Bank of America report says crypto, DeFi are “only in the first inning”
Earn up to 12% APY on Bitcoin, Ethereum, USD, EUR, GBP, Stablecoins & more.
Start Earning Interest Edge › U.S. › Analysis
Bank of America lay out a bullish scenario for the nascent digital asset industry.
Samuel Wan · October 7, 2021 at 5:00 pm UTC · 2 min read
This week, Bank of America (BoA) published a favorable crypto report detailing its analysis of the sector.
It states that cryptocurrency has become too large to ignore, adding that, despite the phenomenal growth seen to date, the industry is still “only in the first inning.” The key takeaways spoke of increasing interest and adoption, especially regarding DeFi and NFTs.
To read the rest of this article, sign in or join CryptoSlate Edge.
CryptoSlate Edge helps you understand the cryptoasset market more clearly.
We can all agree that the crypto market is fast-moving and confusing, but CryptoSlate Edge can help make sense of it for you.
Enhanced news coverageExclusive articles and insights
Get an analytical edge by accessing members-only articles with curated insights from crypto analysts around the globe.
Real-time charts and price snapshots
Gain a better understanding of the market with real-time charts, price snapshots and more market data in every news article.
Explore the companies, products and people in our articles
We display profiles of people, companies, products, and assets related to every Edge article so you can connect the dots.
Extensive crypto asset and sector dataOn-chain metrics and social sentiment
Gain a better understanding of the on-chain trends an explore social sentiment for individual crypto assets.
Crypto asset transaction demographics
Understand where the majority of crypto asset transactions are taking place globally.
Explore innovative projects and sectors
Follow new projects and crypto sectors with our manually curated data for over 50 industry verticals.
What else?Private Telegram community
As an Edge subscriber, you will access new articles first and engage with the community in our private Telegram channel.
A clean, ad-free experience
We hide all advertisements for CryptoSlate Edge subscribers.
Support independent journalism
As an independent organization in the blockchain industry, we are guided by a strict editorial policy that emphasizes objectivity and transparency in our coverage.