Archive: Goldman Sachs

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Last week, Goldman Sachs made crypto history. The bank completed its first over-the-counter crypto trade with crypto firm Galaxy Digital.  Goldman executed the transaction in the form of a bitcoin non-deliverable option (NDO). Goldman and Galaxy – which have an ongoing partnership – seem pleased with the move. Galaxy notes that the OTC settlement is a “continuation of the bank’s partnership with Galaxy Digital to deepen its crypto capabilities.” And a Goldman exec said of the…

Goldman Sachs Signals Crypto Is Here for the Long Haul

By Vin Narayanan on April 1, 2022

Goldman Sachs has made its first crypto trade. No, this isn’t an April Fool’s joke. The trade actually happened last week.  It was a bitcoin derivatives trade with Galaxy Digital. And Goldman is interested in participating in a full-fledged options market…
I just returned to the office this week. It was a strange thing.  Before working at home during the past year, I spent most of my 40-year career in offices. And I’ve missed the water-cooler chats… the unstructured interaction with my fellow employees… going out to…
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Goldman Sachs is on the Bullish Bitcoin Train

By Adam Sharp on March 12, 2021

This week we got a new podcast featuring Mathew McDermott, head of Digital Assets for Goldman Sachs’ Global Markets Division. He discussed booming crypto demand from clients and what’s driving the move. Bitcoin.com provided a nice summary of the conversation. Here…

Mailbag: Early Investors Don’t Need to Worry About WeWork

By Early Investing on October 6, 2019

In this week’s Mailbag, the Early Investing team addresses celebrity investors and the WeWork debacle’s impact on the startup investing world.

How Much Is a Bitcoin Pizza Order Worth?

By Allison Brickell on September 24, 2018

On May 22, 2010, programmer Laszlo Hanyecz paid 10,000 bitcoins for two Papa John’s pizzas. Today, those bitcoins would command a very different price.
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Crypto Monitor: Market Manipulation Edition

By Vin Narayanan on September 14, 2018

Summary It’s been a busy two weeks in the crypto markets. We’ve seen allegations of market manipulation, Goldman Sachs clarifying its crypto timeline and Citi announcing a new product. Adam Sharp and Vin Narayanan discuss those topics and much more in this week’s Crypto Monitor. They also debut the…

News Fix: Goldman Sachs Cries “Fake News”

By Vin Narayanan on September 8, 2018

Crypto's mainstream acceptance is growing. And that's good news for investors. Also, Goldman Sachs blames "fake news" and IBM launches a new crypto project.

Is Cryptocurrency Going Mainstream?

By Adam Sharp on April 27, 2018

We’re beginning to see institutional interest in crypto assets grow, with Goldman hiring its first crypto trader.