Bitcoin current price is $63,485.00.

bitcoin Bitcoin (BTC)

$63,485.00
0.54% (24H)
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Market CapVolumeAvailable Supply
$1,187.44 B $75.44 B18.68 M BTC

Bitcoin current price is $63,485.00 with a marketcap of $1,187.44 B. Its price is 0.54% up in last 24 hours.

Bitcoin is the first successful internet money based on peer-to-peer technology; whereby no central bank or authority is involved in the transaction and production of the Bitcoin currency. It was created by an anonymous individual/group under the name, Satoshi Nakamoto. The source code is available publicly as an open source project, anybody can look at it and be part of the developmental process. Bitcoin is changing the way we see money as we speak. The idea was to produce a means of exchange, independent of any central authority, that could be transferred electronically in a secure, verifiable and immutable way. It is a decentralized peer-to-peer internet currency making mobile payment easy, very low transaction fees, protects your identity, and it works anywhere all the time with no central authority or banks. Bitcoin is design to have only 21 million BTC ever created, thus making it a deflationary currency. Bitcoin uses the SHA-256 hashing algorithm with an average transaction confirmation time of 10 minutes. Miners today are mining Bitcoin using ASIC chip dedicated to only mining Bitcoin, and the hash rate has shot up to peta hashes. Being the first successful online cryptography currency, Bitcoin has inspired other alternative currencies such as Litecoin, Peercoin, Primecoin, and so on. The cryptocurrency then took off with the innovation of the turing-complete smart contract by Ethereum which led to the development of other amazing projects such as EOS, Tron, and even crypto-collectibles such as CryptoKitties.

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10 Bitcoin (BTC)
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634,850.00USD

Date Price Volume MarketCap
# Exchange Pair Price Volume (24h) Updated

China's central bank has issued a statement ordering banks and payment service providers to cut off all #Bitcoin-linked transactions. Meanwhile, Bitcoin companies prepare to move abroad.

@ItsTwoTM reports

https://www.btctimes.com/news/pboc-orders-banks-alipay-to-cut-off-bitcoin-linked-transactions

.@MicroStrategy now holds over 100,000 #bitcoin.

@joshua_chretien reports

https://www.btctimes.com/news/microstrategy-now-owns-over-100000-bitcoin

China‘s crackdown on #bitcoin mining is good for everyone except China.

https://www.btctimes.com/news/as-china-cracks-down-on-miners-bitcoiners-expect-shift

As China's crackdown on local #Bitcoin mining operations materializes, bitcoiners are expecting an accelerated shift of hash rate away from China and towards more welcoming countries, including the U.S. and Canada.

@ItsTwoTM reports

https://www.btctimes.com/news/as-china-cracks-down-on-miners-bitcoiners-expect-shift

#Bitcoin exchange @CoinCorner has revealed the result of a research project exploring ways to lower the risk associated with hot wallets: “Hoffline,” an automated, air-gapped Bitcoin hot wallet with the private key stored offline.

@ItsTwoTM reports

https://www.btctimes.com/news/coincorner-presents-hot-wallet-with-offline-keys

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