Goldman Sachs adds Bitcoin asset class after reasoning out ‘Bitcoin is not an asset class’ last year

Cryptocurrencies and the underlying blockchain technology are gaining high level of acceptance among more mainstream institutions and investors. As institutional investment on cryptos rise rapidly, significant pressure is building on Wall Street Banks to accept Bitcoin (BTC) as a legitimate asset class.…

Goldman Sachs CEO Slams Crypto Currency Cynics

CEO of investment giants Goldman Sachs, Lloyd Blankfein, has hit out at cryptocurrency cynics who believe that cryptocurrency is just a fad. Lloyd voiced his opinion at the economic club of New York conference. Lloyd has long held that cryptocurrency…

The Irony: Goldman Sachs is Coming on Board with the Bitcoin Trading Operation A Decade After the 2008 Financial Crisis

It is interesting to note that one of the primary reasons Bitcoin started was due to the financial crisis of 2008. The downfall of Lehman Brothers in September 2008 followed by the huge bailouts using taxpayers’ money has completely highlighted…