Understanding Bitcoin UTXO: Mid-To-Long Term Holders Responsible For November Correction

Data reveals that mostly mid-to-long term holders were selling their Bitcoin during November, thus being responsible for the correction. Bitcoin UTXO Age Shows Mid-Term Holders Sold Their Coins In November As per the latest weekly report from Arcane Research, mid-term holders seem to be behind the decline in BTC’s price during the month of November. … Read moreUnderstanding Bitcoin UTXO: Mid-To-Long Term Holders Responsible For November Correction

Marathon Digital’s Bitcoin Production Fell in November as Maintenance Work Cut Capacity; Stock Sags

Bitcoin miner Marathon Digital Holdings (NASDAQ: MARA) produced 196 bitcoins in November, down from 417.7 in October, as maintenance and upgrades to its power generating stations in Hardin, Montana, cut computing power. “While these upgrades caused our miners in Hardin to operate below capacity in November, which negatively impacted our bitcoin production for the month, … Read moreMarathon Digital’s Bitcoin Production Fell in November as Maintenance Work Cut Capacity; Stock Sags

Avalanche, Layer 1 Tokens Soared in November as Ethereum Fees Drove Competition

Interest in so-called layer 1 tokens heated up during November as several top blockchain protocols pushed incentive programs, while gas fees on Ethereum network remained near all-time highs. “Layer 1″ refers to blockchains that run independently of other blockchains – as contrasted with “layer 2″ solutions that aim to speed up transactions on existing blockchains … Read moreAvalanche, Layer 1 Tokens Soared in November as Ethereum Fees Drove Competition