TRADE BITCOIN WITH GOLDMAN SACHS DESK

<p><em>THE first BANK THAT OPENS AT BITCOIN, ETHEREUM TOWARDS THE MAXIMUM OF</em><br />
<em>TWO MONTHS AND THE BITCOIN THAT CAN NOT RECOVER THE $10.000: here all</em><br />
<em>the NEWS OF THE WEEK.</em></p>
<p>GOLDMAN SACHS &amp;amp; BITCOIN TRADING<br />
Goldman Sachs has decided to challenge the risks and inaugurate what appears to be the first<br />
Bitcoin trading operation carried out by a Wall Street bank.<br />
Goldman Sachs will launch a trading desk on Bitcoins. New York Times reported that the company<br />
is preparing to use its funds to sponsor a variety of investment contracts linked to the price of<br />
Bitcoin.<br />
Although it will not buy or sell real Bitcoins initially, the bank is trying to move in this direction if it<br />
will be able to obtain regulatory approval and understand how to deal with the additional risks<br />
associated with holding virtual currency.<br />
The bank has confirmed that will offer its customers a type of contract called ‘non-transferable<br />
forward’ that will be linked to Bitcoin.</p>
<p>BITCOIN WEAKNESS<br />
In the first sessions of May, the price of Bitcoin has returned below the threshold of $9.000 after a<br />
thrilling April. The price initially tried to bring back the coveted $10.000 threshold and then go back<br />
to traveling under the banner of weakness.<br />
No such specific cause has been attributed to this downturn, but it seemed to be only a resurrected<br />
sales interest close to $10.000.<br />
Yet the last performance of the listing was totally opposed to those recorded last month.<br />
In fact, April was the month by which the cryptocurrency was able to recover some of the losses<br />
made at the beginning of the year.<br />
Many traders, however, looked with apprehension at the moves of the &amp;quot;Tokyo whale,&amp;quot; namely<br />
Nobuaki Kobayashi, bankruptcy administrator of Mt. Gox, the Japanese exchange that imposed<br />
the sale of immense quantities of BTC, causing the weakness of the listing. According to what<br />
emerged in the last days, after the $400 million sold until February 2018, the so-called Tokyo whale<br />
would have dumped another $170 million.<br />
The recent statements by Warren Buffett did not even help. During the weekend the oracle of<br />
Omaha has defined the cryptocurrency as &amp;quot;rat poison&amp;quot;. For the experts, however, these words will<br />
not affect so clearly the next trends of the price of Bitcoin.</p>
<p>ETHEREUM AFTER $700<br />
The second cryptocurrency for notoriety and capitalization continues its upward movement started<br />
on the 7 th of April and in the week allowed Eth / Usd listing to leave behind the obstinate static and<br />
psychological resistance at 700 dollars.<br />
At the same time, the recent surge in Eth / Usd has made it possible to violate the short-to-<br />
medium-term trendline out of the top on the 18 th of February. In fact, these evidences corroborate<br />
the reversal of the bearish trend that weighs on the scenario of Ethereum since mid-January.</p>
<p>EUROPE VS CRYPTOCURRENCIES ANONYMITY<br />
Europe has amended the V anti-money laundering directive to combat the anonymity of virtual<br />
currencies.<br />
&amp;quot;Providers of exchange services between virtual currencies and legal currencies&amp;quot; and &amp;quot;digital<br />
portfolio service providers for virtual currencies&amp;quot; will have to apply due diligence and verification<br />
checks to their customers, as required by banks, to end to the anonymity regime associated with<br />
virtual currencies. These platforms and these service providers must be registered in a special<br />
public register.</p>