Please don’t skip this message — it only takes a minutes to read. Sorry to bother you, but time is running out.

Bitcoin is freedom. If you think independent, ‘bitcoin-only’ media is important, if you believe information and education about bitcoin matters for adoption, and if you have gained something from our work, we would be grateful if you could chip in $21. 

Join the 2% of our readers who occasionally make a donation. If everyone reading this donated just $21, we would reach our target in a couple of hours. $21 is all we ask for. To cover the cost for our servers, editors, writers, and thumbnail artists we rely on our readers’ generous support. 

How You can chip in:

  • Send sats as a tip to a writer. All of our writers have an active tipping widget.
  • Join our campaign on 
    Awesome perks are waiting for you such as the limited edition Bukele Blend Coffee from El Salvador.

Your support ensures that Bitcoin News stays independent with a laser focus on Bitcoin and only Bitcoin.


Bitcoin Accumulation is Heating Up

Support free writers: > send a tip

written by

Unspent transaction outputs (UTXO) for Bitcoin have reached an all time high, a marker that many observers are treating as yet another sign that people are once more accumulating the cryptocurrency. The year 2019 has been increasingly billed as the period of accumulation for Bitcoin holders, and this is just the latest in a series of growing indications that this is in fact the case.

UTXOs are simply outputs on the Bitcoin blockchain that have yet to be spent as inputs. The last time they were in a peak was towards late 2017 and early 2018 at the height of a frenzied Bitcoin market, and they hit rock bottom in mid-2018 but have been picking up since.

Twitter user fil₿fil₿ shows a chart showing the steadily rising level of UTXOs.

Earlier this year, it was noted that the top 100 rich list addresses for Bitcoin had been growing even bigger, a sign that the world’s richest bitcoin holders have taken the opportunity of low prices to add to their already significant holdings. The same was also observed with Ether, with Bitcoin News reporting on Diar’s research figures that Ether whales had increased their holding by four-fold since 2017.

Despite all the positive signs for both Bitcoin and Ether, however, neither asset has been able to show strong bullish patterns in the market. At time of writing, Bitcoin is making a fresh surge towards $4,100 as it resumes another bid to break resistance levels at this current price zone, while Ether appears to be testing resistance just above the $140 mark.


Follow on Twitter: @bitcoinnewscom

Telegram Alerts from

Want to advertise or get published on – View our Media Kit PDF here.

Image Courtesy:

Help spread this article :) is NOT INVESTMENT ADVICE

Opinions expressed are entirely their own and do not necessarily reflect those of

For informational purposes only. Individuals and entities should not construe any information on this site as investment, financial, legal, tax, accounting or other advice. Information provided does not constitute a recommendation or endorsement by to buy or sell bitcoin, cryptocurrencies or other financial instruments. Forecasts are inherently limited and cannot be relied upon. Do your own research and consult a professional advisor. The opinion of authors do not reflect those of 


bitcoin shop miami

Read More Bitcoin News

Hayek And Bitcoin

Hayek and Bitcoin

Hayek passed long before Bitcoin’s inception, but in his book The Denationalisation of Money, he argued for nothing short of stripping the state of its monopoly power of money itself.

Read More »


bitcoin shop miami

Join our Newsletter

Video of the Week


Latest on Bitcoin News

Join our Newsletter