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Goldman Sachs Bitcoin ETF investment actually marks a real turning point right now in institutional crypto investments. The banking giant has invested about $1.4 billion in BlackRock’s spot Bitcoin ETF, and this shows their strong confidence despite the ongoing Bitcoin market volatility that we’ve been seeing. This move also impacts the entire crypto ecosystem, including Shiba Inu and other alternative tokens as well. Also Read: Global Financial Authority IIF Endorses XRP as Swift Alternative for Payments Wall Street Giant’s Historic Crypto Bet: What This Means for SHIB Holders Source: PYMNTS.com You can hardly talk of entry into cryptocurrency market without mentioning Goldman Sachs, the banking power house, which has just stamped its feet into the sector through a massive $1.4 billion investment in BlackRocks spot-Bitcoin ETF, and this was revealed by recent regulatory filings recently announced moments ago. The $1.4B Goldman Sachs Bitcoin ETF Play SEC Form 13F ...

Although we are just two months into the year, geopolitical tension has reached a fever pitch. With the United States adopting an aggressive economic policy, a host of nations are concerned over a brewing trade war. However, it could work out in their favor, as BRICS may be in trouble with experts projecting a potential tariff-driven US dollar surge. Under the direction of US President Donald Trump, the nation is enacting a host of tariffs through new policy. Indeed, it is not only BRICS, as Mexico and Canada have suffered from the new administration’s effort to balance trade. In turn, it could have a positive effect on the US dollar. Source: NY Post Also Read: BRICS: 3 Nations Invited to 2025 Summit Amid Potential Expansion BRICS and Global Market Could See US Dollar Enjoy Tariff-Driven Surge Since his return to the White House, Donald Trump has sought to do away with decorum and delicacy. In an effort to balance the nation’s international standing, Trump had adopted increa...

Last year, Goldman Sachs ’ chief executive David Solomon and crypto exchange FTX ’s founder Sam Bankman-Fried met in the Caribbean to discuss the bank advising the crypto firm. After that, in mid-2022, the investment bank was reportedly in talks with the exchange to integrate some aspects of its derivatives businesses. Now, the tables have completely turned and the partnership talks are non-existent. The crypto exchange collapsed in Q4 2022, mishandling billions worth of user funds. Apart from customers, a host of other entities have been affected too. Just a day back, the FTX creditor list was made public. According to the same, Goldman Sachs was a part of the creditor list to which FTX owed money. Read More: FTX Owes Money to Apple, Binance, Netflix, and More According to New Filings Goldman denies claims The industry has been trying to distance itself from FTX for quite some time. A spokesperson for the investment bank recently told Blockworks ...