Goldman Sachs Opens Crypto Trading DeskInvestment banking giant Goldman Sachs will be opening a crypto trading desk after being "Inundated" with requests from clients desperate to get their fingers in the crypto pie.
Less Crypto Purchases With Mastercard Credit Card Lead To Drop In Quarterly GrowthMastercard's fourth quarter growth is down by two percentage points, a drop attributed to a decrease in credit card purchases of cryptocurrencies.
Subcommittees of the US House of Representatives will be meeting next week for a hearing on how blockchain tech could help streamline supply chain management as well as prevent the production of counterfeit goods; a major science research marketplace has unveiled plans to track and validate research data on a blockchain platform; Berkeley's city council has voted yes on a pilot program to sell municipal bonds with blockchain tech; and South Korea's central bank is considering blockchain and crypto as possible ways to help it achieve a "Cashless society."
Iran-a country whose central bank banned banks from dealing with crypto a mere two weeks ago-has announced that their "Experimental model" of a domestic cryptocurrency is now ready.
Analysts Quit BlackRock To Form Blockchain Project VC FundAs part of the seemingly endless exodus of Wall Street execs to the crypto sphere, three analysts at BlackRock have quit in order to found a $20 mln venture capital fund, Eterna Capital, which will focus on blockchain projects.
Goldman Sachs Exec Joins Maltese Crypto Fintech StartupYet another Goldman Sachs executive has joined a crypto startup, this time a Malta-based fintech platform for a financial marketplace allowing crypto investors to get instant cash against crypto collateral.
Users will get a cash advance on their Mastercard or Visa credit cards without a bank-like credit check, and can then choose to sell their crypto whenever they feel the price is favorable.
The end of the week has seen the crypto market mostly in the green, with BTC and ETH back over their psychological price points of $9,000 and $700 respectively.
For more info on crypto prices, make sure to read Cointelegraph's market analysis.
Best FeaturesIs EOS Worth The Hype?As altcoin EOS's price has risen this month by around 70 percent, and its market cap is now more than Litecoin and Cardano combined, two crypto thinkers have weighed in as to whether or not EOS is worth "The hype." Managing editor at Crypto Chat Matt Leibowitz thinks it isn't-EOS: Don't Believe The Hype-while Daniel Jeffries takes radically diametric point of view, putting EOS on a pedestal as the Goddess of the Crypto Dawn.Blockchain Could Be The Answer To The US Opioid CrisisIntel and the pharmaceutical industry come up with an innovative way to combat America's rising opioid crisis-blockchain tech.
Ethereum as a Security, ICO Market Reopening in South Korea and Rat Poison: Hodler's Digest, Apr 30-May 6
Published on May 6, 2018
by Cointele | Published on Coinage
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