Bank of America
Chainlink's Total Value Secured Expansion Isn’t Matched by LINK Token’s Growth
The disconnect may reflect a number of issues, including market saturation, according to a Coinbase report.
Bank of America: No Crypto Winter Given User Adoption, Developer Activity
Recent analysis from Bank of America indicated that amid increasing concerns of inflation and growing user adoption in the cryptocurrency space, a “crypto winter” is not likely to take place. “The Hash” discusses this thesis, looking at institutional adoption, the magnification of the NFT marketplace, and the use cases for crypto as seen in El Salvador, Canada, and now Ukraine.
Bank of America Sees No Crypto Winter Given User Adoption, Developer Activity Growth
Still, crypto market upside will likely be limited for the next six months by Fed tightening and macro headwinds.
Could Chainlink Be the Driver for DeFi’s Growth? Bank of America Thinks So
Chainlink (LINK) could accelerate the adoption of next-generation blockchain use across finance, insurance, supply chain, gaming and gambling, Bank of America said in a research report following an investor call with Chainlink co-founder Sergey Nazarov.
BofA Says Chainlink Likely Driver for DeFi’s TVL Growth to $203B
The decentralized oracle network has secured more than $60 billion deposited into smart contracts.
Bank of America Says UK CBDC Would Be More Than a Digital Form of Cash
BoA says it's likely a BOE digital currency would also replace checking accounts as the way in which consumers hold the majority of their funds.
Could Solana Become the Visa of the Digital Asset World?
The Solana blockchain could become the "Visa of the digital asset ecosystem" as it focuses on scalability, low transaction fees, and ease of use, according to a research note from Bank of America (BoA). The Wall Street titan also noted Solana and other blockchains might even snag market share from Ethereum over time. "The Hash" hosts weigh in on the BoA's assessments.
Solana Top Gainer Among Crypto Majors After BofA Endorsement, Rising NFT Activity
Prices of solana bumped as much as 8% in the past 24 hours.
Solana Could Become the Visa of Digital-Asset World: Bank of America
Solana and other blockchains may snag market share from Ethereum over time, the bank said in a research note.
BofA Upgrades Coinbase to Buy, Sees Revenue Diversification Beyond Retail Crypto Trading
The bank says that the increase in other revenue streams could lead to increased buying interest from institutional investors.
