Tag: bank of america

Sep 22 2022

US Banks Are Unable to Completely Finance Crypto Miners

At a congressional hearing on Wednesday, the heads of major US Banks like Citigroup, Bank of America, and Wells Fargo were questioned. Leading American banks' executives announced on Wednesday that they have no plans to provide financing for cryptocurrency miners. During a hearing of the House Financial Services Committee, Rep. Brad Sherman (D-Calif.), a critic […] The post...

Aug 27 2022

Merge: Ether Volatility Continues

Aug 27 2022 Published at Coinscreed under tags  bank of america blockchain ether news

In a research note, the bank told clients that investors want to know more about The Ether Merge and its meaning. Bank of America said in a note on Friday that the rise in the price of Ether (ETH) from mid-July to mid-August may continue to fade as investors try to figure out what the […] The post Merge: Ether Volatility Continues appeared...

Mar 24 2022

Ethereum (ETH) Market Cap Flips MasterCard and Bank of America

Mar 24 2022 Published at Coingape under tags  bank of america ethereum ethereum news news

With the crypto market enjoying a little bit of a green run in recent days, flagship digital assets like Bitcoin and...

Jan 08 2022

Here is why Ethereum’s dominance in DeFi is falling

Ethereum is undoubtedly the leading blockchain in DeFi, but this could be about to change as analysts at JPMorgan have noted that the dominance of the asset in the space could already be fading. According to the analysts, the rise of smart contract-enabled protocols like Terra, Avalanche, and Solana have shown that the lead of Ethereum is not absolute in DeFi. These...

Dec 03 2021

Bank of America now says the crypto metaverse is a ‘massive opportunity’

A strategist at the Bank of America, Haim Israel, in a recent interview has declared that the new buzzword in the crypto space, Metaverse, holds a lot of potential for the crypto industry and it could be the niche that would drive the global adoption of the space....

Nov 03 2021

Crypto jobs markets gets boost as Wall Street bumper pay to attract talent

With the realization that crypto would play an invaluable role in the evolution of the financial landscape, some of the leading financial institutions in the world are now paying top dollar to recruit top crypto talents into their folds. Crypto specialists are in high demand A recent Bloomberg...

Oct 12 2021

NFT Updates | Bank of America Evaluate DeFi and NFTs | Oct Week 2

Every week, there are NFT updates that you can't miss. Therefore, Altcoin Buzz has compiled the top NFT updates from the second week of October to keep you informed. The nonfungible tokens (NFTs) space was exciting the previous week with a series of activities. During the week, Animoca urged NFT creators to use digital art in...

Oct 06 2021

Bank Of America: Bitcoin And Cryptocurrencies Are Too Large To Ignore

The big bank released its first research report on Bitcoin and cryptocurrencies but missed the larger picture.Bank of America (BofA) launched its digital asset research with the publication of a report entitled "Digital Assets Primer: Only the first inning."Bitcoin and cryptocurrencies are "too large to ignore," wrote BofA strategists. "Our view is that there could be more opportunity than...

Aug 06 2021

News From El Salvador, Early August: Optimism, Donations, And Meetups

The outpour of Bitcoin-related news from El Salvador, AKA Bitcoin Country, slowed down. It’s the calm before the storm. The Bitcoin Law goes into effect in September. Nevertheless, things are happening and Bitcoinist is here to report on them. Who else but us reports on the little things that add up and end up changing the world? Nobody else in the crypto-space, that’s...

Aug 02 2021

Bank Of America Sees Four Upsides In El Salvador’s Bitcoin Adoption

Bank Of America has said that it sees how El Salvador's adoption of Bitcoin could help the Island country. President Bukele Agrees With Bank Of America President Nayib Bukele of El Salvador, a Central American country, tweeted yesterday screenshots of a Bank of America economic outlook report (BofA). Along with...

Bank Of America Sees Opportunities With El Salvador’s Bitcoin Adoption

BofA sees four upsides to Bitcoin adoption in El Salvador, including remittances, financial digitalization, and foreign investments.Nayib Bukele, President of the Central American country El Salvador, tweeted yesterday screenshots of an economic viewpoint report by the Bank of America (BofA). Along with detailing why the bank is constructive...

Jul 21 2021

Bank Of America Endorses Crypto Trading For Clients

A CoinDesk report revealed that Bank of America had reportedly started offering crypto trading to some select customers. The report stated that Bank of America’s prime brokerage unit had begun the clearing and settlement of crypto exchange-traded products (ETPs)....

Jul 17 2021

Top‌ ‌Crypto‌ ‌News:‌ ‌07/17

After making a daily low of $31,217, Bitcoin is now trading at $31,754.81. Moreover, Bitcoin is testing the key support area of $31,000 for the past two days. If the BTC price slips below $30,000, then BTC/USDT pair could slump to $28,000 and $27,000 range. Meanwhile, the second-largest cryptocurrency, Ethereum, is trading close to $1,891. Let’s explore some interesting crypto news in detail...

Top Crypto News: 07/17

After making a daily low of $31,217, Bitcoin is now trading at $31,754.81. Moreover, Bitcoin is testing the key support area of $31,000 for the past two days. If the BTC price slips below $30,000, then BTC/USDT pair could slump to $28,000 and $27,000 range. Meanwhile, the second-largest cryptocurrency, Ethereum, is trading close to $1,891. Let’s explore some interesting crypto news in detail...

Bank of America Clients Can Now Trade Bitcoin Futures

Bank of America (BoA) one of the largest banks in the United States, is now allowing clients to trade Bitcoin futures. This is one of the first institutions […]

Jul 16 2021

Just-In: America’s Second Largest Bank Opens Bitcoin Futures Trading

The second-largest bank in the US, Bank of America, is reportedly allowing its clients to invest in the Bitcoin Futures market. A recent report from Coindesk suggests that many investors are setting up their Bitcoin futures trading account while a couple might have gone live already. The US banking giant had also announced a crypto The post Just-In: America's Second Largest Bank Opens...

Jul 10 2021

Jul 09 2021

Bank of America Forms Crypto Research Team

Bank of America Corp. has assembled a new team of experts to study cryptocurrencies, led by Alkesh Shah. Bank Of America Puts Together Crypto Team According to a report from Bloomberg on Thursday, Bank of America has formed a cryptocurrency research team...

Bank of America Plans to Address Growing Cryptocurrency Interest

North Carolina-based bank has created a dedicated research team to study cryptocurrency assets.

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