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Senate Passes GENIUS Act—Coinbase's Brian Armstrong Calls It 'Big Milestone,' Scott Bessent Says Passage Could Drive Stablecoins Into A $3.7 Trillion Market
Wednesday, June 18, 2025 - 2:26am | 1086In a significant development, the Senate passed the GENIUS Act on Tuesday, a bill establishing the country’s first regulatory framework for dollar-pegged stablecoins. Prominent names tied to the cryptocurrency industry soon took to social media to celebrate the passage. What happened:...
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'People Will Flee' To Bitcoin: Coinbase CEO Sees End Of Fiat Era Coming
Friday, June 13, 2025 - 10:04am | 445Coinbase (NASDAQ:COIN) CEO Brian Armstrong said Bitcoin (CRYPTO: BTC) may emerge as the world's new reserve currency, pointing to mounting global deficits and rising economic uncertainty as catalysts for a shift away from fiat systems. Armstrong said that Bitcoin could evolve into the world’s...
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Market Fluctuations, Musk's Bitcoin Nod And A $31 Million Bitcoin Donation: This Week In Crypto
Sunday, June 8, 2025 - 9:01am | 561The past week was a rollercoaster ride for the cryptocurrency market. From Bitcoin and other major cryptocurrencies facing a dip due to macroeconomic uncertainty, to Ripple’s XRP climbing amid a significant investment, the crypto world was buzzing with activity. Adding to the intrigue, Elon...
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Elon Musk, Who Called Trump's 'One Big Beautiful Bill' A 'Disgusting Abomination,' Responds To Coinbase CEO's Warning That Bitcoin Could Replace Dollar If Congress Isn't Held Accountable
Wednesday, June 4, 2025 - 9:39pm | 540Tesla and SpaceX CEO Elon Musk signaled agreement with Coinbase CEO Brian Armstrong's warning Wednesday that government overspending could lead to Bitcoin (CRYPTO: BTC) replacing the dollar as the reserve currency. What happened: Armstrong was responding to a post by World of Statistics that...
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Coinbase CEO Brian Armstrong Hails 'Huge Win' As GENIUS Act Advances With Bipartisan Senate Support
Tuesday, May 20, 2025 - 3:43am | 618Coinbase Global Inc. (NASDAQ:COIN) CEO Brian Armstrong celebrated a significant milestone for cryptocurrency regulation after the GENIUS Act cleared its first major procedural hurdle in the Senate with bipartisan support. What Happened: Armstrong described the advancement as “a huge win for...
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Coinbase Under SEC Investigation For Overstatement Of User Numbers
Friday, May 16, 2025 - 11:24am | 524The U.S. Securities and Exchange Commission is investigating whether Coinbase Global Inc. (NASDAQ:COIN), the largest U.S.-based cryptocurrency exchange, misrepresented its user numbers in past disclosures. The Details: According to a Thursday report from the New York Times, the SEC's probe centers...
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Coinbase Hit By Data Breach, Refuses To Pay $20M Ransom
Thursday, May 15, 2025 - 10:58am | 462Coinbase (NASDAQ:COIN) on Thursday disclosed a material cybersecurity incident involving insider abuse and data theft, leading to a $20 million Bitcoin (CRYPTO: BTC) ransom demand from a threat actor. The company has refused to pay, instead placing a $20 million bounty for information leading to...
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Coinbase CEO Brian Armstrong Invites DOGE Staff To 'Create A More Efficient Financial System'
Wednesday, May 14, 2025 - 12:48pm | 384Coinbase (NASDAQ:COIN) CEO Brian Armstrong has called on Department of Government Efficiency contractors to apply to Coinbase to “help create a more efficient financial system for the world.” What Happened: In a post on X on May 13, Armstrong wrote “If you’re looking for...
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Cathie Wood Says 'Index-Sensitive Managers Will Be Compelled to Consider' Coinbase As Crypto Exchange Platform Joins S&P 500 Index
Tuesday, May 13, 2025 - 3:17am | 669ARK Invest CEO Cathie Wood applauded Coinbase Global Inc. (NASDAQ:COIN) on its inclusion in the S&P 500 index, marking the first cryptocurrency company to achieve this milestone. What Happened: Wood responded to Coinbase CEO Brian Armstrong‘s announcement by congratulating both him and...
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Coinbase CEO Brian Armstrong Believes Traditional Banks Launching Own Stablecoins 'Not Necessarily The Best' Path— Pitches USDC As Option
Friday, May 9, 2025 - 1:13am | 705Coinbase Global Inc. (NASDAQ:COIN) CEO Brian Armstrong, on Thursday, touched on the wisdom of traditional banks launching their own stablecoins in light of their foray into the cryptocurrency industry. What Happened: During the first quarter earnings call, Armstrong was asked about the growing...
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Coinbase Slips On Q1 Miss, Highlights SEC 'Win' And Strategic Bitcoin Reserve Executive Order
Thursday, May 8, 2025 - 4:53pm | 561Cryptocurrency company Coinbase Global (NASDAQ:COIN) reported first-quarter financial results after market close Thursday. Here are the highlights. What Happened: Coinbase reported first-quarter total revenue of $2.03 billion. It missed a Street consensus estimate of $2.12 billion, according to...
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Senator On Digital Assets Committee Buys More Bitcoin ETF Shares: '2025 Is The Year For Digital Assets'
Friday, April 25, 2025 - 2:27pm | 856A senator who bought shares of a Bitcoin (CRYPTO: BTC) ETF before President Donald Trump announced an Executive Order to establish Strategic Bitcoin Reserves has added more shares to his portfolio, bringing his total bet on Bitcoin up to the $375,000 to the $850,000 range since February. What...
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Senator Buys Up To $600K In Bitcoin ETF After Selling $1 Million In Goldman Sachs Stock: Committee Assignment Could Be Red Flag (CORRECTED)
Wednesday, April 2, 2025 - 2:51pm | 938Editor's Note: The headline has been updated to reflect David McCormick's current title. A senator who bought shares of a Bitcoin (CRYPTO: BTC) ETF before President Donald Trump announced an Executive Order to establish a Strategic Bitcoin Reserve is back again with a hefty bet on the future price...
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Coinbase CEO Brian Armstrong Advocates For Stablecoins: 'Consumers Deserve A Bigger Piece Of The Pie'
Tuesday, April 1, 2025 - 12:28pm | 612Coinbase (NASDAQ:COIN) CEO Brian Armstrong is making a strong case for unlocking onchain interest for stablecoins, arguing that it offers a practical path to empowering consumers, expanding global financial access and reinforcing U.S. dollar dominance in the digital era. What Happened: In a blog...
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Trump Declares US The 'Bitcoin Superpower' At White House Crypto Summit With Top Industry Executives
Saturday, March 8, 2025 - 8:21am | 547At a first-of-its-kind crypto summit at the White House, President Donald Trump pledged to make U.S. the global leader in Bitcoin (CRYPTO: BTC) and digital assets, signaling his administration's full embrace of the cryptocurrency industry. What Happened: On Friday, more than two dozen top crypto...