Citi Updates Crypto Outlook and Galaxy Digital Rating
Citi raised its price targets for Bitcoin and Ether, citing market recovery and potential inflows, while maintaining a neutral stance on Galaxy Digital.

Citi raised its price targets for Bitcoin and Ether, citing market recovery and potential inflows, while maintaining a neutral stance on Galaxy Digital.

Citi has raised its year-end target for the S&P 500 to 8,100, citing AI-driven earnings, while noting that a broader market rally is essential to reach this goal.

Citi analysts estimate that Meta's new AI assistant, Muse, could reach $27 billion in revenue, driven by transaction fees and subscriptions.

Citi Research analysts argue that the Federal Reserve may not need the aggressive interest rate hikes currently priced into the market, citing stable long-term inflation expectations.

Citi and Coinbase have partnered to enable seamless stablecoin payments for corporate clients by automating currency conversion behind the scenes.

Citi and Coinbase have expanded their partnership to allow institutional clients to accept stablecoin payments and manage virtual accounts without directly handling crypto assets.

Citigroup and Coinbase are partnering to build stablecoin infrastructure that allows businesses to process payments between traditional fiat and digital assets seamlessly.

Citi is reportedly collaborating with Coinbase to provide stablecoin payment solutions for institutional clients, utilizing the bank's extensive global network.

Family offices are prioritizing public equities despite rising inflation concerns, while interest in digital assets remains low, according to a new Citi Wealth report.

Citi CEO Jane Fraser reports that global firms are rapidly upgrading cybersecurity defenses in response to the emergence of advanced AI models like Anthropic's Mythos.

Citi has launched the Mastercard Smart Subscriptions tool in the UAE, marking the first global deployment of the service by the bank and its debut in the Middle East.

U.S. Bank has hired a former Citi executive with 18 years of experience to lead its payments sales division across key growth sectors.
