Blockchain Bites: Data Unions. Hard Forks. And One Citi Analyst's Case for $300K BTC.

A Citibank managing director thinks bitcoin could hit $318,000.

Bitcoin Cash's latest fork looks set to fail.

Technical comparison?A Citibank executive published a report predicting that bitcoin could reach $318,000 by December 2021.

Six criticismsFidelity Director of Research Ria Bhutoria rebutted six common criticisms of bitcoin in a recent viral blog post.

Published Thursday, the corporate blog examined supposed fallacies that bitcoin's volatility means it cannot be a store of value, that bitcoin hoovers up energy and that bitcoin fails as a payments mechanism for all but criminals.

Grayscale bought another 15,114 bitcoin in its largest raise to date.

"On our end, we are seeing an uptick in the number of investors looking at earning yield from lending out bitcoin," Pangilinan said.

In the latest "Hard fork" of the network, two of the blockchain's major clients, Bitcoin Cash ABC and Bitcoin Cash Node, are hashing it out over control of the sixth largest cryptocurrency by market cap.

Many have criticized Bitcoin Cash's "Fork first" governance, which often introduces uncertainty into the market.

As Cointelegraph reports, Grayscale Investments' Bitcoin Cash Trust fell $1.6 million following the announcement that the crypto asset would be forking on Nov. 15.