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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Utah Becomes the Second State to Accept Bitcoin Reserve Bill
Utah allocates 5% of public funds to Bitcoin, setting a precedent for other states. Utah’s Bitcoin Reserve Bill garners strong…
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Arizona Senate Advances Bitcoin Reserve Investment Bill
Arizona Senate advances SB1025, allowing 10% of public funds to be invested in Bitcoin. The bill moves to the Senate…
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The Blockchain Bulletin, Jan 28: Brazil Puts a Hold Over its World ID Project
Hey folks!! Welcome back to another edition of The Blockchain Bulletin. Today’s top performer in the crypto world is Jupiter…
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Bitcoin’s (BTC) Next Move: Key Economic Events to Watch
Traders are cautious ahead of key economic decisions from the FOMC, ECB, and U.S. data. FOMC, ECB interest rate decisions,…
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MicroStrategy Buys 10,107 BTC, Total Now 471,107 BTC: Report
MicroStrategy buys 10,107 Bitcoin for $1.1B, increasing its total holdings to 471,107 BTC. The firm financed the purchase by selling…
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Bitcoin’s Yellow Line Metric: Why $120K Could Spark a Drop
Bitcoin approaches $120K, facing a critical trendline that could spark major moves. A pullback to $80K is possible if $120K…
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Arthur Hayes Predicts Bitcoin Price Will Reach $70K
Bitcoin drops below $100K, triggering $1.23 billion in liquidations as the market faces pressure. Arthur Hayes forecasts further decline, with…
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Nasdaq Proposes In-Kind Bitcoin Redemptions for BlackRock Spot ETF
Nasdaq seeks SEC approval for in-kind Bitcoin ETF redemptions to boost trading efficiency. BlackRock’s Bitcoin ETF inflows hit $40B in…
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Kraken Donates $111K in BTC to Silk Road Founder Ulbricht
Kraken donates $111K in Bitcoin to help Ross Ulbricht rebuild his life after prison. Ross was pardoned by Donald Trump…
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BlackRock CEO Larry Fink Predicts Bitcoin Could Hit $700K
Larry Fink predicts Bitcoin could hit $700K if sovereign funds allocate 2-5% portfolios. Bitcoin is seen as a hedge against…
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