Ethereum Powers Instant Tokenized USD Transfers
Citi and DBS executed a USD payment in minutes using Swift’s ledger, advancing tokenized deposits towards 24/7 banking. Tokenized assets near $40B. #Update #Finance
Citi
SEC Pushes 24-Hour Trading Initiative
The SEC will hold a 24-hour trading roundtable on Sept. 17 with major players like @Blackrock and @Robinhood; Nasdaq plans near-23-hour trading from Dec. 6.
Stablecoin Revolution: Goldman Citi UBS Join Forces
Global banks, including @GoldmanSachs and @Citi, plan a USD stablecoin by H1 2027 to rival $USDT and $USDC in payments. #Update #Crypto
Ethereum Powers Citi’s Tokenized Shares Access
Citi launches tokenized Kaleido DDRs for non-U.S. investors on SDX, planning U.S. access post-2026 rollout. #Update #Finance
Banks Lose $5.6 Billion to Bad Loans
Three major U.S. banks, @JPMorgan, @Citigroup, and @WellsFargo, wrote off $5.6B in bad loans amid rising credit card debt hitting $1.083T. #Update #Crypto $BTC (-8) ↘
Billionaire Steve Cohen Invests $892M in Four Stocks
Point72 Asset Management, led by billionaire Steve Cohen, exited Walmart, PayPal, and Confluent while investing $892M in BlackRock, Visa, Cisco, and Citigroup. #Update #Crypto $C (-8) ↘
Equities Surge as Safe Harbor Amid Turmoil
@Citi’s Chief Investment Officer Kate Moore highlights US large-cap equities as a safe haven amid geopolitical instability, with the S&P 500 demonstrating resilience despite recent declines. #Update #Crypto $BTC (-1) ↘
Billionaire Invests $101M in Top Stock
Billionaire Stanley Druckenmiller’s Duquesne Family Office bought 4,619 shares of MercadoLibre (MELI) for $11.09 million, continuing a $101 million investment spree in high-growth tech stocks. MELI is rated as a buy by major banks. #Update #Crypto $MELI
Bitcoin Eyes $143K Surge in 12 Months
Citi projects $BTC at $143,000 in 12 months, driven by ETF interest and regulatory clarity, with a bullish scenario of $189,000 and bearish at $78,500. #Update #Crypto $BTC
Bitcoin Advocate Michael Saylor Calls for Banking Revolution
Michael Saylor urges the Middle East to embrace bitcoin-backed banking, citing a $200 trillion opportunity and U.S. regulatory support for bitcoin as a strategic asset. #Update #Crypto $BTC
XRP Price Skyrockets to $1000 Ripple Theory
A crypto commentator, Remi Relief, suggests Ripple and SWIFT systems could boost $XRP to $1,000 by bridging bank-issued stablecoins. Current price is $2.41. #Update #Crypto $XRP
Citi Launches Digital Asset Payments with Coinbase
@Citi and @Coinbase are collaborating to enhance digital asset payment services for institutional clients, focusing on fiat transactions and future crypto custody by 2026. #Update #Crypto $BTC $ETH
Gemini Price Target Cut While Bullish Earns Hike
@Gemini’s price target cut to $23 from $26 by Citigroup; trading volumes remain weak. @Bullish raises price target to $77, citing momentum after New York BitLicense approval. #Update #Crypto $GEMI $BLSH
Stablecoin Leader Circle Recognized by William Blair
@Circle is recognized as the key player in the stablecoin market by William Blair, projecting $USDC’s market cap to reach nearly $150B by 2027. #Update #Crypto $USDC