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Cryptocurrencies Resilient Despite Weaker Equity Markets, Increased Regulatory Activity: Citi

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FX Strategists From Citi Say Euro Could Sink to $0.86 if Macro Turmoil Continues – Economics Bitcoin News

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

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Citi Ventures Backs Its First Digital Asset Manager, Co-Leading a $6M Round in Xalts

“With xalts, we are building innovative, institutional-grade investment products and solutions which focus on high compliance and control standards – things institutional investors care about," said xalts Chief Investment Officer Ashutosh Goel, formerly of HSBC, in the press release. "The next leg of growth in digital assets will be driven

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Los exchange cripto descentralizados están ganando parte del mercado de sus pares centralizados, según Citi

Citi dice que los DEX son responsables del 18,2% del volumen de operaciones al contado, y señala que los volúmenes se han mantenido resistentes en más de US$50 mil millones al mes, con ingresos totales de US$3,6 mil millones en el último año. Uniswap continúa dominando, representando alrededor del 70

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Citi Says Decentralized Crypto Exchanges Are Gaining Market Share From Centralized Peers

One potential driver for DEX volumes in the near term is an increase in regulation, the note said. As crypto regulation develops more broadly, with expanded reporting requirements, users could begin to migrate to DEXs from “KYC-heavy CEXs,” it said, referring to “know-your-customer” requirements. The regulatory landscape is expected to

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