$BTC Bitcoin was introduced to the public in 2008 by an anonymous developer or group of developers using the name Satoshi Nakamoto. It has since become the most well-known and largest cryptocurrency in the world. Its popularity has inspired the development of many other cryptocurrencies
What Is Bitcoin?
Bitcoin (BTC) is a cryptocurrency (a virtual currency) designed to act as money and a form of payment outside the control of any one person, group, or entity. This removes the need for trusted third-party involvement (e.g., a mint or bank) in financial transactions.
Bitcoin was introduced to the public in 2008 by an anonymous developer or group of developers using the name Satoshi Nakamoto. It has since become the most well-known and largest cryptocurrency in the world. Its popularity has inspired the development of many other cryptocurrencies.
Read on to learn more about the cryptocurrency that started it all—the history behind it, how to buy it, mine it, and what it can be used for.
Key Takeaways
Bitcoin is the end product of the work of many people, but it is generally accepted that Satoshi Nakamoto created it and introduced it in 2008.
Bitcoin is the public blockchain used to create and manage the cryptocurrency of the same name.
Bitcoin mining is the race between miners to hash block information, find the solution to a hashing problem, and add a block to the blockchain. The winning miner is rewarded with bitcoins.
Bitcoin can be used by speculators, investors for investing purposes, and consumers for purchases or value exchange.
There are many risks involved with investing in and using bitcoins, including volatility, fraud, and theft.
Cryptocurrency is officially mainstream. Approximately 16 percent of all Americans have invested, traded, or used a decentralized, blockchain-based token, which is a number that seems to increase everyday. The Super Bowl—the singular marquee event for advertisers—was absolutely canvassed with crypto platform ads, picking up ultra high-profile celebrity endorsers in million dollar commercial productions. At last, a financial apparatus once condemned to the arctic regions of the economy has firmly pried its way into common society.
According to Odaily, Bitcoin (BTC) experienced a strong rebound over the weekend after recently falling below the $91,100 mark. It has now slightly retreated to around $96,500. Veteran trader Peter Brandt has reiterated his bullish outlook on BTC, suggesting that it may continue to rise in the future. Other on-chain indicators also suggest a positive momentum for BTC.
#ReboundRally According to Odaily, Bitcoin (BTC) experienced a strong rebound over the weekend after recently falling below the $91,100 mark. It has now slightly retreated to around $96,500. Veteran trader Peter Brandt has reiterated his bullish outlook on BTC, suggesting that it may continue to rise in the future. Other on-chain indicators also suggest a positive momentum for BTC.
count how many boxes and that amount letters for the word..you can find that kword By tapping hint and read it you should realize what will be the word..if hint not showing ,
A market rebound is when prices, shares, or other assets increase in value after a period of decline. For example, a business might rebound after a year of losses by reporting strong results or launching a successful product line.
Here are some synonyms for rebound:
Bounce, Bound, Recoil, Resile, Reverberate, Ricochet, Spring, and Rally
Crypto markets are in turmoil, with steep declines in major assets like Bitcoin and Ethereum since Dec. 18, 2024. The downturn began immediately after the Federal Reserve’s FOMC meeting, where policymakers issued a cautious statement about monetary policy and Jerome Powell, the Fed Chair, provided remarks that spooked markets. Jamie Coutts, the Chief Crypto at Real Vision, explains how tightening liquidity and macroeconomic factors are driving the sell-off.
The Federal Reserve’s decision to lower the federal funds rate by 0.25 percentage points on Dec. 18 initially seemed like a dovish move. However, the accompanying statements painted a different picture. Powell emphasized that while inflation has eased significantly, it remains above the Fed’s 2% target. He explained that the Fed’s policy rate—now at 4.25%-4.5%—remains “meaningfully restrictive” and that future rate cuts would slow unless there was “further progress on inflation.”
Powell’s comments about the economy’s strength, combined with projections of only two additional cuts in 2025, signaled that the Fed intends to maintain tighter liquidity conditions longer than markets had hoped. This tone sharply contrasted with expectations of a more aggressive easing cycle, catching investors off guard and leading to immediate selling pressure across risk assets, including cryptocurrencies.