Goldman Sachs: Cryptos “Warrant Watching”

FinTech, ICO News, Investing, News, Opinion | August 10, 2017 By:

A bullish Goldman Sachs report on cryptocurrencies issued yesterday said that even skeptics should keep an eye on the crypto sector, as “real dollars are at work here.”

The Q&A from Goldman, authored by Robert Boroujerdi and Jessica Binder Graham, looks at initial coin offerings (ICO), ethereum and the various trading methods for crypto in the US.

The report is the latest from Goldman, which has issued several prescient analysis on cryptocurrency in the last few months. Most notably, chief technician Sheba Jafari has called several moves up and down by bitcoin, including her most current one, which said that legacy bitcoin would top the $3,600 mark.