active bitcoin addresses is approaching 1 million.
The hash rate is also holding close to historical highs.
International consortium news organizations, developing transparency standards.
Various indicators of activity on the bitcoin network continue to rise ahead of the third halving, according to industry statistics.
After a week of consolidation bitcoin rate (VTS) went on the offensive, approaching an important long-term level resistance. Before the widely expected halving, after which the miners are rewarded for each new the mined block will be halved, Total about five days.
Some are waiting of this fearful events, but various indicators of network activity bitcoin indicate that the reasons for there is no concern. Thus, a reputable industry analytical company Glassnode reported that the number of users of the Bitcoin network, which showed activity as senders or recipients of military-technical cooperation,.
Analysts @glassnode noted:
When this they stressed that for more high reliability data they are do not take into account each bitcoin wallet separately, but consider exactly users, controlling clusters of addresses. It is generally believed that this indicator of network activity is very closely correlated with the bitcoin rate..
At present time number of such active users exceeded the peak values 2019 year, when the military-technical cooperation was approaching the $ 14,000 mark, and took course the next – historical – the maximum set in December 2017 of the year.
Similar dynamics is reflected in schedule transactions on the network. According to glassnode, the current index bitcoin transactions is 316 656. However, it is noticeably behind the all-time high of December 2017 (406,953).
The number of active bitcoin addresses also went recently to growth, reaching 937,904, according to glassnode statistics.
What else is growing?
it can serve as a clear indication that all more the number of people become users and hodlers of bitcoin.
However, next week the situation with the hash rate may change for the worse., if due to reduction of the amount of remuneration for miners everything they will decide to scale down their capacities. Exodus in many ways will be depend on further behavior prices bitcoin.
Do you believe the lossless Bitcoin network will outlast the upcoming halving coins, created and earned by miners, in two times. it occurs approximately every four years and… More? Share his opinion in comments!
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