Citigroup Cuts Bitcoin and Ether Price Targets as US Crypto Legislation Stalls
Citigroup lowered its 12-month price targets for Bitcoin and Ether, citing weaker network activity and delays in US crypto legislation despite continued ETF inflows.
Ethereum is a decentralized blockchain platform designed to support smart contracts and decentralized applications (dApps) alongside its native cryptocurrency, Ether (ETH). Unlike Bitcoin, which focuses primarily on peer-to-peer payments, Ethereum enables developers to build programmable financial products, digital marketplaces, and autonomous systems directly on the blockchain. Its flexible architecture has made it the foundation for major crypto sectors, including DeFi, NFTs, and Web3 applications. Ethereum continues to evolve through network upgrades aimed at improving scalability, security, and energy efficiency. As a result, it plays a central role in shaping how blockchain technology is used beyond simple value transfer.
Citigroup lowered its 12-month price targets for Bitcoin and Ether, citing weaker network activity and delays in US crypto legislation despite continued ETF inflows.
The DeFi Education Fund and Beba have withdrawn their lawsuit against the SEC over crypto airdrops, citing a changing regulatory stance and ongoing work by the…
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BlackRock has introduced a Nasdaq-listed staked Ethereum ETF that combines spot ETH exposure with staking rewards. The product expands the firm’s digital asset investment lineup.
OP Labs, the team behind Ethereum Layer 2 solution Optimism, laid off 20 employees to focus on core initiatives amid a transitional year for the protocol.…
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Crypto markets are consolidating after a volatile start to 2026. Bitcoin, Ethereum and select layer-1 networks remain key assets to watch as institutional demand stabilizes.
Andreessen Horowitz is raising a fifth crypto-focused fund targeting $2 billion, amid declining venture activity and broader crypto market pressures.
A viral AI dystopia spoof is fueling debate across tech and crypto as automation-driven layoffs rise and projects promote user-owned AI agents as an alternative model.
Bitcoin’s recurring 10 AM sell-offs in New York ceased following a lawsuit against Jane Street over alleged Terra-era insider trading, coinciding with a $200 billion market…