Tag: Bank of America
Market News
We’ll Get At Least Two Federal Reserve Rate Cuts This Year, US Banking Giants Say
Banking giants like BoA and Goldman Sachs now expect multiple Federal Reserve interest rate cuts this year, amid weak jobs data. Interest rate cuts are...
Exchange News
B of A: Coinbase Will Have a Tough Time in 2023
Despite a recent hike in its stock price, Coinbase is allegedly scheduled to underperform in 2023 according to a new report issued by Bank...
Altcoin News
Bank of America Has High Hopes for Solana
Solana has caught the attention of Bank of America. In a recent statement, the financial giant stated that it feels Solana has what it...
Bitcoin News
Bank of America: There Are Benefits to El Salvador Accepting BTC
As previously reported, El Salvador has become the first country in history to declare bitcoin legal tender. Several financial institutions – such as the...
Bitcoin News
Bank of America Survey Suggests Fund Managers Aren’t Crazy for BTC
According to a new survey unveiled by Bank of America, fund managers still do not trust bitcoin and see it as a major bubble...
Bitcoin Mining
Mike Coyler Thinks Renewable Energy Can Play a Role in BTC’s Future
Bitcoin has been taking a lot of guff in that it allegedly leaves behind a serious carbon footprint. Many new reports have emerged over...
Bitcoin Mining
Bank of America Condemns Bitcoin for Its Alleged Energy Use
There is a long-lasting argument in the world of crypto that bitcoin is somehow negative for our environment. That it utilizes too much electricity,...
Bitcoin News
Bank of America Suggests There’s No Good Reason for Owning BTC
Bank of America is clearly no fan of bitcoin. In a recent statement, the financial giant claimed that the only reason people were buying...
Blockchain Technology
BoA: Microsoft, Amazon to Benefit from Eventual $7 Billion Blockchain Market
Bank of America (BoA) has estimated that the blockchain could become a $7 billion market, benefitting companies such as Amazon and Microsoft.Blockchain to Benefit...
Blockchain Technology
HSBC and Bank of America Demonstrate First Successful Implementation of Blockchain in Trade Finance
Two of the largest international banks HSBC and Bank of America Merrill Lynch in collaboration with the Infocomm Development Authority of Singapore, have successfully...
Bitcoin News
Blockchain Tech for Banking — 13 More Banks Join the Coalition
The international banking sector has been exploring the possibility of using blockchain technology for fund transfer and other operations. Many banks are already invested...
