Global currency – DIGIT INFO

Morgan Stanley: US Dollar Has No Credible Challengers; Reserve Currency Status to Endure

DIGIT — Sat, 20 Apr 2024 06:32:15 +0000

The U.S. dollar is likely to remain the world’s dominant reserve currency due to the absence of credible challengers. Morgan Stanley suggests that the Chinese yuan, often considered a potential rival to the U.S. dollar, currently falls short and is unlikely to dethrone the greenback. Reserve Managers to Grapple With U.S. Dollar According to the […]

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Microstrategy’s Bitcoin Holdings Reach 140,000 BTC After Acquiring 1,045 More Bitcoins

DIGIT — Wed, 05 Apr 2023 21:30:36 +0000

Nine days after publicly listed company Microstrategy purchased 6,455 bitcoins, the firm’s CEO, Michael Saylor, announced the purchase of an additional 1,045 bitcoins. The business intelligence (BI) company now holds a total of 140,000 bitcoins, worth $3.97 billion. Microstrategy Buys Another Batch of Bitcoins Microstrategy has begun acquiring bitcoin (BTC) again, after purchasing 6,455 bitcoins […]

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Famed Economist Doubts Bitcoin Will Become Global Currency

DIGIT — Thu, 18 Nov 2021 02:30:38 +0000

Mohamed El-Erian, chief economic advisor at financial services company Allianz, says that bitcoin is not going to be a global currency and will not replace the U.S. dollar. However, he believes the cryptocurrency will always exist in the ecosystem and will not be regulated out of existence. Bitcoin Won’t Become Global Currency Rivalling US Dollar, […]

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American Home Warranty Company to Accept Crypto Payments, Plans to Add BTC to Investment Portfolio

DIGIT — Thu, 11 Mar 2021 00:30:09 +0000

Following in the footsteps of Tesla, the home warranty company American Residential Warranty (ARW) says it will accept cryptocurrency payments for its services. In addition, the company also plans to acquire and hold bitcoin as part of its strategy “to expand its investment portfolio and boost returns on cash.” In his statement following the announcement, […]

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Facebook Is a Threat to Governments Not Crypto

DIGIT — Thu, 20 Jun 2019 14:20:54 +0000

The moment Facebook released the whitepaper for its planned Libra coin, social media was flooded with claims about Zuckerberg’s new drive to take over the cryptocurrency market, with some even calling it a Bitcoin killer. However, looking at the actual details of the plan, it has little to do with cryptocurrency and is in fact […]

The post Facebook Is a Threat to Governments Not Crypto appeared first on Bitcoin News.

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A Global Digital Currency Is Just a Dream, Will Never Happen: Payoneer CEO

DIGIT — Mon, 31 Dec 2018 15:26:00 +0000

Most of us in the crypto community foresee a future in which the world will predominantly use digital peer-to-peer currency. However, this is a dream that will never come to pass according to Scott Gallit. Gallit, the CEO of digital payment services company Payoneer, believes that noble as the idea is, the powers that be […]

The post A Global Digital Currency Is Just a Dream, Will Never Happen: Payoneer CEO appeared first on NullTX.

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