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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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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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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