Cryptocoins News / The Cointelegraph - 3 years ago
After being critical of cryptocurrencies, the Wall Street investment bank officially embraced Bitcoin earlier this year. It’s now expanding its offerings to include Ether....
Cryptocoins News / CoinJournal - 3 years ago
The investment bank appears to have done a U-turn on crypto with its backing of the blockchain infrastructure platform.
Blockchain infrastructure platform Blockdaemon announced yesterday the close of a Series A funding round in which it had raised $2...
Cryptocoins News / The Cointelegraph - 3 years ago
Goldman Sachs has backed a Series A $28 million funding round for Blockdaemon, and invested $5 million in the blockchain infrastructure firm. Goldman Sachs has bac...
Cryptocoins News / The Cointelegraph - 3 years ago
One-third of participants see Bitcoin as the least preferable investment asset. Earlier this week, a Bank of America survey found that American hedge fund managers fav...
Bitcoin News / Bitcoin.com - 3 years ago
Investment bank Goldman Sachs recently held two roundtable sessions for chief investment officers of hedge funds. The bank found that they see bitcoin as their least favorite investment. In contrast, the latest Bank of America Fund Manager Survey fou...
Bitcoin News / Bitcoin.com - 3 years ago
Goldman Sachs’ head of commodities research says bitcoin is more like copper as a hedge against inflation than gold. He explained that they are both “risk-on” inflation hedges whereas gold is a “risk off” asset.
Bitcoin...
Cryptocoins News / The Cointelegraph - 3 years ago
Jeff Currie, the global head of commodities research at Goldman Sachs, described Bitcoin as a “risk-on” asset that is similar to copper as a hedge against inflation....
Bitcoin News / Bitcoin.com - 3 years ago
Investment bank Goldman Sachs says institutional investors and asset managers are driven to bitcoin by “fear of missing out” (FOMO). Goldman now considers bitcoin a new asset class. Nonetheless, institutional investors are facing several...
Bitcoin News / Bitcoin.com - 3 years ago
Investment banks JPMorgan and Goldman Sachs have initiated coverage of the Coinbase Global stock. JPMorgan gives Coinbase an overweight rating with a 60% upside potential while Goldman Sachs begins with a buy rating.
JPMorgan, Goldman Sachs Now Cover...
Bitcoin News / Bitcoin.com - 3 years ago
Global investment bank Goldman Sachs now considers bitcoin an investable asset. “Clients and beyond are largely treating it as a new asset class, which is notable — it’s not often that we get to witness the emergence of a new asset...
Cryptocoins News / CoinJournal - 3 years ago
A forthcoming report from the investment bank shows that cryptos have performed strongly this year compared with traditional assets.
Goldman Sachs hasn’t always been onboard with crypto. Last year it concluded cryptocurrencies weren’t an...
Cryptocoins News / NewsBTC - 3 years ago
According to The Telegraph, a senior Goldman Sachs executive has quit the firm after making millions from Dogecoin. Aziz McMahon, the Head of Emerging Market Sales, resigned after 14 years with the investment bank.
It’s reported McMahon has ope...
Cryptocoins News / The Cointelegraph - 3 years ago
After working at Goldman Sachs for 14 years, a banker reportedly left the firm due to netting massive gains from their Dogecoin holdings. A senior manager at banking g...