Bank of America has initiated coverage of Coinbase Global. The bank has identified several factors that could boost Coinbase’s revenue. Regarding the crypto exchange’s plan
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Bank of America: Bitcoin Now 3rd Most Crowded Trade After Tech Stocks and ESG in New Fund Manager Survey
Bank of America’s latest global fund manager survey shows that “long bitcoin” is now the third most crowded trade. The most crowded trade is now
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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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Goldman Sachs Survey: Chief Investment Officers Say Bitcoin Is Their Least Favorite Investment
Investment bank Goldman Sachs recently held two roundtable sessions for chief investment officers of hedge funds. The bank found that they see bitcoin as their
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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 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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