Bitcoin is a cryptocurrency and worldwide payment system. It is the first decentralized digital currency, as the system works without a central bank or single administrator. The network is peer-to-peer and transactions take place between users directly, without an intermediary.

This video and breaking news in blockchain and cryptocurrency markets is also streaming on BCtv - Click to start viewing in your browser, all on 24/7 autoplay. Switch it on for the big screen! In your desktop, laptop, xBox and Smart Connectedtv.

These transactions are verified by network nodes through the use of cryptography and recorded in a public distributed ledger called a blockchain.

Bitcoin was invented by an unknown person or group of people under the name Satoshi Nakamoto and released as open-source software in 2009.

Bitcoins are created as a reward for a process known as mining. They can be exchanged for other currencies, products, and services.

As of February 2015, over 100,000 merchants and vendors accepted bitcoin as payment.

Research produced by the University of Cambridge estimates that in 2017, there are 2.9 to 5.8 million unique users using a cryptocurrency wallet, most of them using bitcoin.
    • 1
    Francisco Gimeno - BC Analyst Pantera CEO, David Morehead states that Bitcoin returning to the average in the technical analysis this week instead of remain into volatility is a buying sign. And the same is happening to other Altcoins. Crypto markets pundits are gearing into calling for a bullish market again. Is this what is going to happen? Do your own research, and use common sense before doing any investment or movement.