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Report: Stablecoin Giant Circle Eyes 2024 Public Listing
9.11.2023
According to anonymous sources familiar with the matter, Circle Internet Financial Ltd., the second-largest stablecoin issuer, plans to go public in 2024 via backing from Blackrock, Goldman Sachs, and others. The news follows Circle’s special-purpose acquisition company (SPAC) plans to offer...
Goldman Sachs Analysis: Ethereum’s Path to Scalability
27.10.2023
Ethereum (ETH) ‘s upcoming Dencun upgrade, expected in the first quarter of 2024, will play a crucial role in the blockchain’s journey towards scalability as a settlement layer. In a recent note, Goldman Sachs highlighted the primary impact of the Dencun upgrade, which is increasing...
Ethereum’s Dencun Upgrade Is a Step Toward a Scalable Settlement Layer: Goldman Sachs
27.10.2023
The upgrade will enhance the blockchain’s scalability using rollups, will optimize gas fees and improve the network’s security, the report said
Dollar vs. Bitcoin Clash: Experts Flex Opposing Views; SBF Trial Update — Week in Review
15.10.2023
Berkshire Hathaway’s Charlie Munger says most crypto is going to zero, while a Jefferies analyst says bitcoin is actually set to thrive in the case of a dollar collapse. Meanwhile, American economist Jeffrey Sachs says central bank digital currencies (CBDCs) are the real money of the near...
American Economist Jeffrey Sachs Heralds End of Dollar Hegemony: ‘Central Bank Digital Currencies Will Become the Basis of Payments’
7.10.2023
Jeffrey Sachs, an American economist and best-selling author, has stated that the end of the dollar’s hegemony is near and that central bank digital currencies (CBDCs) will become the basis of cross-border settlements. For Sachs, the abuse of the U.S. dollar as a geopolitical weapon is one...
FBI Indicts Wall Street Banker For Doing Crimes On Xbox 360
29.9.2023
A newly unsealed FBI indictment accuses a former analyst at Goldman Sachs of insider trading, including allegedly using an Xbox to pass tips onto his close friends. The friend group earned over $400,000 in ill-gotten gains as a result, federal prosecutors claim. “There’s no tracing [Xbox...
Google and Microsoft-backed AI firm AlphaSense raises $150M at $2.5B valuation
28.9.2023
AlphaSense’s client list now includes most of the S&P 500 and nearly every firm listed in the Dow 50
Apple and Goldman Sachs Considered Stock-Trading Feature for iPhones Until Market Downturn – Was Crypto Included?
21.9.2023
In the midst of the stock market frenzy that gripped the world in 2020, Apple and Goldman Sachs were quietly collaborating on a groundbreaking investing feature, insiders revealed.
This undisclosed project, aimed at allowing consumers to buy and sell stocks through Apple's ecosystem,...
Apple, Goldman Sachs drop plans for trading app: Report
20.9.2023
Initial plans called for a 2022 rollout, but economic conditions caused the project to be reportedly shelved last year
The Tokenization of Assets is Underway
14.9.2023
Today in Crypto for Advisors, Peter Gaffney from Security Token Advisors provides an overview of the current tokenization landscape, one that’s forecasted to reach $16 Trillion by just 2030
Goldman Sachs dismisses AI bubble, predicts upcoming revolution
14.9.2023
According to Goldman Sachs, the current period is the early phases of a new technology cycle, which is poised to deliver additional strong performance
Borderlands Dev Gearbox Might Be Getting Sold Off Soon
11.9.2023
Gearbox Software, the studio most well-known for the Borderlands franchise, is reportedly up for sale as parent company Embracer Group considers options to “shore up its finances,” according to a September 11 Reuters report.Read more
6 Questions for Kei Oda: From Goldman Sachs to cryptocurrency
11.9.2023
Kei Oda spent 16 years trading bonds for Goldman Sachs — a life that eventually bored him. That was when he turned to cryptocurrency
Consensus Pause: Majority of Economists Predict No Rate Hikes for 2023, With Cuts Delayed Until March 2024
20.8.2023
A newly published Reuters poll reveals that most economists concur: the U.S. Federal Reserve has likely capped its rate hikes. Yet, rate cuts aren’t anticipated until March 2024. This survey drops just as markets approach the annual Jackson Hole Economic Symposium scheduled for next week. All eyes...
Bitgo Secures $100 Million in Series C, Firm’s Valuation Climbs to $1.75 Billion
16.8.2023
The digital asset trust firm Bitgo, headquartered in Palo Alto, California, has secured $100 million in a Series C funding round. While the company remains tight-lipped about the participants in this financial endeavor, this fresh infusion of capital catapults the firm’s post-valuation...
Goldman Sachs Expects Fed to Start Cutting Interest Rates in Q2 Next Year
15.8.2023
Goldman Sachs has predicted that the Federal Reserve will start cutting interest rates in the second quarter of next year. The global investment bank’s economists also expect the Fed officials to forego hiking rates at their upcoming meeting. “We are penciling in 25 basis points of cuts...
Wall Street Divided: Treasury Yields Surge Sparks Intense Debates and Divergent Bets
8.8.2023
In recent weeks, Treasury yields have skyrocketed, igniting a Wall Street dispute over whether the precipitous sell-off is now overextended. A small group of prominent investors are wagering that bond prices will bounce back following the abrupt escalation in rates. Hedge Funds Place Bold Wagers...
AI Investment Could Reach $200B Globally by 2025: Goldman Sachs
3.8.2023
Generative AI has huge economic potential and could boost global labor productivity, the report said
AI boom to beat electricity and PCs, $200B investment by 2025: Goldman Sachs
3.8.2023
Economists from Goldman Sachs predict that AI investment could account for up to 4% of GDP in the United States by 2025
Study: Generative AI Could Add Trillions to Global Economy
31.7.2023
A new report by McKinsey & Company suggests generative artificial intelligence (AI) technologies could boost global economic output by trillions of dollars annually. The study, titled “The Economic Potential of Generative AI” and published June 14, 2023, analyzes the impact AI tools...