BofA report shows that crypto inflows surged to $2.4 billion this week, doubling from the previous week, fueled by increased interest in Bitcoin ETFs. Genesis obtained approval to sell 35…
Browsing: Bank of America
Major banks like Bank of America and Wells Fargo now offer clients access to Bitcoin ETFs, reflecting the growing acceptance of cryptocurrency in traditional finance. Investment platforms like Fidelity and…
Bank of America said that there’s still some uncertainty over the regulatory framework of the crypto space, even after the Ripple court ruling. Ripple expects banks to start engaging with…
Bank of America will allocate $100 million towards restitution for affected consumers and pay $150 million in civil penalties. Coinbase CEO Brian Armstrong responded to a tweet where someone mentioned…
Ripple CEO says BofA waiting for the SEC case conclusion to start using its ODL product. Ripple has been remarkable progress in bringing its ODL service to new markets in…
The BoA report shows that blockchain technology and the cryptocurrency ecosystem will remain with us for the foreseeable future. Many Millenials are investing in crypto than other forms of investments.…
Analysts at Bank of America say that the issuance of a U.S CBDC is an inevitable evolution of money and expect it to launch between 2025 and 2030. They say…
Looking at Solana’s transaction speeds, the BoA analyst is pretty confident that it will lead the payments market going ahead. The analyst remains confident that Solana will overcome its decentralization…
Bank of America has formed a crypto research team owing to the high demand for crypto exposure from clients. The bank joins many other giant US banks that have had…
The Bank of America listed four potential benefits with El Salvador’s adoption of Bitcoin as a legal tender. The bank explained that “using Bitcoin for remittances could potentially reduce transaction…