Bitcoin News Today: Coinbase CEO Forecasts $1M Bitcoin by 2030 Amid Regulatory Clarity and ETF Growth

Coinbase CEO Brian Armstrong has projected that Bitcoin could reach $1 million per token by 2030, a forecast that underscores his confidence in the cryptocurrency’s long-term potential. Armstrong made the bold prediction on X, where he highlighted the ongoing progress in U.S. regulatory clarity, the government’s Bitcoin reserve, and a growing interest in crypto ETFs as key factors driving Bitcoin’s value [1]. This marks one of the few public price targets from the CEO of one of the leading crypto exchanges, amplifying the significance of his remarks [3].

Armstrong’s projection aligns with similar forecasts from other high-profile figures in the financial and tech sectors. Former Twitter CEO Jack Dorsey has also predicted a $1 million price for Bitcoin by 2030, while ARK Invest’s Cathie Wood has suggested a more aggressive target of $1.5 million under a “bull case” scenario [8]. Michael Saylor of MicroStrategy and author Robert Kiyosaki have also endorsed the idea, citing macroeconomic concerns and institutional adoption as key drivers [1].

According to Armstrong, several developments are strengthening the long-term outlook for Bitcoin. The emergence of regulatory clarity in the U.S., including legislative discussions on stablecoins and a market structure bill in the Senate, is viewed as a critical milestone. He also pointed to the U.S. government’s strategic Bitcoin reserve—a move once considered unlikely—as a sign of growing institutional confidence [1]. Armstrong acknowledged the risks that once surrounded Bitcoin, such as regulatory uncertainty and potential government bans, but noted that these concerns have diminished over time [1].

The CEO also highlighted the importance of institutional adoption, noting that many large funds currently allocate around 1% of their portfolios to Bitcoin. He expects this trend to accelerate as regulatory frameworks become clearer and more governments and institutions increase their exposure to the asset [1]. With the approval of crypto ETFs already bringing significant capital into the market, Armstrong believes the conditions are in place for continued growth in Bitcoin’s valuation [1].

While the $1 million price point may seem ambitious, supporters argue that Bitcoin’s limited supply, macroeconomic uncertainty, and growing institutional interest create a strong case for a seven-figure valuation. The cryptocurrency has historically been volatile, setting new highs before experiencing sharp corrections, but its resilience has fueled optimism among long-term investors [1]. As regulatory clarity improves and more financial institutions explore Bitcoin as a reserve asset, the idea of a million-dollar Bitcoin is no longer considered fringe speculation [1].