Category: Goldman Sachs

Goldman Sachs offers first Bitcoin-backed loan as Wall Street embraces crypto

Goldman Sachs offers first Bitcoin-backed loan as Wall Street embraces crypto

Goldman Sachs has offered its first Bitcoin-backed loan, showing further signs of increased interest in cryptocurrency from Wall St institutions. 3483 Total views 85 Total shares Goldman Sachs has offered its first Bitcoin-backed loan, in a major step forward for institutional cryptocurrency adoption on Wall St.  A spokeswoman from Goldman told Bloomberg that the multinational […]

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Can Bitcoin break out vs. tech stocks again? Nasdaq decoupling paints $100K target

Can Bitcoin break out vs. tech stocks again? Nasdaq decoupling paints $100K target

A potential decoupling scenario between Bitcoin (BTC) and the Nasdaq Composite can push BTC price to reach $100,000 within 24 months, according to Tuur Demeester, founder of Adamant Capital. Bitcoin outperforms tech stocks Demeester depicted Bitcoin’s growing market valuation against the tech-heavy U.S. stock market index, highlighting its ability to break out every time after […]

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