Robinhood stock slides even as Morgan Stanley lifts target to $124

The post Robinhood Chain scams are already costing users dearly appeared on BitcoinEthereumNews.com. Robinhood (Nasdaq:HOOD) launched the public mainnet of its new blockchain on July 1, and unfortunately, tons of people are already losing money trading its coins. Bad actors are using a variety of scam contracts, memecoin rug-pulls, phishing links, and garden variety theft, leading to complaints of loss flooding onto social media. Relay Protocol warned about scam tokens on the new Robinhood Chain: “If you bought one, the funds you spent are unfortunately gone.” In this example, scam contracts are accepting a token swap, briefly crediting the buyer’s wallet yet immediately transferring the tokens back to the deployer’s wallet. In other words, users unwittingly purchased tokens for someone else. Another trader alleged that Robinhood Wallet’s default sell screen auto-populated a Robinhood Chain scam coin called USER. Unless someone modified that default, the position would vaporize. “$600

The post Founders Debate Ethereum L2 Value After Robinhood Chain Launch appeared on BitcoinEthereumNews.com. Ethereum L2 debate returns as Robinhood launches an ETH-denominated Layer-2 network. Founders debate whether Layer-2s strengthen Ethereum or shift activity from its base layer.  Leighton Cusack said Ethereum’s value comes from ETH adoption, liquidity, and asset issuance. The role of Ethereum in the Layer-2 ecosystem is back in focus after the launch of Robinhood’s Ethereum-denominated Layer-2 network.  World Network co-founder Leighton Cusack argued that recent bullish developments are being framed as negatives because of weak market sentiment. Cusack said Ethereum has been “so abused for the last two years” that even positive news, like Robinhood launching an ETH-denominated L2, is being portrayed negatively. “Narratives follow price,” he added. L2s and Ethereum’s Value Capture In response, Multicoin Capital managing partner Kyle Samani repeated his long-held view that Layer-2

Kraken is rebuilding its app with AI in its core, joining Coinbase and Robinhood in making AI the connective tissue for their platforms.

The post Morgan Stanley (MS) Stock Climbs on MSIP’s Nicollin Acquisition Deal appeared on BitcoinEthereumNews.com. Key Highlights Morgan Stanley advances following MSIP’s exclusive negotiations for Nicollin control. Nicollin operates through 360 municipal agreements and serves 8,000 business clients nationwide. Investment priorities include vehicle fleet modernization, emissions reduction, and enhanced public services. Founding family members will maintain ownership participation and continue supporting development. Transaction completion is anticipated in Q4 2026, subject to regulatory clearance. Morgan Stanley (MS) stock increased 0.42% to reach $223.06 following news that its infrastructure division initiated acquisition discussions for a prominent French environmental services provider. Morgan Stanley Infrastructure Partners (MSIP) has entered exclusive negotiations to secure a controlling position in Nicollin Environnement. This transaction would significantly broaden MSIP’s portf

The post What is Robinhood Chain? The broker’s L2 explained appeared on BitcoinEthereumNews.com. Robinhood launched its own blockchain in July 2026, an Ethereum layer 2 where tokenized stocks trade around the clock and plug into DeFi as collateral. This guide explains what Robinhood Chain actually is, how it works under the hood, what Stock Tokens are and who can use them, how the chain differs from Base and the other corporate networks, and what it means for users, builders, and the industry’s biggest open questions. On July 1, 2026, one of the largest retail brokers in the United States switched on its own blockchain. Robinhood Chain launched its public mainnet at a London keynote, carrying 95 tokenized stocks that trade 24 hours a day, a suite of DeFi protocols live from day one, and access wired directly into the Robinhood Wallet used across 120 countries. Within a week the chain had processed roughly 4 million transactions, gathered over $240 million in deposits, and produced a la

The post Coinbase (COIN) Stock Surges 5% on Analyst Upgrade and Regulatory Wins appeared on BitcoinEthereumNews.com. Key Takeaways Coinbase shares climbed approximately 4.5% to $165.60 during Friday’s session US Tiger Securities raised its rating on COIN to Buy from Hold, setting a $200 target Circle secured OCC clearance to launch First National Digital Currency Bank N.A. Reports suggest the Trump administration is considering a Strategic Bitcoin Reserve framework Barclays maintained its Underweight stance and lowered its target to $99; CLO Paul Grewal announced his departure effective July 31 Shares of Coinbase are up roughly 4.5% to $165.60 in Friday’s trading session, driven by a favorable analyst call, positive regulatory developments for partner Circle, and renewed speculation about government Bitcoin policy. Coinbase Global, Inc., COIN On July 7, US Tiger Securities analyst Bo Pei lifted his rating on COIN from Hold to Buy, assigning a $200 price target. Pei’s thesis centers on

Morgan Stanley and Barclays have raised their Robinhood price targets to $124 and $122, respectively, even as HOOD has fallen more than 5% toward key support near $109. Morgan Stanley reiterated its buy rating on Robinhood Markets on July 10…

Investors should brace for potential market corrections as AI-driven semiconductor valuations may not sustain their current momentum. The post Morgan Stanley’s Lisa Shalett warns investors that chipmakers’ AI rally may be nearing its final innings appeared first on Crypto Briefing.