Coinbase CEO: The business of crypto has 'never been stronger'

Group 1 - Coinbase co-founder and CEO Brian Armstrong remains optimistic about the future of cryptocurrency, stating that the foundations for crypto have never been stronger [2][4] - Bitcoin prices have recently increased by 6% to $71,364, as traders view it as a potential safe-haven asset amid geopolitical tensions [2] - Despite a rough start to the year with Bitcoin declining approximately 18% year to date, experts attribute this to seasonal weakness and a bearish momentum from previous months [3][4] Group 2 - The Clarity Act is facing delays in Congress, with calls for urgency in its passage to support the crypto industry [4] - Institutional interest in cryptocurrency remains strong, with traditional finance giants like Mastercard and Visa adopting USDC stablecoin for payment settlements [6] - Long-term holders in the crypto space, such as Michael Saylor and Anthony Scaramucci, continue to show confidence, indicating a resilient market despite volatility [5]