• 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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Crypto Market Recap: Bitcoin (BTC) Above $26,000, Top Gainers & Losers

Crypto Market Recap: Bitcoin (BTC) Above $26,000, Top Gainers & Losers

In the ever-evolving cryptocurrency landscape, Bitcoin continues to captivate the attention of investors. Presently, Bitcoin is trading above the $26,000

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Bitcoin Faces Crucial Week: Legal Battles, Economic Metrics, and Market Volatility

Bitcoin Faces Crucial Week: Legal Battles, Economic Metrics, and Market Volatility

As September comes to a close, the world of cryptocurrency is gearing up for a crucial week that could set

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Bitcoin Long-Term Holders Reach Record Supply Levels, Shaping Market Dynamics

Bitcoin Long-Term Holders Reach Record Supply Levels, Shaping Market Dynamics

In a thrilling turn of events for the crypto community, Bitcoin has just witnessed a remarkable surge in its Long-Term

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Bitcoin Surges Past $26,030, Eyes Next Resistance at $27,000

Bitcoin Surges Past $26,030, Eyes Next Resistance at $27,000

In a noteworthy development today, Bitcoin surged past the pivotal $26,030 mark. For the past week, the digital currency had

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Analyst Flags a Key Level for Bitcoin’s Bullish Run: Report

Analyst Flags a Key Level for Bitcoin’s Bullish Run: Report

Crypto Banter, a popular cryptocurrency media channel, recently shared insights that could indicate a bullish turn for Bitcoin. According to

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Report Reveals Long-Term Holders’ Selling and Buying Back of Bitcoin

Report Reveals Long-Term Holders’ Selling and Buying Back of Bitcoin

Today’s report by CryptoQuant dives deep into the dynamics between long-term and short-term Bitcoin holders. The study uncovers an eye-opening

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Bitcoin’s Profit-Taking Hits Two-Month High: Adds Volatility to Market

Bitcoin’s Profit-Taking Hits Two-Month High: Adds Volatility to Market

In a recent development, market intelligence platform Santiment has issued a cautionary note for Bitcoin traders. According to their on-chain

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Bitcoin Resilient Amid CPI Surges and FTX Assets Liquidations

Bitcoin Resilient Amid CPI Surges and FTX Assets Liquidations

In line with recent reports from CryptoBusy, the global cryptocurrency market has shown fortitude in the face of unforeseen problems,

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Franklin Templeton Files for Bitcoin ETF Amidst Rising Optimism in Crypto Markets

Franklin Templeton Files for Bitcoin ETF Amidst Rising Optimism in Crypto Markets

In a significant development in the world of cryptocurrency, investment giant Franklin Templeton has officially filed for a spot Bitcoin

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Bitcoin ETF FOMO Dies Down Amid Skepticism: Santiment

Bitcoin ETF FOMO Dies Down Amid Skepticism: Santiment

The crypto world recently witnessed a surge in excitement as Franklin Templeton applied for a Bitcoin exchange-traded fund (ETF). However,

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Bitcoin’s Rollercoaster Ride: From $25,000 Dip to $26,500 Peak

Bitcoin’s Rollercoaster Ride: From $25,000 Dip to $26,500 Peak

Bitcoin, the unrivaled king of the cryptocurrency realm, has orchestrated a remarkable resurgence, soaring to an astounding pinnacle of $26,500

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Bitcoin Halving May Trigger Short-Term ADA Drop, Then Bull Run

Bitcoin Halving May Trigger Short-Term ADA Drop, Then Bull Run

With the next Bitcoin halving anticipated in April 2024, historical data suggests that the significant crypto event could lead Cardano’s