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Why You Should and Shouldn't Care About Goldman Sachs' Report on Bitcoin


Investment banking giant Goldman Sachs is being criticised for their division's poor research on Bitcoin (BTC). But it could be argued that the larger reason why the Cryptoverse should care about their latest presentation is that the bank is spreading misinformation to potential BTC investors...

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...

Largest US Banks Expect Billions in Loan Losses, Profits Plunge


Several of the largest U.S. banks have set aside billions of dollars in reserves as they expect massive losses from loan defaults, sending their profits nosediving. Wells Fargo’s first-quarter earnings fell a whopping 90% while JPMorgan Chase’s profit dropped 70%. Bank of America...

Citigroup and Goldman Sachs Swap Equity On Blockchain + More News


Crypto Briefs is your daily, bite-sized digest of cryptocurrency and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. Adoption news U.S.-based banking giants Citigroup and Goldman Sachs conducted the first equity swap on a new blockchain built using...

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