How the Cryptocurrency Industry will Benefit from Goldman Sachs’ Entry

  by David Drake   While many big banks have opted to stay away from cryptocurrencies, at least for the time being, Goldman Sachs has been paying keen attention to the industry. Just recently, the bank announced plans to set up a Bitcoin trading desk. If this plan pulls through, the bank will be the first to set up such […]

How the Recent Crash Could Help Stabilize the Cryptocurrency Market

By David Drake Following last week’s price plunge, Bitcoin and other cryptocurrencies are beginning to recover. However, the road to recovery has not been smooth, it’s filled with ups and downs.  Just this past Monday we saw the prices of all crypto coins drop by at least 10% based on CoinMarketCap data. At the time of writing this article, the […]

How India’s Move to Reduce Crypto Trading is Affecting Bitcoin Prices

by David Drake Following last week’s crash, the cryptocurrency market has started to get back on its feet with Bitcoin trading at $11,484 on Sunday 21, after dropping 10% from a high of $12,899 the day before. Reports say this slight drop could have been the result of a move by Indian banks to reduce Bitcoin trading after the government […]