Bitcoin (BTC) Market Cap Tops $65.28 Billion
Bitcoin (CURRENCY:BTC) traded down 2.1% against the US dollar during the 1-day period ending at 14:00 PM Eastern on November 27th. One Bitcoin coin can currently be purchased for approximately $3,752.44 on major cryptocurrency exchanges including Exmo, Bitsane, Kucoin and BitBay. In the last week, Bitcoin has traded down 17.3% against the US dollar. Bitcoin has a total market cap of $65.28 billion and $6.05 billion worth of Bitcoin was traded on exchanges in the last 24 hours.
Here’s how related cryptocurrencies have performed in the last 24 hours:
- Bitcoin Cash (BCH) traded down 4.3% against the dollar and now trades at $175.65 or 0.04676306 BTC.
- Steem (STEEM) traded down 7.3% against the dollar and now trades at $0.32 or 0.00008394 BTC.
- Unobtanium (UNO) traded down 4.1% against the dollar and now trades at $57.59 or 0.01533254 BTC.
- Counterparty (XCP) traded up 7.6% against the dollar and now trades at $2.38 or 0.00063314 BTC.
- Namecoin (NMC) traded down 4.9% against the dollar and now trades at $0.35 or 0.00009186 BTC.
- Crown (CRW) traded 3.1% lower against the dollar and now trades at $0.14 or 0.00003722 BTC.
- Terracoin (TRC) traded 1.8% higher against the dollar and now trades at $0.0215 or 0.00000573 BTC.
- CHIPS (CHIPS) traded 3.3% lower against the dollar and now trades at $0.0234 or 0.00000632 BTC.
- ATBCoin (ATB) traded 2.4% lower against the dollar and now trades at $0.0103 or 0.00000274 BTC.
- UnbreakableCoin (UNB) traded flat against the dollar and now trades at $0.11 or 0.00001757 BTC.
About Bitcoin
BTC is a proof-of-work (PoW) coin that uses the SHA-256 hashing algorithm. It was first traded on January 3rd, 2009. Bitcoin’s total supply is 17,396,600 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. “
Buying and Selling Bitcoin
Bitcoin can be bought or sold on the following cryptocurrency exchanges: BitBay, CoinEgg, YoBit, CPDAX, Iquant, Ovis, IDCM, Poloniex, Vebitcoin, Kucoin, Coinhub, Bitfinex, Mercatox, DOBI trade, BtcTrade.im, LocalTrade, Negocie Coins, Bit-Z, CEX.IO, OKEx, GOPAX, BCEX, OEX, ABCC, HitBTC, Bitstamp, Coinroom, CoinBene, MBAex, InfinityCoin Exchange, HADAX, Bitinka, CoinTiger, Korbit, Bitbank, LBank, Coinbe, Bitsane, QuadrigaCX, bitFlyer, EXX, Cobinhood, TOPBTC, Bitlish, Coinsuper, BiteBTC, Instant Bitex, RightBTC, Allcoin, Liquid, DragonEX, Coinone, Hotbit, Bittrex, BTCBOX, Coindeal, BigONE, Gemini, Tidex, Huobi, Gate.io, Exrates, DigiFinex, Cryptopia, BitForex, Coincheck, Paribu, Trade By Trade, Cryptonex, Coinbase Pro, C2CX, B2BX, Binance, Kraken, itBit, BTC-Alpha, Bibox, FCoin, IDAX, Livecoin, Zaif, LATOKEN, Bithumb, BitMEX, CoinsBank, Upbit, Simex, BitMart, ZB.COM, Coinsquare, UEX, Sistemkoin, LakeBTC, Exmo, OOOBTC, Kryptono, xBTCe, Fatbtc, CoinEx and ChaoEX. Investors seeking to trade Bitcoin using US dollars directly can do so using Coinbase, Gemini or Changelly.
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