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Goldman Sachs upgrades Coinbase rating amid crypto surge and market dominance boost

Coinbase, the leading US-based crypto exchange, has seen a surge in its market share following the introduction of several spot Bitcoin exchange-traded funds (ETFs) in January. In response, analysts at Goldman Sachs have upgraded their rating on Coinbase shares from selling to neutral and adjusted their price target to $282. дальше »

2024-3-9 18:46


'Happening' crypto-market will be fine despite corrections: Former Goldman Sachs CEO

The market sentiment around digital assets suffered a major blow following the crash in the crypto-market. And yet, different analysts have shared undeterred bullish scenarios for the space. In fact, The post 'Happening' crypto-market will be fine despite corrections: Former Goldman Sachs CEO appeared first on AMBCrypto. дальше »

2022-1-26 21:30


Bitcoin Flash Crash Pauses as Goldman Sachs Announces Crypto Services

Bitcoin underwent a mini flash crash on Wednesday as its price fell from $59,400 to nearly $57,000 in just five minutes of trading. Analysts blamed overleveraged long positions for the downside move, with the plunge liquidating about $600 million worth of extended bullish contracts across major futures exchanges. The wipeout followed up with a short […] дальше »

2021-3-31 16:17


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There’s a Silver Lining to Goldman Sachs’ Scathing Bitcoin Presentation

Despite the recent rally and macro developments boosting Bitcoin, the cryptocurrency came under fire by analysts at Goldman Sachs on Wednesday. In a May 27th client call entitled “Implications of Current Policies for Inflation, Gold, and Bitcoin,” two executives at Goldman Sachs and a Harvard professor deliberated over BTC. дальше »

2020-5-28 13:00


New Bloomberg Report Shows Wall Street Banks Shun Bitcoin, Distance Away from Crypto Markets

In a recent report released by Bloomberg, recognized Wall Street firms such as Goldman Sachs, Morgan Stanley or Barclays, are still far from launching crypto-related products. During 2018, several analysts believed that these institutions were going to release crypto-related products to the market as soon as in the first part of 2019. Nevertheless, these products […] дальше »

2018-12-24 21:31