• 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.

Market News
Will Bitcoin break past the $20,000 resistance level?

Will Bitcoin break past the $20,000 resistance level?

The 21d Binary CDD seems to be confirming this narrative, as it has already passed through distribution and is now

News
What’s Next for Bitcoin? Will It Break Higher Soon?

What’s Next for Bitcoin? Will It Break Higher Soon?

Bitcoin’s growing affordability has led to an increase in the number of addresses holding between 10 and 1,000 $BTC. As

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Florida Conducive for Broader Crypto Adoption: Invezz Research

Digital asset regulations and enabling infrastructure go hand-in-hand in broader adoption of cryptocurrencies. Quantity of Bitcoin (BTC) ATMs, blockchain entities,

News
BTC Is Preparing for Another Surge Judging by Recent Patterns

BTC Is Preparing for Another Surge Judging by Recent Patterns

Bitcoin has dropped so far that it is now on a 4-year low, suggesting that its selloff risk is lower

News
Bitcoin Could Level up at $100k in the Next Halving Cycle:2024

Bitcoin Could Level up at $100k in the Next Halving Cycle:2024

Bitcoin’s market analysts have analyzed the historical price movements and are optimistic about Bitcoin’s performance in the upcoming halving event.

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Grayscale Highlights Some of Bitcoin’s Scariest Moments

A latest blog post from Grayscale examines some of Bitcoin’s biggest drawdowns in order to provide investors with potential lessons.

Market News
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Bitcoin’s UTXO Increases Significantly In This Bear Market, A Bottom May be in Sight

Bitcoin has experienced major price fluctuations and several prolonged bear markets. However, one indicator that may indicate that a bottom

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BTC’s Micro Addresses Unusually Shrink After FTX Mess

Bitcoin’s (BTC) micro addresses, holding $BTC equal to or less than 0.01, are exhibiting an unusual tendency following the FTX

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Overview of Known Physical Bitcoin Attacks in 2022

2022 has seen the cryptocurrency market suffer from extreme market volatility, strict regulations, crypto company failures and some of the

News
BTC’s Hash Ribbon Model Failed for the First Time; What Next?

BTC’s Hash Ribbon Model Failed for the First Time; What Next?

The Hash Ribbon model, which has been the industry standard for generating an estimate of Bitcoin value using a useful

Crypto Exchanges
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FTX Attackers Transferred $4.1m to OKX After Using Bitcoin Mixer ChipMixer

Hackers who stole over $450 million worth of assets from FTX and FTX.US only seconds after the doomed cryptocurrency exchange

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Brazil Regulators Legalize Crypto as a Means of Payment

Brazil’s Chamber of Deputies approved a regulatory framework legalising the use of cryptocurrencies as a means of payment in the