Bitcoin News / Bitcoin.com - 6 months ago
Goldman Sachs analyst Scott Feiler warns of a bleak outlook for consumers as stagflation looms, with a bearish stance on consumer cyclicals and defensive stocks. Amidst the administration’s troubled Bidenomics, heavily indebted consumers face m...
Bitcoin News / Bitcoin.com - 7 months ago
Goldman Sachs analysts believe that whether the upcoming Bitcoin halving will turn out to be a “buy the rumor, sell the news” event may have less impact on bitcoin’s medium-term outlook. They explained that the bitcoin pr...
Bitcoin News / Google News Bitcoin - 7 months ago
Bitcoin Halving: Goldman Sachs Downplays Impact of 'Buy the Rumor, Sell the News' – Markets and Prices Bitcoin News& & Bitcoin.com News
Bitcoin News / Bitcoin.com - 7 months ago
Goldman Sachs, a leading investment banking institution, has updated its gold price forecast due to the unforeseen strong performance of the metal in 2024. In a note directed to investors, the bank expects gold to reach $2,700 per ounce by year’...
Cryptocoins News / CoinJournal - 7 months ago
BlackRock has updated its Authorized Participants (APs) list amid huge traction for spot Bitcoin ETFs.
Goldman Sachs, Citadel, Citigroup, UBS and ABN AMRO join Jane Street Capital, JP Morgan, Virtu andMacquarie as APs for BlackRock’s IBIT.
Bl...
Bitcoin News / Bitcoin.com - 7 months ago
The chief investment officer of Goldman Sachs’ Wealth Management unit does not see cryptocurrency as an investment asset class. She also believes that bitcoin “creates absolutely no value in any shape or form.” Her perspective differs from that...
Bitcoin News / Bitcoinist - 7 months ago
In a recent interview, Sharmin Mossavar-Rahmani, the chief investment officer of Goldman Sachs Wealth Management, expressed her skepticism towards cryptocurrencies, including Bitcoin (BTC).
Despite the notorious growth in trading volume and institut...
Bitcoin News / Google News Bitcoin - 7 months ago
'We're not believers': Goldman Sachs doubles down on crypto skepticism despite Wall Street embracing Bitcoin ETFs& & Fortune
Bitcoin News / Bitcoin.com - 7 months ago
Many of Goldman Sachs’ largest clients are ramping up their activity in the crypto space following spot bitcoin exchange-traded fund (ETF) approvals and BTC price recovery. “The recent ETF approval has triggered a resurgence of inte...
Bitcoin News / Google News Bitcoin - 7 months ago
Ex-Goldman Sachs Executive Says Imminent ‘Macro Summer’ About To Boost Bitcoin and Altcoins& & The Daily Hodl
Bitcoin News / Google News Bitcoin - 7 months ago
Goldman Sachs Reveals Bitcoin Game-Changer As $300 Billion Price Earthquake Hits Ethereum, XRP And Crypto Market& & Forbes