Author: CoinDesk

From the company’s history to business model to controversy, it’s everything you need to know.

This episode is sponsored by Nexo.io.

On the day of Coinbase’s historic direct listing on NASDAQ, NLW answers your most important questions about the company and its place in the industry. 

• How did Coinbase become successful?
• What is the crypto public's perception of Coinbase?
• What is Coinbase's business model and how has that model been shifting?
• What is Coinbase's role in the recent institutional shift in bitcoin?
• Does Coinbase have any controversy in its past?
• Why did Coinbase choose a direct listing?
• What are people expecting, price wise?
• Why did BTC and ETH hit all-time highs in advance of the listing?
• How might Coinbase impact the crypto markets? 

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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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Join thousands of newsmakers and influencers talking the future of money at Consensus 2021, a live virtual experience from CoinDesk. (Use discount code "BREAKDOWN" to save $25!) 

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New CPI numbers show growing inflation, but is that the whole story? 

This episode is sponsored by Nexo.io.

There is perhaps no question more debated in macroeconomics than what sort of inflation we’re likely to see in the coming years. Many are convinced that the combination of a growing money supply, expansionary monetary policy, pent-up demand, reshoring of manufacturing and more are pointing us to a secular inflation era. Others say the forces of deflation and disinflation, like technology and demography, are too strong. 

In today’s episode, NLW looks at not only the latest Consumer Price Index numbers released today, but also recent Producer Price Index surveys, wage growth and more to try to put together a more complex, nuanced picture of the likely inflation scenarios going forward.

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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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Join thousands of newsmakers and influencers talking the future of money at Consensus 2021, a live virtual experience from CoinDesk. (Use discount code "BREAKDOWN" to save $25!) 

-

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This inflection point moment could have major implications for where markets head next

This episode is sponsored by Nexo.io.

Coinbase is set to go public via direct listing on Wednesday.

In today’s episode, NLW breaks down why this is the current bull market’s first big test, looking at:

• Mainstream narratives 
• Institutional liquidity 
• Retail participation 
• Spillover effects 
• The direction in which we head next 

What’s clear is that this bull run does not equal 2017 and will be shaped by a largely different set of forces. 

Byzantine General’s overview thread: https://twitter.com/ByzGeneral/status/1381095621017354240

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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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Join thousands of newsmakers and influencers talking the future of money at Consensus 2021, a live virtual experience from CoinDesk. (Use discount code "BREAKDOWN" to save $25!) 

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A reading of an essay from University of Wyoming philosophy professor Bradley Rettler.

This episode is sponsored by Nexo.io and this week’s special product launch, Exodus.

This week’s edition of “Long Reads Sunday” features NLW reading Bradley Rettler’s “The Rich Get Richer, the Poor Get Bitcoin.” It is an argument that, far from being just a speculative tool for the already wealthy, bitcoin represents a disruptive force that can combat wealth inequality.

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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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Exodus empowers people to control their wealth through a safe and reliable non-custodial crypto wallet, placing the ownership of digital assets back into the user’s hands. Your keys, your crypto. Download Exodus today and learn more at exodus.com.

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Some say “top signal,” others say “Supercycle.” Who is right? 

This episode is sponsored by Nexo.io and this week’s special product launch, Exodus.

On this week’s “Weekly Recap,” NLW digs into the theory of the bitcoin supercycle. Are we in the same sort of four-year, halving-driven, boom-bust cycle that has characterized bitcoin so far, or are the new institutional participants breaking us out of that in a fundamental way?

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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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Exodus empowers people to control their wealth through a safe and reliable non-custodial crypto wallet, placing the ownership of digital assets back into the user’s hands. Your keys, your crypto. Download Exodus today and learn more at exodus.com.

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Institutional participation in Bitcoin shows no signs of slowing down. 

This episode is sponsored by Nexo.io and this week’s special product launch, Exodus.

Today on the Brief:

• Crypto Climate Accord
• Robinhood crypto trading 
• The decentralization of venture capital

Our main discussion:

This week was absolutely chock-full of institutions getting into the bitcoin space, yet barely anyone noticed. From Liberty Mutual and Starr Insurance investing in NYDIG to a massive real estate company moving treasury into bitcoin and accepting it for rent, the institutional infiltration of bitcoin shows no signs of stopping.

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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.

-

Exodus empowers people to control their wealth through a safe and reliable non-custodial crypto wallet, placing the ownership of digital assets back into the user’s hands. Your keys, your crypto. Download Exodus today and learn more at exodus.com.

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See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Recent comments from the PayPal founder, early Facebook investor and renegade libertarian political donor ignite a discussion about the battle around the world’s reserve currency.

This episode is sponsored by Nexo.io and this week’s special product launch, Exodus.

Peter Thiel is nothing if not good at igniting controversy. For the last 24 hours or so, Bitcoin Twitter (and really, FinTwit and TechTwit and Politics Twitter as well) have been hotly debating his assertion in recent remarks that bitcoin had become a “Chinese financial weapon.”

In today’s episode, NLW breaks down:

• The debate around Thiel’s comments 
• Why bitcoin is more likely a threat to Chinese aspirations around the digital yuan’s future status as a global currency than the U.S. dollar
• Why digital dollars like tether and USDC might make this whole debate moot from the get-go

-

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.

-

Exodus empowers people to control their wealth through a safe and reliable non-custodial crypto wallet, placing the ownership of digital assets back into the user’s hands. Your keys, your crypto. Download Exodus today and learn more at exodus.com.

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See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

A new Bloomberg report argues bitcoin is replacing gold more rapidly than expected.

This episode is sponsored by Nexo.io and this week’s special product launch, Exodus.

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 

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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.

-

Exodus empowers people to control their wealth through a safe and reliable non-custodial crypto wallet, placing the ownership of digital assets back into the user’s hands. Your keys, your crypto. Download Exodus today and learn more at exodus.com.

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A look at the most illuminating statistics and metrics across bitcoin, crypto and global markets.

This episode is sponsored by Nexo.io and this week’s special product launch, Exodus.

On today’s episode, NLW provides a whistle stop tour of some of the most interesting and illuminating numbers from crypto and traditional markets, including:

• The pop in Jurassic Park altcoins
• Archegos fallout
• US vaccine distribution
• Outflows from Turkey
• SPAC performance before and after mergers 
• Decline in price and volume of NFTs
• Coinbase valuation
• Stablecoin transaction volume 
• And more! 

-

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.

-

Exodus empowers people to control their wealth through a safe and reliable non-custodial crypto wallet, placing the ownership of digital assets back into the user’s hands. Your keys, your crypto. Download Exodus today and learn more at exodus.com.

-

Image credit: Olga Trofimova/iStock/Getty Images Plus

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Will the seminal event drive new people to the crypto markets or suck liquidity away from crypto assets? 

This episode is sponsored by Nexo.io and this week’s special product launch, Exodus.

Today on the Brief:

• The 88th anniversary of Executive Order 6102
• Former SEC Jay Clayton on bitcoin regulations 
• GBTC intends to become an ETF

Our main discussion:

NLW breaks down the potential implications of the Coinbase IPO. He looks at the bullish arguments of mainstream presence, the potential to send people down a bitcoin rabbit hole and the provisioning of easy on-ramps versus the argument that it will give people a chance to get crypto industry exposure without actually holding bitcoin or other crypto assets.

-

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.

-

Exodus empowers people to control their wealth through a safe and reliable non-custodial crypto wallet, placing the ownership of digital assets back into the user’s hands. Your keys, your crypto. Download Exodus today and learn more at exodus.com.

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See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.