Tag: bank of america

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.

Jul 08 2021

Jun 17 2021

81% Of Fund Managers Believe Bitcoin Is In A Bubble, New Bank Of America Survey Shows

According to the most recent Bank of America Global Fund Manager Survey, “long bitcoin” is currently the second most popular trade. Furthermore, the majority of investment managers feel Bitcoin is a speculative bubble and agree with the Fed that inflation is just temporary. Fund Managers Believe Bitcoin Is In a bubble This week, Bank of America (BofA) revealed the results of its June...

Jun 08 2021

Chief Investment Officers Don’t Really Like Bitcoin, Goldman Sachs Survey Reveals

Bitcoin (BTC) is the least favored investment among chief investment officers (CIOs), according to a recent survey by Goldman Sachs. Goldman Sachs Survey Reveals Negative Sentiment Two roundtable discussions for chief investment officers of hedge funds were recently hosted by investment bank Goldman Sachs. According to the bank, bitcoin is their least preferred investment. The most crowded trade, according to the latest Bank...

May 18 2021

BOA Report says Kimchi Premium Result of Capital Flow Control

Kimchi premium, the Bitcoin price difference between the international market and the South Korean market rose to $4,000 yesterday after a red crypto day. A recent Bank of America report suggests that the Bitcoin price premium in the Korean market is a result of capital flow control put by the government. At present, the purchases The post BOA Report says Kimchi Premium Result...

May 17 2021

Mar 27 2021

Bank of America Criticizes Bitcoin for Its Supposed Shortcomings

Bank of America analyst Francisco Blanch recently criticized some of of the negatives he sees with Bitcoin, the world’s largest cryptocurrency. He believes Bitcoin cannot function as a haven against inflation, and isn’t a store of value.

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