Citi And Coinbase Bring Stablecoin Payments Into Corporate Banking
TL;DR Citi and Coinbase have expanded their partnership with new stablecoin and fiat payment infrastructure for businesses. Citi clients can accept stablecoin payments while Coinbase provides blockchain rails and conversion into fiat. Coinbase business customers can also use Citi-powered virtual accounts that automatically move between fiat and stablecoins. Citi and Coinbase are connecting corporate bank…
Citi Cuts Bitcoin Target To $82,000 As ETF Demand Weakens
Wall Street’s Bitcoin expectations have taken another hit. Citi has cut its 12-month Bitcoin target to $82,000 from $112,000, pointing to weaker investor appetite, negative ETF flows, and a slower regulatory backdrop in the United States. The move is not just another forecast revision. It shows how much of the institutional Bitcoin thesis still depends…
Citi Projects $143,000 Base Case For Bitcoin In 12-Month Outlook
Bitcoin is back in focus after an outlook from Citigroup, where analysts mapped out a wide price range for the next year that captures both upside momentum and lingering downside risks. The bank’s latest projections point to a base-case target of $143,000 over the next 12 months, anchored in expectations around a growth in ETF…