• 31 August, 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
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Paolo Ardoino Takes Jab At BitGo CEO Over WBTC and What He Said 3 Years Ago

Three years ago in 2019, amidst USDT depegging, BitGo CEO Mike Belshe tweeted that “If I were tether / bitfinex,

News
Bitcoin Miners Are Selling Their Profit Aggressively: Report

Bitcoin Miners Are Selling Their Profit Aggressively: Report

Bitcoin miners have been selling relatively aggressively in the aftermath of the collapse of crypto exchange FTX and the subsequent

Markets
Bitcoin Price Analysis: An Obvious Bottom Is Taking Shape

Bitcoin Price Analysis: An Obvious Bottom Is Taking Shape

The bitcoin price has been under pressure since April’s drop, but with the break below $16500 now behind us, we’re

News
Alameda Falls, Why wBTC Loses Peg?

Alameda Falls, Why wBTC Loses Peg?

Wrapped Bitcoin (wBTC), pegged 1:1 to Bitcoin (BTC), is actively snatching news media headlines. The world-famous FTX-Alameda debacle’s domino effect

Crypto Exchanges
Long-term Forecast for Bitcoin Is Bearish.

Long-term Forecast for Bitcoin Is Bearish.

Data from CryptoQuant shows that the Exchange Inflow CDD, which measures Bitcoin inflows into spot exchanges by long-term holders, has

Crypto Exchanges
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10,000 BTC Moves off From a BTC-e Crypto Wallet Linked to MT. Gox Hack

A crypto wallet associated with the BTC-e exchange, which has been linked to the 2014 Mt. Gox hack, made its

Market News
Crypto Markets Stagnate After a Period of Relative Calm

Crypto Markets Stagnate After a Period of Relative Calm

The overall crypto market price analysis indicates the market has been in a consolidation phase for several days. Cryptocurrencies are

News
If BTC’s Price Falls Below $15,550, It Could Result in an Upswing to $18,784

If BTC’s Price Falls Below $15,550, It Could Result in an Upswing to $18,784

This week, the majority of cryptocurrencies are in a bearish zone and trading with major losses. Bitcoin (BTC) is no

News
Bitcoin Price Stoops to $16,600 Level After a Bearish Run

Bitcoin Price Stoops to $16,600 Level After a Bearish Run

Bitcoin price analysis for today shows that the cryptocurrency has experienced a bearish run, hitting an all-time low of $16,636. 

News
Nearly 60k BTC Unpegged From BTCB And Flowed Into Binance

Nearly 60k BTC Unpegged From BTCB And Flowed Into Binance

Binance recently received 59,151 worth of Bitcoin after it was unpegged from BTCB. On the BNB chain, the Bitcoin-pegged Token

News
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TRON Will Also Start Buying 1 BTC Everyday Starting Tomorrow Like El Salvador

Justin Sun, the creator of the Tron cryptocurrency network as well as an ambassador for Grenada, has made the announcement

News
Could a $17,000 Bitcoin Price Finally Be the Spark That Starts a Decent Increase?

Could a $17,000 Bitcoin Price Finally Be the Spark That Starts a Decent Increase?

Bitcoin price is struggling to gain traction above the $17,000 resistance level. A clear break above the $17,000 level might