Goldman Sachs

Goldman Sachs: Bitcoin Could Be Viable Money In Troubled Economies

A new report published by Goldman Sachs highlights how bitcoin and cryptocurrencies could serve as alternative forms of money in troubled economies.

By Nikhilesh DeJan 10, 2018

A Goldman Sachs executive has said there is "no evidence" that bitcoin's price gains have reduced demand for gold.

Goldman Sachs CEO Lloyd Blankfein has said it's to early for the bank to consider a bitcoin strategy as it "doesn't feel like a store of value."

Goldman Sachs analysts predicted that the price of bitcoin could surge as high as $8,000 in a note distributed to clients earlier this week.

By Stan HigginsNov 6, 2017

Goldman Sachs CEO Lloyd Blankfein has said that he has not comfortable with bitcoin, but he is open to the cryptocurrency.

If Goldman Sachs does launch a bitcoin trading desk, as rumors hint it might, the impact will be felt further afield than the bottom line.

Goldman Sachs CEO Lloyd Blankfein hasn't made up his mind about bitcoin, according to a new statement via Twitter.

By Stan HigginsOct 3, 2017

Goldman Sachs is said to be in the early stages of planning a possible cryptocurrency trading operation, according to the Wall Street Journal.

By Stan HigginsOct 2, 2017

An analyst for Goldman Sachs said yesterday that bitcoin could shoot as high as $4,800 – comments that came amid new highs for the cryptocurrency.

By Stan HigginsAug 14, 2017

Analysts at Goldman Sachs are advising clients to stay abreast of developments in the cryptocurrency sector – even if they don't plan on investing.

By Stan HigginsAug 9, 2017

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