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Goldman Sachs CEO: Fed Unlikely to Cut Rates Before September

Bitcoin.com
Goldman Sachs CEO: Fed Unlikely to Cut Rates Before September
bitcoin.com
Goldman Sachs CEO: Fed Unlikely to Cut Rates Before SeptemberGoldman Sachs CEO David Solomon expects the Federal Reserve to delay any emergency rate cuts until at least September despite weak job data, believing the U.S. economy will avoid a recession. Speaking on “The David Rubenstein Show,” Solomon indicated that while investors had anticipated potential rate cuts before the September meeting due to global market […]
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Lightchain Presale Skyrockets, Setting New Standards as the Next Ethereum Contender

Lightchain Presale Skyrockets, Setting New Standards as the Next Ethereum Contender

Goldman Sachs Raises US Recession Risk to 25%

Bitcoin.com
Goldman Sachs Raises US Recession Risk to 25%
bitcoin.com
Goldman Sachs Raises US Recession Risk to 25%Global investment bank Goldman Sachs has increased the likelihood of a U.S. recession within the next year to 25% from the previous 15%, although they maintain that the risk remains limited. Despite the recent rise in unemployment to its highest in nearly three years and a significant slowdown in hiring, Goldman economists, led by Jan […]
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Lightchain Presale Skyrockets, Setting New Standards as the Next Ethereum Contender

Lightchain Presale Skyrockets, Setting New Standards as the Next Ethereum Contender

Blockchain and Nation-State Infrastructure: Why Bother?

Bitcoin.com
Blockchain and Nation-State Infrastructure: Why Bother?
bitcoin.com
Blockchain and Nation-State Infrastructure: Why Bother?We listen to talk after talk about crypto finally achieving asset-class legitimacy, but truly speaking, the encroachment of Wall Street giants into the blockchain space is a double-edged sword. The following is an opinion editorial written by Karel Kubat, Founder of Union Labs. As blockchain enthusiasts, we’ve long championed decentralization, transparency, and democratized access—the 2008 […]
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Lightchain Presale Skyrockets, Setting New Standards as the Next Ethereum Contender

Lightchain Presale Skyrockets, Setting New Standards as the Next Ethereum Contender

Morgan Stanley’s 15,000 Financial Advisors Can Start Pitching Bitcoin ETFs to Clients Next Week: Report

Bitcoin.com
Morgan Stanley’s 15,000 Financial Advisors Can Start Pitching Bitcoin ETFs to Clients Next Week: Report
Bank of America
Morgan Stanley’s 15,000 Financial Advisors Can Start Pitching Bitcoin ETFs to Clients Next Week: ReportMorgan Stanley is set to offer spot bitcoin exchange-traded funds (ETFs) to select clients through its 15,000 financial advisors starting next week. This marks a significant first for a major Wall Street bank. Advisors can pitch Blackrock’s Ishares Bitcoin Trust and Fidelity’s Wise Origin Bitcoin Fund to eligible clients, reflecting the growing acceptance of bitcoin […]
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Lightchain Presale Skyrockets, Setting New Standards as the Next Ethereum Contender

Lightchain Presale Skyrockets, Setting New Standards as the Next Ethereum Contender

Goldman Sachs CEO Clarifies His Stance on Bitcoin

Bitcoin.com
Goldman Sachs CEO Clarifies His Stance on Bitcoin
Bitcoin
Goldman Sachs CEO Clarifies His Stance on BitcoinGoldman Sachs CEO David Solomon clarified his stance on bitcoin during a CNBC interview, where his prior skepticism and the recent political focus on bitcoin were discussed. Although he acknowledged bitcoin’s volatility and speculative nature, Solomon stated he had “never been on the other side as to whether or not bitcoin would be something that’s […]
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Lightchain Presale Skyrockets, Setting New Standards as the Next Ethereum Contender

Lightchain Presale Skyrockets, Setting New Standards as the Next Ethereum Contender

Bank of America, Citigroup and Goldman Sachs Report $4,139,000,000 in Losses As US Lenders Witness Major Spike in Unrecoverable Debt

The Daily Hodl
Bank of America, Citigroup and Goldman Sachs Report ,139,000,000 in Losses As US Lenders Witness Major Spike in Unrecoverable Debt
bank
Bank of America, Citigroup and Goldman Sachs Report ,139,000,000 in Losses As US Lenders Witness Major Spike in Unrecoverable Debt

Bank of America, Citigroup and Goldman Sachs are reporting $4.139 billion in losses as lenders write off mounting debts that customers can’t honor. In its latest earnings report, Citigroup says its net credit losses, which are debts that the firm does not expect to collect, hit $2.28 billion in Q2 of this year. The figure represents […]

The post Bank of America, Citigroup and Goldman Sachs Report $4,139,000,000 in Losses As US Lenders Witness Major Spike in Unrecoverable Debt appeared first on The Daily Hodl.

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Lightchain Presale Skyrockets, Setting New Standards as the Next Ethereum Contender

Lightchain Presale Skyrockets, Setting New Standards as the Next Ethereum Contender

Goldman Sachs Boosts Crypto Services Amid Interest Surge — Plans 3 New Tokenization Projects

Bitcoin.com
Goldman Sachs Boosts Crypto Services Amid Interest Surge — Plans 3 New Tokenization Projects
bitcoin.com
Goldman Sachs Boosts Crypto Services Amid Interest Surge — Plans 3 New Tokenization ProjectsGoldman Sachs is expanding its crypto services, focusing on tokenizing assets. The global investment bank plans to launch three tokenization projects by year’s end. Goldman Sachs continues to see client interest, aiming to innovate investment methods and broaden its crypto product suite. Goldman Sachs Expands Crypto Services Amid Growing Institutional Interest Goldman Sachs is enhancing […]
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Lightchain Presale Skyrockets, Setting New Standards as the Next Ethereum Contender

Lightchain Presale Skyrockets, Setting New Standards as the Next Ethereum Contender

Goldman Sachs Preparing Move Into Tokenization Services Amid Interest From Clients: Report

The Daily Hodl
Goldman Sachs Preparing Move Into Tokenization Services Amid Interest From Clients: Report
Daily Hodl
Goldman Sachs Preparing Move Into Tokenization Services Amid Interest From Clients: Report

Banking giant Goldman Sachs is reportedly preparing to expand its crypto services with a focus on the tokenization of real-world assets (RWAs). Speaking to Fortune, Goldman’s digital assets global head Mathew McDermott says the bank has “ambitious” plans for the sector. Since providing products that investors want will be the key to success, McDermott said […]

The post Goldman Sachs Preparing Move Into Tokenization Services Amid Interest From Clients: Report appeared first on The Daily Hodl.

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Lightchain Presale Skyrockets, Setting New Standards as the Next Ethereum Contender

Lightchain Presale Skyrockets, Setting New Standards as the Next Ethereum Contender

Goldman Sachs to launch 3 new tokenization products this year – report

Coin Telegraph
Goldman Sachs to launch 3 new tokenization products this year – report
Coin Telegraph

The products could include an RWA marketplace and will focus on the United States and Europe.

Goldman Sachs is preparing to launch three new tokenization products later this year in the United States and Europe following “a major uptick in interest from clients” in crypto, according to Fortune, which published an interview with Mathew McDermott, the investment bank’s global head of digital assets, on July 10.

McDermott declined to specify details but did say that Goldman Sachs plans to create marketplaces for tokenized real-world assets (RWAs) and would focus on the “fund complex” in the United States and European debt markets, according to the report.

McDermott reportedly added that the investment bank plans to target financial institutions, rather than retail investors, with its new products and will rely exclusively on permissioned blockchains. He said the RWA marketplace would differentiate itself with the speed of execution and by expanding the types of assets that can be used as collateral.

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Lightchain Presale Skyrockets, Setting New Standards as the Next Ethereum Contender

Lightchain Presale Skyrockets, Setting New Standards as the Next Ethereum Contender

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