Crypto Trades
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Goldman Sachs To Start Offering Bitcoin to Wealthy Clients.

Banking giant Goldman Sachs plans to start offering Bitcoin and cryptocurrency investment to its well-to-do clients in the second quarter of 2021, according to Mary Rich, Goldman Sachs' new head of digital assets under the private wealth management department (PWM).

Private wealth management focuses on families or individual investors who can invest a minimum of $25 million in the bank.

@CryptoTrades #dailynews #goldmansachs #btc #bitcoin
Goldman Sachs Will Offer Ethereum Futures And Options Trading.

Investment banking giant Goldman Sachs, gears towards offering Ether derivatives products in the upcoming months.

This is a major uptick for Ethereum as it gains more Institutional adoption.

Mathew McDermott, Goldman’s managing director of digital assets acknowledged this on Monday when he said that Institutional adoption will continue as ETH receives more interest.

He confirmed the investment bank’s move into Ethereum options and futures.

@CryptoTrades #dailynews #eth #ethereum #goldmansachs #options #futures #derivatives
11% Of US Insurers Have Invested In Cryptocurrency Or Considering Doing So.

According to a Goldman Sachs global study of 328 chief finance and chief investment officers about their firms' asset allocations and portfolios, US-based insurers are the most interested in cryptocurrency investment.

The investment banking behemoth's annual worldwide insurance investment survey included replies about cryptocurrency, with 11 percent of U.S. insurance firms indicating an interest in investing or have a current investment in crypto.

@CryptoTrades #dailynews #btc #bitcoin #goldmansachs #cryptocurrency #investing