bank of-america

CDCROP: Red light (Shutterstock)
Bank of America Says Regulation Is Key for Mainstream Adoption of Crypto
Despite the correction in cryptocurrency markets, the development of blockchain technology has accelerated, a report from the bank said.
CDCROP: Red light (Shutterstock)

CDCROP: Downgrade spiral staricase going down downwards (Unsplash)
Bank of America Downgrades Crypto Exchange Coinbase to Neutral in FTX Aftermath
The bank had rated the shares at buy. It cut its price target to $50 from $77.
CDCROP: Downgrade spiral staricase going down downwards (Unsplash)

CDCROP: Dice rolling gambling gamble (Unsplash)
Las criptomonedas continúan actuando como activos de riesgo, según el Bank of America
Ether continúa cayendo mientras los inversores cambian a un enfoque de “esperar y ver” en lo que se refiere a futuras actualizaciones, confirmó el banco en un informe de investigación.
CDCROP: Dice rolling gambling gamble (Unsplash)

CDCROP: Dice rolling gambling gamble (Unsplash)
Bank of America Says Cryptocurrencies Continue to Act as Risk Assets
Ether continues to slide as investors shift to a wait-and-see approach regarding future upgrades, the bank said in a research report.
CDCROP: Dice rolling gambling gamble (Unsplash)

CDCROP: Equilibrium (Shutterstock)
Crypto Exchange Binance to Benefit From Increased Supply of Its Own Stablecoin, BofA Says
The automatic conversion of other stablecoins could increase the supply of binance USD by $908 million, the bank said.
CDCROP: Equilibrium (Shutterstock)

Los inversores cripto están rotando hacia las criptomonedas estables en lugar de activos más volátiles. (Jan van der Wolf/Pexels)
Impulso de compra de criptomonedas se disipa a medida que inversores consideran riesgo de recesión
La posibilidad de una Reserva Federal más agresiva y de que las tasas de interés se mantengan altas durante más tiempo no han sido consideradas del todo para los activos de riesgo, dijo el Bank of America.
Los inversores cripto están rotando hacia las criptomonedas estables en lugar de activos más volátiles. (Jan van der Wolf/Pexels)

roundabout traffic sign surrounded by circle design
BofA: Crypto Buying Momentum Fades as Investors Weigh Bear Market Bounce, Recession Risk
The chance of a more hawkish Federal Reserve and the likelihood of interest rates staying higher for longer hasn't been fully priced into risky assets, the bank said.
roundabout traffic sign surrounded by circle design

CDCROP: icy road ((Monicore/Pixabay)
BofA: Coinbase Exchange Is Well Positioned to Take Market Share During This Crypto Winter
JPMorgan is less optimistic than Bank of America about the company in the near term, saying Coinbase's near-term outlook is “still grim.”
CDCROP: icy road ((Monicore/Pixabay)

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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.
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woman sliding, falling on snow
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