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What is Bitcoin?

Bitcoin (BTC), launched in 2009, is a cryptocurrency powered by the Bitcoin network—a peer-to-peer network for verifying transactions. That means BTC is borderless, decentralized, and transparent. BTC are "mined" or created through proof-of-work, a way for computers on the Bitcoin network to validate a new block of transactions. But BTC can't be mined forever. In fact, its anonymous creator(s), a person or group known as Satoshi Nakamoto, designed BTC to be scarce and deflationary. There can never be more than 21 million BTC. As of 2024, more than 19 million coins have already been mined.

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Bitcoin News

Decrypt 19m

IBM’s Quantum ‘Cat’ Roars: 120-Qubit Breakthrough Pushes Bitcoin’s Encryption Risk Closer

In brief IBM researchers entangled 120 qubits, setting a new benchmark for quantum computing. The GHZ “cat state” achieved fidelity of 0.56, proving full multi...

Decrypt 1h

Why $71 Billion Bitcoin Behemoth Strategy Is Still Betting on BTC Hitting $150K This Year

In brief Michael Saylor thinks Bitcoin will rise to around $150,000 by the end of the year, thanks to diminishing volatility. The Strategy founder predicts BTC...

NewsBTC 3h

Avalanche Expands In Asia — Japan’s Biggest Card Processor Joins The Network

TIS Inc., Japan’s largest payments processor, has moved into tokenized finance by launching a Multi-Token Platform on Avalanche’s AvaCloud, according to company...

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