Goldman Sachs Analyst: Bitcoin Could Hypothetically Claim 50% of SoV Market in Five Years

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Goldman Sachs analyst and co-head of global foreign exchange strategy Zach Pandl revealed his outlook for Bitcoin (BTC) in a research note distributed to clients on January 4. The analyst asserted that the benchmark cryptocurrency would likely continue to chip away market share from gold (XAU) in 2022 as cryptocurrency gains more widespread adoption. The […]

Are Top Athletes Richer than Top Funds Managers?

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Note: This piece was first published in 2014, so some facts in it are out-of-date. However, the truth it passes across is timeless. “If you understand this way of thinking – that by taking smart risks you can make money over time – it will improve your willingness to take risks.” – Bruce Bower What […]

Goldman Sachs Announces Official Launch of a Cryptocurrency Trading Team

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Goldman Sachs has announced via its internal memo seen on CNBC Friday that it has assembled a cryptocurrency trading team. According to the publication, this would be the first time the behemoth investment bank has confirmed a relation with cryptocurrency trading. The memo, titled “Formation of Cryptocurrency Trading Team,” was composed by Rajesh Venkataramani, a […]