Welcome to Crypto Insider, Business Insider's roundup of all the bitcoin and cryptocurrency news you need to know today. Sign up here to get this email delivered direct to your inbox.
CRYPTO INSIDER: Goldman Sachs will soon trade bitcoin-linked products
The Wall Street investment bank will soon start trading bitcoin futures with its own money for its clients, according to the New York Times. It will also offer so-called non-deliverable forwards, another type of derivative product which the bank will create.
Bitcoin got a boost Thursday following a New York Times report that said Goldman Sachs will begin trading products linked to bitcoin.
The Wall Street investment bank will soon start trading bitcoin futures for its clients, according to the New York Times. It will also offer so-called non-deliverable forwards, another type of derivative product which the bank will create.
Should the bank get approval from the necessary regulators, it would trade bitcoin.
Here are the current crypto prices:
In the news:
- Bitcoin pops after report Goldman Sachs will start trading products linked to crypto
- Coinbase makes a key hire for a product aimed at luring Wall Street into the crypto market
- Hot crypto company Blockchain is opening in San Francisco after acquiring a small app building shop
- Reddit's CTO is hoping to bring back crypto payments to the site
JOIN OUR PULSE COMMUNITY!
Eyewitness? Submit your stories now via social or:
Email: eyewitness@pulse.ng