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BCN Price   

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BCN

Bytecoin  

#BCN

BCN Price:
$0.0000354
Volume:
$8.0 K
All Time High:
$0.019
Market Cap:
$6.5 M


Circulating Supply:
184,066,827,286
Exchanges:
4+
Total Supply:
184,066,827,286
Markets:
7
Max Supply:
184,470,000,000
Pairs:
10



  BCN PRICE


The price of #BCN today is $0.0000354 USD.

The lowest BCN price for this period was $0, the highest was $0.0000354, and the current live price for one BCN coin is $0.00003543.

The all-time high BCN coin price was $0.019.

Use our custom price calculator to see the hypothetical price of BCN with market cap of ETH and how the supply affects the price of BCN at different market capitalizations.


  BCN OVERVIEW


The code for Bytecoin crypto currency is #BCN.

Bytecoin is 8.3 years old.


  BCN MARKET CAP


The current market capitalization for Bytecoin is $6,522,153.

Bytecoin is ranking downwards to #611 out of all coins, by market cap (and other factors).


  BCN VOLUME


The trading volume is small during the past 24 hours for #BCN.

Today's 24-hour trading volume across all exchanges for Bytecoin is $7,984.


  BCN SUPPLY


The circulating supply of BCN is 184,066,827,286 coins, which is 100% of the maximum coin supply.

Bytecoin has a relatively large supply of coins, 1,514 times larger than Ethereum's supply, as an example.


  BCN EXCHANGES


BCN is available on several crypto currency exchanges.

View #BCN trading pairs and crypto exchanges that currently support #BCN purchase.


  BCN RESOURCES


Websitebytecoin.org
TwitterBytecoin_BCN
Redditr/BytecoinBCN
Telegrambytecoin_chat


  BCN NEWS


Founder of Web3 Messaging App: Decentralized Platforms Enable Users 'to ...

    In a world where censorship is growing and the right to privacy is being undermined, Web3 - the next iteration of the world wide web - looks to some like the solution users of online platforms are waiting for. As some pioneering Web3 products and solutions have demonstrated, when users are in control, there are fewer incidents of breaches or unsanctioned use or transfer of their data. Decentralized Communication Finance (Dcfi) Building on this success, some Web3 startups are now attempting to create solutions that make it possible to combine decentralized finance and decentralized communications. One of such startup, Pravica Club - an Egypt-based Web3 firm - recently launched such a messaging platform. According to the startup's co-founder and chief executive officer, Mohamed Abdou, Pravica Club - a Web3 messaging, self-custody, decentralized identity and blockchain-enabled conversations app - gives users an 'opportunity to build their communities in a safe place.' Abdou told Bitcoin.com News how Pravica Club's eternal message and crypto payments functions make the app competitive. In addition to sharing information on the messaging app, the co-founder gave his perspective on crypto regulations and the emergence of the United Arab Emirates (UAE) as a blockchain and crypto hub. Below are Abdou's written responses to questions sent to him. Bitcoin.com News (BCN): You recently launched a decentralized communication finance (dcfi) platform that you call Pravica Club. Can you expl... read More



Bitcoin's 'Fundamental Value Is Not in Line With Market Pric...

    Profitable bitcoin mining is essentially a result of an efficient and highly skilled team of professionals that can maintain runtime, a founder of a Bitcoin mining company has asserted. Therefore, even when the price is hovering around $20,000, a bitcoin miner with these attributes can still operate profitably.'Bitcoin Fundamentals Rarely Change' The drop in value of bitcoin from just under $30,000 at the start of June to below $20,000 by mid-month is believed to be one of the factors that contributed to the collapse and insolvency of large crypto entities like 3AC and more recently Voyager. These two high profile entities, however, are by no means the only ones seriously affected. Besides having to deal with lower prices, many market participants, including bitcoin miners, have had to contend with the elevated risk of becoming insolvent. As the situation with 3AC has shown, many market participants were, or are still, over-leveraged. Another significant drop in prices could result in more insolvencies. However, for other market participants like BTC miner Permian Chain, a further drop in the price of the top crypto is unlikely to have much impact on the company's long-term plans. According to the founder and CEO of the Canada-based cryptocurrency mining firm, Mohamed El-Masri, the fundamental value behind bitcoin is what motivates them. El-Masri also explained to Bitcoin.com News via email that the short-term price volatility of the crypto asset and the accompanying media he... read More



Trend Forecaster Gerald Celente Says World War 3 Has Begun — &lsqu...

    This week Bitcoin.com News spoke with Gerald Celente, the popular trends forecaster, and publisher of the Trends Journal. During a telephone conversation, Celente discussed the uncertainty surrounding the global economy after governments worldwide locked down the world's citizens over the Covid-19 pandemic, shut down businesses and injected trillions into the economy. The discussion touches upon gold, bitcoin, the pandemic, the Ukraine-Russia war, and the Federal Reserve. The trends forecaster believes that World War III has already begun, and if people do not assemble to bolster peace in this world then we the people are doomed. Celente stressed that if people want real change, they cannot rely on hope as they need to take a stand to make it happen themselves.Trend Forecaster Gerald Celente Discusses the Economy, Covid 19, Great Reset, Gold, Bitcoin and MoreBitcoin.com News (BCN): What do you think about the global economy and the way it is today?Gerald Celente (GC): The Trends Journal had forecast this back in 2000. The reality that everybody is forgetting is that the Covid War destroyed the livelihoods of hundreds of millions, if not billions of people. The only thing they did to prevent it was to inject countless trillions of dollars of monetary methadone into the equity markets through their bond-buying schemes and keeping interest rates to negative and zero rate policy. Then governments pump in countless trillions of free money to keep pumping up the economy artificiall... read More



Namibian Educator: Low Level of Crypto and Blockchain Adoption in Africa...

    Blockchain and crypto enthusiasts have for years preached about the much envisioned mass adoption of this fintech and why this is an important goal that must be achieved sooner than later. However, many factors like ignorance, a lack of information, and poor telecommunication infrastructure have made the attainment of this objective difficult.A Book of 'Immeasurable' Importance In Africa, where proponents of cryptocurrencies believe the technology has a better chance of succeeding, the task of convincing the continent's citizens is made even more difficult by scammers. The number of people losing money to crypto scams remains very high, and this works against adoption efforts. To overcome this challenge, one Namibian educator and author, Gurvy Kavei, decided to publish a book that shares what he has learned. Kavei, who is also a tutor at the University of Namibia, told Bitcoin.com News that he expects the book to help practitioners, policymakers, as well as educators like himself, become acquainted with the technology's basics. In addition to sharing his reasons for publishing the book, Kavei explained to Bitcoin.com News in written responses why thinks education is the key. Below are Kavei's responses to questions sent to him via Whatsapp. Bitcoin.com News (BCN): What made you decide to write this book?Gurvy Kavei (GK): I am an educationist. With the low level of crypto and blockchain adoptions in Africa and Namibia in particular, it becomes a duty of care to create and shar... read More



Co-Founder of Africa Focused Fintech: Traditional Banks Not Optimized to...

    For years, traditional financial institutions in different parts of the world have been attempting to narrow the financial exclusion gap by extending their services to the unbanked population. Yet for many reasons, these institutions still cannot avail their products and services to everyone that needs them.Regulatory Hurdles While there are several reasons cited for why banks are still not able to do this, their failure to serve this unbanked population has, on the other hand, led to the meteoric rise of fintech startups. Instead of relying on metrics often used by traditional banks when making a decision on whether to open a new branch or not, fintech startups such as Eversend are often primed to serve even those without regular incomes. For individuals like Stone Atwine, a veteran banker who has been named in Forbes' 30 Under 30 List for Europe, and Technology, the failures of large financial institutions have created opportunities. In addition to explaining why he thinks traditional banks have failed to close the financial exclusion gap, Atwine (co-founder of Eversend) also shared his sentiments on crypto, stablecoins, and Web3 with Bitcoin.com News. Below are Atwine's responses to questions sent to him via email. Bitcoin.com News (BCN): You have worked for several conventional financial institutions and in different capacities. What can you say about their efforts to extend financial services to the unbanked? Do you see them ever succeeding at this, seeing that it has be... read More



Nigerian Fintech Founder: 'African Fintechs Have a Greater Scale P...

    The African fintech industry has grown rapidly over the past few years and this has caught the attention of some well-resourced venture capital (VC) firms. As one would expect, Nigerian fintech startups have dominated the continent in terms of funds raised or the number of transactions performed.Nigeria's Burgeoning Fintech Scene This dominance has convinced VCs to pour tens of millions of dollars into different Nigerian fintech projects. In fact, a few fintech startups that originated in Nigeria, the continent's most populous country, have managed to secure funding in excess of $100 million. Using the funds raised, the fintech startups have not only expanded their footprint across the African continent but have increased the number of services they offer. Overall, the rapid growth of the fintech industry is said to have benefitted many financially excluded people from Africa. However, critics of Nigeria's fintechs have argued that some of the VC-backed startups appear interested in brandishing volumes or the number of transactions performed over a certain period. Only a few are concerned about the future prospects of their businesses, the critics claim. In order to gain some insight into this and other issues within Nigeria's growing fintech industry, Bitcoin.com News recently reached out to Eghosa Nehikare, the CEO of a financial services fintech startup, Multigate. In written responses to questions sent via Whatsapp, Nehikare offers his thoughts on why Nigerian fintechs ar... read More



World Bank Predicts 3% Gold Price Growth, Expert Says a $3K per Ounce &l...

    The World Bank has said it expects the price of gold to rise by 3% in 2022 but warned the price might fall sharply if the Russian central bank decides to offload large quantities of the commodity. The Russian Factor After the price of gold surged past the $2,000 mark in early March, a new World Bank report now predicts the commodity's value will only grow by just 3% in 2022. The bank, however, said it expects prices of commodities like food - which have risen by 84% - and crude oil to stay elevated for much of 2022. While some gold supporters have predicted the price of the metal will likely hit a new all-time high, in its report, the World Bank is instead expecting a possible sharp price fall in 2023. The bank points to the possible offloading of large quantities of gold by Russia as one possible factor that will weigh down the price. 'In the longer term, gold prices could be affected by the Bank of Russia's policies, and should it engage in large gold sales, prices could drop materially,' a report quoting the bank's latest forecast document has said. When Russia, which has been cut off from the global financial system, resorts to selling large quantities of gold as a way to raise funds, the resulting supply glut will likely cause the commodity's price to drop. In the meantime, some reports have suggested that Russia is considering the possibility of backing its currency with gold. While it's not yet clear when this will likely happen, the prospect of a large country backing... read More



Founder of Zimbabwean Fintech Startup: 'Everyone Has a Right to Ac...

    Cryptocurrencies have been proven to be a financial tool that can be used to store value or make payments by those excluded from the financial system. Yet, despite this being true in many jurisdictions, many of those that might benefit from cryptocurrencies are still not using them.Regulatory Uncertainty and Ignorance There may be several different reasons why this is the case, but as many in the crypto space have acknowledged, regulatory uncertainty and ignorance are often the key factors that dissuade prospective users from adopting this fintech. Therefore, in order to overcome these and other barriers, entrepreneurs like Tadii Tendayi, the CEO and co-founder of Bitflex, have or are launching fintech solutions anchored on blockchain tehcnology. To understand how Bitflex is aiming to use the blockchain to benefit the masses, Bitcoin.com News recently reached out to the CEO via Linkedin. Below are Tendayi's answers to questions sent to him by Bitcoin.com News. Financial Freedom a Human RightBitcoin.com News (BCN): Can you start by telling our readers what made you decide to start this project and who else is behind it?Tadii Tendayi (TT): BitFlex was born out of the need to improve access to digital assets for Zimbabweans. It was registered in 2017. Given Zimbabwe's current economic situation this is the easiest way to pay for products abroad. BCN: Is your startup already profitable or will this take a bit longer to achieve?TT: This will take a bit longer to achieve as right n... read More



Top 5 Watershed Moments In BTC On-Chain Analysis' History. Is Your...

    These five moments shaped Bitcoin On-Chain analysis. Down below you’ll find a basic 101 article that reviews the basic concepts of the trade. If you have any problem with the list, David Puell is to blame. He’s a full-time on-chain analyst and the creator of MVRV and Puell Multiple. A side game called: Did your favorite moment make it?  1. ByteCoin invents cointime destroyed in 2011, the very first on-chain metric ever, still used today, and first metric to detect holding behavior in any financial asset. — David Puell (@kenoshaking) February 17, 2022 Anyway, let’s get into it. On-Chain Analysis Moment #1- ByteCoin Invents Coin Days Destroyed (CDD) AKA Coin Time Destroyed Invented In 2011, according to Puell CDD is “the very first on-chain metric ever, still used today, and first metric to detect holding behavior in any financial asset.” How does the metric detect holders, though? According to Glassnode Academy, “Coin Days Destroyed is a measure of economic activity which gives more weight to coins which haven't been spent for a long time.” So, the first eureka moment was to get the coin’s age into the equation. That way, the all-important holders entered into the equation. Glassnode again: “It is considered an important alternative to looking at total transaction volumes, which may not accurately represent economic activity if value was not stored for a meaningful time. Conversely, coins held in cold storage a... read More



'Ponzi Schemes Have Created a Negative Reputation for the Industry...

    Education and awareness campaigns are still viewed as important channels that draw people to cryptocurrencies and blockchain. This has been particularly true in some parts of Africa where bitcoin and other cryptocurrencies are proving to be a useful alternative to fiat currency. Blockchain Education and Advocacy From Uganda Despite a surge in the use of blockchain technology and cryptocurrencies that started with the pandemic-inspired lockdowns, many people, particularly in Africa, are still unfamiliar with these technologies. To bridge this knowledge gap, many blockchain enthusiasts in Africa have chosen to focus their efforts on educating their fellow countrymen on the basics of the blockchain. In Uganda, blockchain enthusiasts Daniel Mulondo and Killian Mugenyi have created a platform called Nileone, which not only aims to educate but also to help raise awareness about potential crypto scams. In an interview with Bitcoin.com News, Mugenyi explains how their efforts to raise public awareness are yielding positive results. He also gives his opinion on issues ranging from central bank digital currencies (CBDC) to ongoing efforts by Ugandan authorities to regulate digital assets. Below are Mugenyi's written responses to Bitcoin.com News regarding questions sent to him via Whatsapp. Bitcoin.com News (BCN): You are one of the few figures in Africa involved in crypto/blockchain education and advocacy. Can you explain why you have chosen to be involved in this work? Killian Mugeny... read More



‘Making a Stronger Impact Artistically’— An In-Depth Discussion Ab...

    Last month, the lead vocalist of System of a Down, Serj Tankian, hosted an art exhibition with the non-fungible token (NFT) platform and marketplace Curio NFT. The physical and virtual-melded art show was called 'Not for Touching' and this week Tankian told Bitcoin.com News that he believes NFT technology has opened new doors for his artistic expression. This week Bitcoin.com News chatted with System of a Down's (SoaD) lead vocalist, Serj Tankian, about non-fungible token (NFT) tech and how it has given him the ability to express his art in a new way. In December, Tankian and Curio NFT hosted an art exhibition featuring the artist's NFT artwork called 'Not for Touching.' Tankian has been an artist for years, but NFTs has given the SoaD singer a new way 'to affect multiple senses simultaneously' and he stressed that he's always interested in having 'a stronger impact artistically.' The following is an in-depth discussion with SoaD's Serj Tankian that Bitcoin.com News recorded on January 5. Bitcoin.com News (BCN): You've recently stepped into the world of NFTs. Can you tell our readers how you discovered NFT technology? Serj Tankian: I discovered it by reading the news. Seeing how different artists were releasing NFTs. We were remodeling the house and I had a lot of reading time, and I was like 'wow this is really interesting.' Since I've been doing art for a number of years, musically connected art, I thought 'wow this could be a new platform for what I am doing.' So that's wh... read More



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