What is Bitcoin
Bitcoin (BTC) was the first crypto-asset based on blockchain technology. The protocol was published on 31 October 2008 in a whitepaper signed under the pseudonym Satoshi Nakamoto; the network went live on 3 January 2009 with the creation of the first block. Nakamoto’s identity remains anonymous. Bitcoin uses a Proof of Work consensus mechanism, in which miners provide computing power to validate transactions and secure the network.
Unlike traditional financial instruments, Bitcoin does not represent shares in a company, is not issued by a government and is not backed by a physical commodity. Its supply is programmatically limited to 21 million units, with a periodic reduction in issuance known as the halving.
How it works and recent developments
Network security relies on the decentralisation of nodes and on the total computing power (hashrate). Over the years the ecosystem has expanded with second-layer solutions such as the Lightning Network, designed for fast, low-cost payments. In terms of public accessibility, a significant step was the launch in the United States, in January 2024, of the first spot Bitcoin ETFs, which introduced a regulated channel of exposure to the asset and a growing presence of institutional investors.
Bitcoin price history
Since its launch, the price of Bitcoin has alternated between phases of strong increases and significant declines, with volatility typically higher than that of traditional financial instruments: its swings can exceed 10% in a single day. In the early years Bitcoin was worth less than a cent; in May 2010 a user paid 10,000 BTC for two pizzas. In February 2011 it surpassed 1 dollar; in 2013, 100 euros; at the end of 2017 it reached around 17,000 euros, then corrected by about 50%. After the pandemic-related drop in 2020, it closed 2021 at high values. In 2025 it showed high volatility, with a peak of around $126,300 between April and October followed by corrections. This historical data is purely informational and past performance is not a guarantee of future results.
Where to buy Bitcoin
You can buy Bitcoin on Young Platform. Young Platform S.p.A. is a crypto-asset service provider based in Turin, founded in Italy, which has submitted an application to Consob for authorisation as a CASP under Regulation (EU) 2023/1114 (MiCAR). The platform lets you set up recurring orders and monitor the value in real time, and provides tax reporting tools that assist with reporting but do not replace a tax advisor.
Advertising message. Crypto-assets are high-risk assets: their value can be highly volatile and you could lose the entire amount invested. Past performance is not a guarantee of future results. Young Platform does not provide financial advice.
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What does the Young Platform do?
Young Platform is the Italian platform for the crypto-asset world. Since 2018, we have been working from Turin to make buying and selling crypto-assets a clear and accessible experience — whether you are taking your first steps or trading regularly. Over 2 million users have already chosen us (as of June 11, 2026). Our shareholders include Azimut, United Ventures, and Banca Sella, among others. For details on our updated corporate structure, please visit the official page on our website.
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