Crypto Market Pump Coming With Coinbase IPO on April 14th&Morgan Stanley Mutual Funds Bitcoin - a podcast by Thinking Crypto

from 2021-04-02T22:23:35

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Coinbase's direct listing on Nasdaq planned for April 14 and it could send the crypto market parabolic resulting in new all time high prices.
Over the last two quarters, $7 billion went into Bitcoin funds and $20 billion left gold exchange-traded funds. Plan B's Bitcoin Stock To Flow Model is on track with an orange dot added based on the following monthly price closes.
March close $58,782
Feb close $45,240
Jan close $33,141
Dec close $28,992
Nov close $19,700
Oct close $13,816
Sep close $10,778
Morgan Stanley is giving a handful of its mutual funds the ability to invest indirectly in bitcoin through cash-settled futures contracts and Grayscale’s bitcoin trust. JPMorgan adjusts its Bitcoin target to $130,000, predicting strong Institutional adoption. The Oakland A’s are the first MLB baseball team to have sold a luxury box for bitcoin. Non-fungible token (NFT) marketplace OpenSea is planning to integrate an Ethereum scaling solution in a bid to remove costly gas fees, a sticking point for many of the new users rushing into the NFT space.

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#Crypto #Coinbase #Bitcoin #IPO #MorganStanley #Cryptocurrency #MLB #NFT #OpenSea
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