What is cryptocurrency
Being the trailblazer and the first to appear on the market, Bitcoin is the ‘OG’ cryptocurrency that created a truly global community capable of making transactions without needing to trust the legacy financial system premier blackjack hi lo spielen.
Private sector crypto initiatives, such as the Crypto Climate Accord and the Bitcoin Mining Council, remain dedicated to solving environmental issues, yet not everything that consumes energy is necessarily bad.
The live Bitcoin price today is $97,999.70 as of 12/26/2024, with a 24-hour trading volume of $29,792,360,796. Bitcoin’s price is down -0.10% in the last 24 hours. Currently, Bitcoin ranks 1 out of 46782 coins according to CryptoMarketCap. Bitcoin has a live market cap of $1,940,520,801,403, a circulating supply of 19,801,312 BTC coins and a maximum supply of 21,000,000 BTC coins. Want to find the best place to buy Bitcoin at the current price? The top cryptocurrency exchanges for buying and selling Bitcoin coins are currently Binance, Bitget, KuCoin, Changelly PRO, HTX Global. You can find other markets listed on our crypto exchanges page.
Cryptocurrency news
Many bitcoin enthusiasts and investors are quick to criticize government-backed currencies as prone to devaluation and say increased government buy-in will stabilize bitcoin’s future price swings, give it more legitimacy and further boost an already rising price.
A bill introduced last month in Pennsylvania’s House of Representatives sought to authorize the state’s treasurer and public pension funds to invest in bitcoin. It went nowhere before the legislative session ended, but it caused a stir.
Play-to-earn (P2E) games, also known as GameFi, has emerged as an extremely popular category in the crypto space. It combines non-fungible tokens (NFT), in-game crypto tokens, decentralized finance (DeFi) elements and sometimes even metaverse applications. Players have an opportunity to generate revenue by giving their time (and sometimes capital) and playing these games.
Bitcoin’s price saw a 3% uptick, climbing to just shy of $30,000 in response to a plunge in global long-dated government bond yields. This fall in yields was triggered by China’s far weaker than anticipated trade numbers for July. The U.S. 10-year Treasury yield tumbled below the 4% mark. These macroeconomic shifts have seemingly buoyed the crypto market, with other notable cryptocurrencies like Solana (SOL), Toncoin (TON), and Chainlink (LINK) registering gains of over 4% at the time of writing.
Cryptocurrencies are digital or virtual currencies that use cryptographic methods to secure transactions and control the creation of new units. Unlike traditional fiat currencies, which are issued and regulated by central authorities such as governments or central banks, cryptocurrencies operate on decentralized networks. These networks often employ blockchain technology, a public ledger system that records all transactions transparently and immutably.
Cryptocurrency prices
NFTs are multi-use images that are stored on a blockchain. They can be used as art, a way to share QR codes, ticketing and many more things. The first breakout use was for art, with projects like CryptoPunks and Bored Ape Yacht Club gaining large followings. We also list all of the top NFT collections available, including the related NFT coins and tokens.. We collect latest sale and transaction data, plus upcoming NFT collection launches onchain. NFTs are a new and innovative part of the crypto ecosystem that have the potential to change and update many business models for the Web 3 world.
To calculate the market cap of a cryptocurrency, you need to multiply the current market price of the coin by the total number of coins that are in circulation. For example, if a cryptocurrency has 10 million coins in circulation and the current market price is $10 per coin, then its market cap would be $100 million.
As already mentioned, there are plans to transition to a proof-of-stake algorithm in order to boost the platform’s scalability and add a number of new features. The development team has already begun the transition process to ETH 2.0, implementing some upgrades along the way, including the London hard fork.
The total crypto market volume over the last 24 hours is $117.88B, which makes a 11.64% decrease. The total volume in DeFi is currently $9.14B, 7.75% of the total crypto market 24-hour volume. The volume of all stable coins is now $108.13B, which is 91.73% of the total crypto market 24-hour volume.