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Multiple institutions collectively lowered their price targets for Coinbase, with Barclays cutting its target to $120.
Jefferies cut Coinbase's price target to $174 from $183; Mizuho cut to $145; Barclays cut to $120 from $149; Wells Fargo cut to $174 from $200; Canaccord cut to $275 from $300; Needham cut to $197 from $205; Compass Point cut to $165 from $187.
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Previous: Binance CEO CZ retweeted an official Binance statement, announcing that token recovery has begun and adding that Binance naturally accumulates tokens through trading fees to ensure user funds are safe (SAFU).
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Next: Musk mocked Binance's $6.3 billion theft incident. Binance founder CZ retaliated by stating that his SpaceX shares are worth over $1 billion and disclosed that the stolen amount was approximately $2 billion. Binance plans to resume withdrawals within 45-48 hours.
24H Trending
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1
The 10-year U.S. Treasury yield is down approximately 8 basis points from its previous close, currently at 4.96%.
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ZachXBT: Axis Robotics insiders dumped approximately 42 million AXIS tokens, causing a 40% crash; project team attributes it to OTC counterparty default.
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New ECB staff estimates show bond yield rise cutting 2027-28 growth by a cumulative 100 BPS and inflation by 90 BPS vs Sept baseline.
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Iranian President Pezeshkian stated that Iran is ready to expand cooperation with Turkey to serve common interests and enhance regional security.
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Israel continues its attacks on Gaza, with the Gaza Ministry of Health stating that dozens have died while awaiting permission to leave, renewing calls to open the Rafah crossing.
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Event prediction platform Kalshi completes $1 billion funding round, reaching a valuation of $40 billion, with non-sports revenue run rate exceeding $1 billion.
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DBS Hong Kong to launch DBS Vantage Card, Hong Kong's first Visa Infinite Privilege Card
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ECB's Cipollone: Europe to move to T+1 securities settlement on 11 October 2027; Eurosystem expands tokenised finance infrastructure
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Binance hacker finishes dumping UNI, ENA, PEPE, LINK, AAVE, ONDO, WLD for 70,480 ETH ($158.25M)
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onXRP Team to Launch New Trading Method on XRP Ledger Next Week
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