Hive Blockchain Technologies (HIVE.V) refuses to panic, and makes most of bad situation

The advent of the COVID-19 pandemic brought on and continues to bring on some serious questions for every segment of the market, and that includes cryptocurrency. Within two days, Bitcoin was slashed in half as investors pulled their money out in droves and it seemed that almost overnight the question of whether or not Bitcoin was a safe-haven currency had been resolved. But neither was gold. The sharp truth was that panic had set in and nothing and no one was safe from this new economic reality.

The sky is falling so where is all the money going if not into bitcoin

Bitcoin is supposed to be a safe-haven currency. When the markets go to shit like they are today, in theory people evacuate their traditional positions and throw their money into digital currencies and other adjacent crypto-related stock, like bitcoin mining or one of the many digital asset companies offering the proximity and benefits of bitcoin without any of the hassle of actually owning any.

Hive Blockchain’s (HIVE.V) rebuilding year comes to a close in time for the halving

In hockey, when your team’s down and your favourite pita-slinger’s getting on your case at your local shawarma shack, you can pull out the faithful excuse that it’s a rebuilding year. Yeah. A rebuilding year. They’re making trades and figuring out how to skate together and once they iron out some of the kinks and find out what combinations work best for line chemistry, then you’d better watch out in June.

A bird’s-eye view of the blockchain markets: who survived the crypto-winter and why

It’s hard to pinpoint any variety of bellwether company for the blockchain space, because those particular markets defy any attempt at classification. There are experimental blockchain companies working with ERC20 ethereum-based clones, trying to find a way to squeeze a dollar or two out of smart contracts, and there are the outliers, and the disparate (and desperate) ancillary companies in the blockchain space, trying to leverage blockchain’s curious architecture as a potential revenue source. Then there are the miners, using massive hydroelectric and fossil fuel output to pull digital money from complex math.