BREAKDOWN: Coinbase Going Public Is the Bitcoin Bull Market's First Big Test

BREAKDOWN: Coinbase Going Public Is the Bitcoin Bull Market's First Big Test

By CoinDesk

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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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!) 

Image credit: Steve Jennings/Getty Images for TechCrunch and Overearth/iStock/Getty Images Plus

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