

Rank: # 1
Market Cap: $ 2,087,855,717,067
Volume (24hrs): $ 31,186,495,185
Circulating Supply: 19,878,000 BTC
Price in BTC: Ƀ 1.00000000
Change (1 Hr): 0.07%
Change (7 Days): -2.76%
Change (30 Days): -0.73%
All Time High: $ 111,814.00
All Time High Date: May 22, 2025
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- Elon Musk’s AI firm xAI faces lawsuit over data center air pollutionCointelegraph.com News - 25 minutes agoxAI has received a legal threat over its use of gas turbines at its Memphis AI hub, as Big Tech and AI firms frantically build…
- Iran orders crypto exchange curfew after $100M Nobitex hackCointelegraph.com News - 1 hour agoChainalysis’s head of national security intelligence told Cointelegraph the curfew is likely an attempt to prevent people from transferring capital out of the country. The…
- ‘Crypto-native’ asset managers quadruple onchain holdings since JanuaryCointelegraph.com News - 1 hour agoCrypto asset managers have grown their onchain allocations to $4 billion so far this year, as DeFi becomes the “‘invisible’ back-end” to fintechs, Artemis and…
- ‘Stablecoin summer’ as Coinbase, Circle surge on stablecoin billCointelegraph.com News - 1 hour agoCrypto entrepreneur Anthony Pompliano says Coinbase’s stock surge indicates that “Wall Street wants Bitcoin and crypto assets.” Coinbase and Circle shares surged Wednesday after US…
- Czech gov’t resists 4th overthrow attempt amid $45M Bitcoin scandalCointelegraph.com News - 3 hours agoThe Czech Republic’s Civic Democratic Party survived another no-confidence vote, triggered by opposition party concerns over a $45 million Bitcoin donation linked to a convicted…
What is Bitcoin?
Bitcoin is the first decentralized cryptocoin ever built on top of a blockchain. It was created by an anonymous person or group of people with the nickname Satoshi Nakamoto in 2009 as an open source project.
To understand the Bitcoin blockchain we can imagine a book, where each page number contains a signature that can validate the content of that page and its previous one. This signature is computed by an algorithm known as SHA-256 and cannot be reversed. In other words we can calculate the A-256 signature from some content, but we can’t get content if we know its SHA-256 signature. Back to the example with the book: if we tear out a page from the book, we can easily understand that a page is missing. The same is with adding an inexistent page. All the pages are copied between members of the chain, and this is why the Bitcoin Blockchain is considered a distributed network.
Bitcoin is an open source project maintained by a developer team with over 580 active contributors. The code of the chain is available on Github. The main purpose of Bitcoin was decentralized but trusted, low fee money transactions between people and businesses around the world. Nowadays over 100.000 vendors accept Bitcoin for payments. And there are between 2.9 and 5.8 million unique users who actively use Bitcoin cryptocurrency wallets. The price of Bitcoin can be very volatile due to speculation and has changed in the past more than +/-20% during a single.
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