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The Chamber of Digital Commerce will now have diverse opinions that will steer forward crypto regulations and adoption globally.American leading blockchain and digital assets advocacy group Chamber of Digital Commerce has taken a step further by adding key players to its board members. First, the NGO listed former Acting White
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Goldman Sachs added Boeing to its conviction buy list.The airline manufacturer was already in trouble before the pandemic.Order cancellations and changing travel patterns suggest it’s way too early to buy.Goldman Sachs just added Raytheon and Boeing to its conviction buy list because they have a large number of defense contracts—
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The five largest stocks in the S&P 500 could be replaced as market leaders.Goldman used the Rule of 10 criteria to identify 21 stocks that could beat the market.Salesforce, Paypal, and Netflix are among those top stocks.Five mega-cap stocks have led the U.S. stock market rally–Facebook, Amazon, Apple, Microsoft, and
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Goldman believes stocks should outperform bonds over the next 12 months. Stocks overvaluation is concerning. The stock market isn’t factoring in the risk of a double-dip recession. Goldman Sachs is encouraging investors to put less money in the bond market and more into the stock market. The firm says global equities have “rarely
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Goldman Sachs has warned that the U.S. dollar may lose its status as the world’s reserve currency. The investment bank is bullish on gold as fears over governments debasing their fiat currencies grow and real interest rates are pushed to all-time lows.Goldman Sachs’ Dollar and Gold PredictionsAmerican investment bank
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With the questionable plan to reopen Disney World amidst coronavirus scare, Goldman Sachs has given DIS a bullish stock call.Goldman Sachs is bullish on Walt Disney Co (NYSE: DIS) whose stock rose by about 0.30% at the reporting time. Goldman Sachs initiated coverage of DIS stock with a buy rating
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[sociallocker id="55298"] HomeCryptocurrency 101BlogWhy Goldman Sachs is Wrong About Bitcoin Bitcoin is one of the most popular cryptocurrencies out there, and it continues growing each year. The digital currency world has become popular for online transactions and enhanced security. However, some remain skeptical. Goldman Sachs recently held a briefing with investors
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Coming every Sunday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cryptox in one link.Top Stories This WeekGoldman Sachs butts heads with Bloomberg over
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A leaked slide from a client meeting shows Goldman Sachs does not believe Bitcoin is an asset class. Coinbase angel investor Seth Ginns and Fundstrat analyst David Grider explain why Goldman continues to hold this antiquated position.Ginns and Grider joined Cryptox’s weekly Crypto Live Show to bring an investor’s perspective
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Cryptocurrency traders don’t seem to care that Goldman Sachs is such a bitcoin hater. At least, that’s the signal markets are sending. Bitcoin prices have surged since the Wall Street heavyweight’s money-management division declared in a presentation this week that the cryptocurrency is “not a suitable investment for our clients,” merely a beneficiary of
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