Bank of America
Crypto Market Near-Term Upside Is Likely Capped: Bank of America
The bank expects digital asset trading volumes to remain subdued, with retail investors remaining on the sidelines.
Tokenization of Real-World Assets a Key Driver of Digital Asset Adoption: Bank of America
The tokenized gold market reached over $1 billion in value last month, the report said.
Here Is What Institutions Are Saying About Ethereum's Shanghai Upgrade
The upgrade, scheduled for later Wednesday, will enable validators to withdraw staked ether.
Ethereum’s Shanghai Upgrade Only a Small Step Forward: Bank of America
The blockchain’s likely inability to increase throughput in the short term and increasing competition from alternative networks will constrain its adoption and usage, the report said.
Next Evolution of Blockchain Software Has Only Just Begun: Bank of America
Platforms like Near, Polkadot and Cardano are using new approaches to improve the trade-off between scalability, decentralization and security, a report from the bank said.
First Republic Bank's $30B Rescue
Eleven of the biggest banks in the U.S., including JPMorgan Chase and Bank of America, are giving a $30 billion lifeline to First Republic Bank in an effort to stabilize the troubled lender amid continued turmoil across the banking sector. In a press release, the banks said in part that their action "reflects their confidence in First Republic and in banks of all sizes." "The Hash" panel discusses the rescue plan and the implications for the crypto industry.
2023 Will Be Year of Crypto Token Price Divergence: Bank of America
The bank expects tokens that power smart contract-enabled blockchain platforms will outperform meme coins and governance tokens.
DeFi's Current Functionality 'Barely Scratches the Surface,' Bank of America Says
The correction in digital asset markets last year led to a shift in focus and capital from speculative trading to projects with real-world functionality, but decentralized finance’s (DeFi) current functionality "barely scratches the surface," Bank of America (BAC) said in a research report Wednesday. The banking giant added that developer activity and adoption are part of the key to success. "The Hash" panel discusses the key takeaways of the report.
Bank of America: Innovation to Expand Decentralized Finance Functionality Over Time
Developer activity and adoption is the key to success, the report said.
Digital Dollar Project Exec on the Future of CBDCs
Responding to a new Bank of America report suggesting central bank digital currencies (CBDCs) have the potential to revolutionize global financial systems, The Digital Dollar Project Executive Director Jennifer Lassiter joins "First Mover" live from Davos 2023 to discuss the future of CBDC projects. Plus, key takeaways from The Digital Dollar Project's updated version of its white paper.
