Bitcoin Price, News and Analysis (BTC)

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Bitcoin logo
$7,551.05
+$104.20 (+1.38%)
(As of 05/26/2018 05:57 PM ET)
1-Hour Price Change +0.05%
1-Day Price Change +1.38%
7-Day Price Change -8.73%
1-Day Volume$4.08 billion
Market Cap$128.80 billion
BTC Price1.00000000 BTC
Circulating Supply17.06 million
Total Supply17.06 million
Maximum Supply21.00 million

About Bitcoin (BTC)

Currency Details

Name Bitcoin
SymbolBTC
Market Capitalization$128.80 billion
Coin or TokenCoin
AlgorithmSHA-256
Proof TypePoW
Genesis Date1/3/2009
Mineable?No
Number of Exchanges79

Official Links

Official Websitebitcoin.org
Official Website (Alt)bitcoin.com
BitcoinTalk AnnouncementView
Twitter Account@bitcoin
Facebook PageView
Github AccountView

Buy/Trade Bitcoin

Community Discussion

Reddit Communityr/bitcoin
Telegram GroupN/A
Discord GroupN/A
Message Boardbitcointalk.org
Message Board (Alt)forum.bitcoin.com

Research Tools

Blockchain Explorerblockchain.info
Blockchain Explorer (Alt)live.blockcypher.com
CoinMarketCapView
CryptoCompareView
CoinGeckoView

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Bitcoin (BTC) Frequently Asked Questions

What is Bitcoin?

Balances - block chain The block chain is a shared public ledger on which the entire Bitcoin network relies. All confirmed transactions are included in the block chain. This way, Bitcoin wallets can calculate their spendable balance and new transactions can be verified to be spending bitcoins that are actually owned by the spender. The integrity and the chronological order of the block chain are enforced with cryptography. Transactions - private keys A transaction is a transfer of value between Bitcoin wallets that gets included in the block chain. Bitcoin wallets keep a secret piece of data called a private key or seed, which is used to sign transactions, providing a mathematical proof that they have come from the owner of the wallet. The signature also prevents the transaction from being altered by anybody once it has been issued. All transactions are broadcast between users and usually begin to be confirmed by the network in the following 10 minutes, through a process called mining. Processing - mining Mining is a distributed consensus system that is used to confirm waiting transactions by including them in the block chain. It enforces a chronological order in the block chain, protects the neutrality of the network, and allows different computers to agree on the state of the system. To be confirmed, transactions must be packed in a block that fits very strict cryptographic rules that will be verified by the network. These rules prevent previous blocks from being modified because doing so would invalidate all following blocks. Mining also creates the equivalent of a competitive lottery that prevents any individual from easily adding new blocks consecutively in the block chain. This way, no individuals can control what is included in the block chain or replace parts of the block chain to roll back their own spends. (Description provided by CryptoCompare)

What exchanges can I buy or trade Bitcoin on?

Where can I get Bitcoin wallet?

Bitcoin produces its own wallet software that is available for download on its website, which allows you to store Bitcoin on your computer. For maximum security, you can store your cryptocurrencies on a dedicated hardware wallet such as a TREZOR wallet or a Ledger Nano S. If you do not wish to buy a hardware wallet, you may consider using a mobile wallet such as Jaxx or Coinomi to store multiple cryptocurrencies with some added security benefits.

What is the value of Bitcoin?

One Bitcoin (BTC) is currently worth $7,551.05 on major cryptocurrency exchanges. The value (or market capitalization) of all available Bitcoin in U.S. dollars is $128.80 billion.

What hashing algorithm does Bitcoin use?

Bitcoin is a proof of work (PoW) coin that uses the SHA-256 algorithm.

How do I mine Bitcoin?

Bitcoin and other SHA-256 coins can typically only be mined profitably with a piece of specialized mining hardware called an ASIC, which stands for application-specific integrated circuit. Major manufacturers of ASICs include BitMain (AntMiner), Butterfly Labs, Canaan (AvalonMiner), FutureBit and GridSeed. ASIC hardware can be purchased directly from the manufacturer or from resellers on Amazon and eBay.

What coins are similar to Bitcoin?

The following coins use Bitcoin's SHA-256 algorithm and proof of work (PoW) proof-type: Bitcoin Cash, Steem, Counterparty, Unobtanium, Namecoin, Crown, PACcoin, ATBCoin, CHIPS, Terracoin, UnbreakableCoin, Zetacoin, Titcoin, SoonCoin and Dollarcoin.

What is the Reddit page for Bitcoin?

The official Reddit community (subreddit) for Bitcoin is r/bitcoin.


MarketBeat Community Rating for Bitcoin (BTC)

Community Ranking:  3.8 out of 5 (star star star)
Outperform Votes:  115 (Vote Outperform)
Underperform Votes:  38 (Vote Underperform)
Total Votes:  153
MarketBeat's community ratings are surveys of what our community members think about Bitcoin and other cryptocurrencies. Vote "Outperform" if you believe the stock will outperform other cryptocurrencies over the long term. Vote "Underperform" if you believe the stock will underperform other cryptocurrencies over the long term. You may vote once every thirty days.

Chart

Bitcoin (BTC) Price Chart for Saturday, May, 26, 2018

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Google Trends

Bitcoin (BTC) Search Trends

There is a correlation between price appreciation and public interest in cryptocurrencies, such as Bitcoin. Many cryptocurrency investors use Google Trends, which measures the volume of web searches for a particular topic over time, as a tool to gauge whether public interest is increasing or decreasing for a particular cryptocurrency. The chart below shows how search volume has changed for the phrase "Bitcoin" over the last 90 days.



Bitcoin (BTC) Website Traffic




Bitcoin (BTC) Social Media Trends

Headlines

Bitcoin (BTC) News Headlines

DateHeadline
Bitcoin Price Watch: Currency Spikes Up to $7,500Bitcoin Price Watch: Currency Spikes Up to $7,500
themerkle.com - May 26 at 5:57 PM
Six Japanese Public Companies Announce Plans to Launch Crypto ExchangesSix Japanese Public Companies Announce Plans to Launch Crypto Exchanges
news.bitcoin.com - May 26 at 5:57 PM
Op-Ed | Cryptocurrencies like Bitcoin Consume Significantly Less Resources than Fiat MoneyOp-Ed | Cryptocurrencies like Bitcoin Consume Significantly Less Resources than Fiat Money
www.ccn.com - May 26 at 5:57 PM
Spending Bitcoin in Europe Is Getting Easier Thanks to Wirex and PaytomatSpending Bitcoin in Europe Is Getting Easier Thanks to Wirex and Paytomat
news.bitcoin.com - May 26 at 5:09 PM
After Last Year’s Mempool Drama, Batched Bitcoin Transactions Finally on the RiseAfter Last Year’s Mempool Drama, Batched Bitcoin Transactions Finally on the Rise
www.ccn.com - May 26 at 5:09 PM
Markets Update: Bear Market Adds Cryptocurrency Trading UncertaintyMarkets Update: Bear Market Adds Cryptocurrency Trading Uncertainty
news.bitcoin.com - May 26 at 5:09 PM
Wendy McElroy: The Centralization of Crypto and the Banality of EvilWendy McElroy: The Centralization of Crypto and the Banality of Evil
news.bitcoin.com - May 26 at 5:09 PM
Latest Bitcoin Scam: Demanding Crypto to Return Lost DogLatest Bitcoin Scam: Demanding Crypto to Return Lost Dog
www.ccn.com - May 26 at 5:09 PM
Frankfurt Stock Exchange Operator Deutsche Boerse Deep at Work on BitcoinFrankfurt Stock Exchange Operator Deutsche Boerse 'Deep at Work' on Bitcoin
www.cryptoglobe.com - May 26 at 5:09 PM
Tips For Students Trying To Save Money To Invest In BitcoinTips For Students Trying To Save Money To Invest In Bitcoin
themerkle.com - May 26 at 5:09 PM
John McAfee Expects a Bitcoin Price of $15,000 by June 2018John McAfee Expects a Bitcoin Price of $15,000 by June 2018
www.livebitcoinnews.com - May 26 at 5:09 PM
Price Will Catch Up to Bitcoin’s Record Hashrate By Q3: AnalystPrice Will Catch Up to Bitcoin’s Record Hashrate By Q3: Analyst
bitcoinist.com - May 26 at 5:09 PM
Bchpls.io Enables Free Bitcoin Cash Point-of-Sale PlatformBchpls.io Enables Free Bitcoin Cash Point-of-Sale Platform
news.bitcoin.com - May 26 at 5:09 PM
GOOD NEWS for Bitcoin Payment Options as it’s Becoming More PracticalGOOD NEWS for Bitcoin Payment Options as it’s Becoming More Practical
cryptocoremedia.com - May 26 at 5:09 PM
Stocks App By Apple Now Lists Ripple (XRP) and Bitcoin (BTC)Stocks App By Apple Now Lists Ripple (XRP) and Bitcoin (BTC)
cryptocoremedia.com - May 26 at 5:09 PM
331 High-Income Traders Declared Crypto Profits in Japan331 High-Income Traders Declared Crypto Profits in Japan
news.bitcoin.com - May 26 at 5:09 PM
Rapid Growth of Lightning Network Payment Channels Paints a Bright Future for BitcoinRapid Growth of Lightning Network Payment Channels Paints a Bright Future for Bitcoin
www.newsbtc.com - May 26 at 5:09 PM
Bitcoin Gold Plans Network Upgrade After 51% and Double Spend AttacksBitcoin Gold Plans Network Upgrade After 51% and Double Spend Attacks
www.cryptoglobe.com - May 26 at 5:09 PM
Bitcoin Long-term Price AnalysisBitcoin Long-term Price Analysis
www.cryptoglobe.com - May 26 at 4:06 PM
Hacker Jailed for 10 Years, £500,000 Worth of Bitcoin SeizedHacker Jailed for 10 Years, £500,000 Worth of Bitcoin Seized
www.trustnodes.com - May 26 at 4:06 PM
Storm Daniels Accepts Vice Industry Tokens Rather Than VergeStorm Daniels Accepts Vice Industry Tokens Rather Than Verge
www.livebitcoinnews.com - May 26 at 3:09 PM
Revolut Adds Support for Bitcoin Cash and RippleRevolut Adds Support for Bitcoin Cash and Ripple
bitcoinist.com - May 26 at 2:04 PM
Cryptocurrency Market on a Continuous Decline, No Major Movements on the UpsideCryptocurrency Market on a Continuous Decline, No Major Movements on the Upside
www.ccn.com - May 26 at 2:04 PM
Bitcoin in Brief Saturday: Crypto Hiring and Blockchain Welfare, From Down UnderBitcoin in Brief Saturday: Crypto Hiring and Blockchain Welfare, From Down Under
news.bitcoin.com - May 26 at 2:04 PM
Analyst Says Bitcoin May Drop to $5,500 Before New Upside In Q3/Q4 2018Analyst Says Bitcoin May Drop to $5,500 Before New Upside In Q3/Q4 2018
www.newsbtc.com - May 26 at 2:04 PM
Bitcoin Price : To Reach $7,500 or Not?Bitcoin Price : To Reach $7,500 or Not?
themerkle.com - May 26 at 1:12 PM
SA Central Bank Comes Up With Another Nickname for Cryptos – “Cyber Tokens”SA Central Bank Comes Up With Another Nickname for Cryptos – “Cyber Tokens”
news.bitcoin.com - May 26 at 1:12 PM
Bitcoin as a Store of Value Could be Worth $40K Within the Next Decade, Says Matt HouganBitcoin as a Store of Value Could be Worth $40K Within the Next Decade, Says Matt Hougan
bitcoinist.com - May 26 at 12:06 PM
Author Niall Ferguson: I Wish I Had a Bitcoin for Every ‘Phony’ ICO White Paper ReceivedAuthor Niall Ferguson: I Wish I Had a Bitcoin for Every ‘Phony’ ICO White Paper Received
www.newsbtc.com - May 26 at 12:06 PM
South Africa: Three Detained After Kidnappers Demand 15 Bitcoin Ransom to Free TeenSouth Africa: Three Detained After Kidnappers Demand 15 Bitcoin Ransom to Free Teen
www.cryptoglobe.com - May 26 at 12:06 PM
Bitcoin Gold Hit With 51% and Double Spend Attacks, $18 Million StolenBitcoin Gold Hit With 51% and Double Spend Attacks, $18 Million Stolen
www.cryptoglobe.com - May 26 at 12:06 PM
DOJ Crypto Investigation Tanks Prices, Fundstrat Welcomes Adult SupervisionDOJ Crypto Investigation Tanks Prices, Fundstrat Welcomes Adult Supervision
news.bitcoin.com - May 26 at 12:06 PM
13-Year-Old Bitcoin Kidnapping Victim Found Safe13-Year-Old Bitcoin Kidnapping Victim Found Safe
bitcoinist.com - May 26 at 12:06 PM
51 Percent Attack: Hackers Steals $18 Million in Bitcoin Gold (BTG) Tokens51 Percent Attack: Hackers Steals $18 Million in Bitcoin Gold (BTG) Tokens
bitcoinist.com - May 26 at 12:06 PM
South Africa Investigates $80 Million Bitcoin Ponzi Scheme That Collapsed After Its Founder DisappearedSouth Africa Investigates $80 Million Bitcoin Ponzi Scheme That Collapsed After Its Founder Disappeared
www.cryptoglobe.com - May 26 at 12:06 PM
Bitcoin Cash (BCH) Price Technical Analysis (May 26, 2018)Bitcoin Cash (BCH) Price Technical Analysis (May 26, 2018)
www.newsbtc.com - May 26 at 11:07 AM
Alleged BTC-e Mastermind Confesses to Russian Money Laundering ChargesAlleged BTC-e Mastermind Confesses to Russian Money Laundering Charges
news.bitcoin.com - May 26 at 11:07 AM
Bitcoin, Ethereum, Ripple, Bitcoin Cash, EOS, Litecoin, Cardano, Stellar, TRON: Price Analysis, May 25Bitcoin, Ethereum, Ripple, Bitcoin Cash, EOS, Litecoin, Cardano, Stellar, TRON: Price Analysis, May 25
cointelegraph.com - May 26 at 10:01 AM
2 Million Revolut Customers Get More Cryptocurrency Access2 Million Revolut Customers Get More Cryptocurrency Access
news.bitcoin.com - May 26 at 10:01 AM
SegWit Now Comprises Almost Half of All Bitcoin TransactionsSegWit Now Comprises Almost Half of All Bitcoin Transactions
bitcoinist.com - May 26 at 8:06 AM
South African Kidnappers Demand a 15 Bitcoin RansomSouth African Kidnappers Demand a 15 Bitcoin Ransom
themerkle.com - May 26 at 8:06 AM
Bitcoin Wallet Xapo Implements Scaling Solution SegWitBitcoin Wallet Xapo Implements Scaling Solution SegWit
www.ccn.com - May 26 at 8:06 AM
First Bitcoin Mining Conference Hashes Over the High Cost of EnergyFirst Bitcoin Mining Conference Hashes Over the High Cost of Energy
bitcoinmagazine.com - May 26 at 7:06 AM
UK Company Acquires ‘Bitcoin’ Trademark, Allegedly Threatens Etsy Store over BTC-themed ItemsUK Company Acquires ‘Bitcoin’ Trademark, Allegedly Threatens Etsy Store over BTC-themed Items
www.ccn.com - May 26 at 7:06 AM
UK Bitcoin Trading Reportedly Under Scrutiny In DOJ-CFTC InvestigationUK Bitcoin Trading Reportedly Under Scrutiny In DOJ-CFTC Investigation
www.ethnews.com - May 26 at 7:06 AM
Chinese Exchange Launching Southeast Asian Crypto Trading HubChinese Exchange Launching Southeast Asian Crypto Trading Hub
news.bitcoin.com - May 26 at 7:06 AM
Tim Draper Raps Bitcoin Anthem at TNW2018; Nakamoto Made a Token, Perfecto, No FrictionTim Draper Raps Bitcoin Anthem at TNW2018; Nakamoto Made a Token, Perfecto, No Friction
cryptovest.com - May 26 at 6:57 AM
South African Police Investigate $80 Million Bitcoin Ponzi SchemeSouth African Police Investigate $80 Million Bitcoin Ponzi Scheme
www.newsbtc.com - May 26 at 4:06 AM
Bitcoin Price Drop From $20,000 Likely Due to Market Manipulation: TradersBitcoin Price Drop From $20,000 Likely Due to Market Manipulation: Traders
www.ccn.com - May 26 at 3:06 AM
John McAfee Says Bitcoin Will Surpass $15,000 in JuneJohn McAfee Says Bitcoin Will Surpass $15,000 in June
bitcoinist.com - May 26 at 12:04 AM

Social Media Mentions

Bitcoin (BTC) Reddit Feed


This page was last updated on 5/26/2018 by MarketBeat.com Staff

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