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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A third solo #bitcoin miner has successfully mined a block on ckpool.

Per @ckpooldev's Tweets, while the miner's hashrate has fluctuated, at the time the block was solved the miner only had 8.3TH/s, less than the hashrate of an Antminer S9.

2

$HOOD @RobinhoodApp has never allowed its users to transfer or withdraw #bitcoin out of its own custodial wallet.

However, the company is now beta testing a withdrawal feature, a move which may spur a new wave of non-custodial holders.

https://www.btctimes.com/news/robinhood-rolls-out-bitcoin-withdrawals

The Russian Central Bank has suggested a ban on cryptocurrency mining and usage in the country.

It cited the speculative nature and energy usage of cryptocurrencies as primary concerns.

https://www.btctimes.com/news/russian-central-bank-suggests-banning-cryptocurrencies

Another exchange has been hacked.

Almost 400 accounts were affected in this latest breach which saw BTC and other cryptocurrencies stolen from users.

https://www.btctimes.com/news/millions-stolen-from-crypto-com-in-hack

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