Goldman Sachs clients show interest in cryptocurrencies again Institutional clients of Goldman Sachs' Asia-Pacific division are showing renewed interest in bitcoin, Ether and others #criptoactivos .
Goldman Sachs clients have apparently shown interest in cryptocurrencies again; its appetite has been renewed following the approval of spot bitcoin exchange-traded funds $BTC .
Max Minton, head of digital assets at Goldman Asia-Pacific, said many of his firm's biggest clients had recently started participating in the #Criptomonedas sector or were "looking into doing so," according to a Bloomberg report from March 24th.
Minton added that much of the increased appetite for cryptocurrencies is due to the approval of ten new bitcoin ETFs in the United States in January, which saw crypto assets becoming a more integral part of traditional markets.
“The recent approval of #ETFbitcoin has caused a resurgence of interest and activities from our clients.”
Minton explained that most of the new demand is coming primarily from Goldman's existing clients through his firm's options and futures offerings, with hedge funds being the most involved among his clients.
Goldman Sachs declared a record $2.8 trillion in assets under management at the end of 2023.
Notably, Goldman does not currently offer any spot cryptocurrency products to its clients, despite having launched its first crypto trading desk in 2021. The desk only provides exposure to crypto derivatives, including bitcoin and Ether options and futures $ETH
"It was a quieter year last year, but we've seen an uptick in customer interest in onboarding, pipeline and volume since the start of the year," Minton said.
According to our average Ethereum price forecast, we expect the price of Ethereum to reach $6,500 in 2024, a 61.75% increase on today's price of $4,018.52. With the bull market expected to peak in Q4 of 2025, our 2025 Ethereum price prediction estimates a high of $10,700, a 166% increase on today's price.
Price of ETH today. The live price of Ethereum is $ 3,652.65 per (ETH / USD) with a current market cap of $ 438.61B USD. 24-hour trading volume is $ 19.61B USD. ETH to USD price is updated in real-time. Ethereum is -1.22% in the last 24 hours with a circulating supply of 120.08M. #HotTrends #ETH #MarketLiveUpdate #fahadcreator $ETH
For me, the position looked as confident as possible. There was a breakdown in the first half, a gap block formed. But, unfortunately, the market decided differently and inverted this fvg and continued to fall further.
Now we are trading at another block, which formed in the lower half. But there is still no reaction from the buyer, I assume that we will go even lower
Now I advise you not to rush into opening positions, since alta looks as weak as possible to me. I think there will be another squeeze down by 15-20%
In turn, I suggest you do an analysis of some altcoins, maybe you are sitting in a position and don’t know where to close or what will happen next. So write in the comments, we’ll figure it out together. #HotTrends #BLURAnalysis #fahadcreator $BLUR
🔴Coin #Dogecoins is one of the best meme coins. The levels are the best🚀🚀 The live Dogecoin price is $0.177724 per (DOGE/USD) and has a current market cap of $25.49B USD. The 24-hour trading volume is $3.38B USD. The price of DOGE against USD is also updated in real time. The price of Dogecoin has changed by +3.16% in the last 24 hours. The current value of currencies available for trading in the market is 143.40B.
In the whimsical realm of cryptocurrency, February 2024 unfurled a spectacle of soaring values for both Dogecoin (DOGE) and Shiba Inu (SHIB), spurred on by a resurgent Bitcoin (BTC) and a euphoric market rally.
DOGE, the endearing canine-inspired coin, wagged its digital tail with a remarkable 90.67% surge over the past seven days. Currently fetching a respectable $0.1812, DOGE proudly holds its place as the seventh most traded cryptocurrency, basking in a trading volume crescendo of $7.82 billion—its highest dance since the crypto fever of 2022.
In this bullish frolic, analysts don their crystal ball veils. Some foresee DOGE gracefully consolidating its gains, while bearish whispers hint at a potential dip to $0.15 before it unfurls its next bullish chapter.
Meanwhile, Shiba Inu (SHIB), the spirited underdog in the meme coin race, barked up the price charts to a spirited $0.00003987. Seizing the 11th spot in market cap rankings, just a hair's breadth behind DOGE, SHIB has orchestrated a daily trading volume crescendo of 224.20%, boasting a whopping $13.57 billion. This spirited surge places SHIB as the world's fifth most-traded cryptocurrency and the reigning monarch of the meme coin kingdom.
The question echoing in the digital corridors is whether SHIB, the challenger, can surpass the reigning DOGE in the future. As the markets oscillate between optimism and uncertainty, the altcoin community watches with bated breath.
In this whimsical carnival of crypto, where new entrants in the meme coin circus are gaining traction, altcoin enthusiasts, donned in moon boots, eagerly await the unfolding chapters of this crypto fable.$SHIB $DOGE
#TrendingTopic #Shibarium #DOGE🔥🔥 #BTC #SHIBA✅🚀
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