Bank of America is preparing for a possible U.S. debt default, says CEO Brian Moynihan. He is not a fan of eliminating the debt ceiling
Read moreJPMorgan CEO Says BTC Is Fraudulent, a ‘Pet Rock;’ Bank of America Says CBDCs Are ‘Natural Evolution’ — Bitcoin.com News Week in Review
JPMorgan CEO Jamie Dimon has reiterated his supposed skepticism of bitcoin, recently calling it a “hyped-up fraud,” and a “pet rock.” For it’s part, Bank
Read moreBank of America: ‘Digital Currencies Appear Inevitable’
Bank of America says “digital currencies appear inevitable,” adding that central bank digital currencies (CBDCs) and stablecoins are “a natural evolution of today’s monetary and
Read moreBank of America Commits to CBDCs, Calls It “The Future of Money”
In a research report on Tuesday, the Bank of America (BoA) said that “Central Bank Digital Currencies (CBDCs) and stablecoins are the… Continue reading on
Read moreGold vs BTC correlation signals Bitcoin becoming safe haven: BofA
Bitcoin’s growing correlations with gold, S&P 500 and Nasdaq 100 indicate that investors see BTC as a “relative safe haven,” BofA strategists wrote.
Read moreZuckerberg’s $100B metaverse gamble is ‘super-sized and terrifying,’ shareholder says
In an open letter, Altimeter Capital’s CEO and founder recommended the tech giant cut its Metaverse investments from $10-15 billion a year to $5 billion.
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