Instead of a shareholder vote on July 2, Adam Back will now have to wait until at least July 10 before his Bitcoin Standard Treasury (BSTR) can decide to advance its merger with Cantor Equity Partners.

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Citi's support for MicroStrategy highlights institutional confidence in crypto strategies despite market volatility and cautious forecasts. Citi maintains buy rating for Strategy with $136 target despite Bitcoin forecast cut.

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Crdit Agricole's EURXT stablecoin launch could accelerate institutional adoption of tokenized assets, reshaping Europe's digital finance landscape. Crédit Agricole rolls out euro stablecoin EURXT on Ethereum.

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Citigroup has lowered its 12-month price targets for Bitcoin and Ethereum after sharply reducing its expectations for institutional capital flowing into spot cryptocurrency exchange-traded funds, highlighting how dependent digital asset valuations have become on ETF demand.