Coinbase cofounder and CEO Brian Armstrong has laughed off claims that he is not bullish on the company after it was revealed that he has been selling the company’s stock via his 10b5-1 plan without making any purchases. The controversy emerged after Armstrong responded to a post by Nick Prince, product lead at Base. The
In an interview with The New York Times, US President Donald Trump said that the Federal Reserve has made its decision regarding the next chairman but has not yet revealed the candidate’s name. Trump stated, “I have a decision in mind, but I haven’t spoken to anyone yet.” When President Trump was asked whether his
In the latest installment of their “Crypto Playbook” series, Fortune editors Jeff John Roberts and Leo Schwartz assess the performance of cryptocurrency markets in 2025 and share their predictions for 2026. Experts point out that the “early stage” excuse for crypto is over and that institutional adoption has reached a new level. The analysis states
Bank of America (BofA) has upgraded Coinbase (COIN) to a “buy” rating, pointing to the exchange’s growing ambitions beyond crypto trading and its increasingly diversified business model. In a research note published Thursday, BofA analyst Craig Siegenthaler highlighted Coinbase’s pivot toward becoming an “everything exchange” — a single app where users could one day trade
Polygon, an Ethereum Layer-2 blockchain designed to achieve faster transaction speeds and lower fees, is close to acquiring Coinme, one of the first U.S. bitcoin ATM kiosk providers, according to two people familiar with the matter. Polygon is looking to buy the kiosk provider for $100 million to $125 million, and is being advised by
U.S. spot XRP exchange-traded funds (ETFs) recorded their first net outflow day since listing in mid-November, ending what had been the cleanest inflow streak among major crypto funds. The funds recorded outflows of $40.8 million on Jan. 7, according to data tracked by SoSoValue. The day’s performance marked a notable shift from nearly two months
Key Takeaways Google is testing a new all time closing high after briefly reaching a record intraday price near $330. The rally has lifted Google past Apple in market value as AI progress and investor demand support shares. Alphabet, the parent company of Google, saw its shares open about 1% higher on Thursday, briefly reaching
Key Takeaways Morgan Stanley is set to introduce a digital wallet by the end of the year. The wallet will support tokenized assets, potentially including private company equities. Morgan Stanley is doubling down on digital assets as part of the company’s 2026 roadmap. According to Barron’s, the banking giant plans to launch a digital wallet
Key Takeaways Introduction of House Bill 1039 aims to establish the Florida Strategic Cryptocurrency Reserve. The reserve will be a special fund managed by the state’s Chief Financial Officer. A new bill filed in the Florida House seeks to establish a state-managed strategic crypto reserve, giving the state authority to acquire, hold, and invest in