Bank of America
BofA: Crypto Buying Momentum Fades as Investors Weigh Bear Market Bounce, Recession Risk
The chance of a more hawkish Federal Reserve and the likelihood of interest rates staying higher for longer hasn't been fully priced into risky assets, the bank said.
Fund Managers Taking on Less Risk Than in 2008, Chart Reveals
A new chart from the Bank of America Global Fund Manager Survey shows how fund managers are taking on less risk than they were in 2008 during the financial crisis. Plus, GlassNode data showing bullish trends in the options open interest for BTC and ETH.
BofA: Coinbase Exchange Is Well Positioned to Take Market Share During This Crypto Winter
JPMorgan is less optimistic than Bank of America about the company in the near term, saying Coinbase's near-term outlook is “still grim.”
Bank of America Says Blockchains Have Intrinsic Value, Citing Transaction Fees
The bank's report, however, noted that the fees on the Bitcoin and Ethereum chains have fallen this year.
Bank of America Customers’ Crypto Activity Slowed as Market Slid
Almost 70% of the U.S. population hasn't invested in or isn't interested in investing in cryptocurrencies, the bank said.
Bank of America Says 'Crypto Winter' Concerns Haven't Frozen Investor Interest
Blockchain technology is the most significant evolution of software since the internet, the report said.
Bank of America Survey Shows Consumers Aren’t Done With Crypto Yet
Results show growing interest in the use of cryptocurrencies as a payment method
BofA Says Crypto Winter, Contagion Risk Concerns Are Overdone
The collapse of the Terra network was due to prioritization of mass adoption over price stability, the bank said.
FDIC Asks All Banks to Report Crypto Activities
All FDIC-supervised institutions have been asked to provide the federal banking regulator with information about their “crypto-related activities.”
BofA Initiates Coverage of Silvergate With ‘Buy’ Rating, Sees 50% Potential Upside
The crypto bank is one of the best positioned companies to benefit from the expanding use of stablecoins, the report said.
