Bitcoin Is the Dollar’s Reality Check!

Brian Armstrong argues that Bitcoin helps keep inflation and deficit spending in check.

Danielle du Toit
December 29, 2025

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Coinbase CEO Brian Armstrong argues that Bitcoin helps keep inflation and deficit spending in check.

Brian Armstrong said Bitcoin acts as a competitive check on the US dollar by offering an alternative during periods of excessive deficit spending or high inflation.
Armstrong warned that inflation consistently outpacing economic growth could eventually undermine the dollar’s reserve currency status.
He argued that Bitcoin indirectly pressures the Federal Reserve and policymakers to maintain fiscal discipline, potentially helping sustain confidence in the US financial system as national debt continues to rise.

Digital asset treasury companies face a tougher outlook for 2026 as valuations come under pressure.

Digital asset treasury (DAT) companies are facing mounting pressure heading into 2026, as falling token prices and tighter investor scrutiny weigh on valuations.
Altan Tutar, co-founder and CEO of MoreMarkets, said many DATs are struggling to justify their market capitalizations relative to the assets they hold, and warned that the sector has become overcrowded.
Tutar argued that altcoin-focused treasuries are likely to fail first, and even firms centered on major assets like Ethereum, Solana, and XRP may face challenges unless they generate consistent returns and deliver value beyond simple asset accumulation.

Indian authorities arrested a former Coinbase support agent over a major data breach that exposed close to 70,000 users.

Coinbase confirmed that Indian authorities arrested a former customer service agent in Hyderabad in connection with the exchange’s data breach.
The breach began in December of 2024, and was linked to a bribery scheme in which cybercriminals paid offshore support staff to access internal systems and steal sensitive user data, including names, contact details, and government-issued IDs.
Coinbase revealed that 69,461 users were affected and said it refused to pay a $20 million ransom demand, instead launching a matching bounty program to help identify attackers and recover assets.

Mirae Asset Group is reportedly in talks to acquire South Korean crypto exchange Korbit.

Mirae Asset Group is reportedly in talks to acquire Korbit in a deal valued between 100 billion and 140 billion won ($70 million to $100 million).
Korbit is majority owned by NXC and its subsidiary Simple Capital Futures, which together control about 60.5% of the exchange, while SK Square holds a further 31.5% stake.
Despite its regulatory standing, Korbit’s market share is small, and accounts for just $5.75 million of South Korea’s roughly $1.21 billion in total 24-hour crypto trading volume,.

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