Citigroup
Citi cuts Coinbase price target to $400 after stock's 65% plunge from record high
The bank trimmed its Coinbase revenue and earnings forecasts amid a brutal risk-off environment for crypto and delays around U.S. market structure legislation.
Bitcoin nears pre-election floor as ETF flows stall, Citi says
The cryptocurrency is trading below key ETF cost levels and nearing its pre-election price floor as inflows to these vehicles fade and headwinds build, the bank said.
Citi says CLARITY Act momentum builds, but DeFi fight could stall crypto bill
Washington is edging closer to a landmark crypto framework, though disputes over DeFi and stablecoin rewards risk pushing final passage beyond 2026.
Bitcoin gets 'base case' price target of $143,000 at Citigroup
The Wall Street bank said its bitcoin forecast relies on further crypto ETF inflows and a continued rally in traditional equity markets.
Citigroup CEO Backs Tokenized Deposits, Says Too Much Focus on Stablecoins
Speaking on her bank's earnings call, Citi CEO Jane Fraser said tokenized deposits offer faster, safer infrastructure and fewer AML and compliance burdens for the next era of digital finance.
BlackRock Adds Goldman Sachs, Citigroup, UBS as APs for Bitcoin ETF
Authorized participants in ETFs are responsible for the creation and redemption process of the fund through which they create liquidity.
Citi Alumni-Founded Startup to Offer Bitcoin Securities That Don't Need Green Light From SEC
Receipts Depositary Corp. aims to address the institutional desire for bitcoin investments that may not be satisfied by a spot ETF.
Sam Bankman-Fried's Lawyers Push for FTX Founder's Jail Release Again; Crypto Coin Listing Crack Down
"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest crypto headlines after bitcoin (BTC) hits $27,000 for the first time in two weeks. Sam Bankman-Fried's lawyers are gearing up to push for the FTX founder's release from jail again. U.S. banking giant Citigroup starts a tokenization service for institutional clients. And, crypto coin listings could face tougher rules in New York.
Big Banks, NY Fed’s Innovation Group See Merit in Digital Ledgers for Global Payments
NY Fed’s innovation center worked with Citi, HSBC and other banks on the concept of a network for wholesale payments on a shared ledger, finding the idea has potential benefits.
Citigroup Reviews Partnership With Metaco, in Talks With Other Crypto Custodians: Bloomberg
Citigroup has started discussions with other crypto custody partners, according to the report.
