We kept reiterating that Goldman Sachs has been bullish on bitcoin aggressively exploring Blockchain technology for financial transactions and trade infrastructure and foresees Bitcoin "Broadly Heavy".

It was stated in the past also that the hedge funds clients have apparently appealed Goldman Sachs’ chief technician to instigate casing cryptocurrencies, majorly on account of the meager presentation of hedge funds.

The CEO of Goldman Sachs, Lloyd Blankfein has disagreed skeptics adverse belief on Bitcoin and cryptocurrency that they unlikely to prosper.

While David Solomon, the Chief Operating Officer has recently stated that the company is already assisting clients in publicly-traded derivatives such as BTC futures and that the company is “very cautiously” considering “some other activities” in the field.

We are "evaluating the specifications and risk attributes for the Bitcoin futures contracts as part of our standard due diligence process," Tiffany Galvin, the Goldman Sachs spokeswoman said. Interactive Brokers Group would be in need of 50% margins and shorting would not be allowed.

Blocktower Capital has expanded yet again in the form of head hunting the executive ranks at Goldman Sachs as the migration from Wall St. to crypto land continues.

Cryptocurrency hedge fund BlockTower Capital keeps scooping up talent from Goldman Sachs, as Wall Streeters continue to flee big banks in favor of bitcoin firms.

Steve Lee, a former portfolio manager at Goldman’s Asia division as part of its asset management unit, is one of the latest hires by the Connecticut-based hedge fund, which was co-founded by a former Goldman vice president, a person familiar with the matter told Business Insider.

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