Coinbase CEO Boldly Predicts $1M Bitcoin Price Target Amid Major Policy Tailwinds

Bitcoin's trajectory just got a nuclear-powered upgrade from one of crypto's most influential voices.

Policy Winds Shift in Crypto's Favor

Regulatory ice melts as governments worldwide finally grasp blockchain's potential. Traditional finance gatekeepers watch nervously as digital assets gain mainstream legitimacy.

The Million-Dollar Question

Market momentum builds while institutional adoption accelerates. Skeptical Wall Street analysts scramble to update their outdated models.

Banking's Last Stand?

Legacy financial systems creak under the weight of their own bureaucracy. Digital gold shines brighter as fiat currencies face inflationary pressures.

Of course, traditional finance will call this madness—right before asking how to buy the dip.

Regulatory momentum builds

Armstrong credited the Trump-era push for clearer Bitcoin regulations, including the GENIUS Act for stablecoins, and noted that bipartisan support in Congress is now fueling broader market structure legislation.

He described the momentum as unstoppable, saying:

“This freight train has left the station.”

Coinbase’s future as a bank replacement

Looking ahead, Armstrong reiterated Coinbase’s ambition to replace traditional banks by offering payments, rewards, and comprehensive financial services.

He cited Coinbase’s new credit card with 4% Bitcoin rewards as an example and commented:

“Crypto can make the financial system more modern, fair, and efficient. Our job is to keep pushing on that frontier.”

Institutional adoption and government reserves

Armstrong emphasized the growing role of institutions and governments in the Bitcoin market. U.S. spot Bitcoin ETFs continue to see inflows, while the idea of a U.S. strategic Bitcoin reserve gains traction among policymakers.

Coinbase assists high-profile users

Armstrong also shared a story about helping NBA star Kevin Durant, an early Coinbase investor, regain access to his lost Bitcoin account, underlining the platform’s role in onboarding and supporting new users.