News – Archive

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 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 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…

U.S. spot Bitcoin ETFs experienced net outflows between $243 million and $486 million on January 7, 2026, ending a brief inflow streak. Bitcoin’s price dropped below $90,000 on January 8, reflecting a 2% decline over 24 hours amid broader market caution. Analysts attribute the moves to portfolio rebalancing and normalization, not a fundamental shift in institutional interest. Bitcoin’s early 2026 rally has hit a speed bump, w…