Currency Image Bitcoin (BTC)

When is the next Bitcoin halving in 2024?
Bitcoin halving Countdown
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It is anticipated that the next Bitcoin halving will occur in April 2024. Since the date is dependent on the block height, it is hard to predict with precision. The next Bitcoin halving is anticipated to take place in April 2024 when the block height reaches 840,000, as halving occurs every 210,000 blocks.

 

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 5,189,778.10914610 BTC 4,797.97952060
BINANCE BTC/USDT USD 231.62302135 BTC 19,785.01830400
COINBASE BTC/USD USD 134.40000000 BTC 42,000.00000000

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
18 Mar, 2024 68,407.7327 68,374.3789 68,407.7327 68,374.3789 125150.001
17 Mar, 2024 65,336.6386 68,407.7327 68,821.2500 64,698.8173 125250.001
16 Mar, 2024 69,444.6159 69,450.6191 69,466.8671 69,444.6159 125454.001
15 Mar, 2024 71,458.6430 69,444.6159 72,234.7093 66,023.8905 125150.001
14 Mar, 2024 73,081.1539 73,070.8052 73,086.0190 73,070.8052 125250.001
13 Mar, 2024 71,459.9485 73,081.1539 73,592.7147 71,323.7096 112451.001
12 Mar, 2024 72,098.3030 72,143.2393 72,146.7367 72,096.1428 125150.001
11 Mar, 2024 69,012.2770 72,098.3030 72,749.3882 67,652.2897 152056.001
10 Mar, 2024 68,464.6276 68,470.2703 68,471.8399 68,461.2776 152595.001
09 Mar, 2024 68,295.3586 68,464.6276 68,647.5489 67,933.5868 102564.001
08 Mar, 2024 66,935.7046 66,974.1395 67,276.3969 66,861.7849 125454.001
07 Mar, 2024 66,140.1123 66,935.7046 68,037.9574 65,741.6294 126815.001
06 Mar, 2024 63,787.6007 63,804.8444 63,804.9106 63,787.6007 1022520.001
05 Mar, 2024 68,272.4939 63,787.6007 68,812.1577 61,257.2271 126815.001
04 Mar, 2024 63,146.8162 63,151.7238 63,162.9368 63,141.9487 126815.001
03 Mar, 2024 62,040.8948 63,146.8162 63,245.2097 61,459.6351 125411.001
02 Mar, 2024 62,428.9856 62,424.3671 62,429.5051 62,424.3671 102564.001
01 Mar, 2024 61,260.9627 62,428.9856 62,906.5411 60,802.7641 112451.001
29 Feb, 2024 62,531.8489 62,483.4583 62,531.8489 62,483.4583 112451.001
28 Feb, 2024 57,090.3608 62,531.8489 63,462.6944 56,772.3376 126815.001
27 Feb, 2024 54,526.2626 54,546.0416 54,546.0416 54,526.2134 102564.001
26 Feb, 2024 51,735.7290 54,526.2626 54,843.7450 50,928.6614 125150.001
25 Feb, 2024 51,581.9478 51,582.9868 51,582.9868 51,577.8387 125454.001
24 Feb, 2024 50,769.3378 51,581.9478 51,678.1254 50,593.7794 1022520.001
23 Feb, 2024 51,314.1566 51,046.4828 51,502.2905 50,968.3365 112451.001
22 Feb, 2024 51,848.1909 51,314.1566 52,017.1179 50,963.0008 115544.001
21 Feb, 2024 52,294.4199 52,251.8375 52,295.1759 52,251.8375 115544.001
20 Feb, 2024 51,760.8281 52,294.4199 52,941.7114 50,895.6471 152595.001
19 Feb, 2024 52,117.4742 52,145.4461 52,481.5109 51,975.7284 115544.001

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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February 27, 2024

Cryptocurrency Price Today: Ethereum Climbs Above $3,000, Market Cap Approaches $2 Trillion

Quick analysis of cryptocurrency prices on February 26: At $1.95 trillion, the market capitalization was global.Over the weekend, Ethereum (ETH), the second-most popular cryptocurrency after Bitcoin (BTC), broke through the $3,000 barrier and reached a 20-month high. In contrast, Bitcoin (BTC) was able to hold steady at around $51,000. There were slight declines in all other popular coins, including as Dogecoin (DOGE), Solana (SOL), Ripple (XRP), and Litecoin (LTC). The token that gained the most over the course of a day was Flare (FLR), which had a surge of more than 18%. Helium (HNT) saw the largest loss over a 24-hour period, falling by almost 5%.At the time of writing, the value of the entire cryptocurrency market was $1.99 trillion, a growth of 0.67 percent in a day.Bitcoin (BTC) Price TodayAccording to CoinMarketCap, the price of bitcoin was $51,507.28, a decrease of 0.12% over the previous day.Ethereum (ETH) Price TodayAt the time of writing, the price of ETH was $3,099.39, indicating a rise of 2.71 percent in just one day.Dogecoin (DOGE) Price TodayAs of right now, DOGE is trading at $0.08557, and according to CoinMarketCap data, it lost 0.57 percent in a day.Litecoin (LTC) Price TodayLitecoin saw a 0.11 percent 24-hour decline. When this article was written, its trading price was $69.98.Ripple (XRP) Price TodayThe price of XRP was $0.5402, down 0.92 percent in a day.Solana (SOL) Price TodayThe price of Solana was $103.58, up 0.10 percent in a day.
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February 16, 2024

Cryptocurrency Price Today: Bitcoin Exceeds $52,000 Ahead of the Halving Event

Quick analysis of cryptocurrency prices on February 16: The value of the world market surged to $1.96 trillion.The world's oldest and most valuable cryptocurrency, Bitcoin (BTC), surged past $52,000 early on Thursday as the eagerly anticipated BTC Halving event, which is scheduled for April 18, draws nearer. Other well-known coins, like as Litecoin (LTC), Dogecoin (DOGE), Solana (SOL), Ripple (XRP), and Ethereum (ETH), all performed well overall. The most profitable of the lot was the Stack (STX) token, which increased by more than 28% in a single day. With a 24-hour decline of more than 2 percent, PYTH, which was the largest gainer yesterday, turned into the worst loser.At the time of writing, the value of the entire cryptocurrency market was $1.96 trillion, an increase of 5.22 percent in a day.Bitcoin (BTC) Price TodayAccording to CoinMarketCap, the price of bitcoin was $52,268.18, up 5.43 percent in a day.Ethereum (ETH) Price TodayAs of this writing, the price of ETH was $2,796.20, indicating a gain of 6.02 percent in the previous 24 hours.Dogecoin (DOGE) Price TodayAccording to CoinMarketCap data, DOGE saw a 7.13 percent 24-hour spike, with a current price of $0.08703.Litecoin (LTC) Price TodayLitecoin gained 1.84 percent in a day. As of writing, its trade price was $70.40.Ripple (XRP) Price TodayThe price of XRP was $0.5543 after rising 5.53 percent in a day.Solana (SOL) Price TodayAt $116.63, the price of Solana represented a rise of 4.05 percent in a day.
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Bitcoin Price

Cryptocurrency Converter Calculator

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Frequently Asked Questions

Bitcoin prices have continued to remain volatile, as the risk remains high, investors are also exploring other cryptocurrencies, which offer stable returns. One of the most popular alternate to bitcoin is White Bitcoins, as the demand for bitcoin is increasing, the demand for white bitcoins is also rapidly rising as they can be easily converted to bitcoins. Experts believe WBTC which has crossed the $2.93 mark will soon reach the $50 price soon. White bitcoins are attracting the eyes of big investors and corporate and with the rise in demand, the prices have taken a 20% jump since the last 3 months.

With the traditional investment options like the stock market, real estate doing down, many investors are flocking towards investment in digital currency. WBTC were launched with the objective of bringing liquidity to the bitcoin network and since this cryptocurrency is the latest entrant, it assures extremely high returns for its long-term investors. So, the time to invest in White Bitcoin is now, as its market prices are going up every day.

One of the essential objectives of bitcoin gold has been to change the calculation by which the bitcoin itself is mined, implying that the mining cycle can't be run quicker on particular hardware than it can on standard PC frameworks. This allows ordinary people with a regular computer to mine Bitcoin Gold, and also mine bitcoin just the way it was used to be during its early years. There are currently 17 million bitcoin gold in circulation and it is said to be supported by the miners who want to go back to the standard mining of bitcoins.

Bitcoin Gold was formed as a result of hard fork on Bitcoin in October, 2017 the purpose of scaling of the bitcoins. The main purpose of Gold coin was to improve the mining process in bitcoin, this is the process through which new bitcoins come into circulation. Bitcoin mining is a very lucrative exercise and most often requires a lot of resources both monetary and human resources. Often the most successful and profitable mining are amalgamation of many rigs with advanced systems.

BSV claims to be the transformator the payment system to give better experience and also cut off the merchant cost, as well as maintain the security of bitcoin. Just like bitcoin it also has 21 million coins in circulation. The BSV is focused on the community and increasing the adoption rate of bitcoin as the alternative currency. Bitcoin- SV occupies 17th position currently in terms of capitalization of the market, which is an indicator of how far it has come since 2018 and in 2020 it has grown exponentially..

In 2018 Bitcoin Cash was divided into: Bitcoin Cash ABC and Bitcoin Cash SV (Satoshi Vision) after a hard fork which is said to be done to bring Bitcoin back to its original form. It is led by Craig Wright who had often claimed him to be Satoshi Nakamoto (founder of Bitcoin). The major difference between and Bitcoin SV is the block size used for the processing of the transactions. Bitcoin SV uses a 128 times higher than the BTC’s network.

Bitcoin Cash (BTC) was introduced as it was faster, cheaper and more scalable than bitcoins. In 2018 the bitcoin was further split into two parts: Bitcoin Cash ABC (adjustable blocksize cap)and Bitcoin Cash SV (Satoshi Vision). Fundamentally, both Bitcoin Cash and Bitcoin cash SV use the same consensus . Bitcoin Cash ABC follows the full node implementation of bitcoin cash, thus has more support of investor, thus it is called Bitcoin Cash. What Bitcoin Cash does is fastens the process of transactions by increasing the size of the block which is on average 8MB to 32MB which was 1MB in Bitcoin, hence enabling the processing of even more transactions per block.

Bitcoin was the first decentralized cryptocurrency, with time it gained huge popularity and with more and more daily transactions, it was getting difficult to manage the daily transactions. To address this among with few other challenges, Bitcoin Cash was introduced. So Bitcoin cash is an extended version of Bitcoin only, bitcoin cash block is eight times bigger than blockchain thus making the exchange and transfers quickly and effectively. The transfer fees of Bitcoin cash is also lower than compared to bitcoins.

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.

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.

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.

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.

Without a doubt current times are the best time to start investing in cryptocurrencies specially WBTC given its market value. There are multiple reasons why you should invest in WBTC.Firstly the business globally is changing rapidly which means the means of doing business is also going to change soon. More and more businesses are adopting faster and secure payment modes such as cryptocurrency and since it's only the beginning of a revolution it is way easier to acquire cryptocurrency now and in the coming years as it will be more difficult due to high demand and would also get more expensive.Secondly, in comparison to the other cryptocurrency like Bitcoin, Bitcoin Cash, Bitcoin SV or White Bitcoin is way more affordable which is best for the investors who are relatively young in the market and looking for a small start.Lastly till now White Bitcoins have given some excellent results and with it's Members Affiliate program investors are also earning dividends on referrals which is the reason for it's high demand in the market currently. Given the current situation WBTC is expected to grow rapidly in the coming years which means those who join now have a great opportunity of earning in the future

White Bitcoins (WBTC) is quite a recent entrant in cryptocurrencies market. The prices of all the cryptocurrencies are dynamic increasing. So, talking about the prices of the White Bitcoin, it is quite competative.it can be brought in the fractions systems which makes the currency a suitable option for many of the investors. WBTC was launched in 2018 with an initial price of $0.14 and today in such a short span, the prices have seen a rise of above $0.76.In the stipulated time it has reached great heights and in the coming future it's growth is projected at $5000. With its increasing price it is still one of the most profitable investment as it is linked with bitcoins directly. The price of the currency in the future will grow multiple folds but so will the profits for all the investors.Any person who wishes to invest in WBTC can start with even a very small amount because you will be able to buy small fractions which will not cost much and still give profitable returns in the coming time.

Buying a cryptocurrency can’t be a difficult process. A few points that you should keep in mind is it's liquidity, security and market value. Here are our top picks of cryptocurrency:Bitcoins: Bitcoin is the first ever cryptocurrency and since then no currency could match as it has gained a lot of trust in the crypto market and in the coming year with its increasing popularity the investors will see high results in their investments because there are only a specific number of bitcoins in the market and no one can produce more and hence the price will increase as the demands increase. Many people talk about it's price and even though it's expensive, it's demand is ever growing and hence they are always a good option if you are going for a trusted brand.White Bitcoins: White bitcoins are the best alternative to bitcoins right now. White Bitcoins are backed by some solid technologies with concepts of minting and holding which are remarkable in the current scenario. Since WBTC can be bought in a fractional system it makes the currency even more affordable and it is the best option for those who are beginning to learn about cryptocurrency. Just like bitcoins, WBTC also has gained a lot of trust within the crypto community and it is said to be a great hit in the coming years.2020 has changed the world a lot and technology is now important more than ever and as many businessmen and investors go to the digital economy. Currencies like WBTC are a perfect for the changing times and are going to bloom in the digital economy.

White Bitcoins are one of the most exciting upcoming digital currencies which is witnessing high demand. Investing in white bitcoin is easy, it is listed on various exchange site along with other cryptocurrencies. One of the most trusted website is Coin List (https://belpay.io/buy-sell-whitebitcoin-online/) and some more websites which provide a very easy process to buy and trade your WBTC. White Bitcoin was introduced on this --- https://whitebitcoin.io in 2018 and with steady demand, it got into life-term listing agreement on the site. To buy WBTC first you need to buy bitcoins from the above mentioned websites and you can instantly convert it to WBTC the process of which is called trading. The currency is highly liquid and hence the transaction is done swiftly.Hence WBTC have reduced the time which was taken before to transact with bitcoins and made the process very easy. WBTC is in a perfect sense modern day currency which can be bought and sold in a day to day process and also provides great returns. You can visit any of the websites to gain detailed information.

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