Goldman Sachs Is Establishing a Cryptocurrency Trading Desk

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TheMerkle Goldman Sachs Bitcoin TradingIn a sudden change of sentiment, Goldman Sachs has started to entertain the idea of having a Bitcoin strategy. While plenty of exchanges and ETFs have taken steps to get involved in this burgeoning sector, Goldman Sachs is the first major bank to consider opening up a market on Wall Street. A Change in the Institutional Tide Only a few months ago, Goldman Sachs was leery of the cryptocurrency market and its flagship star, Bitcoin. In October, the firm’s CEO, Lloyd Blankfein, tweeted that Goldman Sachs was still undecided on how it should approach the young and volatile assets. Come November, however,

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