Goldman Sachs
First Mover Americas: Goldman's Crypto OTC Trade Revives Hopes of Institutional Demand, Lido Token Rallies
The latest moves in crypto markets in context for March 22, 2022.
Goldman Sachs Launches First OTC Crypto Trade
Wall Street investment bank Goldman Sachs has conducted its first over-the-counter (OTC) crypto-related trade, a cash-settled bitcoin (BTC) non-deliverable option, with digital asset financial company Galaxy Digital. Watch “The Hash” group discuss the significance of this trade in the broader context of institutional crypto and Galaxy's potential as a liaison between traditional institutions and DeFi products.
Goldman Sachs Conducts First Over-the-Counter Crypto Trade With Galaxy
Michael Novogratz's Galaxy says it's building on the relationship with Goldman as more Wall Street clients seek to push into cryptocurrency trading.
Bitcoin Dominance Rising as Russia-Ukraine War Creates Market Uncertainty
"All About Bitcoin" host Christine Lee presents data from institutional bitcoin broker NYDIG illustrating that bitcoin dominance has risen as high as 44% amid recent market volatility with Russia’s ongoing war in Ukraine. Plus, a look into the yield curve inversion and Goldman Sachs' warning of a recession next year.
Goldman Sachs to Exit Russia Amid War With Ukraine
As Vladimir Putin continues the invasion of Ukraine, Goldman Sachs plans to exit Russia and is the first Wall Street bank to take such actions. “The Hash” examines the impact this will have on everyday Russian consumers as other American businesses like McDonald’s and Coca-Cola also suspend operations in the Russian Federation.
Goldman Sachs Offering ETH Fund to Clients Through Galaxy Digital
The bank is introducing crypto-curious clients to Galaxy’s Institutional Ethereum Fund, SEC documents show.
Crypto Exchange-Traded Products Are Blossoming in Europe
Europe is seeing an increase in the number of issuers launching crypto ETPs as more investors are doing due diligence and want to invest in them.
Coinbase Hires Goldman Veteran to Lead Financial Operations
It’s the latest in a long line of traditional finance executives exiting their positions to join the crypto industry.
Goldman Sachs: Bitcoin, Altcoins to Become More Correlated With Traditional Financial Market Variables
In a report Thursday, Goldman Sachs said mainstream crypto adoption can raise valuations but also raise correlations with other financial market variables, reducing the diversification benefits of holding digital assets. “The Hash” hosts dig into the report, discussing whether bitcoin moves in sync with the traditional markets.
Goldman: Bitcoin, Altcoins to Become More Correlated With Traditional Financial Market Variables
The bank’s analysts said digital assets won’t be immune to macroeconomic forces such as monetary tightening.
