• 01 September, 2024

Tag: Bitcoin (BTC) News

Bitcoin (BTC) is the pioneer cryptocurrency launched by pseudonymous Satoshi Nakamoto in 2009. While Bitcoin remained an alien in the initial phase without much recognition, it soon emerged as a game changer that revolutionized the financial sector.

Bitcoin introduced the idea of a decentralized payment network that eliminates the need for a third party. Bitcoins are created, distributed, and stored on a decentralized ledger called blockchain. Leveraging the peer-to-peer (p2p) technology eliminates the presence of a central authority such as banks; bitcoin is open-source.

The smallest unit of Bitcoin is named by the inventor’s name- satoshi. Notably, 1 satoshi is 0.00000001 BTC. BTC has a maximum supply of 21 million tokens and the Bitcoin Halving event controls the rate at whch new tokens injected.

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.

News
BTC’s Recent Price Dip Shifts Coin Profitability, Amplifying Market Sensitivity

BTC’s Recent Price Dip Shifts Coin Profitability, Amplifying Market Sensitivity

In a significant development for the world’s leading cryptocurrency, Bitcoin, a recent downward move in its price from $27.3K to

News
Bitcoin’s Fate Hangs in the Balance: $25,300 and $20,000 Support Levels Loom

Bitcoin’s Fate Hangs in the Balance: $25,300 and $20,000 Support Levels Loom

The future of Bitcoin is at a critical juncture as experts predict that the cryptocurrency’s price could plummet to $25,300

Market News
Bitcoin Analyst Anticipates a Promising Future as Prices Mirror 2019 Trends

Bitcoin Analyst Anticipates a Promising Future as Prices Mirror 2019 Trends

Crypto expert Rager predicted that the current Bitcoin price movement resembles that of 2019, foreshadowing a potential bull market in

News
Bitcoin Hodlers Gain Confidence as Exchange Reserves Drop in May 2023

Bitcoin Hodlers Gain Confidence as Exchange Reserves Drop in May 2023

The cryptocurrency world is witnessing a surge in investor sentiment as Bitcoin exchange reserves continue to decline, signaling a strengthening

News
Bitcoin’s Long-Term Strength: 200-Week Moving Averages Provide Solid Support

Bitcoin’s Long-Term Strength: 200-Week Moving Averages Provide Solid Support

As Bitcoin continues to captivate investors and enthusiasts alike, its higher time frames revealed an intriguing pattern that might ignite

News
US Debt Ceiling Melts Bitcoin: Explains Crypto Analyst

US Debt Ceiling Melts Bitcoin: Explains Crypto Analyst

Ran Neuner, the co-founder, and CEO of the crypto asset and blockchain investment fund, Onchain Capital, recently shared his insights

News
BTC Explodes to New Yearly Highs: Predicts Crypto Analyst

BTC Explodes to New Yearly Highs: Predicts Crypto Analyst

Crypto analyst and derivatives trader Tone Vays, in his recent YouTube video, threw light on the potential of the leading

News
China Plans To Boost Bitcoin And Altcoins, Revealing Surprising Hikes

China Plans To Boost Bitcoin And Altcoins, Revealing Surprising Hikes

In an interview with crypto expert Sheldon the Sniper, Crypto Banter founder Ran Neuner, discussed the recent Bitcoin price surge.

News
Whales Surge in Enthusiasm for Bitcoin as Dozens of High-Value Addresses Emerge

Whales Surge in Enthusiasm for Bitcoin as Dozens of High-Value Addresses Emerge

In recent weeks, the Bitcoin network has seen a surge in new whale addresses, with approximately 30 accounts holding 1,000

News
Bitcoin, Altcoins are in the Accumulation Zone Before 2024 Bull Run; Says Crypto Entrepreneur

Bitcoin, Altcoins are in the Accumulation Zone Before 2024 Bull Run; Says Crypto Entrepreneur

Michaël van de Poppe, the founder, and CEO of the crypto investments community, MN Trading, has stated in a YouTube

Market News
XRP/BTC Breaks Major Trendline Resistance, Showing Bullish Potential

XRP/BTC Breaks Major Trendline Resistance, Showing Bullish Potential

In the daily TimeFramee chart, XRP/BTC has finally broken through the major trendline resistance, indicating a potentially bullish trend. The

Market News
Bitcoin Remains Resilient Amidst Healthy Correction; Analyst Says

Bitcoin Remains Resilient Amidst Healthy Correction; Analyst Says

Bitcoin, the leading cryptocurrency, continues to display resilience despite a recent pullback, as observed by renowned market analyst Michaël van