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Bank of America
Bank of America CEO Says Bank Will Likely Launch Its Own Stablecoin
The United States Congress said that it would push to pass legislation on stablecoins in the first 100 days of the Trump administration.
Bank Clients Just Dipped Their Toes Into Bitcoin ETFs, but Q4 Could See a FOMO Spike
The most recent batch of 13F reports filed by institutional investors was uneventful alongside bitcoin's price action during the third quarter.
Coinbase Upgraded to Neutral From Underperform at Bank of America on Positive Crypto Market Dynamics
The current macro backdrop has been positive for crypto market cap growth and trading volumes, the report said.
Bank of America Predicts PayPal’s Stablecoin Unlikely to Be Used Widely Anytime Soon
The launch of PayPal’s (PYPL) stablecoin PayPal USD (PYUSD) will drive payments efficiencies and an improved customer experience, but adoption of the cryptocurrency is unlikely to be significant in the near term, Bank of America said in a research report on Thursday. "The Hash" panel discusses the outlook for PYUSD and why this is a project to watch.
PayPal’s Stablecoin Not Likely to Be Used Widely Anytime Soon: Bank of America
Longer term, the bank sees much more competition for the token.
Coinbase CEO Brian Armstrong Asks Twitter Followers if Their BofA Accounts Were Closed Because of Crypto Transactions
The Coinbase CEO created a Twitter poll posing the question, and a whopping 9% of respondents said “yes.”
Crypto Market Near-Term Upside Is Likely Capped: Bank of America
The bank expects digital asset trading volumes to remain subdued, with retail investors remaining on the sidelines.
Tokenization of Real-World Assets a Key Driver of Digital Asset Adoption: Bank of America
The tokenized gold market reached over $1 billion in value last month, the report said.
Here Is What Institutions Are Saying About Ethereum's Shanghai Upgrade
The upgrade, scheduled for later Wednesday, will enable validators to withdraw staked ether.
Ethereum’s Shanghai Upgrade Only a Small Step Forward: Bank of America
The blockchain’s likely inability to increase throughput in the short term and increasing competition from alternative networks will constrain its adoption and usage, the report said.