UK Exchange Coinfloor Brings Aboard Goldman Sachs, Credit Suisse Vet Adam Knight
UK-based cryptocurrency exchange has made a big hire, we're learning via a Financial Times report. We're learning that financial guru Adam Knight will be hopping aboard the company as executive chairman, in addition to have taken a stake in the company via a recent funding. Knight's experience in the financial sector is extensive. According to his LinkedIn page, Knight started as a trader in the commodities group at Goldman Sachs from 1996 through 1999, eventually leaving to join financial services company Kiodex until 2001. He then returned to Goldman Sachs for six years, becoming the....
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UK-based bitcoin exchange Coinfloor has appointed a former managing director from both Goldman Sachs and Credit Suisse as its executive chairman today. The new hiring, Adam Knight, has served as a managing director of the investment banking division of Credit Suisse and as global head of metals within the commodities group at Goldman Sachs. The exchange's co-founder and CEO Mark Lamb said: "We are extremely pleased to welcome Adam Knight as our executive chairman. His experience in growing and managing massive commodities markets and expertise of regulatory compliance, risk and governance....
Global investment bank Goldman Sachs has brought back its bitcoin trading desk and will start handling bitcoin futures next week. The firm is also reportedly exploring the potential for a bitcoin exchange-traded fund (ETF) and plans to provide a crypto custody service. Goldman Sachs Group Inc. has restarted its cryptocurrency trading desk, Reuters reported Monday, citing a person familiar with the matter. Goldman first set up a cryptocurrency desk in 2018, after a bull run as the price of bitcoin was falling from record highs, muting investor interest in the cryptocurrency. The desk....
Coinfloor has revealed plans to launch a bitcoin exchange traded fund (ETF) and accept additional fiat currencies as part of its efforts to expand internationally. Starting immediately, the UK-based bitcoin exchange is allowing customers to make deposits in US dollars, euros and Polish zloty, in addition to the British pound. The company framed the move as a way for it to transition from a UK-only exchange to a global player in the wider market for bitcoin exchanges. Adam Knight, chairman and investor with the exchange, said: "By expanding to dollars, euros and zloty, we are expanding from....
Goldman Sachs has predicted that the price of bitcoin could reach $100,000. The global investment bank believes that bitcoin will continue to take market share away from gold as cryptocurrency adoption grows.
Goldman Sachs’ Bitcoin vs Gold Prediction
Goldman Sachs analyst Zach Pandl, co-head of global foreign exchange strategy, outlined the future outlook for bitcoin in a research note to clients Tuesday.
The Goldman Sachs analyst expects that bitcoin will continue to take market share away from gold in 2022 as cryptocurrencies become more widely adopted. The....
On June 18, Goldman Sachs began trading Bitcoin futures through Mike Novogratz’s Galaxy Digital network, paving the way for banking institutions. Galaxy Digital announced the agreement as part of Goldman Sachs’ crypto investment strategy. Galaxy And Goldman Sachs Shake Hands Goldman Sachs has taken a step further in its efforts to assist hedge funds and […]