American businessman and best-selling author of “Rich Dad Poor Dad,” Robert Kiyosaki, took to Twitter today to state that the oldest and leading cryptocurrency, Bitcoin as well as precious metals such as gold and silver, had a “bright future.” He also explained why he thought Bitcoin will soon be heading toward the $50,000 range in...Read More
The Bitcoin (BTC) record is showing one indicator of extreme growth this year – the count of Unspent Transaction Outputs, or UTXO. This growth points to several potential explanations. UTXO Growth May Signal Coin Mixing Activity Each bitcoin transaction has the potential to generate UTXO, or “change”, which is then redistributed to a change address....Read More
There is a wealth of data and differentiating metrics that can offer real insight in bitcoin and its potential. Bitcoin Transaction Values Unraveled A recent article by director of research at Fidelity Digital Assets, Ria Bhutoria, has delved deeper into transaction value on the bitcoin network. The ledger, which uses the unspent transaction output (UTXO)...Read More
Scalability is still a point of concern for Bitcoin — but clever minds continue to produce innovative proposals to resolve bottlenecks. One of the specific scalability concerns is the growth of the unspent transaction output (UTXO) data set held by Bitcoin nodes. This is the list of all (fractions of) bitcoin in existence and details...Read More
