Tag Archives: goldman sachs

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Bitcoin has support from one of Wall Street’s biggest players. Recently, financial giant Goldman Sachs issued a new report claiming that BTC is one of the best performing assets of the year thus far, and it has big hopes and plans for the world’s number one digital currency by market cap. Goldman Sachs Is Enthusiastic About BTC Bitcoin experienced its most bearish year in 2022. The asset fell by more than 70 percent from its all-time high of $68,000 per unit (which it...

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Goldman Sachs published a research note on Friday covering blockchain technology and the recent demise of the crypto exchange FTX. The investment banking giant believes regulation is “needed at the point of trust” within the centralized elements of the blockchain industry – rather than on the blockchain itself – to prevent similar instances of widespread fraud in the future.  The Point of Trust Per the company’s report, FTX’s collapse does not represent a failure of the...

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