Happy Tuesday, Blockfolians
The Lede
Tomorrow is Coinbase’s direct listing on the NASDAQ! To mark the occasion, both BTC and ETH decided to hit new all time highs. At press time, Bitcoin is hovering around $63,000 while Ethereum is at $2,300.
There’s no denying the excitement in the market, although some are reasonably wondering whether the setup is even a little too perfect.
Are we on the verge of the next leg up, a retail mania, or something rather underwhelming instead?
Enjoying Blockfolio’s Market Refresh? Sign up to have it delivered every day.
Highly Relevant Reading
-
Time puts Bitcoin on the balance sheet
-
ConsenSys raises $65M from UBS, Morgan Stanley, Mastercard and more
-
Stacks creates a $4M accelerator for teams building on Bitcoin
-
A positive argument for engaging with Bitcoin from a Republican leader
Community Commentary
Essential macro context
Check out my latest piece:
“The Conclusion Of The Long-Term Debt Cycle And The Rise Of Bitcoin”
Here’s a quick summary 👇👇: 
Heckuva schedule
A Really Big Number We Should Be Paying Attention To
$150,000,000
That’s the revenue Nvidia estimates from Crypto mining products in Q1
Final Thought
NOT FINANCIAL ADVICE
