Bitcoin, the largest cryptocurrency asset could see a significant rise in the coming months as Mike Novogratz, the Chief Executive Officer (CEO) of Galaxy Digital foresees BTC to benefit substantially from the anticipated Federal Reserve cut rates this year. Fed Cut Rate, A Great Set Up For Bitcoin The Federal Reserve has been indicating since […]
In a recent interview, Sharmin Mossavar-Rahmani, the chief investment officer of Goldman Sachs Wealth Management, expressed her skepticism towards cryptocurrencies, including Bitcoin (BTC). Despite the notorious growth in trading volume and institutional adoption of Bitcoin through the approved spot Bitcoin exchange-traded funds (ETFs), Mossavar-Rahmani emphasized that Goldman Sachs does not consider cryptocurrencies a legitimate investment […]
Retail investors have been the primary driving force in the recent rise of Bitcoin and cryptocurrency prices in general. However, institutional investors are now beginning to enter the market, according to Mathew McDermott, the head of digital assets at Goldman Sachs. Bitcoin Rally Cools Down Speaking at the Digital Asset Summit (DAS) conference in London, […]