News list for " citigroup"

Citi strategist: US stocks may have hit a short-term peak

Strategists at Citigroup say the current 4.5 per cent rise in US stocks this year may already be the best short-term outcome because of the risks posed by Mr. Trump's policy proposals. The team, led by Scott Chronert, said investors were betting that Mr. Trump's "America First" policies would have a "pro-business" impact. "We...

clock
2025-02-20 10:00:35
Citi will explore cryptocurrency custody services

According to Tree News, citing Bloomberg, Citi will explore cryptocurrency custody services.

clock
2025-02-14 16:17:25
Citi: ETH is down more than 20% year-to-date, but fundamentals are improving

On February 11th, Citibank's latest report pointed out that the price of Ethereum (ETH) has fallen by more than 20% this year, but its fundamentals are improving. The total value lock (TVL) on the Ethereum network has risen sharply, while the Ethereum ETF continues to attract capital inflows, with a cumulative inflow of $3.20 billion since its launch in July. In addition, related search heat is also on the rise. Despite the recent volatility in user activity, Citi analysts say that the fundament...

clock
2025-02-11 08:49:55
Receipts Depositary, a startup founded by former Citigroup executives, will launch XRP-backed securities

Receipts Depositary Corp. (RDC), a start-up founded by a group of former Citigroup executives, is planning to launch XRP-backed securities, which will give institutions access to XRP securities through a regulated U.S. market infrastructure, according to people familiar with the matter. The company will offer depositary receipts, similar to American Depositary Receipts (ADRs), representing foreign shares in U.S. bourse. The product will only be offered to qualified institutional buyers through t...

clock
2025-02-07 21:58:52
Citi: The long-term correlation between the crypto market and the stock market will weaken

On February 5th, according to CoinDesk, Wall Street bank Citi said in its latest research report that the correlation between bitcoin and the stock market is expected to weaken in the long term as the adoption of digital assets grows. Citi pointed out that while the stock market remains the main macro driver of the crypto market, with the maturation of the crypto asset market, the expansion of the investor base, technological advancements and increased adoption, the stock market and crypto asset...

clock
2025-02-05 09:23:08
Citigroup (C. N) 2024 Q4 revenue of $19.58 billion, the market expectations of $19.42 billion, the same period last year $17.44 billion.

Citigroup (C. N) 2024 Q4 revenue of $19.58 billion, the market expectations of $19.42 billion, the same period last year $17.44 billion.

clock
2025-01-15 13:00:13
Citigroup (C. N) will buy back $20 billion of shares.

Citigroup (C. N) will buy back $20 billion of shares.

clock
2025-01-15 13:01:34
Citi: Non-farm payrolls will show that the US labor market continues to weaken

Citigroup economist Andrew Hollenhorst expects only 120,000 new non-farm jobs to be created in December, with an unemployment rate of 4.4%. This will remind the market that the labor market has not yet stabilized and continues to weaken. However, she believes companies will continue to increase headcount, even at a gradual pace, once some of the current instability subsides. The overall picture will remain flat and there will be no drastic changes. (Jin Ten)

clock
2025-01-10 05:22:35
List of important developments at noon on December 12

7:00-12:00 Keywords: Trump, Citi, Korea, Polymarket Google released Gemini 2.0 late at night. 2. ChatGPT encountered an outage, and the official is working hard to launch a fix; 3. The journal Nature reports on the DeSci project ResearchHub; BlackRock and Fidelity bought more than $500 million worth of ETH in the past 48 hours. 5. PenAI: API and ChatGPT services are partially restored, but Sora is still paralyzed. FTX/Alameda redeemed 181,232 SOLs from the pledge and distributed them 5 hours ago...

clock
2024-12-12 04:01:01
List of important developments at noon on December 9

7:00-12:00 Keywords: Trump, Citi, Korea, Polymarket 1. Trump appointed Needham as a presidential advisor to the US State Department. 2. Tokens such as APT, STRK, and SEI will be unlocked in large quantities this week. 3. Trump: Will not divest from social media platform Truth Social; 4. Citi: The impeachment case of Yoon Seok-yuk may affect South Korea's economic confidence, national budget and exchange rate. November NFT sales increased by nearly 63%, and Bitcoin NFT sales reached $188 million....

clock
2024-12-09 04:01:54
Citi: Yin Xiyue impeachment case may affect South Korea's economic confidence, national budget and exchange rate

Kim Jin-wook and Choi Joo, economists at Citigroup, said that heightened long-term political uncertainty over the impeachment of President Yoon Seok-yeol of South Korea could weaken overall economic confidence and discretionary spending. They said the Bank of Korea was more likely to cut interest rates in January if the legislature failed to pass the 2025 national budget in December, adding that political developments could prompt more capital outflows and pose upside risks to the dollar against...

clock
2024-12-09 01:31:57
Citi Research Report: counterfeit products will benefit more from the regulatory slowdown, and have not yet seen a significant increase in on-chain activity

The nomination of digital asset-friendly Paul Atkins as SEC chairperson provides the ultimate impetus Bitcoin needs to break through the 100,000, analysts led by Alex Saunders wrote in a report published Thursday by Citibank. Bitcoin continues to be underpinned by ETF funding and other purchasing power as adoption grows. But counterfeit products could benefit more from looser regulatory environments,...

clock
2024-12-06 10:09:11
When He Lifeng met with Fan Jieen, CEO of Citigroup in the United States, he pointed out that China is continuing to expand its financial high-level two-way opening up and welcomes foreign-funded enterprises to deepen cooperation with China

On November 21st, when He Lifeng, a member of the Political Bureau of the CPC Central Committee and Vice Premier of the State Council, met with Fan Jieen, CEO of Citigroup in the Great Hall of the People on the evening of the 21st, he said that China is fully implementing the spirit of the Third Plenary Session of the 20th Central Committee of the Communist Party of China, further deepening the reform of the financial system, continuing to expand the high-level two-way opening up of finance, and...

clock
2024-11-21 13:36:42
Citi CEO: Trump is expected to have a positive impact

Citigroup CEO Fraser said that looser regulation will help U.S. industries lead, and Trump is expected to support economic growth and have a positive impact.

clock
2024-11-08 15:41:12
Citi: Continued jobless claims suggest weakness in the U.S. job market

Gisela Hoxha, an economist at Citibank, wrote that the four-week moving average of U.S. unemployment benefit renewals has continued to rise recently, indicating that the labor market is weakening. The figure has been higher than this time last year, reflecting a slowdown in hiring and longer periods of time for the unemployed to seek employment. This weakness may make it harder for official employment data to show that the labor market has rebounded from the hurricane. Hoxha wrote: "If unemploym...

clock
2024-11-07 16:02:36

7x24 Newsflash

04:40 2025-03-16
Aave: The community is not interested in the possible launch of the Horizon token, and consensus will be respected
On March 16th, Aave Co-founded Stani recently announced the launch of RWA product Horizon, but hinted that it may launch Horizon tokens, which has also been questioned by the community. According to Temp Check, part of Horizon's profits will be allocated to Aave DAO, and if the token is launched, 15% will be allocated to Aave DAO. The community believes that new tokens and brands will take away the value of Aave. L1D investment partner 0xLouisT said that launching new tokens for new business lin...
04:18 2025-03-16
Addresses suspected to belong to DFG founder have hoarded $18.68 million of UNI and MKR
According to on-chain analyst @ai_9684xtpa monitoring, the address suspected to belong to DFG founder James Wo (@realjameswo) has hoarded a total value of 18.68 million US dollars of UNI and MKR, since 02.03 the address has accumulated 1.97 million UNI (17.67 million US dollars) from Binance, the average price is 8.97 US dollars, and the current float is 5.357 million US dollars; in addition, five hours ago, 1.02 million US dollars of MKR was raised.
04:03 2025-03-16
Golden Noon News | List of important events at noon on March 16
7:00-12:00 Keywords: Salvador, Kaito AI, AVAX, MNT 1. The US spot bitcoin ETF saw a net outflow of 829.90 million dollars this week; 2. Ethereum developers: Crypto wallets will integrate agents in a few years. 3. Pakistan established a cryptocurrency committee to oversee blockchain and digital assets. 4. El Salvador has increased its holdings of 13 bitcoins in the past 7 days, bringing its total holdings to 6,117.18. 5. Cumulative net inflows into U.S. spot bitcoin ETFs have fallen to their lowe...
03:42 2025-03-16
Ethereum Developer: Crypto Wallet Will Integrate Agents in Few Years
Ethereum developer Erik.eth says today's common wallet user experience will disappear entirely in just a few years. Users will no longer need to click "connect" and "sign". Users will need to talk to agents, who will do all the work on the chain for them.
03:30 2025-03-16
Xinhuanet: Beware of hyping Yuan Universe Investment, criminals are counterfeiting trading platforms under the banner of "Future Currency"
Xinhuanet published an article "Focus on" 3.15 "| Using AI to change faces and hype meta-universe investment". The article pointed out that some criminals used the banner of "future currency" and "high returns" to falsify trading platforms and exaggerate income data, making people mistakenly believe that investing in virtual currency is a good business that can make a profit without losing money. Once the income funds are controlled by the market, the value of "currency" will plummet, and even c...
03:24 2025-03-16
Monad Lianchuang: The maximum contract size on the testnet has been increased to 128kb.
On March 16, according to Monad's Keone Hon, the maximum contract size on the Monad testnet has been increased to 128kb (Ethereum's limit is 24.5kb).
03:02 2025-03-16
The US Spot Ethereum ETF saw net outflows of $189.90 million this week
Sister Lin, head of Asia Pacific commerce at Deribit, said on social media that the total net outflow of spot Ethereum ETF in the United States reached 189.90 million US dollars this week, and a total of 99266.82 ETH was reduced. BlackRock reduced its holdings by 33776.47 and Fidelity reduced its holdings by 31,695.05, which was heavy. The price of ETH has fallen below the $2,000 mark, and the exchange rate of ETH/BTC is also constantly falling, currently only 0.0229.
03:02 2025-03-16
US Spot Bitcoin ETFs saw net outflows of $829.90 million this week
This week, the US spot bitcoin ETF net outflow of $829.90 million, a total of 10358.34 BTC, only a small inflow of 160.44 on Wednesday, the rest of the time are net outflows. BlackRock reduced its holdings by 4239.38, Fidelity reduced its holdings by 3813.02. The current price hovers at $84,000, the market panic greed index is 30 (fear), the short-term market sentiment is low, the Federal Reserve's interest rate meeting on March 20, and the tariffs to be implemented in April are all challenging ...
02:44 2025-03-16
Kaito AI founder: The hacker who attacked the official X account is suspected to have made nearly 1 million dollars
Yu Hu, founder of Kaito AI, posted on the X platform that according to relevant clues, the hackers who attacked Kaito AI's official tweet and my X account are suspected to be related to the hackers who previously attacked @tier10k, who profited nearly 1 million dollars by opening a position on Hyperliquid. However, neither KAITO wallet nor token supply was affected. Everything is very strange. There is no new X login notification. During the whole process, both personal accounts and KAITO accoun...
02:40 2025-03-16
Shenzhen: Cancel household registration and first-home restrictions on off-site housing provident fund loans
On March 16, the Shenzhen Municipal Housing Provident Fund Management Committee issued two documents on March 16, "Supplementary Provisions on the Administration of Shenzhen Housing Provident Fund Loans" and "Notice on Matters Related to the Interest Subsidy of the Housing Provident Fund in our City", which adjusted and optimized the Shenzhen Housing Provident Fund loan and interest subsidy policies. It is mentioned that in order to facilitate employees who deposit in different places to buy pro...
02:11 2025-03-16
A whale/institution continues to extract AUCTION from Binance, with a total of 365,000 extracted in the past 2 days
According to Ember Monitor, a whale/institution has raised 365,000 AUCTION (9.62 million USD) from Binance in the last 2 days through one address. Now, they have raised a total of 25% AUCTION (1.866 million) from Binance through 4 addresses, worth 49.40 million USD. After the huge amount of AUCTION was withdrawn by them, the AUCTION in Binance address is now only 9% (706,000). Ember said that this large number of proposed tokens is often accompanied by relatively large price fluctuations (pop or...
02:02 2025-03-16
Pakistan Establishes Cryptocurrency Council to Regulate Blockchain and Digital Assets
The government of Pakistan has established the Pakistan Cryptocurrency Council (PCC) to oversee the integration and use of blockchain technology and digital assets in the country's financial sector. The PCC's agenda includes developing clear regulatory guidelines for cryptocurrency adoption, collaborating with international cryptocurrency and blockchain organizations, and promoting responsible innovation. The council will also focus on consumer...