Reports suggest Goldman Sachs is now offering Bitcoin derivatives

by Aurelia Butler 6 May 2021, 23:20 139 Views

According to Bloomberg Law, last month the investment firm began offering trading with non-deliverable forwards, a derivative tied to the price of Bitcoin (BTC) — roughly $56,000 at the time of publication — for which investors can be paid in fiat. 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 using the crypto trading unit of DRW Holdings, Cumberland.

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Source: Cryptocurrency - investing.com

Peloton says treadmill recall will lower fourth-quarter sales by $165 million

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Reports suggest Goldman Sachs is now offering Bitcoin derivatives

Peloton says treadmill recall will lower fourth-quarter sales by $165 million

Peloton reports sales up 141% as cycle demand remains strong, says it's working to quickly fix treadmills

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