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Coinbase CEO: Bitcoin Benefits from the Dollar, Can Offset High Inflation and Deficit Spending

BlockBeats News, December 29th, Coinbase CEO Brian Armstrong stated that Bitcoin is beneficial to the US dollar, and Bitcoin can also serve as a counterbalance to high inflation and deficit spending.

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On-Chain Activity

27min ago

BlackRock deposits 1,241 Bitcoins and 7,547 Ethereums into Coinbase

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MRVL was officially included in the S&P 500 today. This development has led to on-chain whales accumulating positions in the pre-market session.

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Intellectual Spectrum Launches On-Chain Contract, Sees Daily Price Surge Followed by Retracement; Short-Term Bear Enters 5x Leveraged Intraday Short Position

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Since reaching its all-time high, SpaceX's market value has fallen by 21%, with large on-chain SPCX holders holding 71.7% in short positions.

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