
Good Evening Legends! 🔥 Before my GN, today's crypto highlights: - Citi raised its 2027 Bitcoin target to $113,000 from $82,000, citing a supportive macro backdrop, gradual advisor allocation and about $5 billion of ETF inflows over 12 months. - Bitcoin ETFs saw $148 million of outflows on Wednesday, ending a nine-day inflow streak, though September still closed with $2.65 billion of net inflows. - Bitcoin closed the third quarter up 39.6%, outperforming gold, silver and the S&P 500. - October has historically been strong for Bitcoin, with 11 of the past 16 Octobers finishing in the green. - 42 Macro's founder says Bitcoin deserves a portfolio allocation because it is a different exposure than both stocks and gold. - NEAR Intents lost $3.8 million to an exploit in its Omni deposit and withdrawal system; the bug is fixed and affected funds will be fully compensated. - The Dutch Senate withdrew a 36% tax on unsold Bitcoin and crypto over fears of an investor exodus, while gains on self-custody Bitcoin are still taxed at 36%. - Illinois delayed its 0.2% tax on Bitcoin and crypto buys, sales and transfers by six months, with a judge's ruling still pending. - US initial jobless claims came in at 197,000 against 201,000 expected, which together with cooler PCE inflation keeps the door open for Fed easing. - US ISM Manufacturing came in at 54.5 in September, below the 55.0 expected, while prices paid jumped to 77.9, leaving the Fed room to ease slowly.


