A major bank just backed Bitcoin – can it get its mojo back?

A major bank just backed Bitcoin – can it get its mojo back?

Goldman Sachs will be the first major bank to invest heavily in Bitcoin, giving the cryptocurrency a much-needed shot in the arm. Sachs has secured a partnership with Chinese investment firm, IDG Capital Partners, claims The New York Times. This partnership will lead a $50 million investment into startup Circle Internet Financial which wants to use Bitcoin’s technology to improve consumer payments. The massive hype around Bitcoin in 2013 has

Froome stays third in Romandie

British duo Chris Froome and Simon Yates retained third and fourth place overall at the Tour de Romandie in Switzerland on Thursday as Michael Albasini extended his race lead by sprinting to a second successive win on stage three.