Tag: bank of america

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.

Mar 19 2021

5 Key Takeaways From Bank of America’s Bitcoin Report

Mar 19 2021 Published at Crypto Briefing under tags  bank of america bitcoin business

While Citibank praised Bitcoin's potential, analysts at Bank of America published a damning indictment of the biggest cryptocurrency. They do, however, see much more promise in DeFi. Bank of America Bearish on Bitcoin...

Bitcoin Is Extremely Sensitive to Increased Dollar Demand, Says BOA

The cryptocurrency is currently trading near $58,000 with a market cap of $1.09 trillion.

Feb 10 2021

Anti-Privacy Regulations Pose Risks for Crypto Investors, Bank of America Says

Cryptocurrencies "challenge the ability of governments to levy taxes and to control capital flows more broadly," the report says.

Jan 19 2021

Bitcoin Becomes Most-Crowded Trade After Passing ‘Long Tech’: Bank of America Survey

Jan 19 2021 Published at CoinDesk under tags  bank of america bitcoin markets news surveys

Bank of America's January survey of fund managers indicated bitcoin is now seeing the most capital inflow.

Nov 18 2020

Bitstamp Wants to Subpoena Citibank, Bank of America

The dispute between the exchange and its payment processor is affecting client withdrawals.

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