Bank of America has outlined some benefits to be had from adopting bitcoin as legal tender in El Salvador. The opportunities include low-cost remittances, financial
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Bank of America Establishes Cryptocurrency Research Team
Bank of America has become the latest major bank to make a foray into the cryptocurrency sector. According to an internal memo, the bank has
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Bank of America, Citigroup, Wells Fargo Unveil Their Cryptocurrency Policies
Bank of America, Citigroup, and Wells Fargo have shared their policies regarding cryptocurrency before the U.S. Senate banking committee. The three banks are in different
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Bank of America Survey: ‘Long Bitcoin’ Is Most Crowded Trade, 75% of Fund Managers See BTC as Bubble
The most recent Bank of America Fund Manager Survey finds that the most crowded trade is “long bitcoin.” Nonetheless, 75% of fund managers say the
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Bank of America Survey: 74% of Fund Managers See Bitcoin as a Bubble
The most recent Bank of America Fund Manager Survey shows that about three out of four professional investors think that bitcoin is a bubble. The
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Bank of America Says the Only Good Reason for Holding Bitcoin Is ‘Sheer Price Appreciation’
Bank of America sees no good reason to own bitcoin other than “sheer price appreciation.” The firm’s strategists found that the cryptocurrency’s “inflation hedging benefits
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