Ether has a "high chance" of eclipsing bitcoin as crypto"s dominant store of value, Goldman Sachs says

Crude-Crash Saves Stocks From CTA-Slaughter; Bonds Bid But Bitcoin Battered A volatile day for markets (relatively speaking) with crude and crypto the high- low-lights. Goldman's trading desk (Lee Coppersmith) noted that for the first t.....»»

"Without that volatility, you can't have compounded annual returns of 230%," said Raoul Pal. "Volatility is your friend in this occasion." Raoul Pal, c.....»»

"The main takeaway for me is that the increased capital flows into crypto is now making its way into more than just [bitcoin]," Jeffrey Wang of Amber Group said. The cryptocurrency ether runs on the Ethereum network. Dado Ru.....»»

The likes of JPMorgan and Goldman Sachs are moving into crypto, while companies s.....»»

Chris Hondros/Getty Images Goldman Sachs has brought on former crypto trader Justin Schmidt to explore creating a bitcoin trading desk.  It's the banks first crypto-specific hire, according to a person familiar.....»»

AP/Mark Lennihan Circle Trade, the trading operation of Circle, has increased its minimum ticket size on bitcoin trades to $500,000. The move comes during a trading lull in the market for digital currencies across crypto.....»»

REUTERS/Lucas Jackson Welcome to Crypto Insider, Business Insider's roundup of all the bitcoin and cryp.....»»

The push for widespread adoption of cryptocurrencies got a boost Wednesday, when U.S. investment bank Goldman Sachs Group announced it would be opening a cryptocurrency trading desk......»»

Despite headlines that the biggest coffee chain in the world will soon begin accepting Bitcoin, the crypto space is under pressure this morning (led by Bitcoin) following comments from Goldman Sachs that "further declines" are expected. As TheAntiMedia.....»»

Having launched bitcoin futures trading in May, Goldman Sachs is now pondering the launch of a cryptocurrency custody service, according to a report......»»

This large-cap ETF hits a new 52-week high. Are more gains in store for this ETF? For investors seeking momentum, Goldman Sachs ActiveBeta U.S. Large Cap Equity E.....»»

Bitcoin is back below $7000, and Ethereum is tumbling back near its lowest since Nov 2017 as reports that Goldman Sachs is putting its plans to build a crypto trading desk on hold has sparked 'what do they know' a.....»»

Goldman Sachs Group Inc is ditching plans to open a desk for trading cryptocurrencies as the regulatory framework for crypto remains unclear, Business Insider reported on Wednesday, citing people familiar with the matter......»»

Investors who were hoping for a surge in institutional interest just suffered a big setback......»»

Digital currency prices open well lower for the second day running as the fallout from the report that Goldman Sachs has put the brakes on its idea to launch a crypto trading desk continues......»»

This article was originally published on ETFTrends.com......»»

CoinDesk profiles Jeremy Allaire, the CEO of the Goldman Sachs-backed crypto startup Circle that had a banner year in 2018......»»

CoinDesk profiles Jeremy Allaire, the CEO of the Goldman Sachs-backed crypto startup Circle that had a banner year in 2018......»»

Crypto analyst Michaël van de Poppe has suggested that Bitcoin‘s (CRYPTO: BTC) price may soon experience a significant rebound, despite the waning hype surrounding the upcoming halving event. read more.....»»

"We see the pullback as an interruption in the uptrend, not the start of a bearish reversal, given the recent breakout above the 2021 high." Lauren DeCicca/Getty Images; Jenny Chang-Rodriguez/BIBitcoin faces an increased risk of falling 18% afte.....»»