Coinbase CEO Speculates Bitcoin Could Reach $400,000 Under Certain Condition

cryptonews.ruPubblicato 2026-08-21Pubblicato ultima volta 2026-08-21

Introduzione

Coinbase CEO Brian Armstrong predicts that Bitcoin could reach between $300,000 and $400,000 within the next few years. He stated this would require a growth of approximately 317% to 456% from current levels, significantly increasing Bitcoin's market capitalization. Armstrong attributes Bitcoin's recent prolonged decline to the stalled progress of the U.S. digital asset regulation bill, CLARITY. He hopes for a bipartisan compromise when the Senate votes on September 15, securing the needed 60 votes for passage. Armstrong believes most banks now see CLARITY not as a threat but as a framework allowing fair competition with crypto companies, addressing earlier concerns that it might lead to mass withdrawals from savings accounts into stablecoins. His comments follow a recent White House meeting where former President Donald Trump urged Congress to pass CLARITY, attended by key crypto industry figures and regulators. Earlier this year, Armstrong also speculated Bitcoin could hit $1 million in four years due to increased institutional investment.

The leading cryptocurrency could grow to $300,000 or even $400,000 within four years, Armstrong suggested in an interview with Fox Business. The speaker envisioned that Bitcoin would find it easier to compete for capital with gold and other stores of value.

However, to reach $300,000, Bitcoin would need to grow approximately 317%, and to $400,000 — approximately 456%. This implies a significant increase in Bitcoin's market capitalization — currently standing at $1.5 trillion, noted the head of the largest U.S. cryptocurrency exchange.

Armstrong is convinced that Bitcoin's prolonged decline is linked to the stalled review of the U.S. digital asset regulation bill, CLARITY. The crypto exchange's top manager hopes that in the upcoming Senate vote on September 15th, Republicans and Democrats will find a compromise and the bill will receive the necessary more than 60 votes.

The Coinbase CEO is convinced that most banks understand that CLARITY would not pose a threat to them but would instead allow them to freely compete with crypto companies. Bankers feared that, with the ability to earn high rewards for holding stablecoins, clients would massively close their savings accounts and buy tokens. This became one of the reasons why the CLARITY review stalled.

JUST IN: Coinbase CEO Brian Armstrong tells FOX Business: "I think over the next couple of years, say 2030, I think it's very likely we'll see a $300,000 and $400,000 Bitcoin" pic.twitter.com/5Yn4YzShUR
— Bitcoin Magazine (@BitcoinMagazine) August 20, 2026

Armstrong's comments came after a recent meeting at the White House where President Donald Trump met with participants from the crypto industry, including Gemini exchange founders the Winklevoss twins and Ripple CEO Brad Garlinghaus. Attendees of the event included the Chairman of the U.S. Securities and Exchange Commission (SEC) Paul Atkins and the Chairman of the U.S. Commodity Futures Trading Commission (CFTC) Michael Selig. During the meeting, Trump urged Congress to pass CLARITY as soon as possible.

In January, the Coinbase CEO suggested that Bitcoin could reach $1 million within four years — thanks to growing investments from large investors in cryptocurrency.

end-content

Domande pertinenti

QWhat condition did the Coinbase CEO suggest could drive Bitcoin's price to $400,000?

AHe believes Bitcoin's path to such high prices is linked to the passage of the CLARITY Act, which would provide regulatory clarity and potentially allow Bitcoin to better compete with assets like gold.

QAccording to the article, by approximately what percentage must Bitcoin increase to reach $300,000 and $400,000 respectively?

ABitcoin would need to increase by approximately 317% to reach $300,000 and by approximately 456% to reach $400,000.

QWhat specific U.S. regulatory bill is mentioned as a key factor influencing Bitcoin's price in the article?

AThe U.S. regulatory bill mentioned is the CLARITY Act.

QWhy did some banks initially oppose the CLARITY Act, as per the article?

ASome banks feared that if clients could earn high rewards for holding stablecoins, they would massively close their savings accounts to buy tokens, posing a threat to traditional banking.

QWho did President Donald Trump meet with to discuss cryptocurrency regulation, and what was his call to action?

APresident Trump met with industry participants like the Winklevoss twins (Gemini) and Ripple's CEO Brad Garlinghouse, along with regulators from the SEC and CFTC. He urged Congress to pass the CLARITY Act quickly.

Letture associate

After 'Bessent Put', How Far Is the U.S. from Restarting QE?

Following an unscheduled announcement from the U.S. Treasury Department on August 19th, investor discussions have intensified regarding the potential for future policy interventions in long-term bond markets. The Treasury increased the maximum size of its regular buyback operations for 10-to-30 year bonds from $2 billion to $4 billion, citing a desire to improve liquidity. This move came shortly after a surge in long-term yields, with the 30-year Treasury yield briefly touching 5.34%. Market analysts, rather than focusing on the modest operational size, have interpreted the timing—outside the normal quarterly communication window—as a significant signal. The move has been dubbed the "Bessent Put," implying the market's growing expectation that Treasury officials, led by Deputy Secretary Josh Bessent, may act to prevent a disorderly rise in long-term borrowing costs. This perception represents a potential shift in the market's view of the government's "policy reaction function." The underlying pressures on long-term bonds are multifaceted, including large fiscal deficits, increased Treasury supply, a rise in corporate debt issuance for AI infrastructure (creating a "crowding out" effect), and uncertainty around foreign holdings, particularly from Japan. Geopolitical risks in the Middle East further complicate the policy landscape, potentially creating conflicting pressures between fighting inflation and managing financing costs. However, the article clarifies that this Treasury buyback program is distinct from Quantitative Easing (QE). It is a debt management operation, not a Federal Reserve balance sheet expansion. While the announcement opens the door for market speculation about more forceful tools like Yield Curve Control (YCC) or a return to QE, analysts note that conditions would need to deteriorate significantly for such measures to be implemented. For now, the "Bessent Put" reflects a change in market expectations about possible policy boundaries, not an imminent launch of new monetary stimulus.

marsbitAdesso

After 'Bessent Put', How Far Is the U.S. from Restarting QE?

marsbitAdesso

Is Stablecoin Really Necessary for Cross-border Payments?

"Is Stablecoin Truly Necessary for Cross-Border Payments? While stablecoins are often praised as superior for cross-border transfers—especially if the recipient desires crypto—their advantage is less clear in traditional cross-currency scenarios (e.g., USD to Mexican Peso). The existing correspondent banking system is slow and costly (≈15% fees) due to multiple intermediaries. Modern fintech solutions like Wise have dramatically improved this by using a netting model: they hold local currency pools and settle payments domestically, avoiding actual cross-border fund movement. This offers near-instant transfers with low, transparent fees (averaging ~0.52%). The 'stablecoin sandwich' model (convert fiat to stablecoin, transfer on-chain, convert to local fiat) offers similar user experience but doesn't inherently provide major cost or speed advantages over fintech. Its on-chain transfer is cheap, but fiat conversion spreads remain. Stablecoin's real innovation is 'unbundling' the cross-border payment stack. Instead of requiring a proprietary global network like Wise, businesses only need reliable on- and off-ramps in specific corridors. This lowers market entry barriers, fosters competition among local providers, and can drive down costs, particularly for niche or underserved corridors (e.g., US to Africa). While vertical integration may reoccur, the open, permissionless nature of the underlying blockchain layer makes monopolistic pricing difficult. The long-term benefit is the potential redistribution of value—previously captured as intermediary rents—to consumers through lower costs."

marsbit4 min fa

Is Stablecoin Really Necessary for Cross-border Payments?

marsbit4 min fa

Ethereum Finally 'Bounces Back'! ETH Returns to the Golden Line, What's Different About This Rally?

Ethereum has surged above $2,300, a level not seen in over three months, marking a significant recovery and technical breakthrough by reclaiming key resistance levels, including the weekly EMA50 for the first time in the current bear market. The rally has been fueled by a combination of factors: improved market risk appetite, positive regulatory sentiment, and a major short squeeze where over 88% of recent ETH liquidations were short positions. The ETH/BTC ratio has also broken its long-term downtrend, indicating renewed strength for Ethereum relative to Bitcoin. Fundamentally, Ethereum spot ETFs have shown strong inflows, outperforming their Bitcoin counterparts in recent months. Wall Street institutions like Morgan Stanley and JPMorgan have notably increased their ETH exposure, while several banks have added or expanded positions in ETH ETFs. On-chain fundamentals remain robust, with the proportion of staked ETH reaching a new all-time high of nearly 33.7%. Data indicates long-term holding sentiment, as small wallet holdings increased while large outflows were often directed towards staking or contracts, not selling. However, potential headwinds include declining staking yields and community debate over proposals to adjust staking rewards at high participation levels. The upcoming Glamsterdam upgrade, featuring improvements to validator exit efficiency, could enhance liquidity and further attract institutional stakers. While the rebound is supported by sentiment, capital flows, and fundamentals, its sustainability hinges on continued positive developments.

marsbit5 min fa

Ethereum Finally 'Bounces Back'! ETH Returns to the Golden Line, What's Different About This Rally?

marsbit5 min fa

A 25% Weekly Surge: Bitcoin Breaches $79,000 Amid Mass Short Liquidations

Bitcoin surged above $79,000 on August 21, marking a 25% weekly gain. The rally was fueled by massive short liquidations exceeding $1.2 billion in 24 hours, catching many bearish traders off guard. Analysts are monitoring key levels. The $70,000 zone is seen as crucial for maintaining the bullish trend, while $73,000-$74,000 is a significant resistance area. Breaking and holding above this zone could pave the way for moves toward $83,000. Several traders, including Crypto Candy and Roman, noted the rapid achievement of earlier targets ($70,700 and $75,000) and acknowledge the possibility of a short-term pullback, but the overall structure remains bullish. Daan Crypto Trades emphasized the importance of Bitcoin closing the weekly candle above the 200-period Exponential Moving Average (EMA) around the $73k-$74k range for increased confidence in a move toward May's highs. From a data perspective, comparisons are drawn to similar short-squeeze events in the past, like August of the previous year and summer 2021, where sharp rallies preceded significant corrections. Some analysis suggests such derivative-driven spikes may not always reflect genuine spot market demand, raising the question of whether the momentum will sustain or if a retest of the $73,000-$74,000 support is imminent.

cryptonews.ru29 min fa

A 25% Weekly Surge: Bitcoin Breaches $79,000 Amid Mass Short Liquidations

cryptonews.ru29 min fa

Strategy's Reserve Turns a $1 Billion Profit Due to Bitcoin Price Increase

Strategy's bitcoin reserve, held by Michael Saylor's company, has moved into profit due to a surge in the cryptocurrency's price. The firm's unrealized gains now exceed $1 billion. On August 21, Bitcoin's price soared above $76,000 for the first time since late May, marking a 21% weekly increase. Strategy holds 840,447 BTC with an average purchase price of $75,385, representing a total investment of $63.36 billion since 2020. At a current price of approximately $76,700, the value of the reserve has reached $64.46 billion, exceeding its cost by about $1.1 billion. This marks a sharp turnaround from less than a month prior, when the company reported a Q2 loss of $8.2 billion, almost entirely driven by unrealized losses from bitcoin, which was valued around $60,000 at the end of June. To maintain financial stability, Strategy had resorted to selling some bitcoin and bolstering its US dollar reserves. However, CEO Fong Le stated in early August that the company plans to resume its bitcoin accumulation strategy later this year.

cryptonews.ru41 min fa

Strategy's Reserve Turns a $1 Billion Profit Due to Bitcoin Price Increase

cryptonews.ru41 min fa

Trading

Spot