Happy Thursday, Blockfolians
There are a whoooole lotta folks out there changing their tune on bitcoin. While some goldbugs (we won’t mention names) will never leave their precious metal behind, others are having a change of heart.
Take for example perma gold bull Jeffrey Gundlach:
We’ve also had folks like world’s biggest asset manager Blackrock say they’re “dabbling” in bitcoin. We don’t quite have Gates yet, but it’s still a lot better than a little while ago when he said he would short it if he could (which, by the way, he could).
As Dan says:
Highly Relevant Reading
Robinhood to begin allowing deposits and withdrawals of crypto
Nvidia unveils new Ethereum mining chip
Christies is auctioning off NFTs now
Zug now accepts BTC and ETH for tax payments
Nic sums up the frustration of many watching today’s hearings around Gamestop
Open futures interest is screaming
Ansel Lindner @AnselLindner@gvtunney @billbarhydt @PrestonPysh https://t.co/2VRFuC8UFN
A Really Big Number We Should Be Paying Attention To
That’s the implied valuation of Coinbase based on secondary market share sales
He’s not wrong.