Explore the unfolding narrative of Coinbase users facing Bank of America account closures. Delve into the incidents, community reactions, and the silence from the banking giant, shedding light on the intersection of cryptocurrency and traditional banking.
MiyukiThis revelation has sparked concern and caution among investors, primarily due to the ongoing challenges posed by inflation and market volatility. Despite these substantial unrealised losses, the bank still manages to maintain high-profit margins thanks to its attractive interest rates.
JasperDespite the correction in cryptocurrency markets, the development of blockchain technology has accelerated, the report said.
CoindeskA recent BoA survey revealed that millennials are choosing to allocate up to 15% of their portfolios to crypto.
BeincryptoEther continues to slide as investors shift to a wait-and-see approach regarding future upgrades, the bank said in a research report.
CoindeskThe bear market is making things difficult for most stakeholders in the crypto industry, but a recent survey by the ...
BitcoinistBrian T. Moynihan, the CEO of Bank Of America has said that the bank will not pivoting to digital currencies ...
BitcoinistBank of America launched crypto custody for institutional investors in October as part of a partnership with New York-based Digital Investment Group.
CointelegraphBank of America strategists say Solana will take a slice of ethereum's market share due to its advantages of low transaction fees, scalability and ease of use.
CointelegraphA recent report by Bank of America analysts said that a CBDC would be different from current digital currencies because it would be the responsibility of the Federal Reserve, rather than commercial banks.
Cointelegraph