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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El Salvador Adds 11 BTC, Boosting Total Holdings to 6,067 BTC
El Salvador has added 11 BTC worth $1.1M, increasing its national reserves to 6,067 BTC. The purchase follows the country’s…
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BTC Price Analysis: Key Indicators Point to a Critical Shift
Bitcoin trades at $95,527, holding a 3.36% profit margin as traders anticipate key levels. $255M in long liquidations signals heightened…
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Top 5 L1s: Building & Booming! Next Price Targets?
For anyone who wants to be involved in cryptocurrency and blockchain, it is vital to have a basic understanding of…
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Monochrome Group Expands to Singapore with BTC, ETH ETFs
Monochrome Group bags Bitcoin and Ethereum ETFs registration with Singapore’s MAS. The ETFs cater to accredited investors with a minimum…
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Bitcoin Struggles at $104,810: Will Bulls Regain Control?
Bitcoin failed to close above $104,810, a key resistance level, stalling bullish momentum. Analyst Zen noted declining volume near the…
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Is Michael Saylor the Next Target in Forbes Crypto Scandals?
Michael Saylor, CEO of Microstrategy got featured on Forbes as “The Bitcoin Alchemist” Saylor has accumulated over 470,000+ Bitcoins worth…
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SEC Approves Bitwise Bitcoin and Ethereum ETF on NYSE Arca
SEC approves Bitwise Bitcoin and Ethereum ETF for NYSE Arca trading. Grayscale files to convert its XRP Trust into a…
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Tether Pushes USDT to BTC as TRON Leads Stablecoin Transfers
Tether has launched USDT on Bitcoin’s Lightning Network to make transactions secure. TRON just saw a $1B USDT minting, proving…
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Bitcoin Pushes to $105K After Fed’s Move on Interest Rates
Bitcoin surged past $105,000 after the Fed paused interest rate hikes, boosting confidence. Fed held rates steady at 4.25-4.50% after…
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Indiana Proposes Bill Allowing Public Funds for BTC ETFs
Indian Representative Jake Teshka has proposed a bill, allowing public funds to invest in Bitcoin ETFs. The bill mentions how…
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FOMC Meeting: Will Rate Cuts Boost Bitcoin’s (BTC) Price?
Bitcoin faces pressure below $102K, with analysts forecasting a drop under $100K. A rate cut by the US Federal Reserve…
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Czech National Bank to Hold Bitcoin in Reserve Strategy
The Czech Bank aims to add Bitcoin to its reserves as part of a diversification plan. Governor Aleš believes Bitcoin…
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