Goldman Sachs, JPMorgan Predict Euro-Area Recession
Global investment banks Goldman Sachs and JPMorgan have predicted an imminent recession in the euro area. “The risks to our forecast are skewed toward a sharper recession in the event…
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Coinbase Reportedly Facing SEC Probe for Listing Unregistered Securities
Coinbase, the U.S.-based cryptocurrency exchange, is reportedly facing a probe from the Securities and Exchange Commission (SEC) over the listing of several crypto assets on its platform. The investigation, according…
Celsius pays down 143M in DAI loans since July 1
The crypto lender’s liquidation price on its Bitcoin loan has dropped to less than $5,000, according to DeFi industry data.
Crypto Biz: Coinbase downgraded, 3AC deemed insolvent and Michael Saylor buys the dip
Coinbase, Three Arrows Capital and MicroStrategy headline the latest business news from the world of blockchain.
Celsius Stories Littered With ‘People Familiar With the Matter’ Sources, Report Claims Lender Struggles With Arguments Over Bankruptcy
The embattled crypto lending platform Celsius has kept withdrawals and transfers frozen since June 12 and told the Celsius Network community that the “process will take time.” Since then, Celsius…
Goldman Sachs Downgrades Coinbase to Sell Rating — Analyst Says Firm Needs to Make Cost Base Reductions
Analysts from the multinational investment bank and financial services company Goldman Sachs Group Inc. have downgraded Coinbase Global Inc. in a note to investors on Monday. Today, Coinbase shares are…
Goldman Sachs downgrades Coinbase stock to ‘sell’
The United States cryptocurrency exchange has seen its stock price plunge in lockstep with Bitcoin, Ether and the broader digital asset market.
Goldman Sachs Reportedly Downgrades Coinbase’s Stocks to ‘Sell’ as COIN Drops 9% Daily
The multinational investment giant – Goldman Sachs – reportedly recommended selling Coinbase (COIN) stocks is a better option than holding or buying them at the moment. As a result, shares…
Report: Goldman Sachs Looks to Buy Distressed Assets From Celsius, Crypto Lender Seeks Restructuring Advice
After the crypto lending platform Celsius halted operations on June 12, at 10:10 p.m. (ET), two days later the Wall Street Journal (WSJ) quoted “people familiar with the matter” who…
Goldman Sachs Aims to Raise $2B to Buy Celsius’ Crypto Assets at a Discount: Reports
If the situation with Celsius worsens any further and the company has to file for bankruptcy, Goldman wants to be ready to buy up crypto assets at a discount. As…
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