The US multinational investment bank Goldman Sachs highlighted a scenario in which bitcoin hits the often-touted price milestone of $100,000. To reach that price level, institutional adoption towards the primary …
MoreTag: Goldman Sachs
Goldman Sachs & other Wall Street banks exploring Bitcoin-backed loans
Several top United States banks, including Goldman Sachs, are reportedly exploring using Bitcoin as collateral for offering loans to institutions. Under the plan, the participating banks will not engage in cryptocurrency spot …
MoreFormer Goldman Sachs exec explains why he is bullish on ADA, SOL, and XRP
In a recent interview, former Goldman Sachs executive Raoul Pal talked about why is excited about certain altcoins, and in particular explained why he is bullish on Cardano ($ADA), Solana ($SOL), and …
MoreFormer Goldman Sachs executive Raoul Pal says Ethereum (ETH) is the ‘greatest trade
Former Goldman Sachs executive Raoul Pal has revealed he believes Ethereum is the “greatest trade” setup that he has ever seen as the cryptocurrency’s fundamentals suggest it has a large …
MoreGoldman Sachs files with the SEC to make a ‘DeFi and Blockchain Equity ETF’
Wall Street megabank is planning to create an exchange-traded fund tied to the performance of companies that are working on blockchain technology and the digitization of finance, according to a …
MoreGoldman Sachs: 45% of the ultra-rich are interested in crypto
While the world worries about the fall of Bitcoin prices, billionaires are increasingly enamored with the cryptocurrency. A recent Goldman Sachs study revealed that at least 45% of family offices …
MoreGoldman Sachs: “Ethereum may surpass Bitcoin as store of value, but not gold”
In a note to investors on Tuesday, Goldman Sachs outlined its reasoning behind the claim that Ethereum will eventually become a better store of value than Bitcoin. According to the …
MoreGoldman Sachs to jump on JPMorgan’s repo blockchain to start crypto trading
Goldman Sachs Group Inc. has joined the blockchain-based network created by JPMorgan Chase & Co. for repurchase agreements that use smart contracts and a digitized version of the U.S. dollar. …
MoreGoldman Sachs to start trading Bitcoin futures in partnership with Mike Novogratz’s Galaxy Digital
Banking behemoth Goldman Sachs has started trading CME Group’s Bitcoin futures in partnership with Galaxy Digital, according to a June 18 CNBC report. Mike Novogratz’s cryptocurrency firm will act as the bank’s …
MoreGoldman Sachs plans to offer Ethereum (ETH) futures
It seems Goldman Sachs is not limited to just one Bitcoin in its cryptocurrency offerings. Bloomberg reported that the investment bank plans to offer Ethereum options and futures. Matthew McDermott, …
More