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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Altseason Nears as BTC Dominance Falls and $296M Flows Into ETH
BTC dominance dropped from 65% to 60% in July after rejecting a seven-year trendline. Ethereum saw $296.5 million in inflows,…
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UK Government to Sell $7 Billion in Seized Bitcoin
UK eyes $7B Bitcoin sale amid fiscal crunch, sparking memories of gold sell-off misstep. Bitcoin windfall may plug UK’s £20B…
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Trump’s Pro-Crypto Support Grows with 2018 Senate Video Clip
Trump has called Van Valkenburgh’s 2018 Bitcoin testimony the greatest explanation of all time. The video highlights Bitcoin as a…
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A Crypto Whale Made A Massive Move of 7,743 BTC Worth $916M From Coinbase
A whale moved 7,743 BTC worth $916M and pulled the Bitcoin price down to $116K fast. Galaxy Digital added 4,500…
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French lawmakers Propose Bitcoin Mining With Surplus Energy
French lawmakers propose using surplus energy for Bitcoin mining in a five-year trial. The plan aims to reduce nuclear modulation…
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Cantor Fitzgerald Nears $4B SPAC Deal to Buy Bitcoin
Cantor Fitzgerald may acquire over $4B in bitcoin through a major SPAC deal with Blockstream. Adam Back is expected to…
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Bitcoin Volatility Drops as Adoption and Regulation Increase
Bitcoin’s volatility has declined to historic lows despite a 75% price surge since November. Over $50 billion has flowed into…
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Ripple CTO Defends Bitcoin as Key Financial Base Layer
Bitcoin’s core value lies in its role as a secure, trust-minimized settlement layer. Off-chain applications boost Bitcoin’s utility without undermining…
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BlackRock’s IBIT ETF Hits $88B AUM, Ranks 20th in US
BlackRock’s IBIT is on track to reach $100B AUM, fueled by flows and the Bitcoin surge. In just 1.5 years,…
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Strategy Adds 4,225 Bitcoin for $472 million, Now Holds Over 600K BTC
Strategy acquired 4,225 BTC in a week, boosting its total holdings to 601,550 BTC. Over $472M in bitcoin was funded…
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Bitcoin Flips Amazon’s $2.3T, Satoshi Ranks 11th Richest Person
Bitcoin surpasses Amazon’s $2.3T market cap, becoming the world’s fifth-largest asset overall. Satoshi Nakamoto’s 1.096M BTC holdings are now worth…
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Bitcoin Tops $122K After Inflation Drops and Bulls Stay in Control
Bitcoin sets a new ATH at $122,540, with a strong bullish trend in place The inflation rate dropped to 0.092…
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