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12/16/2025, 7:33:47 AM
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Smart Contract PlatformLayer 1 (L1)FTX HoldingsProof of Work (PoW)Bitcoin EcosystemGMCI 30 IndexGMCI IndexCoinbase 50 Index
Smart Contract PlatformLayer 1 (L1)FTX HoldingsProof of Work (PoW)Bitcoin EcosystemGMCI 30 IndexGMCI IndexCoinbase 50 Index
-0.20%
-3.85%
-4.42%
-10.10%
-17.89%
Community Sentiment
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About Bitcoin (BTC)
Bitcoin is the world's first decentralized cryptocurrency, created in 2009 by the pseudonymous Satoshi Nakamoto. It enables peer-to-peer electronic cash transactions without intermediaries like banks or governments, operating on a blockchain secured by Proof of Work mining and the SHA-256 cryptographic algorithm. With a fixed supply cap of 21 million coins and programmatic halvings every four years that reduce miner rewards, Bitcoin is designed as a deflationary digital asset often called "digital gold." Its value stems from solving the double-spending problem without trusted intermediaries, creating the first truly scarce digital asset with censorship resistance and permissionless access that no government, corporation, or individual can control. Bitcoin operates as a decentralized peer-to-peer network where transactions are recorded on a public ledger called the blockchain, distributed across thousands of computers globally. Transactions are grouped into blocks added approximately every 10 minutes through mining, where specialized computers compete to solve complex mathematical puzzles. Bitcoin has achieved mainstream adoption through multiple vectors. The January 2024 SEC approval of 11 spot Bitcoin ETFs opened Bitcoin investment to traditional finance participants, and corporations like Strategy (formerly MicroStrategy) are using Bitcoin as a treasury reserve asset to protect against currency debasement, offering MSTR holders amplified exposure to Bitcoin. The Bitcoin ecosystem continues to evolve with innovations like Ordinals, which emerged in January 2023 to enable NFT-like functionality directly on Bitcoin, and BRC-20 tokens, an experimental standard for creating fungible tokens using Ordinal inscriptions. BTCFi (Bitcoin Finance) represents emerging financial applications extending beyond Bitcoin's traditional role, with protocols like Babylon allowing Bitcoin holders to stake BTC to secure Proof of Stake chains.
Who created Bitcoin?
The creator is an unknown individual or group that goes by the name Satoshi Nakamoto with the idea of an electronic peer-to-peer cash system as it is written in a whitepaper. Until today, the true identity of Satoshi Nakamoto has not been verified though there has been speculation and rumor as to who Satoshi might be. What we do know is that officially, the first genesis block of BTC was mined on 9th January 2009, defining the start of cryptocurrencies.
What can Bitcoin be used for?
Bitcoin can be used as a store of value, digital gold, peer-to-peer payments, remittances, and as a hedge against inflation. Many institutions and individuals use Bitcoin as part of their investment portfolio due to its limited supply and decentralized nature.
Whitepaper
Read the official Bitcoin whitepaper
| Current Price | 86,195 |
| Market Cap | 1,720,754,503,595 |
| 24h Change | -3.85% |
| Market Cap Rank | #1 |
| Genesis Date | January 3, 2009 |