Former Hedge Fund Head Mike Novogratz Isn’t Bullish About Latest Bitcoin Price Prediction
“I don’t think it breaks $9,000 this year,” ventured former hedge fund chief and founder of Galaxy Digital, Mike Novogratz, about bitcoin’s price during a…
Tag: Goldman Sachs
Fidelity CEO Teases Crypto Product Announcement By “End of the Year”
Boston, Massachusetts-based, $6.9 trillion asset manager and financial services company, Fidelity Investments, is close to entering the cryptocurrency space, with an announcement from the firm…
Does Crypto Really Need Wall Street?
Wall street banking juggernaut, Goldman Sachs recently announced that it would be shelving plans to set up a cryptocurrency trading desk, indefinitely. The news apparently sent the crypto market…
Hodler’s Digest, September 2-9: Goldman Sachs Says ‘No Thanks’ to Crypto Trading Desk, While India Sends Officials to ‘Crypto College’
Top Stories This Week Business Insider: Goldman Sachs Scraps Crypto Trading Desk Plans Goldman Sachs Group Inc. is halting its plans to open a cryptocurrency trading desk,…
Are crypto whales ramping up manipulation to shut-down the possibility for an ETF approval?
The cryptocurrency markets experienced another dramatic crash yesterday, with almost two weeks’ worth of upside being completely undone within a matter of 12 hours. Just…
Crypto Market in Free Fall- Is it Fundamental, Technical or Something More Sinister?
There is an unprecedented free fall in prices of nearly all major cryptocurrencies in past 24 hours. While there is no specific reason that one…
Investment Bank (RBC) Analyst Still Expecting Crypto Market Cap of $10 Trillion in 10-15 Years
On Wednesday (5 September 2018), Mitch Steves, a research analyst at global investment bank RBC Capital Markets, said in an interview with CNBC’s Fast Money that despite Goldman Sachs’ decision to postpone…
Bitcoin Drops to $6,900 After Mysterious Whale Moves Over $100 Million To Crypto Exchanges
Bitcoin has recently seen its price drop to little over $6,900 after it lost over $400 in only 90 minutes. The flagship cryptocurrency’s plunge notably comes…
Goldman Sachs Drops Plan to Open Bitcoin Trading Desk, for Now
Goldman Sachs has reportedly dropped its plan of opening a bitcoin trading desk, at least in the near future, moving it down the list of…
Goldman Sachs Is Reportedly Weighing a Crypto Custody Service
Having launched bitcoin futures trading in May, Goldman Sachs is now pondering the launch of a cryptocurrency custody service, according to Bloomberg. In a report published Monday,…