News – Archive
BitGo Targets Nearly $2 Billion Valuation in US IPO Filing
BitGo has filed for a U.S. IPO aiming to raise up to $201 million.
The offering targets a fully diluted valuation of up to $1.96 billion.
Shares are set to list on the NYSE under ticker BTGO.
Goldman Sachs and Citigroup lead the underwriting syndicate.
The move follows a 2025 revenue surge and over $90 billion in assets under custody.
Digital asset custody giant BitGo has officially filed for a U.S. initial public offer…

Monero Hits New All-Time High as Privacy Coin Demand Surges Amid Zcash Governance Woes
Monero (XMR) reached a new all-time high of $595.96 on January 12, 2026, its first peak since 2018.
The rally follows capital rotation from Zcash after a governance dispute led to the development team’s departure.
Privacy coins are gaining traction amid broader market liquidity improvements, though regulatory risks persist.
Monero, the leading privacy-focused cryptocurrency, has shattered its previous price records, climbing…

Bank of America and Goldman Sachs Upgrade Coinbase to Buy, Highlighting Expansion Beyond Crypto
Bank of America upgraded Coinbase to Buy with a $340 price target, implying nearly 40% upside.
Goldman Sachs raised its rating to Buy, setting a $303 target amid structural growth shifts.
Analysts emphasize Coinbase’s push into new areas like equities trading, prediction markets, and real-world asset tokenization.
Coinbase Global Inc. has garnered positive attention from major Wall Street institutions, underscoring confidence…

Morgan Stanley Files for Spot Bitcoin, Ethereum and Solana ETFs in Surprise Crypto Push
Morgan Stanley submitted S-1 filings for spot Bitcoin and Solana Trusts on January 6, 2026.
A subsequent filing introduced a spot Ethereum Trust with staking exposure.
The moves represent the first attempt by a major U.S. bank to issue its own spot crypto ETFs.
Analysts described the filings as a ‘shocker,’ highlighting strong client demand and growing legitimacy for crypto products.
Morgan Stanley has taken a significant…

Truebit Protocol Hit by $26.6M Exploit, TRU Token Crashes 99.9%
Truebit exploit drains $26.6 million in ETH: An attacker exploited a flaw in a five-year-old smart contract to mint and sell TRU tokens, extracting funds from reserves.
TRU token value obliterated: The native token fell from approximately $0.16 to near zero, losing 99.9% of its value amid liquidity evaporation.
Protocol response underway: Truebit is coordinating with law enforcement and has warned users against interacting with the a…
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