Bitcoin Stuck in a Rut as BofA Survey Reveals ‘Long Dollar’ Is Most Favored Trade
Bank of America’s October survey of fund managers showed “long dollar” as the most sought after bet for the fourth straight month. Bitcoin (BTC) was…
Tag: Bank of America
Bank of America Approves Bitcoin Futures Trading for Some Clients: Sources
Bank of America, the second-largest bank in the U.S., has approved the trading of bitcoin (BTC, 0%) futures for some clients, according to two people with knowledge of…
Bank of America Sees DeFi ‘Potentially More Disruptive Than Bitcoin’
There is “no good reason to own BTC unless you see prices going up,” the bank says, but it is intrigued by decentralized finance. “Bitcoin is…
Blockchain Will Drive Next Industrial Revolution: Major Wall Street Firm
Steve Chiavarone, VP at financial services firm Federated Investors, talked-up blockchain in an interview with CNBC May 11, calling the technology an “economic growth driver” and listing…
Bank of America Seeks Patent for Blockchain Processing System
Bank of America is exploring how it might use a blockchain to better track the processing of file transfers in real time. The proposed system,…