The world’s largest digital currency is on fire – this is the latest milestone

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Your Morning Bullets Brief Updates are here! And that means trivia is, too.

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The world's largest digital currency is on fire - this is the latest milestone

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Yesterday the world’s largest digital currency hit yet another milestone as it continues to skyrocket. The market value of bitcoin (determined by multiplying the price and the total supply) surpassed $1 trillion.

To put that into perspective, Apple’s value comes in at around $2 trillion, while Tesla is ranked around $700 billion.

As of Friday afternoon, you could purchase a single coin for just shy of $54,000, pointing to an approximately 350% gain in six months alone.

“[This currency] has started to get so big that it arguably creates its own demand as companies and institutions begin to make forays into a field they wouldn’t have touched a few months previously,” said a research strategist for Deutsche Bank. “Ironically it is turning itself into a credible asset class to many by rallying so much of late and also by getting increasing institutional buy-in.”

Still, not everyone is on board.

Ken Griffin, the CEO of Citadel, said he doesn’t “spend much time thinking about cryptocurrencies.”

“I don’t see the economic underpinning,” he said.

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Dr. Fauci: This is the updated vaccine timeline you need to be aware of

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You may be wondering when you’ll finally be able to get the virus vaccine and the resulting semblance of normalcy.

If you’re a non-essential worker and don’t have any pre-existing conditions, there are three big milestones you’ll want to pay attention to, Dr. Anthony Fauci said.

First of all, younger people will have to wait until they are eligible to actually receive the shots, meaning once the priority groups are vaccinated.

According to Fauci, this milestone won’t be reached until May or June.

Then, the shots are up for grabs for “anybody and everybody.”

The next big benchmark to focus on is supply. The United States likely won’t “have all 600 million doses that we contracted for to vaccinate 300 million people,” until July, Fauci said.

What’s the last big goalpost that needs to be reached in order to ensure everyone who wants a vaccine can get one?

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Fedrick Frost

Fedrick Frost

News Reporter for Morning Bullets, Writes on Politics, Economy, Business & More. Intrested in sharing news With Fredrick? Click Here

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