Brian Armstrong, CEO of Coinbase, has proposed using Bitcoin as a "hard-backed currency" to address the United States' $39 trillion national debt. He suggests constitutional reforms and leveraging technologies like AI and cryptocurrencies to drive economic growth. This idea has sparked debate in the crypto community and influenced Bitcoin price predictions, with strong market support for Bitcoin reaching $65,000 by July 2026 but skepticism about higher targets. The proposal highlights ongoing discussions about Bitcoin's role in global finance, though practical challenges remain and no concrete actions have been taken yet.
Bitcoin traded flat near $63,400 after volatile intra-day swings between $63,317 and $64,400, keeping its market cap at $1.27 trillion. The recent sell-off linked to Strategy's bitcoin sales appears to have stabilized, with the company’s CEO assuring...
Cryptocurrency prices are fluctuating with Bitcoin trading around $63,359, slightly down by 0.10%. Ethereum and Solana show modest gains, while other coins like Zcash (ZEC) and Near Protocol (NEAR) experience significant increases of 6.20% and 6.50% ...
Gold prices rose 0.5% following July's inflation data showing a slowdown to 3.4% annually, easing fears of a Fed rate hike. Bitcoin and other cryptocurrencies also gained, supported by steady inflows into spot Bitcoin ETFs. However, analysts note tha...
Bitcoin rose to around $64,100 after U.S. inflation data showed the Consumer Price Index (CPI) increased 3.4% annually in July, slightly easing from 3.5% in June. The inflation report matched market expectations, leading traders to largely maintain t...
Cryptocurrency prices are fluctuating with Bitcoin falling 1.3% to $63,460 and Ethereum slightly down by 0.2%. Several altcoins like FIGR_HELOC and HYPE are gaining, showing positive momentum in some parts of the market. This mixed performance highli...
