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Bitcoin (abbreviation: BTC; sign: ₿) is the first decentralized cryptocurrency. Based on a free-market ideology, bitcoin was invented in 2008 by Satoshi Nakamoto, an unknown entity (person or persons). [5] Use of bitcoin as a currency began in 2009, [6] with the release of its open-source implementation.
Bitcoin's value is largely determined by speculation among other technological limiting factors known as blockchain rewards coded into the architecture technology of bitcoin itself. The cryptocurrency market cap follows a trend known as the "halving", which is when the block rewards received from bitcoin are halved due to technological mandated ...
A type of cryptocurrency inspired by internet memes, pop culture or social media trends. Unlike mainstream cryptocurrencies like Bitcoin or Ethereum, memecoins often lack a clear utility or ...
Bitcoin is just one type of cryptocurrency, and literally thousands more have been created. Some of the most popular include Ethereum , Solana and XRP. Users can hold and spend bitcoins from a ...
Number of on-chain bitcoin transactions per month (logarithmic scale) Bitcoin is a cryptocurrency, a digital asset that uses cryptography to control its creation and management rather than relying on central authorities. [1]
Bitcoin and other cryptocurrencies are cryptic to say the least. Some people consider bitcoin a currency, others an investment and still others a store of value. The IRS treats it as property, the ...
Bitcoin was designed by its inventor, Satoshi Nakamoto, to work as a currency. [3] [4] It is commonly referred to with terms like: digital currency, [5]: 1 digital cash, [6] virtual currency, [7] electronic currency, [8] digital gold, [9] or cryptocurrency.
Launched in 2009, bitcoin is the first cryptocurrency, meaning that it's a digital currency and does not rely on banks to verify transactions. Bitcoin's surge – up about 130% this year ...