Goldman Sachs Interested In Getting Into Trading With Bitcoin

The American investment bank Goldman Sachs may be interested in getting into trading with Bitcoin. Reason seems to be an ever increasing customer interest. Therefore, Goldman Sachs is currently reviewing how customers' interests can be best served.

If Goldman Sachs, as a leading investment bank and Wall Street bigplayer, enters the Bitcoin trade, this could mean a new era for the entire crypto market. So far, the cryptocurrency market has been deprecated by the majority of the mainstream financial industry as a speculative bubble or too speculative. With the official entry of Goldman Sachs in the crypto-currencies market, they could move from the niche market into the mainstream.

However, it remains to be seen whether Goldman Sachs actually implements his plans. The opinion of the bank was very cautious. Let's just check how and how to offer Bitcoin. In the past, Goldman Sachs had only or already issued price forecasts for Bitcoins. Nevertheless, the news comes a little bit surprisingly after some people from the banking industry have recently expressed a negative attitude towards Bitcoin. In particular, JP-Morgan leader Jamie Dimon's statement that Bitcoin was a big scam and only interesting to criminals and hyperinflationary states had caused great uncertainty in the crypto-currency market and caused a price slide.

Nevertheless, one should be aware and know that large banks such as JPMorgan Chase or Goldman Sachs have already invested in secret and secretly without much media consideration in Bitcoin and other crypto currencies.

The interest of the predominantly institutional investors lies in our opinion mainly in the large returns that crypto currencies have dropped especially in the last two years and not in the true sense and idea of ​​decentralized cryptocurrencies.

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