BREAKDOWN: 'Rising Bitcoin Adoption Tide' – The Best of Bloomberg's Latest Bullish Bitcoin Report

BREAKDOWN: 'Rising Bitcoin Adoption Tide' – The Best of Bloomberg's Latest Bullish Bitcoin Report

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 - 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: Vasil Dimitrov/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.

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Trader Turns $800 into $1 Million | CoinDesk Daily

Trader Turns $800 into $1 Million | CoinDesk Daily

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Elon Musk Loses $50 Billion in a Single Day; SpaceX Moves Bitcoin | CoinDesk Daily

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Elon Musk lost $50B? SpaceX shares fell over 6% and Tesla dropped nearly 4% on Tuesday, wiping more than $50 billion off Elon Musk's net worth and pushing him below the $1 trillion mark. Meanwhile, S...

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Polymarket Bettors Say the CLARITY Act Has a 47% Chance to Be Signed Into Law in 2026 | CoinDesk Daily

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The CLARITY Act missed the July 4th target deadline. The CLARITY Act is now facing a hard deadline of August 7, the last day the Senate can act before the summer recess. With Trump disclosing $1.4 bi...

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JPMorgan Says Strategy's Bitcoin Sales Are a Market Risk | CoinDesk Daily

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JPMorgan on Strategy's policy of allowing bitcoin sales. JPMorgan says Strategy's new policy of allowing bitcoin sales to fund preferred dividend payments has introduced "two-way risk" to crypto mark...

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