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CoinDesk Podcast Network - BREAKDOWN: Bitcoin Isn’t Acting Like Stocks, Stocks Are Acting Like Bitcoin
As the financial world debates rising Treasury yields and waits for Fed Chair Powell’s comments, has bitcoin just become another risk asset?
This episode is sponsored by Nexo.io and Casper.
Over the last year there has been a growing correlation between the stock market and bitcoin. Some of this is attributed to the new traditional participants in bitcoin. Some of it is attributed to bitcoin acting less like an uncorrelated hedge and more like just another risk asset.
In this episode, NLW argues that the notion bitcoin has started acting more like stocks is, in fact, completely backwards. Instead, in a negative, real interest rate environment, stocks have started to act more like bitcoin - as a store of value.
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Nexo.io lets you borrow against your crypto at 5.9% APR, earn up to 12% on your idle assets, and exchange instantly between 75+ market pairs with the tap of a button. Get started at nexo.io.
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Launching in mid-March, Casper is the future-proof blockchain protocol that finally address the blockchain trilemma. Learn more at Casper.Network.
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Image credit: Popular stock and bitcoin memes
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Audio Poem of the Day - The Illiterate
by William Meredith
The Commentary Magazine Podcast - Who’s Running the Biden Show?
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SCOTUScast - Republican Party of Pennsylvania v. Degraffenreid – Post-Decision SCOTUScast
Derek Muller, Professor of Law at University of Iowa’s College of Law, joins us today to discuss this cert denial and the three justices’ dissents.
CBS News Roundup - World News Roundup: 03/04
Tight security at the Capitol today amid a new threat. The House passes an election reform bill. Turning Broadway's lights back on. CBS News Correspondent Deborah Rodriguez has today's World News Roundup.
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The Intelligence from The Economist - Exit stages left: America and the Middle East
Bay Curious - Will Oysters Ever Make a Comeback in the Bay?
The Bay Area is known for great oysters, but the ones grown locally are mostly from up in Marin County. San Francisco Bay used to have a thriving population of native oysters and Bay Curious listener Joseph Fletcher wants to know if they'll ever make a comeback.
Additional Reading:
Reported by Chloe Veltman. Bay Curious is made by Katrina Schwartz, Suzie Racho and Katie McMurran. Additional support from Erika Aguilar, Jessica Placzek, Kyana Moghadam, Paul Lancour, Carly Severn, Ethan Lindsey, Vinnee Tong and Don Clyde.
Everything Everywhere Daily - David Rice Atchison: President For A Day?
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Short Wave - The Fight Over The Future Of Natural Gas
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