With Ethereum Merge Approaching, Coinbase is Betting Big on Ethereum
In spite of a drop in bitcoin prices on the one hand and less revenue from user transactions on the other, Coinbase CEO Brian Armstrong said the company isn’t worried about turning a profit. It emphasizes staking. — Coinbase CEO Brian Armstrong stated that the company isn’t concerned about making a profit in the face of a decline in bitcoin values on the one hand, and less money from user transactions on the other. It concentrates on staking.