Citigroup has reportedly hiked its 12-month forecasts for bitcoin and ether as cryptocurrency activity picks up. The brokerage raised its target for bitcoin from $82,000 to $113,000, and its forecast for ether from $2,240 to $3,028, Reuters reported Thursday (Oct. 1), citing a note from...
Five years ago, the government of El Salvador made bitcoin legal tender in the country. Now, the country’s government is shifting to another form of cryptocurrency in its effort to transform money movement, Bloomberg News reported Tuesday (Sept. 29). According to the report, Nayib Bukele’s administration is...
Block aims to establish a national trust bank that would provide custody and related fiduciary services, including those for bitcoin and stablecoins, the company said in a Tuesday (Sept. 8) press release. Block said in the release that it submitted an application to the Office...
Hackers siphoned away $320 million from the Liquid Network blockchain, the latest in a string of high-profile cryptocurrency thefts. In a post on social platform X Sunday (Sept. 6), the company said a group of “purported white-hat hackers” were behind the incidents. This is a...
May 18, 2026
There are few economic bottlenecks more consequential than the Strait of Hormuz. Roughly a fifth of global oil consumption passes through the narrow waterway connecting the Persian Gulf to the Arabian Sea, making it less a regional shipping lane than a structural pillar of the global economy. When traffic through Hormuz is disrupted, as it […]
April 02, 2026
Today’s operating landscape is full of pitfalls for businesses, particularly crypto-native ones. Companies that spent years building up bitcoin treasuries are now reportedly exiting the market, while on Wednesday (April...
February 27, 2026
Digital assets have gotten boring enough that their growth is now buried in procedural filings, not viral social media headlines. Take, for example, the news that blue-chip global bank Morgan...
February 12, 2026
The digital asset economy’s early growth was driven primarily by speculative trading. It still is today. And while the industry has been trying to break away from its reliance on...
October 01, 2026
Citigroup has reportedly hiked its 12-month forecasts for bitcoin and ether as cryptocurrency activity picks up. The brokerage raised its target for bitcoin from $82,000 to $113,000, and its forecast for ether from $2,240 to $3,028, Reuters reported Thursday (Oct. 1), citing a note from Citi. That note said the bank anticipates that crypto inflows […]
September 29, 2026
Five years ago, the government of El Salvador made bitcoin legal tender in the country. Now, the country’s government is shifting to another form of cryptocurrency in its effort to...
September 08, 2026
Block aims to establish a national trust bank that would provide custody and related fiduciary services, including those for bitcoin and stablecoins, the company said in a Tuesday (Sept. 8)...
September 07, 2026
Hackers siphoned away $320 million from the Liquid Network blockchain, the latest in a string of high-profile cryptocurrency thefts. In a post on social platform X Sunday (Sept. 6), the...