Bitcoin’s $35k Rally: Is a Market Correction Looming?
In recent days, the cryptocurrency market has witnessed a remarkable bull rally, with Bitcoin (BTC) at the forefront of this
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.
In recent days, the cryptocurrency market has witnessed a remarkable bull rally, with Bitcoin (BTC) at the forefront of this
Bitcoin, the world’s premier cryptocurrency, has always been influenced by key events known as “halvings.” As the market nears the
In a significant development, Bitcoin futures contracts’ open interest has reached an all-time high since June 2022, soaring to $15.83
In a startling turn of events, Bitcoin (BTC) has been relentlessly outperforming the S&P 500 (SPX) over the past week,
Following the recent surge in Bitcoin’s price, two significant on-chain developments have caught the attention of analysts. Short-term holders are
In the wake of Bitcoin’s recent price surge, on-chain data analysis has uncovered two intriguing developments, raising questions about the
Analyst CrediBULL Crypto presented a bullish perspective on Bitcoin’s near-term future, emphasizing the importance of understanding the market structure and
According to a recent tweet by CryptoRank, an analyst, market indicators painted a promising picture for cryptocurrency enthusiasts as Bitcoin
In the world of cryptocurrency, Bitcoin’s recent performance has been nothing short of impressive. According to a tweet by CryptoBusy,
In a dynamic turn of events, the cryptocurrency market witnessed Bitcoin’s price catapulting above the $33,000 mark. This remarkable surge
In a significant development, Bitcoin’s price has surged to a notable $35,000 for the first time in 2023, marking a
Bitcoin’s price has surged above $33K in a significant twist. Leading the pack among the top 10 cryptocurrencies is Bitcoin
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