You Searched For "bitcoin in america" and got 20 results
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2 mins read
The transformative potential of crypto and blockchain is 'difficult to overstate,' Bank of America says in its debut report on the sector
Bank of America launched coverage of digital assets to make sense of a rapidly growing asset class …
Isabelle Lee
2 mins read
Bitcoin could boost El Salvador's economy by making overseas payments cheaper and boosting US business, Bank of America says
The market has been "excessively pessimistic" about El Salvador's move to adopt bitcoin as legal te…
Harry Robertson
4 mins read
Here’s why El Salvador’s President is endorsing Bitcoin as a legal tender
El Salvador, a country in Central America, stands to create history and become the first sovereign …
2 mins read
Bank of America is allowing some clients to trade bitcoin futures, report says
The move highlights growing institutional interest in the cryptocurrency market.
Carla Mozée
1 min read
Bank of America's COO shared his outlook for the future of the digital-asset space in a recent address. Here are the 7 best quotes.
Tom Montag has been at the helm of BofA's massive investment banking unit. He announced his retirem…
Isabelle Lee
1 min read
The main argument for owning bitcoin is 'sheer price appreciation,' not diversification or inflation protection, Bank of America says
Bank of America commodity strategists say there's "no good reason to own bitcoin unless you see pri…
Emily Graffeo
2 mins read
Pro-Trump cryptocurrency magacoin has racked up over 1,000 sign ups since launching, report says
Most holders of magacoin have only been allocated the 100 free tokens users receive after registeri…
Sophie Kiderlin
1 min read
Bank of America is offering crypto exchange-traded products for some of its clients, report says
A number of major banks and fund managers have added crypto-related products and services to tap in…
Camomile Shumba
2 mins read
US stocks rise as Fed Chair Powell says the US economic recovery still has further to run before tapering
Federal Reserve Chair Jerome Powell said the US job market "is still a ways off" from the progress …
Isabelle Lee
2 mins read
Crypto trading volumes have fallen to a 9-month low as Europeans ditch bitcoin, although US investors are still buying: CoinShares
Cryptocurrency trading volumes fell to their lowest in nine months in the latest week, as bitcoin c…
Camomile Shumba
1 min read
Bitcoin has now replaced tech stocks as the most crowded trade, according to a BofA fund manager survey
In a BofA survey of investors who together manage over $561 billion, 36% said bitcoin is the most c…
Emily Graffeo
1 min read
Bitcoin is not an inflation hedge and its correlation with gold is near zero while its ties to the stock market are close to all-time highs, Bank of America says
Meanwhile, the price of bitcoin and its correlation with the stock market has hit all-time highs, B…
Phil Rosen
2 mins read
Forbes 400 list of the richest people in America now has six new crypto billionaires
According to Forbes, the increase of crypto billionaires is mostly due to the growing interest…
1 min read
Brazil gives the green light to Latin America's 1st ethereum ETF
Brazil's third crypto ETF arrives as US regulators weigh the approval of the country's first bitcoi…
Carla Mozée
3 mins read
Even as Latin America embraces Bitcoin, Southeast Asia is clamping down on cryptocurrencies
Cryptocurrencies are designed to be borderless. But while technology and technologists may want to …
2 mins read
America's oldest bank will start transacting bitcoin for clients as the cryptocurrency's popularity explodes, report says
BNY Mellon aims to open its custodial service to bitcoin later this year, marking a major step forw…
Ben Winck
2 mins read
Billionaire investor Jeff Gundlach says he won't be shocked if bitcoin falls to $10,000, as 'blow-ups' rattle the crypto market
"We've already seen around the edges some blowups in parts of the crypto world, and that could be f…
Zahra Tayeb
10 mins read
Warren Buffett tears into banks, trashes bitcoin, and warns inflation and recession can lead to big problems
Warren Buffett accused banks of misleading accounting, compared crypto buyers to gamblers, and flag…
Theron Mohamed
3 mins read
Opening Bell: Everyone's losing on bitcoin
Bitcoin's back in vogue, but for a very different reason than before. This and more, in today's edi…
Phil Rosen
1 min read
Crypto stocks rally after bitcoin breaks above $30,000 to hit a 10-month high
Shares of crypto-related Coinbase, MicroStrategy, and Marathon Digital look set to build on gains a…