Bitcoin News
While traditional finance and fiat currencies ruled the global economy, the pseudonymous Satoshi Nakamoto introduced Bitcoin (BTC), the pioneer cryptocurrency, in 2009. While Bitcoin remained an alien in the initial phase without much recognition, it soon emerged as a game changer, revolutionizing the financial sector.
Do you know how Bitcoin overpowered traditional finance? With the decentralized payment network that eliminates the need for a third party!
Created, distributed, and stored on a decentralized ledger called blockchain, Bitcoin leverages the peer-to-peer (p2p) technology. To be simple, Bitcoin is open-source, meaning the crypto eliminates the presence of a central authority such as banks.
Named after Satoshi Nakamoto, the smallest unit of Bitcoin is called satoshi. Notably, 1 satoshi is 0.00000001 BTC.
Bitcoin is not only known as a pioneer crypto, but it is also praised by many experts for its store of value and is considered a hedge against inflation. Read more on CryptoTale to learn how Bitcoin influences the crypto market and the global economy.
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Coinbase Revives Bitcoin Loans with Morpho DeFi Integration
Coinbase reintroduces Bitcoin-backed loans, offering up to $100K in USDC via Morpho protocol. Borrowers must maintain a 133% collateral ratio and loans are processed instantly in under a minute. Bitcoin-backed…
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Trump’s Executive Order Could Make U.S. A Global Crypto Hub
President-elect Trump will sign an executive order on Jan. 20 prioritizing crypto policy and forming a federal Bitcoin reserve. The executive order aims to make the U.S. a global crypto…
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Bitcoin Spikes to $100K as Trump’s Inauguration Approaches
As Donald Trump’s inauguration day approaches, Bitcoin touches $100,000 and retraces. BTC derivatives have an Open Interest of $62.53B and an Options Open Interest of $32.99B. RSI at 56.08 and…
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XRP Outpaces Bitcoin Following Ripple’s Legal Triumph
XRP’s rise showcases its strength even after years of ethical challenges with the SEC. Ripple’s XRP ledger drives adoption and boosts its long-lasting market position. Bitcoin’s dominance faces competition as…
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Oklahoma Follows Texas, Plans BTC as State Reserve Asset
Oklahoma proposes using Bitcoin in its state treasury to safeguard funds from inflation risks. The bill limits cryptocurrency investments to 10% of public funds ensuring responsible financial management. This move…
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Is Bitcoin’s Stellar 2024 Setting Stage for a Brighter 2025?
Bitcoin historically shows strong Q1 gains, with 2017 and 2021 setting bullish precedents. Analysts predict Bitcoin could break $130,000 in Q1 2025 despite recent pullback. The $94,000 price is seen…
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Metaplanet CEO Predicts Bitcoin Surge to $200,000 by 2025
Metaplanet CEO Simon Gerovich predicts BTC’s surge past $200k by the end of 2025. Gerovich states that if the US adopts the Bitcoin reserve, Japan & other Asian nations will…
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Crypto Market Soars: Bitcoin Nears $100K, Altcoins Surge
Bitcoin rises 6% in 2025, nearing the $100K mark, while XRP, ADA, XLM, and SUI grow faster. Crypto market cap hits $3.74T with Bitcoin dominance at 52.63%, showing 0.44% growth.…
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Bitcoin Faces Pressure as Coinbase Index Hits 12-Month Low
Coinbase Premium Index hits a one-year low, signaling a lack of institutional demand. Institutional demand for Bitcoin drops, leading to increased selling pressure. US investors are cautious, avoiding large BTC…
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Bitcoin: Celebrating 16 Years of Revolutionizing Finance
Bitcoin completes 16 years of inception, paving the way to a decentralized future. Launched in 2009, the mining of Genesis block (Block 0) conceived the birth of Bitcoin. Despite several…
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Michael Saylor Plans to “Burn the Keys” on His Bitcoin Holdings
MicroStrategy adds 1,070 BTC at $94,000, total holdings now 447,470 BTC worth $44.3B. Plans $2B stock offering, raising $42B by 2027, with $17.9B boost from fair-value accounting. Saylor has pledged…
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Bitcoin Hits $101K: Prospects of Reaching $104K Grows Strong
BTC nears $104K, driven by scarcity, institutional adoption, and growing investor confidence. Michael Saylor proposes burning Bitcoin keys post-death to boost scarcity and value. Metaplanet aims to expand Bitcoin holdings…
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