Why A “Boring” Bitcoin Could Be A Good Thing
The current bitcoin trend can be described as “boring” by a lot of folks in the market. However, it is good to look at what this would mean in a space like the crypto industry that is used to fast-moving prices and quick-changing momentum. While the word “boring” may sound bad to investors who are used to these characteristics, Director of Global Macro at Fidelity, Jurrien Timmer, explains why this could inherently be a good thing for the digital asset. Draw In Institutional Investors The need for institutional investors in bitcoin cannot be overstated. For the digital asset to get to some....
Related News
Can you say landslide? That's the word that possibly most accurately describe's last week's poll. In that poll, we asked: "PayPal integrating digital currency: A good or bad thing?" We thought we might actually have a close race between "yes" and "no", but that wasn't the case at all. In total, there were about 700 votes cast, and a whopping 636 voters (90.86 percent) said that a digital currency integration into the PayPal platform would be considered a good thing. Only 64 people said that such an integration would be bad (9.14 percent). But why in the world would such a thing be....
Bitcoin has started a recent downtrend that is threatening its position above the coveted $40,000 level. This is presumed to be caused by major sell-offs in the market. However, exchange metrics continue to show that this is not entirely the case. Exchange balances have been plummeting for the past year pointing towards massive accumulation trends and this has come to a head after bitcoin exchange balances have touched a new 4-year low. Exchange Balances Plummet It is no secret that the bitcoin being left on centralized exchanges has been declining. However, the margin by which this has....
If you even casually follow security news, you’re aware that the key governing Microsoft Secure Boot has been found, exploited, and Secure Boot as a “feature” has been rendered meaningless. I’m here to tell you that this is a good thing. Most coverage of the subject has been written in that panicky, alarmist prose that makes for exciting news, but the problem is that the invalidation of Secure Boot is a very positive development for everyone concerned, except for Microsoft. Yes, it shows why backdoors for “the good guys” are a terrible idea — yes, it even has far-reaching implications for....
The recent downturn of bitcoin price has several people worried. Many mining operations have ceased activity, saying they will no longer engage until the price rebounds. Politicians and businesses alike are warning listeners to stay away from bitcoin due to the endless price fluctuations, and overall the power of the haters has become a little stronger than we'd all like. Thus far, most of us are concentrating on the negatives, but is it actually possible that maybe the bitcoin price drop could be a good thing? When we look between the lines, is it possible that there is actually a shred....
Ye, formerly known as Kanye West, has recently shown signs of support for bitcoin — but is that a good thing, or a bad thing?