BREAKDOWN: A Bitcoin Shortage? PayPal and Cash App Buying More Than 100% of New Supply

BREAKDOWN: A Bitcoin Shortage? PayPal and Cash App Buying More Than 100% of New Supply

When demand from these two sources alone exceeds the entire supply of newly minted bitcoins, expect serious supply pressure to follow. This episode is sponsored by Crypto.com and Nexo.io. Today on the Brief: AstraZeneca and University of Oxford release third positive COVID-19 vaccine trial data Trump administration ratchets up pressure on China Another DCEP lottery trial coming Our main discussion: a narrative shift, growing attention and a bitcoin shortage. What happens when demand exceeds supply and supply is being gobbled up aggressively by new market actors? That’s the question posed by Pantera’s recent investor letter and today’s Breakdown episode. NLW also looks at The reappearance of bitcoin in mainstream media, like today’s Wall Street Journal The rise of celebrities coming out as HODLers BlackRock’s CIO suggests bitcoin could replace gold for many 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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Episoder(4066)

CME Says It Will Sue the CFTC Over Perpetual Futures | CoinDesk Daily

CME Says It Will Sue the CFTC Over Perpetual Futures | CoinDesk Daily

CME CEO says they will sue the CFTC. CME CEO Terrence Duffy says the exchange will sue the CFTC, arguing the regulator's approval of Kalshi's perpetual futures violates the Dodd-Frank Act by treating...

18 Jun 1min

Kevin Warsh's First Fed Meeting Could Move Bitcoin | CoinDesk Daily

Kevin Warsh's First Fed Meeting Could Move Bitcoin | CoinDesk Daily

Kevin Warsh's first FOMC presser. The Federal Reserve is expected to hold rates steady at Kevin Warsh's first meeting as chair, leaving markets to parse the dot plot and his press conference for clue...

17 Jun 1min

Why Billionaire Ricardo Salinas Keeps Turning Cash Into Bitcoin

Why Billionaire Ricardo Salinas Keeps Turning Cash Into Bitcoin

Ricardo Salinas calls fiat a "fraud." And, will he run for office in Mexico? Ricardo Salinas, founder and president of Grupo Salinas, joins CoinDesk's Jennifer Sanasie and Ollie Acuna for a wide-rang...

17 Jun 44min

BlackRock Launches Bitcoin Income ETF with High-Teens Yield Target

BlackRock Launches Bitcoin Income ETF with High-Teens Yield Target

Inside BlackRock's newest bitcoin ETF, BITA. Global Head of Digital Assets at BlackRock, Robert Mitchnick breaks down the launch of the firm's newest bitcoin ETF, the Bitcoin Premium Income Fund (BIT...

16 Jun 4min

BlackRock's New Bitcoin ETF Pays Monthly Income | CoinDesk Daily

BlackRock's New Bitcoin ETF Pays Monthly Income | CoinDesk Daily

BlackRock launches the BITA fund. BlackRock's Bitcoin Premium Income Fund, ticker BITA, begins trading today, holding spot bitcoin and IBIT shares while selling call options to generate monthly incom...

16 Jun 1min

$17 Billion Stolen in One Year: The State of Crypto Crime with Chainalysis

$17 Billion Stolen in One Year: The State of Crypto Crime with Chainalysis

Crypto scams and how to protect yourself with Chainalysis' Eric Jardine. Eric Jardine, Head of Research at Chainalysis, joins Gen C to break down their latest crypto crime report and the staggering n...

16 Jun 27min

Blockspace: Why Anthropic Axed Mythos/Fable 5, IREN Seals 490MW Nostrum Acquisition, EPA Won’t Regulate Data Centers

Blockspace: Why Anthropic Axed Mythos/Fable 5, IREN Seals 490MW Nostrum Acquisition, EPA Won’t Regulate Data Centers

Anthropic pulled the plug on its Mythos / Fable 5 model after the U.S. government raised concerns, and IREN has completed its acquisition of Nostrum for 490 MW of capacity in Spain. Welcome back to...

16 Jun 1h

SpaceX IPOs With $1.3B in Bitcoin, Citi Tokenizes Private Shares, and Coinbase Lets AI Trade for You

SpaceX IPOs With $1.3B in Bitcoin, Citi Tokenizes Private Shares, and Coinbase Lets AI Trade for You

On this episode of Public Keys from the New York Stock Exchange, host Jennifer Sanasie is joined by GSR's Joshua Riezman on SpaceX's $1.29 billion Bitcoin bet and the outlook for the CLARITY Act; Citi...

15 Jun 29min

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