Tag: News
Federal Reserve Chair Jerome Powell personally disclosed an active federal criminal investigation in a video statement.
The probe focuses on Powell’s earlier congressional testimony regarding a Fed office building renovation project.
Powell described the allegations as a “pretext” aimed at undermining central bank independence.
Bitcoin briefly surpassed $92,000 following the news amid broader market volatility.
Federal...
BitGo Targets Nearly $2 Billion Valuation in US IPO Filing
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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...
Monero Hits New All-Time High as Privacy Coin Demand Surges Amid Zcash Governance Woes
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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,...
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...
Morgan Stanley Files for Spot Bitcoin, Ethereum and Solana ETFs in Surprise Crypto Push
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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...
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