Coinbase CEO Brian Armstrong still sees Bitcoin reaching $400,000 by 2030, describing the ambitious target as “reasonable” despite BTC trading at roughly $76,700 today. Speaking on CNBC’s Squawk Box Asia on Thursday, Armstrong reiterated his long-term bullish outlook, highlighting the enormous upside still ahead for the world’s largest cryptocurrency. Coinbase CEO Doubles Down on Bitcoin’s $400K Future Armstrong pointed to Bitcoin’s widely followed four-year cycle, which typically sees the cryptocurrency surge into a period of euphoria before entering a prolonged downturn. According to the Coinbase CEO, Bitcoin has now passed the one-year mark of its latest correction, suggesting the worst of the cycle may already be behind it. “I personally believe that the bottom is in on Bitcoin in this most recent cycle,” Armstrong said, pointing to the cryptocurrency’s rebound from around $60,000. Asked whether he still sees Bitcoin reaching $400,000 by 2030 despite the cryptocurrency currently trading below $77,000, Armstrong remained confident. He reaffirmed that the six-figure target is achievable, describing $400,000 as a reasonable price for the alpha crypto in just over three years. The Next Year or Two Are Going to Be Good for BTC Armstrong also pointed to Bitcoin’s historical tendency to rally ahead of its halving events, with the next one expected in roughly 18 months. “I think the next year or two is going to be good for Bitcoin,” he said, adding to his bullish outlook for BTC. The next quadrennial Bitcoin halving event is currently projected for mid-April 2028, when the network reaches block height 1,050,000. Meanwhile, Armstrong was equally upbeat about the regulatory outlook in Washington. With the Senate scheduled to vote on the CLARITY Act on September 15, he said conversations with lawmakers have left him confident the bill is on track to secure approval. He added that law enforcement groups, major banks, and crypto firms are broadly supportive, while concerns previously raised by Coinbase have since been addressed. Armstrong argued that Bitcoin could gain regulatory clarity regardless of how the Senate vote plays out. If the CLARITY Act passes, he said the industry would finally have legislation in place. But even if lawmakers reject or delay the bill, Armstrong believes the SEC and CFTC are prepared to move forward with their own rulemaking, potentially delivering clearer crypto regulations shortly after the September 15 vote.

Is rising Social Volume tracking genuine demand or broadcasting a rally traders already chased?

Could XRP one day dethrone Bitcoin ? Former Ripple CTO David Schwartz has entertained the possibility, fueling one of the community’s boldest long-term bets. Speaking on X Spaces, Schwartz suggested XRP could surge sooner if the XRP Ledger continues gaining traction and adoption. However, he pointed to one major catch that could determine whether the bullish scenario actually plays out. Schwartz Sees XRP Dethroning Bitcoin During the X Spaces discussion , Schwartz was asked whether he believes XRP could eventually overtake Bitcoin. He acknowledged the possibility, but clarified that it wouldn’t necessarily happen because of a decline in Bitcoin’s value. “I think it wouldn’t happen from Bitcoin shrinking. It would happen from XRP growing faster than Bitcoin,” Schwartz explained. Angie asked "David in your humble opinion, do you believe XRP could actually flip Bitcoin?" pic.twitter.com/InhjVrM6Gv — Vet (@Vet_X0) September 9, 2026 He expects the digital asset market to expand significantly in the years ahead, creating a scenario where major cryptocurrencies could all rise in value instead of competing for market share. According to Schwartz, the XRP Ledger could emerge as a major beneficiary of crypto’s future growth, citing its speed and broader functionality as key advantages over Bitcoin. “The XRP Ledger gets more of that growth because of its higher functionality and/or higher speed,” he said. Schwartz added that users could gravitate toward features “that Bitcoin can’t support.” He went even further, expressing strong confidence in XRP’s potential upside. “I honestly have to say, I think XRP surging is probably more likely than not,” Schwartz opined. XRP Once Surpassed Ethereum — Could BTC Be Next? Ripple-linked XRP has already shown that it can challenge the biggest names in crypto. During the explosive rally of late 2017 and early 2018, the token rocketed into second place by market capitalization, emerging as Bitcoin’s closest major rival. That period also saw XRP pull off one of its most remarkable market-cap breakthroughs. In late December 2017, XRP’s market capitalization climbed to roughly $87 billion, pushing it past Ethereum’s approximately $72 billion valuation and briefly making XRP the world’s second-largest cryptocurrency. The token remained ahead of Ethereum as the year ended. The gap with Bitcoin, however, remains dramatically wider today. XRP currently trades at around $1.36, giving it a market capitalization of approximately $85.65 billion. Bitcoin, meanwhile, trades near $77,374, with a market capitalization of roughly $1.55 trillion, as per CoinGecko data. At these levels, BTC’s market capitalization is about 18.1 times larger than that of XRP. While XRP still faces a massive gap, its history shows that the token has previously made extraordinary leaps up the crypto market-cap rankings.

Binance’s Bitcoin (BTC) reserves have climbed sharply in recent months, reaching a two-year high and raising questions about whether some of the coins could eventually add selling pressure to the market. In a detailed tweet Thursday, CryptoQuant analyst Darkfost said Binance now holds more than 693,000 BTC, accounting for roughly 30% of the Bitcoin reserves held by major cryptocurrency exchanges. The exchange’s holdings have increased by about 77,000 BTC since late April. The rise comes as investors have moved more Bitcoin onto Binance, the analyst said, with the exchange’s deep liquidity making it a major destination for large market flows. “Binance’s BTC reserves have just hit a new record, reaching their highest level in two years. Today, Binance holds more than 693 000 Bitcoin, representing roughly 30% of all Bitcoin held in the reserves of major exchanges,” Darkfost wrote. “ Between late April and today alone, Binance’s BTC reserves grew by 77 000 Bitcoin, a far-from-negligible increase over such a short period.” According to the analyst, part of the increase could be linked to traders moving Bitcoin to exchanges during market rallies to sell. However, he also pointed to other possible factors, including Binance’s Secure Asset Fund for Users (SAFU), which involved plans to acquire additional Bitcoin. Notably, security concerns may have contributed to exchange inflows as well. Darkfost suggested some holders may have moved assets to third-party platforms following the ColdCard incident. Binance’s reserves rose as Bitcoin faces a key resistance area. Glassnode analysts identified the $83,000 to $86,000 region as an important barrier, with approximately 1.07 million BTC purchased by long-term holders in that range. As per the firm, a sustained move back into those levels could give some investors an opportunity to exit around their break-even prices, potentially creating additional supply. US spot Bitcoin ETFs also have estimated break-even levels around $86,000. However, the data does not indicate that long-term holders are preparing for widespread selling. Glassnode indicated that long-term investors accounted for 47% of realized profits, down from 88% at the August peak. Liquidity is another factor investors are watching. Darkfost said Binance’s stablecoin reserves, which previously exceeded $50 billion, have declined by almost $7 billion. Although reserves recovered by $1.6 billion over the past month, the three-month change remained negative. US spot Bitcoin ETFs also recorded combined outflows of $166.8 million across September 8 and September 9, adding to questions about the strength of fresh demand. The analyst said a decisive move above $80,000 could help restore liquidity and improve the market’s momentum. “A confident breakout of $80,000 should be the key to a full and sustainable return of liquidity,” he added. That said, Binance’s growing Bitcoin balance sends mixed signals. The reserves show substantial coins sitting on a highly liquid exchange, but their presence alone does not confirm that holders intend to sell. At press time, Bitcoin was trading at $76,992, down 1.4% over 24 hours.