Browsing: Bitcoin

Omkar Godbole is a Co-Managing Editor and analyst on CoinDesk’s Markets team. He has been covering crypto options and futures, as well as macro and cross-asset activity, since 2019, leveraging his prior experience in directional and non-directional derivative strategies at brokerage firms. His extensive background also encompasses the FX markets, having served as a fundamental…

Citigroup has raised its 12 month Bitcoin forecast to $113,000 and its Ether target to $3,028 as ETF inflows return and crypto markets recover from their midyear slump. Citi raised its 12 month Bitcoin target from $82,000 to $113,000 and its Ether forecast from $2,240 to $3,028. The bank expects $5 billion in crypto inflows…

Omkar Godbole is a Co-Managing Editor and analyst on CoinDesk’s Markets team. He has been covering crypto options and futures, as well as macro and cross-asset activity, since 2019, leveraging his prior experience in directional and non-directional derivative strategies at brokerage firms. His extensive background also encompasses the FX markets, having served as a fundamental…

Stacks (STX) has seen a notable 13.29% increase in the last 24 hours, driven by rising intraday volume and outperformance relative to Bitcoin, indicating momentum and flow-driven buying rather than a single news event. The primary catalyst appears to be Anchorage Digital’s announcement to support Bitcoin staking and BTC bond products on Stacks, enhancing the…