Coinbase News: Bitcoin Price Prediction and Strong Buying Support Highlighted
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Recent developments in the cryptocurrency market have attracted significant attention, particularly regarding Bitcoin’s price movements and predictions. A notable forecast by the CEO of Coin Bureau has sparked discussions about Bitcoin’s potential to reach new all-time highs in the future. Additionally, Coinbase’s BTC Premium Index has signaled strong buying support, further fueling the excitement around the world’s largest cryptocurrency.
Bitcoin Price Prediction for April 2025: Coin Bureau CEO Foresees Major Breakout
Bitcoin consolidates around $82,000 on Monday, on course to close the month with a mild 3% drop from the $84,400 opening. Coin Bureau CEO Nic Puckrin shares insights predicting a new BTC price all-time high in April 2025, citing historical trends and critical on-chain data trends among US investors. The Upward-sloping Coinbase BTC Premium Index signals strong buying support amid tariff concerns.
Coinbase CEO Urges Lawmakers to Enable On-chain Interest for Stablecoin Holders
Coinbase CEO Armstrong is advocating for stablecoin holders to receive a share of the interest earned from the reserve assets backing dollar-pegged stablecoins such as USDT and USDC. Currently, the issuers of these stablecoins get all the interest, but Armstrong believes technology exists to enable on-chain interest for holders. However, most issuers cannot do so because of securities laws that do not grant the same exemptions to stablecoins as checking and savings accounts.
