Coinbase CEO Brian Armstrong Invites Elon Musk’s DOGE Team to Join Crypto Revolution
In a bold move to bolster its workforce with top-tier talent, Coinbase CEO Brian Armstrong has extended a public invitation to members of Elon Musk’s Department of Government Efficiency (DOGE) team. Armstrong framed the offer as a "call to service," targeting individuals passionate about driving global financial reform through cryptocurrency innovation. The announcement highlights Coinbase’s commitment to accelerating crypto adoption and streamlining hiring processes for DOGE staff, recognizing their proven expertise in the field.
Coinbase CEO Brian Armstrong Extends Hiring Invitation to Elon Musk’s DOGE Team
Brian Armstrong, CEO of Coinbase, has publicly invited members of the Department of Government Efficiency (DOGE) team—affiliated with Elon Musk—to join the cryptocurrency exchange. The offer, framed as a "call to service," targets individuals seeking to drive global financial reform through crypto innovation.
Armstrong emphasized an accelerated hiring process for Doge staff, acknowledging their "proof-of-work" experience. The recruitment push aligns with Coinbase’s mission to build a more efficient financial system. Notably, the invitation references a video shared by a conservative commentator, though specific details remain undisclosed.
Bitcoin Price Prediction: Institutional Moves Fuel $120K Speculation
Bitcoin consolidates above $103,733, testing the 23.6% Fibonacci retracement level as institutional adoption reaches unprecedented levels. Coinbase’s landmark inclusion in the S&P 500 could catalyze $16 billion in institutional inflows, according to Bernstein analysts.
Cathie Wood’s public endorsement underscores the growing symbiosis between crypto and traditional finance. The ARK Invest CEO framed Coinbase’s S&P 500 debut as a watershed moment, compelling even index-sensitive managers to engage with crypto-exposed equities.
Ethereum’s Strategic Reserve Set to Surge to 10 Million ETH by 2026
Ethereum’s strategic reserve is projected to grow to 10 million ETH by 2026, marking a staggering 1,166.3% increase from current holdings. This accumulation trend underscores growing institutional confidence in ethereum as a store of value.
The reserve, currently holding 789,705 ETH, is distributed among 23 active participants, including major institutions and governments. Leading the pack is the Ethereum Foundation with 265,343 ETH, followed by Coinbase at 137,334 ETH. Other significant holders include Golem Foundation, Gnosis DAO, and the US Government.
At current market prices, the total holdings are valued at approximately $2.1 billion. The reserve’s expansion reflects a broader shift toward institutional adoption of digital assets.
Coinbase to Launch Wrapped XRP and DOGE on Ethereum Layer-2 Base
Coinbase announced plans to introduce wrapped versions of XRP and DOGE on its Ethereum layer-2 network, Base. The exchange revealed that cbADA, cbDOGE, cbLTC, and cbXRP will join cbBTC, which already boasts a $4.47 billion market cap, as part of its wrapped asset offerings.
The launch dates remain undisclosed, with Coinbase cautioning users against scams promoting fake versions of these tokens. The exchange provided contract addresses for verification, including 0xcbADA732173e39521CDBE8bf59a6Dc85A9 for cbADA.
Strategic Ethereum Reserve Hits $2.1B Amid Growing Institutional Demand
Ethereum’s corporate treasury holdings have surged to $2.1 billion, with 789,905 ETH now held by institutions including the Ethereum Foundation, Coinbase, and government entities. The U.S. government and Michigan state treasury collectively control 63,965 ETH, while Bhutan’s royal government has begun accumulating positions.
This institutional accumulation mirrors Bitcoin’s corporate treasury boom, which previously fueled BTC’s price rallies. Market observers now question whether similar demand can propel ETH toward the psychologically significant $3,000 level.
The Strategic Ethereum Reserve leaderboard shows concentrated holdings among crypto-native organizations, suggesting long-term confidence in ETH’s utility. With SOL and BTC treasury products gaining traction, Ethereum appears positioned as the next institutional asset class in digital finance.
CoinBase Promotes Bitcoin Mining as Cryptocurrencies Gain Strategic Reserve Status in the U.S.
As cryptocurrencies emerge as a strategic reserve asset in the United States, bolstered by political endorsements, investors are increasingly exploring stable revenue streams beyond speculative trading. Cloud mining, particularly through platforms like CoinBase, is gaining traction as a reliable method for generating fixed daily returns.
CoinBase, founded in 2012 by Brian Armstrong, has solidified its position as the largest U.S.-based cryptocurrency exchange. With 108 million users and over $400 billion in assets under management, the platform now custodies 12% of the global Bitcoin supply. Its infrastructure and regulatory compliance make it a preferred gateway for institutional and retail participants alike.
