Bitcoin Hits 1-Day Volume of $18.43 Billion (BTC)

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Bitcoin (CURRENCY:BTC) traded up 2.6% against the U.S. dollar during the 24-hour period ending at 9:00 AM Eastern on December 4th. One Bitcoin coin can currently be purchased for about $7,527.08 on major exchanges including BCEX, LATOKEN, Ovis and Huobi. Bitcoin has a total market capitalization of $136.11 billion and approximately $18.43 billion worth of Bitcoin was traded on exchanges in the last day. In the last week, Bitcoin has traded up 3.4% against the U.S. dollar.

Here is how related cryptocurrencies have performed in the last day:

  • Bitcoin Cash (BCH) traded 0.6% higher against the dollar and now trades at $216.07 or 0.02872373 BTC.
  • Steem (STEEM) traded up 3.2% against the dollar and now trades at $0.12 or 0.00001655 BTC.
  • Unobtanium (UNO) traded down 17.7% against the dollar and now trades at $41.64 or 0.00552948 BTC.
  • Namecoin (NMC) traded up 1.7% against the dollar and now trades at $0.40 or 0.00005396 BTC.
  • Counterparty (XCP) traded 1.8% lower against the dollar and now trades at $1.46 or 0.00019423 BTC.
  • Color Platform (CLR) traded down 5.9% against the dollar and now trades at $0.0114 or 0.00000152 BTC.
  • Terracoin (TRC) traded up 4.1% against the dollar and now trades at $0.0625 or 0.00000830 BTC.
  • Crown (CRW) traded 6.9% higher against the dollar and now trades at $0.0419 or 0.00000557 BTC.
  • PIXEL (PXL) traded 12.7% lower against the dollar and now trades at $0.0132 or 0.00000177 BTC.
  • CHIPS (CHIPS) traded flat against the dollar and now trades at $0.0205 or 0.00000392 BTC.

Bitcoin Coin Profile

Bitcoin is a proof-of-work (PoW) coin that uses the SHA-256 hashing algorithm. It launched on January 3rd, 2009. Bitcoin’s total supply is 18,082,725 coins. Bitcoin’s official Twitter account is @bitcoin and its Facebook page is accessible here. The Reddit community for Bitcoin is /r/bitcoin and the currency’s Github account can be viewed here. The official message board for Bitcoin is bitcointalk.org. Bitcoin’s official website is bitcoin.org.

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 these cryptocurrency exchanges: Simex, LATOKEN, Bitlish, itBit, Coinbase Pro, Vebitcoin, Gemini, Coinsuper, Bitbank, BCEX, Coindeal, DigiFinex, Paribu, C2CX, CoinEx, OEX, Negocie Coins, Ovis, BTC-Alpha, BitBay, Bitfinex, YoBit, Cobinhood, Korbit, InfinityCoin Exchange, ABCC, LakeBTC, Bit-Z, CoinsBank, HitBTC, Liquid, Bittrex, OKEx, IDCM, TOPBTC, xBTCe, Cryptonex, HADAX, Coinroom, IDAX, Hotbit, DOBI trade, Instant Bitex, Kryptono, Sistemkoin, FCoin, BiteBTC, BitMart, BTCBOX, Exrates, Bithumb, Bibox, RightBTC, CoinTiger, Bitsane, BitMEX, Kucoin, GOPAX, Trade By Trade, DragonEX, Mercatox, Cryptopia, CoinEgg, Coinsquare, Huobi, LBank, Coinbe, B2BX, OOOBTC, Zaif, QuadrigaCX, LocalTrade, Bitinka, MBAex, BitForex, CPDAX, ZB.COM, Allcoin, Exmo, Poloniex, CoinBene, Kraken, Livecoin, Coincheck, Iquant, BtcTrade.im, Coinone, CEX.IO, Binance, ChaoEX, Covesting, Coinhub, Upbit, bitFlyer, BigONE, Tidex, Bitstamp, UEX, Fatbtc, EXX and Gate.io. Investors seeking to acquire Bitcoin using U.S. dollars directly can do so using Coinbase, Changelly or GDAX.

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