Goldman Sachs Group Inc has restarted its cryptocurrency trading desk and will begin dealing bitcoin futures and non-deliverable forwards for clients from next week
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Goldman Sachs Group Inc has restarted its cryptocurrency trading desk and will begin dealing bitcoin futures and non-deliverable forwards for clients from next week
View Reddit by 9Oh8m8 – View Source
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Damn okay; they’re going to “begin dealing bitcoin futures and non-deliverable forwards for clients.”
Bullish as fuck, and listen to this shit:
“As part of this work, the bank is also exploring the potential for a bitcoin exchange traded fund and has issued a request for information to explore digital asset custody, the source said.”
They believe in profit. Will probably ditch it the moment it no longer suits them. I hope however that they will not get a chance to do this. I would like to think that they believe in what it represents but hey…it is what it is. They would trade horse manure if it would make them a profit. Many will jump on the wagon to try and see how they cam manipulate things. That’s just my opinion.
tldr; Goldman Sachs has restarted its cryptocurrency trading desk and will begin dealing bitcoin futures and non-deliverable forwards for clients from next week, reports said. The trading desk is part of Goldman’s activities within the fast-growing digital assets sector, which also includes projects involving blockchain technology and central bank digital currencies. Goldman is also exploring the potential for a bitcoin exchange traded fund and has issued a request for information to explore digital asset custody.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*