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Coinbase Trades at a $77B Valuation as BTC Heads Towards a $1T Market Cap
An overview of key news, from a new DeFi Index fund for accredited investors to bitcoin shrugging off growing Treasury yields.
Listen or watch all the new CoinDesk podcast episodes wherever you want.
ABOUT
An overview of key news, from a new DeFi Index fund for accredited investors to bitcoin shrugging off growing Treasury yields.
This episode is sponsored by Nexo.io.
Today’s episode of “The Breakdown” analyzes a number of topics across the bitcoin and crypto industry, including:
- Bitcoin reclaims $50,000 and looks towards a $1 trillion market cap
- Treasury yields rise, hammering gold but so far having no impact on BTC
- Bitwise launches a new DeFi index fund for accredited and institutional investors
- Christie’s is auctioning off NFTs
- Coinbase is trading at a $77 billion valuation on the private markets
See also: Bitcoin Poised for Short-Term Gains Past $51K as MicroStrategy Upsizes Debt Deal
Image credit: Steven Ferdman/Getty Images Entertainment
HOST
Nathaniel Whittemore
NLW is an independent strategy and communications consultant for leading crypto companies as well as host of The Breakdown – the fastest-growing podcast in crypto. Whittemore has been a VC with Learn Capital, was on the founding team of Change.org, and founded a program design center at his alma mater Northwestern University that helped inspire the largest donation in the school’s history.
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