BREAKDOWN: ‘Crypto Is Here to Stay’ – Activist Investor Carl Icahn Eyes a Crypto Position in the Billions

A look at the macro discussion on inflation and why it’s pushing people like Icahn to crypto.

This episode is sponsored by Nexo.io and Bitstamp.

Today on the Brief:

PayPal to allow crypto withdrawalsRegulatory rumblings from the SEC and FinCENBitcoin moving off exchanges again

In our main discussion, NLW looks at the macro conversation around inflation, including:

How concerns around inflation and the Federal Reserve withdrawing support have caused markets to go risk-offWhere bitcoin fits in a risk-on/risk-off contextWhy billionaire Carl Icahn is eyeing a $1B-$1.5B crypto bet

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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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Bitstamp is the world’s longest-running cryptocurrency exchange, supporting investors, traders and leading financial institutions since 2011. With a proven track record and dedication to personal customer service with a human touch, Bitstamp’s fast, secure and reliable crypto investing platform is trusted by over four million people worldwide. To learn more, visit www.bitstamp.net.

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Image credit: Jeremy Bales/Bloomberg/Getty Images

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