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Goldman Sachs backs $28M funding round for Blockdaemon
9.6.2021
Goldman Sachs has backed a Series A $28 million funding round for Blockdaemon, and invested $5 million in the blockchain infrastructure firm
Asian hedge fund managers favor growth over Bitcoin: Goldman Sachs survey
8.6.2021
One third of participants see Bitcoin as the least preferable investment asset
Goldman Sachs Survey: Chief Investment Officers Say Bitcoin Is Their Least Favorite Investment
7.6.2021
Investment bank Goldman Sachs recently held two roundtable sessions for chief investment officers of hedge funds. The bank found that they see bitcoin as their least favorite investment. In contrast, the latest Bank of America Fund Manager Survey found that “long bitcoin” was the most...
Goldman Sachs: Bitcoin Is an Alternative Inflation Hedge to Copper, Not Gold
3.6.2021
Goldman Sachs’ head of commodities research says bitcoin is more like copper as a hedge against inflation than gold. He explained that they are both “risk-on” inflation hedges whereas gold is a “risk off” asset. Bitcoin Is More Like Copper Than Gold as Inflation Hedge...
Bitcoin is risky digital 'copper', it’s not gold — Goldman Sachs commodities boss
2.6.2021
Jeff Currie, the global head of commodities research at Goldman Sachs, described Bitcoin as a “risk-on” asset that is similar to copper as a hedge against inflation
Bank of America, Citigroup, Wells Fargo Unveil Their Cryptocurrency Policies
30.5.2021
Bank of America, Citigroup, and Wells Fargo have shared their policies regarding cryptocurrency before the U.S. Senate banking committee. The three banks are in different stages of offering crypto services to their clients. They also lag behind some of their peers, such as Morgan Stanley...
Lack of knowledge is main barrier to crypto adoption, new survey says
27.5.2021
55% of survey respondents said that they were aware of crypto despite never owning or using cryptocurrencies
Mark Cuban Reveals Stake in Ethereum Layer 2 Scaling Solution Polygon
27.5.2021
Famed American entrepreneur and investor Mark Cuban has divulged a strategic investment in Polygon, highlighting his own use and embrace of the protocol’s multi-chain approach to Ethereum. Investment Accompanies Release of the Polygon SDK As major names line up behind Ethereum, notably...
Banks cautious about crypto ahead of COVID-19 testimony before US Senate
26.5.2021
CEOs of major American banking institutions are heading to Washington to face legislators' questions about how they will aid a post-pandemic economic recovery
Mike Novogratz Doubts Dogecoin’s Future — ‘No Institution Is Buying DOGE, Retail Will Lose Interest’
26.5.2021
Galaxy Digital CEO Mike Novogratz doubts the future of dogecoin. The billionaire investor said that “It likely doesn’t have long-term legs because no institution is buying it and at some point, retail will lose interest.” Novogratz Says Dogecoin ‘Doesn’t Have Long-Term...
Goldman Sachs Says FOMO Is Driving Institutional Investors to Bitcoin
26.5.2021
Investment bank Goldman Sachs says institutional investors and asset managers are driven to bitcoin by “fear of missing out” (FOMO). Goldman now considers bitcoin a new asset class. Nonetheless, institutional investors are facing several strong barriers to entry into the crypto market....
JPMorgan, Goldman Sachs Initiate Coverage of Coinbase Stock — up to 60% Price Upside
25.5.2021
Investment banks JPMorgan and Goldman Sachs have initiated coverage of the Coinbase Global stock. JPMorgan gives Coinbase an overweight rating with a 60% upside potential while Goldman Sachs begins with a buy rating. JPMorgan, Goldman Sachs Now Covering Coinbase Stock A couple of major investment...
Goldman Sachs: Bitcoin Is Now Considered an Investable Asset, Clients Are Treating BTC as New Asset Class
24.5.2021
Global investment bank Goldman Sachs now considers bitcoin an investable asset. “Clients and beyond are largely treating it as a new asset class, which is notable — it’s not often that we get to witness the emergence of a new asset class,” said Goldman Sachs’ analyst....
Goldman Sachs exec reportedly quits job after making Dogecoin fortune
12.5.2021
After working at Goldman Sachs for 14 years, a banker reportedly left the firm due to netting massive gains from his Dogecoin holdings
Goldman Sachs Executive Reportedly Resigns After Making Millions Investing in Dogecoin
12.5.2021
A Goldman Sachs executive has reportedly resigned from the investment bank after he made a fortune investing in dogecoin. The meme cryptocurrency is touted by a growing number of celebrities, including the Dogefather Elon Musk and Mark Cuban. Goldman Sachs Executive Quits After Making Millions...
Goldman Executive Quits After Reportedly Making 'Millions' Off Dogecoin
11.5.2021
Aziz McMahon, Managing Director for Emerging Market Sales in the London office of Goldman Sachs, has reportedly quit the investment bank where he worked for more than 14 years after making "millions" from his investment in dogecoin (DOGE).
While neither Goldman Sachs nor have McMahon...
Switzerland’s Largest Bank UBS Mulls Over Cryptocurrency Services
11.5.2021
Swiss investment bank UBS Group is reportedly exploring offering cryptocurrency services to its wealthy clients. UBS joins a growing list of major investment banks that are either already offering or planning to offer crypto investments to their clients, including Morgan Stanley, Goldman Sachs,...
Citi Sees ‘Very Rapid’ Accumulation of Interest in Bitcoin — Contemplates Launching Crypto Services
9.5.2021
Citigroup is reportedly seeing a “very rapid” accumulation of interest in bitcoin across a broad spectrum of clients, including large asset managers. The bank is now considering launching its own crypto services as a growing number of banks are offering bitcoin-related services to their...
Goldman Sachs Formally Establishes Cryptocurrency Trading Team
9.5.2021
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...
Goldman Sachs launches limited BTC derivatives trading desk
7.5.2021
After years of anticipation, Goldman is finally offering institutional partners trading services