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Benzinga

Business

Samyuktha Sriram

Not Bitcoin, Here's Where The Next $30T In Crypto Could Go To, According To BofA Analyst

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: Speaking at a webinar hosted by Columbia Business School, Shah said the digital asset ecosystem was not going in the direction Bitcoin creator Satoshi Nakamoto envisioned it would — but that was not necessarily a bad thing.

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How the death of two CIA agents in northern Mexico led to a treason case

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One subscription that gives you access to news from hundreds of sites

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Trump attacks Ohio governor over call for Ramaswamy to drop ‘deeply troubling’ ad

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