Wrapped Bitcoin WBTC Price, Live Charts, and News in Canada

Name: Wrapped Bitcoin
Brand: Cryptocurrency
SKU: WBTC
Price: 84117.622529053341524264 CAD
Availability: InStock

Wrapped Bitcoin

WBTC

Trade Wrapped Bitcoin on DEX

Wrapped Bitcoin can be traded on a decentralized exchange (DEX) using your Coinbase web3 wallet.

Trade Wrapped Bitcoin on DEX

Wrapped Bitcoin is only supported on a DEX. Additional fees will apply. Coinbase is not responsible for activity or assets traded on a DEX. Learn more.

About Wrapped Bitcoin

Wrapped Bitcoin (WBTC) is an Ethereum token that is intended to represent Bitcoin (BTC) on the Ethereum blockchain. It is not Bitcoin, but rather a separate ERC-20 token that’s designed to track Bitcoin’s value. WBTC was created to allow Bitcoin holders to participate in decentralized finance (“DeFi”) apps that are popular on Ethereum. Through a WBTC partner, 1 Bitcoin can be exchanged for 1 Wrapped Bitcoin, and vice-versa. The BTC that backs WBTC is verifiable through a “proof of reserve” system that verifies the 1:1 backing between minted WBTC tokens and Bitcoin stored by custodians. WBTC is maintained by a group called the WBTC DAO that consists of over 30 members. It was originally started by BitGo, Ren, and Kyber.

Resources

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Sum of median estimated savings and rewards earned, per user in 2021 across multiple Coinbase programs (excluding sweepstakes). This amount includes fee waivers from Coinbase One (excluding the subscription cost), rewards from Coinbase Card, and staking rewards.

Market

Canada Market Stats

Market cap

CA$13.0B

Volume (24h)

CA$282.4M

Circulating supply

155.4K WBTC

Typical hold time

12 days

Popularity

#203

All time high

CA$100,720.03

Price change (1h)

-0.15%

Price change (24h)

-1.31%

Price change (7d)

-7.54%

Canada News about Wrapped Bitcoin

DL News • Apr 30, 24

Analyst sees Fed powering Bitcoin to $180,000 before year’s end

The Fed’s response to any currency, credit, or funding failure will be “swift and meaningful,” says Mark Connors, head of research at 3iQ.

The Defiant • Apr 30, 24

0xMaki Proposes Ordinals-Inspired 'Heroglyphs' To Incentivize Solo Stakers

Heroglyphs facilitates the creation of tokens that only solo Ethereum validators can mine.

BeInCrypto • Apr 30, 24

Will the US, Hong Kong, and Australia Bitcoin ETFs Spark 8-Year Gold-Like Bull Rally?

Can Bitcoin's ETF success lead to a long-term bull run, mirroring gold's historic rise?The post Will the US, Hong Kong, and Australia Bitcoin ETFs Spark 8-Year Gold-Like Bull Rally? appeared first on BeInCrypto.

DL News • Apr 30, 24

Hong Kong just opened six Bitcoin and Ether ETFs from three China-linked issuers

With three issuers connected with mainland China, investors hope an inflow of investment capital is on the way.

BeInCrypto • Apr 30, 24

Leading AI and Tech Giants Back YOUR AI’s Grand Vision for Personalized E-Commerce

YOUR AI Protocol is a pioneering force in the intersection of AI and e-commerce. Having built an AI-driven content layer on the Bitcoin and Solana blockchains. The protocol e-commerce stores with AI-enhanced content streaming solutions, and creators with AI content support, earning opportunities ...

Decrypt • Apr 30, 24

Hong Kong Spot Bitcoin and Ethereum ETFs See $11 Million Volume in Debut

It's a far cry from the debut of their Bitcoin ETFs counterparts in the U.S., which saw $4.5 billion on their first day of trading in January.

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Comparable market cap

Of all the assets on Coinbase, these 12 are the closest to Wrapped Bitcoin in market cap.

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Social

Some highlights about Wrapped Bitcoin on social media

403 unique individuals are talking about Wrapped Bitcoin and it is ranked #524 in most mentions and activity from collected posts. In the last 24 hours, across all social media platforms, Wrapped Bitcoin has an average sentiment score of 3.5 out of 5. Finally, Wrapped Bitcoin is becoming more newsworthy, with 0 news articles published about Wrapped Bitcoin. This is a 0% increase in news volume compared to yesterday.

On Twitter, people are mostly neutral about Wrapped Bitcoin. There were 38.61% of tweets with bullish sentiment compared to 12.87% of tweets with a bearish sentiment about Wrapped Bitcoin. 48.51% of tweets were neutral about Wrapped Bitcoin. These sentiments are based on 101 tweets.

On Reddit, Wrapped Bitcoin was mentioned in 14 Reddit posts and there were 27 comments about Wrapped Bitcoin. On average, there were more upvotes compared to downvotes on Reddit posts and more upvotes compared to downvotes on Reddit comments.

Overview

Contributors

403 people

Volume rank

#524

Average Sentiment

3.5 out of 5

Twitter

Tweet Count

101 people

Sentiment

38.61%

Bullish

48.51%

Neutral

12.87%

Bearish

Posts

Comments

Post Score

295

Comment Score

316

Wrapped Bitcoin Calculator

How much is 1 WBTC?

Conversion Table

WBTC/USD (United States Dollar)

$61,431.98

WBTC/CAD (Canadian Dollar)

CA$84,117.62

WBTC/GBP (British Pound)

£49,001.70

WBTC/JPY (Japanese Yen)

¥9,650,001.62

WBTC/INR (Indian Rupee)

₹5,124,939.34

WBTC/BRL (Real)

R$314,992.87

WBTC/EUR (Euro)

€57,324.87

WBTC/NGN (Nigerian Naira)

NGN 83,795,268.45

WBTC/KRW (South Korean Won)

₩84,814,881.27

WBTC/SGD (Singapore Dollar)

S$83,652.09

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Wrapped Bitcoin is on the decline this week.

The price of Wrapped Bitcoin has decreased by 0.15% in the last hour and decreased by 1.31% in the past 24 hours. Wrapped Bitcoin’s price has also fallen by 7.54% in the past week. The current price is CA$84,117.62 per WBTC with a 24-hour trading volume of CA$282.37M. Currently, Wrapped Bitcoin is valued at 16.48% below its all time high of CA$100,720.03. This all-time high was the highest price paid for Wrapped Bitcoin since its launch.

The current circulating supply of Wrapped Bitcoin is 155,384.743 WBTC which means that Wrapped Bitcoin has as total market cap of 155,384.743.

FAQ

What is the current price of Wrapped Bitcoin?

We update our Wrapped Bitcoin to CAD currency in real-time. Get the live price of Wrapped Bitcoin on Coinbase.

What is the market cap of Wrapped Bitcoin?

The current market cap of Wrapped Bitcoin is CA$13.03B. A high market cap implies that the asset is highly valued by the market.

What is the all time high of Wrapped Bitcoin?

The all-time high of Wrapped Bitcoin is CA$100,720.03. This all-time high is highest price paid for Wrapped Bitcoin since it was launched.

What is the 24 hour trading volume of Wrapped Bitcoin?

Over the last 24 hours, the trading volume of Wrapped Bitcoin is CA$282.37M.

What other assets are similar to Wrapped Bitcoin?

Assets that have a similar market cap to Wrapped Bitcoin include Avalanche, Dogecoin, Wrapped TRON, and many others. To see a full list, see our comparable market cap assets.

How many Wrapped Bitcoin are there?

The current circulating supply of Wrapped Bitcoin is 155 thousand.

What is the typical holding time of Wrapped Bitcoin?

The median time that Coinbase customers hold Wrapped Bitcoin before selling it or sending it to another account or address is 12 days.

What is the relative popularity of Wrapped Bitcoin?

Wrapped Bitcoin ranks 130 among tradable assets on Coinbase. Popularity is currently based on relative market cap.

What is the current trading activity of Wrapped Bitcoin?

Currently, 92% of Coinbase users are buying Wrapped Bitcoin. In other words, 92% of Coinbase customers have increased their net position in Wrapped Bitcoin over the past 24 hours through trading.

Can I buy Wrapped Bitcoin on Coinbase?

Yes, Wrapped Bitcoin is currently available on Coinbase web3 wallet. For more detailed instructions, check out our helpful how to buy Wrapped Bitcoin guide.

Certain content has been prepared by third parties not affiliated with Coinbase Inc. or any of its affiliates and Coinbase is not responsible for such content. Coinbase is not liable for any errors or delays in content, or for any actions taken in reliance on any content. Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset. Prices shown are for illustrative purposes only. Actual cryptocurrency prices and associated stats may vary. Data presented may reflect assets traded on Coinbase’s exchange and select other cryptocurrency exchanges.