Goldman Sachs Upgrades Coinbase to Buy, Downgrades Etoro to Neutral

Published at 2026-01-05 14:15:08

Goldman Sachs has moved to upgrade Coinbase to a Buy and downgraded Etoro to Neutral, signaling a selective confidence in major crypto brokers as the bank assesses the roadmap to 2026. The firm described its stance as “cautiously optimistic” about brokers and crypto firms, suggesting it sees improving fundamentals but is still weighing regulatory and competitive risks.

The split call matters because it frames where institutional and retail flows might concentrate in the coming years: upgrades can lift sentiment and capital into favored platforms, while downgrades point to execution or positioning concerns. For investors and industry watchers, Goldman’s stance underscores that the path to sustainable revenue and growth remains uneven across exchanges and brokerages even as the sector stabilizes.

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Hyperliquid’s HYPE reached a record high against Coinbase shares as the HYPE/COIN ratio climbed to 0.2514, according to TradingView. The move was accompanied by $8.28 billion in trading volume, highlighting intense market interest in the pair.

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Published at 2026-04-10 16:45:54

Russia to Ban Cash-for-Crypto Trades, Require Bank-Mediated Transactions

Russia will prohibit cash-for-crypto transactions and require trades to go through cashless, bank-mediated channels, a senior central bank official said. The measure is meant to increase oversight of crypto-related flows and clamp down on informal peer-to-peer markets.

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Published at 2026-04-10 11:30:09

SEC Seeks Feedback on Listing Options for Grayscale Multi-Asset Crypto ETF

The SEC is evaluating a proposal to list options on a Grayscale multi-asset crypto ETF and has asked for additional public comment as it assesses risks tied to crypto-related derivatives. Regulators want input on market structure, surveillance, and investor protections.

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Published at 2026-04-09 23:00:17

CZ Says Rival Exchanges Spent Millions to Block His Pardon and Binance U.S. Return

Binance CEO Changpeng Zhao alleges U.S. crypto exchanges funded multi-million dollar lobbying to block a pardon from former President Donald Trump and keep Binance out of the U.S. market. The claim has not been independently verified.

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Published at 2026-04-09 21:32:58

Major Android Flaw Exposed Millions of Crypto Wallets to Hackers

Microsoft Defender researchers say a critical bug in a widely used third-party Android SDK may have exposed tens of millions of cryptocurrency wallets to potential data theft. Users and developers are urged to update apps and apply patches immediately.