Markets News
BTC price performance may be weathering a storm not seen since COVID-19 sparked a 60% drawdown three-and-a-half years ago.
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UTXO News
An unspent transaction output (UTXO) represents the cryptocurrency left in a wallet following a completed transaction. This balance is used in subsequent transactions and stored in the UTXO database. Unspent transaction output is an accounting measure to confirm the amount of cryptocurrency one owns, similar to double-entry accounting, where transactions have an input and output. However, beyond the basics of accounting, UTXO is a transaction output for cryptocurrency data that is stored in bits on a transaction database.
The system allows the users to spend the UTXO placed under the control of their private keys just once. As a state machine, the blockchain updates the participants’ balances in the transaction upon its transition to the new state. The transition is the foundation of accounting models such as UTXO. As cryptocurrencies are anonymous in nature, UTXO is associated with the public addresses detectible to the entire network.
The UTXO model makes certain transactions in the network uneconomic, as the transaction cost might be more than the product one is purchasing. For instance, if someone wants to buy a pen for $1, they might find that the transaction fee on the blockchain might be more than the price of the pen itself.
- Markets News
Hodlers have not needed to hodl hard enough, data covering historical bear markets shows.
10946 - Markets News
A bullish reversal into the new week rapidly gains attention, but sober analysts predict that this is just another relief bounce.
19505 - Market Update
On-chain data suggests that the market has “already capitulated” and traders identify a bullish technical analysis pattern with a breakout target near the $41,300 level.
14613 - Market Update
BTC price appears to be consolidating below $44,000, while analysts highlight $48,000 as the next short-term bull target.
10371 - News
A dearth of Haskell developers on Cardano prompted 3air to switch over to a more Ethereum-friendly environment.
17005 - Markets News
No sign of a new “alt season” at Bitcoin’s expense so far as controversy over fees continues for Ethereum.
4527 - Price Analysis
Bitcoin and most altcoins have fallen to key support levels, but the current trading setup suggests traders lack the confidence to chase after an oversold bounce.
14879 - Markets News
It may have dropped to six-month lows, but Bitcoin is still the subject of an increasing supply squeeze.
23326 - Market Update
BTC price dipped below $46,000 after seeing highs north of $48,500 earlier in the day. Leading altcoins also turned lower.
13771 - Markets News
It’s “younger” BTC bought at the summer $30,000 lows that’s moving in Q4, data shows.
20740 - Markets News
It may be a tempting sell at 3x gains, but last November’s buyers remain determined to “hodl.”
25958 - Analysis
This upgrade focuses on the expansion of the Bitcoin network’s smart contract capabilities and improves privacy on the network.
22002 Cryptocurrency Emercoin has raised the bar on maintaining the Blocksize inflation with their “Unspent Transaction Output” solution.
2639Texas has proven to be a frontline state within the Bitcoin and Blockchain ecosystem.
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