Cryptocurrency Analysis and News Portal
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
Read More
[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
Read More
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
Read More
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
Read More
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
Read More
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
Read More
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
Read More
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
Read More
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
Read More
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
Read More