Bitcoin has broken new 2020 highs as uncertainty persists in the US presidential election. Still no clear winner in the elections. Closed results, tension and uncertainty. What many unfortunately feared is happening, Trump declared himself the winner in the early hours of the morning, despite the fact that the count continues. Which means that the presidency of the United States is still up in the air.
For her part, Biden’s senior campaign advisor, Anita Dunn, emphasized this afternoon that the campaign is confident that they will achieve 270 electoral votes. Although there is still no clear winner in the election and said that Joe Biden will declare victory once the campaign believes they have reached that number. Regardless of whether the media has projected those states.
Now around noon, the leading cryptocurrency in the market, Bitcoin broke the resistance level of $ 14,100 that had been difficult for the bulls to climb four days before October 31.
With the main states yet to convene in the US presidential race. And Republican President Donald Trump accusing the Democrats of trying to “steal” the election. The initial reading is that Bitcoin prices reflect an increased likelihood of prolonged uncertainty or political stagnation that could hamper a rapid economic recovery.
For now, the leading cryptocurrency is at USD 14,100 according to our online crypto tool. Obtaining an increasing variation of 2.43% in the last 24 hours.
AP News Publishes US Presidential Election Results on Blockchain
The Associated Press news agency has been publishing the results of the November 3 US presidential election on the Ethereum and EOS blockchains.
As stated on the developer’s webpage detailing how to access their AP Elections API, Everipedia’s OraQle software is immutable writing the results to the Blockchain.
While the results are naturally also posted on the AP website. Using Blockchain-based Everipedia provides a permanent and unalterable record of calls for each state as they arrive.
AP has also released the Ethereum smart contract address. Allowing readers to use block explorers like Etherscan to track results as they arrive.
The crypto world is eager to know who will become the next US president and the effect it will have on the markets. But still, the United States is without a clear winner in the elections.
Ethereum 2.0 Countdown Begins With Deposit Contract Release
The Ethereum 2.0 deposit contract is now live, heralding the imminent reveal of the second act of the ‘world computer’.
Posted at 15:00 UTC, according to developer Afri Schoedon, the deposit agreement is the first physical implementation of ETH 2.0 for everyday users. The escrow contract acts as a bridge between the upcoming Proof-of-Stake (PoS) blockchain and the current Proof-of-Work (PoW) mainstream chain, valued at about $ 40 billion per market capitalization.
The time of genesis for ETH 2.0 was first set for January 3, the 12th anniversary of the launch of the Bitcoin network. Date has moved, GitHub file shows, to December 1. After the publication of this article, the archive of the deposit agreement was confirmed by a blog from the Ethereum Foundation.