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 ...
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.
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 ...
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 ...
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 ...
Bitcoin Miners Are Selling Their Profit Aggressively: Report
Bitcoin miners have been selling relatively aggressively in the aftermath of the collapse of crypto exchange ...
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 ...
Alameda Falls, Why wBTC Loses Peg?
Wrapped Bitcoin (wBTC), pegged 1:1 to Bitcoin (BTC), is actively snatching news media headlines. The world-famous ...
Long-term Forecast for Bitcoin Is Bearish.
Data from CryptoQuant shows that the Exchange Inflow CDD, which measures Bitcoin inflows into spot exchanges ...
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. ...
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 ...
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 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 ...
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