Citigroup raises its price target on cryptocurrency exchange Bullish to $70 and reiterates its buy rating

Odaily Planet Daily News: Due to better-than-expected second-quarter results, strong IPO momentum, and accelerated growth at SS&O, Citigroup raised its target price for cryptocurrency exchange Bullish to $70. Citigroup said that the long-awaited BitLicense approval from the New York Department of Financial Services (NYDFS) eliminated a key regulatory hurdle and boosted investor confidence. Citigroup also reiterated its buy rating, saying the company has attractive operating leverage. (CoinDesk)