[Aug 7 4:30 AM] Bank of America’s CEO has backed fixing banking rules amid uproar over U.S. President Donald Trump’s debanking claims, as the crypto industry warns regulatory overreach is quietly choking financial access. Bank of America CEO Backs Rulebook Fix as…
[Jul 14 11:30 PM] Bank of America is accelerating Wall Street’s crypto pivot with a new research push dissecting stablecoins, tokenized assets, and the infrastructure poised to redefine digital finance. ‘On Chain’ Launch Signals Wall Street’s Deeper Dive Into Crypt
[Jun 11 10:30 PM] At a Morgan Stanley event in New York, Bank of America CEO Brian Moynihan revealed that the banking heavyweight is “working with the industry” on launching a stablecoin. Bank of America Boss Warns: Miss the Stablecoin Shift, and Competitors Will…
[Jan 22 2:30 AM] Bank of America’s CEO foresees a crypto payment revolution, emphasizing banks will aggressively adopt digital currencies once clear regulations unlock their transactional potential. Bank of America CEO Envisions a Crypto Payment Boom Fueled by…
[Nov 15, 2024 7:58 PM] Wealth management clients of Wall Street banks like Goldman Sachs, Bank of America, Morgan Stanley in the third quarter continued to modestly accumulate (or trade) bitcoin via the spot bitcoin exchange-traded funds.
[Oct 25, 2024 3:30 AM] Bank of America sees gold as the last and ultimate safe-haven asset amid rising U.S. debt, urging traders and central banks to increase their holdings. With concerns over fiscal instability and mounting interest payments, the bank forecasts gold…
[Aug 28, 2024 7:00 PM] Due to regulatory hurdles, XRP failed to initiate a significant rally alongside other notable cryptocurrency assets like Bitcoin and Ethereum in the 2021 bull cycle. There has been much speculation about when the altcoin will surge again. However…
[Aug 11, 2024 1:18 PM] MicroStrategy’s stock value is up by 1,000% since its first Bitcoin purchase, while Warren Buffett and Berkshire Hathaway have missed the boat.
[Aug 3, 2024 8:50 PM] Morgan Stanley is set to offer spot bitcoin exchange-traded funds (ETFs) to select clients through its 15,000 financial advisors starting next week. This marks a significant first for a major Wall Street bank. Advisors can pitch Blackrock’s…
[Jul 9, 2024 5:17 PM] Economist and gold advocate Peter Schiff has urged investors to buy silver, highlighting its strong performance and potential for significant gains. “Silver is really strong,” he stressed, emphasizing: “An explosive move higher…
[Jul 8, 2024 11:10 AM] According to an investigative report by Pam Martens and Russ Martens the owners and operators of wallstreetonparade.com, the U.S. Federal Reserve has been consistently incurring operating losses since Sept. 28, 2022, totaling $176 billion by June…
[Jun 28, 2024 12:11 PM] Earlier this week, Bank of America analysts revealed that gold might reach $3,000 in the next 18 months, pushed by central bank demand and a Federal Reserve dovish turn. “Achieving this would require non-commercial demand to pick up from…
[Jun 23, 2024 6:25 AM] The U.S. Securities and Exchange Commission (SEC) is seeking a $102.6 million penalty from Ripple in the XRP case. Meanwhile, the Biden administration, along with Mark Cuban and Representative Ro Khanna, are preparing for a crucial crypto…
[Jun 22, 2024 10:30 AM] Federal authorities have spotlighted critical deficiencies in the crisis management strategies—known as “living wills”—of four major U.S. banks, signaling a push for stronger safeguards against financial turmoil. The Federal Deposit…
[Jun 19, 2024 4:11 PM] Bank of America report shows younger affluent individuals favor crypto and alternative investments, differing from older generations’ traditional focus. “In fact, the most ‘conservative’ group is holding the highest average…
[Jun 18, 2024 12:25 PM] Bank of America (BOFA) forecasts a bullish trend for silver, anticipating an increase in prices through the latter half of 2024 into 2025. BOFA analysts project silver prices to average $35/oz by 2026, compared to the current spot price of…
[Jun 17, 2024 10:16 AM] Minneapolis Federal Reserve President Neel Kashkari addressed Bank of America’s prediction for a potential Fed interest rate cut this year in an interview with CBS News on Sunday. Bank of America predicts that the Fed will cut rates once this…
[Feb 29, 2024 12:34 PM] Bank of America Corp.’s Merrill Lynch and Wells Fargo & Co.’s brokerage unit have begun offering access to exchange-traded funds (ETFs) that directly invest in Bitcoin, according to Bloomberg Law.JUST IN: Wells Fargo and Bank of America’s Merrill…
[Oct 21, 2023 9:30 PM] Bank of America CEO Brian Moynihan expects the U.S. economy to slow down in the middle of next year. The executive also noted that according to his bank’s research, the Federal Reserve will start cutting interest rates in the middle of next year to…
[Aug 15, 2023 5:30 PM] Bank of America has provided its analysis of Paypal’s U.S. dollar stablecoin and the Fednow payments system. The bank does not expect the widespread adoption of PYUSD to occur in the near future, noting that the introduction of…
[Aug 13, 2023 12:13 AM] During a recent podcast interview, Michael Saylor explained that Bitcoin being bought and centralized by corporations should not be feared. He also outlined three main reasons driving the need for custodians.
[Aug 11, 2023 5:02 AM] Investors are likely indifferent to which stablecoins they hold as long as they are perceived as safe and accessible on the largest trading platforms, the report said.
[Aug 5, 2023 3:30 PM] JPMorgan’s economists have jettisoned previous predictions of an impending U.S. recession. Their chief U.S. economist, Michael Feroli, is confident that the American economy will maintain a modest but steady growth trajectory throughout the…
[Jul 14, 2023 5:30 PM] Bank of America has come under scrutiny after a Coinbase user claimed that the bank closed his account over Bitcoin transactions. Coinbase CEO Brian Armstrong quickly addressed the issue, asking other users if they have encountered the same problem…
[Jul 4, 2023 1:30 PM] Following the aftermath of the United States’ three major bank collapses, several market observers argue that the banking crisis in the country persists. Bank of America has recently garnered significant attention, with the Federal Deposit…
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