Citi
Bitcoin to Hit $135K by Year-End in Base-Case Forecast, $199K in Bullish Scenario: Citi
In the bank's most optimistic scenario, bitcoin could reach $199,000 by the end of the year, while a more bearish setup, pulls the forecast down to $64,000.
Citigroup CEO Confirms the Bank Is ‘Looking at the Issuance of a Citi Stablecoin’
Jane Fraser told analysts the bank is evaluating stablecoin issuance and advancing tokenized deposit solutions as part of a broader digital finance strategy.
Circle's Valuation Not Stretched, Says Citi, Starting Coverage With Buy Rating
Citi's $243 price target suggests roughly 34% upside from last night's close just above $181.
Stablecoins Boost Treasury Bill Demand, Reflect Dollar Dominance, Citi Says
As stablecoin usage grows, so does the demand for short-term U.S. Treasuries, the report said.
Major U.S. Banks Mull Jointly Launching Stablecoin: WSJ
Such a stablecoin, potentially open to other banks, aims to improve transaction speeds and efficiency while fending off competition from crypto firms.
Citi, Switzerland’s SDX Join Forces to Tokenize $75B Pre-IPO Shares Market
Citi will act as a custodian and issuer agent for tokenized assets on SDX’s digital Central Securities Depository (CSD) platform.
Stablecoins Could Bring 'ChatGPT' Moment to Blockchain Adoption, Hit $3.7T by 2030: Citi
Stablecoin issuers could become one of the top U.S. Treasury holders, surpassing major sovereign nations, the report projected.
U.S. Crypto Strategic Reserve More Likely, Further Details Needed: Citi
The President announced that XRP, SOL, BTC, ETH and ADA would be included in the strategic reserve.
Booming Crypto Trading Powers Robinhood Earnings Beat, Analysts Raise Targets
Robinhoood shares jumped 13% in early trading Thursday after fourth-quarter earnings beat estimates.
Ether Has Underperformed, but Total Value Locked on Ethereum Is Rising: Citi
Ether has dropped over 20% this year, but fundamentals are improving, the report said.
