Citi Executive Warns Stablecoin Interest Payments Could Drain Bank Deposits Like the 1980s Crisis

Concerns over stablecoins offering interest returns have echoed the 1980s deposit flight, with Treasury data suggesting up to $6.6T in outflows. Banks have lobbied Congress on GENIUS Act gaps, while Citi has examined a digital token and crypto platforms continue to provide rewards to holders.
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​​ChatGPT’s Bitcoin Analysis Flags $112K Support Amid $2.7B Whale Liquidation

ChatGPT’s Bitcoin Analysis has detailed Bitcoin’s $112,398 level after a $2.7B whale selloff, testing 100-day EMA support at $110,856. While whales drive liquidation cascades, MicroStrategy has countered with a $357M accumulation, raising its holdings to 632,457 BTC amid market volatility.
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