The latest news in the Bitcoin space is one that has been in the making for four years: the Winklevoss’ twins Bitcoin ETF will soon be accepted, or rejected, by the Securities and Exchange Commission (the SEC). This decision will have a profound impact on the history Bitcoin history, and it’s the first step to legitimizing Bitcoin’s acceptance with the general public.
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Why Silicon Valley Will Eat Wall Street’s Lunch
Wall Street, the world’s financial capital, steeped in decades of history, has long been the draw of top graduates from America’s finest universities. The allure of steely buildings, sharp suits, and neatly folded copies of the New York Times has inspired the cream of the crop to enter the corporate fray and work towards that house in the Hamptons.
Top Venture Capital Deals of Bitcoin
It seems as though every Bitcoin conversation eventually comes back to the recent price decline of the cryptocurrency and its supposed imminent collapse into irrelevance. This, of course, is a fairly shallow conversation based on only the most visible indicator of the currency’s health — not the most relevant. The price of Bitcoin does fluctuate, and may experience multi-year declines, just like any other currency.