Tag: currency

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...

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....

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),...

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...

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...

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...