DeFi Intel

Bitcoin token

reserve-asset · PageRank 0.0052

Source: bitcoin.org

Overview

Bitcoin is the first decentralized digital currency, created by Satoshi Nakamoto in 2008. It operates on a peer-to-peer network using blockchain technology to enable trustless transactions. Bitcoin is primarily used as a store of value and a medium of exchange, and it is considered the original cryptocurrency.

Within the DeFi Intel graph, Bitcoin connects to 7 tracked entities, most strongly to Chainalysis, Glassnode, Bitcoin Halving 2024.

Relations

Top connections in the DeFi Intel knowledge graph (confidence-weighted, 7 of 7 total).

RelationConnected entityConfidence
tracksChainalysis95%
tracksGlassnode95%
reducesBitcoin Halving 202495%
provides-data-forCoin Metrics95%
backed_byTether USD90%
provides-liquidity-forCumberland (DRW)85%
provides-liquidity-forJane Street85%

In-depth guides on Bitcoin

Frequently asked questions

What is Bitcoin?

Bitcoin is the first decentralized digital currency, created by Satoshi Nakamoto in 2008. It operates on a peer-to-peer network using blockchain technology to enable trustless transactions.

What is Bitcoin primarily used for?

Bitcoin is primarily used as a store of value and a medium of exchange, and it is considered the original cryptocurrency.

Which entities provide liquidity for Bitcoin?

Cumberland (DRW) and Jane Street provide liquidity for Bitcoin.