Category: Goldman Sachs
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Tesla’s $1.5B Bitcoin buy throws the cat amongst institutional pigeons
Elon Musk is either the hero or the villian of the year after Tesla’s Bitcoin purchase polarized opinion among institutional investors.
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Coinbase Opts out of IPO Routine, Chooses Popular Direct Listing Route
The San Francisco-based cryptocurrency exchange Coinbase recently announced the company plans to do a direct listing, as opposed to following the initial public offering (IPO) route. The decision means that Coinbase can float its shares on an exchange without hiring a financial institution to underwrite the settlements. Coinbase to Skip IPO Process, Shoots for a…
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Goldman Sachs CEO: Regulators should be ‘hyperventilating’ at Bitcoin’s success
The CEO of Goldman Sachs believes regulators will not be able to monitor the financial system if Bitcoin is allowed to flourish in its present form.
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Demand for Crypto Soars: Bitcoin Funds Break Records, Goldman Sachs Wants In
Investors are increasingly seeking exposure to bitcoin following the recent months-long price rally. Bitcoin exchange-traded products are seeing record trading volumes. Meanwhile, more big banks are reportedly trying to get into the crypto space, including Goldman Sachs. High Demand for Bitcoin and Crypto Products With the price of bitcoin rapidly rising over recent months, more…