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.
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.
Bybit EU has integrated PayPal as a fiat funding and withdrawal option across the European Economic Area, aiming to simplify access to digital assets under the EU’s MiCA regulatory framework.
Visa and Coinbase are building rival infrastructures for AI-driven payments as autonomous agents begin executing microtransactions across the internet economy.
An Australian Senate committee has recommended passing a bill that would require crypto exchanges and tokenization platforms to obtain financial services licenses.
Rising energy demand from artificial intelligence data centers is accelerating interest in nuclear power. Bitcoin miners were early adopters of nuclear energy for high-performance computing infrastructure.
Organizers of TOKEN2049 have postponed the Dubai edition of the conference to April 2027 due to regional security concerns affecting travel and logistics.
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.
A Bloomberg strategist renewed his warning that Bitcoin could fall below $10,000, citing macroeconomic pressures. Other analysts argue that such a decline would require an extreme global liquidity shock.
The SEC and CFTC signed a memorandum of understanding to coordinate oversight of crypto and other financial markets. The move aims to reduce regulatory overlap and provide clearer guidance for emerging technologies.
Mastercard launches Crypto Partner Program with 85+ partners to connect blockchain systems with banks, merchants, and global payments for real-world use cases.
BitMEX co-founder Arthur Hayes said he would not invest in Bitcoin at current levels, arguing he will wait for US monetary easing before re-entering the market.
US spot Bitcoin ETFs recorded $251 million in inflows, pushing March totals to $1.56 billion, while XRP funds saw smaller outflows as Goldman Sachs emerged as the largest holder.
US prosecutors are seeking an October 2026 retrial for Tornado Cash co-founder Roman Storm on unresolved money laundering and sanctions charges after a hung jury in his initial trial.
US institutions invested $540 million in spot Solana ETFs during Q4, with investment advisers and hedge funds leading allocations, highlighting growing institutional engagement in SOL.
Nasdaq has partnered with crypto exchange Kraken to develop infrastructure for tokenized equities, aiming to connect traditional capital markets with blockchain-based trading systems.