Strategy’s unloading of bitcoin may have rattled markets, but Citi said the bigger issue for BTC is a missing bid from new …
Citi
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Adoption
Citi Forecasts $5.5 Trillion Real-World Asset Tokenization Market By 2030, Stablecoins To Drive $1 Trillion In Treasury Demand
by shayaanby shayaanThe gap between crypto’s current real-world asset footprint and where the largest banks see it heading is starting to look less like …
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In brief Quantum computing advances are shortening the timeline for real attacks on crypto, with recent targets revised to 2030-2032. Bitcoin is …
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Regulation
JPMorgan Chase, Citi and Wells Fargo Lose $5,606,000,000 to Bad Loans in Just Three Months
by shayaanby shayaanThree of America’s largest banks are writing off a combined $5.6 billion in bad loans in the first quarter as US credit …
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Finance
Citi Downgrades Crypto Exchange Gemini After Cutting Bitcoin, Ethereum Price Targets
by shayaanby shayaanCrypto exchange and custodian Gemini’s stock dropped more than 16% after Citigroup analysts downgraded the company Wednesday morning, suggesting that it’ll be …
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Markets
Citi and Morgan Stanley expand bitcoin and crypto custody, trading and tokenization efforts
by shayaanby shayaanAs Citi integrates Bitcoin into bank-grade custody and reporting frameworks, Morgan Stanley moves to bring crypto trading, lending exploration and tokenized products …
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Regulation
Citi says CLARITY Act momentum builds, but DeFi fight could stall crypto bill
by shayaanby shayaanCiti (C) said the CLARITY Act remains the key catalyst for legitimizing digital assets in the U.S., but progress is slowed by …
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Receipts Depositary Corp. (RDC), a start-up founded by a group of former Citigroup executives, is planning to launch XRP-backed securities, according to …
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Finance
US Lenders Lose $46,000,000,000 As Customers at Capital One, Citi, JPMorgan Chase, Synchrony, Discover, Citi and Bank of America Face Billions in Delinquencies
by shayaanby shayaanDefaults on credit card loans are skyrocketing in the US. Lenders are now witnessing a 14-year high in credit card defaults, reports …
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Analysis
JPMorgan Chase, Morgan Stanley and Citi Say Raging Bull Market Not Over Yet – Here’s Their Outlook
by shayaanby shayaanSeveral Wall Street banking giants are forecasting blue skies for US equities – at least until 2024 comes to a close. Morgan …