The End of Bitcoin’s Crypto Dominance?

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  • Bloomberg Markets and Finance published this video item, entitled “The End of Bitcoin’s Crypto Dominance?” – below is their description.

    The surge in cryptocurrency shows no sign of abating, with a total market cap now exceeding the world’s two most valuable companies, Apple and Saudi Aramco. But the shape of the crypto market is changing rapidly, with bitcoin potentially dropping below 50% of the value of all coins for the first time in three years. What’s the outlook for the alternative coin market? Presented by @CME Group:

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    In This Story: Bitcoin

    Bitcoin is a cryptocurrency invented in 2008 by an unknown person or group of people using the name Satoshi Nakamoto and started in 2009 when its implementation was released as open-source software. Bitcoin was the first decentralized cryptocurrency.

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  • In This Story: Cryptocurrency

    A cryptocurrency, crypto-currency, or crypto is a digital asset designed to work as a medium of exchange wherein individual coin ownership records are stored in a ledger existing in a form of a computerized database using strong cryptography to secure transaction records, to control the creation of additional coins, and to verify the transfer of coin ownership.

    Bitcoin is the first decentralized cryptocurrency. Since the release of bitcoin, other cryptocurrencies have been created.

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