Bitcoin (CURRENCY:BTC) traded up 2.5% against the U.S. dollar during the 24-hour period ending at 13:00 PM Eastern on August 19th. During the last week, Bitcoin has traded 6.1% lower against the U.S. dollar. Bitcoin has a total market cap of $191.20 billion and $15.17 billion worth of Bitcoin was traded on exchanges in the last day. One Bitcoin coin can currently be bought for approximately $10,690.44 on cryptocurrency exchanges including Coinbase Pro, Bithumb, Bittrex and BTCBOX.
Here is how similar cryptocurrencies have performed during the last day:
- Bitcoin Cash (BCH) traded 0.1% lower against the dollar and now trades at $319.75 or 0.02991579 BTC.
- Steem (STEEM) traded up 0.9% against the dollar and now trades at $0.18 or 0.00001642 BTC.
- Unobtanium (UNO) traded 1.4% higher against the dollar and now trades at $81.20 or 0.00759549 BTC.
- Namecoin (NMC) traded up 0.3% against the dollar and now trades at $0.75 or 0.00007048 BTC.
- Counterparty (XCP) traded 6.5% higher against the dollar and now trades at $2.11 or 0.00019755 BTC.
- Crown (CRW) traded down 2.9% against the dollar and now trades at $0.0653 or 0.00000611 BTC.
- Terracoin (TRC) traded down 3.7% against the dollar and now trades at $0.0340 or 0.00000318 BTC.
- PIXEL (PXL) traded down 12.6% against the dollar and now trades at $0.0081 or 0.00000076 BTC.
- CHIPS (CHIPS) traded flat against the dollar and now trades at $0.0205 or 0.00000392 BTC.
- Zetacoin (ZET) traded down 10.5% against the dollar and now trades at $0.0020 or 0.00000019 BTC.
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 bought or sold on these cryptocurrency exchanges: GOPAX, Coinbase Pro, Negocie Coins, Huobi, Coinhub, Bit-Z, CoinTiger, Coincheck, Bittrex, CEX.IO, Hotbit, Simex, BitMEX, CPDAX, Poloniex, xBTCe, Kucoin, MBAex, Cryptopia, LATOKEN, Bitfinex, Bitlish, BitMart, CoinsBank, Livecoin, BigONE, Bitinka, Coinone, Cobinhood, InfinityCoin Exchange, Coinsquare, Exmo, CoinBene, Binance, OOOBTC, TOPBTC, bitFlyer, BtcTrade.im, Allcoin, Bibox, CoinEgg, B2BX, Gate.io, Coinbe, EXX, Mercatox, Bitbank, Zaif, Bitsane, Trade By Trade, Upbit, LBank, YoBit, BiteBTC, HADAX, Korbit, IDCM, BitForex, CoinEx, Instant Bitex, Coinsuper, OKEx, ABCC, ChaoEX, Coinroom, Liquid, DOBI trade, C2CX, Tidex, UEX, ZB.COM, OEX, itBit, Exrates, HitBTC, RightBTC, DragonEX, Bitstamp, Vebitcoin, LocalTrade, BTCBOX, Covesting, Cryptonex, IDAX, Gemini, Bithumb, LakeBTC, Iquant, Fatbtc, Coindeal, Kryptono, BitBay, Ovis, QuadrigaCX, Kraken, BCEX, BTC-Alpha, DigiFinex, Paribu, Sistemkoin and FCoin. Investors seeking to acquire Bitcoin using US dollars directly can do so using Gemini, Changelly or GDAX.
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