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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

Benzinga 8m

TJX Companies, Qualcomm And Bitcoin ETF On CNBC's 'Final Trades'

On CNBC's “Halftime Report Final Trades,” Jason Snipe, chief investment officer of Odyssey Capital Advisors, said he likes QUALCOMM Incorporated QCOM here, addi...

Benzinga 27m

MSTR's New Bitcoin Accounting Standard To Drive 'Financial Swings,' Make Earnings 'Volatile,' Says Expert After Lawsuit Hits Strategy

Michael Saylor‘s Strategy Inc. MSTR, formerly MicroStrategy, was hit with a lawsuit, specifically after adopting the new accounting rules of reporting cryptocur...

Benzinga 1h

Bitcoin, Ethereum, XRP, Dogecoin Grind Up On Tuesday As Traders Hope For 'Red Monday, Green Week'

The crypto market opened the week with volatility but is showing signs of strength, as Bitcoin rebounded to touch $105,000. Institutional adoption continues to...

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