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Citi Analyst Warns of ‘Serious’ Contagion Risk to Crypto Ecosystem From FTX Failure
16.11.2022
A Citi analyst has warned of a serious risk of broader contagion to the crypto ecosystem stemming from the collapse of crypto exchange FTX, noting that the contagion “can last for a significant amount of time.” He added that the crypto industry seems to have “no significant lender...
Metaverse of Entertainment Expected to Grow to Almost $29 Billion Driven by Consumer Spending by 2026, Study Says
15.11.2022
A study from Technavio, a market research firm, has predicted that the area of the metaverse dedicated to entertainment, including virtual concerts, video games, and movies, will grow to $28.92 billion in value from 2021 to 2026. The report states that 33% of this growth will originate in U.S....
Citi: Correlation Between Equity Markets, Bitcoin Weakens Following FTX Collapse
14.11.2022
Decentralized exchanges have gained market share as confidence in their centralized equivalents declined, the report said
Ether podría estar avanzando hacia un futuro deflacionario, según el banco Citi
2.11.2022
La volatilidad de la criptomoneda cayó a mínimos históricos tras el éxito de la fusión, según el entidad financiera
Citi Says Ether May Be Moving Toward a Deflationary Future
2.11.2022
The cryptocurrency's volatility dropped to historic lows following the success of the Merge upgrade, the bank said
FX Strategists From Citi Say Euro Could Sink to $0.86 if Macro Turmoil Continues
16.10.2022
While the euro has found support between 0.96 to 0.97 nominal U.S. dollars per unit, foreign exchange (FX) strategists from Citi believe the euro could tap a low of around $0.86 against the greenback. While the dollar slumped on October 13, the fiat currency is rising again and market strategists...
Citi Ventures Backs Its First Digital Asset Manager, Co-Leading a $6M Round in Xalts
6.10.2022
Accel co-led the round for the startup building institutional-grade digital asset products
Los exchange cripto descentralizados están ganando parte del mercado de sus pares centralizados, según Citi
3.10.2022
Una mayor regulación cripto podría llevar a los usuarios a utilizar plataformas descentralizadas, dijo el banco
Citi Says Decentralized Crypto Exchanges Are Gaining Market Share From Centralized Peers
3.10.2022
Increased crypto regulation could drive users to decentralized platforms, the bank said
Euro Taps a $0.973 Low Against the US Dollar, Analysts Claim British and EU Currencies Are Trapped in a ‘Doom Loop’
23.9.2022
On Friday, the official fiat currency of 19 out of the 27 member states of the European Union (EU), the euro, plunged to a low of $0.9732 against the U.S. dollar. The drop comes at a time when fiat currencies like the yen, yuan, and pound have struggled against the greenback during the past...
Citi Says Ether Remains Relatively Stable Despite Significance of the Merge
20.9.2022
Issuance of ETH tokens is estimated to drop 90% to around 600,000 a year, the bank said
SWIFT and Symbiont announce corporate data blockchain pilot
13.9.2022
The message-system processes over five billion transactions a year and seeks to maintain its relevance by integrating disruptive technologies to its business
Citi: Ether Extends Rally Ahead of the Merge Despite Bitcoin Weakness
5.9.2022
La fusión de Ethereum generará varias consecuencias para la blockchain, según Citi
5.8.2022
Ethereum probablemente se vuelva deflacionaria a medida que decrezca su emisión por la continuación del mecanismo de quemado, dijo el banco
Citi: Ethereum’s Merge Will Have Several Consequences for the Blockchain
5.8.2022
Ethereum will probably become deflationary as token issuance decreases while the burn mechanism is maintained, the bank said
First Mover Americas: Bitcoin Nears $24K as Citi Sees Crypto Contagion in Past (Don't Tell Zipmex)
22.7.2022
The latest price moves in bitcoin (BTC) and crypto markets in context for July 22, 2022
Citi Says Crypto Contagion Appears to Have Ceased
22.7.2022
Citi believes the crypto contagion that saw the collapse of multiple companies is now over
Citi calls out potential risks of crypto-backed mortgages and benefits of metaverse property
29.6.2022
"Ultimately, the cryptocurrency may be liquidated if the collateral value falls below a certain threshold, such as 35% of the property value,” said the report
Citi Flags Crypto-Backed Real Estate Mortgages Amid Falling Market Conditions
29.6.2022
Citigroup has published a series of comments on mortgages backed by cryptocurrency as well as digital real estate in the Metaverse
Nexo hires Citibank to advise on acquisitions during market turmoil
23.6.2022
“We’re in this together” — Crypto lending platform Nexo has appointed Citibank to advise on acquisitions from struggling crypto firms