Bitcoin Holds Strong, as XRP and ADA See Declines: Analysis
CryptoRank reveals that BTC remains above $98K, with the overall market cap at $3.82T. XRP, Bitcoin, ...
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.
Why Lawrence Summers Calls Bitcoin Reserve “Crazy”: Report
Former Treasury Secretary Lawrence Summers rejects the idea of a government Bitcoin reserve. Summers says cutting ...
Bitcoin Can Experience A Set Back till $85K, But When?
BTC has marked a new ATH of $103,900., but technical analysis points to a set back. ...
Analyst Warns of Resistance as Bitcoin Awaits Post-ETF Peak
Analyst Benjamin Cowen suggests BTC nears resistance, citing miner-to-thermo cap ratio. Historical cycles hint at peak ...
Vancouver Mayor Calls Bitcoin the Greatest Invention: Report
Vancouver Mayor proposes to diversify the city’s financial reserves with Bitcoin integration. Mayor Sim calls Bitcoin ...
BTC’s Roller Coaster Ride: Massive Sell Wall Causes Slump
Bitcoin drops to $91,998 after hitting $103,583, with $4.8B in market liquidations. Crypto exchange OKX leads ...
Hut 8’s Bold $500M Plan To Boost Bitcoin Holdings: Report
Hut 8 plans to raise $500M by selling stock to increase its Bitcoin reserves and exposure. ...
The Story of Resilience: Journey of Bitcoin from $0-$100K
Bitcoin achieved its goal of $100,000 mark, creating history in the cryptocurrency world. Started in 2009 ...
Bitcoin is Irreplacebale in Mankind’s History of Transactions
Bitcoin has surpassed the $100k mark and traders worldwide are rejoicing. Saylor says that Bitcoin is ...
Traders Are Partying As Bitcoin (BTC) Hits $100K Milestone
Bitcoin breaks $100,000, hitting a historic high of $103,900, marking a major milestone. Peter Schiff critiques ...
Bitcoin Hits $100K: The Golden Moment For Crypto Industry
Bitcoin surpasses $100K, marking a historic milestone in the cryptocurrency market. Political endorsements and institutional interest ...
Bitcoin On The Verge of $100K: Will It Breakout In 2024?
Crypto Rover predicts Bitcoin could hit $100K by year-end, with a bullish breakout ahead. Bitcoin’s current ...
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