MarketsCiti raises Bitcoin target to $113,000
Citigroup lifted its 12-month targets for Bitcoin and Ethereum by about 35%. What the forecast rests on and where it is weak.
USA — News - Page 7
Markets
MarketsKalshi in talks for a round at $40B valuation
Reuters reports prediction market Kalshi is in advanced talks to raise about $1B at a $40B valuation, up from $22B in May.
StablecoinsCiti and Coinbase Open Stablecoin Payments to Businesses
Citi clients can accept stablecoins via Coinbase while the bank settles in dollars. How Spring by Citi and Virtual Accounts work.
MarketsRobinhood Launches AI Trading Agents, 10x Perps and Weekend Trading
Robinhood unveiled AI trading agents at HOOD Summit, plus perps with up to 10x leverage on BTC and ETH and weekend stocks.
AltcoinsBitwise Launches the First US Spot NEAR ETF
Bitwise begins trading NRR on NYSE Arca: 0.75% fee, NEAR held directly and part of the tokens staked.
RegulationSEC: token buybacks do not make a working network a security
New SEC FAQs say announcing a token buyback on a functional network is not a promise of profit under the Howey test. What changed.
RegulationCoinbase Wins CFTC Approval for Its Own Derivatives Clearing
The CFTC registered Coinbase Clearing as a derivatives clearinghouse, completing Coinbase's exchange, broker and clearing stack.
InstitutionalUS Defense Secretary Discloses Bitcoin in Coinbase Wallet
Pete Hegseth's annual disclosure shows Bitcoin in a Coinbase wallet worth $16,000-$65,000. By comparison, Trump reported over $50 million in BTC.
SecurityCFTC Sues Cash FX Over $950 Million Ponzi Scheme
The CFTC accuses Cash FX Group of a $950 million forex Ponzi scheme promising 15% weekly AI-trading returns. Victims lost $406 million.