Bitcoin (BTC) One Day Trading Volume Hits $5.25 Billion

   2018-12-09 06:12

Bitcoin (CURRENCY:BTC) traded 0.9% higher against the US dollar during the twenty-four hour period ending at 21:00 PM E.T. on December 8th. One Bitcoin coin can now be bought for about $3,496.03 on popular exchanges including Paribu, CoinBene, bitFlyer and InfinityCoin Exchange. Bitcoin has a total market capitalization of $60.88 billion and $5.25 billion worth of Bitcoin was traded on exchanges in the last day. During the last week, Bitcoin has traded down 17% against the US dollar.

Here is how similar cryptocurrencies have performed during the last day:



  • Bitcoin Cash (BCH) traded down 4.5% against the dollar and now trades at $103.55 or 0.02959954 BTC.
  • Steem (STEEM) traded down 0.7% against the dollar and now trades at $0.25 or 0.00007131 BTC.
  • Unobtanium (UNO) traded 4.7% higher against the dollar and now trades at $73.63 or 0.02103920 BTC.
  • Namecoin (NMC) traded up 4% against the dollar and now trades at $0.47 or 0.00013324 BTC.
  • Counterparty (XCP) traded down 4.1% against the dollar and now trades at $2.19 or 0.00062531 BTC.
  • Crown (CRW) traded 4.3% higher against the dollar and now trades at $0.14 or 0.00003954 BTC.
  • CHIPS (CHIPS) traded flat against the dollar and now trades at $0.0471 or 0.00001373 BTC.
  • Terracoin (TRC) traded 0.7% higher against the dollar and now trades at $0.0208 or 0.00000593 BTC.
  • ATBCoin (ATB) traded 0.7% lower against the dollar and now trades at $0.0070 or 0.00000199 BTC.
  • UnbreakableCoin (UNB) traded flat against the dollar and now trades at $0.11 or 0.00001757 BTC.

Bitcoin Profile

Bitcoin is a proof-of-work (PoW) coin that uses the SHA-256 hashing algorithm. Its genesis date was January 3rd, 2009. Bitcoin’s total supply is 17,413,587 coins. The official website for Bitcoin is bitcoin.org. The Reddit community for Bitcoin is /r/bitcoin and the currency’s Github account can be viewed here. Bitcoin’s official Twitter account is @bitcoin and its Facebook page is accessible here. Bitcoin’s official message board 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 traded on the following cryptocurrency exchanges: itBit, Iquant, Coinbase Pro, TOPBTC, UEX, CoinEgg, BitBay, Bibox, Vebitcoin, Bitsane, Allcoin, Coincheck, xBTCe, Huobi, HitBTC, Livecoin, IDCM, Coinhub, Binance, BTC-Alpha, ZB.COM, HADAX, Coinbe, bitFlyer, Negocie Coins, Exmo, OEX, Bittrex, Paribu, Bitlish, Instant Bitex, Liquid, B2BX, BitForex, OOOBTC, LocalTrade, Ovis, Kraken, BitMEX, YoBit, EXX, DragonEX, InfinityCoin Exchange, Upbit, DigiFinex, Fatbtc, BtcTrade.im, Exrates, OKEx, Bitinka, Gate.io, BCEX, LATOKEN, MBAex, BitMart, Bitfinex, BigONE, GOPAX, ChaoEX, Coindeal, FCoin, Hotbit, DOBI trade, Zaif, Cryptopia, Coinsuper, Kryptono, CPDAX, Mercatox, LBank, Poloniex, Coinroom, Cryptonex, Coinsquare, Kucoin, Tidex, Coinone, Sistemkoin, CEX.IO, IDAX, LakeBTC, Bit-Z, Gemini, QuadrigaCX, CoinBene, Bithumb, Bitbank, CoinsBank, Cobinhood, BiteBTC, Simex, CoinEx, Korbit, CoinTiger, RightBTC, BTCBOX, Trade By Trade, C2CX, ABCC and Bitstamp. Investors seeking to acquire Bitcoin using U.S. dollars directly can do so using Gemini, GDAX or Changelly.

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