Citi Calls For Much Higher BTC, NEAR ETF Goes Live, And More – Weekly Recap

This week’s stories spanned institutional forecasts, security failures and new crypto products. Citi raised its 12-month bitcoin target to $113,000 and projected $5 billion in crypto fund inflows. NEAR Intents disclosed a $3.8 million exploit, while Zano rewound its chain by 30 days after more than $200 million in illicit token minting. Bitwise launched a […]
Key Takeaways
- This week’s stories spanned institutional forecasts, security failures and new crypto products.
- Citi raised its 12-month bitcoin target to $113,000 and projected $5 billion in crypto fund inflows.
- NEAR Intents disclosed a $3.8 million exploit, while Zano rewound its chain by 30 days after more than $200 million in illicit token minting.
Summary generated by IndiCrypto from News.Bitcoin.com. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.
More in Regulation

A Crypto Project Hasn’t Delivered Your Tokens. What Can You Do?
Law and Ledger is a news segment focusing on crypto legal news, brought to you by Kelman Law – A law firm focused on digital asset commerce. The opinion editorial below was written by Michael Handelsman for Kelman.Law. You funded a crypto project under a…
Crypto's Layoff List Grows as Anchorage Digital Reportedly Trims 17% of Its Workforce
Anchorage Digital, the first federally chartered US digital asset bank, has reportedly laid off 17% of its staff. Chief Executive Nathan McCauley told employees about the cuts this week, according to The Information. The report cited people familiar with the…

4 Crypto Sectors Gained From CLARITY Act Failure, Bitwise Says
Crypto’s rally after a major legislative setback has an unexpected explanation, according to a new Bitwise analysis. Matt Hougan identifies four areas where the outcome created advantages, alongside one risk that could reverse them. Stablecoin Platforms…