Coinbase CEO Brian Armstrong has said his company’s most ambitious vision is to replace traditional banks by turning Coinbase into a full-service crypto “super app.” Speaking during a recent interview with Fox Business, Armstrong confirmed the company’s plans to offer a full suite of financial services, from payments to credit cards and rewards, all powered by crypto rails. “Yes, we do want to become a super app and provide all types of financial services,” Armstrong said. “We want to become people’s primary financial account and I think that crypto has…
Month: September 2025
Analyst Says XRP Price Not Reaching $10+ Due To Market Cap Is Irrelevant
The arguments for the XRP being able to reach $10+ or not have ranged from how high the market cap would have to go, as well as there being too much supply of the token. However, crypto analyst XForceGlobal has debunked it and said that the market cap argument is not valid. In their view, the XRP price is definitely primed for the $10 mark and is only a matter of time before the digital asset reaches this level. Don’t Be Fooled By The Market Cap Argument In a post…
Bitcoin May Go ‘Boring’ As Volatility Decreases: Saylor
Bitcoin becoming more appealing to institutional investors may come at the cost of the thrill that attracts retail investors, according to Strategy executive chairman Michael Saylor. “You want the volatility to decrease so the mega institutions feel comfortable entering the space and size,” Saylor told Natalie Brunell on the Coin Stories podcast published to YouTube on Friday. Michael Saylor says it is a “conundrum” “The conundrum is, well, if the mega institutions are going to enter, if the volatility decreases, it is going to be boring for a while, and…
BlackRock purchases $390M in Bitcoin and Ethereum
Key Takeaways BlackRock bought $390 million worth of Bitcoin and Ethereum, strengthening its position as a major institutional crypto holder. The firm’s crypto portfolio has rapidly expanded following the introduction of Bitcoin ETFs in 2024. Share this article BlackRock, a major American investment management corporation overseeing trillions in assets, purchased $390 million in Bitcoin and Ethereum on Friday, continuing its aggressive expansion into digital assets. The latest acquisition adds to BlackRock’s substantial crypto holdings, which have grown rapidly since the firm began offering cryptocurrency ETFs. The investment management giant now…
Pi Network Drops Massive Update – Every Pioneer Must See This
TL;DR Pi Network introduced a new solution that could speed up the verification process. PI reportedly made its debut on the Solana blockchain. However, the token’s price remains in red territory for the day and far away from its peak levels observed earlier this year. The New Feature The team behind Pi Network unveiled Fast Track KYC – a new feature designed via further integration of AI in the Know-Your-Customer process. Pioneers and non-users are allowed to complete it to participate in the Mainnet ecosystem “earlier than ever before.” “This…
Crypto Will Surge On Fed Moves And Market Isn’t Ready: Economist
Crypto market participants may be underestimating how aggressive the US Federal Reserve will be in the coming months in shifting its policy direction, according to an economist. “Markets are underpricing the likelihood of rapid rate cuts in the coming months on the part of the Federal Reserve,” Economist Timothy Peterson told Cointelegraph on Friday. “There has never been a gradual reduction in rates like that currently envisioned by the Fed,” Peterson said, explaining that he expects “the surprise effect” to kick in and potentially catch the market offside. “It will…
BitGo files S-1 for potential IPO
Key Takeaways BitGo has filed an S-1 registration with the SEC for a possible initial public offering (IPO). The company specializes in digital asset custody, focusing on institutions and stablecoins. Share this article BitGo, a digital asset custody and security firm, today filed an S-1 registration statement with the Securities and Exchange Commission for a potential initial public offering. The filing represents a significant step toward public markets for the institutional-focused crypto company, which specializes in custody services for cryptocurrencies and stablecoins. Share this article Source link
Kevin Durant recovers lost Bitcoin after nearly 10 years on Coinbase
Nearly 10 years after buying Bitcoin on Coinbase, NBA superstar Kevin Durant has regained access to his holdings thanks to a completed account recovery. The news was announced via an X post by Coinbase CEO Brian Armstrong on Thursday evening. “We got this fixed. Account recovery complete!,” Armstrong wrote. Source: Brian Armstrong Durant, a 15-time NBA All-Star who will suit up for the Houston Rockets this season, shared the story of his lost Bitcoin (BTC) on Tuesday at the annual Gameplan Summit in Santa Monica. Appearing alongside his agent, Rich…
Enosys introduces XRP-backed stablecoin protocol using Liquity V2 fork
Key Takeaways Enosys launched an XRP-backed stablecoin protocol on the Flare blockchain using a fork of Liquity V2, enabling users to mint stablecoins by depositing FXRP. Flare is a layer-1 blockchain integrating smart contracts and decentralized data oracles, supporting the DeFi ecosystem for payment tokens like XRP. Share this article Enosys announced the upcoming launch of a new product called Enosys Loans, described as the first collateralized debt position protocol to leverage XRP as collateral for minting a stablecoin. The platform will operate on Flare, a layer-1 blockchain network that…
Ethena Partners With Flowdesk as USDe Surges Past $14B
The rapid growth of the Ethena stablecoin ecosystem continued on Friday as Ethena Labs announced a partnership with institutional OTC desk Flowdesk, aimed at expanding access to its two tokens — USDe and USDtb. Flowdesk, whose clients include token issuers, hedge funds and exchanges, will support trading and reward programs tied to both stablecoins, the companies said. Source: Flowdesk USDe is Ethena’s synthetic dollar, backed mainly by crypto assets and stabilized through a delta-neutral hedging strategy that keeps its value pegged to $1. USDtb is backed by real-world assets —…