The cryptocurrency has renewed its historical maximum value at around $ 117. At the beginning of the year, it was trading at $ 5.5. Since then, growth has exceeded 1990%. On Thursday, May 6, the Ethereum Classic cryptocurrency hit its all-time high at $ 117. Over the past day, it has risen by 57%. Since…
Goldman Sachs Group Inc. is wading deeper into the $1 trillion Bitcoin market, offering Wall Street investors a way to place big bets. The investment bank has opened up trading with non-deliverable forwards, a derivative tied to Bitcoin’s price that pays out in cash. The firm then protects itself from the digital currency’s famous volatility by buying and…