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Coinbase CEO forecasts Bitcoin near 400k by 2030 as U.S. crypto framework advances
news4 days ago

Coinbase CEO forecasts Bitcoin near 400k by 2030 as U.S. crypto framework advances

Coinbase CEO Brian Armstrong told Fox Business that Bitcoin is very likely to reach about 300,000 to 400,000 by 2030, citing a White House meeting with top regulators and momentum on the Clarity Act to differentiate digital assets as securities, commodities, or stablecoins. Trump urged lawmakers to pass the act, while some banks endorsed it, and Bitcoin’s price rose after the remarks. Meanwhile, the broader push for crypto legislation underscores a shift toward clearer U.S. policy on digital assets.

via Bitcoin Magazine|
#bitcoin-price#brian-armstrong#clarity-act
Bitcoin Dips Below $68K as ETF Outflows and Mt. Gox Moves Rally Market Fears
markets2 months ago

Bitcoin Dips Below $68K as ETF Outflows and Mt. Gox Moves Rally Market Fears

Bitcoin traded in the mid–$60k range and briefly slipped below $68,000—the lowest since April—amid a confluence of factors: heavy spot ETF outflows, Strategy’s first BTC sale in years, a $739 million Mt. Gox on-chain move, and renewed Iran–U.S. tensions fueling risk-off sentiment, leaving BTC around the $67k level as investors reassess Bitcoin’s premium and market exposure.

via Bitcoin Magazine|
#bitcoin-price#etf-outflows#iran-us
Bitcoin Rebounds Over 7% on Trump Speech and Upgrade Hopes
cryptocurrency6 months ago

Bitcoin Rebounds Over 7% on Trump Speech and Upgrade Hopes

Bitcoin surged about 7.7% in the last 24 hours, helping lift the total crypto market cap around 7.5%, as investors tilt bullish after President Trump's State of the Union address and as Bitcoin developers discuss upgrades to improve programmability, security and scalability. On-chain activity, including active addresses and daily transactions, has picked up, supporting the rally beyond mere sentiment.

via The Motley Fool|
#bitcoin#bitcoin-price#cryptocurrency
"SEC Commissioner's Comments on Bitcoin ETF Approval and the Impact on Bitcoin Price Rally"
cryptocurrency2 years ago

"SEC Commissioner's Comments on Bitcoin ETF Approval and the Impact on Bitcoin Price Rally"

Bitcoin price remains range bound below $43,000 despite the approval of BTC ETFs, with SEC Commissioner Hester Peirce noting that the regulator's different treatment of a BTC ETP likely generated fanfare surrounding the approval. The SEC vs Ripple lawsuit ruling states that XRP's classification as a security depends on the transaction, affecting Ripple's legal battle against the SEC and the implications for the broader crypto industry. The ruling offers a partial win for both Ripple and the SEC, but it remains unclear if it will set precedent for other open cases affecting digital assets, and the SEC's stance toward crypto assets is unlikely to change significantly after the ruling.

via FXStreet|
#bitcoin#bitcoin-price#cryptocurrency