• 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
Gemini Continues to Expand as Whales Amass Bitcoin on the Exchange

Gemini Continues to Expand as Whales Amass Bitcoin on the Exchange

Cryptocurrency exchange Gemini has expanded to five more European countries as part of a wider rollout. Investors in Denmark, Sweden,

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Rich Dad Poor Dad Author Touts Bitcoin as Sentiments Turn Bullish

Rich Dad Poor Dad Author Touts Bitcoin as Sentiments Turn Bullish

Robert Kiyosaki, investor, entrepreneur, and author of books on financial literacy, has once again tweeted his support for Bitcoin while

News
Cathie Holds $100,000 Worth of Bitcoin That She Purchased Years Ago at $250 per Coin

Cathie Holds $100,000 Worth of Bitcoin That She Purchased Years Ago at $250 per Coin

As a self-proclaimed early adopter of bitcoin, Cathie Wood rarely shies away from making bold predictions about the space. The

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Analyst That Predicted Bitcoin Bear Has Mentioned Upcoming BTC and ETH Rally

Analyst That Predicted Bitcoin Bear Has Mentioned Upcoming BTC and ETH Rally

Before the massive bitcoin crash earlier this year, a pseudonymous analyst had predicted this trend. The analyst is widely popular

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Can Bitcoin’s Value Fall by Half Next Month, Similar to What Happened in November 2018?

Can Bitcoin’s Value Fall by Half Next Month, Similar to What Happened in November 2018?

Many analysts believe that BTC, now at $19k, is in a similar bear market as in November 2018, when prices

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48000 Bitcoin Leave Coinbase Pro as Dorman Wallets Come to Life

48000 Bitcoin Leave Coinbase Pro as Dorman Wallets Come to Life

According to in-chain data provider CryptoQuant, 48,000 Bitcoin were transferred out of the Coinbase Pro exchange, making it the largest

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Bitcoin Price Prediction – How Much Will It Be Worth in 2023 and Beyond?

Bitcoin Price Prediction – How Much Will It Be Worth in 2023 and Beyond?

Bitcoin, the world’s most popular cryptocurrency, has made enormous gains in popularity and value over the past few years. Since

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Bitcoin Mines 1 Block in 85 Minutes, Then Normalizes

Bitcoin Mines 1 Block in 85 Minutes, Then Normalizes

On Monday, it took longer than an hour to mine a block of bitcoin (BTC), keeping thousands of transactions at

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Bitcoin Miners Are at Risk of Losing It All’ Amid the Bearish Market

Bitcoin Miners Are at Risk of Losing It All’ Amid the Bearish Market

Bitcoin miners are facing serious risk, and it doesn’t look good. The BTC hashrate has risen to all-time highs, leading

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Overview of the Bank of Canada’s Bitcoin Ownership Survey Result 2021

Overview of the Bank of Canada’s Bitcoin Ownership Survey Result 2021

The Bank of Canada, which is the country’s central bank, published a research on the dynamics of Bitcoin knowledge and

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Rekt Capital’s “Realistic” Analysis Of Bitcoin Pre-Halving

Rekt Capital’s “Realistic” Analysis Of Bitcoin Pre-Halving

Trader and analyst Rekt Capital claims in his latest newsletter to have provided the “most realistic” extensive insights and analysis

Markets
Grayscale Files Brief Against US SEC

Grayscale Files Brief Against US SEC

Grayscale Investments the world’s largest digital currency asset security manager has filed a brief against SEC. This brief was submitted