US Bank, with assets under management of $472 billion, reported it held $24 million in Bitcoin ETFs. In its SEC filing, the bank reported its ETF holdings at $14 million last year.
Goldman Sachs CEO David Solomon views Bitcoin as speculative, adding that it is not a threat to US Dollar, but emphasizes blockchain’s role.
The report comes as tech stocks, led by the Magnificent Seven—think Apple, Microsoft, Google, and their mega-cap friends—take ...
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Alongside record profits, USDT issuer Tether also reported Friday it now holds over $143 billion in reserve assets to back ...
Goldman Sachs CEO David Solomon doesn’t view Bitcoin as a danger to the US dollar and sees its fundamentals as valuable for banks. “I do not think Bitcoin is a threat to the US dollar ...
Capital markets activity — which has run below 10-year averages — should also pick up as business confidence improves ...
Bitcoin (BTC) started the new week on a negative ... expected at 0.3% month-on-month and 3.9% year-on-year. That prompted Goldman Sachs to push out the next interest rate cut to June from March.
"Commodities and gold are the two least effective inflation hedges," Goldman Sachs said in its 2025 outlook. What about bitcoin? Some Wall Street giants like BlackRock see a case for using bitcoin ...
The President has set the “tone at the top” to drive the the crypto and AI industry by supercharging investment, confidence, ...
XRP ( XRP 0.74%), the native token of the Ripple blockchain, has skyrocketed 480% during the past three months. That stunning ...
Goldman Sachs continues to explore blockchain technology while operating within current regulatory constraints, Solomon said. Discussions on a US Bitcoin reserve under the Trump administration ...