• 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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Analyst Flags Binance’s Role in Bitcoin’s Rally in 2023 H1

Analyst Flags Binance’s Role in Bitcoin’s Rally in 2023 H1

Crypto influencer Julian Hosp recently shed light on the possible influence of the leading crypto exchange Binance in  Bitcoin’s rally

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Bitcoin’s On-Chain Data Suggests a Pivotal Moment on the Horizon

Bitcoin’s On-Chain Data Suggests a Pivotal Moment on the Horizon

The cryptocurrency world is buzzing with anticipation as recent on-chain data for Bitcoin hints at a potential turning point. As

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MicroStrategy Leads Amidst Crypto Bull Run and Market Shakes

MicroStrategy Leads Amidst Crypto Bull Run and Market Shakes

Amid the 2021 crypto bull run, numerous publicly traded companies embraced Bitcoin and other digital assets, including Voyager, Celsius, and

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Bitcoin Dominates Weekly Outflows As Altcoins Show Resilience

Bitcoin Dominates Weekly Outflows As Altcoins Show Resilience

Amidst the ever-changing realm of digital asset investments, this week’s market activity unveiled a notable departure, with outflows reaching a

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Bitcoin’s Volatility, ETF Developments, and Regulatory Battles Shape Crypto’s Future

Bitcoin’s Volatility, ETF Developments, and Regulatory Battles Shape Crypto’s Future

In a recent video by Crypto Michaël, a prominent cryptocurrency analyst and influencer known for his insightful market predictions and

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Marathon Digital Reports Record-Breaking BTC Production In July

Marathon Digital Reports Record-Breaking BTC Production In July

The leading cryptocurrency mining firm, Marathon Digital, achieved exceptional results last month, producing 1,176 BTC, marking a 20% increase from

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Bitcoin (BTC) Demand Soars with Institutional Interest and Positive Indicators

Bitcoin (BTC) Demand Soars with Institutional Interest and Positive Indicators

The cryptocurrency market has been witnessing a significant uptick in the buy-side demand for the largest cryptocurrency Bitcoin (BTC), fueled

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Tether’s Bitcoin Holdings Expand Amid Surplus Reserves

Tether’s Bitcoin Holdings Expand Amid Surplus Reserves

Recent findings by renowned on-chain data analyst Tom Wan revealed that Tether, a blockchain-enabled platform, may harbour a significant reserve

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Bitcoin Long-Term Holders Stand Strong as Whales Dominate Circulating Supply

Bitcoin Long-Term Holders Stand Strong as Whales Dominate Circulating Supply

In the ever-evolving landscape of cryptocurrency, Bitcoin continues to be the undisputed leader, captivating investors and enthusiasts worldwide. A recent

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Analyst Foresees Bullish Bitcoin Trend Amid Contrasting Opinions

Analyst Foresees Bullish Bitcoin Trend Amid Contrasting Opinions

Cryptocurrency analyst and trader Michaël van de Poppe recently shared insights on Twitter about Bitcoin’s price patterns, indicating a strong

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Brian Armstrong Invites Jack Dorsey To Build Bitcoin Lightning On Coinbase

Brian Armstrong Invites Jack Dorsey To Build Bitcoin Lightning On Coinbase

Brian Armstrong, the co-founder and chief executive of Coinbase, took to Twitter earlier today to invite Twitter co-founder Jack Dorsey

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Bitcoin Bounces Back to $30k: MicroStrategy Boosts Holdings

Bitcoin Bounces Back to $30k: MicroStrategy Boosts Holdings

In a notable comeback, Bitcoin’s price soared back above the $30,000 mark, gaining significant momentum with the assistance of resilient