Goldman Sachs: Begins trading on JPMorgan’s Repo Blockchain After Eyeing it for Six Months
On JPMorgan Chase’s Onyx blockchain network, Goldman Sachs apparently traded digital treasury bonds for JPM Coin. Goldman Sachs has begun trading on JPMorgan Chase’s own blockchain infrastructure for repo markets, which it had been studying for six months. In an interview with Bloomberg, Mathew McDermott, global head of digital assets for Goldman Sachs’ global markets […]
Bitcoin price soars to $33K: Is It Too Early To Call A Bottom?
As Bitcoin’s price plummeted to $29,000, dip buyers swooped in, but analysts warn that the crypto market has been unable to find a bottom due to China’s ban on BTC mining and a lack of buy activity. On June 22, cryptocurrency investors were given no respite when the price of Bitcoin (BTC) plunged below $30,000 […]