Goldman Sachs Clients Have Exposure To Crypto & Ripple XRP SEC Lawsuit Update & Ripple Asia

A Goldman Sachs’ client survey on digital assets shows positive sentiment toward the future of cryptocurrency investing with 40% of the respondents having exposure to cryptocurrencies and 54% predict the price of bitcoin will be between $40,000 and $100,000. Wealth manager Leuthold Group Chief Investment Officer Jim Paulsen told Reuters he is frustrated by not being able to hold bitcoin for his clients. MicroStrategy, a software company that’s been making headlines for its aggressive Bitcoin purchases, has made another $10 million purchase after Thursday’s market uncertainty. Ripple's general counsel Stuart Alderoty tweeted "Today Ripple filed our answer to the SEC's amended complaint. Notably w/ full transparency to the SEC: XRP was listed on 200+ exchanges, billions of $ in XRP were bought/sold monthly, many market makers had daily XRP txns, & 3rd party products (not developed by Ripple) used XRP. We’re looking forward to learning more about the SEC's meetings with major XRP market participants who asked for guidance but were never told that XRP txns would be subject to the federal securities laws." Ripple's Asia expansion unaffected by SEC lawsuit, says CEO Brad Garlinghouse.

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Disclaimer - Thinking Crypto and Tony are not financial or investment experts. You should do your own research on each cryptocurrency and make your own conclusions and decisions for investment. Invest at your own risk, only invest what you are willing to lose. This channel and its videos are just for educational purposes and NOT investment or financial advice.