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

As bitcoin inches towards $10,000, @nlw is joined by Kraken’s Dan Held to discuss how the narrative, infrastructure and audience have changed since this price last year.

Updated Sep 13, 2021, 12:16 p.m. Published Feb 7, 2020, 8:00 p.m.
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As bitcoin inches towards $10,000, @nlw is joined by Kraken’s Dan Held to discuss how the narrative, infrastructure and audience have changed since this price last year.

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Bitcoin is on a seven-week upward trend. Having already smashed through its $9,000 Vegeta memes, it is now inching closer towards $10,000.

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

Find past episodes of The Breakdown on CoinDesk. For early access before our regular 3 p.m. Eastern time releases, subscribe with Apple Podcasts, Spotify, Pocketcasts, Google Podcasts, Castbox, Stitcher, RadioPublica, IHeartRadio or RSS.