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Financial News

Bitcoin price could hit $143,000 in a year, Citi says, citing ETF and regulatory tailwinds

Bitcoin price could hit $143,000 in a year, Citi says, citing ETF and regulatory tailwinds

4 weeks ago by Crypto InsightsCrypto

Amid the recent bearish price action, the headline on Citigroup’s 12-month outlook for bitcoin BTC$88.339,91 of $143,000 — or about 62% upside from the current $88,000 — will raise some eyebrows. “We forecast increased adoption of digital assets, spurred by potential U.S. digital-asset legislation in… Read More

Crypto’s closest ally in Congress, Sen. Lummis, is retiring next year

Crypto’s closest ally in Congress, Sen. Lummis, is retiring next year

4 weeks ago by Crypto InsightsCrypto

U.S. Senator Cynthia Lummis, who has arguably been the closest friend to the crypto sector in Congress, won’t seek another term, she said in a statement on Friday. The first-term lawmaker will call it quits after her six-year term ends in January 2027, leaving a… Read More

SBF’s cohorts at FTX take last SEC hit, Ellison banned from company roles for decade

SBF’s cohorts at FTX take last SEC hit, Ellison banned from company roles for decade

4 weeks ago by Crypto InsightsCrypto

Three of the top former executives at FTX and its affiliates have accepted final punishments from the U.S. Securities and Exchange Commission as the agency resolves its enforcement cases connected to the exchange’s collapse, the SEC said in a litigation notice on Friday. As former… Read More

the XRP-linked firm expands its institutional trading push

the XRP-linked firm expands its institutional trading push

4 weeks ago by Crypto InsightsCrypto

Ripple said it deepened its relationship with brokerage firm TJM Investments, buying a minority stake that takes it further into the behind-the-scenes infrastructure that institutions use to trade and settle assets. Ripple will support the trading and clearing operations of TJM, a U.S.-regulated broker-dealer, as… Read More

Bitcoin (BTC) jumps above $87,000, yen slides as Bank of Japan hikes rates by 25 basis points

Bitcoin (BTC) jumps above $87,000, yen slides as Bank of Japan hikes rates by 25 basis points

4 weeks ago by Crypto InsightsCrypto

Bitcoin BTC$87,108.49 strengthened as the Japanese yen dropped after the Bank of Japan (BOJ) hiked interest rates as expected. The Japanese central bank raised its short-term policy rate by 25 basis points to 0.75%, the highest level in roughly three decades, continuing the gradual shift… Read More

What if crypto’s U.S. market structure effort just never gets there?

What if crypto’s U.S. market structure effort just never gets there?

4 weeks ago by Crypto InsightsCrypto

The U.S. senators negotiating the crypto market structure bill have rarely been so openly eager to find a bipartisan solution for that legislation. Even as political noise and clashes with President Donald Trump rage around them, lawmakers and staffers have met for an earnest series… Read More

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