Bitcoin (CURRENCY:BTC) traded up 5.2% against the U.S. dollar during the one day period ending at 20:00 PM ET on June 14th. In the last week, Bitcoin has traded 8% higher against the U.S. dollar. Bitcoin has a market cap of $153.76 billion and approximately $19.85 billion worth of Bitcoin was traded on exchanges in the last day. One Bitcoin coin can currently be purchased for approximately $8,657.66 on exchanges including Bibox, Bitinka, Gemini and Mercatox.
Here’s how similar cryptocurrencies have performed in the last day:
- Bitcoin Cash (BCH) traded up 1.5% against the dollar and now trades at $418.60 or 0.04843747 BTC.
- Steem (STEEM) traded 3.7% lower against the dollar and now trades at $0.40 or 0.00004664 BTC.
- Unobtanium (UNO) traded 2.6% higher against the dollar and now trades at $125.23 or 0.01450122 BTC.
- Namecoin (NMC) traded up 1.5% against the dollar and now trades at $0.60 or 0.00006928 BTC.
- Counterparty (XCP) traded up 45.3% against the dollar and now trades at $3.12 or 0.00036159 BTC.
- Crown (CRW) traded 3.5% higher against the dollar and now trades at $0.17 or 0.00001971 BTC.
- Terracoin (TRC) traded up 58% against the dollar and now trades at $0.0426 or 0.00000493 BTC.
- ATBCoin (ATB) traded 3.5% higher against the dollar and now trades at $0.0140 or 0.00000162 BTC.
- CHIPS (CHIPS) traded flat against the dollar and now trades at $0.0205 or 0.00000392 BTC.
- Zetacoin (ZET) traded 2.8% higher against the dollar and now trades at $0.0018 or 0.00000021 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: Kraken, Cryptonex, Coinbase Pro, RightBTC, Cobinhood, TOPBTC, Kryptono, Bit-Z, BCEX, Bithumb, HADAX, Coinroom, CoinBene, CoinTiger, CoinEx, QuadrigaCX, CEX.IO, LBank, BitMEX, BitMart, Bitlish, Bibox, Bitfinex, Sistemkoin, MBAex, OKEx, Coinone, ChaoEX, Coinhub, LakeBTC, Fatbtc, DOBI trade, UEX, Instant Bitex, DragonEX, Bitstamp, CoinsBank, Trade By Trade, YoBit, Gate.io, itBit, Gemini, Liquid, Bitinka, CoinEgg, GOPAX, Korbit, ZB.COM, CPDAX, DigiFinex, BtcTrade.im, IDCM, xBTCe, BitBay, Livecoin, Vebitcoin, Simex, FCoin, Bitbank, ABCC, BiteBTC, Paribu, Exmo, Bittrex, OEX, Huobi, Coinbe, Mercatox, Iquant, B2BX, BTCBOX, bitFlyer, Kucoin, Ovis, Coinsuper, Covesting, HitBTC, C2CX, Negocie Coins, EXX, Poloniex, LATOKEN, Bitsane, Hotbit, BigONE, LocalTrade, IDAX, Allcoin, Upbit, Binance, Zaif, Coindeal, Coincheck, BitForex, OOOBTC, Cryptopia, BTC-Alpha, Tidex, Exrates, Coinsquare and InfinityCoin Exchange. Investors seeking to acquire Bitcoin using U.S. dollars directly can do so using Changelly, Gemini or Coinbase.
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