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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Florida Bitcoin Bill Proposes 10% State Reserve Allocation
Florida lawmakers propose investing state funds in Bitcoin to protect against inflation. The bill allows Bitcoin tax payments and ensures…
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Tesla Gains $600M from Bitcoin as New Rules Change Finance
Tesla gained $600M from Bitcoin in Q4 as new rules changed how firms report assets. The company holds 11,509 BTC…
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Strategy Acquires 7,633 BTC as Metaplanet Expands Holdings
Strategy increased its Bitcoin holdings to 478,740 BTC after buying 7,633 BTC for $742.4M. Metaplanet plans to secure 10,000 BTC…
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Bitcoin Hash Rate Hits Record 931.69 EH/s, Boosting Security
Bitcoin hash rate has hit a new record of 931.69 EH/s, ramping up network security. Since the halving event, Bitcoin’s…
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Saylor Claims That He Takes The Torch of Satoshi to Commercialize Bitcoin
Michael Saylor envisions himself as Bitcoin’s link from Satoshi Nakamoto to institutions. Strategy’s Bitcoin holdings hit $45.77B with $2.5B bought…
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National Bank of Poland Rejects Bitcoin as a Reserve Asset
The National Bank of Poland ruled out incorporating Bitcoin into its reserves. Poland’s regulatory chief emphasized that Bitcoin fails to…
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“100% Altseason Coming” – Analyst Forecasts Altcoin Revival
Altseason is still delayed as major altcoins struggle to ignite the anticipated market rally. Despite the downturn, Ash believes the…
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Bitcoin Faces Critical Test: Can It Maintain Bullish Momentum?
Bitcoin hovers near $97K, testing key support; a breakout above $100K could trigger gains. Facing pressure around $97K, key levels…
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Bitcoin Jumps 1.49% After Eric Trump’s Pro-Bitcoin Tweet
Eric Trump’s BTC tweet drove a 1.49% surge, boosting volume on major exchanges. Bitcoin’s RSI hit 62.92, signaling a near-overbought…
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Bitcoin Strategy Propels Metaplanet to New Market Heights
Metaplanet’s Bitcoin adoption led to more than 5,000% growth in trading volume. The stock price reached ¥5,130, marking an eight-year…
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Market Watch: Crypto Shifts from Greed to Fear, What’s Next?
Bitcoin faces resistance at $105,000 as market sentiment shifts from greed to fear. Over $480M liquidated in 24 hours, signaling…
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MSTR Founder Saylor Holds Back BTC Buy After 12 Weeks
MicroStrategy paused Bitcoin purchases after a 12-week streak of consistent buying. Bitcoin’s price dropped to $98K due to growing tensions…
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