Tag: citi

Jul 24 2022

Bitcoin ‘Back With A Vengeance’ – Crypto Liquidity Crisis Is Over, Citi Report Suggests

Jul 24 2022 Published at Bitcoinist.com under tags  bitcoin btc btcusd citi crypto

Bitcoin could be seeing the proverbial light at the end of the tunnel, at least that's what a major American multinational investment bank is saying on its latest findings. Multiple evidence indicate that the liquidity crisis in the broader cryptocurrency markets may have seen the worst. This is the conclusion suggested by Citi Bank, in its latest study. Since its November peak last...

Jun 22 2022

Citibank, Swiss Crypto Firm Partner To Develop Bitcoin Custody Services

Citibank, a major global banking institution, revealed on Wednesday that it has hired Switzerland-headquartered crypto custody firm Metaco to establish a digital asset custody platform. The collaboration will focus on tokenized securities, which are representations of stocks and bonds that are transferred and settled using blockchain technology, according to an email from a Citibank official. Citibank, which manages more than $27 trillion in...

Apr 04 2022

Metaverse Economy Has Potential to Reach $13 Trillion, Says Citi

Citi, one of the largest financial services providers in the world, has recently released a report on the future of Metaverse. The report noted that the economy around Metaverse has the potential t...

Nov 23 2021

Citigroup to Add 100 Digital Asset Roles

The bank has already structured and appointed the head of its new digital asset push.

Citi Set To Expand Digital Assets Division With 100 New Hires

Multinational bank Citi is on a hiring spree to expand its blockchain and digital assets division. The company first launched its digital assets division in June this year. Now, it plans to grow the division by hiring 100 new people. Related Reading | Why Citi Is “Slowly” Building A Crypto Infrastructure, CEO...

Nov 22 2021

Oct 26 2021

Oct 25 2021

Why Citi Is “Slowly” Building A Crypto Infrastructure, CEO Says

Oct 25 2021 Published at Bitcoinist.com under tags  bitcoin btc btcusd citi crypto

In an interview with Yahoo Finance, Jane Fraser CEO at Citi Group talked about the future of finances and its potential integration with the crypto industry and digital currencies. Related Reading |...

May 07 2021

Citi Considering to Launch Crypto Services

Interest in crypto spiked within the client base of the investment bank.

Mar 02 2021

Bullish: Citi Claims Bitcoin is “At The Tipping Point” to Become Mainstream

Mar 02 2021 Published at Blockonomi under tags  bitcoin btc citi citi bank finance

Citigroup, one of the big four financial institutions in the United States, has recently published a report titled “Bitcoin: At The Tipping Point” in which the organization claims that cryptocurrencies are ready to become mainstream. The report was officially published on March 1st at a time when companies like Tesla, Paypal, Twitter, and Mastercard have [...] The post Bullish: Citi Claims Bitcoin is...

Mar 01 2021

Citi Says Bitcoin Could Become “Currency of Choice for International Trade”

Bitcoin could be the world's first choice currency for international trade, according to Citi analysts. Bitcoin as a "Global Trade Facilitator" Bitcoin is "at the tipping point of mainstream acceptance or a speculative implosion," according to a Citi report. ...

Citigroup Releases Report on Bitcoin

The Bank mentioned that the world’s largest cryptocurrency is at a tipping point.

Feb 11 2021

BNY Mellon Announces Crypto Custody and Spies Integrated Services

Feb 11 2021 Published at CoinDesk under tags  bny mellon business citi custody goldman sachs

The world’s biggest custodian bank beats rivals JPMorgan and Citi to the punch.

Jan 19 2021

Just-In: CITI Bank Extends Partnership With Ripple Powered Volante’s VolPay

Citi Treasury and Trade Solutions (Citi) has announced the extension of its long-standing partnership with key Ripple partner Volante Technologies, a global provider of payments and financial messaging solutions. The partnership would help CITI in the adoption of hugely popular ISO 20022 financial messaging standards across its global payments operations, as the new payment standard The post Just-In: CITI Bank Extends Partnership With...

Dec 04 2020

Citigroup Helping World Governments Build Digital Currencies, CEO Says

Dec 04 2020 Published at CoinDesk under tags  cbdc citi digital currency news

Michael Corbat's multinational banking giant has been calling digital currency all but inevitable since 2014.

Nov 19 2020

Bitcoin Bull Market to Continue in 2021 as Citi Predicts 20% Dollar Crash

Nov 19 2020 Published at Bitcoinist.com under tags  bitcoin btcusd btcusdt citi cryptocurrency

Earlier this year, Nasdaq-listed MicroStrategy converted its $425 billion worth of cash reserves to Bitcoin. Explaining its bold call to invest in an asset that remains notoriously volatile and unregulated, the firm's CEO Michael J. Saylor...

Nov 16 2020

Citibank Executive Says Bitcoin Could Pass $300K by December 2021

Nov 16 2020 Published at CoinDesk under tags  bitcoin business citi citibank markets

A senior executive at U.S. financial giant Citibank has released an internal report drawing on similarities to the 1970s gold market and bitcoin.

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