Fmr Goldman Sachs Exec “Struggles” Not to Sell His Bitcoin For Ethereum
With a 7% increase over the past day and a 53.4% in the monthly chart, Ethereum trades at $2.636,08 and seems to be leading this alt season. Former Goldman Sachs executive, Raoul Pal, has shared data to demonstrate the bullish case is real and ETH’s potential to push into uncharted territory for the rest of […]
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While writing on Tuesday to its clients, Goldman Sachs mentioned Ethereum as the blockchain having the highest recorded real use cases. The firm also suggested that Ethereum may dominate the digital store soon. Goldman Sachs observed that most people now prefer using Ethereum’s smart contracts due to ETH’s increasing popularity. This situation may lead to […]
Global investment bank Goldman Sachs is reportedly predicting that the price of ether could rise to $8,000 by year-end. The bank’s analysts explained that cryptocurrencies have traded in line with inflation breakevens since 2019.
Ether Could Reach $8K by Year-End, According to Goldman Sachs
Goldman Sachs has reportedly explained in a research note circulated by the bank’s managing director of Global Markets, Bernhard Rzymelka, that the price of ether (ETH) could hit $8,000 by year-end. The note details that cryptocurrencies have traded in line with inflation....
Goldman Sachs will be offering its clients access to Ethereum Funds through Galaxy Digital’s Institutional Ethereum Fund. This was reported from the regulatory documents filed with the U.S Securities and Exchange Commission (SEC). The SEC also displayed that it had listed Goldman Sachs as a beneficiary of the charges that are required to be borne […]
Bloomberg reported on Monday that Goldman Sachs has begun trading a sort of derivative linked to Ethereum. Goldman Sachs Launches Derivative Product As a torrent of institutional money entered the market in 2021, the investment bank relaunched its crypto activities, with the core of its services focusing around derivatives tied to cryptocurrencies like bitcoin. Goldman […]
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 […]