Hong Kong-listed Hengyue Holdings spent HK$5.242 million to purchase 6.12 BTC, with plans to launch prepaid Bitcoin cards.

The post Is Bitcoin Getting Boring Actually A Good Thing? Why Michael Saylor Believes Reduced Volatility Will Attract Mega Institutions ⋆ ZyCrypto appeared on BitcoinEthereumNews.com. Advertisement &nbsp &nbsp The past couple of weeks have been rather dull for digital asset investors, with Bitcoin remaining range-bound since smashing a new all-time high above $124,000 in mid-August. Uber-bull Michael Saylor suggested that BTC will undoubtedly disappoint thrill-seekers who thrive on price swings if it is to become more appealing to institutional investors. “You want the volatility to decrease so the mega institutions feel comfortable entering the space and size,” the Strategy co-founder and Executive Chairman posited during a Friday interview with the Coin Stories podcast. Bitcoin’s “Growing Stage” Bitcoin, the world’s oldest and largest cryptocurrency, is boring, said Michael Saylor. But that’s a good thing. “The conundrum is, well, if the mega institutions are going to enter, if the volatility decreases, it is going to be boring for a while, and because it’s boring for a while, people’s adrenaline rush is going to drop,” Saylor elaborated. Advertisement &nbsp “It’s like they had this big high and now the adrenaline is wearing off and they’re a little bearish.” Saylor noted that this is the “growing stage” and a natural aspect of Bitcoin’s life cycle, and the volatility “coming out” of the premier crypto is a good indication. He pointed out that Bitcoin innovation and new products are still in the infant stages, as the market continues to “get educated.” “This is the digital gold rush in the 10 years from 2025 to 2035,” Saylor added, noting that there are going to be a variety of business models and products developed. “There’ll be a lot of mistakes made and there’ll be a lot of fortunes created,” he continued. Bitcoin was changing hands at $115,862 as of press time, reflecting a 0.6% decline on the day, according to CoinGecko. The U.S. Federal Reserve has resumed easing after ten…

A few hours ago, DOGE’s first-ever ETF (Exchange Traded Fund) went live, and within a few hours of the launch, the ETF’s volume almost reached $6 million. This kind of daily volume is not typical for ETFs, especially crypto. The launch of the Dogecoin ETF made investing in the token easier for traditional investors. So […]

The Romanian National Office for Gambling said that it would "not allow the transformation of blockchain into a screen for illegal betting."