Goldman Sachs


Finance

Crypto Exchange Coinbase to Benefit Near Term From Staking Revenue After Ethereum's Merge, Goldman Says

The company could generate $250 million to $600 million in incremental staking revenue from ether, the bank said.

Brian Armstrong Chief Executive Officer CEO & Co-Founder of Coinbase speaks at Consensus 2019 (CoinDesk)

Videos

Goldman Sachs Leading Investor Group to Buy Celsius Assets: Sources

Goldman Sachs is looking to raise $2 billion from investors to buy up distressed assets from troubled crypto lender Celsius, according to two people familiar with the matter. CoinDesk Deputing Managing Editor Tracy Wang discusses the details.

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Videos

BIS Warns Over Crypto Flaws; Crypto Bailout Battles

Bank for International Settlements says crypto unsuitable as money. Morgan Creek said to try countering FTX’s BlockFi bailout. Goldman Sachs reportedly trying to buy distressed assets from Celsius. Metaverse features expected in HTC’s new phone. Those stories and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”

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Finance

Goldman Cuts Coinbase to ‘Sell’ Due to Fall in Crypto Prices and Industry Activity; Shares Drop

The company faces a difficult choice between shareholder dilution and effective employee compensation, the report said.

Coinbase CEO Brian Armstrong (Coinbase)

Finance

Goldman Sachs Leading Investor Group to Buy Celsius Assets: Sources

The Wall Street firm is seeking $2 billion in commitments from investors to buy distressed assets at steep discounts if the crypto lender goes bankrupt.

Goldman Sachs is said to have an eye on Celsius. (Chris Hondros/Getty Images)

Finance

Goldman Sachs Executes Its First Trade of Ether-Linked Derivative: Report

London-based Marex Financial was the counterparty for the trade.

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Videos

Goldman Sees Little US Economic Impact From Lower Cryptocurrency Prices

Goldman Sachs said in a research report any drag on aggregate U.S. spending from the crypto markets’ recent downturn is likely to be very small, and the stock market decline has had a much larger effect on U.S. household net worth.

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Videos

Goldman, Barclays Back Alan Howard's Crypto Trading Platform

British billionaire hedge fund manager Alan Howard's crypto trading platform Elwood Technologies raised $70 million in a funding round with participation from Goldman Sachs, Barclays and others. "The Hash" hosts discuss the future of the TradFi space merging with the world of crypto.

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Finance

Crypto Hedge Fund Elwood Closes $70M Funding Led by Goldman Sachs and Dawn Capital

Dawn Capital co-led the Series A alongside CommerzVentures, Barclays, Galaxy Digital Ventures and BlockFi Ventures.

Billionaire hedge fund manager Alan Howard.

Finance

Goldman Sachs Makes Its First Bitcoin-Backed Loan

The global investment bank allowed a borrower to use the cryptocurrency as collateral for a cash loan.

(Daniel Acker/Bloomberg via Getty Images)