Bitcoin

Altcoins have lagged throughout the year amid regulatory uncertainty, and hence, K33 Research analysts said they are “more sensitive” to the election results.

The company requires financing conditions to remain agreeable, and there needs to be continued investor demand for the firm’s convertible debt, the report said.

The Bitcoin hashrate, on a seven-day moving average, hit a record high of 755 EH/s last week.

A majority of that stash, or nearly 30,400 BTC, was sent to “1FG2C…Rveoy” and 2,000 BTC was moved to “15gNR…a8Aok” after first being sent to a Mt. Gox cold wallet.

To this point, Semler’s is at about breakeven on its bitcoin investment.

Bitcoin mining could eventually help develop a küresel index for the price of electricity, according to Sangha Renewables President Spencer Marr.

Moving bitcoin into pension schemes is “a bold step that reflects the forward-thinking nature of the trustees involved,” pension specialist Cartwright told Corporate Advisor magazine.

At the same time, crypto investors are looking to reduce risk ahead of the U.S. election, driving bitcoin’s crypto-market dominance to a cycle high.

Whether Kamala Harris or Donald Trump becomes U.S. president probably won’t dictate bitcoin’s price growth.

At least according to betting markets, the U.S. presidential election has moved to nearly a 50/50 race versus the outlook for an easy Trump victory just days ago.