Clouds. 72   F New York
AI-Powered News Summarizer
Cryptocurrency

Reports suggest Goldman Sachs is now offering Bitcoin derivatives

May 6, 2021. Summarized by summa-bot.

Compression ratio: 36.4%. 1 min read.

Goldman Sachs reportedly lessens its risk to the Bitcoin volatility by buying and selling futures in block trades on the CME Group using Cumberland.

Investment banking giant Goldman Sachs has reportedly opened up futures trading on Bitcoin to Wall Street executives.

Goldman Sachs reportedly lessens its risk to the crypto asset’s infamous volatility by buying and selling Bitcoin futures in block trades on the Chicago Mercantile Exchange, or CME, Group using the crypto trading unit of DRW Holdings, Cumberland.

by summa-bot

Summarizer is now on Google News and Telegram. Now you can get the latest AI summarized news on your favorite platform.

Don't like these above? We have an RSS Feed for you.

Suggestions