• 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
BTC Leads Market Gains While Altcoins Face Varied Movements

BTC Leads Market Gains While Altcoins Face Varied Movements

Bitcoin has surged above $67,000, reflecting a continued rise. The broader cryptocurrency market, however, shows a mix of trends. While

Market News
Bitcoin’s $70K Rally Faces Obstacles Amid Social Media Hype

Bitcoin’s $70K Rally Faces Obstacles Amid Social Media Hype

The crypto market has shown volatility recently especially with Bitcoin attempting to recover to levels above $70,000 encountering resistance. The

Markets
Tesla Moves $765M Bitcoin to Unknown Wallets After 2 Years

Tesla Moves $765M Bitcoin to Unknown Wallets After 2 Years

Tesla has transferred almost its entire Bitcoin holdings, worth over $765 million, to new and unknown wallets. Data from Arkham

Markets
Trump Odds & MicroStrategy’s Bitcoin Spree Boost BTC Price

Trump Odds & MicroStrategy’s Bitcoin Spree Boost BTC Price

Bitcoin’s 14% surge in October is grabbing widespread attention. The cryptocurrency reached over $65,000 on Monday. According to a Bernstein

Markets
Bitcoin Surges Past $65K as Crypto Market Cap Reaches $2.41T

Bitcoin Surges Past $65K as Crypto Market Cap Reaches $2.41T

Bitcoin is trading above $65,000, as most cryptocurrencies perform well. On Tuesday, an X post on the analytical platform CryptoRank

Markets
MicroStrategy Leads S&P 500: 1,620% Stock Rise Since 2020

MicroStrategy Leads S&P 500: 1,620% Stock Rise Since 2020

MicroStrategy has turned out to be among the best performing stocks in the market. Since August 2020, its stock (MSTR)

Markets
BTC Shorts on the Verge of Liquidation as Price Nears $67k

BTC Shorts on the Verge of Liquidation as Price Nears $67k

Bitcoin’s price is hovering around $66,000, reaching its highest level since July 30. A significant event looms over the market

Markets
Bitcoin Surges Above $64K As SOL Leads Crypto Market Gains

Bitcoin Surges Above $64K As SOL Leads Crypto Market Gains

The analytical platform CryptoRank provided market data and revealed that Bitcoin (BTC) has risen above $64,000. In an X post

Market News
Analyst Predicts Gains as Bitcoin Nears Key Resistance Level

Analyst Predicts Gains as Bitcoin Nears Key Resistance Level

Bitcoin is trading right at the verge of a major resistance level based on the current price analysis as it

Learn
Who is Satoshi Nakamoto, the Creator Behind Bitcoin?

Who is Satoshi Nakamoto, the Creator Behind Bitcoin?

It is in our nature to seek the truth behind a mystery and as one of the biggest mysteries of

Features
A Comprehensive Review of Bitcoin Cash: Is BCH the Future?

A Comprehensive Review of Bitcoin Cash: Is BCH the Future?

Bitcoin Cash (BCH) was created in 2017 due to a hard fork of the main Bitcoin network. The idea was

Markets
Bitcoin Bull Markets Linked to U.S. Elections: Analyst

Bitcoin Bull Markets Linked to U.S. Elections: Analyst

Recent insights from Crypto Rover, an analyst on X, highlight a strong connection between U.S. elections and Bitcoin bull markets.