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14 August 2020

Goldman Sachs Hosting Bitcoin Call as Institutional Interest in Cryptocurrency Surges | Bitcoin News

Goldman Sachs Hosting Bitcoin Call as Institutional Interest in Cryptocurrency Surges | Bitcoin News


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Goldman Sachs Hosting Bitcoin Call as Institutional Interest in Cryptocurrency Surges.

As interest in cryptocurrency grows among institutional investors, global investment banks, like Goldman Sachs and JPMorgan Chase, are reexamining their views about bitcoin.

Goldman Sachs is hosting a call for its clients to learn about the implications of current policies for bitcoin, gold, and inflation.

New York City-headquartered investment bank Goldman Sachs is hosting a call for clients on May 27 entitled “US Economic Outlook & Implications of Current Policies for Inflation, Gold and Bitcoin.” Goldman Sachs’ Investment Strategy Group, part of the firm’s Consumer and Investment Management Division, has issued a notice inviting clients to the call where they can learn about bitcoin.

Institutional investors have been gaining exposure to bitcoin and several other cryptocurrencies via Grayscale Investments’ products.

Several economists and analysts have predicted that more institutional investors will be investing in cryptocurrency post the covid-19 crisis, such as this Japanese analyst and SEC Commissioner Hester Peirce.

Many people in the cryptocurrency community view Goldman Sachs’ bitcoin call as a bullish move for the industry.

Goldman Sachs has not released the details of what aspect of bitcoin it will discuss during the call, drawing an array of speculation on social media.

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