Goldman Sachs is exploring how it could help clients trade bitcoin and other digital currencies, according to Bloomberg...
Wow, this is huge! Bitcoin is even featured on the front page of the Wall Street Journal today.
“In response to client interest in digital currencies, we are exploring how best to serve them in the space,” ~ Goldman Sachs
By announcing they take Bitcoin seriously they possibly have a position in Bitcoin as well. It wouldn't surprise me either. The big banks have to to be at the forefront of financial disruption triggered by the emergence of Bitcoin, rather than positioning themselves on the sidelines.
Read more on Bloomberg.com.
Other news today
- Bitcoin payments gateway BitPay sees a 328% volume growth this year. BitPay merchants are now turning over $100 million a month in Bitcoin payments, according to the company.
- And other crypto news below.
Cryptocurrencies Markets Overview for Tuesday, October 03, 2017
Unfortunately, the crypto markets do not respond very positive on today's news. We are falling back a bit after the surge of the recent days.
24 Hour Change
7 Day Change
Month-to-Date Change
24 Hour Volume
Market Capitalization
Feel free to use and share my charts, but please mention me as the author.
Latest Crypto News - October 03, 2017
Goldman Sachs exploring bitcoin trading operation
Goldman Sachs is considering the launch of a new trading operation focused on bitcoin and other digital currencies, a company official said.
Read more: cnbc.com
Other sources:
- Goldman Sachs to Explore Starting Bitcoin Trading Venture (Bloomberg)
- Report: Goldman Sachs Considering Bitcoin Services for Clients (Coindesk)
- Goldman Sachs Explores a New World: Trading Bitcoin (Wall Street Journal)
First Ever Bitcoin Documentary in China Released at Shape the Future Summit
2017 - Shape the Future is a documentary that charts the course of the world’s first digital currency, Bitcoin. The documentary produced by BitKan is supported by Bitmain, Huobi, Bixin and ViaBTC. It begins the story with how Bitcoin came into being and discusses the mysterious inventor of Bitcoin Satoshi Nakamoto. Just who was this man? Was he even a man or was it a group of men?
Read more: cointelegraph.com
BitPay Volumes Surge 328% As Processor Forecasts $1 bln Annual Turnover
BitPay is “on pace” to process $1 bln per year in Bitcoin payments as its merchants see a combined 328 percent annual volume growth.
Read more: cointelegraph.com
Japan is poised to become the leading bitcoin market
Look for Japan to become the leading bitcoin market. In April, Japan officially recognized bitcoin as legal currency and will regulate it accordingly. That boosted the price globally and boosted bitcoin trading volume on Japanese exchanges. Meanwhile, Japanese internet giant GMO Internet is investing $3 million to launch a bitcoin mining operation next year.
Read more: yahoo.com
Bitcoin could be heading to $6,000 by year-end but brace for volatility, experts say
Bitcoin could rally nearly 40 percent to hit $6,000 before the end of the year but investors should brace for more volatility, according to industry experts.
Read more: cnbc.com
SegWit Adoption Surpasses 7%, Bitcoin Is Scaling at a Rapid Rate
The percentage of Segregated Witness (SegWit)-enabled bitcoin transactions has surpassed the seven percent mark, as SegWit continues to scale the bitcoin network drastically beyond the capability of a 2MB block size increase.
Read more: themerkle.com
Europol Warns Zcash, Monero and Ether Playing Growing Role in Cybercrime
European Union law enforcement agency Europol has for the first time released a cybercrime report examining the growing role of zcash, monero and ether on the darknet.
Read more: coindesk.com
CFTC Investigating Ether Crash on Coinbase Exchange
The U.S. Commodity Futures Trading Commission (CFTC) is reportedly making enquiries into the ether flash crash that occurred earlier this year on Coinbase's GDAX trading platform.
Read more: coindesk.com
