Goldman Sachs offers a highly flawed analysis of Bitcoin: here’s what they missedBTC $9158 (+3.9%) • ETH $207 (+2.8%) • XRP $0.20 (+0.5%)
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Banking giant Goldman Sachs held its highly anticipated client call today, in which the topic of cryptocurrency was floated. Unsurprisingly, they offered a scathing critique of the nascent market, echoing age-old anti-Bitcoin talking points. Their analysis of Bitcoin – and reasoning for why it should not be considered a viable investment – is highly flawed, however, and has even led some industry executives to point out the hypocrisy of some of their claims.
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Three major powers are betting on the long-term potential of cryptocurrencies, digital currencies, and blockchain. Facebook’s digital currency project rebrands to Novi; WhatsApp and fiat-pegged token capabilities remain
Calibra is no more. This on-chain trend hints that a Bitcoin bull run may be just around the corner
Bitcoin’s price action as of late has been rather lackluster, with the benchmark cryptocurrency struggling to garner any decisive momentum following its recent series of rejections at $10,000. Chinese Governor confirms “Digital Yuan” has no timeline, but might feature at the 2022 Beijing Winter Olympics
China’s aggressively pushing for blockchain development and digital currencies, with local sources stating the ongoing coronavirus pandemic may lead to an early release of the country’s ambitious digital currency project. These 4 things pose existential risks to Bitcoin, possibly preventing a rally to trillions
With governments and central banks around the world printing trillions of dollars, proving why the scarcity of Bitcoin is so fundamentally important, many have become extremely bullish on BTC and cryptocurrencies as a whole. Analyst: Ethereum is seriously undervalued right now for these fundamentals reasons
Since the peak of the last Bitcoin bubble in late-2017/early-2018, the vast majority of altcoins have collapsed dramatically from their all-time highs. Featured event
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