Peter Schiff criticized President Donald Trump for suggesting Bitcoin could be added to the Trump Accounts savings program for children, claiming it was a favor to crypto donors who have financially supported Trump. Schiff pointed to major crypto backers like Elon Musk and Ripple Labs, who have contributed to pro-Trump PACs, as likely beneficiaries of this move. He urged Trump to separate the children's savings initiative from Bitcoin, reflecting his broader skepticism of the cryptocurrency amid recent market volatility. Schiff also highlighted concerns about the influence of crypto wealth on political decisions and the potential risks to the Trump Account policy system.
Coinbase stock increased by 14% over the past month, underperforming Bitcoin's 26% rise, because its revenue depends on trading volume and transaction fees rather than the Bitcoin price itself. While Bitcoin surged, Coinbase's trading volume declined...
Coinbase CEO Brian Armstrong is considering relocating out of California due to the state's proposed billionaire wealth tax, which he calls "deeply un-American" and potentially unconstitutional. The tax would impose a one-time 5% levy on the net wort...
SoFi Technologies and Coinbase Global stocks rose sharply as stablecoin trading expands beyond crypto-only firms into fintech. SoFi's SoFiUSD stablecoin, backed by the Federal Reserve, and Coinbase's USDC stablecoin are driving this sector rotation, ...
Bitcoin briefly surged past $80,000 in early trading, extending gains from a recent rally driven by renewed investor appetite for riskier assets and a short squeeze that liquidated over $4 billion in bearish positions. This momentum attracted retail ...
Coinbase has chosen Chainlink as the official oracle infrastructure for its Tokenized Stocks on the Base blockchain, providing continuous, institutional-grade pricing data. This integration allows millions of Base users to lend, borrow, and trade tok...
