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Tag: Cryptocurrencies

Bank of America and Goldman Sachs Upgrade Coinbase to Buy, Highlighting Expansion Beyond Crypto

Bank of America and Goldman Sachs Upgrade Coinbase to Buy, Highlighting Expansion Beyond Crypto

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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...

Cryptocurrencies, Front page, News

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Truebit Protocol Hit by .6M Exploit, TRU Token Crashes 99.9%

Truebit Protocol Hit by $26.6M Exploit, TRU Token Crashes 99.9%

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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...

Cryptocurrencies, Front page, Hacks, News

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Bitcoin ETFs See Substantial Outflows as Price Dips Below ,000

Bitcoin ETFs See Substantial Outflows as Price Dips Below $90,000

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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...

Cryptocurrencies, Front page, News

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Metaplanet Shares Hit Three-Month Premium After MSCI Shelves Exclusion Plan for Bitcoin Treasury Firms

Metaplanet Shares Hit Three-Month Premium After MSCI Shelves Exclusion Plan for Bitcoin Treasury Firms

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MSCI has opted not to exclude companies with over 50% of assets in digital currencies from its indexes for the February 2026 review. Metaplanet’s shares rose 4% in Tokyo trading, boosting its market-to-net asset value ratio to1.25. The decision averts immediate selling pressure but flags future consultations on non-operating entities. Japanese firm Metaplanet saw its stock climb to a three-month premium relative to...

Bitcoin, Cryptocurrencies, Front page, News

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XRP Rockets 11% to .40 as ETF Inflows Hit Record Highs and RLUSD Gains Regulatory Edge

XRP Rockets 11% to $2.40 as ETF Inflows Hit Record Highs and RLUSD Gains Regulatory Edge

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XRP surged 11% to nearly $2.40, outperforming major tokens amid institutional buying. Spot XRP ETFs recorded $48 million in daily inflows, pushing cumulative totals past $1 billion since November 2025 launch. Ripple’s RLUSD stablecoin receives national bank-grade oversight, positioning it for broader institutional use. Analysts forecast potential upside to $8 by end-2026, citing regulatory clarity and ecosystem...

Cryptocurrencies, Front page, News

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