Bank of America


Finance

Bank of America Says Blockchains Have Intrinsic Value, Citing Transaction Fees

The bank's report, however, noted that the fees on the Bitcoin and Ethereum chains have fallen this year.

Blockchain transaction fees are a sign that blockchains have intrinsic value, a Bank of America report said. (Károly Meyer/Pixabay)

Markets

Bank of America Customers’ Crypto Activity Slowed as Market Slid

Almost 70% of the U.S. population hasn't invested in or isn't interested in investing in cryptocurrencies, the bank said.

woman sliding, falling on snow. (Pezibear/Pixabay)

Finance

Bank of America Says 'Crypto Winter' Concerns Haven't Frozen Investor Interest

Blockchain technology is the most significant evolution of software since the internet, the report said.

El invierno de las criptomonedas no ha conseguido frenar el entusiasmo de los inversores por la tecnología blockchain. (Ina Hoekstra/Pixabay)

Finance

Bank of America Survey Shows Consumers Aren’t Done With Crypto Yet

Results show growing interest in the use of cryptocurrencies as a payment method

BofA

Markets

BofA Says Crypto Winter, Contagion Risk Concerns Are Overdone

The collapse of the Terra network was due to prioritization of mass adoption over price stability, the bank said.

winter_glove_snow_Shutterstock

Policy

FDIC Asks All Banks to Report Crypto Activities

All FDIC-supervised institutions have been asked to provide the federal banking regulator with information about their “crypto-related activities.”

(Andrew Harrer/Bloomberg via Getty Images)

Finance

BofA Initiates Coverage of Silvergate With ‘Buy’ Rating, Sees 50% Potential Upside

The crypto bank is one of the best positioned companies to benefit from the expanding use of stablecoins, the report said.

bofa

Markets

Chainlink's Total Value Secured Expansion Isn’t Matched by LINK Token’s Growth

The disconnect may reflect a number of issues, including market saturation, according to a Coinbase report.

SWITCHING CHAINS: Kin may soon be powered by the Solana blockchain. (Credit: Shutterstock)

Videos

Bank of America: No Crypto Winter Given User Adoption, Developer Activity

Recent analysis from Bank of America indicated that amid increasing concerns of inflation and growing user adoption in the cryptocurrency space, a “crypto winter” is not likely to take place. “The Hash” discusses this thesis, looking at institutional adoption, the magnification of the NFT marketplace, and the use cases for crypto as seen in El Salvador, Canada, and now Ukraine. 

Recent Videos

Markets

Bank of America Sees No Crypto Winter Given User Adoption, Developer Activity Growth

Still, crypto market upside will likely be limited for the next six months by Fed tightening and macro headwinds.

(Shutterstock)

Pageof 11