Tagged: store of value

World’s Largest Asset Manager BlackRock to “Dabble” in Bitcoin, while Some Analysts are Still Comparing BTC Market to Tulip Mania

February 18, 2021 @ 1:05 pm By Omar Faridi |

Bitcoin (BTC), the flagship cryptocurrency, keeps surging to all-time highs. On Wednesday (February 17, 2021), which was just a day after the digital asset surpassed the $50,000 mark, the crypto had again set a new record above $51,000. Bitcoin is trading at around $51,490 at… Read More

Read more in: Blockchain & Digital Assets, Opinion | Tagged anthony scaramucci, bitcoin, Bitcoin Payments, Bitcoin price, blackrock, btc, crypto analysis, institutional investors, jpmorgan, oasis pro markets, store of value

Bitcoin Is a “Speculative” Asset, Facebook led Libra Stablecoin or Payments System may be Useful for Transactions, Former RBI Governor Says

August 21, 2020 @ 7:32 am By Omar Faridi |

Bitcoin (BTC) and the controversial Facebook-led Libra stablecoin or payments project might play a key role in a world where reserve banks are beginning to issue their own digital currencies or CBDCs, according to Raghuram Rajan, former governor at the Reserve Bank of India (RBI)…. Read More

Read more in: Blockchain & Digital Assets, Asia, Global | Tagged bitcoin, btc, cbdcs, central bank digital currencies, digital payments, digital transactions, libra, medium of exchange, payments system, raghuram rajan, rbi, reserve bank of india, store of value