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Coinbase CEO: Cryptocurrency Drives Property Rights and Sound Monetary System, But Still Requires Institutional Reform

2025-12-14 15:47

BlockBeats News, December 14th, Coinbase CEO Brian Armstrong stated, "Cryptocurrency helps create property rights for everyone, a sound monetary system, and free trade. However, it is not a panacea and still needs institutional reforms such as regulation and anti-corruption efforts."

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On-Chain Activity

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Whale "pension-usdt.eth" liquidated a BTC short position and opened a long position, reaching a position size of $32.11 million

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The new address has opened a 2x short position for 5000 ZEC, with an entry price of $400 and a liquidation price of $615.37.

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An address triple-shorted 14,000 ZEC, with an entry price of $410.20 and a liquidation price of $810.37.

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