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“# Bitcoin ‘heavy breakout’ fractal suggests BTC price can hit $250-$350K in 2021 ” Bitcoin (BTC) has the potential to push its prices to between $250,000 and $350,000 by the end of 2021, a long-standing fractal suggests. First spotted by pseudonymous analyst Bit Harington, the bullish setup drew its inspirations from Bitcoin’s secular bull runs…
“#Goldman Sachs mandates COVID vaccine to enter US offices” Goldman Sachs will require all employees to be vaccinated by Sept. 7, or will forbid them from working in the office, according to a memo obtained by The Post. The move comes after CEO David Solomon called all workers back to the office by June, saying…
“#How companies exploit ‘woke values’ to pursue profit and power” In my favorite episode of “South Park,” two sleazy salesmen sell shoddy condos in the glitzy ski town of “Asspen” to the lower middle-class residents of South Park. Their pitch is intoxicatingly simple: “Try saying it. ‘I’ve got a nice little place in Asspen.’ Rolls…
“#Jefferies Financial Group raises first-year banker pay to $110K” Investment bank Jefferies Financial Group has markedly boosted salaries for its bankers, a source close to the matter said on Monday, mirroring a pay-scale trend by other Wall Street lenders. The bank’s first-year analysts in the United States will now earn $110,000 annually, up from $85,000….
“#Goldman Sachs lowers China growth estimates as Delta variant spreads” Here we go again. That’s the warning coming out of Goldman Sachs Group about China as the continued spread of the Delta variant threatens to slow the country’s economic growth yet again. China has been locking down much of the country as the virus spreads…
“# Circle plans to become a full-reserve national digital currency bank ” Goldman Sachs-backed digital payment company Circle has officially disclosed plans to become a full-reserve national digital currency bank in the United States. Announcing the news on Monday, Circle co-founder and CEO Jeremy Allaire noted that Circle is willing to operate under the supervision…
“# JPMorgan now offers clients access to six crypto funds … but only if they ask ” JPMorgan Chase quietly opened up access to six crypto funds over the past three weeks as it looks to offer crypto exposure to a variety of clients. In the latest move, the bank’s private clients will now have…
“#Indoor mask mandates could wreck NYC’s post-Labor Day recovery, group warns” A new indoor-mask mandate proposed by the CDC would undercut efforts to draw employees back to offices after Labor Day — a crucial step needed to prop up the struggling commercial real estate market and to protect the city’s economy, according to an influential…
“#Morgan Stanley hikes starting pay for junior bankers to $100K” Morgan Stanley said it will start paying six-figure base salaries to its entry-level bankers as a rush of post-pandemic deals and short staffing have spurred crushing workloads. The Wall Street behemoth announced the $15,000 raise on Wednesday: First year analysts in investment banking and capital…
“# Goldman Sach’s new ‘DeFi’ ETF is anything but ” The proposed fund, dubbed the Goldman Sachs Innovate DeFi and Blockchain Equity ETF, strives to track the Decentralized Finance and Blockchain Index from German financial indices provider, Solactive. The fund will invest at least 80% of its assets into securities, stocks, and depository receipts featured…