Goldman Sachs CFO: Recent Reports About Crypto Trading Desk Are ‘Fake News’
Goldman Sachs CFO Martin Chavez said that recent reports of the firm’s crypto trading desk plans are “fake news” Go to Source Powered by WPeMatico
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EOS Price Watch: Currency Falls Alongside Rest of Crypto Market
At press time, the sixth-largest cryptocurrency by market cap is trading for about $5.07. Overall, EOS seems to be down by roughly 15 percent over the last 24 hours, making it one of the largest single-day losses over the past week. The currency presently has a market cap of about $4.55 billion and a daily … Read more
South Korea Post Service Seeks Crypto ‘Know-How’ From Goldman Sachs
President of Korea’s national post service reveals it will get crypto “know-how” from Goldman Sachs Go to Source Powered by WPeMatico
Digital Wealth Management Firm Apex Clearing to Launch Crypto Investment Subsidiary
The end of 2018 should see Apex Clearing offer clients cryptocurrency access Go to Source Powered by WPeMatico
Business Insider: Goldman Sachs Drops Plans to Open Crypto Trading Desk
Despite earlier rumours, Goldman Sachs has reportedly paused its plans to open a digital currency trading desk, focusing on a crypto custody product instead Go to Source Powered by WPeMatico
Goldman Sachs Out: No Crypto Trading Desk, Markets Fall
Investment bank Goldman Sachs is ditching its plans to open a cryptocurrency trading desk, reports detail. It was only early last month when rumors circulated that the legacy financial institution was even doubling down on their digital asset fever. That appears not to be the case anymore, and markets are not taking the news well. … Read more
Goldman Sachs Leads $32 Million Funding Round for Enterprise Blockchain Startup Axon
Enterprise-focused blockchain startup Axoni has raised $32 million in a funding round led by Goldman Sachs, joined by JPMorgan, Wells Fargo, Citigroup and others Go to Source Powered by WPeMatico
Why a Respected Analyst Believes Institutional Investors Will Not Commit to Crypto in 2018
Gabor Gurbacs, the director of digital assets at VanEck, recently said it remains uncertain whether institutional investors will commit to crypto in 2018, due to the regulatory burden on the asset class. Price Isn’t Reacting to Positive News Since early August, the cryptocurrency sector has seen some of the most positive developments in the industry’s … Read more
Barclays Denies Crypto Products as Staff Removes ‘Digital Asset Project’ LinkedIn Info
Media attention sees Barclays appear to cover up crypto involvement, as two employees delete information from LinkedIn about a digital assets project at the bank Go to Source Powered by WPeMatico
Bitcoin Price Watch: Currency Shrinks Back to Less Comfy Spot
At press time, the price of everyone’s favorite cryptocurrency has shrunk back to $6,900. This is about $100 less than where it stood yesterday. Bitcoin was trading for about $6,900 on Saturday, though it shot back up to the $7,000 range yesterday afternoon. It appears the bear run isn’t quite over yet, as bitcoin is … Read more