Tag: Goldman sachs

  • Fees
    Bitcoin

    Fake FUD Blamed For Market Slump, One Bitcoin Whale Proves Otherwise

    Last week, after a slow grind up to its most recent peak of roughly $7,400, Bitcoin’s price plummeted over 20% in less than 48 hours. All signs had pointed to a slow, steady recovery for the cryptocurrency market, leaving investors shocked as recent gains evaporated before their eyes....

    Tony Spilotro | September 13, 2018 | 8:30 pm
  • Bitcoin

    Morgan Stanley to Offer Bitcoin Trading, Following Citigroup and Goldman

    $83 billion investment bank Morgan Stanley is following the footsteps of Citigroup and Goldman Sachs, and will soon offer Bitcoin swap trading to its clients. As reported by Alastair Marsh at Bloomberg, the US banking giant has already developed the infrastructure required to offer complex derivatives tied to...

    Joseph Young | September 13, 2018 | 4:03 pm
  • Bitcoin

    Bitcoin Suffers Severe Blow to Legitimacy, but It’s Based on “Fake News”

    Larry Shover, the chief financial officer at SFG Alternatives, has stated that he feels the news circulating yesterday about Goldman Sachs’ shelving of plans to launch their own cryptocurrency trading desk has dealt the leading digital asset’s legitimacy a “severe blow.” The main issue with Shover’s analysis is...

    Rick D. | September 7, 2018 | 6:00 pm
  • goldman sachs tower
    Crypto

    Goldman Sachs Not Ditching Bitcoin Trading Desk, But Market Doesn’t Recover

    Yesterday, news broke that U.S.-based $90 billion multinational investment bank and financial services company powerhouse, Goldman Sachs, was ditching plans to eventually open up a Bitcoin trading desk as was initially reported. However, while speaking at the ongoing TechCrunch Disrupt 2018 conference, Goldman Sachs chief financial officer Marty...

    Tony Spilotro | September 7, 2018 | 7:22 am
  • Bitcoin
    Crypto

    Goldman May Be Out For Now, But Wall Street Still Wants Crypto

    As the crypto market continues establishes new year-to-date lows, some claim that the arrival of institutional investors is the only catalyst that will be able to push prices in a positive direction. And although the climate around institutional interest suffered a slight setback on Wednesday, optimists believe that Wall...

    nickchong | September 6, 2018 | 11:30 am
  • Goldman Sachs
    Bitcoin

    Goldman Sachs Puts Crypto Trading Desk Plans on Hold

    Goldman Sachs, among the largest banks in the U.S., is reportedly ditching its plans to open a Bitcoin trading desk for the near future. Goldman Sacks Plans for Crypto Trading The news comes at a time when the crypto community has been eagerly looking toward Wall Street entities...

    Tony Spilotro | September 5, 2018 | 6:00 pm
  • Industry

    Wall Street Demand For Crypto Rises as Exchange Activity Thrives in Bear Market

    The interest of Wall Street firms towards opportunities in crypto custody and asset management has continued to increase despite the 80 percent correction the market experienced in 2018. Sanford C. Bernstein & Co. analysts refuted recent reports about the struggle of cryptocurrency exchanges and stated that digital asset...

    Joseph Young | August 19, 2018 | 11:13 am

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