Wall Street’s $150K Bitcoin 2026 Forecasts Falter
@Citi cut its $BTC forecast, while @Bernstein pushed its $150,000 target into 2027. With bitcoin near $80,000, earlier year-end calls look increasingly distant. #Update #Crypto $BTC
Citi
Bitcoin Targets $113K $5B ETF Inflows
Citi raises $BTC target to $113K and $ETH to $3,028, expecting $5B in ETF inflows amid positive sentiment and SEC rulemaking. #Update #Crypto $BTC
Coinbase Launches Stablecoin Payments with Citi
Citi and @Coinbase expand partnership to integrate stablecoin payments into corporate banking, allowing Citi clients to accept stablecoins and Coinbase customers to access virtual accounts. #Update #Stablecoin
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
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