BitMEX Co-Founder Foresees Major Bitcoin Correction Amidst ETF Introductions
Arthur Hayes, the co-founder and former CEO of BitMEX, recently offered a series of insights that reaffirm his position as
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.
Arthur Hayes, the co-founder and former CEO of BitMEX, recently offered a series of insights that reaffirm his position as
Bitcoin (BTC) experienced significant price fluctuations recently, but long-term HODLers remained unfazed by the market turbulence as highlighted by CryptoQuant,
Bitcoin began the new year, reaching a peak of $45,800 before falling back to $42,200 the next day, highlighting significant
The United States national debt has breached the $34 trillion threshold, intensifying discussions around Bitcoin’s role as a financial bulwark.
The cryptocurrency market is currently exhibiting significant activity, with Bitcoin and Ethereum at the forefront of this movement. The market
Recently, Bitcoin has shown resilience by holding steady above the crucial support level of $44,900 in the cryptocurrency market. This
Celebrating its 15th anniversary, Bitcoin emerged in January 2009 when an enigmatic figure named Satoshi Nakamoto introduced it as a
MicroStrategy has experienced a remarkable rise in the past year, with its stock value soaring by 372%. As per Colin
In a strategic move aligning with the evolving landscape of cryptocurrency, Grayscale Bitcoin Trust submitted its third amended S-3 filing
As the Bitcoin Halving approaches in April 2024, investors and market spectators keenly observe its potential impacts. This event, significant
Entering 2024, the cryptocurrency market is electrified with anticipation, marking it as the year of Bitcoin. With the imminent possibility
Bitcoin’s trajectory has taken an upward surge, breaking the $45,000 barrier for the first time in nearly two years. This
© Cryptotale. Blockchain News Media. All Rights Reserved.