Bitcoin is going to be the world’s sixth largest global reserve currency, a new study has found, as blockchain becomes increasingly important to mainstream lenders.
Interviewing 30 leading bitcoin companies, mergers and acquisitions adviser Magister Advisors found that over the next 15 years bitcoin is set to soar in popularity as a reserve currency, a currency held by governments and institutions in large amounts, as part of their foreign exchange reserves.
Today, the US dollar is the most popular reserve
Bitcoin has been having a bullish month, with the price soaring to a 2015 high last week, and trading at $374 today. The cryptocurrency was also boosted by the European Commission’s recent decision to exempt it from VAT, effectively accepting it as a currency.
But the real game changer, the study argues, is likely to be the technology that bitcoin builds upon: the distributed ledger known as the blockchain.
Magister Advisors estimates that the top 100 global financial institutions will invest over $1bn on blockchain-related projects in the next two years. Major banks, including Barclays, and UBS are increasingly experimenting with blockchain to keep up with the developing technology.
Jeremy Millar, a partner at Magister Advisor, said:
"We have now reached a fork in the road with bitcoin and blockchain. Bitcoin has proven itself as an established currency. Blockchain, more fundamentally, will become the default global standard distributed ledger for financial transactions."
Read the full article here
Read the full article here
I have joined your feed and sit up for searching for more of your great post.
ReplyDeleteAdditionally, I have shared your web site in my social networks.
hotmail sign up login
Investment plansPROMO PACKAGE ?? BASIC Invest $70 earn $600 Invest $100 earn $1000 Invest $200 earn $2,000 Invest $300 earn $3,500 Invest $400 earn $4,500 Invest $500 earn $6,000
Delete?? PRO Invest $1,000 earn $15,000 Invest $2,000 earn $25,000 Invest $3,000 earn $35,000 Invest $4,000 earn $45,000 Invest $5,000 earn $60,000 Invest $10,000 earn $100,000.
?? PREMIUM 1BTC earn 5BTC 2BTC earn 10BTC 3BTC earn 16BTC 4BTC earn 22BTC 5BTC earn 30BTC.
ALL RETURNS ARE SCHEDULE, FOR 12 HOURS, UPON CONFIRMATION OF PAYMENTS.
MODE OF PAYMENT. Any, Suitable For Investors, But Terms and Conditions Apply.
??HURRY NOW!!! Refer a Friend or Family member to invest same time, and Receive an instant $50 Reward.
To set up an INVESTMENT PLAN, Contact Admin: totalinvestmentcompany@gmail.com
WhatsApp: +1(929)390-8581
https://www.facebook.com/pg/Total-Investment-221964325813140/about/
https://t.me/totalinvestment
CoinDesk
ReplyDeleteThis is one of the top new sources for bitcoin enthusiasts. In fact, it is the largest bitcoin news media platform in the world. The site is packed with reports and tools that break down the trends and patterns in cryptocurrency. I recommend checking out the reports on the research page.
CoinDesk
ReplyDeleteThis is one of the top new sources for bitcoin enthusiasts. In fact, it is the largest bitcoin news media platform in the world. The site is packed with reports and tools that break down the trends and patterns in cryptocurrency. I recommend checking out the reports on the research page.
CoinDesk
ReplyDeleteThis is one of the top new sources for bitcoin enthusiasts. In fact, it is the largest bitcoin news media platform in the world. The site is packed with reports and tools that break down the trends and patterns in cryptocurrency. I recommend checking out the reports on the research page.
Bitcoinist
ReplyDeletehttp://bitcoinist.com/
Bitcoinist is the prime source for information about Bitcoin, digital currency and blockchain technology. Bitcoinist provides up-to-date news and insightful analysis related to business news and technical price analysis to community events.
CoinDesk
ReplyDeletehttps://www.coindesk.com/
With over 10 million unique visitors, CoinDesk is the leading digital media, events and information service company for the crypto asset and blockchain technology community.
Bitcoinist
ReplyDeletehttp://bitcoinist.com/
Bitcoinist is the prime source for information about Bitcoin, digital currency and blockchain technology. Bitcoinist provides up-to-date news and insightful analysis related to business news and technical price analysis to community events.
This comment has been removed by the author.
ReplyDeleteBitcoinist
ReplyDeletehttp://bitcoinist.com/
Bitcoinist is the prime source for information about Bitcoin, digital currency and blockchain technology. Bitcoinist provides up-to-date news and insightful analysis related to business news and technical price analysis to community events.
Bitcoinist
ReplyDeletehttp://bitcoinist.com/
Bitcoinist is the prime source for information about Bitcoin, digital currency and blockchain technology.
Bitcoinist provides up-to-date news and insightful analysis related to business news and technical price
analysis to community events.
Bitcoinist
ReplyDeletehttp://bitcoinist.com/
Bitcoinist is the prime source for information about Bitcoin, digital currency and blockchain technology. Bitcoinist provides up-to-date news and insightful analysis related to business news and technical price analysis to community events.
An amazing web journal I visit this blog, it's unbelievably wonderful. Oddly, in this blog's content made without a doubt and reasonable. The substance of data is informative.
ReplyDeleteOracle Fusion Financials Online Training
Oracle Fusion HCM Online Training
Oracle Fusion SCM Online Training
Our hire Best Custom Writing writers understand the characteristics of proper writing needed in Custom Paper Writing Services.
ReplyDeleteThank you because you have been willing to share information with us. we will always appreciate all you have done here because I know you are very concerned with our. Bitcoin Revolution App
ReplyDeleteThere has never been a better time in history to invest in cryptocurrency and make extraordinary profits.
ReplyDeleteEven if you missed the first huge Bitcoin run up, you still have the chance to make it big.
While everyone else is busy dumping their coins, these smart investors are taking advantage of the old adage: "Buy low and sell high!"
What if it were that easy to pick the right coin at the right time?
Yesterday, this video went viral.
And for good reason...
Watch it now to see how they're pulling it off:
http://clickmeterlink.com/cryptoinvestors
Students may be searching for Finance Assignment Help Online As well as looking for Finance Research Writing Services .They can get help online for all Finance Essay Writing Services And improve their overall grades.
ReplyDeleteGreat blog post get the best Online bookkeeping services at very reliable prices.
ReplyDeleteVery insightful update, i will also say this here. Bitcoin Investment is one of the best ways to achieve financial freedom. For a beginner there are so many challenges you face. It's hard to know how to get started. Trading the Crypto market has really been a life changer for me. I almost gave up on crypto currency at some point not until saw a recommendation on Elon musk successfully success story and I got a proficient trader Mr Carlos, he gave me all the information required to succeed in trading. I made more profit than I could ever imagine. I'm not here to converse much but to share my testimony; I have made total returns of 1.6BTC from an investment of just 0.6BTC. Thanks to Mr Carlos I'm really grateful especially during the lock down. I have been able to make a great returns trading with one of the best platforms around. I discovered I made more income than what my current job pays. I urge anyone interested in Cryptocurrency to take bold step by giving the Bitcoin market a trial if you really want to make more money. You can reach him on WhatsApp (+14242850682)
ReplyDeleteThanks for sharing
ReplyDelete+ COVID may stop you from coming out but not from growing up and moving ahead with your skills