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This Is Arguably the Most Important Use Case for Bitcoin and Cryptocurrency, According to Brian Armstrong

This Is Arguably the Most Important Use Case for Bitcoin and Cryptocurrency, According to Brian Armstrong

The CEO of Coinbase is revealing what he thinks the most important use cases for cryptocurrencies are. In a new Coinbase blog post, Coinbase CEO Brian Armstrong attempts to answer the question “what is crypto even useful for?” First, Armstrong says that out-of-control money printing has caused an increasing level of economic inequality via inflation […]

The post This Is Arguably the Most Important Use Case for Bitcoin and Cryptocurrency, According to Brian Armstrong appeared first on The Daily Hodl.

Morgan Stanley mulls allowing brokers to recommend Bitcoin ETFs

’10x Surge’ — Coinbase Traffic Overwhelmed Initial Demand Projections Amid Bitcoin’s Rise to $64K

’10x Surge’ — Coinbase Traffic Overwhelmed Initial Demand Projections Amid Bitcoin’s Rise to KThe crypto enterprise Coinbase, rooted in San Francisco, experienced an influx of online visits that surpassed the tenfold increase anticipated by their projections. Brian Armstrong, the CEO of Coinbase, shared updates about the heightened traffic following the exchange’s operational hiccups, which coincided with bitcoin’s climb to $64,000 on Wednesday. Coinbase Traffic Spike Surpasses Expectations Coinbase, […]

Morgan Stanley mulls allowing brokers to recommend Bitcoin ETFs

Coinbase CEO Says No Access Block in Nigeria, Platform Operating Normally

Coinbase CEO Says No Access Block in Nigeria, Platform Operating NormallyCoinbase CEO Brian Armstrong has dismissed reports of his cryptocurrency exchange being blocked by Nigerian authorities. He emphasized that Coinbase products are fully operational in Nigeria without any interruptions. “We have not received any outreach or communication from officials in Nigeria,” the Coinbase executive affirmed. Meanwhile, Binance has reportedly admitted that some users in Nigeria […]

Morgan Stanley mulls allowing brokers to recommend Bitcoin ETFs

Coinbase CEO: Every Institution Is Now Starting to Hold Crypto

Coinbase CEO: Every Institution Is Now Starting to Hold CryptoCoinbase CEO Brian Armstrong says “every institution is now starting to hold crypto,” emphasizing that “the asset class will be a standard part of every diversified portfolio.” Moreover, the executive noted that institutions will eventually be using crypto in other ways, such as “holding it on their balance sheet, paying their vendors, [and] doing payroll.” […]

Morgan Stanley mulls allowing brokers to recommend Bitcoin ETFs

Coinbase Commerce Ditches Support for Bitcoin Payments Using Self-Custody Wallets

Coinbase Commerce Ditches Support for Bitcoin Payments Using Self-Custody WalletsCoinbase Commerce, the cryptocurrency payments solution of U.S.-based exchange Coinbase, has removed support for bitcoin payments using self-custody wallets. Brian Armstrong, CEO of the exchange, clarified it maintains support for payments from UTXO-based chains from Coinbase accounts. However, Commerce will focus on supporting ERC-20 tokens on layer 2 protocols, like Base and Polygon. Coinbase Commerce […]

Morgan Stanley mulls allowing brokers to recommend Bitcoin ETFs

Coinbase Shares (COIN) Soar to New Yearly High After Posting First Profitable Quarter in Two Years

Coinbase Shares (COIN) Soar to New Yearly High After Posting First Profitable Quarter in Two Years

Shares of Coinbase (COIN) rallied at the end of the week after the crypto exchange released its fourth-quarter results for 2023. Coinbase’s earnings report revealed the exchange posted its first profitable quarter in over two years, with a net income of $273 million, or $1.04 a share. Speaking with Bloomberg, Owen Lau, an analyst at […]

The post Coinbase Shares (COIN) Soar to New Yearly High After Posting First Profitable Quarter in Two Years appeared first on The Daily Hodl.

Morgan Stanley mulls allowing brokers to recommend Bitcoin ETFs

Coinbase CEO Brian Armstrong Says SEC’s Spot Bitcoin ETF Approvals Will Attract New Pools of Capital to Crypto

Coinbase CEO Brian Armstrong Says SEC’s Spot Bitcoin ETF Approvals Will Attract New Pools of Capital to Crypto

The chief executive of Coinbase is weighing in on the impacts of the approved spot market Bitcoin (BTC) exchange-traded funds. In a new interview on CNBC Squawk Box, Coinbase CEO Brian Armstrong says that the spot BTC ETFs will bring into the crypto market new sources of capital. “This is a monumental step for the […]

The post Coinbase CEO Brian Armstrong Says SEC’s Spot Bitcoin ETF Approvals Will Attract New Pools of Capital to Crypto appeared first on The Daily Hodl.

Morgan Stanley mulls allowing brokers to recommend Bitcoin ETFs

US Banking Industry’s Lobby Group Helped Write Elizabeth Warren’s Anti-Crypto Bill, According to Senator

US Banking Industry’s Lobby Group Helped Write Elizabeth Warren’s Anti-Crypto Bill, According to Senator

A prominent banking trade association is helping author Senator Elizabeth Warren’s Digital Asset Anti-Money Laundering Act. In a new announcement, Republican Senator Roger Marshall of Kansas, who co-sponsors the bill with Warren, says the American Bankers Association (ABA) had a hand in shaping the potential crypto legislation, which aims to force the crypto industry to […]

The post US Banking Industry’s Lobby Group Helped Write Elizabeth Warren’s Anti-Crypto Bill, According to Senator appeared first on The Daily Hodl.

Morgan Stanley mulls allowing brokers to recommend Bitcoin ETFs

Brian Armstrong Says Coinbase Stands To Benefit From Large Incoming Pools of Capital to Crypto via Bitcoin ETF

Brian Armstrong Says Coinbase Stands To Benefit From Large Incoming Pools of Capital to Crypto via Bitcoin ETF

The chief executive of Coinbase says that the crypto exchange will receive a boost from new capital coming into the space via Bitcoin (BTC) exchange-traded funds. In a new interview on CNBC Television, Coinbase CEO Brian Armstrong says that expected BTC ETFs will soon inundate the crypto industry with institutional capital and new users, complementing […]

The post Brian Armstrong Says Coinbase Stands To Benefit From Large Incoming Pools of Capital to Crypto via Bitcoin ETF appeared first on The Daily Hodl.

Morgan Stanley mulls allowing brokers to recommend Bitcoin ETFs

Coinbase rolls out crypto transfers via links sent on WhatsApp, Telegram

Recipients need to download a Coinbase Wallet to receive the funds, but the crypto exchange says they’ve simplified the process for less tech-savvy users.

A new feature from Coinbase Wallet allows for the transfer of crypto through a link that can be sent through some of the most popular social media sites and messaging apps as the crypto exchange looks to make its service accessible to a wider market.

“Users can now send money on any platform that they can share a link,” Coinbase said in a Dec.

There’s no payment fee when sending USD Coin (USDC), a U.S.

Clicking the link will take the recipient to their device’s app store to download Coinbase Wallet — if not already downloaded — where they can create a wallet in one click, Coinbase noted.

If the funds aren’t claimed within two weeks, they will be returned to the sender.

Coinbase also made a “simple mode” for its wallet to help new and less savvy tech users which only shows basic functions like buying, sending, receiving and viewing assets.

Related: How to prepare for the next crypto bull market: 5 simple steps

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Morgan Stanley mulls allowing brokers to recommend Bitcoin ETFs