Bitcoin ‘UTXOs in Loss’ at Record Highs Amid Price Sell-Off

2019-12-18 20:20

A key metric is hovering at record highs, suggesting investors are likely holding bitcoins even when deep in the red.

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Everyone is aware that 2017 was a year of huge highs for Bitcoin, with the cryptocurrency proving itself to be the most resilient. The form of spending hit a record high of $19,796 per coin last year, sending the world into overdrive about what Bitcoin actually is and how it’s performing so well (especially considering it’s still difficult to spend in the majority of stores).

2018-6-20 08:00


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Bloomberg TV Fundstrat cofounder Tom Lee says bitcoin futures contracts could be linked to the cryptocurrency’s “gut-wrenching” decline.

LONDON – A Wall Street analyst known for his bullish stance on bitcoin has flagged the possibility that bitcoin futures contracts could be hurting the cryptocurrencies price. CME Group and CBOE both launched bitcoin futures products in December when bitcoin was trading close to record highs around $20,000. Bloomberg reports that Lee wrote that traders

2018-6-18 15:10