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Goldman Sachs Says Cryptocurrency Is an Alternative to Copper, Not Gold

Goldman Sachs Says Cryptocurrency Is an Alternative to Copper, Not Gold

Jeff Currie revealed that cryptocurrency is not a substitute for gold, stating that risks associated with cryptos mean that their values are quite different from those of safe-haven assets such as gold.

Goldman Sachs Invites Investors to Conference Call on Bitcoin, Gold and Crisis Markets

Goldman Sachs Invites Investors to Conference Call on Bitcoin, Gold and Crisis Markets

Goldman Sachs is preparing to host a conference call with its top investors to discuss the impact of the current economic crisis on inflation, gold, and Bitcoin.

One River Asset Management Closes $41M Funding Round Led by Goldman Sachs

One River Asset Management Closes $41M Funding Round Led by Goldman Sachs

One River Asset Management has completed a $41 million Series A funding round led by Coinbase Ventures and Goldman Sachs.

Goldman Sachs Sets to Offer OTC Ether Options Trading

Goldman Sachs Sets to Offer OTC Ether Options Trading

Goldman Sachs has disclosed that it would introduce over-the-counter (OTC) Ether options trading for its clients, citing increasing demands.

Goldman Sachs Applies for a DeFi and Blockchain ETF to Optimize Investment Results

Goldman Sachs Applies for a DeFi and Blockchain ETF to Optimize Investment Results

Banking giant Goldman Sachs applied for an exchange-traded fund (ETF) with the U.S. Securities and Exchange Commission intended to maximize investment results based on the performance of the Solactive DeFi and Blockchain index.

Goldman Sachs Lobbying FTX Exchange for an IPO Move

Goldman Sachs Lobbying FTX Exchange for an IPO Move

American investment banking giant, Goldman Sachs is notably lobbying FTX Derivatives exchange if the crypto trading platform decides to conduct IPO shortly.

Goldman Sachs Warns Inflation Threatens US Dollar’s Role as Global Reserve Currency

Goldman Sachs Warns Inflation Threatens US Dollar’s Role as Global Reserve Currency

Goldman Sachs strategists say risks to the U.S dollar’s reserve status include increasing pandemic and political uncertainty and rising debt.

Goldman Sachs' Yuan Crash Forecast Could Affect Bitcoin Price, Bull Run Ahead?

Goldman Sachs' Yuan Crash Forecast Could Affect Bitcoin Price, Bull Run Ahead?

Goldman Sachs is expecting the Chinese yuan to fall to its lowest since 2008 in the coming months due to the existing US-China trade war, and now the US potential sanctions on China over its feud over Hong Kong. US President Donald Trump has announced earlier that he will be looking to end preferential treatment for Hong Kong in terms of trade and visa-free travel, due to the new security law for Hong Kong approved by Beijing. The yuan has been forecasted by Goldman Sachs to fall to 7.25 per dollar during the next three months before recovering to 7.15 per dollar over six months, then to 7 per dollar in the next year. As the firm sees the yuan falling to its 2008 low, the potential for Bitcoin to experience an explosive price rally has been raised.

SEC Chair Gensler Faces Congressional Pressure Over EU Coordination and Lack of Transparency

SEC Chair Gensler Faces Congressional Pressure Over EU Coordination and Lack of Transparency

The House Committee on Oversight and Accountability has intensified scrutiny on SEC Chair Gary Gensler over the SEC's coordination with the EU on legislative matters and a perceived lack of transparency. The discord, highlighted in a letter dated October 12, 2023, follows a pattern of communication deadlock between the SEC and Congress, with implications on broader legislative and regulatory frameworks. The Committee expects more forthright engagement from the SEC by October 19, 2023, threatening compulsory processes for compliance.

Former Goldman Sachs Marcus Head Launches Crypto Investing App with $33M

Former Goldman Sachs Marcus Head Launches Crypto Investing App with $33M

Former Goldman Sachs Marcus Head Launches Crypto Investing App with $33 million.

Bitcoin and Gold can Coexist, according to Goldman Sachs

Bitcoin and Gold can Coexist, according to Goldman Sachs

Investment giant Goldman Sachs has delved into the issue of how Gold and Bitcoin can coexist together as the BTC continues to cement its status as a safe-haven.

Goldman Sachs Managing Director Reportedly Resigns After Making Millions from Dogecoin

Goldman Sachs Managing Director Reportedly Resigns After Making Millions from Dogecoin

Aziz McMahon, the managing director of Goldman Sachs' London office, is said to have resigned from his role after earning huge profits from Dogecoin investments.

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