Archive | Goldman Sachs

Goldman Sachs CEO: ‘Bitcoin Trading Desk Rumors Are Not True’

According to multiple reports back in October and December of last year, it was said that the financial institution Goldman Sachs had plans to create a bitcoin trading desk. Now a month later, Lloyd Blankfein, the CEO of the firm, says the reports are “not true” speaking at the World Economic Forum in Davos this […]

Goldman Sachs Warns High-Profile Clients of Crypto Bubble

In a lengthy document to their highest profile clients, the Goldman Sachs Private Wealth Management division has warned about the danger of investing in cryptocurrency. For the banking giant, the rise in Bitcoin and other digital currencies during 2017 is a sure signal that the entire space is in an economic bubble. Typically for crypto […]

Goldman Sachs to Launch a Bitcoin Trading Desk by June

According to a report by Bloomberg, Goldman Sachs are planning to set up a trading desk dealing for digital currencies. Three unnamed sources provided details to the publication about the proposal. Apparently, the bank is hoping to have the platform up and running by summer 2018 at the latest, with efforts being made to ensure […]

Dan Morehead on Crypto: Dan Morehead on Crypto: “We’re in the First Innings of a Multi-Decade Thing”

Respected hedge fund strategist-turned cryptocurrency investor, Dan Morehead, has come out with some incredibly bullish sentiments about Bitcoin. He believes that in the long-term, today’s sub $20,000 price point for a single Bitcoin will seem like a bargain. He told CNBC: “For the big blockchains like Bitcoin, Ethereum and Ripple, we’re in the first innings […]