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BREAKDOWN: Kraken’s Dan Held on What’s Different About Bitcoin at $10K This Time

Author
CoinDesk
Published
Fri 07 Feb 2020
Episode Link
None

Bitcoin is on a 7 week upward trend. Having already smashed through its $9,000 Vegeta memes, it is now inching closer towards $10k. 
On this episode, @nlw is joined by Kraken’s Dan Held to discuss how bitcoin has changed in a number of ways since the last time we were at the $10,000 price level last year. They look at:

Narrative - Speculation around bitcoin as a safe haven and the role of the halvening continue to shape the conversation

Infrastructure - The tools for how people can interact with bitcoin - from lending to derivatives - have never been broader 

Audience - Institutions are no longer just around the corner but actively participating in the market

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