goldman sachs

Goldman Sachs Formally Establishes Cryptocurrency Trading Team

<div class=”featured_image_container”> </div> <strong>Investment bank Goldman Sachs has officially formed a cryptocurrency trading team, according to the firm’s internal memo. Goldman Sachs says it is working to broaden its market presence in the crypto space and is currently selectively onboarding new liquidity providers to help expand its crypto service.</strong> Goldman Sachs Now Has Dedicated Cryptocurrency …

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Reports suggest Goldman Sachs is now offering Bitcoin derivatives

Investment banking giant Goldman Sachs has reportedly opened up futures trading on Bitcoin to Wall Street executives. According to Bloomberg Law, last month the investment firm began offering trading with non-deliverable forwards, a derivative tied to the price of Bitcoin (BTC) — roughly $56,000 at the time of publication — for which investors can get …

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Goldman Sachs Lists 19 ‘Crypto’ Stocks That Crushed S&P 500 Thanks to Bitcoin’s Surge

<div class=”featured_image_container”> </div> <strong>Investment bank Goldman Sachs has compiled a list of 19 large-cap stocks with cryptocurrency exposure that have massively outperformed the S&amp;P 500. “On average, these stocks have dramatically outperformed the S&amp;P 500 during the last several months alongside the surge in the price of bitcoin,” the firm wrote.</strong> 19 Stocks With Crypto …

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European Investment Bank Distributes $121 Million in Ethereum-based Digital Bonds

<div class=”featured_image_container”> </div> <strong>The European Investment Bank (EIB), the investment bank owned by the EU Member States, has announced the issuance of the organization’s first-ever digital bond built on a public blockchain. The bond was issued using Ethereum and the issuance invoked $121 million two-year bonds placed with key market investors.</strong> EIB Issues Digital Bonds …

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Goldman Sachs Doubts Bitcoin as Store of Value Citing Environmental Problems and ‘Lack of Real Use’

<div class=”featured_image_container”> </div> <strong>Global investment bank Goldman Sachs is questioning whether bitcoin can be a long-term store of value and digital gold. The firm’s analysts cited various issues with the cryptocurrency, such as environmental problems, “lack of real use,” and competition from other cryptocurrencies.</strong> Goldman Sachs Sees Problems With Bitcoin as Long-Term Store of Value …

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US President Biden Pushes for More Stimulus, One Million ‘Plus-up’ Payments Go out This Week

<div class=”featured_image_container”> </div> <b>U.S. politicians are talking about stimulus again in order to bolster American jobs and President Joe Biden’s infrastructure plan. At the end of last week, White House press secretary Jen Psaki explained that Biden would meet with bipartisan members of Congress on Monday in order to push his proposal. According to reports, …

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European Investment Bank reportedly to issue bonds with blockchain tech

The European Investment Bank, an international financial institution owned by European Union member states, is reportedly exploring blockchain technology for issuing digital bonds. According to a Tuesday Bloomberg report, the EIB has hired major global banks like Goldman Sachs, Banco Santander and Societe Generale to look at a potential deal involving a euro-denominated bond issued …

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Goldman Sachs Predicts ‘Big Evolution’ Coming to Cryptocurrency Regulation

<div class=”featured_image_container”> </div> <strong>Goldman Sachs CEO David Solomon foresees “big evolution” coming to cryptocurrency regulation as demand for bitcoin from clients continues to rise. He says that Goldman will “continue to find ways to serve our clients as we move forward.”</strong> Crypto Regulation Will Experience ‘Big Evolution,’ Says Goldman Sachs’ Chief David Solomon, the CEO …

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Goldman Sachs to Offer ‘Full Spectrum’ of Bitcoin Investments

<div class=”featured_image_container”> </div> <strong>Goldman Sachs has revealed that it will be offering bitcoin investments to its wealth management clients. The investment bank reportedly plans to offer a “full spectrum” of bitcoin investments, “whether that’s through the physical bitcoin, derivatives or traditional investment vehicles.”</strong> Goldman Sachs to Begin Offering Bitcoin Investments to Wealthy Clients Goldman Sachs …

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More Stimulus Coming? President Biden and Senate Democrats Press for Another $3 Trillion

<div class=”featured_image_container”> </div> <strong>On the heels of the last stimulus package, U.S. President Joe Biden is creating more legislation that may lead to a massive $3 trillion package dedicated to domestic needs and infrastructure. The recent discussions with Biden and Senate Democrats honed in on the political party’s “Build Back Better” campaign. The recent stimulus …

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