The CEO of Bank of America stated that the company will collaborate with some stablecoin projects

According to BlockBeats, on July 17th, according to Lookonchain monitoring, Trend Research sold another 21000 ETH worth $67 million. In the past 24 hours, Trend Research has sold a total of 69946 ETH worth $218.3 million, and currently holds 115187 ETH worth $376.35 million.

JUST IN: 🇺🇸 Bank of America expects to launch a crypto stablecoin, Reuters reports.

DACFP’s Ric Edelman shares insights from a recent white paper explaining the substantial upside in bitcoin’s price and why the risk/reward ratio strongly favors a significant crypto allocation – certainly one that’s far higher than a measly 1 or 2 percent.

Speaking on the second quarter earnings call, Brian Moynihan said the bank plans to act when the time is right.

Joshua de Vos of CoinDesk Data breaks down the July digital assets report and touches on corporate treasury adoption, the digital assets dominating the headlines and the role of benchmarks in capital decisions.