News with the tag "citi"

A filing by the asset management company Strategy (formerly MicroStrategy) with the U.S. SEC on March 18 revealed that the firm planned to issue an additional 5,000,000 shares of its 10.00% Series A Perpetual Strife Preferred Stock. The firm also confirmed that the stock would be available at $100 p...

In the fast-paced world of cryptocurrency, keeping an eye on traditional financial markets and Forex trends can offer valuable insights. Today, we delve into a significant move by financial giant Citi, which is maintaining a ‘long’ position on NOKSEK – the currency pair representing the Norwegian Kr...

Buckle up, crypto enthusiasts and forex traders! The financial markets are bracing for a potential storm, and the latest forecast from Citi is flashing red for the EUR/USD pair. As we navigate the ever-turbulent waters of global economics, understanding the currents driving currency valuations is cr...

In the fast-paced world of cryptocurrency and global finance, understanding the movements of traditional currencies like the US Dollar is crucial. Recent analysis from Citi suggests a compelling narrative: the risk/reward balance still leans favorably towards holding long dollar positions . But what...

In the ever-evolving world of cryptocurrency and blockchain technology, innovation is the lifeblood. Imagine a space where memes, the internet’s native language, meet the robust infrastructure of blockchain. That’s precisely what’s brewing at Memes Lab, a project dedicated to building within The Ope...

Russia reportedly sent a whopping $5 billion through banking giants JPMorgan Chase and Citigroup in a scheme to skirt US sanctions. According to a report from the Wall Street Journal citing “people familiar with the matter,” investigators at the Justice Department (DOJ) believe Russia used a state-c...

Berkshire Hathaway, the investment conglomerate led by Warren Buffett, reduced its holdings in US banks Bank of America (BoA) and Citigroup shares in the final quarter of 2024. The move, disclosed in a regulatory filing on Friday, comes as Buffett continues to trim Berkshire’s stock portfolio, favor...

Robinhood (HOOD) shares surged in pre-market activity Thursday after the popular trading app reported fourth-quarter earnings that beat Wall Street estimates driven by a massive jump in crypto revenue. The company reported $358 million in crypto transaction revenue in the quarter, the highest contri...

Ether (ETH) has underperformed year-to-date, declining over 20%, but fundamentals are improving and total value locked (TVL) on the Ethereum blockchain has risen dramatically, Wall Street bank Citi (C) said in a research report Monday. "While user activity has been volatile in recent weeks, the fund...

Non-profit organization Public Citizen has urged the US Office of Government Ethics (OGE) and Department Of Justice (DOJ) to investigate the TRUMP memecoin and the potential violation of federal law barring gift solicitation by US President Donald Trump. DOJ Asked To Investigate TRUMP Memecoin On We...