News Focus
News Focus
Followers 330
Posts 33618
Boards Moderated 22
Alias Born 12/30/2004

Re: Fisher post# 47754

Friday, 05/04/2018 7:31:44 AM

Friday, May 04, 2018 7:31:44 AM

Post# of 130120
Bitcoin gains greater legitimacy as a trading vehicle as Goldman Sachs opens trading operation -

Goldman Sachs, perhaps the most storied name in finance, is bucking the risks and moving ahead with plans to set up what appears to be the first Bitcoin trading operation at a Wall Street bank.

In a step that is likely to lend legitimacy to virtual currencies — and create new concerns for Goldman — the bank is about to begin using its own money to trade with clients in a variety of contracts linked to the price of Bitcoin.


https://www.nytimes.com/2018/05/02/technology/bitcoin-goldman-sachs.html

Discover What Traders Are Watching

Explore small cap ideas before they hit the headlines.

Join Today