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Goldman Sachs Unveils Plan for Independent Digital Asset Platform to Reshape Markets
19.11.2024
Goldman Sachs is planning to spin off its digital assets platform into an independent company, aiming to enable large financial firms to create, trade, and settle instruments via blockchain. Mathew McDermott, Goldman’s global head of digital assets, revealed that the initiative is in early stages...
Goldman Sachs to spin out crypto platform: Report
18.11.2024
The investment bank is speaking to potential partners to add to the platform's capabilities and develop new offerings.
Goldman Sachs to spin out crypto platform: Report
18.11.2024
The investment bank is speaking to potential partners to add to the platform's capabilities and develop new offerings.
Goldman Sachs to spin out crypto platform: Report
18.11.2024
The investment bank is speaking to potential partners to add to the platform's capabilities and develop new offerings.
Goldman Sachs’ Bold Bet: Bank Boosts Its Bitcoin ETF Stake to $710 Million
16.11.2024
The substantial increase in Goldman Sachs’ bitcoin ETF holdings demonstrates the growing interest of institutional investors in bitcoin. Institutional Investments in Bitcoin Keeps Rising The U.S. Securities and Exchange Commission’s (SEC) 13F report for Q3 ending Sept. 30 revealed that...
Bank Clients Just Dipped Their Toes Into Bitcoin ETFs, but Q4 Could See a FOMO Spike
15.11.2024
Wealth management clients of Wall Street banks like Goldman Sachs, Bank of America, Morgan Stanley in the third quarter continued to modestly accumulate (or trade) bitcoin via the spot bitcoin exchange-traded funds
Goldman Sachs holds $710M in Bitcoin ETFs — SEC filing
15.11.2024
Since the second quarter, Goldman Sachs has added $300 million to its portfolio in Bitcoin ETF holdings, increasing exposure by 71%
Ex-Pimco, Millennium execs set up crypto advisory business
11.11.2024
After leaving crypto liquidity firm GSR in 2023, former Millennium and Pimco executives are coming back to crypto by launching a dedicated advisory firm
Crypto Goes Mainstream: Blackrock Boosts North America’s $1.3T Inflows
18.10.2024
Cryptocurrency is increasingly integrated into the mainstream as North America continues to lead the global crypto market, receiving $1.3 trillion in onchain value between July 2023 and June 2024, according to Chainalysis. Institutional giants like Goldman Sachs and Blackrock are now taking serious...
Bitcoin Up 40% YTD, but Gold Wins on Risk-Adjusted Returns
8.10.2024
Bitcoin's year-to-date return to volatility ratio is significantly lower than gold, according to analysis by Goldman Sachs
BItcoin price faltered at $64K again — Here is why
8.10.2024
Bitcoin struggles to overcome the $64,000 resistance as investors choose to invest in stocks and seek shelter in cash options amid socio-political uncertainty.
Goldman Sachs Raises Gold Forecast to $2,900 by 2025
6.10.2024
In early September, analysts from the financial powerhouse Goldman Sachs projected that the price of gold would hit $2,700 per ounce by next year. Fast forward to a month later, and Goldman’s market strategists are now setting their sights even higher, forecasting gold to climb to $2,900 per ounce...
Ex-Coinbase, Goldman Sachs Exec Launches New Crypto Exchange on PayPal Stablecoin
18.9.2024
TrueX, a new cryptocurrency exchange, has been launched that will focus on stablecoin-based trading and settlement. This launch…
Goldman Sachs-backed BitGo introduces USDS rewarding stablecoin
18.9.2024
BitGo’s USDS stablecoin will challenge major issuers like Circle and Tether, aiming to distribute up to 98% of earnings to network supporters
Goldman Sachs-backed BitGo introduces USDS rewarding stablecoin
18.9.2024
BitGo’s USDS stablecoin will challenge major issuers like Circle and Tether, aiming to distribute up to 98% of earnings to network supporters
$2,700 in 2025: Goldman Sachs Has ‘Highest Confidence’ in Gold Amid Market Challenges
4.9.2024
While gold dipped below $2,500 per ounce, Goldman Sachs commodity analysts remain optimistic, suggesting gold could experience a “potential gain of 8%” amid the “current softening cyclical environment.” Goldman market strategists are particularly confident in this precious metal, stating that,...
‘Overly optimistic’ Bitcoin traders washed out as BTC futures turn ‘neutral’
28.8.2024
The Bitcoin futures premium plunged to its lowest levels in 10 months, but traders have refused to turn bearish
Bitcoin Bear Trap? Goldman Says Wednesday's U.S. Jobs Report is Likely to Overstate Weakness
21.8.2024
On Wednesday, the Bureau of Labor statistics will publish a preliminary estimate of the benchmark revision to the level of monthly nonfarm payrolls (jobs report) from April 2023 to March 2024
Bitcoin pinned below $60K — Is BTC consolidating or preparing for more downside?
19.8.2024
Institutional spot Bitcoin ETF outflows and lowered Bitcoin miner profitability could be driving the current price drop
Goldman Sachs lowers US recession risk to 20%, what it means for Bitcoin
19.8.2024
Goldman Sach’s economists said the Federal Reserve could also cut rates next month, and analysts say this could be welcomed by Bitcoin traders