Goldman Sachs

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Goldman Sachs Delays Bitcoin Trading Desk Plans in Favor of Derivatives

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Financial institutions around the world are scrambling to launch Bitcoin trading services. It will be interesting to see who wins this race, although Goldman Sachs may be the first firm to cross the finish line. Their current plan is to launch derivatives trading rather than actually trade Bitcoin. It seems to make a lot of sense at this … Read more

Bitcoin Price Watch: Currency Shoots Past $9,500

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After heavy speculation over the past few days regarding whether bitcoin could break newfound resistance levels, the currency has spiked to approximately $9,561 at press time. This is the highest point for bitcoin since it struck $9,000 in mid-March, and it looks as though $10,000 may be right around the corner. Perhaps the biggest pusher … Read more

Goldman Sachs Launching Bitcoin Trading Operation Within Weeks

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Goldman Sachs is reportedly launching a bitcoin trading operation where it will trade bitcoin futures contracts on behalf of clients using its own money, starting as early as the next few weeks. The Wall Street investment firm will also offer its own bitcoin futures product to clients. Also read: Yahoo! Japan Confirms Entrance Into the Crypto … Read more