Bitcoin made a swift 20% recovery from the weekend’s bloodbath, while American banks prepare to post major losses in their upcoming quarterly reports.
Bank of America News
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Asset managers around the globe are losing confidence in the dollar, encouraging them to seek out inflation-resistant investments for their clients.
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Bitcoin surged from $190 billion to around $280 billion in recent months, surpassing some big-name companies, including banks, by market capitalization.
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2020 has been a rough year for markets but Bitcoin has outperformed JPMorgan, Goldman Sachs, and the majority of top U.S. financial sector stocks.
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The price of Bitcoin abruptly dropped 4% from the day’s peak as the uncertainty in the stock market intensified.
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A data-based approach to cryptocurrency investment shows promise, so why are investment advisors at top firms still pushing clients away?
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Roelof Botha alleges the Bank of America provided “absolutely no explanation” for its decision to close his bank account in 30 days.
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America’s second largest banking institution searches for a “treasury product manager” specifically working with Ripple’s technology.
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International investment bank Bank of America follows in the footsteps of Mastercard to join the Marco Polo blockchain network.
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Bank of America has filed a patent for a crypto-inclusive digital currency wallet with multiple tiers of access.
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While the nation’s second-largest bank is remarkably active in registering novel blockchain-powered solutions, critics fear that this might be not in the industry’s long-term interest.
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Bank of America has filed a patent application for a settlement system citing the Ripple ledger.
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Catherine Bessant admitted that the institution has yet to find blockchain use cases for the financial services sector.
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A new strain of Trojan malware for Android phones is targeting global users of top crypto apps such as Coinbase, BitPay and Bitcoin Wallet.
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Catherine Bessant defended the bank’s record patent stockpile, arguing it was nevertheless necessary to be prepared for change.
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