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Coinbase CEO predicts $1M for Bitcoin: ‘More bullish than ever...'
Coinbase (Nasdaq: COIN) CEO Brian Armstrong predicts that the price of Bitcoin will rise to $1,000,000 by 2030, and he is citing regulatory clarity, an increase in government adoption, and big demand from institutions as catalysts for its continued rise. Armstrong told Fox Business that there "are a couple of big tailwinds" such as bipartisan progress on crypto legislation, U.S. efforts to create a strategic Bitcoin reserve, and continued ETF inflows, which he thinks could supercharge adoption. He added: "There's a good chance that Bitcoin could reach $1 million per coin by 2030. Regulatory clarity, the U.S. ... (full story)
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