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BlockBeats News, January 16, Goldman Sachs is exploring opportunities in prediction markets, a move aimed at enabling the investment bank to benefit from this rapidly developing sector focused on betting on real-world events. The company's CEO, Solomon, described prediction markets as "very interesting" and stated that in the past two weeks, he personally met with the heads of two of the largest companies in this field. "We have a team here that is engaging with them and conducting research," Solomon said during the analyst call following the bank's fourth-quarter earnings release on Thursday. The entry of this mainstream Wall Street institution into prediction markets could enhance the legitimacy and trading volume of this loosely regulated but thriving financial niche. Some market-making firms have already joined the race. (Golden Ten Data)

BlockBeats News, January 16th, Goldman Sachs is exploring prediction market opportunities, aiming to enable the investment bank to benefit from this rapidly growing area of betting on real-world events. The company's CEO Solomon called prediction markets "very interesting" and said that he had personally met with the leaders of the two largest prediction market companies in this field in the past two weeks. "We have a team here who is in contact with them and doing research," Solomon said during the Thursday analyst conference call following the bank's release of fourth-quarter earnings. The entry of this mainstream Wall Street institution into the prediction market may enhance the legitimacy and transaction volume of this loosely regulated but thriving financial niche. Some market maker companies have already joined the fray. (Jinse)

Michael Saylor stated that if bitcoin increased by 2% every month without volatility, Warren Buffett would own all the bitcoin.