Bitcoin (BTC) Hits 24-Hour Volume of $22.74 Billion
Bitcoin (CURRENCY:BTC) traded down 4.3% against the dollar during the twenty-four hour period ending at 20:00 PM Eastern on November 21st. In the last week, Bitcoin has traded down 11.6% against the dollar. Bitcoin has a market capitalization of $138.53 billion and $22.74 billion worth of Bitcoin was traded on exchanges in the last 24 hours. One Bitcoin coin can now be bought for $7,670.29 on major exchanges including HADAX, Hotbit, itBit and xBTCe.
Here’s how other cryptocurrencies have performed in the last 24 hours:
- Bitcoin Cash (BCH) traded 6.7% lower against the dollar and now trades at $227.84 or 0.02971879 BTC.
- Steem (STEEM) traded down 6.8% against the dollar and now trades at $0.13 or 0.00001655 BTC.
- Unobtanium (UNO) traded 10.1% lower against the dollar and now trades at $47.42 or 0.00618543 BTC.
- Namecoin (NMC) traded 3.6% lower against the dollar and now trades at $0.40 or 0.00005218 BTC.
- Counterparty (XCP) traded down 4% against the dollar and now trades at $1.53 or 0.00019935 BTC.
- Color Platform (CLR) traded 2.2% higher against the dollar and now trades at $0.0119 or 0.00000155 BTC.
- Terracoin (TRC) traded down 3.6% against the dollar and now trades at $0.0453 or 0.00000590 BTC.
- Crown (CRW) traded 0.6% lower against the dollar and now trades at $0.0422 or 0.00000549 BTC.
- PIXEL (PXL) traded down 7% against the dollar and now trades at $0.0241 or 0.00000313 BTC.
- CHIPS (CHIPS) traded flat against the dollar and now trades at $0.0205 or 0.00000392 BTC.
About Bitcoin
Bitcoin (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 18,060,525 coins. Bitcoin’s official Twitter account is @bitcoin and its Facebook page is accessible here. The official message board for Bitcoin is bitcointalk.org. The Reddit community for Bitcoin is /r/bitcoin and the currency’s Github account can be viewed here. The official website for Bitcoin is bitcoin.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 traded on the following cryptocurrency exchanges: Gate.io, Fatbtc, bitFlyer, B2BX, BitBay, DigiFinex, LocalTrade, Bit-Z, TOPBTC, BigONE, Ovis, ZB.COM, Coinsquare, BiteBTC, BtcTrade.im, Negocie Coins, Coinone, Exrates, EXX, C2CX, Zaif, Bitsane, Liquid, MBAex, Vebitcoin, CoinEgg, DOBI trade, RightBTC, Paribu, Bitinka, IDCM, BitMEX, xBTCe, BTC-Alpha, Covesting, InfinityCoin Exchange, Coinhub, Coinroom, HitBTC, LATOKEN, BitForex, IDAX, Bitstamp, Korbit, CoinBene, HADAX, Coinsuper, BCEX, Trade By Trade, QuadrigaCX, Bitlish, LBank, DragonEX, Kucoin, Cobinhood, Coincheck, Iquant, FCoin, UEX, Huobi, Coinbe, itBit, Exmo, Mercatox, OOOBTC, Bittrex, BTCBOX, Bibox, CoinEx, Cryptonex, Bithumb, ABCC, Tidex, Sistemkoin, LakeBTC, Bitbank, Upbit, YoBit, Kryptono, CEX.IO, OKEx, Poloniex, Livecoin, Cryptopia, Binance, BitMart, Coindeal, ChaoEX, Bitfinex, Instant Bitex, Coinbase Pro, Hotbit, Allcoin, Simex, CPDAX, GOPAX, Kraken, CoinTiger, CoinsBank, Gemini and OEX. Investors seeking to trade Bitcoin using US dollars directly can do so using Changelly, Coinbase or GDAX.
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