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How The Recent Goldman And ICE Announcements Could Reshape The Crypto Industry

The cryptocurrency ecosystem is poised for a major overhaul. Goldman Sachs, the investment bank which has blown hot and cold over bitcoin in recent times, finally confirmed its intentions to enter bitcoin trading last week. In an interview with the New York Times, Rana Yared, Goldman’s managing director of securities, said the firm would begin trading bitcoin in “the next few weeks”. Yared claims to … Continue reading How The Recent Goldman And ICE Announcements Could Reshape The Crypto Industry

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Goldman Sachs Confirms Bitcoin Trading Plans

A New York Times report this morning confirms that the Wall Street bank, which has a storied history, plans to begin trading the newest investment instrument on the block in the next few weeks. According to the report, Goldman will use its own money to trade bitcoin futures contracts and is working to develop a new type of derivative – non-deliverable forward (probably named so because bitcoin futures are cash-settled) Continue reading Goldman Sachs Confirms Bitcoin Trading Plans

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