Posted on

Why Everyone Is Happy With Goldman Sachs’ New CEO

Following the retirement of Lloyd C. Blankfein and the appointment of new CEO David Solomon at the financial giant Goldman Sachs, a run in the crypto markets may be the next big step.

While outgoing chief Lloyd cannot be called a crypto critic, he has shown a certain disinterest. Despite saying that it would be “arrogant” of anyone to think that cryptocurrencies will fail, he also mentioned in the video that he would never say that cryptos are useless simply “because it is not comfortable with him or due to the fact that it is unfamiliar.”

To say that Lloyd’s opinion has affected the company’s approach on dealing with cryptocurrencies may not be entirely correct, but when he leaves the Goldman Sachs desk on 30th September, the company can finally come under the reins of a crypto lover and maybe have a significant impact on the markets.

Goldman Sachs CEO

A Beneficial Influence

David M. Solomon, incoming CEO, has shown over time that he is proactive and ever ready to deal with cryptocurrencies. In his current position as President, Solomon had told Bloomberg in June that,

“We (Goldman Sachs) are clearing some futures around bitcoin, talking about doing some other activities there, but it’s going very cautiously. We’re listening to our clients and trying to help our clients as they’re exploring those things too.”

When he assumes office on 1st October, Mr. Solomon would have the chance to enjoy a more steady Goldman Sachs ship than what the outgoing chief Blankfein did. Experts believe he would have the passion and drive to bring the company, a top leading global investment corporation to the crypto markets.

How this could affect bitcoin and crypto prices is a question that only time would answer, but right now only one thing is sure, the odds of Goldman Sachs bringing institutional money to the markets has been slashed.

Looking further into the future, other multinational corporations such as Blackrock who have declared interests in the crypto and blockchain space could become big players with Goldman Sachs leading the pack. According to a recent report, Blackrock  has set up a team of researchers to investigate how the company can benefit from the fast-growing crypto market. These are positive signs that there are happy times ahead for everyone, and the crypto space is only getting bigger.

The post Why Everyone Is Happy With Goldman Sachs’ New CEO appeared first on CryptoPotato.

Posted on

John McAfee Says Bitcoin Bull Market is Coming – Get Prepared for a ‘Volcanic Eruption’

John McAfee, the important cryptocurrency figure, thinks that the next bull run will be as strong as the ‘eruption of Krakatoa.’ On July the 17th, Bitcoin registered one of the… Continue reading “John McAfee Says Bitcoin Bull Market is Coming – Get Prepared for a ‘Volcanic Eruption’”

The post John McAfee Says Bitcoin Bull Market is Coming – Get Prepared for a ‘Volcanic Eruption’ appeared first on .

Posted on

Neufund, Malta Stock Exchange, and Binance to build security token exchange

Neufund, a Berlin based blockchain protocol for tokenized securities and issuance today announced its collaboration with MSX, an innovation vehicle of the Malta Stock Exchange (MSE), and a partnership with Binance, one of the biggest cryptocurrency exchanges.

Neufund, Malta Stock Exchange, and Binance to build security token exchange

Posted on

Bamboo

Automatically round up your daily transactions and invest it into your chosen cryptographic assets. Microinvestment lets you make regular, small contributions to your portfolio. It is a high impact, low cost way to participate. You’re in control at all times: choose the size of the roundup, and even make one off or scheduled deposits.

Posted on

Jupiter Chain – Utilizing Blockchain Technology to Transform How an Individual’s Data is Used

Jupiter Chain, a Singapore-based data exchange platform, is set to change the way our data is handled, shared and monetized using blockchain technology. A smart, consentable data exchange, Jupiter Chain allows for data exchanges…

Jupiter Chain – Utilizing Blockchain Technology to Transform How an Individual’s Data is Used