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Armstrongs statements come as Coinbase launches a $15K bot accelerator.
Cardano founder Charles Hoskinson has responded to the claims from famous crypto commentator Ben Armstrong, aka BitBoy, who asserted that…
The post Cardano Founder Reacts as BitBoy Says ADA Has Lost Institutional Appeal first appeared on The Crypto Basic.
Cardano Founder Charles Hoskinson responded to Ben Armstrongs comments about ADA status as a dead coin. Hoskinsons reply sparked a conversation about the state of the crypto industry and whats valued in projects. Cardano And Polkadot Labeled Dead Coins On Wednesday, crypto influencer Ben Armstrong, known as BitBoy Crypto, shared his thoughts on Cardano (ADA) [...]
The post Cardano (ADA) Founder Claps Back At Dead Coin Comments, Issues Reminder To The Community appeared first on Crypto Breaking News.
Famous crypto commentator Ben BitBoy Armstrong has reiterated his belief that Cardano (ADA) is dead and incapable of yielding substantial…
The post BitBoy Reaffirms Cardano is Dead, Will Not Yield Serious Gains This Bull Run first appeared on The Crypto Basic.
The GENIUS Act proposes federal licensing for stablecoin issuers aiming to bring clarity to the $240 billion market.
Coinbase announced its integration with the Lightning Network via partner firm Lightspark, paving the way for faster and more affordable Bitcoin transactions. This collaboration is a step forward over traditional payment systems, which are often riddled with a sluggish and costly user interface. According to a report, in 2022 alone, U.S. consumers spent $75 billion […]
Brian Armstrong claimed SEC staff said all cryptocurrencies but Bitcoin are securities and requested the exchange delist all other cryptocurrencies.
300,000% Surge for BALD? Memecoins are running the Base, but traders should stay cautious.
Meme coin mania erupted on Coinbase’s new Layer 2 Blockchain, Base, as BALD token surged into the stratosphere. At one point at the weekend Bald, [...]
The SEC had previously claimed that Coinbase was aware of violating securities law.
According to BitBoy, considering new revelations, he is no longer sure the judge will favor Ripple in the ongoing SEC lawsuit. Ben Armstrong, widely known as BitBoy, is no longer confident that Ripple will win in the multi-year legal battle with the US SEC. According to BitBoy, it is no longer guaranteed that Judge Analisa […]
The post BitBoy Says It’s No Longer Guaranteed that Ripple Will Win SEC Lawsuit first appeared on The Crypto Basic.
China may have banned crypto, but it is looking to incorporate it in new ways.
Brian Armstrong said that any tech development should not be halted based on the fears of a few.
Brian Armstrong, Coinbase CEO, announced he would hire 1,000 Americans in 2025, citing regulatory changes under President Trump as an inspiration for the move.
Coinbase, the leading US-based crypto exchange, has seen a surge in its market share following the introduction of several spot Bitcoin exchange-traded funds (ETFs) in January. In response, analysts at Goldman Sachs have upgraded their rating on Coinbase shares from selling to neutral and adjusted their price target to $282. Coinbase shares The bank analysts […]
The post Goldman Sachs upgrades Coinbase rating amid crypto surge and market dominance boost appeared first on CryptoSlate.
The long list of primary elections Tuesday across 15 U.S. states will steer the fates of many seats in Congress and further solidifies the presidential showdown later this year, but Coinbase CEO Brian Armstrong said it’s also a “chance to send a message” to federal politicians who’ve declined to come up with crypto policies.Source: CoinDesk
The post Crypto Seeks to Make Mark on U.S. Elections During ‘Super Tuesday’ appeared first on Crypto Breaking News.
Brian Armstrong, CEO of Coinbase, feels that in building its crypto strategic reserve, the United States should concentrate on Bitcoin. Compared to gold, he says it is the best option. Moreover, he thinks it would simplify things and reduce the risks involved with possessing different kinds of cryptocurrency. Related Reading: XRP Sky-High Target: Analyst Predicts $385 Heres The Case Bitcoin As The Strongest Choice Armstrong said that the long-term reserve that is most safe is Bitcoin. Unlike other cryptocurrencies, Bitcoin is generally considered as a reliable store of value with strong fundamentals and stability. He pointed out that Bitcoin is the most established digital asset according to governments and big financial institutions. His declaration comes as the US prepares to establish a crypto strategic reserve. The reserve, which might comprise of Bitcoin, Ethereum, Solana, Cardano, and XRP, aims to boost the country’s position in the cryptocurrency market. United States President Donald Trump’s latest declaration regarding the reserve has sparked discussions over which other assets should be included. Excited to learn more. Still forming an opinion on asset allocation, but my current thinking is: 1. Just Bitcoin would probably be the best option – simplest, and clear story as successor to gold 2. If folks wanted more variety, you could do a market cap weighted index of crypto https://t.co/jv8Gcn8N2S Brian Armstrong (@brian_armstrong) March 3, 2025 Alternative Approach Based On Market Share While Armstrong supports a Bitcoin-only reserve, he also offers another option. He believes the US might establish a reserve based on market capitalization. This would imply holding different cryptocurrencies in proportion to their market share. For example, if Bitcoin accounts for 50% of the market and Ethereum for 20%, the reserve would reflect this split. This approach would contain a variety of assets while still mainly favoring Bitcoin. It would also adapt over time as market dynamics change. Government Plans Still Unclear The US government has not made a final decision on the reserve’s structure. Officials have not verified whether Bitcoin will be the sole asset or a combination of cryptocurrencies. The debate continues, with differing views on the appropriate strategy. Some people say that a diversified reserve is safer because it spreads risk across more than one commodity. Some people agree with Armstrong and say that Bitcoin by itself would be a safer and more reliable choice. The final decision could affect how the US government deals with cryptocurrency in the coming years. Related Reading: Solana Jumps 9% As Whales Quietly Accumulate MillionsDetails Bitcoin’s Growing Role In National Reserves The concept of Bitcoin as a reserve asset is gaining popularity internationally. Some countries, including El Salvador, have already added the top crypto to their national reserves. If the United States takes a similar approach, it may affect how other countries treat digital assets. Armstrong’s stance reflects a broader shift in how governments and organizations regard Bitcoin. Despite the ongoing discussion, Bitcoin’s status as the dominant digital asset remains solid. Featured image from Gemini Imagen, chart from TradingView
Crypto influencer Ben “Bitboy” Armstrong was apprehended in the state of Florida following a heated altercation with local authorities. The incident, which occurred on Thursday evening, gained traction on social media platforms as users expressed shock and concern over Armstrong’s unexpected run-in with law enforcement. Armstrong, known for his popular YouTube channel and active presence [...]
The post Crypto YouTuber Ben Bitboy Armstrong Arrested in Florida: What Happened? appeared first on Crypto Breaking News.
BitBoy Crypto reiterates support for XRP. In a tweet yesterday, prominent cryptocurrency YouTuber Ben Armstrong (popularly called BitBoy Crypto) says he will appear on the Donald Trump Jr. Rumble show. According to Armstrong, his appearance on the Rumble show is scheduled to take place by next week. “Big things [are] happening! Be on the lookout […]
The post BitBoy Says He’s Always Represented XRP Army: Details first appeared on The Crypto Basic.
Coinbase Global and the US Securities and Exchange Commission have been at loggerheads for some time, and on Friday, Coinbase CEO Brian Armstrong released a video message calling the SEC’s warning “not constructive” and “not good for America.” The friction between Coinbase and the SEC is part of a bigger attempt by the US government to regulate the cryptocurrency sector. SEC Chair Gary Gensler has called for cryptocurrency exchanges to register with the agency, which is the source of the animosity between Coinbase and the SEC. This warning was issued by Armstrong in response to a Wells Notice that was delivered to Coinbase a month ago. The Wells Notice stated that the staff of the SEC had formed a “preliminary determination” to suggest an enforcement action for Coinbase for violating federal securities laws. Coinbase CEO Opens Up On SEC’s Hardline Crypto Stance In response to the Wells notice, Coinbase, the largest cryptocurrency exchange in the United States by volume, filed a letter to the SEC arguing that the regulator’s staff’s legal arguments are “flawed and untested” and that an enforcement action “would present major programmatic risks to the commission.” While Armstrong made it clear in his video that he was ready to take on the SEC in court, Coinbase’s written response to the SEC claimed that the agency’s threat of litigation “appears intended to pressure” the organization into agreeing with the SEC’s position that all cryptoassets on the Coinbase platform are securities. Coinbase Lawyer Says They’re Ready To Cooperate With SEC Also featured in the video was Coinbase’s chief legal officer, who indicated the company was ready to visit the SEC at any time to create a feasible future for the cryptocurrency industry in the United States. In the 14 days since 2023 rolled in, the SEC has taken action against crypto entities and individuals with 14 separate orders of enforcement. Crypto staking schemes offered by other exchanges including Bittrex and Kraken have also been accused of offering the sale of unregistered securities. Coinbase has responded by saying it will oppose any regulation of its own staking scheme, which is distinct from Kraken’s. Despite claims from the SEC staff that Coinbase’s staking services constitute investment contracts, Coinbase maintains that it does not list, clear, or affect trading in securities through its platform. BTCUSD halfway through the $30K mark, currently trading at $29,485 on the daily chart at TradingView.com Related Reading: Binance CEO Denies As ‘Wrong’ His Inclusion In Bloomberg’s Wealthiest People List The Elusive Middle Ground Meanwhile, even while Coinbase’s share price is still down 82% from its IPO in April 2021, it was up more than 53% since the beginning of January. Regulatory bodies and industry participants alike are struggling to find a middle ground between fostering innovation and ensuring the safety of the cryptocurrency market, and the ongoing conflict between Coinbase and the SEC is a microcosm of this broader fight. While the final resolution of this issue is still up in the air, it highlights the importance of maintaining open lines of communication and working together among all necessary parties to promote the success of the crypto business in accordance with applicable laws and regulations. -Featured image from Coinpedia
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