• 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.

Features
Bitcoin ETF Investment: Is Investing in Bitcoin ETFs a Right Choice?

Bitcoin ETF Investment: Is Investing in Bitcoin ETFs a Right Choice?

Over a decade after the initial application, the U.S. Securities and Exchange Commission (SEC) has finally sanctioned not just one

News
Coinbase’s Massive $7 Billion Bitcoin Sale Raises Concerns Amid ETF Surge

Coinbase’s Massive $7 Billion Bitcoin Sale Raises Concerns Amid ETF Surge

In a surprising turn of events, Coinbase, the leading cryptocurrency exchange, reportedly executed a staggering $7 billion worth of Bitcoin

Market News
Bitcoin Drops 7.03% as Investors Shift to New Low-Fee ETFs, GBTC Shares Decline

Bitcoin Drops 7.03% as Investors Shift to New Low-Fee ETFs, GBTC Shares Decline

As noted recently by Santiment, a renowned blockchain platform, the cryptocurrency market experienced a significant milestone last Wednesday with the

Market News
Analyst Hails Bitcoin ETF Launch as a Smashing Success

Analyst Hails Bitcoin ETF Launch as a Smashing Success

The recent launch of the Bitcoin Exchange-Traded Fund (ETF) has stirred diverse opinions within the financial community. While some view

News
Analysts Warns of Potential Bearish Turn in Bitcoin Market Amid Halving Event

Analysts Warns of Potential Bearish Turn in Bitcoin Market Amid Halving Event

Bitcoin’s latest market trends have sparked considerable attention. Ali, a renowned analyst, recently spotlighted a potential bearish turn for Bitcoin.

News
MicroStrategy’s Bitcoin Odyssey, From Software to Crypto Giant

MicroStrategy’s Bitcoin Odyssey, From Software to Crypto Giant

MicroStrategy, founded by Michael Saylor almost 35 years ago, has undergone a seismic shift in its market presence. Once a

Market News
Bitcoin Struggles to Break Resistance, Uncertain Trend Ahead

Bitcoin Struggles to Break Resistance, Uncertain Trend Ahead

Bitcoin’s market dynamics are currently under scrutiny, with several attempts to break above high-timeframe (HTF) resistance proving unsuccessful. The cryptocurrency

Market News
Grayscale, BlackRock, and Fidelity Emerge as Front-Runners in the Bitcoin ETF Market

Grayscale, BlackRock, and Fidelity Emerge as Front-Runners in the Bitcoin ETF Market

Bitcoin Exchange-Traded Funds (ETFs) in the United States have witnessed a remarkable first day of trading, with a staggering $4.6

News
Grayscale’s GBTC Leads as First Spot Bitcoin ETF in Crypto Landscape

Grayscale’s GBTC Leads as First Spot Bitcoin ETF in Crypto Landscape

Grayscale’s GBTC took the lead as the inaugural spot Bitcoin exchange-traded fund (ETF) to commence trading following approval from the

Market News
Coinbase’s Record $7B OTC Bitcoin Surge Signals Market Shift

Coinbase’s Record $7B OTC Bitcoin Surge Signals Market Shift

Coinbase, a major crypto exchange entity in the U.S., recently marked a remarkable milestone. Its over-the-counter (OTC) Bitcoin transfer volume

Market News
U.S. Approves Bitcoin Spot ETFs: A New Era in Crypto Investment

U.S. Approves Bitcoin Spot ETFs: A New Era in Crypto Investment

The United States Securities and Exchange Commission (SEC) has  approved the trading of Bitcoin Spot Exchange-Traded Funds (ETFs), marking a

Market News
Bitcoin Hits New Highs Amid ETF Speculations and Market Optimism

Bitcoin Hits New Highs Amid ETF Speculations and Market Optimism

Bitcoin (BTC) is a testament to extreme volatility and impressive returns. Recently, its price has experienced a notable increase, reaching