The Block • May 08, 24
Core Scientific self-mined over $175 million of bitcoin in Q1, swings to profit
The company also said it registered a net income of $210.7 million, compared to net loss of about $400,000 last year.
Read more
1 Bitcoin equals 61,619.99 USDC
Last update: 9:38 PM, May 8, 2024
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The current BTC to USDC conversion rate is 61,619.99. Inversely, this means that if you convert 1 USDC you will get 0 BTC.
The conversion rate of BTC/USDC has decreased by 0.13% in the last hour and shrunk by 2.17% in the last 24 hours.
About Bitcoin (BTC)
The world’s first cryptocurrency, Bitcoin is stored and exchanged securely on the internet through a digital ledger known as a blockchain. Bitcoins are divisible into smaller units known as satoshis — each satoshi is worth 0.00000001 bitcoin.
About USDC (USDC)
USDC is a stablecoin redeemable on a 1:1 basis for US dollars, backed by dollar denominated assets held in segregated accounts with US regulated financial institutions. The launch of USDC was powered by a collaboration between Coinbase and Circle through the co-founding of the CENTRE Consortium. Coinbase customers with US dollar accounts may exchange 1 USDC for US$1.00 (and vice versa) on Coinbase in jurisdictions where USDC support is available. The graph above reflects USDC’s current and historical redemption value of US$1.00, which may not match the price of USDC on other exchanges. Note: Coinbase only supports USDC running on Ethereum (ERC-20).
Amount (BTC) | Amount (USDC) |
---|---|
0.5 BTC | 30,809.99 USDC |
1 BTC | 61,619.99 USDC |
5 BTC | 308,099.94 USDC |
10 BTC | 616,199.88 USDC |
50 BTC | 3,080,999.40 USDC |
100 BTC | 6,161,998.81 USDC |
500 BTC | 30,809,994.03 USDC |
1,000 BTC | 61,619,988.06 USDC |
Amount (USDC) | Amount (BTC) |
---|---|
0.5 USDC | 0.00000811 BTC |
1 USDC | 0.000016 BTC |
5 USDC | 0.000081 BTC |
10 USDC | 0.000162 BTC |
50 USDC | 0.000811 BTC |
100 USDC | 0.0016 BTC |
500 USDC | 0.0081 BTC |
1,000 USDC | 0.0162 BTC |
Last update: May 8, 2024 at 9:37 PM |
24 hours ago | Change (24h) | 1 week ago | Change (1W) | 1 month ago | Change (1M) | 1 year ago | Change (1Y) |
---|---|---|---|---|---|---|---|
62,970.21 USDC | -2.19% | 57,824.64 USDC | +6.16% | 71,999.99 USDC | -16.85% | 27,693.24 USDC | +55.06% |
Last update: May 8, 2024 at 9:37 PM |
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The Block • May 08, 24
Core Scientific self-mined over $175 million of bitcoin in Q1, swings to profit
The company also said it registered a net income of $210.7 million, compared to net loss of about $400,000 last year.
Read more
BeInCrypto • May 08, 24
Worldcoin (WLD) Price Could Continue Its 22% Increase
Worldcoin's price is in the middle of a bullish double bottom pattern and could note further rally provided it receives investors support.The post Worldcoin (WLD) Price Could Continue Its 22% Increase appeared first on BeInCrypto.
Read more
Blockworks • May 08, 24
After billionth Bitcoin transaction, a look at the network’s evolution
Bitcoin could become “the supreme base settlement layer” as its DeFi capabilities grow, industry founder says
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CoinDesk • May 02, 24
Tokenized Private-Credit Platform Untangled Opens Its First USDC Lending Pool on Celo
Private credit has been at the forefront of crypto's asset tokenization trend with over $600 million outstanding on-chain assets.
Read more
Messari • May 02, 24
State of Celo Q1 2024
Celo’s capabilities to support payment and other real-world applications took a notable stride in Q1 with the integrations of native USDC and USDT. Subsequent proposals were passed to enable users to pay transaction fees in those native stablecoins. One of the standout payments applications on Ce...
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Blockworks • Apr 11, 24
Circle debuts way to trade BlackRock tokenized fund shares for USDC
Circle’s new smart contract to allow holders of BlackRock USD Institutional Digital Liquidity Fund to redeem shares for its stablecoin
Read more
This content is being provided to you for informational purposes only, does not constitute an offer, or solicitation of an offer nor a recommendation by Coinbase to buy, sell, or hold any security, financial product, or instrument referenced in the content, and does not constitute investment advice, financial advice, trading advice, or any other sort of advice. Data presented may reflect asset prices traded on the Coinbase exchange as well as other cryptocurrency exchanges and market data platform. Coinbase may charge fees for the processing of cryptocurrency transactions which may not be reflected in the conversion prices displayed. Coinbase is not liable for any errors or delays in content, or for any actions taken in reliance on any content.