![]() ![]() A few governments have used bitcoin in some capacity. The Library of Congress reports that, as of November 2021, nine countries have fully banned bitcoin use, and a further forty-two have implicitly banned it. It is a compound of the words bit and coin. This represents a -1.26 price decline in the last 24. The word "bitcoin" was defined in a white paper published on October 31, 2008. The price of Binance Wrapped BTC (BBTC) is 26,307.93 today with a 24-hour trading volume of 177,776. If an approximate number is sufficient for you, you can: Look for a USD stablecoin quote pair - ETHBUSD, ETHUSDT (links to API endpoints). The currency began use in 2009, when its implementation was released as open-source software. 1 Answer Sorted by: 11 The USD price of an asset is not part of the official Binance API, and its based on a proprietary algorithm. The cryptocurrency was invented in 2008 by an unknown person or group of people using the name Satoshi Nakamoto. Because the token has characteristics of money, it can be thought of as a digital currency.īitcoin transactions are verified by network nodes through cryptography and recorded in a public distributed ledger called a blockchain. The user can update the ledger, assigning some of their bitcoin to another entry in the ledger. BTC to USD price is updated in real-time. The protocol specifies that the entry indicates an amount of a token, bitcoin with a minuscule b. The live price of Bitcoin is 26,393.99 per (BTC / USD) today with a current market cap of 511.93B USD. ![]() ![]() In order to add to the ledger, a user must prove they control an entry in the ledger. Bitcoin is a protocol which implements a highly available, public, permanent, and decentralized ledger. ![]()
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