Alkesh Shah

Artificial intelligence has been on the minds of companies and investors throughout 2023 as one of the top trending items. Bank of America noted the impact artificial intelligence can have on several sectors going forward and made the claim it could be highly disruptive. Here’s a...

The near-term outlook for cryptocurrency markets is limited, said analysts who highlighted low conviction and a challenging macro backdrop as factors hindering upside potential, according to a research report by Bank of America. In the report, analysts Alkesh Shah and Andrew Moss...

BofA Securities head of cryptocurrency and digital assets Alkesh Shah said he has “no idea” why Dogecoin (CRYPTO: DOGE) has a market value of $36 billion. What Happened: In a webinar hosted by Columbia Business School on March 16, Shah was talking about the bank...

The next phase of growth in the cryptocurrency space will be driven by protocols less decentralized than Bitcoin (CRYPTO: BTC), according to Alkesh Shah, the head of the cryptocurrency and digital asset strategy at BofA Securities. What Happened: ...

Bank of America Corp (NYSE: BAC) doesn’t believe there will be a “crypto winter” or a prolonged period of declining prices in the digital asset industry. What Happened: In a note titled “Digital Assets: In the Flow” seen by CoinDesk on Monday, analysts noted that...

Solana Labs, the entity behind high-speed blockchain Solana (CRYPTO: SOL), has launched a new payments protocol that will let merchants accept crypto payments directly from consumers. What Happened: In an announcement on Tuesday, Solana unveiled Solana Pay which will let merchants accept USD Coin (...

Strategists at Bank of America Corp (NYSE: BAC) foresee a future when high-speed blockchain Solana (CRYPTO: SOL) could become the Visa Inc (NYSE: V) of the digital asset ecosystem. What Happened: According to a  Jan. 11 research note seen by Business Insider, Bank of America analyst...

Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH) are trading higher Tuesday morning amid positive commentary from Bank of America analysts and the anticipated regulation of crypto in Brazil. Bank of America said that cryptocurrency is too large to ignore and pointed to potential...