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Bitcoin Halving: Goldman Sachs Downplays Impact of ‘Buy the Rumor, Sell the News’

Bitcoin Halving: Goldman Sachs Downplays Impact of ‘Buy the Rumor, Sell the News’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 price performance will likely continue to be driven by the supply-demand dynamic and continued demand for spot bitcoin exchange-traded […]

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Goldman Sachs Raises Gold Price Forecast to $2,700, Acknowledges Rise Not Caused by Usual Macro Factors

Goldman Sachs Raises Gold Price Forecast to ,700, Acknowledges Rise Not Caused by Usual Macro FactorsGoldman 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’s end, pushed by non-traditional factors. Goldman Sachs Updates Gold Price Outlook to $2,700 per […]

Nigeria launches first multilingual large language model in Africa

Goldman Sachs Wealth Management CIO: Crypto Is Not an Investment Asset Class

Goldman Sachs Wealth Management CIO: Crypto Is Not an Investment Asset ClassThe 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 of some other Goldman Sachs executives regarding bitcoin and cryptocurrencies. ‘We Do Not Think It Is an […]

Nigeria launches first multilingual large language model in Africa

Goldman Sachs CIO of Wealth Management Says Crypto Facilitates Crime and Is Not an Investment Class

Goldman Sachs CIO of Wealth Management Says Crypto Facilitates Crime and Is Not an Investment Class

The chief investment officer of Goldman Sachs Wealth Management reportedly thinks that investing in crypto is nothing more than a means of speculation. According to The Wall Street Journal, Sharmin Mossavar-Rahmani does not consider crypto as an investment class because it is nearly impossible to accurately value cryptocurrencies and these digital assets do not produce […]

The post Goldman Sachs CIO of Wealth Management Says Crypto Facilitates Crime and Is Not an Investment Class appeared first on The Daily Hodl.

Nigeria launches first multilingual large language model in Africa

Goldman Sachs Says ‘Many of Our Largest Clients’ Getting Active in Crypto

Goldman Sachs Says ‘Many of Our Largest Clients’ Getting Active in CryptoMany 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 interest and activities from our clients,” said Goldman Sachs’ Asia Pacific head of digital assets. Goldman Sachs’ Clients Getting Active […]

Nigeria launches first multilingual large language model in Africa

Goldman Sachs Clients Now Active in Crypto or Exploring the Space Following BTC ETF Approval: Report

Goldman Sachs Clients Now Active in Crypto or Exploring the Space Following BTC ETF Approval: Report

Goldman Sachs’ clients are reportedly jumping into crypto-related trades following the launch of Bitcoin (BTC) exchange-traded funds (ETFs). Max Minton, Goldman’s head of digital assets in Asia, tells Bloomberg that the banking giant’s clients are investing in crypto derivatives for multiple purposes. “The recent ETF approval has triggered a resurgence of interest and activities from […]

The post Goldman Sachs Clients Now Active in Crypto or Exploring the Space Following BTC ETF Approval: Report appeared first on The Daily Hodl.

Nigeria launches first multilingual large language model in Africa

Goldman Sachs Analyst Says Retail Traders Driving Current Crypto Rally Amid ‘Big Sea Change’: Report

Goldman Sachs Analyst Says Retail Traders Driving Current Crypto Rally Amid ‘Big Sea Change’: Report

Retail traders have so far been in the driver’s seat of the current Bitcoin (BTC) and crypto bull markets, according to a Goldman Sachs executive. Matthew McDermott, the investment banking giant’s global head of digital assets, says institutions have just started to get in on the action, Reuters reports. Goldman Sachs first launched a crypto […]

The post Goldman Sachs Analyst Says Retail Traders Driving Current Crypto Rally Amid ‘Big Sea Change’: Report appeared first on The Daily Hodl.

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Goldman Sachs Sees More Institutions Diving Into Crypto — Says Bitcoin ETFs Prompt a ‘Psychological Shift’

Goldman Sachs Sees More Institutions Diving Into Crypto — Says Bitcoin ETFs Prompt a ‘Psychological Shift’Goldman Sachs is seeing more institutions diving into crypto, the global investment bank’s head of digital assets has revealed, noting that until now the bitcoin price action has been driven primarily by retail investors. “But it’s the institutions that we’ve started to see come in,” he stressed, adding that the appetite has “transformed.” Bitcoin ETFs […]

Nigeria launches first multilingual large language model in Africa