Bank of America Still in Denial, Calls Bitcoin a Bubble

2021-1-9 19:09

Bitcoin “blows the doors off prior bubbles” according to analysts at Bank of America who say stocks are frothy and apparently want investors to go into devaluing dollars. “Sell the...

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Vast Bank Becomes First Federally Chartered U.S. Bank To Let Customers Buy, Sell, and Custody Bitcoin, Ethereum, Cardano From A Checking Account

Vast Bank customers can now buy, sell, and custody eight cryptocurrencies directly from and through an FDIC-insured bank checking account. The cryptocurrencies available for trading through the accounts are Bitcoin, Ethereum, Litecoin, Cardano, Filecoin, Orchid, Bitcoin Cash, and Algorand.

2021-9-2 18:10


Stablecoins More Stable than ‘Flawed’ Bitcoin; Only a Central Bank Should Issue a Digital Currency: Bank of Canada Official

Deputy Governor Tim Lane calls the ongoing price action in the crypto market a “speculative mania,” while ECP President says adding Bitcoin to its reserves is “out of the question." The post Stablecoins More Stable than ‘Flawed’ Bitcoin; Only a Central Bank Should Issue a Digital Currency: Bank of Canada Official first appeared on BitcoinExchangeGuide.

2021-2-11 16:36


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Bitcoin’s value proposition bolstered as China sees sudden bank run

For much of Bitcoin’s 11-year lifespan, it has been laughed off as nothing more than an experiment— a worthless form of “magical internet money” for those on the fringe. But, according to a number of industry commentators, the cryptocurrency’s value proposition was just bolstered with news that a Chinese bank has been subject to what […] The post Bitcoin’s value proposition bolstered as China sees sudden bank run appeared first on CryptoSlate.

2019-11-3 01:57


[Not Surprisingly], a U.S. Bank Bans Customers From Buying Bitcoin

Regions Financial Corporation has barred its customers from purchasing cryptocurrencies such as bitcoin. The US-based bank and financial service clarified in its 2018 bank deposit agreement that it reserved the right to “return or decline to pay” for items related to “decentralized, non-fiat virtual currencies, cryptocurrency or another digital currency or money that relies on.

2019-3-30 17:19


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Bank of America Charges Clients 6000 Times More in Fees Than Bitcoin

While Bitcoin critics claim the cryptocurrency is too expensive to use for transactions, data from Bank of America (BoA) shows traditional fiat transfers cost 6000 times as much. $90K Transfer: $45 With A Bank, 75 Cent With Bitcoin BoA, along with other domestic US institutions, makes use of the Federal Reserve’s money transfer network FedWire, which charges them a maximum of 83 cents to process a payment.

2018-9-20 00:00