Tag: Goldman Sachs

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Goldman Sachs Switches Course, Puts Bitcoin Trading Desk on Hold

Goldman Sachs is reportedly putting a hold on its plans to open a Bitcoin trading desk, instead focusing on a custody crypto product for...

Wall Street Banks Eye Custody as Perfect Entry Point into the Cryptocurrency Market

While Wall Street Bank chiefs like Jamie Dimon might appear to be critics of the emerging asset class, their firms are reportedly examining ways...

Barclay’s Bank Can’t Seem to Make Up Its Mind on Crypto Trading

Barclays has reportedly created its own staff to explore the possibility of crypto trading, but the bank denies that it has any such plans. Bank...

Goldman Sachs Jumps Back on the Bandwagon, Considers Custody Offering for Crypto Funds

In yet another about-face, financial services giant Goldman Sachs is considering offering custody services for crypto funds. The news comes less than a week...

Bitcoin Hits $8,000 After Two Months of Lows, Reasons Behind Rise

Bitcoin price hit more than $8,000 during early morning trading today, making it the highest figure reached since May. Bitcoin Price Rallies to $8,000 Figures from...

Bitcoin Price Surges Past $7,000; The Whole Market Reacts

Bitcoin price surged past $7,000 in less than five minutes July 17th, breaching its 50-day moving average. At the time of writing, all top...

Goldman Sachs CEO: Bitcoin ‘Not for Me’

In a somewhat surprising interview, Goldman Sachs CEO Lloyd Blankfein said that while Bitcoin was "not for me," he did say that he could...

Circle CEO Claims All Fiat Currency Will Become Cryptocurrencies

The CEO of fintech firm Circle has said that all global fiat currencies will eventually become cryptocurrencies, arguing that it "seems inevitable." Circle Wants to...

Goldman Sachs Inches Closer to Launching a Bitcoin Trading Desk

Goldman Sachs is looking to enter the cryptocurrency world. It is evident the financial firm wants to embrace Bitcoin in some official capacity. Setting...

Goldman Sachs-Backed Circle Increases Minimum Bitcoin Trades to $500,000

Goldman Sachs-backed Circle had doubled its minimum bitcoin trade size to $500,000 despite a drop in currency values across the market. Jeremy Allaire, CEO of...

Goldman Sachs: Most Cryptocurrencies Could End Up Hitting Zero

Goldman Sachs Group Inc.'s global head of investment research has made a daunting projection regarding cryptocurrencies: the recent downturn in market value could get...

Goldman Sachs Feels Some Cryptocurrencies Will Eventually Become Real Money

The financial sector has always had mixed opinions on Bitcoin. Goldman Sachs is a fine example of how quickly those opinions can change.After dismissing...