Bitcoin fluctuated in Asian trading, and yesterday's gains were partially given back

Bitcoin prices fluctuated in the Asian session on Tuesday (November 10), and yesterday's gains were partially reversed.

The quotes released by BITSTAMP show that Bitcoin/US dollar (XBT/USD) rose from 360 to above 385 yesterday, then fluctuated and fell back, trading around 375 in the Asian session of this trading day.

The quotes released by KRAKEN showed that Bitcoin/ Euro (1.0743, -0.001, -0.09%) (XBT/EUR) rose from 335 to above 355 yesterday, then fell back and traded at the 350 level in the Asian session of this trading day.

The quotes released by Huobi.com show that Bitcoin/ RMB (6.3616, -0.0004, -0.01%) rose from 2400 to 2550 yesterday, then retreated and traded at 2480 in the Asian session of this trading day.

On the industry side, Bhagwan Chowdhry, a professor of finance at the University of California, Los Angeles, clearly stated in an article published in the Huffington Post that the inventor of Bitcoin, Satoshi Nakamoto, has been nominated as a candidate for the 2016 Nobel Prize in Economics.

Chowdhry believes that Bitcoin is more than just a revolution. It has many advantages over physical currency and paper money, and it relies on unbreakable encryption codes and can be divided into smaller subunits. Bitcoin bypasses governments, central banks and financial intermediaries, and has spawned exciting innovations in the field of financial technology.

The problem, however, is that the true identity of Satoshi Nakamoto remains a mystery. The inventor has not appeared in public since 2010, when he last made a statement in the Bitcoin community under the name "Satoshi Nakamoto".