Bank of America predicted crypto market capitalization to rise to $30 trillion
This will be facilitated by increased centralization and greater regulation, the bank’s specialist of strategy department believes
24.03.2022 - 12:25
477
1 min
0
.
What’s new? Bank of America specialist of strategy department Alkesh Shah believes that the crypto market can grow by more than 15 times, from the current $1,9 trillion to $30 trillion. He stated this in the program Global Crypto and Digital Assets at the Columbia Business School.
The full release of the program
What other statements were made? Bank expert Alkesh Shah opined that the crypto market is not moving in the direction envisioned by bitcoin creator Satoshi Nakamoto. Initially, digital assets were planned to be anonymous and decentralized, but the recent trends show an increasing centralization of the industry.
According to Shah, it is increased regulation and centralization that will become the driver for the growth of capitalization. The analyst cites the term “semi-decentralization,” which suggests that the operation of blockchain is being stealthily managed by centralized organizations.
“If I was going to look at the next $30 trillion for this ecosystem, I would look at the semi-decentralized part,” the analyst concluded.
Bank of America was formed in 1998. It is the largest US bank holding company with $2,82 trillion in assets under management.
Useful material?
Telegram 
Twitter Incidents
Developers warned of potential risks to bridges across the ecosystem and asked exchanges for assistance.
Jun 22, 2026
Incidents
The defendant helped move funds stolen through investment scams and earned at least $4 million for his role in the operation.
Jun 10, 2026
Incidents
The company is linking the incident to a compromised private key on a service wallet, rather than a smart contract exploit
May 22, 2026
Incidents
Following the incident, the project temporarily halted trading operations and node activity.
May 15, 2026
Incidents
The user spent weeks unsuccessfully trying to guess the password until Claude helped find an old wallet backup file
May 14, 2026
Crypto regulations
Authorities are introducing mandatory registration for companies handling cross-border crypto transactions
May 8, 2026
Cryptocurrency rates
-
Bitcoin
$65 837
BTC
-0.91%
-
Ethereum
$2 551.16
ETH
+3.56%
-
BNB Smart Chain
$579.4
BSC
+1.23%
-
Ripple
$1.14
XRP
-1.78%
-
TRON
$0.160134
TRX
-1.59%
-
Dogecoin
$0.072474
DOGE
-1.41%
-
Zcash
$510.14
ZEC
-4.33%
-
Cardano
$0.17454
ADA
+0.55%
-
Stellar XLM
$0.187392
XLM
-3.29%
-
Polkadot
$3.32
DOT
+5.27%