Bitcoin

Bitcoin

Bitcoin overview

Bitcoin (₿) is a cryptocurrency, a form of electronic cash. 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. Bitcoin was invented by an unknown person or group of people using the name Satoshi Nakamoto and released as open-source software in 2009. Bitcoins are created as a reward for a process known as mining. They can be exchanged for other currencies, products, and services. Research produced by the 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 criticized for its use in illegal transactions, its high electricity consumption, price volatility, thefts from exchanges, and the possibility that bitcoin is an economic bubble. Bitcoin has also been used as an investment, although several regulatory agencies have issued investor alerts about bitcoin.

1 BTC to USD exchange rates chart

BTC to  exchange rates chart

Bitcoin exchange rates table

Exchange Bitcoin Buy BTC Rate Sell BTC Rate
British Pound 0.000 2847.678
Hungarian Forint 0.000 1021470.327
Indian Rupee 0.000 256478.280
Chinese Yuan Renminbi 0.000 24616.399
Russian Ruble 0.000 244340.267
Brazilian Real 0.000 13553.079
Danish Krone 0.000 23699.112
Chilean Peso 0.000 2461745.431
Czech Koruna 0.000 81231.617
Euro 0.000 3175.447
Indonesian Rupiah 0.000 51181012.057
South Korean Won 0.000 4076868.214
Japanese Yen 0.000 394906.582
Mexican Peso 0.000 69782.979
Norwegian Krone 0.000 31072.184
Pakistani Rupee 0.000 509132.259
Polish Zloty 0.000 13639.316
Singapore Dollar 0.000 4927.711
Swedish Krona 0.000 32523.966
US Dollar 0.000 3640.414
South African Rand 0.000 50544.517
Australian Dollar 0.000 5064.689
Canadian Dollar 0.000 4831.573
Swiss Franc 0.000 3586.907
Malaysian Ringgit 0.000 14907.370
New Zealand Dollar 0.000 5344.664
Thai Baht 0.000 116399.881
Hong Kong Dollar 0.000 28540.105
Philippine Peso 0.000 189951.137
Turkish Lira 0.000 19994.314
Taiwan New Dollar 0.000 112144.994

Bitcoin news

Bitcoin trading in a narrow range around the $3,600 level today

Bitcoin has not dropped further but is trading mostly sideways within a narrow range near the $3,600 level. It remains to be seen if Bitcoin will suffer another monthly loss this January as appears to be happening.

about 3 hours conditional negative
South Africa Goes After Bitcoin Owners

The SARB does admit that Bitcoin and other cryptocurrencies could become illegal in the country, but there’s no need to worry about that (for now)

2 days indicative positive
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Fortune 500 Daily & Breaking Business News

6 days conditional positive
Five reasons Bitcoin could enter a more extreme death spiral

Bitcoin has been on a downward ride over the last year, plummeting down. It could get worse

11 days conditional neutral
Bitcoin drops today without testing key resistance levels

Although Bitcoin (BTC) has suffered a modest drop over the last 24 hours after moving up yesterday, technical analysis shows that within the next couple of days there is a chance BTC may test a key resistance level.

13 days conditional negative
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Breaking news and analysis from TIME.com. Politics, world news, photos, video, tech reviews, health, science and entertainment news.

20 days conditional positive
Op-Ed: Bitcoin recovery rally fizzles out as price plunges below $4,000

Bitcoin's pre-Xmas rally has fizzled out as the price drops well below the $4,000 level and even below $3,700 briefly. Bargain hunters may drive the price up as has happened with the stock market but perhaps the bear downturn will return for a while yet.

21 days conditional negative
Bitcoin crashes 37 percent in November, wiping $70 billion off of cryptocurrencies' market value

The world's largest cryptocurrency struggled to break above $4,000 on the last day of November, after starting the month well above $6,000.

about 2 months conditional negative

BTC currency converter