Tag: economics of bitcoin

Illustration: Maksim Zakharau (Getty Images) On January 3, 2009, Bitcoin’s creator, Satoshi Nakamoto, mined the first block of the Bitcoin blockchain, known as the Genesis Block, which contained a reward…

The Wisconsin state capitol building in Madison, Wisconsin. Photo: Education Images/Universal Images Group (Getty Images) Wisconsin has officially become the first state to buy bitcoin, according to a new filing…

Illustration: Dado Ruvic (Reuters) Litecoin is a cryptocurrency that was introduced after the creation of Bitcoin, and is considered one of the earliest digital currencies in existence. Charles “Charlie” Lee,…

Image: Tom Stepanov (Shutterstock) Bitcoin reached a new all-time high Friday morning, just days after it broke a previous high. The cryptocurrency peaked at $70,136.33, according to CoinDesk. As soon…

The crypto community took a victory lap Tuesday with the news that the price of Bitcoin hit an all-time high of $69,210. Those celebrations cooled when the value dropped a…

Bitcoin hit an all-time high of $69,170 Tuesday morning, according to CoinMarketCap, breaching the previous all-time high of $68,990 in November 2021. The price then plummeted under $65,000 soon after…

Bitcoin’s price surged past $63,000 and then receded just a bit under on Wednesday, reaching a level the crypto coin hasn’t seen since November 2021. While it still has a…

The price of Bitcoin crashed nearly 10% on Wednesday, falling from $45,000 to below $41,000 in mere hours, hurting crypto’s best bull run in a year. But what, or who,…

Image: tungtaechit (Shutterstock) If the spectacular failure of Sam Bankman-Fried’s FTX exchange wasn’t evidence enough, the crypto bubble has officially popped. Now, Bitcoin, one of the most widely used cryptocurrencies,…