Crypto Exchanges Witness $400M Withdrawal Amid Market Correction
Crypto markets are currently experiencing a period of subdued performance, contrasting with the soaring heights observed in equities as noted
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.
Crypto markets are currently experiencing a period of subdued performance, contrasting with the soaring heights observed in equities as noted
Bitcoin has witnessed substantial movements, reflecting significant activity among large holders in the cryptocurrency market. As per Whale Alert data,
Bitcoin (BTC) is currently navigating critical support levels as it tests the 0.618 Fibonacci retracement level at $62,438.71. CryptoBusy, a
The cryptocurrency market has again shown its unpredictable nature, with Bitcoin trading below the $65,000 mark. Renowned analytical platform CryptoRank
Bitcoin has recently dipped below the critical support level of $65,800, now trading at $64,377.82. As highlighted by CryptoQuant, an
Renowned crypto analytical platform CryptoRank recently shared insights in an X post, shedding light on the current state of the
Standard Chartered has announced the launch of a dedicated spot trading desk for cryptocurrencies, specifically Bitcoin and Ethereum. This move
Bitcoin price lately has been of keen interest as it approaches a crucial resistance level. Top analyst Crypto Rover believes
Ki Young Ju, the CEO of CryptoQuant, recently highlighted that Germany’s government has recently made headlines in the cryptocurrency sphere
Bitcoin, a leading cryptocurrency, has been the subject of an insightful analysis by crypto expert Patel. Drawing from data on
MicroStrategy, the largest public holder of Bitcoin (BTC), has marked another significant milestone by acquiring 11,931 BTC for $786 million.
Bitcoin is currently trading in a tight range between $65,000 and $66,000, with market sentiment showing an extended period of
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