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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Dormant Bitcoin Whale Awakens, Moves 100 BTC Worth $12.5M
Dormant Bitcoin whale awakens after 12 and a half years, moving 100 BTC valued at $12.49M. Whale holds 591 BTC…
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Bitcoin’s Uptober Frenzy: Are New Highs Just Days Away?
Bitcoin rises 14% this week, maintaining strong momentum after breaking key resistance. October delivers 20.62% average gains for Bitcoin, reinforcing…
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JPMorgan Predicts Bitcoin Rise With Fair Value Seen at $165K
Bitcoin is now valued near $119K and JPMorgan foresees fair value climbing to $165K Retail traders drive ETF inflows, while…
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Bitcoin Surges to $119K as Crypto Market Value Hits $4.3T
The global crypto market cap soared to $4.32 trillion with daily trading at $101B. Bitcoin reached $119K and Ethereum climbed…
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Bitcoin (BTC) Surges Above $116,000 With Uptober Momentum
Bitcoin breaks above $116K after days of consolidation, signaling renewed momentum. Q4 has averaged 78.88% gains, with Bitcoin (BTC) eyeing…
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BlackRock’s IBIT Overtakes Deribit in Bitcoin Options Race
IBIT’s Bitcoin options open interest hits $38 billion, surpassing Deribit’s $32B. billion IBIT achieved $70 billion AUM in 341 days,…
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Eric Balchunas Highlights ETFs’ Crucial Role in Bitcoin’s Growth
Balchunas argues that ETFs and strategic buying prevented Bitcoin from crashing from $30K to $10K. ETFs absorbed Bitcoin sell-offs, providing…
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NYDIG Pushes Bitcoin Treasury Firms to Reject mNAV Metric
NYDIG warned mNAV distorts value by excluding debt and additional business assets. The Strive-Semler merger served as an example of…
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El Salvador Adds 8 Bitcoin, Reserves Hit Above $690 Million
El Salvador’s Bitcoin holdings rose by 51 BTC this month, now valued above $690 million. IMF loan terms urged restraint,…
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UK Firm B HODL Starts Bitcoin Treasury with 100 BTC Buy
B HODL Plc entered the Bitcoin treasury market by buying 100 BTC worth $11.3 million. The company is listed in…
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CfC St. Moritz Partners with Sygnum Bank for Bitcoin Reserve
CfC St. Moritz announces a Bitcoin reserve, allocating 25% of its treasury to the asset. Sygnum Bank partners with CfC…
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Bitcoin Faces $280M Long Liquidations Near $112K Support
Crypto markets face $1.7B liquidations as Bitcoin drops below $112K before rebounding. Traders await Powell’s speech to see if Q3…
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