The CEO of Wall Street titan Goldman Sachs reportedly says the investment bank is not diving into crypto without regulatory permission. According to Reuters, David Solomon says US regulations need to change before the bank can start holding and trading crypto assets. Says Solomon during an interview at the Reuters NEXT conference in New York, […]
The post Goldman Sachs CEO David Solomon Says Bank Needs Regulations To Change Before Looking at Crypto: Report appeared first on The Daily Hodl.
A dozen Wall Street firms including JPMorgan Chase, Wells Fargo and Bank of America are revealing their 2025 targets for the S&P 500. The financial companies collectively expect the US stock market to reach fresh all-time highs next year amid expectations that a Trump presidency will create a favorable macroeconomic environment for equities, reports Yahoo! […]
The post JPMorgan Chase, Wells Fargo, Bank of America and 9 Wall Street Firms Forecast Record-Breaking Year for US Stock Market in 2025: Report appeared first on The Daily Hodl.
Goldman Sachs is planning to spin off its digital assets platform into an independent company, aiming to enable large financial firms to create, trade, and settle instruments via blockchain. Mathew McDermott, Goldman’s global head of digital assets, revealed that the initiative is in early stages, with a spin-out goal set within 12 to 18 months, […]
The substantial increase in Goldman Sachs’ bitcoin ETF holdings demonstrates the growing interest of institutional investors in bitcoin. Institutional Investments in Bitcoin Keeps Rising The U.S. Securities and Exchange Commission’s (SEC) 13F report for Q3 ending Sept. 30 revealed that Goldman Sachs now owns $710 million in cryptocurrency assets. The 13F report is a mandatory […]
After leaving crypto liquidity firm GSR in 2023, former Millennium and Pimco executives are coming back to crypto by launching a dedicated advisory firm.
Two former executives at major American investment management firms, Millennium Management and Pacific Investment Management Co (Pimco), are reentering the cryptocurrency space amid a major market rally.
Millennium’s ex-portfolio manager Benoit Bosc and Pimco’s former executive vice president Michael Bressler left their posts to set up a new crypto consultancy firm, x2B, Bloomberg reported on Nov. 11.
Expected to launch in November 2024, x2B will advise crypto projects on sectors like fundraising, tokenomics and market-maker strategy, exchange listing and treasury management.
A US regulator has announced a settlement with Goldman Sachs and Apple that will send nearly $20 million to Apple customers. The Consumer Financial Protection Bureau (CFPB) says Goldman Sachs and Apple “illegally mishandled transaction disputes” from Apple Card users – accusing Apple of failing to forward a significant number of reported issues to the […]
The post $19,800,000 To Be Handed To Apple Customers in Settlement With US Regulator and Trillion-Dollar Bank appeared first on The Daily Hodl.
Cryptocurrency is increasingly integrated into the mainstream as North America continues to lead the global crypto market, receiving $1.3 trillion in onchain value between July 2023 and June 2024, according to Chainalysis. Institutional giants like Goldman Sachs and Blackrock are now taking serious positions in the crypto space, with U.S. bitcoin exchange-traded products (ETPs) driving […]
In early September, analysts from the financial powerhouse Goldman Sachs projected that the price of gold would hit $2,700 per ounce by next year. Fast forward to a month later, and Goldman’s market strategists are now setting their sights even higher, forecasting gold to climb to $2,900 per ounce in 2025. Gold Set for Gains: […]
Seven Wall Street giants including JPMorgan Chase and Bank of America believe one asset is primed to rally in the year ahead. The big banks collectively see gold moving to new all-time highs through 2025 amid expectations of more interest rate cuts from the Federal Reserve and more central bank accumulation around the globe, reports […]
The post JPMorgan Chase, Bank of America and Five Wall Street Giants Forecast Relentless Rally for One Asset in 2025: Report appeared first on The Daily Hodl.
TrueX's stablecoin-centric approach could redefine crypto trading stability, potentially attracting institutional investors and enhancing market predictability.
The post Goldman Sachs, Coinbase alumni debut TrueX, a stablecoin-centric crypto exchange appeared first on Crypto Briefing.
