Coinbase CEO Brian Armstrong Praises Bitcoin as the Ultimate Monetary Innovation
In a recent statement, Coinbase CEO Brian Armstrong hailed Bitcoin as "probably the best form of money ever created," sparking renewed discussions about its role in the financial ecosystem. This endorsement comes amid a resurgence in institutional interest, with Bitcoin's market capitalization once again surpassing the $1 trillion mark. Armstrong's comments have drawn significant attention, highlighting the growing confidence in Bitcoin's long-term value proposition.
Coinbase CEO Brian Armstrong Declares Bitcoin 'Best Form of Money Ever Created'
Brian Armstrong, CEO of Coinbase, has reignited the debate on Bitcoin's monetary supremacy with a bold proclamation. "Bitcoin is probably the best form of money ever created," Armstrong stated during a recent social media appearance. This endorsement comes as institutional interest in Bitcoin resurges, with the cryptocurrency reclaiming a $1 trillion market capitalization.
The remarks have drawn both support and scrutiny across the crypto community. Armstrong's position aligns with bitcoin maximalist views while inviting fresh examination of the asset's role in global finance. The timing is notable—regulators worldwide continue grappling with cryptocurrency classification even as adoption grows.
Coinbase's leadership in the exchange sector lends weight to Armstrong's perspective. His comments arrive during a period of structural evolution for digital assets, where Bitcoin's store-of-value narrative competes with newer blockchain use cases. The statement reinforces Bitcoin's primacy amid an increasingly crowded crypto landscape.
Coinbase Expands Derivatives Offerings with Nano XRP and SOL Futures for U.S. Retail Traders
Coinbase Derivatives is set to launch nano-sized perpetual futures contracts for XRP and solana on August 18, 2025. These U.S.-style products aim to lower barriers to entry for retail traders, offering smaller contract sizes and cash-settled exposure to two major cryptocurrencies.
The nano XRP contract covers 500 tokens per unit, while the Solana equivalent mirrors its structure. Both feature five-year terms with monthly listings expiring December 2030, settling in USD. Position limits cap at 700,000 contracts per trader.
This MOVE aligns with Coinbase's strategy to democratize crypto access through regulated derivatives. The exchange continues bridging institutional-grade products to mainstream investors amid growing demand for altcoin exposure.
PayPal Rolls Out 'Pay With Crypto' for U.S. Merchants, Supporting Bitcoin, Ethereum, and Over 100 Other Digital Assets
PayPal is set to launch its 'Pay With Crypto' feature for U.S. merchants within weeks, enabling businesses to accept payments in Bitcoin (BTC), ethereum (ETH), Tether (USDT), Solana (SOL), and more than 100 other cryptocurrencies. The system automatically converts crypto into U.S. dollars or PayPal's PYUSD stablecoin upon transaction, with merchants receiving instant settlement—no direct crypto handling required.
The move targets cross-border sellers with a disruptive fee structure: a 0.99% transaction rate through mid-2026, undercutting traditional credit card processing costs by up to 90%. 'For small businesses, this isn't just convenience—it's survival,' notes a payments analyst. Integration with major wallets like Coinbase and MetaMask eliminates technical barriers, positioning PayPal as a bridge between crypto liquidity and mainstream commerce.
Base Overtakes Solana in Daily Token Creation Fueled by Zora's Content Coins
Coinbase's LAYER 2 network, Base, has eclipsed Solana in daily token creation for the first time since 2023, driven by the Zora protocol's content-to-token model. Over 100,000 tokens were minted on Base across July 27-28—outpacing Solana-based platforms like Pump.fun and LetsBonk.
The surge reflects a broader shift toward speculative trading of 'content coins,' where digital posts are tokenized. Jesse Pollak, Base's creator, frames this as a watershed moment for on-chain issuance. Yet TK Research notes 93% of Zora's activity stems from traders rather than content creators.
Shiba Inu Coin Can End July On A High Note – Key Developments To Note
Shiba Inu Coin (SHIB) witnessed a staggering 16,700% surge in burn rate on July 29, igniting speculation of an impending price rally. The memecoin's expansion onto Coinbase's Base network has further fueled bullish sentiment.
Over 602 million SHIB tokens were permanently removed from circulation in just 48 hours, according to Shibburn data. This aggressive deflationary strategy aims to enhance scarcity and long-term value. Community-driven burns now total 410.75 trillion SHIB, with 584.6 trillion remaining in circulation.
The project's integration with Base network marks a strategic expansion, coinciding with intensified burning activity. Such developments position SHIB for potential volatility as market participants assess the combined impact of reduced supply and increased accessibility.
JP Morgan, Coinbase To Enable 'Direct Bank-to-Wallet Connection' for Chase Customers
JPMorgan Chase and Coinbase have forged a partnership to integrate banking services with cryptocurrency wallets, marking a significant step in institutional crypto adoption. The collaboration will allow Chase customers to seamlessly LINK their bank accounts to Coinbase wallets, bridging traditional finance and digital assets.
The direct connection aims to provide Chase's vast customer base with familiar security and privacy standards when transacting in crypto. Coinbase users gain additional funding options, including the ability to leverage Chase credit cards for account deposits.
