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Tag: Bank of America

Bitcoin’s Rising Correlation With Gold Indicates Investors See It as a Safe-Haven, Says Bank of America Market Strategists

October 24, 2022 wp-bot Bitcoin News

Amid the economic uncertainty affecting a myriad of countries worldwide, Bank of America Securities market strategists explained in a note this week that the leading

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Conflicting Opinions on Future of US Economy, Bitcoin Added to Guinness World Records, and More — Week in Review

October 23, 2022 wp-bot Bitcoin News

Economist and gold bug Peter Schiff has warned that the United States Federal Reserve’s actions to rein in inflation could lead to a “massive financial

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Report: Bank of America Economist Predicts 20% Devaluation of the Nigerian Currency in 2023

October 21, 2022 wp-bot Bitcoin News

A Bank of America economist, Tatonga Rusike, has said the Nigerian currency is overvalued by as much as 20% and will likely be devalued in

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Bank of America and JPMorgan Say US Economy Is Doing Well, Consumers Are in Good Shape Despite Inflation

October 19, 2022 wp-bot Bitcoin News

Bank of America CEO Brian Moynihan and JPMorgan & Chase CEO Jamie Dimon both agree that the U.S. economy is doing well and consumers are

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Bank of America’s Survey of Wealthy Americans: Younger People Are 7.5 Times More Likely to Hold Crypto in Their Portfolios

October 16, 2022 wp-bot Bitcoin News

Bank of America has found that younger wealthy Americans are 7.5 times more likely to hold crypto in their portfolios than investors aged 43 and

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Rep. Warren Davidson: Stablecoin bill has ‘outside chance’ of finalizing this year

September 23, 2022 wp-bot Cointelegraph

Earlier this week, new draft legislation on stablecoins came to light aimed at “endogenously collateralized stablecoins.”

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