Hey Fakhoury:

I am going to take this kind of news from Coinbase with a BIG grain of salt.  Coinbase seems to be considerably distracted by alt coin pumping and dumping, so their non-bitcoin distracted ways of striving to make money remains questionable regarding the extent to which the actions of Coinbase is bullish about bitcoin or their distraction into supporting other projects that might really be a kind of indirect attack on bitcoin (the one that brought Coinbase to the dance in the first place).