Bitcoin price stabilizes but profitability gap points to unease

Unspent transaction outputs (UTXOs) are an integral component of Bitcoin’s structure, essentially serving as the building blocks of the blockchain. As its name suggests, each unspent transaction output represents a discrete unit of Bitcoin that hasn’t been spent, originating from the conclusion of a previous transaction. They form the foundation of Bitcoin’s ledger, tracking the […]

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Litecoin (LTC) Whales Hold Strong: 20.6% of LTC Locked for 5+ Years

Key Takeaways A recent chart shared by IntoTheBlock reveals a significant divide among Litecoin (LTC) holders, based on the age of their unspent transaction outputs (UTXOs). By categorizing wallets according to holding periods, the data provides a deeper understanding of investor sentiment and market behavior. Wallets that have accumulated Litecoin over the 20202021 bull run […]

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Over 86% of unspent Bitcoin in profit as BTC continues to trade above $30k

The cryptocurrency market has been a whirlwind of activity over the past week, with Bitcoin (BTC) seeing the most notable uptick, climbing over the $30,000 mark for the first time in two months, a crucial psychological milestone that could return much-needed confidence to the market. At press time, Bitcoin is trading at $30,343. Over the […]

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With Empty Bitcoin Mempools, It’s Time To Consolidate Your UTXOs

Bitcoin mempool levels are frequently empty these days, so it’s a good time to conduct this Bitcoin security best practice.

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Taproot Kicks Jevons Paradox For Bitcoin UTXOs Into Another Gear

The activation of Taproot will make bitcoin UTXOs more efficient, and much more widely used.

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Trezor Enables Coinjoin for Trezor T Model to Bolster a ‘New Era of Privacy’

According to Trezor, the crypto hardware wallet manufacturer, owners of the Trezor T model can now use a Coinjoin feature to preserve their privacy. Trezor had announced the Coinjoin feature’s impending arrival on the hardware wallet seven months ago, and the feature went live on April 19. Trezor Adds Coinjoin to Software Suite Owners of

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Why the drop in Bitcoin UTXOs, transactions, and fees is not bearish

Bitcoin’s on-chain activity has been declining, with transaction counts, UTXO numbers, and fees all dropping significantly in the past three months. At first glance, this might seem like a negative signal, suggesting reduced demand or waning network usage. However, a deeper look at the data tells a different story. The number of UTXOs steadily increased […]

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On-chain data shows Bitcoin supply is tightening

After a brief struggle to regain footing, Bitcoin finally broke through the $52,000 barrier on Feb. 14. While $50,000 was a critical psychological benchmark, trading above $52,000 indicates rising market confidence in Bitcoin and can mean the end of the bear market. During periods of price volatility, especially significant upward movements, it’s important to analyze […]

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To Dust You Shall Return

An analysis of different feerates and the consequences this has on the economics of spending UTXOs of different values.

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UTXOracle: A Decentralized Approach To The Oracle Problem

Using the UTXO set to calculate a bitcoin price.

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Bitcoin Stamps Emerge as New Image-Storage Trend on the Bitcoin Blockchain, Over 8,000 Stamps Minted So Far

After the Ordinal inscription process gained significant traction on the Bitcoin blockchain with more than 800,000 inscriptions to date, a new trend of non-fungible token (NFT) technology has emerged called Bitcoin Stamps. The image-storing technique is a new way of storing images on Bitcoin, and so far, more than 8,000 stamps have been minted. From [...]

The post Bitcoin Stamps Emerge as New Image-Storage Trend on the Bitcoin Blockchain, Over 8,000 Stamps Minted So Far appeared first on Crypto Breaking News.

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