Tag: Goldman Sachs

Goldman Sachs Still Doesn’t Know What to Make of Bitcoin

Banks and other financial institutions have never been close friends of Bitcoin and other cryptocurrencies. Goldman Sachs is a good example, albeit it seems that the bank has some other problems to deal with as well. This week, the people at Goldman Sachs had an interesting discussion on Bitcoin, inflation, and so forth. Bitcoin is a Security to Goldman Sachs Evidence of what this meeting entailed exactly has now come …
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Goldman Sachs Apparently has a Bitcoin Agenda

Financial institutions such as Goldman Sachs have always condemned Bitcoin and other crypto assets. In 2020 and beyond, they are looking at the new form of money from a completely different perspective. Rumor has it that Goldman Sachs is paying very close attention to Bitcoin. Goldman Sachs Pays Attention to Bitcoin Not to blast it further through mouthpiece Jamie Dimon, but rather as a serious contender. More specifically, there will …
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Coronavirus Crisis can Become a Catalyst for Bitcoin Adoption

The financial repercussions of the coronavirus pandemic is very difficult to predict. Some people expect a major insolvency cascade to take place, eventually forcing people in the direction of Bitcoin and other crypto assets. Various banks and governments are scrambling to keep their economies afloat. Coronavirus may Force People to Embrace Bitcoin That is easier said than done, given the current market conditions. The coronavirus crisis may have major repercussions, …
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Bitcoin Price Watch: Currency Rises to $8,600

Bitcoin is now trading at the $8,600 mark. This is roughly $200 higher than where it stood yesterday afternoon. Could the price be recovering following Mt. Gox’s latest sell-off? Early this week, bitcoin was marred by two major actions. The first stemmed from South Korea, one of the largest bitcoin trading hubs in the world. Financial authorities raided popular cryptocurrency exchange Upbit after executives were alleged to have been illicitly …
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