Tag: currency

Apr 21 2022

Morgan Stanley Says Bitcoin Is Close To Being A Currency: Report

Morgan Stanley said the integration of Strike and BlackHawk Network lets bitcoin enter physical locations, which makes up 85% of U.S. transactions.Morgan Stanley has reportedly said bitcoin has reached an important milestone in being widely used as a currency. Strike integrating with the BlackHawk network allows bitcoin to enter the physical locations of shops and restaurants which still make...

Oct 20 2021

Bitcoin Surpasses Swiss Franc To Become World’s 13th Largest Currency

Oct 20 2021 Published at Bitcoin Magazine under tags  bitcoin currency franc markets swiss

The Swiss Franc (CHF) is worth 18,826,374 BTC in market cap at the time of writing, a little less than Bitcoin.At the time of writing, Bitcoin has surpassed the Swiss Franc (CHF) in market capitalization as the world’s thirteenth largest currency, according to data from Fiatmarketcap.com. There are only 12 world currencies left for Bitcoin to overcome....

Sep 16 2021

Why ECB President Christine Lagarde’s Latest Stance On Bitcoin Is A Good Thing

ECB President Christine Lagarde’s recent remarks that bitcoin is not a currency show that central banks fear losing power.European Central Bank (ECB) President Christine Lagarde was interviewed on Bloomberg TV on September 13, which aired yesterday, September 15. Among the topics discussed, which included monetary policy, debt, and gross domestic product (GDP) of countries in the European Union (EU),...

Aug 04 2021

IMF Issues New Warning Against Using Crypto Assets As National Currency

Aug 04 2021 Published at Bitcoin Magazine under tags  culture currency imf laws regulation

As Bitcoin gains momentum around the world, financial regulators step up their game to try and save the crumbling financial system.The International Monetary Fund (IMF) sent out a warning, telling us that using crypto assets as national currency would be “a step too far.” Personally, I think a step too far is the...

Jul 02 2021

Software Engineer Thinks Ethereum Is Better Currency Than Bitcoin. Is It?

There’s no denying that Ethereum has interesting qualities as an ecosystem. The amount of activity around the protocol alone is proof of that. However, is it a better currency than Bitcoin? This software engineer with a BA in economics thinks that ETH “is more likely to become a global currency than BTC.” He makes the case in 11 tweets, and...

Dec 04 2020

The Many Reasons Why The Dollar Could Soon Put A Damper On Bitcoin Bullishness

Dec 04 2020 Published at Bitcoinist.com under tags  bitcoin btc btcusdt btusd crypto

Bitcoin has just set a new all-time high, is trading just below $20,000, and is more bullish than its ever been as the digital narrative takes hold during the tail end of the pandemic. But as the top cryptocurrency is directly opposed to the dollar, it is especially sensitive to extreme movements in the global reserve currency. The flight to cash caused Black...

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