Bitcoin To $1.3 Million? Coinbase CEO Brian Armstrong Urges: ‘Own A Crypto Wallet’

Coinbase (NASDAQ:COIN) CEO Brian Armstrong says AI agents will increasingly transact using crypto wallets, while Bitwise Chief Investment Officer Matt Hougan argues institutional adoption could push Bitcoin (CRYPTO: BTC) toward $1.3 million over time.

‘Own A Crypto Wallet’

Armstrong said Monday autonomous AI systems may soon execute more financial transactions than humans. “They can’t open a bank account, but they can own a crypto wallet,” he said.

These systems, including trading bots, automated services and machine-to-machine payment networks, could handle tasks such as purchasing data, paying for computing resources or executing financial trades without direct human input.

However,…

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Coinbase Launches Regulated Bitcoin And Crypto Futures Across Europe

Coinbase has rolled out futures contracts to traders in 26 European countries, including Germany, France, and the Netherlands, marking the first time the exchange has offered derivatives directly to users in the region. 

The products are available through Coinbase Advanced, the company’s high-performance trading interface, and are offered by its MiFID-registered European entity, ensuring compliance with EU financial regulations, the company said. 

European traders have historically relied on unregulated offshore platforms for crypto derivatives, navigating regulatory gaps and exposure to operational risks. 

Coinbase’s launch provides a regulated alternative, offering…

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Nasdaq And Kraken Team Up To Offer Tokenized Stocks

Payward, the parent company of cryptocurrency exchange Kraken, has partnered with Nasdaq to build a gateway connecting traditional stock markets with blockchain networks.

The project will use Payward’s xStocks platform to move tokenized equities between regulated institutional markets and permissionless decentralized finance (DeFi) networks in regions where the service is approved, Kraken said. 

In short, tokenization turns financial assets, like stocks, bonds, or funds, into digital tokens that can operate on blockchain networks.

For equities, tokenization allows shares to maintain their usual rights, including voting and dividends, while also being traded on digital…

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Public Bitcoin Miners Are Dumping Bitcoin For AI, A Historic Mistake

There is no doubt about it, this is the age of AI. Corporations are cutting their workforces in half to invest cash flow into hardware, while the stock market remains near all-time highs, mostly thanks to FAANG. OpenClaw, a self-hosted AI agent, has more stars on GitHub than Linux and React, while even Jack Dorsey is taking harsh measures to restructure Block in the face of digital, artificial intelligence. But how much of this AI wave is hype, and how many of the companies that build its infrastructure will actually capture the profits? 

Public Bitcoin miners in the United States have made their choice, a variety of them committing capital to building out AI datacenters, and some…

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Bitcoin Price Teeters Near $69,000 Despite Market Volatility

Bitcoin price traded near $69,000 on Monday, stabilizing after last week’s brief rally and then sell-off into the weekend. The cryptocurrency has remained resilient even as traditional equities and oil markets experience sharp swings.

Bitcoin price remains confined to the $62,500–$72,000 range following February’s sharp decline, with repeated attempts to break above $72,000 failing, according to Bitfinex analysts. 

A high of $74,047 on March 4 marked a brief breakout for the bitcoin price, but momentum could not be sustained, and the move was quickly reversed. The March 6 spike in negative realized profits of around $900 million shows that many investors exited positions…

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Tom Lee Predicts Ethereum To Bottom This Week As BitMine Buys 60,976 ETH – BitMine Immersion (AMEX:BMNR)

BitMine Immersion Technologies (NYSE:BMNR) purchased 60,976 Ethereum (CRYPTO: ETH) previous week and forecasts ETH to bottom between March 8-14.

The 61,000 ETH Purchase

BitMine acquisition exceeds the recent weekly average of 45,000-50,000, with total holdings reaching 4,534,563 ETH at $1,965 per ETH.

The company now owns 3.76% of the ETH supply, over 75% of the way to the “Alchemy of 5%” target in just eight months.

Total crypto and cash holdings reached $10.3 billion, including 4.5 million ETH, $1.2 billion in cash, 195 Bitcoin (CRYPTO: BTC), $200 million stake in Beast Industries, and $14 million stake in Eightco Holdings.

BitMine has 3,040,483 staked ETH representing $6.0 billion at…

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Less Than 1 Million Coins Left

Bitcoin has just crossed a major milestone: more than 20 million of its 21 million coins have now been mined. That means over 95% of the cryptocurrency’s total supply is out in the world, leaving less than one million coins yet to be created.

But don’t expect them to appear anytime soon — the last fractions of Bitcoin, called satoshis, are projected to be mined around the year 2140.

Bitcoin’s supply is built into its code, making it very different from traditional money like dollars or euros. When Satoshi Nakamoto launched the network in 2009, the system was designed to release coins gradually. 

Miners earn new bitcoins as rewards for validating transactions and adding them to…

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Tokenized, NVDA And TSLA On Nasdaq? Coming 2027 In Partnership With Kraken: Report – Nasdaq (NASDAQ:NDAQ)

Nasdaq Inc (NASDAQ:NDAQ) plans to introduce tokenized versions of stocks and ETFs by early 2027 through a partnership with Kraken, signaling growing institutional adoption of blockchain infrastructure.

Tokenized Shares Alongside Traditional Equities

Nasdaq announced a partnership with crypto exchange Kraken to develop a framework for trading tokenized stocks and exchange-traded products, the Wall Street Journal reported on Monday.

Under the proposal, each token would represent one-to-one ownership of an underlying share, giving holders the same governance rights as traditional investors, including voting and dividend payments.

Kraken would act as a distribution partner, offering tokenized…

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Bitcoin Taps $69,000, Shakes Off Oil Price Surge Beyond $100

Bitcoin (CRYPTO: BTC) tapped $69,000 on Monday morning after oil retraced back below $110, following the G7 and IEA’s announcement about the largest coordinated strategic oil reserve release in history.

The Historic Oil Intervention

The G7 and International Energy Agency announced the release of 400 million barrels of oil from strategic reserves, representing nearly 30% of the IEA’s total 1.2 billion barrel stockpile.

The emergency meeting was called to combat a severe supply shock following escalation of the Iran crisis.

Oil prices plunged 11% in one hour after the announcement.

The intervention targets oil prices that surged above $100 a barrel amid conflict involving Iran, the United…

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U.S. Treasury Recognizes Legitimate Uses For Crypto Mixers

The U.S. Treasury Department told Congress that bitcoin or crypto mixers can serve legitimate financial privacy purposes, signaling a shift in the government’s approach to blockchain privacy tools. 

The 32-page report, submitted under the GENIUS Act, also proposes new legislative tools to combat illicit finance, including a “hold law” that would give financial institutions temporary safe harbor to freeze suspicious digital assets.

The report acknowledges that lawful users may employ mixers to protect sensitive information on personal wealth, business payments, or charitable donations.

This represents a recalibration from Treasury’s earlier stance, which included sanctioning…

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