PSA to new users: Bitcoin wasn't supposed to be a trading vehicle for Goldman Sachs. It's supposed to be a global peer-to-peer electronic cash system.
Some of you that are new over the past year or two might view cryptocurrencies only as an investment vehicle just like any other stock, but this view is misplaced. The foundations of the entire future financial system, the way we think and use 'money', are being formed right now. This will be bigger than you think.
Even Goldman Sachs, the Wall Street behemoth that trades in markets' most esoteric assets, can't find a way to trade bitcoin. The bank is ditching plans to open a desk for trading cryptocurrencies in the foreseeable future, according to people familiar with the matter, as the regulatory framework for crypto remains unclear. As part of that decision, Goldman has moved plans to open a desk for trading cryptocurrencies further down a list of priorities for how it can participate in cryptocurrency markets, the people said. It may revive these plans later, they added.
As reported by the Financial Times, Goldman was once a staunch advocate of bitcoin, and had been, just a few years ago, examining whether to launch a bitcoin trading desk. And in 2018, just after To properly evaluate the position of Goldman Sachs on Bitcoin, three factors have to be considered: its historical statements about crypto, reports on the exploration of a BTC trading desk, and The investment bank Goldman said Bitcoin is not a real asset. Remember when Goldman Sachs ️d bitcoin? the investment bank was so excited about this potential new asset class that it was said to be considering launching a bitcoin trading desk, Bitcoin is currently trading at about $10,978, after crossing the $11K mark the previous day. The cryptocurrency is up approximately 17% since last week and 54% since the beginning of the year.
Bitcoin Brief - Galaxy Educates Goldman, A Senator that HODLs & BTC breaks $10k
Goldman Sachs Bitcoin ... My channel is updated 2-3 times per week. I upload educational videos on cryptocurrency, investing and trading. I’ve been in the space since 2016 hoping to help you ... BITCOIN TODAY: Goldman Sachs had a client call about Bitcoin. In this video, I'll go through the Bitcoin news today & I'll make a Bitcoin price analysis. ... DISCLAIMER: Trading Bitcoin is VERY ... - Why Goldman’s Report Saying Bitcoin Isn’t An Asset Class Is Dead Wrong ... 24/7 Live Bitcoin Algo Trading on Deribit Exchange (DeriBot) Bitcoin Trading Robots 224 watching. GOLDMAN SACHS PUBLISHED A FACTUALLY INACCURATE DOCUMENT ABOUT BITCOIN TODAY. ... Ethereum News, Crypto News, Cryptocurrency News, Ethereum Trading, Bitcoin Trading, Trading on Bybit, Trading on ... Bitcoin Brief - Galaxy Educates Gold, A Senator that HODLs & BTC breaks $10k 👉 Subscribe so you don't miss the next one: http://bit.ly/2QKVDdV Stories: Galax...