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‘Not an Asset Class’ Bitcoin Spiked by 100,000,000% Since 2011

Earlier this week, major investment firm Goldman Sachs held a client call where it denounced Bitcoin and other cryptocurrencies as “not an asset class” and blasted its use as an investment vehicle. The investment giant is missing the fact, however, that the asset has provided an unprecedented over 100,000,000% return on investment for those that got in around 2011. дальше »

2020-5-29 18:00


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There’s a Silver Lining to Goldman Sachs’ Scathing Bitcoin Presentation

Despite the recent rally and macro developments boosting Bitcoin, the cryptocurrency came under fire by analysts at Goldman Sachs on Wednesday. In a May 27th client call entitled “Implications of Current Policies for Inflation, Gold, and Bitcoin,” two executives at Goldman Sachs and a Harvard professor deliberated over BTC. дальше »

2020-5-28 13:00


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“Good time for Bitcoiners to stack sats,” Says Blockstream’s Adam Back On Goldman Sachs Crypto Rebuff

Following the public declaration by Goldman Sachs that it does not support its customers to buy Bitcoin, Blockstream CEO Adam Back says this is a “good time to stack sats.” Goldman Sachs had earlier today said during a client-facing call, that cryptocurrencies are not a viable investment option for its clients considering the current industrial […] дальше »

2020-5-28 22:59


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Economists Predict Worst Recession Ever for India Amid Lockdown Extension

Economists have predicted that India will face its worst recession ever as the country announced another nationwide lockdown extension. India’s economy is forecasted to contract 45% in the second quarter following the Rs 20 lakh crore coronavirus relief stimulus package which some economists call “aimless” and a “lost opportunity. дальше »

2020-5-21 10:15