Latest bitcoin Cash News The war is over and we all know bitcoin Cash lost. After 14 days of hard knocks, bitcoin Cash ABC—the main version proposed by Bitcoincash.org, is now half of what it was. While the capitulation drove it to new lows, Craig Steven Wright—whom many accuse of being a professional conman and […]
Bulls Beware: Maximum Pain Scenario Could Push bitcoin’s Price Lower in Coming Days The crypto markets have incurred overwhelmingly bullish price action over the past several weeks that appears to have confirmed many analyst’s belief […]
Business as usual for the players at Goldman. Venezuela’s opposition party is accusing Goldman of ‘aiding and abetting’ the murderous dictatorial regime via the purchase of state oil backed bonds. I suppose the opposition party would like Goldman, and other bankers, to apply an ethical code to their investments. This is naive thinking, especially in a world filled with murderous regimes.
The Wall Street Journal reported yesterday that Goldman had purchased $2.8b worth of bonds for 31 cents on the dollar (~$865m) for state oil company PDVSA, maturing in 2022.
Source: Reuters
“Goldman Sachs’ financial lifeline to the regime will serve to strengthen the brutal repression unleashed against the hundreds of thousands of Venezuelans peacefully protesting for political change in the country,” wrote Julio Borges in a letter to Goldman Sachs President Lloyd Blankfein.
‘Time Traveler’ Millionaire Wants to Open Australia’s First Cryptocurrency Bank While some major banks have refused to go near anything related to virtual currencies, Australia might see its first cryptocurrency bank in the not-too-distant future. […]