Coinbase CEO Brian Armstrong highlighted how cryptocurrency has enhanced financial inclusion worldwide by enabling access to low-inflation stablecoins, decentralized finance (DeFi) credit, tokenized stocks for unbrokered investors, and bitcoin as a store of value. He emphasized crypto as foundational infrastructure, complementing technologies like AI rather than competing with them. Coinbase is expanding beyond exchange services into subscriptions, payments, and AI-ready blockchain infrastructure, while advocating for the Clarity Act to provide regulatory clarity. Despite recent crypto project failures, Armstrong remains optimistic about crypto's progress and future potential.
Coinbase stock is trading around $170 after missing earnings for three consecutive quarters and dropping nearly 25% this year. The company is shifting towards steadier income from subscription and stablecoin revenue, which now surpasses retail tradin...
Coinbase shares have dropped nearly 50% over the past year, but a bullish case centers on a projected stablecoin market growth from $300 billion to $3 trillion by 2030. Coinbase's USD Coin and Base blockchain position it well to benefit from this exp...
Federal regulators finalized stablecoin rules under the GENIUS Act, prompting a surge in crypto stocks: Circle Internet Group rose 6%, Strategy jumped 8%, and Coinbase climbed 5%. The new rules set standards for reserve backing, redemption, and risk ...
JPMorgan has moved its dollar-backed JPM Coin to Ethereum's public blockchain, aiming to facilitate 24/7 institutional payments and tap into Ethereum's liquidity. Despite this major bank endorsement, Ethereum's price remains down, with no immediate u...
