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Tag: Bank of America

Bank of America Is Preparing for Possible US Debt Default, Says CEO Brian Moynihan

February 8, 2023 wp-bot Bitcoin News

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

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JPMorgan CEO Says BTC Is Fraudulent, a ‘Pet Rock;’ Bank of America Says CBDCs Are ‘Natural Evolution’ — Bitcoin.com News Week in Review

January 29, 2023 wp-bot Bitcoin News

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

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Bank of America: ‘Digital Currencies Appear Inevitable’

January 22, 2023 wp-bot Bitcoin News

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

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Bank of America Commits to CBDCs, Calls It “The Future of Money”

January 20, 2023 wp-bot Blockchain, Medium Blockchain

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

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Gold vs BTC correlation signals Bitcoin becoming safe haven: BofA

October 25, 2022 wp-bot Cointelegraph

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.

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Zuckerberg’s $100B metaverse gamble is ‘super-sized and terrifying,’ shareholder says

October 25, 2022 wp-bot Cointelegraph

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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