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...
Read More »Goldman Sachs Withdraws from Bank-Branded Credit Card Vision
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Read More »Wall Street Giants Eyeing Crypto Now More than Ever
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Read More »Stripe Considers Public Offering, Taps Goldman Sachs & JPMorgan for Advice
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Read More »Big Banks Unveil Payment Wallet to Rival Apple Pay & PayPal
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Read More »Paytm Shares Decline Following Alibaba Affiliate’s Alleged Sale of Stake Worth $125M
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Read More »Goldman Sachs Economists Predict UK 2023 Recession Could Rival That of Russia
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Read More »Goldman Sachs Explains How to Regulate Crypto After FTX
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...
Read More »Celsius Network Secures Approval for Extension of Its Exclusive Period
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Read More »France and Luxembourg Partner on Venus Initiative to Use CBDC in Settling Bond
In the latest announcement on France and Luxembourg collaborating on the Venus project, it was revealed that both institutions are proposing cross-border settlements.The Central Bank of France and the central bank of Luxembourg have partnered to roll out the “Venus Initiative”, which allows them to use an experiential CBDC for a 100 million euros bond. Worth $104 million, the bond is the latest means employed in a series of trials in tokenized financial markets. Apart from France and...
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