Bitcoin is an innovative internet protocol for peer-to-peer transactions without the need for an intermediary or bank, meaning it is completely decentralized.

Bitcoin issuance is made possible by the collective consensus of nodes. Bitcoin is open-source, and no one has control over it.

Properties of Bitcoin Transactions:

Limitless and accessible to everyone. This means the software can be installed by anyone, anywhere in the world;
You don’t need to provide any identification or undergo KYC/AML procedures. This technology is suitable for the unbanked, communities protecting their personal data, people in financially underdeveloped countries, or countries under sanctions;
Bitcoin cannot be counterfeited, as no one can block or freeze transactions;
Transactions added to the blockchain are irreversible;
Available for use 24 hours a day, 365 days a year;
Bitcoin can also serve as a reliable store of value.

Some economists call Bitcoin «a Swiss bank in your pocket.»

Transactions are tracked on the blockchain, commonly referred to as a distributed ledger. This ledger records every Bitcoin transaction ever made. Each «block» in the blockchain consists of a data structure based on encrypted Merkle Trees. This is particularly useful for detecting fraud or corrupted files. Even if one file is corrupted or fraudulent, the blockchain prevents corruption in the rest of it.

The total number of Bitcoins is limited to 21 million. New Bitcoins cannot be minted or destroyed. The rules underlying the Bitcoin blockchain ensure that only 21 million Bitcoins will ever exist. The Bitcoin block reward halves every 210,000 blocks, meaning the last Bitcoin will be mined in 2140. Furthermore, there are no storage costs, as Bitcoins don’t take up physical space, regardless of the amount. They can also be stored on a hard drive or with a paper wallet. Most importantly, there is no counterparty risk—no one can steal Bitcoin from your wallet if your private key is securely stored.

The core technologies underlying Bitcoin are public-key cryptography, a peer-to-peer network, and a proof-of-work consensus mechanism for verifying payments. One of Bitcoin’s most attractive features is its verification process, which minimizes the risk of fraud. Bitcoin is decentralized and secured by «miners»—they continually verify transactions and receive block rewards in exchange for their work. After a certain number of transactions have been verified, a new block is added to the blockchain, and the verification process continues with the next block.

Every payment transaction is broadcast to the network and included in the blockchain to avoid double spending. Once confirmed, each transaction is securely stored in the blockchain thanks to massive computing power that continues to expand the blockchain.

Bitcoin uses this technology to provide a secure and transparent way to process payments.

The Bitcoin price today is 120,000 dollars, up 1% over the past 24 hours.

The Bitcoin price peaked at 124,000 dollars on August 14, 2025 years. Since its peak, the current price has fallen by 7%.

There are 20 million BTC in circulation, and the maximum supply is 21 million.

Bitcoin’s market capitalization is 2.3 trillion dollars, with a daily trading volume of 10 billion dollars over the past 24 hours.

The currency is traded on 1,162 markets and 88 exchanges.

In the long term, the price of BTC will rise, as indicated by technical analysis and analyst forecasts. It’s possible that by early 2030, BTC will trade at levels close to 1 million dollars.

Investing in cryptocurrencies is associated with financial risks. Before making a decision, we recommend ordering our investment or speculative portfolio of the 10 best and most relevant coins today in our Telegram channel.