Coinbase's Brian Armstrong predicted that Bitcoin could reach multiple million dollars in price over time. He also acknowledged that more institutions are adopting Bitcoin, which could raise its price to millions.
Learn about the discovery by a Coinbase exec of 430 Bitcoin associated with Silk Road creator Ross Ulbricht that were untouched for 13 years.
On the other hand, Coinbase is less affected by Bitcoin price fluctuations. As long as trading volumes remain high, whether through sell or buy transaction, it will continue make money from the trading fees. This article first appeared on GuruFocus.
The Bitcoin price jumped 2% in the last 24 hours as this crypto wallet presale closes on the $8 million milestone.
If you're a Coinbase user, you may be able to use the bitcoin you own as collateral to get a loan thanks to a new service launched Thursday. But the offering has its risks.
Michael Saylor’s Bitcoin strategy has attracted plenty of fanfare. Basically, MicroStrategy (NASDAAQ:MSTR) borrows money to buy more Bitcoin. The publicly-traded corporation currently owns about 2% of the world’s total Bitcoin supply,
Coinbase shares have surged 130% in the past year due to rising crypto popularity and Donald Trump being back in the Oval Office. Explore more details here.
Furthermore, instead of issuing these loans on a blockchain even remotely related to Bitcoin (such as Bitcoin sidechains or Bitcoin L2s), Coinbase is issuing them through Morpho Labs, a DeFi platform best described as an AAVE competitor. While Morpho is a well-established platform—and I don’t doubt its security—it has no connection to Bitcoin.
At the World Economic Forum in Davos, industry leaders debated Bitcoin’s role as a reserve asset, the memecoin frenzy and crypto’s future amid Trump’s return to the Oval Office.
Despite no immediate action from freshly-inaugurated president Donald Trump, the odds of a strategic Bitcoin (CRYPTO: BTC) reserve in 2025 have increased on prediction market Kalshi. A market shows a 64% probability,
Brian Armstrong, CEO of Coinbase, has revealed that former U.S. President Donald Trump is excited about the idea of a strategic Bitcoin Reserve.