Bitcoin current price is $50,458.00.

bitcoin Bitcoin (BTC)

$50,458.00
5.52% (24H)
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Market CapVolumeAvailable Supply
$940,905,862,292.00$45,300,806,387.0018,647,300 BTC

Bitcoin current price is $50,458.00 with a marketcap of $940,905,862,292.00. Its price is 5.52% up in last 24 hours.
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Bitcoin is the first successful internet money based on peer-to-peer technology; whereby no central bank or authority is involved in the transaction and production of the Bitcoin currency. It was created by an anonymous individual/group under the name, Satoshi Nakamoto. The source code is available publicly as an open source project, anybody can look at it and be part of the developmental process. Bitcoin is changing the way we see money as we speak. The idea was to produce a means of exchange, independent of any central authority, that could be transferred electronically in a secure, verifiable and immutable way. It is a decentralized peer-to-peer internet currency making mobile payment easy, very low transaction fees, protects your identity, and it works anywhere all the time with no central authority or banks. Bitcoin is design to have only 21 million BTC ever created, thus making it a deflationary currency. Bitcoin uses the SHA-256 hashing algorithm with an average transaction confirmation time of 10 minutes. Miners today are mining Bitcoin using ASIC chip dedicated to only mining Bitcoin, and the hash rate has shot up to peta hashes. Being the first successful online cryptography currency, Bitcoin has inspired other alternative currencies such as Litecoin, Peercoin, Primecoin, and so on. The cryptocurrency then took off with the innovation of the turing-complete smart contract by Ethereum which led to the development of other amazing projects such as EOS, Tron, and even crypto-collectibles such as CryptoKitties.

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10 Bitcoin (BTC)
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504,580.00USD

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The world's largest independent producer of semiconductors is limiting chip supply to mining hardware manufacturers in response to volatile demand.

https://www.btctimes.com/news/TSMC-limits-mining-silicon-supply

North America's first Bitcoin ETF launched last month in Canada, and now holds nearly 11,300 BTC, or $571 million worth of Bitcoin.

https://www.btctimes.com/news/Canada-Purpose-Bitcoin-ETF-11,300BTC

Iran should engage in large-scale #Bitcoin mining and could use digital assets to circumvent international sanctions, according to the research arm of the Iranian President's office.

https://www.btctimes.com/news/iran-bitcoin-mining-sanctions-evasion

Goldman Sachs has relaunched Bitcoin futures trading, and is exploring the possibility of a Bitcoin ETF.

https://www.btctimes.com/news/Goldman-Sachs-considers-Bitcoin-ETF-offers-futures

OPINION: What do you do when all your arguments against #Bitcoin have been disproven? You try a new angle of attack that harnesses your antipathy to a hot-button issue everybody cares about. This week: energy could “burst Bitcoin’s bubble.”

via @obi

https://www.btctimes.com/news/attack-of-the-energy-pratts

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