Loading
Welcome at World Crypto Global. This portal is packed with useful content and resources to built out your own crypto skills. WorldCrypto is a site member of Gabriel Vega Network.
TrueX's stablecoin-centric approach could redefine crypto trading stability, potentially attracting institutional investors and enhancing market predictability.
The post Goldman Sachs, Coinbase alumni debut TrueX, a stablecoin-centric crypto exchange appeared first on Crypto Briefing.
The companies collectively purchased nearly $1.3 billion worth of Bitcoin ETF shares during the quarter.
Coinbase's latest report highlights a rise in institutional inflows into U.S. spot Bitcoin ETFs, signaling growing interest from the investment advisor sector despite recent market downturns.
Goldman Sachs revealed over $400M in spot Bitcoin ETF holdings, signaling the investment bank's growing appetite for Bitcoin exposure. Major financial firms increasingly embrace Bitcoin products.
Goldman Sachs' significant investment in Bitcoin ETFs signals growing institutional acceptance and could drive broader adoption of crypto assets.
The post Goldman Sachs holds $238 million in BlackRock’s Bitcoin ETF shares appeared first on Crypto Briefing.
According to a regulatory filing with the U.S. Securities and Exchange Commission, Goldman Sachs has amassed roughly $419 million in exposure to Bitcoin via exchange-traded funds (ETFs). The investment banking giant disclosed holding positions in seven out of the 11 U.S.-listed spot BTC ETFs on behalf of its clients. Goldman Sachs And Bitcoin ETF Exposure […]
The CEO of one of the worlds largest banks is not ruling out Bitcoin becoming a store of value akin to gold.
To capitalize on the growing interest in the crypto industry, banking giant Goldman Sachs is preparing to enter the tokenization sector, with three offerings expected to launch later this year. Goldman Sachs Aims To Capitalize On Tokenization Trend According to a Fortune report, Mathew McDermott, Global Head of Digital Assets at Goldman Sachs, revealed the [...]
The post Goldman Sachs Embraces Crypto With Three New Initiatives In The Pipeline appeared first on Crypto Breaking News.
The products could include an RWA marketplace and will focus on the United States and Europe.
Goldman Sachs' tokenization projects could significantly accelerate institutional adoption of digital assets, reshaping financial markets.
The post Goldman Sachs to roll out trio of tokenization projects by end of year: Report appeared first on Crypto Briefing.
Goldman Sachs is preparing to launch three tokenization projects by year-end for major institutional clients, the firm’s global head of digital assets, Mathew McDermott, told Fortune Crypto in a July 10 interview. McDermott explained that tokenization, which is the process of converting real-world assets (RWA) into digital tokens, presents a critical opportunity for the bank […]
The post Goldman Sachs eyes tokenization projects for institutional clients by year-end appeared first on CryptoSlate.
Analysts were split over whether todays AI investments would pay off in the next decade.
Anchorage Digital is the only crypto bank currently chartered by the Office of the Comptroller of the Currency (OCC). Other institutions, including Paxos and Protego, have attempted to receive a full charter from the OCC but have failed to move past the provisional charter hurdle. With the boom of institutional interest in crypto spurred by [...]
The post Former Goldman Sachs Exec Joins Anchorage Digitals Board of Directors appeared first on Crypto Breaking News.
Goldman Sachs' head of digital assets calls Bitcoin ETFs an "astonishing success", signaling a pivot after years of Bitcoin skepticism from the Wall Street giant.
eToro, the Israeli trading platform, has launched its initial public offering (IPO) at $52 per share, which is above its earlier price range. The company collected about $620 million, and its shares are now traded on the Nasdaq under the ticker “ETOR.” This is a major milestone for the IPO market, showing increased investor confidence […]
Goldman Sachs has significantly increased its Bitcoin ETF holdings, reflecting rising institutional demand amid shifting macro conditions.
Goldman Sachs, UBS, Citadel, and Citigroup are set to boost liquidity for BlackRocks Bitcoin ETF as newly authorized participants.
BlackRock has added five big Wall Street firms as partners for its spot Bitcoin ETF.
Crypto Jelle, a cryptocurrency analyst and aficionado, has expressed optimism toward the price action of Bitcoin, highlighting the potential for the digital asset to revisit the $69,000 threshold in the short term. Bitcoin Poised For Short-Term Gains Due to waning interest in the cryptocurrency market, the price of Bitcoin fell by 5.60% to $66,650. However, [...]
The post Bitcoin Resurgence: Analyst Foresees $69,000 Target In Near Term appeared first on Crypto Breaking News.
Analysts at Goldman Sachs, a leading global banking and investment management firm, have offered valuable insights into the anticipated effects of the forthcoming Bitcoin halving, on the price of the cryptocurrency. They emphasize that while the Bitcoin halving is a noteworthy event, other major factors will likely exert greater influence on Bitcoins future value. Bitcoin Halving To Play Lesser Role In BTCs Outlook In a note to clients, Goldman Sachs analysts have cautioned against reading too much into the past Bitcoin halving cycles and their impact on the cryptocurrency. Based on historical trends, the Bitcoin halving cycles tend to have a favorable effect on the value of Bitcoin, often triggering a bull run. The bank noted that whether the Bitcoin halving scheduled for April 20, becomes a buy the rumor, sell the news event, it would hold less significance for the cryptocurrencys medium-term outlook. They argue that the future performance of the pioneer cryptocurrency would be more heavily influenced by the supply and demand dynamics within the current market. Additionally, the analysts highlighted that the growing interest and demand for Spot Bitcoin Exchange Traded Funds (ETFs) combined with the self-reflexive nature of the crypto market would be the primary contributing factor to Bitcoins price action and future outlook. Sharing a similar perspective, analysts at CryptoQuant disclosed earlier in April that the 2024 Bitcoin halving was no longer a primary catalyst for Bitcoins bullish surge. They highlighted that factors such as increasing demand from large-scale investors and diminishing supply were now the key drivers of Bitcoins upward momentum. Analysts Warn Of Macroeconomic Influence On New Halving Cycle Analysts at Goldman Sachs have predicted that macroeconomic factors such as inflation could have a significant influence on the upcoming Bitcoin halving event. Caution should be taken against extrapolating the past cycles and the impact of halving, given the respective prevailing macro conditions, Goldman Sachs analysts noted. Related Reading: Crypto Analyst Says Dont Buy Altcoins Just Yet Heres Why Unlike previous halving cycles, the present economic conditions display high inflationary pressures and interest rates, which could cause the 2024 Bitcoin halving cycle to diverge from historical patterns. In other words, the analysts have suggested that for Bitcoins historical halving bull runs to occur, macro conditions need to be supportive of investor risk-taking. Currently, the United States faces challenges with high inflation, while interest rates stand above 5%. These conditions may exert pressure on Bitcoins market dynamics. However, despite the prevailing circumstances, many see the digital currency as a formidable inflation hedge and a beacon of hope against escalating inflationary pressures. BTC price at $62,000 | Source: BTCUSD on Tradingview.com Featured image from CryptoSlate, chart from Tradingview.com
World Crypto Global opens the door to digital freedom for everyone.
Manage your free WCG Coins securely—where simplicity meets global accessibility.
FREE CRYPTO COINS
AVAILABLE FOR RESERVATION
ALREADY ALLOCATED
No fees. No catch. Your crypto journey starts here.
World Crypto Global
