#Coinbase Considers New Coin Listing#
Hot Topic Overview
Overview
Coinbase CEO Brian Armstrong recently made a number of statements at the World Economic Forum that have sparked market speculation that Coinbase may be considering listing new coins. He believes Bitcoin is a better form of money than gold and predicted that the Bitcoin price will "go into the millions, and millions of dollars," becoming the new gold standard. He also said that finance ministers from around the world are becoming "increasingly interested" in Bitcoin as a strategic reserve, and praised U.S. President Trump for being excited about Bitcoin as a strategic reserve, even "wanting to be the first Bitcoin President." These statements suggest that Coinbase is bullish on the cryptocurrency market and may be considering adding new cryptocurrencies to its trading platform.
Ace Hot Topic Analysis
Analysis
Coinbase CEO Brian Armstrong recently made a number of statements at the World Economic Forum, sparking speculation that Coinbase is considering listing new coins. He believes Bitcoin is a better form of money than gold and predicted that its price will "enter the millions and millions of dollars range". He also said that government holdings of Bitcoin are crucial for its value storage, and praised Bitcoin as the best money in the world. Armstrong further revealed that finance ministers from around the world are "increasingly interested" in Bitcoin strategic reserves and believes that US President Trump is excited about Bitcoin strategic reserves and even wants to be the "first Bitcoin president." While Coinbase's US policy head Kara Calvert said that Coinbase would remain "neutral" after Trump launches his own digital token, Armstrong's remarks undoubtedly show that Coinbase is confident about the future of cryptocurrency and may consider adding more cryptocurrencies to its trading platform.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
Bitcoin will become the new gold standard, and its price will reach millions of dollars
Governments should hold Bitcoin as a store of value
Cryptocurrencies will usher in a new era of capitalism and economic freedom
President Trump is excited about Bitcoin as a strategic reserve and wants to be the first Bitcoin president