Express

Bank of America: Ethereum is more Flexible than Bitcoin

Amy Liu

Summary: In its report published by Bank of America, “Bitcoin’s Dirty Little Secrets,” published Wednesday, the second-biggest U.S. lender has a lot of things to say about the largest cryptocurrency, such as there being “no good reason to own BTC unless you see prices going up” and that its environmental record is poor. “Bitcoin is the ...

In its report published by Bank of America, “Bitcoin’s Dirty Little Secrets,” published Wednesday, the second-biggest U.S. lender has a lot of things to say about the largest cryptocurrency, such as there being “no good reason to own BTC unless you see prices going up” and that its environmental record is poor.

“Bitcoin is the most talked about cryptocurrency but Ethereum [the blockchain] has more features, including being more flexible” in its hosting of decentralized finance (DeFi) than the Bitcoin blockchain, according to Bank of America.

By Amy Liu

Last Update:

Tags: ,,
Link: Bank of America: Ethereum is more Flexible than Bitcoin   [Copy]
Next:

Related Articles

  • The Endgame of Layer 2s, Explained 24 hours ago
  • The Bitcoin Halving is Complete! What’s Next? 8 days ago
  • Runes on Bitcoin: The Next Big Opportunity? 11 days ago
  • Uniswap Sued by SEC: What Does it Mean for the Future of DeFi? 16 days ago
  • The Value of Web3 Social, Explained 16 days ago

    • You need to login to comment.