Brian Armstrong predicts Bitcoin could hit multi-million dollar prices, fueled by ETFs, institutional growth, and US initiatives.
Speaking at the World Economic Forum in Davos 2025, Coinbase (NASDAQ:COIN) CEO Brian Armstrong placed Bitcoin (CRYPTO: BTC) on a higher pedestal than gold as a store of value for governments. What Happened: In an interview with CNBC,
If you're a Coinbase user, you may be able to use the bitcoin you own as collateral to get a loan thanks to a new service launched Thursday. But the offering has its risks.
Predictions of Bitcoin’s explosive growth hinge on corporate treasuries and unprecedented institutional involvement.
Furthermore, instead of issuing these loans on a blockchain even remotely related to Bitcoin (such as Bitcoin sidechains or Bitcoin L2s), Coinbase is issuing them through Morpho Labs, a DeFi platform best described as an AAVE competitor. While Morpho is a well-established platform—and I don’t doubt its security—it has no connection to Bitcoin.
Trump’s new meme coin and other crypto plummets as president takes office - Incoming president tells fans to ‘have fun’ with new digital currencies
Coinbase, in partnership with Morpho Labs, has launched a Bitcoin-backed loan service, allowing U.S. users to borrow up to $100,000 in USD Coin (USDC) using their Bitcoin as collateral.
Coinbase's setup caps each borrow at $100,000 in USDC. To borrow that much money customers will need to post more than that amount of bitcoin. Morpho will start liquidating the collateral if the loan-to-value ratio flies too close to the sun.
South Africa's central bank chief criticised crypto lobbying and Trump's bitcoin reserve proposal, highlighting risks of regulatory capture, despite industry
Tether's future on Coinbase hangs in the balance as the law may demand its delisting, impacting crypto investors and traders.
As billions of dollars flow into bitcoin, financial companies need low-risk bitcoin custody solutions. Multi-institution custody is emerging to meet this need.