Some of the world’s biggest banks are joining forces to launch a U.S. dollar-backed stablecoin in the first half of 2027, taking a collective leap into a market that has largely been dominated by crypto companies. … [Read more...] about Goldman Sachs, BofA and 19 banks join forces to launch stablecoin in 2027
Goldman Sachs: customer demand for bitcoin is increasing
Cryptocurrency popularity spurred by pandemic will continue to grow in the future, assures Goldman's President … [Read more...] about Goldman Sachs: customer demand for bitcoin is increasing
Goldman Sachs to launch bitcoin derivatives
Goldman Sachs is closing down on issuing its own bitcoin derivatives. It has already started signing up clients … [Read more...] about Goldman Sachs to launch bitcoin derivatives
Crypto news in brief (October 22, 2018): BMGF, BitGo, Visa, Ethereum hard fork, Armenia
- The Bill & Melinda Gates Foundation has partnered with blockchain startup Coil - Ethereum's next hard fork, dubbed Constantinople, will be postponed until early 2019 - Visa is preparing to launch its blockchain-based digital identity system for cross-border payments - Goldman Sachs and Galaxy Digital Ventures have invested $15 million in crypto custody service BitGo - … [Read more...] about Crypto news in brief (October 22, 2018): BMGF, BitGo, Visa, Ethereum hard fork, Armenia
Crypto news in brief (September 29, 2018): China, Austria, Goldman Sachs, Veem, Baidu, AT&T, SEBA, Porsche, FedEx
- Chinese bank used blockchain to issue $1.3bln in mortgage-backed securities - Austrian government to issue bonds worth $1.35bln via Ethereum - Goldman Sachs is leading a $25-milllion financing round of Veem, a blockchain-based payment startup - Baidu releases a white paper (v1.0.) of Super Chain blockchain - AT&T introduces a blockchain platform for corporate use - … [Read more...] about Crypto news in brief (September 29, 2018): China, Austria, Goldman Sachs, Veem, Baidu, AT&T, SEBA, Porsche, FedEx
Crypto news in brief (September 6, 2018): Goldman Sachs, Iran, ShapeShift, crypto ATM, ETH futures
- Goldman Sachs is putting on hold plans to open a desk to trade cryptocurrencies - Crypto mining has been accepted as an industry by Iran’s major authorities - ShapeShift introduced a membership program - The crypto ATM market is expected to grow from $16.3 million in 2018 to $144.5 million by 2023 - Cboe is looking to launch ETH futures … [Read more...] about Crypto news in brief (September 6, 2018): Goldman Sachs, Iran, ShapeShift, crypto ATM, ETH futures
Crypto news in brief (March 6, 2018): General Electric, BiTA, Kakao, Chilean CNE, Circle, Poloniex
GE Transportation joined Blockchain in Transport Alliance (BiTA). Kakao considers establishing a blockchain subsidiary and conducting an ICO. Chilean energy regulator will implement blockchain technology in the national energy grid. Fintech startup Circle acquired cryptocurrency exchange Poloniex. … [Read more...] about Crypto news in brief (March 6, 2018): General Electric, BiTA, Kakao, Chilean CNE, Circle, Poloniex
Goldman Sachs forecasts devaluation of most cryptocurrencies
Most cryptocurrencies will eventually hit the bottom, according to Steve Strongin, Goldman Sachs’ global head of investment research. In the future there will remain only a small number of new cryptocurrencies, he said in a report published on February 5, 2018 and cited by Bloomberg. … [Read more...] about Goldman Sachs forecasts devaluation of most cryptocurrencies