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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Bitcoin is Not a Threat to the US Dollar: Goldman Sachs CEO
David Solomon views Bitcoin as speculative and not a competitor to the US dollar. Goldman Sachs is heavily invested in…
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Bank of America Prepares for Crypto Payment Revolution
Bank of America plans crypto adoption if regulatory clarity is established for transactions. CEO Brian Moynihan confirms readiness with hundreds…
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El Salvador Defies IMF Deal with New $1M Bitcoin Purchase
El Salvador made another Bitcoin purchase shortly after securing a $1.4B IMF funding deal. Tether announces of relocating its base…
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Bitcoin Hits Record High as MicroStrategy’s Saylor Eyes BTC Buy
Bitcoin Hits $109K as El Salvador Adds 11 BTC and Bhutan Increases Holdings to 11,055 BTC MicroStrategy Hints at BTC…
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Market Sees $1.24B Liquidations as Bitcoin Jumps From $99,000 To $109,000
Over 409,000 traders faced massive liquidations as BTC ranged between $99,471 and $109,114. $913.77M in long positions wiped out, with…
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Pro-Crypto Policies Under Trump Fuel Bitcoin Reserve Hope
Market confidence in pro-Bitcoin policies surged sharply in January. In a 6-hour chart, predictions reveal a 65% chance of Trump…
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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…
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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…
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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…
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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…
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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…
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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…
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