Cryptocurrency Analysis and News Portal
Crypto traders aren’t taking advice from Goldman Sachs — with Bitcoin up by more than 8% since the investment bank slammed BTC in an investors call. Bitcoin has increased from the $8,800 mark to $9530, with the $10,000 barrier in sightAccording to crypto derivatives tracker Skew.com, the price rise has
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Jill Carlson, a CryptoX columnist, is co-founder of the Open Money Initiative, a non-profit research organization working to guarantee the right to a free and open financial system. She is also an investor in early-stage startups with Slow Ventures. When I worked at Goldman Sachs, one of the running jokes among
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According to a leaked PowerPoint slide, Goldman Sachs, in a May 27 call discussing the U.S. economic outlook, stated that cryptocurrencies are not an asset class. The wording of the slide appears to discourage its clients from investing in the up and coming technology-based asset. This stands in stark contrast
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As interest in cryptocurrency grows among institutional investors, global investment banks, like Goldman Sachs and JPMorgan Chase, are reexamining their views about bitcoin. Goldman Sachs is hosting a call for its clients to learn about the implications of current policies for bitcoin, gold, and inflation.Goldman Sachs’ Bitcoin Call for
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Goldman Sachs will host a conference call on May 27 titled US Economic Outlook & Implications of Current Policies for Inflation, Gold, and Bitcoin.On May 23, Mike Dundas, the founder of crypto media outlet The Block, posted a screenshot of the invitation for the call, revealing that the event will
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Since the lows that were in March, both Bitcoin and stocks across the world have mounted an objectively impressive comeback. The cryptocurrency managed to gain 100% from its $3,700 bottom last week, and stocks saw a rapid rally of 25% — with a portion of this rally being the most
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An apocalyptic account of Goldman Sachs ‘investee call’ went viral on social media faster than the coronavirus — and now the investment bank wants to set the record straight.The story snowballed after first being reported in a Reddit post on March 15. It has since been shared countless times
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The Dow Jones and Nasdaq Composite both formally entered corrections Thursday morning. Goldman Sachs predicts that the S&P 500 will also enter a correction in the imminent future. Goldman Sachs also predicts 0% earnings growth in 2020 for U.S. firms, as well as possible declines. The U.S. stock market
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Analysts at Goldman Sachs believe the market may be underestimating the impact of coronavirus on corporate earnings and economic growth. The novel disease has infected nearly 76,000 people, killing 2,130 in the process. Some scientists believe the actual infection rate is much higher. U.S. stocks closed at record highs
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Financial service powerhouse Goldman Sachs Group Inc. lost another one of its top brass on February 5 after two other executives expressed departure plans several days prior.Goldman Sachs partner Rana Yared plans to exit her position at Goldman Sachs for a VC outfit, a source told Bloomberg for a
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