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Goldman Sachs: Bitcoin is expected to rise to $ 13,971 in the short term

Goldman-Sachs-Bitcoin-is-expected-to-rise Goldman Sachs: Bitcoin is expected to rise to $ 13,971 in the short term

Goldman Sachs Investment Bank sent a letter to its clients stating that in the short term, Bitcoin is expected to rise to $ 13,971.

The letter that was sent to the bank's customers said that in the short term Goldman Sachs expects to see the growth of the first cryptocurrency to $ 13,971. The name of the analyst who prepared this forecast is not indicated.

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Brendan Bernstein: BTC isn't a bubble - it's a response to the very real bubbles...

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The founder of the hedge fund Tetras Capital and former economist of Goldman Sachs Bank Brendan Bernstein argues that Bitcoin will help to burst the bubble of traditional finance. In a tweet on April 10, Bernstein supported the position of Bitcoin Foundation director Jon Matonis, who disagreed with the statements that Bitcoin is an economic bubble.

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Goldman Sachs: Bitcoin could fall below $ 6,000

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Goldman Sachs customers received a letter in which analysts of the bank warned that the price of Bitcoin could soon fall below 6000 dollars. The team of technical analysts of the bank is headed by Sheba Jafari, who is sure that the market decline began with the large sales of Bitcoins, which previously belonged to the MtGox crypto exchange. As it became known, the head of the board of trustees of the exchange Nobuaki Kobayashi organized several rounds Bitcoin sales to pay off creditors MtGox.

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Goldman Sachs will launch a platform for trade Cryptocurrencies

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Goldman Sachs, one of the largest banks on Wall Street, plans to launch its own platform for trading cryptocurrencies. This became known to the agency Bloomberg from sources who are familiar with the strategic plans of the banking group. As it became known to the agency, the bank plans to launch a new business unit in July 2018, but it may happen earlier. Sources say that Goldman Sachs is currently collecting a team in New York, trying to solve security problems, and how the assets will be stored.

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Goldman Sachs will provide customers with access to Bitcoin futures

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According to anonymous source from Bloomberg, Goldman Sachs will clear the futures contracts for Bitcoins for its customers, when the futures markets will be launched on December 10 at the CBOE and on December 18 at the CME. This is an important stage for the Cryptocurrency industry, as the futures markets will provide access to the cryptocurrency-loans to customers of large banks and brokerage firms. If this information is confirmed, the pessimistic attitude of traditional market players to cryptocurrency-derivatives will begin to change, and their support will become a competitive advantage.

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Lloyd Blankfein (Goldman Sachs CEO): I'm Open to Cryptocurrency

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Lloyd Blankfein, chairman of the board of one of the largest investment banks in the world - Goldman Sachs - said that although he is not very comfortable with bitcoin, in general he is open to cryptocurrency. At the Goldman Sachs Sustainable Finance Innovation Forum held in New York, the bank's head said that he felt "some discomfort" with respect to bitcoin, as well as with regard to everything new. So he answered the question about the attitude to bitcoin futures offered by the CME Group, a new exchange operator.

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Goldman Sachs plans to introduce Bitcoins for trade clients

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As they say - money does not smell, especially virtual. In the Wall Street Journal there was news that the banking giant Goldman Sachs, working on a solution that would allow its investors to trade Bitcoin directly. Such a decision will make Goldman Sachs the leading company of Wall Street, which allows its investors to gain access to the rapidly growing market of crypto currency.

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