Bitcoin (BTC) Tops One Day Volume of $3.55 Billion
Bitcoin (CURRENCY:BTC) traded up 0.2% against the dollar during the one day period ending at 13:00 PM ET on October 28th. One Bitcoin coin can currently be purchased for approximately $6,483.58 on major exchanges including DigiFinex, Coinhub, OKEx and YoBit. Over the last seven days, Bitcoin has traded 0.7% lower against the dollar. Bitcoin has a market cap of $112.47 billion and approximately $3.55 billion worth of Bitcoin was traded on exchanges in the last 24 hours.
Here’s how other cryptocurrencies have performed over the last 24 hours:
- Bitcoin Cash (BCH) traded 0.4% higher against the dollar and now trades at $438.95 or 0.06785484 BTC.
- Steem (STEEM) traded 0.5% higher against the dollar and now trades at $0.79 or 0.00012200 BTC.
- Unobtanium (UNO) traded down 3.4% against the dollar and now trades at $63.32 or 0.00978082 BTC.
- Counterparty (XCP) traded up 0.4% against the dollar and now trades at $3.72 or 0.00057478 BTC.
- Namecoin (NMC) traded 0.1% higher against the dollar and now trades at $0.60 or 0.00009217 BTC.
- Crown (CRW) traded down 0.5% against the dollar and now trades at $0.41 or 0.00006408 BTC.
- Terracoin (TRC) traded up 5.7% against the dollar and now trades at $0.0385 or 0.00000599 BTC.
- ATBCoin (ATB) traded up 0.6% against the dollar and now trades at $0.0200 or 0.00000310 BTC.
- CHIPS (CHIPS) traded up 13.5% against the dollar and now trades at $0.0376 or 0.00000582 BTC.
- Zetacoin (ZET) traded 26.2% higher against the dollar and now trades at $0.0018 or 0.00000028 BTC.
Bitcoin Profile
Bitcoin (CRYPTO:BTC) is a proof-of-work (PoW) coin that uses the SHA-256 hashing algorithm. Its launch date was January 3rd, 2009. Bitcoin’s total supply is 17,346,350 coins. Bitcoin’s official website is bitcoin.org. Bitcoin’s official Twitter account is @bitcoin and its Facebook page is accessible here. The Reddit community for Bitcoin is /r/bitcoin and the currency’s Github account can be viewed here. The official message board for Bitcoin is bitcointalk.org.
According to CryptoCompare, “Balances – block chain The block chain is a shared public ledger on which the entire Bitcoin network relies. All confirmed transactions are included in the block chain. This way, Bitcoin wallets can calculate their spendable balance and new transactions can be verified to be spending bitcoins that are actually owned by the spender. The integrity and the chronological order of the block chain are enforced with cryptography. Transactions – private keys A transaction is a transfer of value between Bitcoin wallets that gets included in the block chain. Bitcoin wallets keep a secret piece of data called a private key or seed, which is used to sign transactions, providing a mathematical proof that they have come from the owner of the wallet. The signature also prevents the transaction from being altered by anybody once it has been issued. All transactions are broadcast between users and usually begin to be confirmed by the network in the following 10 minutes, through a process called mining. Processing – mining Mining is a distributed consensus system that is used to confirm waiting transactions by including them in the block chain. It enforces a chronological order in the block chain, protects the neutrality of the network, and allows different computers to agree on the state of the system. To be confirmed, transactions must be packed in a block that fits very strict cryptographic rules that will be verified by the network. These rules prevent previous blocks from being modified because doing so would invalidate all following blocks. Mining also creates the equivalent of a competitive lottery that prevents any individual from easily adding new blocks consecutively in the block chain. This way, no individuals can control what is included in the block chain or replace parts of the block chain to roll back their own spends. “
Bitcoin Coin Trading
Bitcoin can be bought or sold on the following cryptocurrency exchanges: IDCM, Vebitcoin, Bibox, Coindeal, UEX, Bitlish, HitBTC, Instant Bitex, Liquid, OEX, Fatbtc, TOPBTC, Coinhub, Zaif, Coinsquare, DOBI trade, BtcTrade.im, BitMart, Coinone, Coinroom, itBit, BitMEX, CPDAX, GOPAX, BTCBOX, Livecoin, Bitsane, Tidex, Poloniex, Bitstamp, Bithumb, Bitbank, Simex, Binance, LATOKEN, CoinBene, HADAX, BigONE, CoinEgg, BitBay, Bitinka, Exrates, xBTCe, Kraken, Cryptonex, Cryptopia, Ovis, Sistemkoin, Korbit, Exmo, RightBTC, EXX, Coinbe, MBAex, Hotbit, DigiFinex, CoinEx, Negocie Coins, bitFlyer, Iquant, CoinTiger, BTC-Alpha, BCEX, Gate.io, Cobinhood, BitForex, Bittrex, InfinityCoin Exchange, LBank, Allcoin, Mercatox, YoBit, DragonEX, Upbit, Paribu, Trade By Trade, BiteBTC, CEX.IO, Coincheck, Coinbase Pro, QuadrigaCX, Bitfinex, OKEx, ABCC, Kryptono, C2CX, ChaoEX, IDAX, LocalTrade, Coinsuper, OOOBTC, FCoin, ZB.COM, CoinsBank, Gemini, Huobi, B2BX, Kucoin, LakeBTC and Bit-Z. Investors seeking to acquire Bitcoin using U.S. dollars directly can do so using Changelly, Gemini or GDAX.
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