The end of 2018 should see Apex Clearing offer clients cryptocurrency access
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Digital Wealth Management Firm Apex Clearing to Launch Crypto Investment Subsidiary
Category: Wall Street
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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. […]
The post Goldman Sachs Out: No Crypto Trading Desk, Markets Fall appeared first on Bitcoin News.
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Square’s Big Week: Crypto Patent, Shares Leap and Lightning Plug
Smartphone app payments company Square has had a pretty big week. It was revealed the company is further dipping its toes in the cryptosphere through a granted payments patent, and it’s causing quite a stir. Wall Street analysts have deemed the company a golden goose, thereby helping its stock price jump by 6%, and it’s […]
The post Square’s Big Week: Crypto Patent, Shares Leap and Lightning Plug appeared first on Bitcoin News.
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Fundstrat’s Tom Lee: ‘Correlation’ Between BTC and Emerging Markets Is Sign of Upcoming Trend Reversal
Fundstrat’s Head of Research Tom Lee points out a “correlation” between Bitcoin and emerging markets as a sign of upcoming downtrend reversal on both of them
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Analysts: Crypto Trading Revenue Could More Than Double in 2018
A new report from analysts Sanford C. Bernstein & Co. claims that revenue generated by cryptocurrency exchanges could more than double to hit $4 billion in 2018
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BCG Report Offers ‘Reality Check’ for Blockchain in Commodities Trading
Major U.S. consulting firm BCG has released an in-depth report, which it dubs a “reality check” for the use of blockchain in the commodity trading industry
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‘Soft’ Crypto ETF Alternative Now Geared Towards U.S. Investors, Says Bloomberg
A Bitcoin-based exchange traded note (ETN) listed on the Nasdaq Stockholm exchange is now being quoted in dollars, targeting U.S. investors, Bloomberg reports
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Notes From the Brink: Reasons Behind the Crypto Bear Market
Cointelegraph delves into the potential reasons why the crypto market stumbled this week, despite growing adoption from big financial names worldwide
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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
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‘Game Over’: Wall Street Analyst Says Bitcoin Must Not Breech Year-To-Date Support
If Bitcoin trades lower this year than at the same time last year, it’s “game over,” says Wall Street
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