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The Unspent Transaction Output (UTXO) supply in loss has climbed to nearly 20%, a metric that can indicate contrasting sentiments among Bitcoin holders. While one segment of the supply is currently held at a loss, this often suggests that these holders are long-term investors, confident in the asset’s potential. Meanwhile, the remainder of the UTXO … Read more
This past week, a batch of five block rewards from 2009 were moved for the first time in almost two years. Interestingly, since 2015, only 48 block rewards from Bitcoin’s creation year have been spent. With the reawakening of these so-called ‘sleeping’ bitcoins from Bitcoin’s early days, it’s a good time to reflect on just … Read more
Although both bitcoin and ethereum have been cruising at lower prices compared to earlier this year, there’s been a silver lining: transaction fees on these leading blockchains have significantly decreased. With costs now sitting at notable lows, it could be the perfect moment to fine-tune transaction expenses for certain activities or even gather unspent transaction … Read more
Only 157 new Runes were etched on Bitcoin on May 13, which contributed to just $3,835 in transaction fees paid to Bitcoin miners. Go to Source
Bitcoin Ordinals inventor Casey Rodarmor says a fungible token protocol like Runes wouldn’t leave as much “junk” on the Bitcoin network as that of BRC-20 tokens. Go to Source
If Back and Finney’s $10 million price prediction becomes true, the BTC market cap will reach approximately $200 trillion. Go to Source Powered by WPeMatico
In a post-mortem issued shortly after it lifted the freeze on bitcoin withdrawals, Binance has identified the “repairing of several minor hardware failures on wallet consolidation” as the incident that ultimately forced it to pause withdrawals. To fix the problem and to stop this from recurring, Binance said it changed the logic “to only take … Read more
Since September 18, 2021, close to 250 Casascius physical bitcoins were redeemed over the last 198 days. On that day six months ago, there were 19,920 Casascius physical bitcoins left active and today, there are approximately 19,676 left to peel. 19,676 Casascius Physical Bitcoins Left to Peel During the last six months, approximately 244 Casascius … Read more
Wasabi Wallet, a privacy-oriented bitcoin-only wallet, has announced it will start introducing censorship methods into its mixing procedures. The announcement was made on social media, where the official account of Wasabi explained that a blacklist will prevent some UTXOs (unspent transaction outputs) from registering to Coinjoins, the method Wasabi and other wallets use to enhance … Read more
It’s “younger” BTC bought at the Summer $30,000 lows that’s moving in Q4, data shows. Go to Source Powered by WPeMatico
