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22% of Goldman Sachs clients expect bitcoin to exceed $100,000 in 12 months

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Abc Medium. Abc Large. Bitcoin has surged more than fivefold in the past year.

Goldman Sachs Is Hosting A Client Call About Bitcoin, Gold and Inflation

View: Bitcoin whales are a mixed blessing. A Goldman Sachs spokeswoman declined to comment. Crypto was once shunned at elite firms like Goldman Sachs, but is now gaining credibility as other banks and financial institutions outline their efforts. BNY Mellon said in mid February that it will hold, transfer and issue digital currencies, a step it called the first by a global bank to provide clients with such services.

Bitcoin regains $51,500 level on reports Goldman Sachs restarts crypto desk

A top executive at Fidelity compared bitcoin to gold and Goldman Sachs is considering restarting its crypto trading desk after three years. Overall, it looks like bitcoin holders would soon be in for a treat as there are multiple indicators that may further push prices up, including a recovery in US stocks," said Ashish Singhal, chief executive officer and co-founder, CoinSwitch Kuber, cryptocurrency investment platform. The market is moving towards stability and will reward the long-term investors with a horizon of two-three years," said Shivam Thakral, CEO, BuyUcoin.

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Meanwhile, the second-biggest cryptocurrency in terms of market capitalization, ethereum was trading 2. Click here to read the Mint ePaper Mint is now on Telegram. Join Mint channel in your Telegram and stay updated with the latest business news. Looks like you have exceeded the limit to bookmark the image. Remove some to bookmark this image.