• 29 July, 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.

Markets
Analyst Unveils Stark Profit Disparities Among Bitcoin Cohorts: Report

Analyst Unveils Stark Profit Disparities Among Bitcoin Cohorts: Report

Ki Young Ju, the Founder and CEO of the analytical platform CryptoQuant, shared valuable insights into the unrealized profits of

Markets
Expert Reveals Bitcoin’s (BTC) Potential Turnaround Amid Market Turmoil

Expert Reveals Bitcoin’s (BTC) Potential Turnaround Amid Market Turmoil

Crypto analyst CrediBULL Crypto thoroughly examined the nature of Bitcoin’s price action, offering hope for those who may have acted

Markets
Bitcoin Faces Potential Decline to $58K Following Imminent Halving Event

Bitcoin Faces Potential Decline to $58K Following Imminent Halving Event

Bitcoin is on the verge of its fourth halving, a key event in the cryptocurrency world that typically influences its

News
Bitcoin Price May Fall After BTC Halving, JPMorgan Foresees

Bitcoin Price May Fall After BTC Halving, JPMorgan Foresees

JPMorgan Chase, a Wall Street giant, is throwing cold water on expectations of a sustained price surge for Bitcoin (BTC)

Markets
Bitcoin Market Sees Major Transactions Ahead of Halving Event

Bitcoin Market Sees Major Transactions Ahead of Halving Event

The crypto market has witnessed significant activity, with major Bitcoin transactions reported by Lookonchain, an onchain analytics platform. Four wallets

Markets
Bitcoin and Ethereum Dip Below Key Levels Amid Altcoin Plunge

Bitcoin and Ethereum Dip Below Key Levels Amid Altcoin Plunge

The cryptocurrency market experienced a downturn today, marked by Bitcoin (BTC) slipping below the $62,000 level and Ethereum (ETH) approaching

Markets
Bitcoin’s Halving: Will FUD Turn to FOMO? Analysts Weigh In

Bitcoin’s Halving: Will FUD Turn to FOMO? Analysts Weigh In

The recent downturn in Bitcoin’s market value, following a notable drop from its all-time high of $73.6K, has sparked significant

Markets
Bitcoin Poised for Price Surge After Halving, Analysts Predict

Bitcoin Poised for Price Surge After Halving, Analysts Predict

Bitcoin (BTC) miners are gearing up for the impending reward halving as analysts project a resurgence in the cryptocurrency’s value

Markets
Market Watch: Bitcoin Holds Below $64K Amid Varying Trends in the Crypto Market

Market Watch: Bitcoin Holds Below $64K Amid Varying Trends in the Crypto Market

Bitcoin is trading below the $64K mark as the crypto market has experienced diverse movements lately. Notably, the top 10

News
Gold Advocate Peter Schiff Warns of Bitcoin Bubble as Gold Prices Rise

Gold Advocate Peter Schiff Warns of Bitcoin Bubble as Gold Prices Rise

As gold prices continue to climb, economist and gold advocate Peter Schiff has issued a cautionary note against investing in

Markets
Bitcoin Faces Turbulent Market as Bids Cluster and Analysts Signal Caution

Bitcoin Faces Turbulent Market as Bids Cluster and Analysts Signal Caution

Bitcoin traders are closely monitoring the market as significant bid liquidity approaches the current trading range above $60,000. Recent data

Markets
Crypto Analyst Predicts $72K Resistance: A Short Squeeze Incoming?

Crypto Analyst Predicts $72K Resistance: A Short Squeeze Incoming?

Bitcoin’s price volatility is once again under scrutiny as traders and analysts closely monitor key technical indicators, suggesting a potential