📌🪙 #GoldManSachs predicts 🪙 gold will reach 💰 $2,700 by early 2025.

🔥 #JPMorgan , #Citi , and #GoldManSachs forecast that the Federal Reserve will cut interest rates by 25-50 basis points in the upcoming announcement next week.

#BiyondDaily - New Short-Term Highs Required

📈 Bitcoin rebounded on positive jobs data, but Friday's payroll report remains crucial.

🏦 Goldman Sachs warns of sharp stock market drop if the report is negative.

📊 Short-term technicals still weak, rallies being sold.

💬 BTC and ETH discussions declining, while AI and memecoins gain traction.

🐳 Rumors of whales instigating altcoin sell-offs.

📉 Daily Active Address Activity at 3-year low.

👀 Private sector jobs report due today, could move markets.

🔑 Monthly pivot point at $57,870, crucial for potential $60,000 push.

💼 Short positions opened near lows, increasing short squeeze potential.

Given these factors, what's your take on Bitcoin's short-term outlook?

#bitcoin☀️ #CryptoAnalysisUpdate #MarketOutlook #GoldManSachs

BREAKING NEWS:
Goldman Sachs to launch three tokenization projects by end of year, says digital asset chief.

#GoldManSachs #Market_Update #MarketInsights #CryptoUpdate #BTC☀

Bitcoin is maintaining stability around the $63,000 mark amidst slow trading conditions, largely attributed to the impending Federal Reserve meeting. Goldman Sachs predicts a rise in stocks, which bodes well for cryptocurrencies, despite the absence of anticipated interest rate cuts. However, Bitcoin spot ETF outflows and substantial cryptocurrency investment product outflows, totaling $435 million, reflect investor caution. Additionally, analysis of short-term holder realized price suggests a critical level at $59,800, with historical data indicating potential price rebounds or corrections based on proximity to this level. Moreover, heightened BTC miner activity, marked by significant Bitcoin transfers to spot exchanges, raises concerns about market imbalance and the potential for profit-taking among miners.

While Bitcoin's stability amid slow trading conditions and potential market imbalance is noteworthy, the analysis underscores the significance of various factors influencing its price dynamics. From impending Federal Reserve decisions to miner behavior and whale activity, the cryptocurrency market remains subject to intricate interplays that shape investor sentiment and price movements. Observations of stock market trends and institutional reports, alongside on-chain data analysis, provide valuable insights into the evolving landscape of cryptocurrency trading and investment.

#Bitcoin❗️ #FEDDATA #GoldManSachs #ETF✅

⚡ Fnality has secured $95M in funding led by Goldman Sachs & BNP Paribas

Fnality, the blockchain fintech company, raised $95M in Series B funding led by Goldman Sachs and BNP Paribas. DTCC, Euroclear, Nomura, WisdomTree, and a bevy of bank-backers also participated. Fnality creates tokenized versions of fiat currency backed by cash held at central banks. in 2019, the firm raised $63M via several rounds backed by BNY Mellon, Nasdaq Ventures, Commerzbank, and others. #fintech #GoldManSachs #Nasdaq #bank

Alert: Goldman Sach HODL BTC

Finally, Goldman Sachs disclosed all their BTC hodling on 13F filling:
$238.6 million iShares Bitcoin Trust (6,991,248 shares)
$79.5 million Fidelity Bitcoin ETF (1,516,302 shares)
$35.1 million Grayscale BTC (660,183 shares)
$56.1 million Invesco Galaxy Bitcoin (940,443 shares)
$8.3 million Bitwise Bitcoin ETF (253,961 shares)
$749,469 WisdomTree Bitcoin (11,773 shares)
$299,900 ARK 21Shares Bitcoin ETF (5,000 shares)

#BuyBTC #BTC #GoldManSachs #InstiutionETF #TodayMarketSentiment

$BTC

Goldman Sachs raised its forecast for the USA to enter a recession in the next 12 months from 15% to 25%. 🇺🇲

#GoldManSachs #usa #recession #FED #SEC

#GoldManSachs reported $418 million in investments in spot #Bitcoin #ETFs as of June 30. #BitcoinETF

...........🚨 NEWS ALERT 🚨............

In a significant move, #GoldManSachs , one of the world’s largest asset managers with $2.8 trillion under management, has laid off 1,300 employees.

This decision marks a critical step in the company’s ongoing efforts to streamline operations and refocus its #BusinessStrategy in a challenging economic environment.

#CryptoMarketMoves #BlackRockETHOptions #TelegramCEO

📢 BREAKING NEWS

........⚠️ ImPoRtAnT........

#GoldManSachs Discloses $418 Million Investment in Bitcoin ETFs, Signaling Institutional Confidence.

Goldman Sachs, the global financial powerhouse managing $2.93 trillion in assets, has disclosed a significant investment in Bitcoin ETFs, totaling $418 million.

The firm's holdings span several major Bitcoin ETFs, including:

#Ishare 's (IBIT): $238.6 million
#Fidelity 's (FBTC): $79.5 million
#InvescoGalaxy ’s (BTCO): $56.1 million
#Grayscale's GBTC: $35.1 million

🚀🚀 This strategic move highlights a growing confidence in the cryptocurrency market among institutional investors. Goldman Sachs' substantial investment in these Bitcoin ETFs reflects a broader trend of traditional financial institutions increasingly embracing digital assets as part of their portfolios.

🔘 As more institutional players enter the cryptocurrency space, the market's maturation and stability are likely to accelerate, potentially paving the way for further mainstream adoption.

(🌐Source: Pensions & Investments Online (pionline.com))

⚡️Top Recent Crypto Fundraising Events

We are excited to present a list of some recent crypto fundraising events, backed by well-known investors such as Goldman Sachs, Blizzard Fund, Fenbushi Capital, CMS Holdings, Samsung Next, Starkware, LongHash Ventures, OKX Ventures, Gate Labs, Foresight Ventures, and others. Let's take a look!

#fundraising #Funding #GoldManSachs

Goldman Sachs is eating its words (and buying $BTC )! 🤑

Who would've thought? The big dogs at Goldman Sachs are now big fans of #BitcoinETFs! They've got over $400 million invested in seven different Bitcoin ETFs. 🤭

This is a major U-turn from their previous "crypto is crap" stance. 💦🤡 Looks like even the biggest banks are starting to see the light when it comes to #BTC . 😎

Invest Responsibly! DYOR! #GoldManSachs

Source: CoinDesk