• 28 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.

News
Bitcoin’s Next Move: Decrypting the Market Sentiment Amidst Price Fluctuations

Bitcoin’s Next Move: Decrypting the Market Sentiment Amidst Price Fluctuations

Bitcoin’s recent price fluctuations have sparked a flurry of activity and speculation in the cryptocurrency market. With the current price

News
Crypto Market Turmoil: $480M Flees Bitcoin ETFs, What’s Next for Investors?

Crypto Market Turmoil: $480M Flees Bitcoin ETFs, What’s Next for Investors?

Over the past two days, the cryptocurrency market has witnessed a significant outflow from spot Bitcoin ETFs, totaling over $480

News
Potential Mid-Term Gains in the Wake of Bitcoin’s Price Slide to $61.7K

Potential Mid-Term Gains in the Wake of Bitcoin’s Price Slide to $61.7K

The cryptocurrency market has witnessed significant movements as Bitcoin plummeted to a two-week low of $61.7K lately, according to data

News
Bitcoin Bulls Persist: CryptoQuant Analysis Unveils Market Resilience

Bitcoin Bulls Persist: CryptoQuant Analysis Unveils Market Resilience

Renowned analytical platform CryptoQuant has unveiled, shedding light on the current state of Bitcoin following a recent selloff and providing

Markets
Bitcoin Hits ‘Danger Zone’ with 14% Decline Ahead of Halving

Bitcoin Hits ‘Danger Zone’ with 14% Decline Ahead of Halving

With Bitcoin’s imminent halving, the cryptocurrency market is holding its breath as the digital currency enters a crucial phase. Known

News
Bitcoin Takes a Dive on BitMEX: An 87% Drop Triggers Investigation

Bitcoin Takes a Dive on BitMEX: An 87% Drop Triggers Investigation

Bitcoin experienced an unusual drop on crypto trading platform BitMEX late Monday, plunging by 87% from an opening price of

Market News
Bitcoin’s Battle at $65K: Will Bulls Prevail or Bears Take Control?

Bitcoin’s Battle at $65K: Will Bulls Prevail or Bears Take Control?

Bitcoin’s volatility has investors on edge as the cryptocurrency sees a notable downturn, with prices hovering around $65,000. As highlighted

Markets
Bitcoin Enthusiasm Surges as Short-Term Holders Hold 48% of Realized Cap

Bitcoin Enthusiasm Surges as Short-Term Holders Hold 48% of Realized Cap

Amidst a recent surge in Bitcoin’s price, there has been a notable uptick in enthusiasm and accumulation among new investors.

Markets
Bitcoin Analyst Forecasts $100,000 Target as Long-Term Trend Holds Firm

Bitcoin Analyst Forecasts $100,000 Target as Long-Term Trend Holds Firm

A compelling narrative regarding Bitcoin’s trajectory has been unveiled by cryptocurrency analyst Jelle, suggesting that its multi-year descent within a

Market News
Bitcoin Rebounds Above $67K Amidst FOMC Volatility, Memecoins Surge

Bitcoin Rebounds Above $67K Amidst FOMC Volatility, Memecoins Surge

$BTC is back above $67K as the memecoin frenzy continues to push up $SOL and $AVAX, trading at $207.37 and

Market News
Bitcoin at Crossroads: Analyst Insights on Critical Levels and Continuation Pattern

Bitcoin at Crossroads: Analyst Insights on Critical Levels and Continuation Pattern

Bitcoin continues its journey through the volatile landscape of the market, with traders closely eyeing various indicators and patterns for

Market News
Bitcoin’s Weekend Surge: Is History Set to Repeat Itself?

Bitcoin’s Weekend Surge: Is History Set to Repeat Itself?

Bitcoin’s recent price movements have sparked intrigue among traders and investors alike, especially during the weekends. As highlighted by DaanCrypto,