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 withdrawals
- Regulatory rumblings from the SEC and FinCEN
- Bitcoin 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-off
- Where bitcoin fits in a risk-on/risk-off context
- Why billionaire Carl Icahn is eyeing a $1B-$1.5B crypto bet
See also: Billionaire Carl Icahn Eyes Potential $1.5B Crypto Investment
Image credit: Jeremy Bales/Bloomberg/Getty Images