Currency Image Bitcoin (BTC)

1.000000 BTC (0.00%)
currency icon 57,161.0000 USD (6.76%)
Market Cap
currency icon 1,121,965,372,399.0000 USD
Volume (24h)
currency icon 55,258,408,921.0000 USD
Circulating Supply
19,639,331 BTC
Max Supply
21,000,000 BTC
When is the next Bitcoin halving in 2024?
Bitcoin halving Countdown
Day
Hours
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Seconds

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
BINANCE BTC/USDT USD 14,068,212.72825895 BTC 54,226.64941474
COINBASE BTC/USD USD 5,756,181.21936084 BTC 54,318.18000000
BELPAY BTC/WBTC USD 5,351,029.75002670 BTC 4,674.94919099

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
26 Feb, 2024 51,735.7290 54,526.2626 54,843.7450 50,928.6614 1022520.001
25 Feb, 2024 51,581.9478 51,582.9868 51,582.9868 51,577.8387 125411.001
24 Feb, 2024 50,769.3378 51,581.9478 51,678.1254 50,593.7794 102564.001
23 Feb, 2024 51,314.1566 51,046.4828 51,502.2905 50,968.3365 1022520.001
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 152595.001
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 125411.001
18 Feb, 2024 51,671.9311 52,117.4742 52,339.7680 51,225.5503 125150.001
17 Feb, 2024 52,160.3061 51,671.9311 52,171.8982 50,692.0267 126815.001
16 Feb, 2024 51,927.7991 51,935.4551 51,935.4551 51,927.7991 112451.001
15 Feb, 2024 51,816.7457 51,927.7991 52,738.7046 51,367.2815 152056.001
14 Feb, 2024 49,762.2243 49,745.8583 49,762.2243 49,745.8583 1022520.001
13 Feb, 2024 49,956.0954 49,762.2243 50,254.7748 48,464.0693 125454.001
12 Feb, 2024 48,308.6269 48,307.0574 48,315.9195 48,307.0574 152595.001
11 Feb, 2024 47,771.6876 48,308.6269 48,515.2450 47,629.3084 112451.001
10 Feb, 2024 47,150.1838 47,312.7382 47,353.6849 47,086.0957 102564.001
09 Feb, 2024 45,306.4482 47,150.1838 48,064.8692 45,271.7797 126815.001
08 Feb, 2024 44,303.1747 44,588.0453 44,720.5896 44,303.1747 115544.001
07 Feb, 2024 43,095.1663 44,303.1747 44,326.8933 42,780.5591 152056.001
06 Feb, 2024 42,661.7822 43,095.1663 43,357.9379 42,533.3240 125150.001
05 Feb, 2024 42,589.2117 42,661.7822 43,475.6874 42,297.1370 1022520.001
04 Feb, 2024 42,981.2379 42,589.2117 43,090.3800 42,372.2457 125411.001
03 Feb, 2024 43,176.7562 42,981.2379 43,348.1600 42,911.8367 125150.001
02 Feb, 2024 43,066.8772 43,073.3643 43,079.8038 43,066.8772 152056.001
01 Feb, 2024 42,573.1259 43,066.8772 43,231.9849 41,888.2023 152056.001
31 Jan, 2024 42,946.2919 42,977.5000 42,977.5000 42,943.3881 125454.001
30 Jan, 2024 43,265.3755 42,946.2919 43,831.0944 42,787.7156 115544.001
29 Jan, 2024 42,029.6737 41,909.0966 42,466.1646 41,887.1739 115544.001
28 Jan, 2024 42,126.4201 42,029.6737 42,770.1307 41,695.2198 1022520.001
27 Jan, 2024 41,806.5836 42,126.4201 42,186.3873 41,462.1229 152595.001

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

  • Bitcoin Price currency icon 57,161.0000 USD
  • 24 Hour High / Low currency icon 57,324.0000 USD /
    currency icon 53,538.0000 USD
  • 24 Hour Volume currency icon 55,258,408,921.0000 USD
  • Market Cap currency icon 1,121,965,372,399.0000 USD
  • Market Cap Rank #1
  • Market Cap Dominance 32.5807%
  • Bitcoin/Bitcoin Ratio 1 BTC = 1.0000 BTC
  • 7 Day High / Low currency icon 57,325.4000 USD /
    currency icon 50,593.8000 USD
  • 30 Day High / Low currency icon 57,325.4000 USD /
    currency icon 41,695.2000 USD
  • 90 Day High / Low currency icon 57,325.4000 USD /
    currency icon 37,547.7000 USD
  • 52 Week High / Low currency icon 57,325.4000 USD /
    currency icon 19,614.4000 USD
  • All Time High currency icon 68,892.0000 USD
  • All Time Low currency icon 65.5300 USD
  • Bitcoin ROI 13452 %
  • Trading Volume currency icon 1,121,965,372,399.0000
  • Circulating Supply 19,639,331 BTC
  • Total Supply 19,639,331 BTC
  • Max Supply 21,000,000 BTC

Cryptocurrency Converter Calculator

1 White Bitcoin (WBTC)
=
57,161.0000 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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