Crypto hodlers may not get richer from mainstream adoption — Goldman Sachs
More demand could just mean bigger correlations to traditional markets, the bank’s researchers say. Go to Source Powered by WPeMatico
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Bitcoin $100K possible by chipping away at gold’s market share: Goldman Sachs
Bitcoin has a good chance to topple $100,000 by taking market share from gold as a store of value, Goldman Sachs analysts predicted. Go to Source Powered by WPeMatico
Goldman Sachs CEO David Solomon Believes Blockchain Is More Important Than Bitcoin
David Solomon, CEO of Goldman Sachs, one of the leading banking institutions in the world, has stated his opinion on the bitcoin vs blockchain dilemma. To Solomon, bitcoin is not as important as the advancements in technology that implementing blockchain and other new ledger-based tools can bring to the traditional finance world. The executive further … Read more
Goldman Sachs Survey Shows Family Offices Are Flocking to Crypto Investments
High net-worth families are turning to cryptocurrency investments, according to a recent Goldman Sachs survey that found close to half of the company’s family office clients are inquisitive about crypto-asset investments. A Goldman Sachs executive further said that a large portion of the company’s family office clients are asking about blockchain and cryptocurrency technologies. Following … Read more
Goldman Sachs reportedly started trading on JPMorgan’s repo blockchain
Goldman Sachs reportedly traded digitized treasury bonds for JPM Coin on JPMorgan Chase’s Onyx blockchain platform. Go to Source Powered by WPeMatico
Goldman Sachs Leverages Crypto Management Firm Galaxy Digital to Swap Bitcoin Futures
Galaxy Digital’s co-president Damien Vanderwilt announced today that his firm has partnered with Goldman Sachs to help provide bitcoin futures products. The partnership marks one of the first occasions where an American multinational investment bank has partnered with a crypto asset service provider. Galaxy Serves as Goldman’s Counterparty for Bitcoin Futures Trading Goldman Sachs is … Read more
Goldman Sachs Formally Establishes Cryptocurrency Trading Team
Investment bank Goldman Sachs has officially formed a cryptocurrency trading team, according to the firm’s internal memo. Goldman Sachs says it is working to broaden its market presence in the crypto space and is currently selectively onboarding new liquidity providers to help expand its crypto service. Goldman Sachs Now Has Dedicated Cryptocurrency Trading Team Goldman … Read more
Exchanges Round-Up: Goldman Considers Crypto Custody, SA Exchange Launches USDT
In recent news pertaining to cryptocurrency exchanges, it has been reported that Goldman Sachs is considering exploring custody and other services pertaining to cryptocurrencies; a South African exchange has introduced Tether pairings in the hopes of driving down the local premium on crypto prices through offering arbitrage opportunities to foreign traders; and Blockex has announced … Read more
