Tag Archives: Goldman

For Bitcoin, no ‘Goldman dump’ this yr

Goldman Sachs just isn’t an enormous fan of Bitcoin and cryptocurrencies typically. This was evidenced by its newest report during which the funding big explicitly acknowledged that “Bitcoin (and by extension, cryptocurrencies) just isn’t an asset class.” This, nevertheless, didn’t appear to have a lot of an affect on the fervent followers of Bitcoin. As… Read More »

Crypto Tidbits: Bitcoin Nears $10okay, Goldman Sachs Talks Cryptocurrency, Chinese language Yuan Slumps

One other week, one other spherical of Crypto Tidbits. It’s been a optimistic previous week for the Bitcoin market. After falling as little as $8,600, the flagship crypto mounted a powerful comeback over the previous few days that say BTC hit $9,650. That is the very best value the asset has traded in simply over eight… Read More »

Coinbase Investor and Fundstrat Analyst Clarify Why Goldman Sachs Is Incorrectly Assessing Bitcoin

A leaked slide from a consumer assembly exhibits Goldman Sachs doesn’t consider Bitcoin is an asset class. Coinbase angel investor Seth Ginns and Fundstrat analyst David Grider clarify why Goldman continues to carry this antiquated place. Ginns and Grider joined Cointelegraph’s weekly Crypto Reside Present to convey an investor’s perspective to the same old trader-heavy… Read More »

Goldman Sachs Is Internet hosting A Shopper Name About Bitcoin, Gold and Inflation

Goldman Sachs’ newest shopper convention name will embrace a topic that Wall Avenue has both lengthy derided or shrugged off: Bitcoin. Per an invitation to investors, the funding financial institution is holding a shopper name on “US Financial Outlook & “Implications of Present Insurance policies for Inflation, Gold and Bitcoin.” The convention name, set for… Read More »

Bitcoin Correction Fears Intensify as Goldman Sachs Warns a Chilling Shares Downturn

Bitcoin dangers wiping off its current features as fears of an enormous inventory downturn grows amongst researchers. Each Bitcoin and the US benchmark have proven optimistic correlation since March 2020 sell-off. The features have appeared in opposition to an in any other case grim financial outlook led by the fast-spreading COVID-19 pandemic. Dangers of a… Read More »