Here’s why Goldman’s approach to Bitcoin is ‘stale’ and ‘hasn’t evolved much.’ 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 Cointelegraph’s weekly […]
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The world’s existing economies are suffering due to the COVID-19 pandemic, which has revealed the main benefits of decentralized tech and crypto. The COVID-19 pandemic has ravaged the economies of countries all around the world and is showing no signs of stopping. The overwhelming response from global governments has been to place their countries under […]
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An MIT startup focused on providing institutions better access to crypto trading technologies, recently secured millions in funding. Floating Point Group, or FPG, a startup delivering institutional crypto traders automation technologies, garnered $2 million of capital from several entities. “It’s becoming clear that sophisticated quantitative traders and platform developers are viewing the cryptocurrency markets as […]
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There are many challenges in traditional lottery systems. Can distributed ledger technology help to solve them? In today’s evolving business world, industry leaders across the globe are turning to blockchain technology to revolutionize their respective industries. Although blockchain is still a relatively new concept, a growing number of companies are now investing in it. Blockchain […]
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Goldman Sachs starkly disagrees with Mike Bloomberg on cryptocurrency as an asset class worthy of investment interest. 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 […]
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Kingdom Trust, a regulated custodian managing over $13 billion in assets, has launched a retirement account supporting both Bitcoin and legacy assets. Kingdom Trust, a South Dakota-based financial custodian that manages more than $13 billion in assets, has launched a retirement account that supports legacy, alternative, and crypto assets. The launch of the account “Choice,” […]
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Bitcoin faces a crucial weekly close, the mystery of coins moved for the first time in 11 years, and Times Square billboards call for the release of Ross Ulbricht. 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 […]
Continue ReadingTyler Winklevoss believes that stablecoins will not truly emerge until Wall Street embraces the DeFi sector. Investor, early crypto adopter, and CEO of Gemini exchange, Tyler Winklevoss, predicted that competition between stablecoins will really begin once Wall Street moves into decentralized finance, or DeFi, during a recent interview with The Defiant’s Camila Russo. However, despite […]
Continue ReadingThe crypto space gained another mainstream performer recently as Coldplay’s bass player has funded a Bitcoin app. Scottish Coldplay bass artist, Guy Berryman, has joined the crypto space, funding a Bitcoin (BTC) exchange application called Zumo. “Covid-19 has fast forwarded the move to a cashless society and for safe and easy ways to invest in […]
Continue ReadingInstitutional interest in Bitcoin is experiencing an unprecedented surge, with GBTC alone swallowing up 17% of newly mined Bitcoins. Both data and first-hand accounts from industry insiders indicates that an interest in Bitcoin (BTC) from institutional investors is accelerating at a rapid pace. This has led some to conclude that the “perfect storm” is about […]
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