Key Highlights Citigroup raised its 12-month bitcoin forecast from $82,000 to $113,000 and its ether forecast from $2,240 to $3,028. Citi expects gradual cryptocurrency ETF adoption to generate $5 billion in inflows over the next 12 months. U.S. spot bitcoin ETF flows have shifted from $5.8 billion in year-to-date net outflows as of July 13 ...
Key Highlights Donald Trump has not announced nominees to fill vacant leadership seats at the SEC and CFTC. A White House official said Trump intended to nominate members to both agencies “in the near future.“ Without the CLARITY Act, the SEC and CFTC are continuing to shape crypto regulation through agency rulemaking and guidance. SEC ...
The U.S. Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) are moving ahead with separate cryptocurrency regulatory initiatives as Congress remains…