BREAKDOWN: How Will the Coinbase IPO Affect Bitcoin's Price?

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 6102Former 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.

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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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Image credit: Matt Winkelmeyer/Getty Images Entertainment

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