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Citi raises Strategy valuation to $240 on higher Bitcoin forecast
Citi raised its 12-month view for Strategy shares to $240 from $136. The bank lifted its 12-month Bitcoin forecast to about $113,400 from $82,000, a 39% increase.
- Citi linked about 16% of expected upside to expansion in Strategy's mNAV multiple.
- Citi raised its Bitcoin Yield Multiple assumption to 4.0x from 2.5x.
Hackers hijack Microsoft X account to promote fake Clippy crypto token
Reports cite BTC, ETH, XRP and SOL breakout targets
71% of UK finance leaders expect tokenization to reshape financial services
Bitpanda executives say MiCA boosts retail trust in regulated crypto firms
Bitpanda executives said Europe's Markets in Crypto-Assets Regulation has increased retail trust in regulated crypto firms. Lukas Enzersdorfer-Konrad said MiCA creates clear and uniform rules.
Anchorage Digital cuts 17% of staff amid crypto market downturn
Anchorage Digital, a $4.2 billion federally chartered US digital asset bank, reportedly cut 17% of its workforce this week.
BNY in talks with Kraken parent Payward on digital asset partnership
BNY is in talks with Payward, the parent company of crypto exchange Kraken, about a potential partnership covering digital assets and financial infrastructure.
Cardano daily transactions hit seven-day high and later climbed 29%
Cardano daily transactions reached 33,467 on Sept. 30, 2026, a seven-day high and a 43% rise from 23,400. The network processed roughly 190,000 transactions from Sept. 24 to Sept.
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