• 02 September, 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.

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Bitcoin Surges Past $35,000 Triggering $400M Liquidation Amid ETF Speculation

Bitcoin Surges Past $35,000 Triggering $400M Liquidation Amid ETF Speculation

In a stunning 24-hour performance, Bitcoin (BTC) soared by 10.9%, reaching a remarkable yearly high of $35,280. The driving force

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BlackRock’s Bitcoin ETF Move Fuels Market Surge: The Lowdown

BlackRock’s Bitcoin ETF Move Fuels Market Surge: The Lowdown

In recent revelations, renowned crypto reporter Colin Wu from the X platform revealed that financial titan BlackRock has initiated seeding

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BTC Encounters Resistance Amidst Rising Concerns Over Tether Issuance

BTC Encounters Resistance Amidst Rising Concerns Over Tether Issuance

Bitcoin (BTC) recently witnessed a surge in bullish sentiment, with many investors hoping for a breakthrough. However, as the bulls

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Michael Saylor’s Bitcoin Gamble: $160 Million Gain Amid Challenges

Michael Saylor’s Bitcoin Gamble: $160 Million Gain Amid Challenges

In a significant turnaround, the bitcoin investment of software giant MicroStrategy, led by Michael Saylor, is showing green numbers again

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Bitcoin’s Rise Above $30K Marked by Altcoin Surges

Bitcoin’s Rise Above $30K Marked by Altcoin Surges

Bitcoin’s latest breach of the $30K mark starkly contrasts its prior two forays. Unlike before, altcoins are now surging, challenging

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Analyst Explores BTC’s Value Surge and the Short Gamma Conundrum

Analyst Explores BTC’s Value Surge and the Short Gamma Conundrum

Bitcoin is once again commanding attention with its remarkable surge in value. However, a nuanced development within the cryptocurrency market,

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Bitcoin Breaks Through $32K Psychological Barrier, Defying Bearish Divergence

Bitcoin Breaks Through $32K Psychological Barrier, Defying Bearish Divergence

In a surprising turn of events, Bitcoin (BTC) has defied expectations by breaking through the psychological resistance level of $32,000.

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Bitcoin Faces Potential Volatility Amid Increased Trading Activity

Bitcoin Faces Potential Volatility Amid Increased Trading Activity

With Bitcoin (BTC) at its helm, the world of cryptocurrencies has long been synonymous with unpredictability. Recent events and data

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Bitcoin’s Recent Surge Signals Potential Ascent to Higher Price Points

Bitcoin’s Recent Surge Signals Potential Ascent to Higher Price Points

The digital currency arena is witnessing an extraordinary resurgence, with Bitcoin, the foremost cryptocurrency, leading the charge. After grappling with

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Rising Against the Odds: The Forces Driving Bitcoin’s Unprecedented Rally

Rising Against the Odds: The Forces Driving Bitcoin’s Unprecedented Rally

In the midst of global financial fluctuations, Bitcoin (BTC) has emerged as a beacon of stability for investors. Recently breaking

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Bitcoin Surge Echoes Across Top-10 Cryptocurrencies

Bitcoin Surge Echoes Across Top-10 Cryptocurrencies

In a recent market analysis from CryptoRank, a crypto data aggregation and analytics platform, Bitcoin’s price has experienced an impressive

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Bitcoin Surges 5.13%: Analysts Eye $28,600 as New Support Level

Bitcoin Surges 5.13%: Analysts Eye $28,600 as New Support Level

In a noteworthy development, Bitcoin witnessed a robust 5.13% surge in its trading price over a few fleeting hours. Starting