Month: February 2024

Tom Lee’s Bitcoin Predictions Tom Lee of Fundstrat Global Advisors believes Bitcoin could reach $150,000 within 12 months due to rising demand and limited supply. Furthermore, Lee predicts it could hit half a million in five years depending on demand/supply dynamics. Lee believes regulatory uncertainty is helping propel Bitcoin forward, and has shared this reasoning… Continue reading Tom Lee’s Bitcoin Predictions

What is a Bitcoin UTXO? Each UTXO contains transaction data, including its original source. As soon as an output or transaction has been unlocked or completed, the blockchain network removes it from circulation and generates a new UTXO. Bitcoin blockchain allows the currency to address double spending issues without needing trusted parties, while providing an… Continue reading What is a Bitcoin UTXO?