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Dogecon • June 21-24, 2018

Dogecon Vancouver 2018 is a weekend celebration of the social layer of crypto culture, embracing memes and tweetstorms as the…

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Tag: Goldman Sachs

Cryptocurrencies have Given Michael Novogratz a Second Opportunity

Category: Altcoins, Bitcoin, Blockchain, Finance, News

Cryptocurrencies have Given Michael Novogratz a Second Opportunity

Former Goldman Sachs executive Michael Novogratz has seen his fortune rise and fall in the traditional finance market several times. However, his bet on cryptocurrency in 2013  has paid off handsomely. According to a Forbes estimate, Novogratz is amongst the wealthiest people in the cryptocurrency sector,  with an estimated crypto-wealth of $700 million – $1 billion. Wall Street to Cryptocurrency…

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It’s Confirmed! Goldman Sachs To Begin Trading of Bitcoin Futures

Category: Bitcoin, Finance, News

It’s Confirmed! Goldman Sachs To Begin Trading of Bitcoin Futures

In stark contrast to its Wall Street peers, Goldman Sachs is emerging as the world’s largest institution to embrace bitcoin (BTC), and would soon trade the decentralized digital asset. Goldman to Trade Bitcoin ‘Futures’ According to a New York Times report on May 2, 2018, the financial powerhouse is set to begin its bitcoin trading desk in Q2 of 2018,…

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Big Things Coming? Goldman Sachs May Soon Launch Crypto Trading Desk

Category: Altcoins, Bitcoin, Business, Finance, News

Big Things Coming? Goldman Sachs May Soon Launch Crypto Trading Desk

In a bid to accentuate client interests in Bitcoin trading and other cryptocurrencies, Goldman Sachs has hired a crypto trader to run a dedicated trading desk. Last week, Justin Schmidt joined Goldman Sach’s securities division as VP and chairperson of digital asset markets. Previously, he was a senior VP at Seven Eight Capital and a portfolio manager at LMR Partners…

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Circle Trade Raises Minimum Bitcoin OTC Limit to $500k

Category: Altcoins, Bitcoin, Business, Finance, News

Circle Trade Raises Minimum Bitcoin OTC Limit to $500k

Minimum order size for bitcoin trades at Circle, one of the largest liquidity providers and over-the-counter (OTC) digital asset marketplaces in the world, has shot up to $500,000. That’s 100 percent higher compared to where the figure stood previously. Rising OTC order sizes OTC services are optimized for high net worth institutions and individuals looking to conduct large cryptocurrency trades…

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Goldman Sachs Develops Its Own Cryptocurrency; Sees No Future in Bitcoin

Category: Finance, News

Goldman Sachs Develops Its Own Cryptocurrency; Sees No Future in Bitcoin

Multinational investment banking firm Goldman Sachs has been involved with bitcoin and its underlying distributed ledger technology since early 2014. The bank led a record-breaking US$50 million funding round for bitcoin exchange and payment processing startup Circle Inc. in April and has formed various blockchain-focused research groups to explore the potential of the technology in the traditional financial sector. Despite…

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