The closing price for Bitcoin (BTC) in 2011 was $4.25, on December 31, 2011. It was up 1,316.7% for the year. The latest price is $20,506.78. Daily pricing data for Bitcoin dates back to 7/17/2010, and may be incomplete.
The cryptocurrency was invented in 2008 by an unknown person or group of people using the name Satoshi Nakamoto. The currency began use in 2009, when its implementation was released as open-source software.
No one person owns or controls Bitcoin, and anyone can participate. While Satoshi continued to control Bitcoin's development, users and developers congregated in Bitcoin forums to contribute code and work on the project, which had become a collaborative effort.
There are 2.3 million Bitcoin left to be mined. Surprisingly, even though 18.6 million Bitcoin were mined in just over 10 years, it will take another 120 years to mine the remaining 2.3 million. That's because of the Bitcoin halving
Cryptocurrencies run on a distributed public ledger called blockchain, a record of all transactions updated and held by currency holders. Units of cryptocurrency are created through a process called mining, which involves using computer power to solve complicated mathematical pro
Cryptocurrency is a digital currency using cryptography to secure transactions. Learn about buying cryptocurrency and cryptocurrency scams to look out for.
Bitcoin is a protocol which implements a highly available, public, and decentralized ledger. In order to update the ledger, a user must prove they control ...
According to bitcoin-focused asset manager River Financial, Satoshi Nakamoto, the anonymous inventor of Bitcoin, is estimated to be the biggest bitcoin holder in possession of more than one million BTC stored in roughly 22,000 addresses.
The New Liberty Standard Exchange recorded the first exchange of Bitcoin for dollars in late 2009. Users on the BitcoinTalk forum traded 5,050 bitcoins for $5.02 via PayPal