Goldman Sachs President and COO John Waldron has revealed that the bank is experiencing a rising demand for Bitcoin from its customers.
More DetailsInvestment giant Goldman Sachs has delved into the issue of how Gold and Bitcoin can coexist together as the BTC continues to cement its status as a safe-haven.
More DetailsGoldman Sachs is looking for a new Vice President for its Digital Assets team to helps define and execute the investment firm’s global blockchain strategy.
More DetailsGoldman Sachs strategists say risks to the U.S dollar’s reserve status include increasing pandemic and political uncertainty and rising debt.
More DetailsNew data indicates that institutional clients are increasingly buying Bitcoin via Grayscale Bitcoin Trust despite warning from Goldman Sachs.
More DetailsThe recent announcement that Goldman Sachs would be holding an investor conference call event to further discuss inflation, gold, and Bitcoin had captured the attention of the entire cryptocurrency industry. The investment bank called investors to discuss the “US Economic Outlook & Implications of Current Policies for Inflation, Gold, And Bitcoin”.
More DetailsGoldman Sachs is preparing to host a conference call with its top investors to discuss the impact of the current economic crisis on inflation, gold, and Bitcoin.
More DetailsLeading global investment bank Goldman Sachs is examining options of creating its own cryptocurrency. The bank has appointed Mathew McDermott as the worldwide head of digital assets to spearhead the realization of this dream.
More DetailsGoldman Sachs believes that the risks arising from vaccine trials and the uncertainty of the US election could weaken the dollar. What about Bitcoin?
More DetailsGoldman Sachs believes that stocks will boom over the next 12 months which is not sitting well with Warren Buffett warns the market is an overvalued bubble.
More DetailsGoldman Sachs plans to relaunch its Bitcoin futures trading after pressing pause on it in 2018 due to the crypto price fall experienced that year.
More DetailsGoldman Sachs is expecting the Chinese yuan to fall to its lowest since 2008 in the coming months due to the existing US-China trade war, and now the US potential sanctions on China over its feud over Hong Kong. US President Donald Trump has announced earlier that he will be looking to end preferential treatment for Hong Kong in terms of trade and visa-free travel, due to the new security law for Hong Kong approved by Beijing. The yuan has been forecasted by Goldman Sachs to fall to 7.25 per dollar during the next three months before recovering to 7.15 per dollar over six months, then to 7 per dollar in the next year. As the firm sees the yuan falling to its 2008 low, the potential for Bitcoin to experience an explosive price rally has been raised.
More DetailsGoldman Sachs has said that it will begin offering Bitcoin and crypto investments to its clients within the next three months.
More DetailsGoldman Sachs Group has joined Onyx, an online trading platform based on the Ethereum blockchain created by JPMorgan Chase. It will use the platform to conduct smart contracts and a digital version of the dollar repurchase agreement.
More DetailsDavid Solomon, the Chief Executive Officer of Goldman Sachs, has said he is a big believer in the technology that underpins cryptocurrencies.
More DetailsAmerican investment banking giant, Goldman Sachs, and Barclays invest in global fintech crypto company Elwood Technologies. The company is valued at up to $500 million after the financing, according to the report from Financial Times.
More DetailsGoldman Sachs has partnered with Galax Digital to help the US investment bank offer Bitcoin futures products.
More DetailsGoldman Sachs predicts a substantial increase in blockchain-based asset trading in the next 1-2 years, indicating a transformative shift in financial markets and growing interest in digital assets.
More DetailsPeter Schiff has yet again expressed his disappointment at BTC proponents that has stirred increased Wall Street participation in crypto.
More DetailsGoldman Sachs announced its partnership with Galaxy Digital to once more enable its customers to get greater access to the crypto business.
More DetailsJeff Currie revealed that cryptocurrency is not a substitute for gold, stating that risks associated with cryptos mean that their values are quite different from those of safe-haven assets such as gold.
More DetailsOne River Asset Management has completed a $41 million Series A funding round led by Coinbase Ventures and Goldman Sachs.
More DetailsGoldman Sachs has disclosed that it would introduce over-the-counter (OTC) Ether options trading for its clients, citing increasing demands.
More DetailsBanking giant Goldman Sachs applied for an exchange-traded fund (ETF) with the U.S. Securities and Exchange Commission intended to maximize investment results based on the performance of the Solactive DeFi and Blockchain index.
More DetailsAmerican investment banking giant, Goldman Sachs is notably lobbying FTX Derivatives exchange if the crypto trading platform decides to conduct IPO shortly.
More DetailsbitFlyer, a Tokyo based cryptocurrency exchange reported a loss of $6.9 million after suffering a loss in customers amidst regulatory issues with the financial services agency of Japan. The company is doing all it can to stand strong and successfully survive this downtime.
More DetailsThe House Committee on Oversight and Accountability has intensified scrutiny on SEC Chair Gary Gensler over the SEC's coordination with the EU on legislative matters and a perceived lack of transparency. The discord, highlighted in a letter dated October 12, 2023, follows a pattern of communication deadlock between the SEC and Congress, with implications on broader legislative and regulatory frameworks. The Committee expects more forthright engagement from the SEC by October 19, 2023, threatening compulsory processes for compliance.
More DetailsFormer Goldman Sachs Marcus Head Launches Crypto Investing App with $33 million.
More DetailsAziz McMahon, the managing director of Goldman Sachs' London office, is said to have resigned from his role after earning huge profits from Dogecoin investments.
More DetailsThe Bitcoin price hit its peak of around $20,000 at the end of 2017, but over the last two years it has been trading at around half that value. Along with Bitcoin, other cryptocurrencies that take their cue from the success of the pioneer crypto, have also not achieved anything close to their values at the end of the 2017 ICO rush. But times are changing and according to Alexis Ohanian, co-founder of Reddit and early investor in Coinbase believes the crypto winter is thawing and asserts that we are on the cusp of a ‘crypto spring’.
More DetailsGoldman Sachs has floated a new crypto categorization tool dubbed Datanomy
More DetailsAmerican multinational investment bank, Goldman Sachs Group Inc, has shown interest in buying up embattled crypto lender Celsius Network.
More DetailsNew York-headquartered blockchain security startup, CertiK has finally confirmed it raised $88 million from investors led by Tiger Global, Advent International and other investors.
More DetailsAmerican investment banking and financial institution giant, Goldman Sachs Group Inc has started trading a type of Ethereum-linked derivatives.
More DetailsOut of 172 institutional clients surveyed, leading global investment bank Goldman Sachs found out that 51% of them had crypto exposure.
More DetailsBitcoin has plunged from highs of more than $11K to lows of $10,400, and analysts have looked at US stock markets to explain the cryptocurrency’s price dip.
More DetailsUBS is reportedly planning to offer crypto investment services to its customers.
More DetailsGoldman Sachs announced to offer the first bitcoin-backed lending loan, lenders might make use of the bitcoin they own as cash collateral for this loan.
More DetailsGoldman Sachs has become the major US bank to conduct the first over-the-counter crypto trade.
More DetailsGoldman Sachs Group Inc. voiced concern about cryptocurrency saying investors should not be easily convinced about the narrative that a rise in the adoption of digital currencies will lead to higher prices.
More DetailsTraditional equity swaps have to be continuously updated for multiple variables. These include different interest rates, end-of-day market prices, and corporate actions like stock splits and dividend payments. Financial institutions need to hire many people to verify the process until the swap completion, which in some rare cases, could take months.
More DetailsAs digital assets have become more widely accepted in many economies, Bitcoin is likely to overtake gold in market shares in 2022, Goldman Sachs analyst Zach Pandl said in a research note.
More DetailsPeter Schiff claims that the current rise in bitcoin prices is due to market manipulation.
More DetailsAmid banking crisis fears, investors have poured $286 billion into US money market funds in March, with Goldman Sachs, JPMorgan Chase, and Fidelity among the biggest winners. These funds are offering high liquidity and low risk, making them popular during uncertain times.
More DetailsTwo former Goldman Sachs staff have developed a new DeFi protocol Ondo to enhance how users interact with DeFi products, which has raised $4 million through an equity funding round.
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