Today’s Insider ⬇️
📈 Ether Season: Citigroup turns bullish on Ethereum, cuts back expectation on Bitcoin outlook
🚀 In-App Tokenized Stock? Telegram wallet to offer tokenized US stocks via Kraken and a backed partnership
⛓ National Crypto Infrastructure: Russia is building its own crypto infrastructure to meet market demand
Market Update
Market | Value | Day PnL | YTD |
Bitcoin | $119,518 | +2.07% | +95% |
Ethereum | $4,411 | +2.41% | +80.95% |
Solana | $225 | +2.76% | +54% |
XRP | $2.97 | +1 | +410% |
S&P 500 | $6,710 | -0.01% | +14.33% |
Gold | $3,859 | -0.18% | +47.03% |
1. Citigroup Boosts Ethereum Forecast Amid ETF Inflows, Lowers Bitcoin Outlook
Market projection: Citigroup raises its year-end Ethereum forecast to $4,500, citing ETF inflows, while lowering Bitcoin's outlook to $133,000 due to macroeconomic factors.
🔎 Insider Insight: Citigroup’s bullish stance on Ethereum reflects growing institutional support, fueled by ETF inflows and staking potential. However, Bitcoin’s slightly reduced forecast highlights sensitivity to broader macroeconomic trends such as a stronger dollar and weaker gold prices.
Top Crypto Insider Pick of 2025
BlockchainFX Presale Nears $9M: Here is Why Investors Are Locking In Fast
BlockchainFX (BFX) is steadily capturing market attention, with its innovative reward mechanism serving as a key differentiator. Designed to benefit its most active participants, particularly token holders, the platform redistributes a share of daily trading fees back to its community, creating an incentive model aligned with user engagement.
Yet the appeal of BlockchainFX extends well beyond rewards. In a market crowded with exchanges offering little distinction, BFX positions itself as a platform focused on delivering a unified, seamless trading experience tailored to the evolving expectations of everyday traders.
Meanwhile, security also remains central to BlockchainFX’s value proposition. The project has undergone multiple independent audits by established firms, including CoinSult, CertiK, and SolidProof, which have bolstered its credibility and investor confidence.
💡 Pro Tip: At a presale price of $0.026, compared to the $0.05 launch price, $BFX offers an attractive entry point for early investors. With its focus on accessibility, innovation, and value, BlockchainFX positions itself as a compelling solution in the trading world, ensuring it’s more than just another token but rather a practical tool for modern traders.
2. Telegram Wallet Teams Up with Kraken to Launch Tokenized U.S. Stocks
Tokenization: Telegram Wallet partners with Kraken and Backed to offer tokenized U.S. stocks, starting with 35 assets in October, with plans to expand to 60 by late 2025.
🔎 Insider Insight: Telegram’s integration of tokenized stocks with a focus on emerging markets signals a push to bridge traditional finance and blockchain for global accessibility. The focus on emerging markets positions Telegram as a pioneer in tokenized equities, leveraging its massive user base and Web3 infrastructure.
What was the first meme coin that gained mainstream popularity?
3. Russia Advances State-Controlled Crypto Infrastructure Amid Market Pressure
Regionalization? Russia is developing a state-controlled crypto infrastructure to support mining and other crypto activities, with calls for faster implementation from market participants.
🔎 Insider Insight: Russia’s push for a domestic crypto framework highlights its ambition to regulate and control the industry while addressing market demand. However, strict limitations on access and payments reflect the government’s cautious approach to decentralized cryptocurrencies.
That’s all for today’s insight. Stay informed, and we’ll see you in tomorrow’s edition.
Till next time,
3Insiders Team
