Currency Image Bitcoin (BTC)

1.000000 BTC (0.00%)
currency icon 41,799.0000 USD (-2.33%)
Market Cap
currency icon 791,269,874,046.0000 USD
Volume (24h)
currency icon 18,264,990,386.0000 USD
Circulating Supply
18,933,000 BTC
Max Supply
21,000,000 BTC
 

Bitcoin Market Pairs

Exchange messages.Pair Volume (24h) Price
HUOBI_GLOBAL BTC/USDT USD 1,417,672,790.12703252 BTC 56,365.11426849
BITFINEX BTC/USD USD 504,233,441.53961527 BTC 56,306.00000000
BITHUMB BTC/KRW USD 297,956,953.49378961 BTC 55,261.83587872
KRAKEN BTC/USD USD 256,348,380.29643989 BTC 56,336.30000000
KUCOIN BTC/USDT USD 190,434,373.33019850 BTC 56,356.62319753
BELPAY BTC/WBTC USD 5,605,122.12162020 BTC 14,291.46489416
BINANCE BTC/USDT USD 12,146.40101980 BTC 42,316.88582978
COINBASE BTC/USD USD 25.80000000 BTC 43,000.00000000

What is Bitcoin?

Overview Image

Bitcoin is a cryptocurrency. It is a decentralized digital currency that is based on cryptography. As such, it can operate without the need of a central authority like a central bank or a company. Bitcoin is unlike government-issued or fiat currencies such as US Dollars or Euro in which they are controlled by the country’s central bank. The decentralized nature allows it to operate on a peer-to-peer network whereby users are able to send funds to each other without going through intermediaries.


Who created Bitcoin?

Bitcoin was created by an unknown individual or group that goes by the name Satoshi Nakamoto with the idea of an electronic peer-to-peer cash system as it is written in a whitepaper. Until today, the true identity of Satoshi Nakamoto has not been verified though there has been speculation and rumor as to who Satoshi might be.


When was Bitcoin launched?

Bitcoin was launched in January 2009 with the first genesis block mined on 9th January 2009.

Historical data for Bitcoin

Date Open* Close* High Low Volume
17 Jan, 2022 43,100.4921 42,232.2742 43,194.4894 41,580.2859 115544.001
16 Jan, 2022 43,086.6824 43,100.4921 43,473.7923 42,668.6778 125150.001
15 Jan, 2022 43,111.8599 43,114.0141 43,753.1571 42,617.1243 126815.001
14 Jan, 2022 42,556.9271 43,124.3310 43,385.5561 41,864.9750 152595.001
13 Jan, 2022 43,951.6032 42,584.5948 44,341.1548 42,368.4284 125250.001
12 Jan, 2022 42,724.7506 43,910.6869 44,241.2498 42,502.9286 125150.001
11 Jan, 2022 41,818.9536 42,724.7506 43,055.1859 41,307.7959 125150.001
10 Jan, 2022 41,880.5500 41,818.9536 42,234.7355 39,731.5796 152056.001
09 Jan, 2022 41,657.2985 41,871.1363 42,715.2374 41,290.1000 112451.001
08 Jan, 2022 41,563.7559 41,683.9423 42,292.0857 40,702.6232 125411.001
07 Jan, 2022 43,112.6651 41,563.7559 43,117.9801 40,951.8370 152056.001
06 Jan, 2022 43,484.9792 43,112.6651 43,739.5443 42,572.4501 152595.001
05 Jan, 2022 45,838.5754 43,484.9792 47,005.5593 42,652.0384 152056.001
04 Jan, 2022 46,502.8981 45,871.3770 47,490.8315 45,672.1618 152595.001
03 Jan, 2022 47,261.1329 46,502.8981 47,540.4245 45,762.5096 125150.001
02 Jan, 2022 47,634.9054 47,309.3438 47,938.4194 46,776.2515 1022520.001
01 Jan, 2022 46,338.5860 47,634.9054 47,904.1544 46,242.4133 126815.001
31 Dec, 2021 47,239.6998 46,242.4133 48,537.4051 45,702.0096 1022520.001
30 Dec, 2021 46,458.4627 47,138.0041 47,913.0844 46,031.8988 115544.001
29 Dec, 2021 47,548.5613 46,466.3274 48,122.1568 46,211.5666 125250.001
28 Dec, 2021 50,687.5675 47,548.5613 50,692.3650 47,368.7898 102564.001
27 Dec, 2021 50,827.2225 50,687.5675 51,985.5238 50,487.7240 112451.001
26 Dec, 2021 50,474.8239 50,827.2225 51,211.2543 49,674.5685 125150.001
25 Dec, 2021 50,836.0568 50,474.8239 51,119.5017 50,267.4631 1022520.001
24 Dec, 2021 50,810.0227 50,836.0568 51,809.8312 50,503.6287 125454.001
23 Dec, 2021 48,623.5257 50,810.0227 51,325.5910 48,094.9499 102564.001
22 Dec, 2021 48,961.8541 48,623.5257 49,558.7367 48,477.6732 125411.001
21 Dec, 2021 46,904.2677 48,958.2550 49,285.6891 46,682.0183 1022520.001
20 Dec, 2021 46,585.0811 46,904.2677 47,400.5846 45,604.8543 125411.001
19 Dec, 2021 46,902.7249 46,634.5655 48,032.0265 46,480.9030 102564.001
18 Dec, 2021 46,152.9227 46,902.7249 47,337.2964 45,596.7108 125150.001

What is Bitcoin?

Bitcoin is a cryptocurrency invented in 2008 by an unknown person or group of people using the name Satoshi Nakamoto[15] and started in 2009[16] when its implementation was released as open-source software.

It is a decentralized digital currency without a central bank or single administrator that can be sent from user to user on the peer-to-peer bitcoin network without the need for intermediaries. Transactions are verified by network nodes through cryptography and recorded in a public distributed ledger called a Blockchain. Bitcoins are created as a reward for a process known as mining. They can be exchanged for other currencies, products, and services.[17] Research produced by University of Cambridge estimates that in 2017, there were 2.9 to 5.8 million unique users using a cryptocurrency wallet, most of them using bitcoin.

Bitcoin has been praised and criticized. Critics noted its use in illegal transactions, the large amount of electricity used by miners, price volatility, and thefts from exchanges. Some economists, including several Nobel laureates, have characterized it as a speculative bubble. Bitcoin has also been used as an investment, although several regulatory agencies have issued investor alerts about bitcoin.

Total Bitcoins in circulation

The successful miner finding the new block is allowed by the rest of the network to reward themselves with newly created bitcoins and transaction fees. As of 11 May 2020, the reward amounted to 6.25 newly created bitcoins per block added to the Blockchain, plus any transaction fees from payments processed by the block. To claim the reward, a special transaction called a coinbase is included with the processed payments. All bitcoins in existence have been created in such coinbase transactions. The bitcoin protocol specifies that the reward for adding a block will be halved every 210,000 blocks (approximately every four years). Eventually, the reward will decrease to zero, and the limit of 21 million bitcoins[g] will be reached c. 2140; the record keeping will then be rewarded solely by transaction fees.

In other words, Nakamoto set a monetary policy based on artificial scarcity at bitcoin's inception that the total number of bitcoins could never exceed 21 million. New bitcoins are created roughly every ten minutes and the rate at which they are generated drops by half about every four years until all will be in circulation.

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January 13, 2022

Crypto Tops Investor Threats for US Securities Regulators

U.S. state protections controllers have uncovered that digital currency ventures are their top financial backer danger this year. "Before you bounce into the crypto frenzy, be careful that digital currencies and related monetary items might be just open confronting fronts for Ponzi plans and different cheats," one controller cautioned.Crypto Is the Top Threat for US Securities RegulatorsThe North American Securities Administrators Association (NASAA) delivered its "yearly rundown of top financial backer dangers" Monday.The NASAA, framed in 1919, is a philanthropic relationship of state, common, and regional protections controllers in the U.S., Canada, and Mexico. The affiliation has 67 individuals, remembering the protections controllers for each of the 50 U.S. states, the District of Columbia, Puerto Rico, and the U.S. Virgin Islands."The top dangers to financial backers were controlled by looking over North American protections controllers to distinguish the most tricky items, practices, or plans," the affiliation clarified. "Speculations attached to cryptographic forms of money and computerized resources" top the rundown of the dangers most frequently refered to by protections controllers, the affiliation noted.Alabama Securities Commission Director Joseph P. Borg remarked:By a long shot, NASAA's protections controllers uncovered that speculations connected with cryptographic forms of money and advanced resources is our top financial backer danger.He expounded: "Accounts of 'crypto tycoons' drawn in certain financial backers to take a stab at putting resources into cryptographic forms of money or crypto-related speculations this year, and with them, numerous accounts of the individuals who bet enormous and lost huge started showing up, and they will keep on showing up in 2022."The NASAA cautioned: "Advanced resources don't fall flawlessly into the current financial backer administrative structure, and it very well might be simpler for the advertisers of these items to wool people in general. All ventures convey the danger that some, or all, of the contributed assets, could be lost."Texas State Securities Board Enforcement Division Director Joseph Rotunda advised:Before you hop into the crypto frenzy, be careful that digital currencies and related monetary items might be just open confronting fronts for Ponzi plans and different cheats.He proceeded: "Interests in digital money exchanging programs, interests in crypto mining pools, crypto vault accounts and securitized tokens ought to be recognized the truth about: incredibly hazardous hypothesis with a high danger of misfortune."
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January 13, 2022

Bitcoins Hashrate Slides 15 Percent in 10 Days Price and Difficulty Puts Pressure on BTC Miners

The cost of bitcoin has been on a long losing streak since November 10, 2021, when the main crypto resource tapped a record-breaking high at $69K per unit. During the most recent fourteen days, bitcoin has shed over 19% in esteem, and the organization's hashrate has dropped from more than 200 exahash each second (EH/s) to 174 EH/s losing generally 15% in ten days.Common Unrest in Kazakhstan Leads to Hashrate Loss Speculation, Kazakhstan's Bitcoin Miners Say Issues Did Not Affect ThemThis week the common distress in Kazakhstan made a many individuals hypothesize on whether or not it would influence Bitcoin's worldwide hashrate. The justification behind this supposition that is on the grounds that it is assessed that Kazakhstan represents basically 18% of the worldwide hashrate, as per the latest appraisals from the Cambridge Center for Alternative Finance (CCAF). Checking out the 30-day outline for Bitcoin's (BTC) hashrate demonstrates that the convention's hashpower lost generally 15% in ten days.Reports coming from Kazakhstan demonstrate that the common distress has balanced out and the country's Data Center Industry and Blockchain Association of Kazakhstan (NABCD), said the issues didn't influence advanced cash diggers. There were a couple of issues that might have impacted bitcoin diggers in the course of the last week that are not related with the issues in Kazakhstan.Bitcoin's Low Price and Higher Difficulty Puts Pressure on Bitcoin MinersFive days prior, bitcoin (BTC) was trading hands for $46.5K per unit yet the cost slid over 10% in esteem. Additionally, north of a month prior, the best performing mining rig with more than 100 terahash each second (TH/s) would get $25 to $30 each day, per machine, and a power pace of $0.12 each kilowatt-hour. Today, that equivalent mining apparatus will create $14.87 each day at the hour of composing, utilizing a similar electrical utilization. The bitcoin value drop could undoubtedly influence the hashrate and could be one reason it has dropped 15%.Another motivation behind why the hashrate dropped 15% could be a result of the last mining trouble increment. The keep going increment occurred on January 8, 2022, as the organization's mining trouble hopped 0.41 % higher. While that may not be that quite a bit of an expansion, the trouble is outrageously near the measurement's record-breaking high, and the organization has seen three continuous expansions in succession. In over 11 days from now, the mining trouble is relied upon to increment once more, up 0.67% from where it is today.As of now, pool appropriation measurements in the course of the most recent three days show F2pool and Foundry USA are the world's top mining pool today, as the two pools have 16.74% of the worldwide hash rate each or 29.03 EH/s per pool. There are 13 realized mining pools committing SHA256 hashrate to the BTC chain and obscure hashrate addresses 1.40% of the total or 2.42 EH/s. In spite of the new hashrate drop, from December 31 up until now, the hashrate is up 26.08% since the day preceding the new year.
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Bitcoin Price

  • Bitcoin Price currency icon 41,799.0000 USD
  • 24 Hour High / Low currency icon 42,832.0000 USD /
    currency icon 41,609.0000 USD
  • 24 Hour Volume currency icon 18,264,990,386.0000 USD
  • Market Cap currency icon 791,269,874,046.0000 USD
  • Market Cap Rank #1
  • Market Cap Dominance 23.9925%
  • Bitcoin/Bitcoin Ratio 1 BTC = 1.0000 BTC
  • 7 Day High / Low currency icon 44,341.2000 USD /
    currency icon 41,307.8000 USD
  • 30 Day High / Low currency icon 51,985.5000 USD /
    currency icon 39,731.6000 USD
  • 90 Day High / Low currency icon 68,892.0000 USD /
    currency icon 39,731.6000 USD
  • 52 Week High / Low currency icon 68,892.0000 USD /
    currency icon 28,897.9000 USD
  • All Time High currency icon 68,892.0000 USD
  • All Time Low currency icon 65.5300 USD
  • Bitcoin ROI 9810 %
  • Trading Volume currency icon 791,269,874,046.0000
  • Circulating Supply 18,933,000 BTC
  • Total Supply 18,933,000 BTC
  • Max Supply 21,000,000 BTC

Cryptocurrency Converter Calculator

1 White Bitcoin (WBTC)
=
41,799.0000 United State Doller (USD)
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Frequently Asked Questions

Bitcoin is the first cryptocurrency which is operated through an open source and peer to peer network which means that there is no central authority such as a bank or government controlling it's operation. Cryptocurrency has emerged as a currency which is accepted worldwide. The currency is the first digital currency which is held in computers and not like rupee notes. It is produced collectively by enterprises all over the word by using advanced computer software that solves mathematical problems.Bitcoin was launched in 2009 with an idea to set aside different currency and make a central currency valid all over the world. The reason why it has seen immense growth since it’s launch is that it is free of all governmental norms and is completely centralised, moreover there are only 21 million bitcoins currently in circulation and since this number is stagnant and the demand is growing, the prices will increase automatically. Bitcoin is the pioneer of creating a currency system that didn’t involve banks; rather, it is operating on a decentralized ledger using technology known as Blockchain.Hence, bitcoin being the pioneer is still one of the most trusted cryptocurrency due to it's ever evolving and profitable nature.

Bitcoin works on a ledger system using the technology of Blockchain. Each Bitcoin can be considered as a computer file which instead of being in your bank account is on your digital wallet, which can be made on a smartphone or computer. These bitcoins can be used to make any kind of transactions, people can send you in form of payment to your wallet and you can send bitcoins to other people for any kind of payment. Every payment is then recorded on the blockchain ledger which is an open source network and hence all the activities can be tracked. Which makes it possible to go back on the ledger and track the fraudulent activities such as using bitcoins you don’t own, undoing transaction history or copying a bitcoin. Cryptocurrency is often considered unsafe but if you are aware of the system , nobody can fool you.There are 3 ways in which you can get Bitcoins:You purchase them using your country's currency.You receive them by selling products or services.You mint them by solving the Advance mathematical problems, through which you can create new Bitcoins, but this could take many years. After obtaining the Bitcoin you can start trading it, using an anonymous ID.

Cryptocurrency is a new type of currency which is in digital form which is used as a medium of exchange. It has become very prominent in the last 5-10 years, for example, bitcoin has almost become an alternative currency . Most of the time, cryptocurrency is electronic-only and isn’t traded in physical form.Cryptographic money appeals to many individuals in view of its capacity to exist without a national bank and along these lines concerns secrecy and subterfuge. It appeals because of its capacity to hold esteem and not be inflated away by national banks that need to print cash. It's likewise hard to fake due to the blockchain record framework that deals with the currency.Cryptocurrencies are produced, tracked and managed through what’s called a distributed ledger such as blockchain. In a distributed ledger, the currency’s movement is processed by computers in a decentralized network, to ensure the integrity of the financial data and ownership of the cryptocurrency. Think of it like a giant never-ending receipt of all the system’s transactions that is being constantly verified by everyone who can see the receipt.Crypto-currency is said to be people’s currency which has set to become an alternative for businesses to conduct and expand business worldwide with more ease.

Blockchain technology is a new-age system of record keeping which is based on decentralized technology to secure data and promote transparency. It is distinguished from the conventional methods on fundamental bases- it stores the information in forms of block, and each block is connected to the subsequent block. On the ledger of blockchain technology any kind of information can be stored but most prominently it has been used to store financial transactions. For example, bitcoin uses blockchain to store all the data through which all transactions can be tracked easily and no central authority has control of the currency but it is divided in the decentralized way.Another important part of blockchain ledger is that once the information is stored it can’t be reversed and hence the data can’t be forged in any way and makes the system very secure.Blockchain has been widely used nowadays in many systems such as delivery tracking systems, administration systems, storing confidential information of scientific labs and paths, financial ledger systems and much more. Businesses are adopting it to bring transparency into their system and create an effective system for working.

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