Here’s Why Bitcoin’s $90K-$110K Consolidation Could Ignite Major Gains
Bitcoin’s monthly chart is showing promising signs as the cryptocurrency continues its impressive journey. As highlighted by SuperBro, an analyst,
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.
Bitcoin’s monthly chart is showing promising signs as the cryptocurrency continues its impressive journey. As highlighted by SuperBro, an analyst,
Bitcoin, a leading digital currency, has seen a notable transaction in the past 24 hours. The U.S. Government transferred 58.742
Bitcoin, a leading digital currency, experienced a noteworthy rally after a sluggish start this month. Crypto analyst CryptoJelleNL recently highlighted
Real Bedford FC (RBFC), a UK-based football club backed by Winklevoss Capital, has recently made headlines with its substantial investment
Metaplanet Inc. has completed its planned Bitcoin acquisition, totaling 1 billion yen. This purchase follows an announcement on June 24,
Renowned analytical platform Santiment reported that President Biden’s withdrawal from the upcoming US presidential election caused a minor panic drop
The last week ended with a Bitcoin’s bounce over $66K and most of the coins traded with green candles. Its
Vitalik Buterin, co-founder of Ethereum, recently addressed the ongoing debate over the decentralization of Ethereum compared to Bitcoin. During his
The cryptocurrency market has seen a significant surge, with Bitcoin trading above $66,000. This boost has lifted the top ten
Ali Martinez, an analyst on X, has provided insights into Bitcoin’s current market movements. According to Ali, the TD Sequential
Renowned Crypto analyst Andrew Kang recently suggested that Bitcoin (BTC) might soon be recognized as a national asset held as
Bitcoin is currently trading below $64,000, as highlighted by CryptoRank, a top analysis firm. This drop reflects a broader trend
© Cryptotale. Blockchain News Media. All Rights Reserved.