$BTC

Bitcoin (BTC) is known as the first open-source and peer-to-peer digital cryptocurrency developed and launched by a group of unknown independent programmers called Satoshi Nakamoto in 2008. Bitcoin has no centralized server used for its issuance, transactions, and storage, as it uses a public distributed network database technology called blockchain, which requires an electronic signature and is backed by a proof-of-work protocol to provide the security and legitimacy of monetary transactions. The issuance of Bitcoin is carried out by users with mining capabilities and is limited to 21 million coins. Currently, the market capitalization of Bitcoin exceeds $138 billion, and this is the most popular type of digital currency. The buying and selling of cryptocurrencies is available through special Bitcoin exchange platforms or ATMs.



News

Paraguay warns against "irregular activities" after a post suggested that BTC is legal tender

36 minutes ago

by Turner Wright

A post on X by the president of Paraguay, Santiago Peña, claimed that the country had recognized Bitcoin as legal tender, but the official government account shortly afterward urged users to "discard any recently published content."