Market Signal Briefing

NEW YORK, Jan. 09, 2026 (GLOBE NEWSWIRE) -- Kirby McInerney LLP reminds Coupang, Inc. (“Coupang” or the “Company”) (NYSE:CPNG) investors of the February 17, 2026 deadline to seek the role of lead plaintiff in a pending federal securities class action.

If you purchased or otherwise acquired Coupang securities, have information, or would like to learn more, please contact Lauren Molinaro of Kirby McInerney LLP by email at [email protected], or fill out the form below, to discuss your rights or interests.

[CONTACT THE FIRM IF YOU SUFFERED A LOSS]

What Is The Lawsuit About?

The lawsuit has been filed on behalf of investors who purchased securities during the period of August 6, 2025 through December 16, 2025, inclusive (“the Class Period”). The lawsuit alleges that Coupang throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (1) Coupang had inadequate cybersecurity protocols that allowed a former employee to access sensitive customer information for nearly six months without being detected; (2) this subjected Coupang to a materially heightened risk of regulatory and legal scrutiny; and (3) when defendants became aware that Coupang had been subjected to this data breach, they did not report it in a current report filing, to be filed with the U.S. Securities and Exchange Commission, in compliance with applicable reporting rules.

On November 29, 2025, Coupang reported that the personal information of 33.7 million customer accounts had been breached. On this news, the price of Coupang shares declined by $1.51 per share, or approximately 5.36%, from $28.16 per share on November 28, 2025 to close at $26.65 on December 1, 2025.

On December 10, 2025, The New York Times published an article entitled “C.E.O. Resigns in Fallout Over Massive South Korean Data Breach.” The article stated that the “head of the South Korean unit of the e-commerce company Coupang resigned on Wednesday, as the fallout from a data breach affecting nearly 34 million users of the online shopping site intensifies.” On this news, the price of Coupang shares declined by $0.87 per share, or approximately 3.23%, from $26.93 per share on December 9, 2025 to close at $26.06 on December 10, 2025.

On December 16, 2025, Coupang filed an 8-K acknowledging the breach and revealed that the Korean regulatory and law enforcement investigations uncovered that “a former employee may have obtained the name, phone number, delivery address, and email address associated with up to 33 million customer accounts, and certain order histories for a subset of the impacted accounts.” On this news, the price of Coupang shares declined by $ per share, or approximately %, from $23.19 per share on December 16, 2025 to close at $22.72 on December 17, 2025.

[CLICK HERE TO LEARN MORE ABOUT THE CLASS ACTION]

What Should I Do?

If you purchased or otherwise acquired Coupang securities, have information, or would like to learn more about this investigation, please contact Lauren Molinaro of Kirby McInerney LLP by email at [email protected], or fill out the contact form below, to discuss your rights or interests with respect to these matters at no cost.

[WHAT IS A SECURITIES CLASS ACTION?]

Kirby McInerney LLP is a New York-based plaintiffs’ law firm concentrating in securities, antitrust, whistleblower, and consumer litigation. The firm’s efforts on behalf of shareholders in securities litigation have resulted in recoveries totaling billions of dollars. Additional information about the firm can be found at Kirby McInerney LLP’s website.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.

Contacts
Kirby McInerney LLP        
Lauren Molinaro, Esq.
212-699-1171
https://www.kmllp.com
https://securitiesleadplaintiff.com/
[email protected]

In the latest trading session, Unity Software Inc. (U - Free Report) closed at $44.66, marking a -1.37% move from the previous day. This change lagged the S&P 500's 0.65% gain on the day. Elsewhere, the Dow saw an upswing of 0.48%, while the tech-heavy Nasdaq appreciated by 0.82%.

Coming into today, shares of the company had lost 8.02% in the past month. In that same time, the Computer and Technology sector lost 1.6%, while the S&P 500 gained 1.15%.

Analysts and investors alike will be keeping a close eye on the performance of Unity Software Inc. in its upcoming earnings disclosure. In that report, analysts expect Unity Software Inc. to post earnings of $0.2 per share. This would mark year-over-year growth of 166.67%. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $490.23 million, up 7.25% from the year-ago period.

For the full year, the Zacks Consensus Estimates project earnings of $0.82 per share and a revenue of $1.84 billion, demonstrating changes of +148.81% and 0%, respectively, from the preceding year.

Investors should also note any recent changes to analyst estimates for Unity Software Inc. These revisions help to show the ever-changing nature of near-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the business outlook.

Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.

The Zacks Rank system, ranging from #1 (Strong Buy) to #5 (Strong Sell), possesses a remarkable history of outdoing, externally audited, with #1 stocks returning an average annual gain of +25% since 1988. Over the past month, there's been no change in the Zacks Consensus EPS estimate. Right now, Unity Software Inc. possesses a Zacks Rank of #2 (Buy).

From a valuation perspective, Unity Software Inc. is currently exchanging hands at a Forward P/E ratio of 48.78. This represents a premium compared to its industry average Forward P/E of 24.73.

Meanwhile, U's PEG ratio is currently 5.42. Comparable to the widely accepted P/E ratio, the PEG ratio also accounts for the company's projected earnings growth. As of the close of trade yesterday, the Internet - Software industry held an average PEG ratio of 1.51.

The Internet - Software industry is part of the Computer and Technology sector. This group has a Zacks Industry Rank of 53, putting it in the top 22% of all 250+ industries.

The Zacks Industry Rank is ordered from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.

Make sure to utilize Zacks.com to follow all of these stock-moving metrics, and more, in the coming trading sessions.

Rigetti Computing, Inc. (RGTI - Free Report) ended the recent trading session at $24.72, demonstrating a -2.1% change from the preceding day's closing price. The stock's change was less than the S&P 500's daily gain of 0.65%. On the other hand, the Dow registered a gain of 0.48%, and the technology-centric Nasdaq increased by 0.82%.

Coming into today, shares of the company had lost 6.06% in the past month. In that same time, the Computer and Technology sector lost 1.6%, while the S&P 500 gained 1.15%.

The investment community will be closely monitoring the performance of Rigetti Computing, Inc. in its forthcoming earnings report. In that report, analysts expect Rigetti Computing, Inc. to post earnings of -$0.05 per share. This would mark year-over-year growth of 37.5%. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $2.67 million, up 17.67% from the year-ago period.

For the entire fiscal year, the Zacks Consensus Estimates are projecting earnings of -$0.68 per share and a revenue of $7.89 million, representing changes of -88.89% and 0%, respectively, from the prior year.

Any recent changes to analyst estimates for Rigetti Computing, Inc. should also be noted by investors. These recent revisions tend to reflect the evolving nature of short-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the business outlook.

Our research suggests that these changes in estimates have a direct relationship with upcoming stock price performance. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.

The Zacks Rank system, which varies between #1 (Strong Buy) and #5 (Strong Sell), carries an impressive track record of exceeding expectations, confirmed by external audits, with stocks at #1 delivering an average annual return of +25% since 1988. Within the past 30 days, our consensus EPS projection has moved 7.14% lower. Rigetti Computing, Inc. is currently a Zacks Rank #3 (Hold).

The Internet - Software industry is part of the Computer and Technology sector. This industry currently has a Zacks Industry Rank of 53, which puts it in the top 22% of all 250+ industries.

The Zacks Industry Rank assesses the vigor of our specific industry groups by computing the average Zacks Rank of the individual stocks incorporated in the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.

Keep in mind to rely on Zacks.com to watch all these stock-impacting metrics, and more, in the succeeding trading sessions.

In the latest trading session, Rivian Automotive (RIVN - Free Report) closed at $19.22, marking a -3.37% move from the previous day. The stock's change was less than the S&P 500's daily gain of 0.65%. Elsewhere, the Dow saw an upswing of 0.48%, while the tech-heavy Nasdaq appreciated by 0.82%.

The a manufacturer of motor vehicles and passenger cars's stock has climbed by 21.06% in the past month, exceeding the Auto-Tires-Trucks sector's gain of 1.58% and the S&P 500's gain of 1.15%.

The investment community will be closely monitoring the performance of Rivian Automotive in its forthcoming earnings report. The company's upcoming EPS is projected at -$0.68, signifying a 30.77% drop compared to the same quarter of the previous year. At the same time, our most recent consensus estimate is projecting a revenue of $1.26 billion, reflecting a 27.16% fall from the equivalent quarter last year.

Looking at the full year, the Zacks Consensus Estimates suggest analysts are expecting earnings of -$2.59 per share and revenue of $5.36 billion. These totals would mark changes of +35.89% and 0%, respectively, from last year.

It's also important for investors to be aware of any recent modifications to analyst estimates for Rivian Automotive. Recent revisions tend to reflect the latest near-term business trends. As a result, upbeat changes in estimates indicate analysts' favorable outlook on the business health and profitability.

Based on our research, we believe these estimate revisions are directly related to near-term stock moves. To take advantage of this, we've established the Zacks Rank, an exclusive model that considers these estimated changes and delivers an operational rating system.

Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. Within the past 30 days, our consensus EPS projection has moved 0.35% lower. Rivian Automotive is holding a Zacks Rank of #4 (Sell) right now.

The Automotive - Domestic industry is part of the Auto-Tires-Trucks sector. Currently, this industry holds a Zacks Industry Rank of 100, positioning it in the top 41% of all 250+ industries.

The Zacks Industry Rank is ordered from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.

Be sure to use Zacks.com to monitor all these stock-influencing metrics, and more, throughout the forthcoming trading sessions.

Strategy (MSTR - Free Report) closed the most recent trading day at $157.33, moving -5.77% from the previous trading session. The stock's performance was behind the S&P 500's daily gain of 0.65%. Elsewhere, the Dow gained 0.48%, while the tech-heavy Nasdaq added 0.82%.

Heading into today, shares of the business software company had lost 8.91% over the past month, lagging the Finance sector's gain of 3% and the S&P 500's gain of 1.15%.

The upcoming earnings release of Strategy will be of great interest to investors. In that report, analysts expect Strategy to post earnings of $46.02 per share. This would mark year-over-year growth of 1538.13%. Our most recent consensus estimate is calling for quarterly revenue of $119.6 million, down 0.91% from the year-ago period.

For the full year, the Zacks Consensus Estimates are projecting earnings of $78.04 per share and revenue of $473.1 million, which would represent changes of +1261.31% and 0%, respectively, from the prior year.

Investors might also notice recent changes to analyst estimates for Strategy. These latest adjustments often mirror the shifting dynamics of short-term business patterns. Consequently, upward revisions in estimates express analysts' positivity towards the business operations and its ability to generate profits.

Our research reveals that these estimate alterations are directly linked with the stock price performance in the near future. To exploit this, we've formed the Zacks Rank, a quantitative model that includes these estimate changes and presents a viable rating system.

The Zacks Rank system, spanning from #1 (Strong Buy) to #5 (Strong Sell), boasts an impressive track record of outperformance, audited externally, with #1 ranked stocks yielding an average annual return of +25% since 1988. The Zacks Consensus EPS estimate remained stagnant within the past month. Strategy is currently sporting a Zacks Rank of #3 (Hold).

In terms of valuation, Strategy is presently being traded at a Forward P/E ratio of 3.24. This indicates a discount in contrast to its industry's Forward P/E of 11.81.

The Financial - Miscellaneous Services industry is part of the Finance sector. This group has a Zacks Industry Rank of 164, putting it in the bottom 34% of all 250+ industries.

The Zacks Industry Rank assesses the strength of our separate industry groups by calculating the average Zacks Rank of the individual stocks contained within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.

Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com.

AngloGold Ashanti (AU - Free Report) closed at $92.25 in the latest trading session, marking a +1.31% move from the prior day. The stock outperformed the S&P 500, which registered a daily gain of 0.65%. Elsewhere, the Dow gained 0.48%, while the tech-heavy Nasdaq added 0.82%.

Shares of the gold miner have appreciated by 6.5% over the course of the past month, underperforming the Basic Materials sector's gain of 7.44%, and outperforming the S&P 500's gain of 1.15%.

Investors will be eagerly watching for the performance of AngloGold Ashanti in its upcoming earnings disclosure. The company's earnings per share (EPS) are projected to be $1.9, reflecting a 113.48% increase from the same quarter last year. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $3.03 billion, up 73.03% from the year-ago period.

Regarding the entire year, the Zacks Consensus Estimates forecast earnings of $5.51 per share and revenue of $9.85 billion, indicating changes of +149.32% and 0%, respectively, compared to the previous year.

Investors should also note any recent changes to analyst estimates for AngloGold Ashanti. These latest adjustments often mirror the shifting dynamics of short-term business patterns. Consequently, upward revisions in estimates express analysts' positivity towards the business operations and its ability to generate profits.

Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. To utilize this, we have created the Zacks Rank, a proprietary model that integrates these estimate changes and provides a functional rating system.

The Zacks Rank system, stretching from #1 (Strong Buy) to #5 (Strong Sell), has a noteworthy track record of outperforming, validated by third-party audits, with stocks rated #1 producing an average annual return of +25% since the year 1988. Within the past 30 days, our consensus EPS projection has moved 21.41% higher. AngloGold Ashanti is holding a Zacks Rank of #3 (Hold) right now.

In terms of valuation, AngloGold Ashanti is presently being traded at a Forward P/E ratio of 11.66. This expresses a discount compared to the average Forward P/E of 12.66 of its industry.

The Mining - Gold industry is part of the Basic Materials sector. This industry, currently bearing a Zacks Industry Rank of 79, finds itself in the top 33% echelons of all 250+ industries.

The Zacks Industry Rank evaluates the power of our distinct industry groups by determining the average Zacks Rank of the individual stocks forming the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.

Make sure to utilize Zacks.com to follow all of these stock-moving metrics, and more, in the coming trading sessions.

In the latest trading session, United Airlines (UAL - Free Report) closed at $117.32, marking a +1.6% move from the previous day. The stock's change was more than the S&P 500's daily gain of 0.65%. Meanwhile, the Dow experienced a rise of 0.48%, and the technology-dominated Nasdaq saw an increase of 0.82%.

Coming into today, shares of the airline had gained 6.53% in the past month. In that same time, the Transportation sector gained 3.79%, while the S&P 500 gained 1.15%.

Analysts and investors alike will be keeping a close eye on the performance of United Airlines in its upcoming earnings disclosure. The company's earnings report is set to go public on January 20, 2026. The company's earnings per share (EPS) are projected to be $2.94, reflecting a 9.82% decrease from the same quarter last year. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $15.44 billion, up 5.04% from the year-ago period.

For the entire fiscal year, the Zacks Consensus Estimates are projecting earnings of $10.48 per share and a revenue of $59.11 billion, representing changes of -1.23% and 0%, respectively, from the prior year.

Investors should also pay attention to any latest changes in analyst estimates for United Airlines. Recent revisions tend to reflect the latest near-term business trends. As a result, upbeat changes in estimates indicate analysts' favorable outlook on the business health and profitability.

Based on our research, we believe these estimate revisions are directly related to near-term stock moves. To capitalize on this, we've crafted the Zacks Rank, a unique model that incorporates these estimate changes and offers a practical rating system.

The Zacks Rank system, spanning from #1 (Strong Buy) to #5 (Strong Sell), boasts an impressive track record of outperformance, audited externally, with #1 ranked stocks yielding an average annual return of +25% since 1988. The Zacks Consensus EPS estimate has moved 1.85% higher within the past month. United Airlines currently has a Zacks Rank of #3 (Hold).

Valuation is also important, so investors should note that United Airlines has a Forward P/E ratio of 8.78 right now. This signifies a discount in comparison to the average Forward P/E of 9.92 for its industry.

It is also worth noting that UAL currently has a PEG ratio of 0.81. The PEG ratio is akin to the commonly utilized P/E ratio, but this measure also incorporates the company's anticipated earnings growth rate. By the end of yesterday's trading, the Transportation - Airline industry had an average PEG ratio of 0.64.

The Transportation - Airline industry is part of the Transportation sector. At present, this industry carries a Zacks Industry Rank of 186, placing it within the bottom 25% of over 250 industries.

The strength of our individual industry groups is measured by the Zacks Industry Rank, which is calculated based on the average Zacks Rank of the individual stocks within these groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.

Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com.

Sunoco LP (SUN - Free Report) closed at $56.11 in the latest trading session, marking a +1.12% move from the prior day. The stock's change was more than the S&P 500's daily gain of 0.65%. Elsewhere, the Dow saw an upswing of 0.48%, while the tech-heavy Nasdaq appreciated by 0.82%.

The master limited partnership's shares have seen an increase of 3.05% over the last month, surpassing the Oils-Energy sector's gain of 0.68% and the S&P 500's gain of 1.15%.

Analysts and investors alike will be keeping a close eye on the performance of Sunoco LP in its upcoming earnings disclosure. In that report, analysts expect Sunoco LP to post earnings of $1.7 per share. This would mark year-over-year growth of 126.67%. In the meantime, our current consensus estimate forecasts the revenue to be $9.65 billion, indicating a 83.05% growth compared to the corresponding quarter of the prior year.

In terms of the entire fiscal year, the Zacks Consensus Estimates predict earnings of $0 per share and a revenue of $25.98 billion, indicating changes of 0% and 0%, respectively, from the former year.

It is also important to note the recent changes to analyst estimates for Sunoco LP. Recent revisions tend to reflect the latest near-term business trends. Hence, positive alterations in estimates signify analyst optimism regarding the business and profitability.

Our research reveals that these estimate alterations are directly linked with the stock price performance in the near future. To utilize this, we have created the Zacks Rank, a proprietary model that integrates these estimate changes and provides a functional rating system.

Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. Over the past month, the Zacks Consensus EPS estimate has shifted 0.82% upward. Right now, Sunoco LP possesses a Zacks Rank of #3 (Hold).

Looking at valuation, Sunoco LP is presently trading at a Forward P/E ratio of 7.48. Its industry sports an average Forward P/E of 16.1, so one might conclude that Sunoco LP is trading at a discount comparatively.

The Oil and Gas - Refining and Marketing - Master Limited Partnerships industry is part of the Oils-Energy sector. This group has a Zacks Industry Rank of 35, putting it in the top 15% of all 250+ industries.

The Zacks Industry Rank evaluates the power of our distinct industry groups by determining the average Zacks Rank of the individual stocks forming the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.

Ensure to harness Zacks.com to stay updated with all these stock-shifting metrics, among others, in the next trading sessions.

Sunrun (RUN - Free Report) ended the recent trading session at $18.09, demonstrating a -1.15% change from the preceding day's closing price. This change lagged the S&P 500's 0.65% gain on the day. Meanwhile, the Dow experienced a rise of 0.48%, and the technology-dominated Nasdaq saw an increase of 0.82%.

The solar energy products distributor's stock has dropped by 2.19% in the past month, falling short of the Oils-Energy sector's gain of 0.68% and the S&P 500's gain of 1.15%.

The upcoming earnings release of Sunrun will be of great interest to investors. It is anticipated that the company will report an EPS of -$0.09, marking a 106.38% fall compared to the same quarter of the previous year. Simultaneously, our latest consensus estimate expects the revenue to be $656.49 million, showing a 26.62% escalation compared to the year-ago quarter.

For the full year, the Zacks Consensus Estimates are projecting earnings of $1.23 per share and revenue of $2.45 billion, which would represent changes of -7.52% and 0%, respectively, from the prior year.

Investors should also note any recent changes to analyst estimates for Sunrun. These latest adjustments often mirror the shifting dynamics of short-term business patterns. With this in mind, we can consider positive estimate revisions a sign of optimism about the business outlook.

Our research shows that these estimate changes are directly correlated with near-term stock prices. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.

The Zacks Rank system, spanning from #1 (Strong Buy) to #5 (Strong Sell), boasts an impressive track record of outperformance, audited externally, with #1 ranked stocks yielding an average annual return of +25% since 1988. The Zacks Consensus EPS estimate has moved 26.77% higher within the past month. Sunrun is currently sporting a Zacks Rank of #2 (Buy).

The Solar industry is part of the Oils-Energy sector. With its current Zacks Industry Rank of 24, this industry ranks in the top 10% of all industries, numbering over 250.

The strength of our individual industry groups is measured by the Zacks Industry Rank, which is calculated based on the average Zacks Rank of the individual stocks within these groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.

Keep in mind to rely on Zacks.com to watch all these stock-impacting metrics, and more, in the succeeding trading sessions.

In the latest trading session, Quanta Services (PWR - Free Report) closed at $422.57, marking a +2.28% move from the previous day. The stock exceeded the S&P 500, which registered a gain of 0.65% for the day. On the other hand, the Dow registered a gain of 0.48%, and the technology-centric Nasdaq increased by 0.82%.

Coming into today, shares of the specialty contractor for utility and energy companies had lost 11.51% in the past month. In that same time, the Construction sector gained 0.07%, while the S&P 500 gained 1.15%.

The investment community will be paying close attention to the earnings performance of Quanta Services in its upcoming release. The company's upcoming EPS is projected at $3, signifying a 2.04% increase compared to the same quarter of the previous year. Our most recent consensus estimate is calling for quarterly revenue of $7.31 billion, up 11.57% from the year-ago period.

For the full year, the Zacks Consensus Estimates are projecting earnings of $10.59 per share and revenue of $27.95 billion, which would represent changes of +18.06% and 0%, respectively, from the prior year.

It is also important to note the recent changes to analyst estimates for Quanta Services. These revisions typically reflect the latest short-term business trends, which can change frequently. As a result, we can interpret positive estimate revisions as a good sign for the business outlook.

Our research suggests that these changes in estimates have a direct relationship with upcoming stock price performance. To exploit this, we've formed the Zacks Rank, a quantitative model that includes these estimate changes and presents a viable rating system.

The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has witnessed an unchanged state. Quanta Services presently features a Zacks Rank of #3 (Hold).

Valuation is also important, so investors should note that Quanta Services has a Forward P/E ratio of 33.37 right now. This indicates a premium in contrast to its industry's Forward P/E of 23.99.

We can also see that PWR currently has a PEG ratio of 1.84. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. By the end of yesterday's trading, the Engineering - R and D Services industry had an average PEG ratio of 1.7.

The Engineering - R and D Services industry is part of the Construction sector. Currently, this industry holds a Zacks Industry Rank of 103, positioning it in the top 43% of all 250+ industries.

The Zacks Industry Rank assesses the vigor of our specific industry groups by computing the average Zacks Rank of the individual stocks incorporated in the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.

Remember to apply Zacks.com to follow these and more stock-moving metrics during the upcoming trading sessions.

In the latest trading session, Okta (OKTA - Free Report) closed at $92.23, marking a -1.81% move from the previous day. The stock fell short of the S&P 500, which registered a gain of 0.65% for the day. Elsewhere, the Dow gained 0.48%, while the tech-heavy Nasdaq added 0.82%.

The stock of cloud identity management company has risen by 3.69% in the past month, leading the Computer and Technology sector's loss of 1.6% and the S&P 500's gain of 1.15%.

The investment community will be paying close attention to the earnings performance of Okta in its upcoming release. The company is expected to report EPS of $0.85, up 8.97% from the prior-year quarter. Meanwhile, the latest consensus estimate predicts the revenue to be $749.15 million, indicating a 9.85% increase compared to the same quarter of the previous year.

Looking at the full year, the Zacks Consensus Estimates suggest analysts are expecting earnings of $3.44 per share and revenue of $2.91 billion. These totals would mark changes of +22.42% and +11.31%, respectively, from last year.

It's also important for investors to be aware of any recent modifications to analyst estimates for Okta. These recent revisions tend to reflect the evolving nature of short-term business trends. As a result, upbeat changes in estimates indicate analysts' favorable outlook on the business health and profitability.

Our research shows that these estimate changes are directly correlated with near-term stock prices. To utilize this, we have created the Zacks Rank, a proprietary model that integrates these estimate changes and provides a functional rating system.

The Zacks Rank system, stretching from #1 (Strong Buy) to #5 (Strong Sell), has a noteworthy track record of outperforming, validated by third-party audits, with stocks rated #1 producing an average annual return of +25% since the year 1988. Over the past month, there's been a 0.89% rise in the Zacks Consensus EPS estimate. Okta is holding a Zacks Rank of #3 (Hold) right now.

Looking at valuation, Okta is presently trading at a Forward P/E ratio of 27.28. This valuation marks a discount compared to its industry average Forward P/E of 53.86.

We can also see that OKTA currently has a PEG ratio of 1.59. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. OKTA's industry had an average PEG ratio of 2.82 as of yesterday's close.

The Security industry is part of the Computer and Technology sector. With its current Zacks Industry Rank of 57, this industry ranks in the top 24% of all industries, numbering over 250.

The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.

Don't forget to use Zacks.com to keep track of all these stock-moving metrics, and others, in the upcoming trading sessions.

In the latest close session, Hershey (HSY - Free Report) was up +2.34% at $189.07. The stock's performance was ahead of the S&P 500's daily gain of 0.65%. Meanwhile, the Dow experienced a rise of 0.48%, and the technology-dominated Nasdaq saw an increase of 0.82%.

Coming into today, shares of the chocolate bar and candy maker had gained 1.75% in the past month. In that same time, the Consumer Staples sector gained 0.07%, while the S&P 500 gained 1.15%.

Investors will be eagerly watching for the performance of Hershey in its upcoming earnings disclosure. The company's earnings report is set to be unveiled on February 5, 2026. In that report, analysts expect Hershey to post earnings of $1.4 per share. This would mark a year-over-year decline of 47.96%. Meanwhile, the latest consensus estimate predicts the revenue to be $2.98 billion, indicating a 3.34% increase compared to the same quarter of the previous year.

Regarding the entire year, the Zacks Consensus Estimates forecast earnings of $6 per share and revenue of $11.59 billion, indicating changes of -35.97% and 0%, respectively, compared to the previous year.

It is also important to note the recent changes to analyst estimates for Hershey. Such recent modifications usually signify the changing landscape of near-term business trends. Hence, positive alterations in estimates signify analyst optimism regarding the business and profitability.

Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.

Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. Within the past 30 days, our consensus EPS projection has moved 1.96% higher. Currently, Hershey is carrying a Zacks Rank of #3 (Hold).

In terms of valuation, Hershey is currently trading at a Forward P/E ratio of 26.63. This represents a premium compared to its industry average Forward P/E of 18.75.

The Food - Confectionery industry is part of the Consumer Staples sector. With its current Zacks Industry Rank of 110, this industry ranks in the top 45% of all industries, numbering over 250.

The Zacks Industry Rank assesses the strength of our separate industry groups by calculating the average Zacks Rank of the individual stocks contained within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.

Don't forget to use Zacks.com to keep track of all these stock-moving metrics, and others, in the upcoming trading sessions.

Great Lakes Dredge & Dock (GLDD - Free Report) closed the most recent trading day at $13.31, moving +1.6% from the previous trading session. The stock exceeded the S&P 500, which registered a gain of 0.65% for the day. Elsewhere, the Dow gained 0.48%, while the tech-heavy Nasdaq added 0.82%.

Heading into today, shares of the provider of dredging and dock-contracting services had lost 5.62% over the past month, lagging the Construction sector's gain of 0.07% and the S&P 500's gain of 1.15%.

The investment community will be closely monitoring the performance of Great Lakes Dredge & Dock in its forthcoming earnings report. The company is predicted to post an EPS of $0.23, indicating a 20.69% decline compared to the equivalent quarter last year. At the same time, our most recent consensus estimate is projecting a revenue of $219.45 million, reflecting a 8.23% rise from the equivalent quarter last year.

For the full year, the Zacks Consensus Estimates project earnings of $1.09 per share and a revenue of $851.26 million, demonstrating changes of +29.76% and 0%, respectively, from the preceding year.

Investors should also take note of any recent adjustments to analyst estimates for Great Lakes Dredge & Dock. These revisions help to show the ever-changing nature of near-term business trends. As a result, we can interpret positive estimate revisions as a good sign for the business outlook.

Research indicates that these estimate revisions are directly correlated with near-term share price momentum. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.

The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. Over the past month, there's been no change in the Zacks Consensus EPS estimate. Right now, Great Lakes Dredge & Dock possesses a Zacks Rank of #3 (Hold).

With respect to valuation, Great Lakes Dredge & Dock is currently being traded at a Forward P/E ratio of 12.02. This valuation marks a discount compared to its industry average Forward P/E of 21.53.

We can additionally observe that GLDD currently boasts a PEG ratio of 1. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. The Building Products - Heavy Construction industry had an average PEG ratio of 1.66 as trading concluded yesterday.

The Building Products - Heavy Construction industry is part of the Construction sector. With its current Zacks Industry Rank of 195, this industry ranks in the bottom 21% of all industries, numbering over 250.

The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.

To follow GLDD in the coming trading sessions, be sure to utilize Zacks.com.

Bitcoin’s recent move towards the $94,000 mark indicates an influx of liquidity into the cryptocurrency market. This development comes as digital assets experience renewed interest from investors, suggesting a potential revival in trading activity. Analysts have noted that increased liquidity could lead to more stable price movements, reducing the volatility that has characterized the crypto market in recent years.

Market observers attribute the rise in Bitcoin’s price to several factors, including increased institutional interest and broader acceptance of digital currencies. Some financial institutions have started exploring cryptocurrency offerings to meet growing client demand, providing new avenues for asset exposure. This trend underscores the importance of crypto as a component of diversified investment portfolios.

Exchange-traded funds (ETFs) related to Bitcoin and other cryptocurrencies are gaining attention as potential investment vehicles. These financial products allow investors to gain indirect exposure to digital assets, offering a potentially lower risk option compared to direct purchases. ETFs are designed to track the price of underlying assets, with issuers required to file detailed applications with regulatory authorities. Approval processes typically focus on ensuring proper custody measures, market integrity, and investor protection.

The regulatory landscape remains a key consideration for cryptocurrency markets. Authorities often emphasize the need for robust surveillance mechanisms and comprehensive disclosures to maintain market integrity. As regulators scrutinize proposed ETFs and other crypto-related initiatives, industry participants await decisions that could influence market dynamics.

Bitcoin is the largest cryptocurrency by market value, providing a benchmark for the sector. As a decentralized digital currency, it offers a store of value and a medium of exchange, attracting both retail and institutional investors. Meanwhile, networks like Solana support smart contracts and decentralized applications, contributing to the ecosystem’s diversity.

The crypto market faces inherent risks, including price volatility, liquidity concerns, and regulatory uncertainty. Operational challenges such as technology failures or security breaches also pose potential threats. Despite these risks, the sector continues to evolve, driven by technological advancements and shifting investor sentiment.

Competition among crypto issuers is intense, with multiple entities seeking to launch similar products. This competitive environment can lead to frequent amendments and adjustments to proposed offerings. Timelines for product launches remain uncertain, with issuers navigating complex regulatory processes.

Looking ahead, stakeholders are closely monitoring review periods and potential amendments to regulatory filings. Market participants remain vigilant for any approvals or denials that could impact future developments. As the landscape continues to evolve, the focus remains on balancing innovation with regulatory compliance.

The next steps for the crypto market involve navigating ongoing regulatory reviews and responding to potential changes in the approval processes. Industry stakeholders are preparing for varied outcomes, with an emphasis on adapting to new regulatory requirements and maintaining market confidence.

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Bitcoin traders’ risk sentiment turned bullish, with the proof being in this week’s futures-led advance to $95,000. Will bulls make another attempt after retesting a key underlying support level?

The start of 2026 saw Bitcoin and select altcoins rally back toward their weekly range highs, and the current situation across markets highlights improving investor sentiment and trading volumes. Since Jan. 1, Bitcoin continued to show improvement with tightening range consolidation clearly seen in its daily higher lows and higher highs, leading to the weekly high at $94,800.

BTC/USDT 7-day liquidation heatmap lookback. Source: Hyblock7-day liquidation heatmap data from Hyblock shows long liquidation clusters between $89,000 to $87,000 and short positions sitting at the weekly range high near $95,000. 

From a technical trader’s point of view, the start of year rally pulled the price above the 20-day moving average, which is currently converging with the 50-day moving average. After BTC failed to hold $95,000 and liquidate the short positions in that zone, it appears that some traders cut their positions to take profit in anticipation of a lower support retest of the 20-MA at $89,400.

BTC/USDT (Binance) 1-day chart. Source: TradingView.comIf the current trend were to extend and volume permitting, over the coming days, another attack on the $95,000 level could occur. Such a move could lead to short covering and liquidations, allowing bulls to exploit a clear gap in the volume profile of the BTC/USDT (Binance) pair, setting Bitcoin up for a 13% rally to $101,500. 

As shown in the chart below, the bulk of this week’s intra-day Bitcoin price action was driven by traders using perpetual futures to trigger liquidations. Note how a near $1.1 billion surge in futures buy volume took place as BTC rallied to $94,800 on Jan. 5, and $100 million in shorts were liquidated in the BTC/USDT pair at Binance, according to data from TRDR.io. 

Example of perps traders driving Bitcoin price action. Source: TRDR.ioAs detailed earlier, current liquidation heatmap data and orderbook structure suggest that a similar event could occur again if traders press BTC price to $94,000. 

This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision. While we strive to provide accurate and timely information, Cointelegraph does not guarantee the accuracy, completeness, or reliability of any information in this article. This article may contain forward-looking statements that are subject to risks and uncertainties. Cointelegraph will not be liable for any loss or damage arising from your reliance on this information.

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

A day after the Electric Coin Company’s breakup, the team behind Zashi said it is spinning out into a new Zcash-focused company and launching a new wallet built from the existing Zashi codebase. The move is framed as an effort to “scale Zcash to billions,” while keeping the group’s work narrowly centered on the Zcash stack.

In a message signed by Josh Swihart, the developers said the new wallet is code-named “cashZ” and will reuse the codebase originally built for Zashi. The team also opened a waitlist for early access, telling existing Zashi users that “all you need to do is join the waitlist” and that a migration will be designed to feel as seamless as the current Zashi experience once cashZ is live “in a few weeks.”

The announcement attempted to answer what it expects will be the community’s first question after an organizational breakup: whether the engineers are still committed to Zcash. “The entire team that worked at Electric Coin Company and built Zashi is still 100% focused on full-stack Zcash development,” the post said. “We aren’t launching any new coins, we’re just scaling Zcash. To do that, it required that we leave and start a new Zcash-focused company.”

Why Zcash’s Core Builders Are Starting A New Company The team said the decision to form a new company came down to three ideas: Zcash’s cypherpunk roots, governance and incentive alignment, and a need to scale.

In the longest section, the developers cast the past decade of crypto regulation as a kind of prolonged stress test for privacy, describing it as “a decade of compliance theater.” The post argued that privacy-preserving tools are not merely a technical preference but a civil-liberties issue that requires a more assertive posture from the organizations building them.

“This effort was not simply about complying with unjust laws. Of course, we must abide by the law, or else be thrown in a cage,” the message said. “But when the law is unjust, we have a moral imperative to work to change the unjust law. One tool for that is code.”

From that premise, the team connected Zcash’s mission to mainstreaming privacy online, positioning the protocol as “a peaceful global reform movement” and saying that a structure bogged down by internal friction would be poorly suited to that fight. “To do this, we need an organization that has courage,” it added, arguing for “cypherpunk leadership” and a governance model that “can’t cut through red tape.”

A second argument centered on what the post described as chronic misalignment when nonprofits and venture-style startups are intertwined. The team cited recent commentary from Andreessen Horowitz to bolster the idea that crypto’s “foundation era” is ending, while distinguishing the Zcash Foundation as an example of a standalone nonprofit that can do effective work.

The critique was not subtle: “Nonprofits are about rule-lawyering, while tech startups are about rewriting the rules,” the statement said, adding that nonprofit boards often lack the accountability mechanisms of corporate boards. The team also pointed to heightened scrutiny of US nonprofits and the risk of tax exemptions being challenged, arguing there is “no benefit in keeping a fast-growing technology company under a nonprofit when the substance of the organization is a for-profit.”

The final section placed the wallet launch inside a bigger ambition: to make Zcash large enough that privacy becomes difficult to marginalize. It framed the strategic choice as binary: “to be so small they can’t see you, or so big they can’t stop you.”

The post claimed that Zcash has undergone “a complete rebirth” over the past two years, crediting an ecosystem-wide effort and naming contributors including Sean Bowe, genzcash, and Shielded Labs, alongside “many more who prefer to remain unnamed.” That resurgence, it argued, changes the operating environment: “We are no longer so small they can’t see us. Everyone can see us. We now need to get so big they can’t stop us.”

For now, the tangible deliverable is cashZ, with the team promising more details later and signaling that execution will be the message. “Actions will speak louder than words,” Swihart wrote, urging users to join the waitlist as the developers “boot up” the new wallet and push toward what they describe as “onboarding billions to Zcash.”

At press time, the ZEC price recovered some losses from yesterday’s crash and traded at $436.

Zcash makes a higher low, 1-week chart | Source: BTCUSDT on TradingView.com Featured image created with DALL.E, chart from TradingView.com

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.

Perplexity AI Predicts the Price of XRP, PEPE and Pi Coin By the End of 2026 Pepe Pi Network XRP

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9 minutes ago

Perplexity AI has blistering crypto price outlooks for XRP, Pepe, and Pi Network en route to 2027.

Based on the model’s latest projections, the next bull cycle could see all three altcoins push into uncharted territory, with the possibility of setting new all-time highs and possibly even generating 10x returns for current holders.

Below is Perplexity’s assessment of how these notable altcoins could perform during a 2026 crypto bull market.

XRP (XRP): Perplexity AI Sees $8 Potential for Ripple’s Star Payments SolutionRipple’s XRP ($XRP) opened the year with renewed strength, rallying 19% over the first seven days of January. According to Perplexity AI, sustained upside momentum could eventually carry XRP to $8 by 2027.

Source: Perplexity AIXRP was a standout performer for most of last year, particularly in July when it surged to a seven-year high of $3.65. That rally followed Ripple’s pivotal courtroom win against the U.S. Securities and Exchange Commission, which removed a major regulatory cloud hanging over the asset.

The token’s Relative Strength Index (RSI) has recently eased from overbought on Monday down to 56 as traders collect profits from the New Year buzz. While this indicates a pause in upward momentum, XRP is in a solid support zone, helping preserve recent gains.

Currently trading near $2.13, a move to Perplexity’s upper price target would translate into returns exceeding 275% for existing holders.

Institutional demand remains a central bullish driver. The introduction of spot XRP exchange-traded funds (ETFs) in the U.S. has attracted large investors, mirroring the early institutional inflows seen with Bitcoin and Ethereum ETFs. A

Pepe (PEPE): Perplexity AI Models a 420% Upside ScenarioPepe ($PEPE), launched in April 2023, is the largest meme coin without a doge avatar, commanding a market capitalization of around $2.6 billion.

Source: Perplexity AIInspired by Matt Furie’s “Boy’s Club” comic series, Pepe’s strong identity and persistent cultural relevance have kept it firmly embedded in crypto social media discourse.

Even amid fierce competition in the meme-coin sector, PEPE continues to benefit from deep liquidity and a committed community. Occasional cryptic posts from Elon Musk on X have also fueled speculation that PEPE may sit alongside his well-known DOGE and BTC holdings.

At present, PEPE trades around $0.000006345, approximately 78% below its December 2024 all-time high of $0.00002803.

Perplexity’s most aggressive projection suggests PEPE could rally 1,791% to $0.00012, potentially surpassing its previous ATH.

Pi Network (PI): Perplexity AI Predicts Either a 1,300% Surge or Further DeclinePi Network ($PI), widely known for its mobile-first mining approach that rewards daily user participation, has shown notable resilience despite recent weakness across the broader crypto market.

Source: Perplexity AIAccording to Perplexity’s analysis, strong bullish momentum could drive Pi Network from its current price of $0.2092 to as high as $3, representing upside potential of more than 1,334% from current prices.

The token recently outperformed larger-cap cryptocurrencies following Pi Network’s announcement of a partnership with AI company OpenMind. The collaboration demonstrates how Pi node operators can supply decentralized computing power to external organizations, underscoring a tangible real-world use case.

Additional tailwinds include recent testnet upgrades, such as decentralized exchange functionality, automated market makers, improved liquidity mechanisms, and an overhauled KYC framework, all of which significantly expand the platform’s capabilities.

Maxi Doge (MAXI): High-Risk Meme Coin Play Outside Perplexity’s ScopeWhile Perplexity’s projections focus on established cryptocurrencies, many investors continue to seek higher-risk, higher-reward opportunities in early-stage presales. Maxi Doge ($MAXI) is one of the most compelling new entrants, raising over $4.4 million as traders stack tokens ahead of exchange listings.

The project centres around the Maxi Doge persona, Dogecoin’s jacked, unhinged, and wildly entertaining cousin who’s spent years stewing on the sidelines while his famous relative soaked up the spotlight.

Now Maxi Doge is storming back into the arena, armed with elite degen instincts, absurd conviction, and a trading style defined by 1,000x leverage, zero fear, and absolutely no stop losses.

MAXI is issued as an ERC-20 token on Ethereum’s proof-of-stake network, giving it access to robust developer tooling and a lower environmental footprint compared with Dogecoin’s proof-of-work design.

The current presale phase offers staking yields of up to 70% APY, though rewards are programmed to decrease as participation grows. MAXI is priced at $0.0002775 in the latest round, with automatic price increases scheduled for subsequent stages. Tokens can be purchased using MetaMask or Best Wallet.

Maxi is sending Dogecoin back to the kennel with his tail between his legs!

Stay updated through Maxi Doge’s official X and Telegram pages.

Visit the Official Website Here

Ripple’s UK License Quietly Changed XRP’s PositioningRipple’s UK licence quietly allows XRP to be used inside regulated payment flows, not just traded on exchangesFCA approval removes major banking and compliance barriers that previously limited XRP settlement adoptionReal XRP demand will come from payment volume, not headlines, as UK institutions go live on Ripple’s railsWhen Ripple announced its new UK approvals from the Financial Conduct Authority (FAC) today, most of the community focused on the headline – another regulatory win. XRP’s price barely moved, and the news cycle moved on.

But inside the wording of Ripple’s press release sits a much more important story for XRP holders.

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A Big Win For XRP that Went UnnoticedOn paper, Ripple just got permission to exist in the UK. But it’s more critical than that. Ripple actually secured the legal ability to operate a full digital-asset payment stack inside one of the world’s strictest financial systems. 

Now, that changes how XRP can be used by institutions in ways that markets do not price in overnight.

The future of regulated digital assets payments in the UK has arrived! 🇬🇧

Ripple has officially secured approval of both an EMI license and Cryptoasset Registration from the UK's FCA.

Who better to explain what it means than our UK and Europe Managing Director @CraddockCJ.… pic.twitter.com/q2xyeJQXEF

— Ripple (@Ripple) January 9, 2026 The key line was that UK institutions can now send cross-border payments “using digital assets” through Ripple’s licensed platform. Ripple then explicitly reminded readers that its infrastructure runs on XRPL, where XRP is the native asset for settlement.

This matters because regulated financial firms do not care about crypto narratives. They care about compliance, counterparty risk, and operational simplicity. 

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So, the EMI licence and crypto registration give Ripple the ability to handle the regulated fiat side of transactions in the UK. That removes one of the biggest barriers to crypto settlement adoption – the banking rails.

When those rails work smoothly, XRP can quietly do what it was designed to do.

XRP Price Chart Over the Last 3 Months. Source: CoinGeckoSponsored

Why This Matters for XRP, Not Just RippleMost banks and payment firms do not directly interact with blockchains. They want a regulated intermediary that abstracts that complexity away. Ripple Payments now does exactly that in the UK.

Once funds enter Ripple’s licensed system, Ripple can choose the most efficient settlement method available. 

Sometimes that will be stablecoins or direct fiat rails. But in corridors where speed, cost, and liquidity matter, XRP becomes a natural bridge asset.

The licence gives Ripple legal control over more of the payment flow. That means fewer partners, fewer compliance roadblocks, and fewer technical excuses not to route value through XRPL.

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This is why the announcement included Ripple Prime, custody, clearing, FX, and even fixed-income services. 

Ripple is building an institutional pipeline where digital assets move inside regulated finance, not outside it. XRP sits inside that pipeline.

Overall, this approval enables XRP to be used in UK-originating corridors, but traders will only react when Ripple starts onboarding banks, moving flows, and settling value on XRPL.

When that happens, XRP demand shows up as liquidity needs.

That is the kind of utility that takes time to build and is rarely obvious when the paperwork gets signed.

Disclaimer

In adherence to the Trust Project guidelines, BeInCrypto is committed to unbiased, transparent reporting. This news article aims to provide accurate, timely information. However, readers are advised to verify facts independently and consult with a professional before making any decisions based on this content. Please note that our Terms and Conditions, Privacy Policy, and Disclaimers have been updated.

Journalist

Posted: January 10, 2026

VanEck is in the news today after it made a bold Bitcoin price projection. According to VanEck, the crypto could rally by 32x from its press time price of $90k to $2.9 million per coin by 2050.

The asset manager’s Head of Digital Assets Research, Matthew Sigel, cited the likely adoption of BTC as a settlement currency and reserve asset for the ambitious target. He said, 

“Our Base case model has Bitcoin reaching $2.9 million by 2050, driven by its adoption as a settlement currency for 5-10% of global trade and a reserve asset comprising 2.5% of central bank balance sheets.”

Source: VanEck

Power law flags similar bold BTC targets VanEck’s bear case Bitcoin price projection was $130k while the bullish outlook was at $53.4 million.

Although massive, the targets were slightly closer to Michael Saylor’s $3-$49 million projection if BTC reached 7%-22% of global wealth. 

For her part, Ark Invest’s Cathie Wood downgraded her 2030 BTC price target from $1.5 million to $1.2 million, citing stablecoin dominance. 

However, most interestingly, the Power Law model had a slight deviation from some of these targets. For the 2040 outlook, the model marked out $1.6 million as the bear case and $4.7 million as the base case.

On the contrary, for 2030, the model’s bullish target was $1.5 million and $500k for the base case scenario. This seemed to be in line with Wood’s outlook. 

Source: Bitbo

Here, it’s worth noting that VanEck missed the 2025 price target. It had projected $180k, but BTC peaked at $126k and closed 2025 below $100k. 

Bitcoin’s 2026 outlook Meanwhile, Bernstein analysts believe that BTC could rally 66% from its press time price of $90k to $150k in 2026, citing a potential tokenisation boom. Similarly, Coinbase analysts believe that a Q1 rebound is likely too.

Alas, prediction site Kalshi priced only a 14% chance of hitting such a target before June. Put differently, the market remains pessimistic about Bernstein’s aggressive target. 

Source: Kalshi

Away from the mid-term and long-term price outlook, the near-term price action has been slightly fragile lately. According to Bitcoin trader and analyst, Skew, there is relatively little demand at $90k, especially from U.S Spot ETFs.

Its latest bounce has been driven by spot market dip buying, as shown by the rising CVD (Cumulative Volume Delta) indicator.

However,

“I think for a strong rally to occur, we need unquestionable demand off $90k.”

Source: Skew/X

Final Thoughts VanEck projected a bold $2.9-$53.4 million price per BTC target by 2050, if the crypto is widely adopted as both a settlement currency and a reserve asset. In the short term, however, $90k should be defended for sustained recovery in the next few days.

US Jobs Data Removes Critical Downside Risk for Bitcoin and Crypto MarketsUS jobs data showed slowing hiring but no recession, helping Bitcoin hold above $90,000.Falling unemployment and firm wages keep the Fed cautious, limiting near-term upside for BTC.The report removes a downside risk, but Bitcoin still needs ETF inflows and easier policy to reach $100,000.Bitcoin held above the $90,000 level on Friday after the latest US labor market data showed slower hiring but no sign of a sharp economic downturn. 

The report removed one key downside risk for crypto markets. However, it did not yet create the conditions for a fast move back toward $100,000.

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Labor Data Eases US Recession RiskThe US economy added 50,000 jobs in December. That was one of the weakest monthly gains in years. At the same time, the unemployment rate fell to 4.4% and wage growth stayed firm at 3.8% year over year.

US Unemployment Rate Falls. Source: ReutersMarkets read the data as a cooling labor market, not a collapsing one. That kept risk assets stable, including Bitcoin, which has traded between $89,000 and $92,000 through the session.

The weak payroll number reduced fears of an overheated economy that could force tighter monetary policy. It also reduced the risk of a sudden growth shock that could trigger broad market selling.

That matters for Bitcoin. Over the past year, sharp drawdowns in crypto have followed signs of either runaway inflation or a rapid economic slowdown. Friday’s data showed neither.

Unemployment fell only slightly, while job growth slowed. That combination suggests the economy is losing momentum but remains stable. This supports a “soft landing” outlook rather than a recession.

As a result, Bitcoin avoided the type of risk-off move that would have pushed it back toward the low-$80,000s. 

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“With Bitcoin already up over 7% in the opening days of 2026, the path of least resistance is toward the $100,000 psychological milestone. If unemployment continues to hold steady while inflation cools, we expect a definitive breakout of the $100k and a retest of the $110,000 psychological milestone that once served at an all-time high. This level is crucial as it being a previous all-time high makes it serve as a crucial resistance level bitcoin must move higher than in order to instill confidence in investors that high prices are on the table.” Matt Mena, Crypto Research Strategist at 21shares.

Why Bitcoin’s $100,000 Still Looks Hard in the Near TermWhile the report removed one downside risk, it did not unlock a new upside driver.

Wage growth at 3.8% remains high enough to keep services inflation sticky. That gives the Federal Reserve room to stay on hold rather than move quickly toward rate cuts.

Bitcoin has rallied fastest in this cycle when markets priced in falling interest rates and rising liquidity. Friday’s data did not reinforce that narrative.

Instead, it supports a longer pause in policy. That limits the odds of a rapid liquidity-driven surge toward $100,000.

Large Bitcoin investors are not buying the dip.

Addresses holding 1K–10K BTC are down 220K BTC YoY, the fastest decline since early 2023.

A similar rollover in 2021–2022 happened before price topped. pic.twitter.com/0NtZ06Bp4M

— CryptoQuant.com (@cryptoquant_com) January 9, 2026 Bitcoin’s path back to six figures now depends less on labor data and more on capital flows and interest rate expectations.

Sustained inflows into spot Bitcoin ETFs would provide the demand needed to push through the $95,000 resistance zone. A clearer signal that the Fed plans to cut rates would also help.

For now, the jobs report keeps Bitcoin stable above $90,000. It removes the threat of a sudden macro shock. But it does not yet provide the spark needed for a clean breakout to $100,000.

Disclaimer

In adherence to the Trust Project guidelines, BeInCrypto is committed to unbiased, transparent reporting. This news article aims to provide accurate, timely information. However, readers are advised to verify facts independently and consult with a professional before making any decisions based on this content. Please note that our Terms and Conditions, Privacy Policy, and Disclaimers have been updated.

TLDR:

Bitcoin is trading below $91,000, crossing the operational breakeven point for miners. Hashrate growth stalls as miners prioritize survival over expansion. On-chain data shows a net accumulation of BTC, ruling out a panic-driven mass sell-off. The week concludes with high financial tension in the digital asset ecosystem. The pioneer crypto is trading below the marginal cost required to sustain network growth, placing it near the $91,000 mark.

Bitcoin Price has an Energy Floor. Miner Stress Is Here.

Real WAHA power economics:
OpEx only: 5.9¢/kWh → ~$66k breakeven
Full-cycle (capex + downtime + taxes): 8.6¢/kWh → ~$96k breakeven

BTC spot: ~$91k.

The Reality: Miners are surviving on cash flow but losing money on a… pic.twitter.com/Vy96IGUaRM

— David 🇺🇸 (@david_eng_mba) January 9, 2026 This figure sits below the estimated full-cycle breakeven point, which directly impacts Bitcoin mining profitability. For miners operating in high-capacity hubs, such as the WAHA in Texas, all-in operational and capital costs suggest that the true breakeven price lies between $95,000 and $96,000.

This gap has caused the deployment of new capital to halt, freezing the hashrate growth that had been consistent throughout most of 2024 and early 2025.

Adaptation in the Face of Low Bitcoin Mining Profitability Despite the pressure on margins, the market shows no signs of an imminent capitulation. Unlike other cycles where miners were forced to liquidate their reserves en masse, Glassnode data reveals a net accumulation of approximately 663 BTC.

It appears that operators are managing their balance sheets internally to absorb the stress without saturating the market with forced sales.

The network’s response was a downward difficulty adjustment of 1.2%—a modest move confirming that while Bitcoin mining profitability is at a minimum, most existing infrastructure remains operational.

Analysts suggest that the sector is in a stage of consolidation under pressure; miners are adapting their behavioral patterns, halting technological expansion while maintaining network security.

In summary, although Bitcoin is trading below its production and investment cost, the stability of miner balances suggests the network is recalibrating its forces rather than facing a structural breakdown.

Fri, 9/01/2026 - 20:26

BNY states that these tokenized deposits will serve as the "connective tissue" between traditional assets and digital rails.

Cover image via U.Today Ripple Prime, the institutional arm of San Francisco-based enterprise blockchain firm Ripple, has signed on as one of the first major clients to use BNY's cutting-edge technology that tokenizes regular bank deposits.

The prominent New York-based bank initially announced the new technology earlier today.

Tokenized deposits, explained Crypto markets operate 24/7/365, but the banking system (wires, SWIFT, ACH) sleeps on weekends and holidays.

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This creates "settlement risk." You might need to move millions of dollars to cover a crypto trade on a Saturday, but the bank is closed.

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BNY has come up with an innovative solution to create the tokenized version of the money remaining in the bank. These tokens represent a direct claim on the bank’s cash.

These blockchain-based tokens can be moved instantly, which makes them an attractive option compared to traditional solutions. They can be moved instantly, 24/7, and "programmed" to settle automatically. 

The initial use case for this tech is "collateral and margin workflow." If Ripple Prime needs to post collateral for a trade with another BNY client, they can simply move the tokenized deposit instantly.

A high-profile partnership Testing BNY's tokenized deposits builds on the existing partnership between Ripple and the New York-based banking behemoth. 

As reported by U.Today, BNY is already the custodian holding the cash reserves that back Ripple’s flagship RLUSD stablecoin. 

Being named an "early adopter" alongside giants of the likes of Citadel Securities is significant for Ripple Prime since this places the company inside the circle of "trusted institutional infrastructure."

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TLDR:

TRUMP’s volume surged drastically, but the price remains stagnant due to a lack of institutional buyers. “Smart Money” wallets have avoided acquiring TRUMP in the last 30 days, preferring to reduce their exposure. MELANIA is experiencing a 28% year-to-date rally driven by the upcoming premiere of a documentary on Amazon MGM Studios. Political-themed tokens (PoliFi) have taken center stage during the second week of January 2026. Data from Nansen indicates that the Trump token experienced a massive spike in its daily volume, reaching peaks of up to $147 million. 

Whats been going on with $TRUMP as of late:

Jan 3-5 saw massive volume spike to $128-$147M daily (3-4x normal)$TRUMP holder behavior over the last 30 days shows a clear trend among public figures

Top traders and whales are distributing to retail and exchanges.

No… pic.twitter.com/EzrK2MPCNV

— Nansen 🧭 (@nansen_ai) January 9, 2026 However, this surge in activity failed to sustain the price, which is hovering around $5.34—far from its all-time high of $75.

Currently, Trump holders are concerned about “Smart Money“ behavior. Recent data shows that in the last month, not a single expert investor wallet has purchased the asset. 

On the contrary, metrics show a net capital outflow from whale wallets and a steady stream of tokens moving toward exchanges, suggesting that large investors are taking advantage of any bounce to liquidate their positions.

Capital Rotation into the MELANIA Token and External Factors While TRUMP struggles against selling pressure, another of the most followed political-themed tokens, MELANIA, is attracting speculative attention. So far in 2026, the Solana-based asset has risen 28%, trading near $0.150. 

This renewed interest coincides with Amazon MGM Studios’ announcement regarding the release of a biographical documentary titled “Melania” later this month.

Coinglass data reinforces this bullish sentiment for the former First Lady’s token, with a long-to-short ratio that more than doubles. 

However, much like other political-themed tokens, MELANIA remains 99% below its all-time high, reminding investors of the extreme volatility and inherent risk of these narrative-driven assets.

In summary, the crypto ecosystem is witnessing a capital rotation where smart money seeks refuge or new viral narratives, moving away from projects showing signs of mass distribution by their founders or original large holders.

Tether minted $1 billion in USDT on the Tron network on Jan. 9, in a transaction aimed at replenishing inventory amid rising demand for stablecoin liquidity.

On-chain data shows the issuance moved from Tether’s official multisig wallet to its treasury wallet on Tron, a process commonly described as an authorized mint. The newly created USDT did not enter circulation immediately. Instead, it remains in reserve so exchanges and counterparties can draw liquidity when demand increases. The event marked the first large USDT mint of 2026 and was flagged by on-chain tracking accounts.

Tron hosts more than 60% of circulating USDT and is widely used due to low fees and fast confirmations. In 2025, the network processed over $7 trillion in USDT transfers, reinforcing its role as a major stablecoin settlement rail. Large mints of USDT often coincide with periods of increased trading demand, as USDT serves as a primary quote asset for Bitcoin and altcoin purchases.

Source: Onchain Lens; Arkham Intelligence (on-chain data)

Disclaimer: Crypto Economy Flash News are based on verified public and official sources. Their purpose is to provide fast, factual updates about relevant events in the crypto and blockchain ecosystem.

This information does not constitute financial advice or investment recommendation. Readers are encouraged to verify all details through official project channels before making any related decisions.

Journalist

Posted: January 10, 2026

Monero [XMR] was up 4.2% in 24 hours and 11% in a week. The privacy coin sector has taken a hit in the past week.

The fallout between ZCash [ZEC] and the Electronic Coin Company (EEC) sparked an immediate market reaction. ZEC dropped nearly 20% in a single day before rebounding shortly afterward.

This could have led to greater capital flows into Monero, another leading privacy coin. It was pushing toward its all-time high at $517, aided by the ZEC fallout and the relative strength in the altcoin sector in January.

Monero to challenge a local resistance once more

Source: XMR/USD on TradingView

On the 3-day timeframe, Monero had been opposed by the $420 resistance since November. This level was a swing high from May 2025. Recent price action saw this area flipped to support, presenting swing traders with a buying opportunity.

The impulse move from $165 to $420 earlier in the year was used to plot a set of Fibonacci extension levels. It showed that $480 and $577 were the next extension targets.

The $480 level has temporarily rejected XMR bulls, but will likely be challenged again.

The technical indicators on the 3-day timeframe remained bullish. The RSI showed strong upward momentum, and the OBV maintained its uptrend to indicate sustained buying pressure.

The possibility of a bearish reversal While possible, it is the less likely outcome in the short-term, meaning within the next month. Bitcoin [BTC] has a chance to go towards $96k and possibly beyond $100k as part of a relief rally in the coming weeks.

Bitcoin Dominance has been falling recently to show increased altcoin gains compared to Bitcoin. Additionally, the higher timeframe trend of Monero is bullish, and it has retaken its spot as the leading privacy coin by market capitalization.

Why traders should stay bullish!

Source: XMR/USD on TradingView

The 4-hour chart showed that the $460-$470 area was a local supply zone. Given the bullish momentum and swing structure on this timeframe, it seems only a matter of time before this resistance is flipped to support.

Once it is, traders can look to go long, targeting the $517 and $577 levels to the north to take profits at.

Final Thoughts The Monero price gains have been steady since August, and the uptrend is expected to continue. The privacy token could set new all-time highs soon, even though the overall market sentiment remained fearful. Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion.

Akashnath S is a Senior Journalist and Technical Analysis expert at AMBCrypto. He specializes in dissecting price action, identifying key market trends through advanced chart patterns, and forecasting both short-term and long-term asset trajectories. His distinct analytical method is grounded in his academic training as a Chemical Engineer. This background provides him with a systematic, process-oriented approach to market data, enabling him to analyze the complex dynamics of financial markets with precision and objectivity. Having actively covered the cryptocurrency space since the landmark 2017 market cycle, Akashnath possesses years of experience navigating both bull and bear markets. This seasoned perspective is critical to his insightful reporting on market volatility and evolution. As an active market participant, Akashnath enhances his analysis with crucial, hands-on experience. This practical application of his technical skills ensures his insights are not merely theoretical, but are also relevant and actionable for an audience looking to understand and navigate trading opportunities. He is dedicated to educating readers on the nuances of technical analysis, empowering them with the knowledge to make more informed financial decisions.