The Breakdown artwork

$400,000 Bitcoin in 2021? The Best of Bloomberg's Latest Bullish Bitcoin Report

The Breakdown

English - April 08, 2021 01:00 - 15 minutes - ★★★★★ - 35 ratings
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Previous Episode: From Dinosaur Altcoins to the Kimchi Premium, 13 Numbers That Tell The Story of Markets Right Now
Next Episode: Is Bitcoin a Chinese Financial Weapon? Peter Thiel Ignites a Geopolitical Debate

Today on the Brief:
Coinbase’s monster Q1 numbers
150 million evaporate from the global middle class
Jamie Dimon’s shareholder letter comments on crypto
Our main discussion: Bloomberg’s latest crypto outlook is out. In this episode, NLW looks at seven aspects of the report:
Bitcoin as digital reserve asset in a low-yield world
Price support at $50,000
Price possibilities of $400,000 in 2021
Gold replacement happening more quickly than anticipated
Growth in publicly traded companies with crypto exposure 
Exchange outflows
The supremacy of USD digital currencies
-- Earn up to 12% APY on Bitcoin, Ethereum, USD, EUR, GBP, Stablecoins & more. Get started at nexo.io -- Enjoying this content? SUBSCRIBE to the Podcast Apple:  https://podcasts.apple.com/podcast/id1438693620?at=1000lSDb Spotify: https://open.spotify.com/show/538vuul1PuorUDwgkC8JWF?si=ddSvD-HST2e_E7wgxcjtfQ Google: https://podcasts.google.com/feed/aHR0cHM6Ly9ubHdjcnlwdG8ubGlic3luLmNvbS9yc3M= Follow on Twitter: NLW: https://twitter.com/nlw Breakdown: https://twitter.com/BreakdownNLW The Breakdown is produced and distributed by CoinDesk.com

Today on the Brief:

Coinbase’s monster Q1 numbers 150 million evaporate from the global middle class Jamie Dimon’s shareholder letter comments on crypto

Our main discussion: Bloomberg’s latest crypto outlook is out. In this episode, NLW looks at seven aspects of the report:

Bitcoin as digital reserve asset in a low-yield world Price support at $50,000 Price possibilities of $400,000 in 2021 Gold replacement happening more quickly than anticipated Growth in publicly traded companies with crypto exposure  Exchange outflows The supremacy of USD digital currencies -- Earn up to 12% APY on Bitcoin, Ethereum, USD, EUR, GBP, Stablecoins & more. Get started at nexo.io -- Enjoying this content? SUBSCRIBE to the Podcast Apple:  https://podcasts.apple.com/podcast/id1438693620?at=1000lSDb Spotify: https://open.spotify.com/show/538vuul1PuorUDwgkC8JWF?si=ddSvD-HST2e_E7wgxcjtfQ Google: https://podcasts.google.com/feed/aHR0cHM6Ly9ubHdjcnlwdG8ubGlic3luLmNvbS9yc3M= Follow on Twitter: NLW: https://twitter.com/nlw Breakdown: https://twitter.com/BreakdownNLW The Breakdown is produced and distributed by CoinDesk.com

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