The BTC/JPY trading pair encountered resistance at a key trendline, reflecting concerns about the U.S. economy. Goldman Sachs highlighted the Japanese yen as a major safeguard against potential U.S. tariff increases and recession risks, causing BTC to drop by 1% on bitFlyer. The overall Market is tense as traders await President Trump’s new tariffs that ...
Goldman Sachs has revealed a significant increase in its cryptocurrency investments, with over $2 billion in exposure to Bitcoin and Ethereum as of December 31. Their recent filing showed that Bitcoin exposure rose to $1.56 billion, more than double from the previous quarter, largely through BlackRock’s Bitcoin ETF. Additionally, Goldman Sachs reported a remarkable jump ...
Goldman Sachs CEO David Solomon has indicated that the firm may consider becoming a Market maker for Bitcoin and Ethereum if U.S. regulations change. He acknowledged the current limitations on holding crypto due to the regulatory environment, describing digital assets as an interesting technology. Despite concerns over reputational risks linked to crypto scandals, Solomon emphasized ...
Goldman Sachs CEO highlighted the resilience of the US economy and a positive outlook for dealmaking in a recent interview. However, he also voiced concerns about the escalating conflict in the Middle East.
