Bitcoin (CURRENCY:BTC) traded down 0.1% against the U.S. dollar during the 24-hour period ending at 19:00 PM E.T. on January 26th. Bitcoin has a total market capitalization of $62.95 billion and $5.08 billion worth of Bitcoin was traded on exchanges in the last day. Over the last seven days, Bitcoin has traded down 3.8% against the U.S. dollar. One Bitcoin coin can currently be bought for approximately $3,596.33 on major exchanges including CoinEgg, BiteBTC, bitFlyer and Allcoin.
Here’s how related cryptocurrencies have performed over the last day:
- Bitcoin Cash (BCH) traded down 0.9% against the dollar and now trades at $126.83 or 0.03538054 BTC.
- Steem (STEEM) traded down 4.8% against the dollar and now trades at $0.34 or 0.00009397 BTC.
- Unobtanium (UNO) traded 13.6% higher against the dollar and now trades at $75.65 or 0.02109449 BTC.
- Namecoin (NMC) traded 0.3% lower against the dollar and now trades at $0.71 or 0.00019821 BTC.
- Counterparty (XCP) traded 0.6% lower against the dollar and now trades at $1.93 or 0.00053736 BTC.
- Crown (CRW) traded 1.6% higher against the dollar and now trades at $0.11 or 0.00003046 BTC.
- CHIPS (CHIPS) traded 0.4% lower against the dollar and now trades at $0.0467 or 0.00001303 BTC.
- ATBCoin (ATB) traded up 47.6% against the dollar and now trades at $0.0114 or 0.00000317 BTC.
- Terracoin (TRC) traded 17.6% lower against the dollar and now trades at $0.0163 or 0.00000455 BTC.
- UnbreakableCoin (UNB) traded flat against the dollar and now trades at $0.11 or 0.00001757 BTC.
Bitcoin Coin Profile
Bitcoin (BTC) 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 17,503,312 coins. The Reddit community for Bitcoin is /r/bitcoin and the currency’s Github account can be viewed here. Bitcoin’s official message board is bitcointalk.org. Bitcoin’s official website is bitcoin.org. Bitcoin’s official Twitter account is @bitcoin and its Facebook page is accessible here.
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 purchased on the following cryptocurrency exchanges: Bitlish, Bit-Z, BigONE, Bibox, Instant Bitex, Huobi, Iquant, Cobinhood, Coinsuper, Hotbit, FCoin, Ovis, DOBI trade, ChaoEX, CoinBene, Korbit, Coinhub, Gate.io, Bitinka, LocalTrade, Bithumb, LBank, Liquid, Paribu, RightBTC, TOPBTC, BCEX, Trade By Trade, Mercatox, Gemini, Upbit, Coindeal, BitForex, Coinbase Pro, Bittrex, MBAex, Exmo, xBTCe, IDCM, IDAX, Binance, Fatbtc, LakeBTC, B2BX, bitFlyer, Bitstamp, Poloniex, DragonEX, Allcoin, Kryptono, EXX, Cryptonex, BTC-Alpha, CPDAX, CoinsBank, OEX, Cryptopia, Bitfinex, Coinsquare, Kucoin, Bitsane, ABCC, LATOKEN, Negocie Coins, CoinEx, Coinone, BitBay, CEX.IO, Exrates, QuadrigaCX, UEX, BtcTrade.im, OOOBTC, Livecoin, CoinEgg, BTCBOX, GOPAX, Tidex, CoinTiger, BitMEX, Simex, Kraken, BitMart, Bitbank, OKEx, ZB.COM, C2CX, Zaif, Covesting, YoBit, HADAX, Coinbe, BiteBTC, Sistemkoin, Coincheck, HitBTC, Vebitcoin, InfinityCoin Exchange, DigiFinex, Coinroom and itBit. Investors seeking to acquire Bitcoin using US dollars directly can do so using Gemini, GDAX or Changelly.
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