• 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.

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BTC May Be Nigeria’s Legal Tender Next

BTC May Be Nigeria’s Legal Tender Next

El Salvador cemented its milestone in the books of history by being the first country with Bitcoin (BTC) as a

Market News
Bitcoin Trades at $16,538,End of Year Sell Off Coming?

Bitcoin Trades at $16,538,End of Year Sell Off Coming?

Bitcoin price analysis indicates Bitcoin is currently trading at $16,538 after a minor decline of 0.48% in the past 24

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MicroStrategy Adds 2500 BTC Pushing Bag Size to 132,500 Bitcoin

On Wednesday, Bitcoin maximalist Michael Saylor revealed that MicroStrategy had bought 2,500 Bitcoins. According to an SEC filing, MicroStrategy had

Market News
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Bitcoin Celebrates 14th Birthday Next Week; What Lies Ahead?

In 2008, a white paper was published under the name of Satoshi Nakamoto titled: Bitcoin: A Peer-to-Peer Electronic Cash System.

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El Salvador is Educating Students on Bitcoin to Boost Adoption

By teaching students, the El Salvadoran government is making strides toward its goal of fostering universal acceptance of bitcoin. Even

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Bitcoin Price Analysis:  BTC remains pressured below 21-day EMA; what’s next?

Cryptocurrency prices harness modest gains on Monday amid a trading holiday in the U.S. market. Bitcoin price (BTC) started the

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Bitcoin Hash Rate Dropped By Nearly 40% As 2022 Comes to an End

The hashrate for Bitcoin saw a significant decrease of nearly 40% in only one day as a direct result of

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Peter Schiff’s Sell BTC ‘Smart Move’ Chart

Peter Schiff has long been vocal about Bitcoin (BTC). Europac’s Chief Economist and Global Strategist terms selling Bitcoin now a

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BTC Tops 10 Globally Googled Cryptocurrencies in 2022

BTC Tops 10 Globally Googled Cryptocurrencies in 2022

Cryptocurrencies haven’t been failing to steal the news spotlights in 2022 for various reasons. Given the Federal Reserve’s crypto stances

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Michael Saylor Talks FTX Collapse in Daniel Prince Podcast

Michael Saylor, the Bitcoin enthusiast and founder of MicroStrategy, recently made an appearance on a crypto podcast hosted by Daniel

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Bitcoin Lightning Network Enabling Instant UK-Philippines Remittance

Through its new partnership with Pouch, Coincorner’s Send Globally will enable customers in the United Kingdom or the European Union

Crypto Exchanges
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Over the Past Decade, Bitcoin Holders Have Been Steadily Transferring Their Funds Away From Exchanges

Bitcoin’s funds have been increasingly moving off exchanges in the past 10 years. This suggests that investors are becoming more