Crypto Details: Bitcoin Price (BTC)

Bitcoin current price is (BTC Price) $24,427.00 -0.68% (24hrs)

Bitcoin is the first decentralized cryptocoin ever built on top of a blockchain. The cryptocurrency was invented in 2008 by an unknown person or group of people using the name Satoshi Nakamoto. The currency began use in 2009 when its implementation was released as open-source software.

The entire cryptocurrency market — now worth more than $300 billion — is based on the idea realized by Bitcoin: money that can be sent and received by anyone, anywhere in the world without reliance on trusted intermediaries, such as banks and financial services companies.

The price of Bitcoin right now is $24,427.00. Its price is ↓ -0.68% down in the last 24 hours.

Current PriceAll Time HighMarket Cap

Bitcoin Price Changes :

Last 24 HoursLast 7 DaysLast 30 DaysLast 1 Year
↓ -0.68%↑ 5.30%↑ 17.47%↓ -48.13%

btc price - the price of bitcoin right now

  • Bitcoin News - 14 August 2022, 4:35 pm

    Bluebenx, a Brazil-based cryptocurrency investment platform, suspended withdrawals last week due to an alleged hack that made the company lose more than $31 million. The company announced that the withdrawals would be stopped for at least six months. The company has been investigated by the Brazilian Securities and Values Commission (CVM) in January. Bluebenx Stops […]Read More

  • Bitcoin News - 14 August 2022, 2:30 pm

    In 32 days, Ethereum is expected to upgrade from a proof-of-work (PoW) consensus algorithm to a proof-of-stake (PoS) system after the network used PoW for seven years. While the testnets have implemented the new rules, most people envision a relatively smooth mainnet transition. However, another chain is expected to fork away from the Ethereum branch […]Read More

  • Bitcoin News - 14 August 2022, 12:30 pm

    Another week has passed and developments in the Binance-Wazirx controversy continue, Nigeria’s Economic and Financial Crimes Commission (EFCC) claims it has identified individuals fueling the naira’s depreciation, Shark Tank star Kevin O’Leary says crypto “desperately needs policy,” and the government of Nepal is preparing to issue its own digital currency. The weekend is here, and […]Read More

  • News - 14 August 2022, 10:30 am

    One of the quickest ways to ensure crypto’s mainstream adoption is by working with the regulators, which includes implementing effective and investor-centric KYC and AML tools. For Satoshi Nakamoto, the creator of Bitcoin (BTC), the motivation to create a new payment ecosystem from scratch in 2009 stemmed from the economic chaos caused by the banking sector’s over-exuberant and risky lending practices mixed accompanied by the bursting of the housing bubbles in many countries at the time. “And who do you think picked up the pieces after the fallout? The taxpayer, of course,” said Durgham Mushtaha, business development manager of blockchain analytics firm Coinfirm, in an exclusive interview with Cointelegraph. Satoshi recognized the need for a new monetary system based on equity and fairness — a system that gives back power into the hands of the people. A trustless system with anonymous participants, transacting peer-to-peer and without the need of a central entity. Snippet from the Bitcoin whitepaper. Source: bitcoin.orgHowever, a subsequent market downturn — fueled by the initial coin offering bubble bursting — made the crypto industry realize the need to build credibility, authority and trust by proactively working with regulators and legislators. Enter Anti-Money Laundering (AML) and Know Your Customers (KYC) procedures.Mushtaha started the discussion by highlighting how, unlike fiat currency, transactions in coins and tokens built on blockchain technology are far easier to trace using on-chain analytics and AML tools. Furthermore, introducing KYC procedures to identify and legitimize users across…Read More

  • Bitcoin News - 14 August 2022, 10:30 am

    The governor of the Zimbabwean central bank, John Mangudya, recently said his organization “has developed a roadmap for adoption of CBDC [central bank digital currency] in Zimbabwe.” Mangudya also revealed that two fintech startups had been admitted into the central bank’s fintech regulatory sandbox. Stakeholders’ Views Wanted Nearly six months after announcing the […]Read More

  • News - 14 August 2022, 10:01 am

    A casual dash over the $25,000 mark is fully retraced as weekend trading produces some classic volatility. Bitcoin (BTC) spiked through $25,000 for the first time in months on Aug. 14, but traders refused to take any chances on a bull run.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewWeekend produces brief $25,000 tap for BTCData from Cointelegraph Markets Pro and TradingView tracked a sudden run-up on BTC/USD, which hit $25,050 on Bitstamp in a $350 hourly candle.The move took the pair to a new personal best since June 13, erasing more of the losses seen that day in what remains a significant BTC price correction.Analyzing the market setup, however, familiar bearish tones remained. For popular Twitter account Il Capo of Crypto, the latest highs appeared to provide the last piece of the puzzle before a new downtrend set in.Il Capo had previously called for a peak of $25,000-$25,500 before Bitcoin changed direction to head lower.Little bit higher and — il Capo Of Crypto (@CryptoCapo_) August 13, 2022 “$25k reached but no bearish signs yet on ltf,” it added in a subsequent post. “We could see another leg up to 25400-25500, but imo the top of this bear market rally is very close. Most altcoins are reaching major resistances.”Cautious too was fellow trader Crypto Tony, who demanded Bitcoin flip its multi-month range resistance at $24,500 to support to consider long positions.$BTC / $USD – Update Looking for that range high flip into support before…Read More

  • News - 14 August 2022, 8:35 am

    While many community members came in support of the prominent coder, Gabagool owned up to the allegations made against him following Velodrome’s investigation. Velodrome Finance, a trading and liquidity marketplace, announced the recovery of $350,000 stolen on Aug. 4. However, the occasion turned bittersweet when internal investigations pointed out the involvement of a prominent team member, who goes by the pseudo name Gabagool.On Aug. 4, one of Velodrome’s high-worth wallets — dedicated for operating funds such as salaries — was drained off $350,000 before it could be transferred to the company’s treasury multisig wallet. A subsequent internal investigation revealed the attacker’s identification, which allowed the company to recover the entire loot. Velodrome’s official statement revealed:“Much to our disappointment, we learned the attacker was a fellow team member Gabagool.”While many community members came in support of the prominent coder, Gabagool owned up to the allegations made against him following Velodrome’s investigation. An update from Velodrome on our investigation into the team wallet exploit.— Velodrome (,) (@VelodromeFi) August 13, 2022Nearly six hours into the revelation, Gabagool released a note revealing various events that led him to attempt theft. Velodrome’s biggest mistake was to give ownership of its wallet’s private key to five individuals, which included Gabagool.Gabagool, just like many other investors, lost vast amounts of money during the 2022 crypto crash. In an attempt to recoup losses, Gabagool made the hasty decision of withdrawing $350,000 in various cryptocurrencies only to convert it…Read More

  • Bitcoin News - 14 August 2022, 8:30 am

    The Central Bank of Russia plans to begin the comprehensive implementation of the digital ruble two years from now, according to a paper detailing its monetary policy priorities for the 2023 – 2025 period. As the development of the state-issued digital currency continues, the monetary authority intends to gradually connect various financial institutions to the […]Read More

  • News - 14 August 2022, 5:18 am

    BlueBenx’s lawyer, Assuramaya Kuthumi, revealed that the attack resulted in the loss of $32 million, which many investors found hard to believe. BlueBenx, a Brazilian crypto lending platform, reportedly blocked all of its 22,000 users from withdrawing their funds following an alleged hack that drained $32 million (or 160 million Brazilian real). While no details about the hack were made available, the company allegedly laid off most of its employees.BlueBenx joins the growing list of crypto companies that failed to deliver on their promise of exorbitant yield returns this crypto winter. The Brazilian crypto lender promised up to 66% returns for users investing in cryptocurrencies via various in-house earning avenues.A report from the local news board Portal do Bitcoin highlighted that BlueBenx halted all forms of withdrawals after falling victim to an “extremely aggressive” hack. According to BlueBenx’s lawyer, Assuramaya Kuthumi, the attack resulted in the loss of $32 million, which investors found hard to believe — given the lack of clarity about the alleged hack. In the (roughly translated) words of an unnamed investor told Portal do Bitcoin:“I think there’s a high probability of it being a scam because this whole hacker attack story seems like a lot of bullshit, something they invented.”The lack of trust among investors stems from the fact that numerous crypto platforms — that offer high yields — have alleged similar scenarios in the past, wherein they end up halting funds withdrawal while hiding their incompetency…Read More

  • News - 13 August 2022, 8:30 pm

    Coming every Saturday, Hodlers Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more a week on Cointelegraph in one link.Top Stories This Week Elon Musk: US past peak inflation after Tesla sells 90% of BitcoinWith Tesla now having sold 90% of its Bitcoinholdings during the bear market, Elon Musk says the U.S. economy is past peak inflation and predicts that only a mild to moderate recession could be incoming. We sort of have some insight into where prices are headed over time, and the interesting thing that were seeing now is that most of our commodities, most of the things that go into a Tesla not all, more than half the prices are trending down in six months from now, Musk said at Teslas 2022 Annual Meeting of Stockholders. Coming sooner: ETH devs move up the date for MergeThe long-awaited Merge looks to be ahead of schedule, with Ethereum core developers Tim Beiko and Terence Tsao agreeing on a developer call Thursday to tentatively set the date of the Merge for Sept. 15. The previously estimated date from Beiko was Sept. 19, and suggested that the final preparation work is going smoothly after the final Goerli testnet merge went off without a hitch this week.  NFT communities greenlight Web3 films: A decentralized future for fans and Hollywood August 3, 2022 Cleaning up…Read More