• 23 November, 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
Bitcoin ETFs Rebound Strong; Ethereum ETFs Hit 6-Week High

Bitcoin ETFs Rebound Strong; Ethereum ETFs Hit 6-Week High

U.S. spot Bitcoin exchange-traded funds (ETFs) surged on Monday, Nov. 6, reversing a three-day decline with approximately $621.90 million in

Markets
Bitcoin Hits New All-Time High; Gold and Silver Prices Drop

Bitcoin Hits New All-Time High; Gold and Silver Prices Drop

Bitcoin has hit a new high of $76,500. This spike comes after Donald Trump was chosen as the next president

Markets
Investors Eye Bitcoin’s Bull Run Fueled by Trump’s Victory

Investors Eye Bitcoin’s Bull Run Fueled by Trump’s Victory

The crypto community closely watches as the United States finalizes its presidential election results. Nevertheless, Trump’s confident proclamation of becoming

Markets
Crypto Market Reacts to U.S. Election with Major Gains

Crypto Market Reacts to U.S. Election with Major Gains

The price of Bitcoin rose to an all-time high on Wednesday, surpassing the $75,000 mark. After Donald Trump claims victory

Markets
Bitcoin Reaches New Heights with Trump’s Rising Election Odds

Bitcoin Reaches New Heights with Trump’s Rising Election Odds

According to recent data from Polymarket, Donald Trump is poised to win the 2024 presidential election. Polymarket shows that he

Market News
Bitcoin Struggles to Hold $70K as Whale Activity Declines

Bitcoin Struggles to Hold $70K as Whale Activity Declines

Bitcoin, the world’s largest cryptocurrency, has had trouble holding onto its value above $70,000, a key level it has tried

Markets
Marathon and Riot Boost Bitcoin Output Amid Record Difficulty

Marathon and Riot Boost Bitcoin Output Amid Record Difficulty

Bitcoin’s mining difficulty surged to a new record of 101.6 trillion. This reflects the intense competition among miners as they

Markets
Mt.Gox Moves $2.2B BTC to Two Unknown Wallets: Report

Mt.Gox Moves $2.2B BTC to Two Unknown Wallets: Report

Mt.Gox has come under the headlines for yet another transfer, but this time, it is stated to be the largest

Markets
Bitcoin Trades Below $69K; Altcoins Gain While Top Coins Dip

Bitcoin Trades Below $69K; Altcoins Gain While Top Coins Dip

The entire cryptocurrency market is showing signs of a downtrend, especially with some of the 10 cryptocurrencies trading in the

Markets
Bitcoin Nears $70,000: Potential $1B Liquidations Ahead

Bitcoin Nears $70,000: Potential $1B Liquidations Ahead

A Bitcoin liquidation heatmap shows major liquidations at $70,000 and above. If Bitcoin’s price hits this mark in a possible

Features
Will Bitcoin Prices Take a New Lift After the US Elections?

Will Bitcoin Prices Take a New Lift After the US Elections?

As the United States gears up for the 2024 presidential election, Bitcoin’s price trajectory has become a focal point for

Features
Bitcoin Whitepaper: The Start of Decentralized Finance

Bitcoin Whitepaper: The Start of Decentralized Finance

In 2008, a nine-page document introduced an idea that would change finance, technology, and society. Known as the Bitcoin Whitepaper,