The Block • Sep 27, 23
Bitcoin’s correlation with equities continuing to diverge
The correlation between bitcoin and equities will continue to diverge over the coming months due to the Fed's continued monetary tightening.
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HitChain
HIT
HitChain is not available for trading on the Coinbase Exchange, but is supported on Coinbase Wallet
Buy HitChain with Coinbase Wallet
HitChain can be traded using Coinbase Wallet, your key to the world of crypto.
HitChain is only available through Coinbase Wallet. Assets on Coinbase Wallet are not held by Coinbase. Use of Coinbase Wallet is subject to these terms.
Market
Market stats
Market cap
-
Volume (24h)
$36,794.15
Circulating supply
-
All time high
$0.000031
Price change (1h)
-0.7%
Price change (24h)
-3.85%
Price change (7d)
-0.63%
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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.
HitChain is on the decline this week.
The price of HitChain has fallen by 0.63% in the past 7 days. The price declined by 3.85% in the last 24 hours. In just the past hour, the price shrunk by 0.70%. The current price is $0.00000346 per HIT. HitChain is 88.90% below the all time high of $0.000031.
The current circulating supply is 0 HIT.
About
What IsHitChain (HIT)?
HitChain is a decentralized developer autonomous community developed, by the developers, for the developers. It is built to value developers' works with a transparent credit system using blockchain technology. This platform seeks to offer developers to automatically redeem the value of innovation and creativity with currency value and currency right. Being a self-governed system, the platform aims to make sure that each member has the right to participate in the community's decisions.
HitChain is a decentralized platform that seeks to embrace autonomy, democracy, transparency, and fairness without any third-party or centralized supervision. HIT token is an Ethereum-based ERC-20 token. ERC-20 can be traded for HitChain Token (HIT Token) at a one-to-one ratio once HitChain is operational.
The HitChain platform came into existence when it was observed that most hardworking developers could not earn from their contribution. Open-source is revolutionizing the software industry, and more and more companies such as IBM and Google are adopting this field. Open-source developers are the main force behind this movement. Even after all this, the developers are still at the farthest end in the value chain of the tech industry.
As per the whitepaper of HitChain, the open-source communities provide developers with tools or space for their work. Although, they still don't represent the developer's interest as they are profit-driven enterprises. Thus, HitChain comes into a picture that seeks to offer a more dynamic, democratic, and autonomous open-source ecosystem. The term HitChain is derived from Git and blockchain. Git is the open-source distributed revision control system.
The overall architecture of HitChain seeks to include four core components:
HitChain infrastructure -HitChain Community Infrastructure provides key services like Hit code management Protocol, distributed code hosting services, and authentication services.
HitChaincryptocurrency infrastructure-HitChain currency Infrastructure offers technical support based on blockchain technology like ledgers, isolation testimonials, consensus mechanisms, and smart contracts. Smart contracts are just like regular contracts; however, instead of being drafted on paper, these contracts run in the form of protocols on the blockchain.
HitChain applications -Comprehensive applications are provided by HitChain that offer code development, deployment, and transaction.
HitChain Development and Trading Community -HitChain development community is for software development based on open-source developers. On the other side, HitChain trading community comprises code developers and code consumers for software transactions.
History of HitChain (HIT)
The team setup of HitChain was done in 2018. Jiang Li is the chairman and director of HitChain. He has great expertise in blockchain, cloud computing, and open-source ecology. He is responsible for the overall mechanism of HitChain. KheeJoo Tan is the director of HitChain, who has served as a technology executive in numerous transnational soft corporations. Leon Li is the director of the HitChain foundation, leading the open-source system in the HitChain team.
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HitChain Calculator
How much is 1 HIT?
Conversion Table
HIT/USD (United States Dollar)
$0.00000346
HIT/CAD (Canadian Dollar)
CA$0.00000469
HIT/GBP (British Pound)
£0.00000284
HIT/JPY (Japanese Yen)
¥0.000518
HIT/INR (Indian Rupee)
₹0.000287
HIT/BRL (Real)
R$0.000017
HIT/EUR (Euro)
€0.00000327
HIT/NGN (Nigerian Naira)
NGN 0.0027
HIT/KRW (South Korean Won)
₩0.0047
HIT/SGD (Singapore Dollar)
S$0.00000473
Reading List
News
Decrypt • Sep 27, 23
You Can Now Trade Bitcoin Mining Hashpower on Arbitrum
The Lumerin Hashpower Marketplace creates a novel method for decentralizing Bitcoin's global hashrate and makes mining accessible to retail investors.
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Unchained • Sep 27, 23
SEC Chair Gensler Says Bitcoin Isn’t a Security
Appearing before the U.S. House Financial Services Committee on Wednesday, Securities and Exchange Commission (SEC) Chair Gary Gensler said that bitcoin (BTC) isn’t a security but stopped short of calling the digital asset a commodity. The sentiment echoed Gensler’s previously more lenient stance on
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CoinDesk • Sep 27, 23
The Protocol: Google Pushes Deeper into Blockchain
Google's cloud-computing division is increasingly involved in blockchain, with plans to add 11 networks including Polygon, Optimism, and Polkadot to its 'BigQuery' program for public datasets.
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CoinDesk • Sep 27, 23
With All Eyes on a Spot Bitcoin ETF Approval, Don’t Sleep on ETH (or ETHE)
There’s a better trade than buying Grayscale’s GBTC if you’re optimistic the SEC will approve crypto ETFs.
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The Block • Sep 27, 23
FalconX participates in $3 million seed round for DeFi portfolio manager Bril Finance
Bril Finance raised $3 million in seed funding from FalconX, Kosmos Ventures and the Algorand Foundation. It also officially launched on Sei.
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FAQ
What is the current price of HitChain?
We update our HitChain to USD currency in real-time. Get the live price of HitChain on Coinbase.
What is the market cap of HitChain?
The current market cap of HitChain is $0.00. A high market cap implies that the asset is highly valued by the market.
What is the all time high of HitChain?
The all-time high of HitChain is $0.000031. This all-time high is highest price paid for HitChain since it was launched.
What is the 24 hour trading volume of HitChain?
Over the last 24 hours, the trading volume of HitChain is $36.79K.
What other assets are similar to HitChain?
Assets that have a similar market cap to HitChain include OvalPixel, ShibariumAI, Diamond Hands, and many others. To see a full list, see our comparable market cap assets.
How many HitChain are there?
The current circulating supply of HitChain is 0.
Can I buy HitChain on Coinbase?
Yes, HitChain is currently available on Coinbase wallet. For more detailed instructions, check out our helpful how to buy HitChain 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.