Tag Archives: Status

Michael Novogratz Warns China’s Digital Currency Revolution Might Undermine U.S. Reserve Status

Billionaire Michael Novogratz has warned that the United States’ reserve status is likely to be undermined by China’s blockchain and cryptocurrency revolution. In the forewarning, he underscores that China is already ahead in some areas such as fintech, and the United States is merely playing catch-up. Continue reading Michael Novogratz Warns China’s Digital Currency Revolution Might Undermine U.S. Reserve Status

JP Morgan Admits Dollar’s Doomed Reserve Status to Unwittingly Cheer Bitcoin

The US dollar is at risk of losing its status as the world’s dominant currency. That’s according to one strategist at JP Morgan’s private bank who is advising wealthy clients cut their dollar holdings in half. Continue reading JP Morgan Admits Dollar’s Doomed Reserve Status to Unwittingly Cheer Bitcoin

Telecom Giant AT&T Gains First-Mover Status by Accepting Crypto

AT&T announced today that it is accepting crypto payments through Bitpay, which supports a number of major cryptocurrencies. A short press release notes that the integration is complete and users can make payments with Bitpay via the AT&T website or through the mobile app. Continue reading Telecom Giant AT&T Gains First-Mover Status by Accepting Crypto