• 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.

Market News
Analysts Predict Bitcoin Surge to $83,035: Is the Bull Run Just Beginning?

Analysts Predict Bitcoin Surge to $83,035: Is the Bull Run Just Beginning?

Amidst the exhilarating surge of Bitcoin to its latest all-time high of $72,700, the cryptocurrency landscape paints a picture of

Market News
Bitcoin Soars: MicroStrategy and El Salvador Attain Success

Bitcoin Soars: MicroStrategy and El Salvador Attain Success

Major Bitcoin holder American software company MicroStrategy has purchased an additional 12,000 Bitcoin for $821.7 million. This brings their total

Market News
Analyst Foresees Unprecedented Extension of BTC Bull Run Beyond Historical Peaks

Analyst Foresees Unprecedented Extension of BTC Bull Run Beyond Historical Peaks

In a groundbreaking analysis shared via a recent X post, esteemed cryptocurrency analyst Rekt Capital has delved into the intriguing

Markets
Following Historical Patterns, Will BTC Top Out in the Next 9–12 Months?

Following Historical Patterns, Will BTC Top Out in the Next 9–12 Months?

Bitcoin has recently surpassed its previous all-time high (ATH), sparking discussions and predictions about its potential trajectory in the coming

Markets
Bitcoin Bulls Roar: Macro Events Signal Explosive Rally Ahead

Bitcoin Bulls Roar: Macro Events Signal Explosive Rally Ahead

The cryptocurrency market is on the edge of its seat as two significant macroeconomic events loom: the Consumer Price Index

News
South Korea’s Bitcoin Frenzy Returns, Kimchi Premium Hits 2-Year High

South Korea’s Bitcoin Frenzy Returns, Kimchi Premium Hits 2-Year High

South Korea’s cryptocurrency market is experiencing a resurgence with trading volumes on domestic exchanges surpassing those of the local stock

Market News
Analysts Predict Bitcoin’s Path to $150,000 Amidst Halving Event

Analysts Predict Bitcoin’s Path to $150,000 Amidst Halving Event

The current Bitcoin bull cycle has defied expectations with its resilience, primarily attributed to the influx of institutional capital into

Market News
Bitcoin Hits 2021 Peak: Analysts Spot BTC’s Struggle Around the $70K Mark

Bitcoin Hits 2021 Peak: Analysts Spot BTC’s Struggle Around the $70K Mark

Bitcoin’s market is experiencing notable fluctuations, showing its highest weekly close since 2021. In a detailed thread, analyst Skew has

Market News
Bitcoin Hits Historic $70K Milestone Amid Mixed Market Sentiments

Bitcoin Hits Historic $70K Milestone Amid Mixed Market Sentiments

In a historic moment for the digital currency world, Bitcoin achieved a new all-time high, soaring to $70,199 on Coinbase.

Markets
Will Bitcoin Break Through $66k? Experts Weigh In on the Pre-Halving Rally

Will Bitcoin Break Through $66k? Experts Weigh In on the Pre-Halving Rally

The Bitcoin market is currently abuzz with anticipation as investors eagerly await the culmination of the pre-halving rally, as per

Market News
Bitcoin’s Landscape Altered: Key Players Stand Firm Amidst Volatility 

Bitcoin’s Landscape Altered: Key Players Stand Firm Amidst Volatility 

Bitcoin continues to showcase its resilience and dynamic nature, particularly in the face of recent market fluctuations following its peak.

News
SEC Delays Decision on Bitcoin ETF Options Trading Until Late April

SEC Delays Decision on Bitcoin ETF Options Trading Until Late April

The United States Securities and Exchange Commission (SEC) has recently extended its review period for the approval of options trading