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 moreBitcoin’s Rising Correlation With Gold Indicates Investors See It as a Safe-Haven, Says Bank of America Market Strategists
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
Read moreBank of America’s Survey of Wealthy Americans: Younger People Are 7.5 Times More Likely to Hold Crypto in Their Portfolios
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
Read moreBank of America Predicts US Recession This Year as Inflation Hits 40-Year High
Bank of America has forecasted that the U.S. economy will slide into a recession this year. “A number of forces have coincided to slow economic
Read moreBank of America: Consumer Interest in Crypto Remains Strong
Bank of America’s new report explains that “despite the sharp correction in crypto valuations, consumer interest in the sector remains strong.” The report, which includes
Read moreBank of America: 90% of US Adults Surveyed Plan to Buy Crypto in 6 Months
A new Bank of America survey shows that out of more than 1,000 U.S. adults, 90% plan to buy crypto in the next six months.
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