Bitcoin (CURRENCY:BTC) traded up 2.9% against the U.S. dollar during the twenty-four hour period ending at 22:00 PM E.T. on August 25th. Over the last week, Bitcoin has traded 0% higher against the U.S. dollar. One Bitcoin coin can currently be bought for $10,421.07 on popular cryptocurrency exchanges including Coinhub, Fatbtc, LocalTrade and Upbit. Bitcoin has a market capitalization of $186.51 billion and approximately $17.07 billion worth of Bitcoin was traded on exchanges in the last 24 hours.
Here’s how related cryptocurrencies have performed over the last 24 hours:
- Bitcoin Cash (BCH) traded up 1.7% against the dollar and now trades at $311.89 or 0.02990558 BTC.
- Steem (STEEM) traded down 1.9% against the dollar and now trades at $0.19 or 0.00001778 BTC.
- Unobtanium (UNO) traded 1.1% higher against the dollar and now trades at $74.36 or 0.00711583 BTC.
- Namecoin (NMC) traded 1.6% higher against the dollar and now trades at $0.74 or 0.00007119 BTC.
- Counterparty (XCP) traded up 4.3% against the dollar and now trades at $1.95 or 0.00018642 BTC.
- Crown (CRW) traded 0.7% lower against the dollar and now trades at $0.0665 or 0.00000639 BTC.
- Terracoin (TRC) traded up 5.8% against the dollar and now trades at $0.0369 or 0.00000354 BTC.
- PIXEL (PXL) traded up 0.2% against the dollar and now trades at $0.0077 or 0.00000074 BTC.
- CHIPS (CHIPS) traded flat against the dollar and now trades at $0.0205 or 0.00000392 BTC.
- Zetacoin (ZET) traded 7.5% higher 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: CoinBene, Vebitcoin, Bittrex, LBank, Exrates, xBTCe, Poloniex, HADAX, Liquid, Coinbase Pro, Kucoin, CoinsBank, EXX, CoinTiger, Covesting, BigONE, Tidex, OEX, Binance, Coinsquare, OOOBTC, Huobi, BiteBTC, Hotbit, DragonEX, Bitbank, CoinEgg, Kraken, Sistemkoin, BTCBOX, Coinhub, Ovis, Allcoin, bitFlyer, BtcTrade.im, Fatbtc, Trade By Trade, Iquant, Zaif, Coinbe, Cryptopia, Bitfinex, Coincheck, BitBay, GOPAX, ABCC, B2BX, Bitinka, Coinsuper, DOBI trade, BitMart, itBit, Bithumb, Coinone, Simex, LATOKEN, CEX.IO, Upbit, LakeBTC, OKEx, CoinEx, Cobinhood, BCEX, BitMEX, YoBit, IDCM, BTC-Alpha, Gemini, Mercatox, Livecoin, Coinroom, Bitstamp, Korbit, Bibox, FCoin, Bitlish, IDAX, Exmo, UEX, Cryptonex, ChaoEX, Bit-Z, Instant Bitex, BitForex, Gate.io, Bitsane, InfinityCoin Exchange, HitBTC, TOPBTC, Paribu, Coindeal, QuadrigaCX, LocalTrade, Kryptono, RightBTC, C2CX, DigiFinex, CPDAX, MBAex, ZB.COM and Negocie Coins. Investors seeking to trade Bitcoin using US dollars directly can do so using Changelly, Gemini or GDAX.
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