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

Author
CoinDesk
Published
Thu 27 May 2021
Episode Link
https://www.coindesk.com/podcasts/coindesk-podcast-network/icahn-crypto-billions-position

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

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