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Goldman Sachs: Gold Is Becoming Poor Man’s Crypto


Goldman Sachs’ head of energy research says, “Just like we argue that silver is the poor man’s gold, gold is maybe becoming the poor man’s crypto.” He sees funds starting to flow from gold into bitcoin as inflation fears escalate, noting that “We’ve...

Goldman Sachs Predicts Ethereum Could Hit $8,000 This Year


Global investment bank Goldman Sachs is reportedly predicting that the price of ether could rise to $8,000 by year-end. The bank’s analysts explained that cryptocurrencies have traded in line with inflation breakevens since 2019. Ether Could Reach $8K by Year-End, According to Goldman Sachs...

Faze Clan Going Public In Deal That Is Somehow Worth $1 Billion


Fresh off a big crypto scam involving a number of its members only four months ago, Faze Clan announced today that the group is about to become a publicly traded company, meaning fans will soon be able to buy shares. Their initial valuation? Oh, $1 billion.Read more

Wells Fargo Starts Offering Crypto Investments to Clients


Wells Fargo, one of the largest wealth managers in the U.S., has reportedly started offering crypto investments to its wealth management clients. Wells Fargo Offers Crypto Exposure A spokesperson for American financial services company Wells Fargo reportedly confirmed to Business Insider Friday...

Goldman Sachs Files Defi ETF Application


Goldman Sachs, one of the biggest banking institutions in the world, has filed an application to offer an Exchange Traded Fund (ETF) linked to the performance of decentralized finance (defi) companies. The instrument, if approved, would help institutions and retail investors gain exposure to defi...

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