AIER Researchers: Bitcoin’s Price Moves with News

Researchers at the American Institute for Economic Research (AIER) teamed with Missouri University to examine whether the price of bitcoin is being manipulated by a few traders. Conspiracy theories abound, and new accusations arise regularly. A first in a series of papers on the world’s most popular cryptocurrency, the present project attempts to show a … Read more

Trading Tip `The Wall´ – Wall Street Price Manipulation? Go Long

Trading is arrogant, be it on Wall Street or across crypto exchanges. In order to trade rather than hodl, you must fundamentally believe you’re smarter, more disciplined or better informed than the other half of the market. Time will tell. But as long as you’re trading, we’ve established that you’re at least more arrogant than … Read more

Goldman Sachs CEO: ‘Bitcoin Trading Desk Rumors Are Not True’

According to multiple reports back in October and December of last year, it was said that the financial institution Goldman Sachs had plans to create a bitcoin trading desk. Now a month later, Lloyd Blankfein, the CEO of the firm, says the reports are “not true” speaking at the World Economic Forum in Davos this … Read more

Sweden’s Giant Bank Nordea Allegedly Forbids Employees from Owning or Trading Cryptocurrency

A giant Northern European bank, Nordea, has allegedly enacted a company policy which forbids its employees from owning or trading in bitcoin or other cryptocurrencies. The bank’s current executive team have a long history of on-the-record skepticism toward bitcoin. Also read: Banks in India Block Crypto Accounts Nordea Bank Allegedly Forbids Employees from Owning Crypto … Read more

Goldman Sachs Recognizes Bitcoin’s Future Potential

First, Jamie Dimon of JP Morgan Chase says he regrets calling bitcoin a fraud. Now, legacy bank Goldman Sachs is formally recognizing how cryptocurrencies such as bitcoin could act as global money. 2018 might be shaping up to be the year bitcoin gets more mainstream than ever. Also read: Huge Bitcoin Conference Stops Accepting Bitcoin … Read more

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