Goldman Sachs Archives

Bitcoin News

Goldman Sachs Says Bitcoin Maturing as an Asset But Institutional Money Still Only a Fraction

Prashant Jha January 12, 2021

Goldman Sach, the American banking investment giant sees Bitcoin as a maturing asset that has drawn institutional interest in its present bull run. Jeff Currie, the Global Head of Commodities Research at Goldman Sachs in his recent interview with CNBC said that the rising institutional interest in bitcoin suggests its status as a maturing asset,

Prashant Jha January 12, 2021

Bitcoin News

Goldman Sachs Defies JPMorgan, Says Bitcoin’s Growth No Threat to Gold

Bhushan Akolkar December 18, 2020

There’s been a lot of buzz with the Bitcoin vs Gold debate picking up in the last few months. However, two of the Wall Street banking giants have come at odds on a common opinion. A few days back, JPMorgan strategists said that moving has been moving out of Gold ETFs systematically since October 2020

Bhushan Akolkar December 18, 2020

Bitcoin News

“Not A Viable Investment Rationale” Goldman Sachs On Cryptocurrencies And Bitcoin

Dalmas Ngetich May 28, 2020

Hedge funds may find cryptocurrencies like Bitcoin appealing because of their high volatility but that doesn’t constitute a viable investment rationale. This is what a Goldman Sachs official concluded during a client-facing call on May 27, 2020 effectively dismissing digital currencies as a worthwhile and emerging class that deserves to be considered. Following their conclusion, Bitcoin

Dalmas Ngetich May 28, 2020

Bitcoin News

After Goldman Sachs, a Swiss Securities Firm Invests to Draw Institutional Grade Investors to Bitcoin

Dalmas Ngetich May 28, 2020

The operator of the Swiss securities exchange, the SIX group, is leading a $14 million Series A funding for a 12 percent stake in Omniex, a San Francisco-based provider of trading infrastructure suitable for institutional grade investors. Although this will be the second time the group is announcing their interest in Omniex, this time other

Dalmas Ngetich May 28, 2020

Stablecoin News

Stablecoin News

Tether Founder Shares How Goldman Sachs Shrugged off USDT Back in 2015

Nivesh Rustgi May 28, 2020

Tether founder, Craig Sellars, shares an interesting story of a billion-dollar opportunity missed by Goldman Sachs. In the aftermath of the Goldman Sachs report on Bitcoin and Gold, Crypto Twitter goes gaga over what was intended to be criticism. Leading Bitcoiners slammed their view and the general consensus was that the multi-national bank was attempting to mislead.

Nivesh Rustgi May 28, 2020

Bitcoin News

Bitcoin News

Top Crypto Analysts Slam Goldman Sachs Wild Bitcoin Calls; Price Spikes Past $9,100

Lujan Odera May 28, 2020

The crypto Twitter space is on a ravaging fire, as Goldman Sachs report dismisses Bitcoin’s value as an asset class for investors. The negative attention from the big-four bank, however, has not scared the bulls with the price of BTC/USD soaring into the $9,100 resistance levels in the early hours of New York’s trading desk

Lujan Odera May 28, 2020

Bitcoin News

Breaking: Goldman Sachs Includes Bitcoin Alongside Gold In Client Call

Dalmas Ngetich May 27, 2020

Goldman Sachs may be re-examining their view of Bitcoin and cryptocurrencies. Today, May 27, 2020, the multi-billion dollar Wall Street investment bank will hold a client call with a view of discussing how the current monetary policies affects gold, inflation, and Bitcoin. Although not explicit, this conference call could be an opportunity for the bank’s

Dalmas Ngetich May 27, 2020

Altcoin News

Crypto Markets Still Cannot Be Termed Matured Assets – Former Goldman Sachs CEO

Supriya Saxena November 20, 2019

Former Goldman Sachs Chairman and CEO Lloyd Blankfein believes that while crypto assets will in the future form the basis of the economy, they are yet to mature. The ongoing Global Financial Leadership Conference (GFLC) Florida saw Blankfein expressing his skepticism over crypto assets. Crypto Assets Have A Long Way to Go Undoubtedly, crypto adoption

Supriya Saxena November 20, 2019

Bitcoin News

Bitcoin News

Crypto Analyst: Bitcoin Should Hit $28,000 Within a Year

Dare Shonubi August 18, 2019

Top Stocks and Crypto Analyst, Ronnie Moas, believes that bitcoin is headed for a massive bullish season which could send the price of the cryptocurrency to $28000 at least within the next 6 to 12 months. He has also pointed to the fact that Bitcoin enjoys a higher market valuation than half of the companies

Dare Shonubi August 18, 2019

Blockchain News

Blockchain News

Goldman Sachs CEO Praises Libra, and Says, Assume ‘All Institutions Looking at Blockchain’

Nivesh Rustgi June 28, 2019

David M. Solomon, Chairman, and CEO of Goldman Sachs said in an interview recently that they are going to offer digitized securities on the blockchain. In a meeting with the Board of Directors of the multinational bank, Soloman told the media, Mergers and acquisitions advice remains our key business, but we are a bank, not

Nivesh Rustgi June 28, 2019

Bitcoin News

Bitcoin News

“I Believe in Bitcoin”, says Edith Yeung As She Talks About Rising Institutional Interest

Nivesh Rustgi June 15, 2019

Bitcoin [BTC] witnessed robust growth during the past day as it broke above $8700 resistance. The total market dominance of Bitcoin also increased by about a percent as altcoins adjusted to the growth in Bitcoin [BTC]. The total market capitalization of Bitcoin has added about $10 billion in the past two days. Also Read: Bitcoin [BTC]

Nivesh Rustgi June 15, 2019

Altcoin News

Is Goldman Sachs Really Building Crypto Trading Desk? CEO Response

Tabassum April 12, 2019

No, Wall Street’s biggest firm is not setting up a trading desk. Earlier, reports revealed that Goldman Sachs were building their crypto trading desk but on Wednesday CEO David ‘DJ” Solomon denies the claim and states that the reports were incorrect. Rewinding History When Bitcoin was mounting in Dec 2017, Bloomberg media had published an

Tabassum April 12, 2019

Altcoin News

Altcoin News

Is It #BUIDL That Will Decide Next Amazon of Cryptoworld or Most Cryptocurrencies will die?

Nilesh Maurya February 10, 2019

While all investors are hunting for the coin or token that will multiply their wealth manifold, CZ has come forward asking investors to look into their portfolios and identify the coin whose teams are actually working and progressing on their respective roadmaps. Not everyone will survive this crypto craze say crypto experts Discussing which coins

Nilesh Maurya February 10, 2019

Bitcoin News

Bitcoin News

Bitcoin & Cryptos will see a Sharp Breakout in Coming Years, Goldman Sachs-backed Circle’s CEO

Anjali Tyagi January 24, 2019

While some are calling out for Bitcoin to tank, others like Goldman Sachs-powered Circle are seeing a bright future for Bitcoin and crypto. Crypto is Fundamental to the Future Currently, the crypto space is going through a prolonged bear market after touching the peak in December 2017. The market has seen several attempts by bulls

Anjali Tyagi January 24, 2019

Bitcoin News

Bitcoin could Become the Global Currency amidst the Worldwide Chaos

Anjali Tyagi January 15, 2019

Some like Max Keiser says Bitcoin could be the resistance currency while others like Jack Dorsey says Bitcoin could be the internet currency. With the way the global debt is rising, the stock market is reportedly waiting for a collapse, countries like Russia are planning de-dollarisation, economies like the US and China are having trade

Anjali Tyagi January 15, 2019

Bitcoin News

Bitcoin News

Wall Street Crypto Dreams Hit A Roadblock as Cryptos Stay Far Away from All- Time Highs

Nilesh Maurya December 24, 2018

Wall Street Money is like a holy grail for crypto markets and everyone on the street is waiting for its arrival on the crypto-street. While the wait continues and markets still far away from its all-time highs, it looks like a lot of Wall Street Firms that had announced their crypto plans are either differing

Nilesh Maurya December 24, 2018

Altcoin News

Altcoin News

Goldman Sachs, Morgan Stanley Join CLS’s FX Settlement System Powered by IBM

Tabassum November 29, 2018

With the hype of blockchain, the first global Forex market (FX) enterprise based on blockchain went live today. CLS Group or Continuous Linked Settlement is US financial enterprise that offers settlement services across FX market participants. In July, CLS tied up with IBM for Proof of Concept via CLT platform to precede service on a shared

Tabassum November 29, 2018

Bitcoin News

Bitcoin Trading Volume to get a Boost as Goldman Sachs Onboards Clients & with Bakkt Launch

Casper Brown October 31, 2018

With Goldman Sachs onboarding clients for its bitcoin derivatives products while having no plans to further expand its product offerings and JP Morgan all set to provide clients to and bullish on ICE’s Bakkt, a big movement in bitcoin trading volume can be anticipated. Big Movement Coming for Bitcoin Market According to the latest reports,

Casper Brown October 31, 2018

Bitcoin News

World’s Largest Security Company to Further Boost Institutional Investment by offering Crypto Custody Services

Achal Arya October 19, 2018

The latest name to enter the crypto world is the biggest security company, UK-based G4S that will be offering crypto custody services. This will lower the barrier and further boost the crypto adoption by institutional investors. A vault storage for crypto from world’s largest security firm G4S G4S, a multinational securities company is the newest

Achal Arya October 19, 2018

Bitcoin News

Goldman Sachs and Galaxy Digital Ventures Lay Faith in Bitgo’s Vision of USD 1 Trillion Crypto Wallet

Nilesh Maurya October 18, 2018

There is a certain rise in interest for crypto business among private venture investors as another company associated with cryptocurrencies has received funding. This time it is Bitgo who has received the backing of venture capital giant Goldman Sachs and blockchain investor Galaxy Digital Ventures. Bitgo envisions to develop USD 1 trillion crypto wallet Bitgo,

Nilesh Maurya October 18, 2018