Thu, March 28

Goldman Sachs Foresees Major Boost Post Spot Bitcoin ETF Approval

Mathew McDermott, head of digital assets at Goldman Sachs, has highlighted the possible effects on the crypto market of approving spot Bitcoin and ether ETFs. According to McDermott, this change has the potential to greatly increase institutional support for digital currencies. He claims that the market’s liquidity will be improved

December 30, 2023 2 mins read

Goldman Sachs, Microsoft Team Up With Digital Asset To Unveil Blockchain Network

Digital Asset, a renowned leader in blockchain solutions, has made a groundbreaking announcement in collaboration with Goldman Sachs, Microsoft and others with its plans to unveil a cutting-edge privacy-enabled blockchain network explicitly tailored for institutional clients. This highly anticipated development promises to revolutionize blockchain by providing a decentralized infrastructure that

May 9, 2023 1 min read

Goldman Sachs Remains Bullish on Crypto

According to a recent AMA session, former Goldman Sachs executive Raoul Pal predicts that the crypto industry will experience a surge in capital. As liquidity returns to the market, leading to growth from 300 million to what he believes will be one billion users worldwide. Raoul Pal states: “There will

April 25, 2023 2 mins read

Goldman Sachs No Longer Expects Fed’s Interest Rate Hikes

While the global economy buzzed by the sudden collapse of the U.S. second-largest bank, Silicon Valley Bank (SVB), Goldman Sachs analysts predicted that they “no longer expect an interest rate hike” at March 22 meeting. In the past, Goldman Sachs reportedly predicted that Fed’s interest rates would increase by 25

March 13, 2023 2 mins read

Goldman Sachs Reportedly Being Investigated by Federal Reserve

The Federal Reserve, according to the WSJ, has begun looking into Goldman Sachs. The publication claims the investigation is focused on whether or not the bank “ramped up consumer lending” with adequate protections in place. It’s no exaggeration to say that Goldman Sachs Group Inc. is among the world’s most

January 20, 2023 1 min read

Goldman Sachs Plans to Invest $10M in Crypto Firms

Goldman Sachs (GS), one of the world’s leading digital banking platforms, announced plans to invest $10 million to buy or invest in crypto firms whose valuations have been impacted by the demise of the crypto exchange FTX. According to Reuters, Goldman Sachs’ head of digital assets Mathew McDermott stated that

December 6, 2022 1 min read

U.S. SEC Charged Goldman Sachs For Violating ESG Investment

The U.S. Securities and Exchange Commission (SEC) ordered Goldman Sachs Asset Management to pay $4 million on Tuesday. According to a statement from the SEC, the charges were related to policies and procedures failures involving two mutual funds and one separately managed account strategy which is promoted as Environmental, Social,

November 23, 2022 2 mins read

Goldman Sachs Working on Crypto Database For Institutional Clients

MSCI and Coin Metrics are working together on the Datonomy project. Market players will be able to get a sense of the state of the various crypto sectors. Goldman Sachs, a heavyweight on Wall Street, is planning to release an online resource that explains and classifies cryptocurrency for its institutional

November 4, 2022 2 mins read

Goldman Sachs Advice Celsius to File Bankruptcy

Celsius had more than $8 billion lent to clients and $12 billion in assets. All of Celsius’ assets might be bought by Goldman Sachs. The Wall Street firm Goldman Sachs is looking for $2 billion in commitments from investors to purchase distressed assets at significant discounts. According to the source,

June 25, 2022 1 min read

Bitcoin-backed Loan Offered by Global Investment Firm Goldman Sachs

Loans may also be used to make purchases, another frequent use case. The borrower does not have to worry about the tax ramifications. When you put up your bitcoins as collateral to a bank to get money in fiat currency like the US dollar, you’re effectively lending your bitcoins to

April 29, 2022 2 mins read