Bitcoin Price Watch: Currency Shoots Past $9,500

After heavy speculation over the past few days regarding whether bitcoin could break newfound resistance levels, the currency has spiked to approximately $9,561 at press time. This is the highest point for bitcoin since it struck $9,000 in mid-March, and it looks as though $10,000 may be right around the corner. Perhaps the biggest pusher for bitcoin has been Goldman Sachs. The company will soon be opening a bitcoin trading operation, according to New York Times journalist Nathaniel Popper. It is alleged to be the first bitcoin trading platform in cahoots with a Wall Street bank. Goldman executive Rana Yared

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Goldman Sachs Launching Bitcoin Trading Operation Within Weeks

Goldman Sachs Launching Bitcoin Trading Operation Within WeeksGoldman Sachs is reportedly launching a bitcoin trading operation where it will trade bitcoin futures contracts on behalf of clients using its own money, starting as early as the next few weeks. The Wall Street investment firm will also offer its own bitcoin futures product to clients. Also read: Yahoo! Japan Confirms Entrance Into the Crypto […]

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