NYSE, Goldman Sachs, and Fortress Remain Invested in Bitcoin
Despite the rocky times that bitcoin has been undergoing in the past months, big financial institutions in Wall Street, namely the NYSE, Goldman Sachs, and Fortress Investment Group continue to believe in the cryptocurrency. These companies have explored bitcoin ventures and have investment in the underlying technology called blockchain. In particular, Fortress is invested in the actual cryptocurrency and in a hedge fund that backs companies that focus on building tools for bitcoin. NYSE is invested in Coinbase, which is a large bitcoin wallet and exchange based in San Francisco.....
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Global investment bank Goldman Sachs is reportedly predicting that the price of ether could rise to $8,000 by year-end. The bank’s analysts explained that cryptocurrencies have traded in line with inflation breakevens since 2019.
Ether Could Reach $8K by Year-End, According to Goldman Sachs
Goldman Sachs has reportedly explained in a research note circulated by the bank’s managing director of Global Markets, Bernhard Rzymelka, that the price of ether (ETH) could hit $8,000 by year-end. The note details that cryptocurrencies have traded in line with inflation....
Global investment bank Goldman Sachs has changed its homepage to feature cryptocurrency, the metaverse, and digitalization. “From cryptocurrencies to the metaverse, explore the megatrends that are reshaping economies,” Goldman Sachs’ landing page now says. Goldman Sachs’ Homepage Now Features Crypto and Metaverse Goldman Sachs has updated its homepage to feature digitalization, including cryptocurrencies and the metaverse. The bank’s landing page now reads: From cryptocurrencies to the metaverse, explore the megatrends that are reshaping economies. Below....