Golden Financial reported that, according to CoinDesk, Citigroup has lowered the neutral rating target price for Gemini while raising the buy rating target price for Bullish. Citigroup's analyst team stated that the rise in Gemini's transactions will take longer, and although the credit card sign up numbers and app downloads were strong in October, the volume is still below expectations. The approval of Bullish for the New York BitLicense and the expansion of institutional access are strong signs of its growth momentum.
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Under the flower flag, the target price for Gemini is downgraded, while the Bullish target price is raised.
Golden Financial reported that, according to CoinDesk, Citigroup has lowered the neutral rating target price for Gemini while raising the buy rating target price for Bullish. Citigroup's analyst team stated that the rise in Gemini's transactions will take longer, and although the credit card sign up numbers and app downloads were strong in October, the volume is still below expectations. The approval of Bullish for the New York BitLicense and the expansion of institutional access are strong signs of its growth momentum.