Goldman’s Investment To Boost Bitcoin’s Credibility

After releasing a report in March that said the amount of bitcoin trading activity in China has risen, Goldman Sachs is co-leading a USD50 million investment round in bitcoin wallet firm Circle Internet Financial. The investment was what the bitcoin world badly needed to boost its credibility as an online currency and possibly the future… Continue reading Goldman’s Investment To Boost Bitcoin’s Credibility

Bitcoin Trading Activity Surges in China

A report released by Goldman Sachs about the future of money showed that despite tight government restrictions, the amount of bitcoin trading activity in China has risen. The report also underscored the fact that the Chinese yuan is now the highest trading currency for the bitcoin, with 80% of bitcoin volume exchanged into and out… Continue reading Bitcoin Trading Activity Surges in China