I had lost all the trust on mainstream media a long time ago. These channels are owned by corporation. Many have outstanding loans towards bank. Sometimes the masters of many news channels are themselves partners in banks. In some cases they are associated with the ruling political parties. All of these provides them with reasons and purpose to defame crypto currencies using their platform.
If all of the reasons don't exist with the channel then they write non sense articles just for the purpose of creating sensationalism. They do this because sensationalism sells. It increases their TRP and Helps their channel earn money through selling of ads. Not just in case of crypto currencies. They create sensationalism in every possible case.
People have trust for them and they use this trust to manipulate them and sell them into things that are not good for them. some times they do it to control people's choices and brain wash them into thinking like they do so that they can continue reaping profits from them.
I have seen many and read many articles written by various journalists. After reading articles on subject matters i have knowledge on i have come to a conclusion that these articles are written with out or less information on said subject matter. The journalist writing articles hardly know any thing about the subject they are writing. They are mostly clueless. Since there is a race on to produce articles as soon as possible, this is killing the need to do proof reading. They want the article or news to publish from their side first. In this race of being first, they don't care if there is a truth in it or not.
I personally donot think this is going to change any day. The mainstream media will never change. As long as money is linked with, there won't be any change that is going to be visible. Even if some people try to create Independent media then they are shut down by taking away their revenue generating sources. Best example is Youtube adpocalypse. A lot of news channels on youtube lost monetization simply because they were news channels. The wall street journals went after the independent youtube news channels because of the directly rivalry and in an attempt to kill the competition.