Bitcoin (CURRENCY:BTC) traded up 0.1% against the US dollar during the 1-day period ending at 20:00 PM Eastern on June 13th. During the last seven days, Bitcoin has traded 1.9% lower against the US dollar. Bitcoin has a market capitalization of $174.51 billion and approximately $17.53 billion worth of Bitcoin was traded on exchanges in the last 24 hours. One Bitcoin coin can now be bought for $9,482.27 on popular cryptocurrency exchanges including Ovis, OEX, InfinityCoin Exchange and bitFlyer.
Here’s how other cryptocurrencies have performed during the last 24 hours:
- Bitcoin Cash (BCH) traded down 0.1% against the dollar and now trades at $241.12 or 0.02542806 BTC.
- Steem (STEEM) traded up 0.8% against the dollar and now trades at $0.21 or 0.00002170 BTC.
- Unobtanium (UNO) traded 2.4% higher against the dollar and now trades at $61.71 or 0.00650804 BTC.
- Namecoin (NMC) traded down 1.6% against the dollar and now trades at $0.46 or 0.00004901 BTC.
- Counterparty (XCP) traded down 0.7% against the dollar and now trades at $1.02 or 0.00010805 BTC.
- Color Platform (CLR) traded up 1.6% against the dollar and now trades at $0.0131 or 0.00000138 BTC.
- Crown (CRW) traded 6.9% higher against the dollar and now trades at $0.0717 or 0.00000756 BTC.
- DAOBet (BET) traded 1.4% higher against the dollar and now trades at $0.0084 or 0.00000088 BTC.
- Terracoin (TRC) traded down 0.3% against the dollar and now trades at $0.0378 or 0.00000399 BTC.
- PIXEL (PXL) traded 5.1% higher against the dollar and now trades at $0.0135 or 0.00000142 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 traded on the following cryptocurrency exchanges: CoinTiger, DragonEX, C2CX, DigiFinex, xBTCe, Bitbank, Iquant, RightBTC, Huobi, Kryptono, Instant Bitex, CEX.IO, OEX, LBank, Ovis, YoBit, Negocie Coins, Hotbit, Korbit, itBit, Kraken, Vebitcoin, ZB.COM, QuadrigaCX, CoinEgg, BitMEX, BiteBTC, CoinsBank, Coinroom, FCoin, DOBI trade, CoinBene, ChaoEX, IDCM, OOOBTC, Tidex, Gemini, BCEX, Coinsuper, Bitlish, HitBTC, Livecoin, Bittrex, HADAX, UEX, Simex, CoinEx, Gate.io, Coindeal, Bibox, Coincheck, B2BX, Cobinhood, Fatbtc, Cryptopia, Coinsquare, Poloniex, Covesting, BigONE, TOPBTC, Bit-Z, GOPAX, LakeBTC, Coinbe, Paribu, Mercatox, BTCBOX, bitFlyer, Bithumb, BitMart, Coinbase Pro, Bitsane, LocalTrade, MBAex, Zaif, Kucoin, EXX, Trade By Trade, BitForex, IDAX, Coinhub, Binance, Bitinka, Bitfinex, OKEx, Upbit, CPDAX, InfinityCoin Exchange, Coinone, Cryptonex, BitBay, Exrates, BTC-Alpha, BtcTrade.im, Bitstamp, Allcoin, Exmo, Sistemkoin, ABCC, Liquid and LATOKEN. Investors seeking to acquire Bitcoin using U.S. dollars directly can do so using Coinbase, Gemini or GDAX.
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