Bitcoin Hits All Time High Amid Reemerging Reflation

Real Vision: Finance & Investing

Real Vision

Business News, News, Investing, Business

4.1 • 1.1K Ratings

🗓️ 21 October 2021

⏱️ 36 minutes

🔗️ Recording | iTunes | RSS

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Summary

DB-Oct20,2021: Bitcoin hits its all-time high at nearly $67,000 in intraday trading following the launch of the ProShares Bitcoin Futures ETF yesterday. VanEck may soon follow step with the launch of their own Bitcoin ETF as early as next week. Darius Dale, CEO and founder of 42 Macro, joins the Daily Briefing to break down Bitcoin's exuberant price action and the changes in his models that are leading him to believe that “reflation has emerged as the dominant market regime”. Interviewed by Ash Bennington. Want to submit questions? Drop them right here on the Exchange: https://rvtv.io/3CeKuYd Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0	Whether it's an under-the-radar genre or a proper out-there podcast, sometimes it's better
0:06.2	when you get weird, especially when it comes to switching up your soft drink, introducing
0:10.7	new Dr. Pepper Zero.
0:12.8	With the same blend of 23 unique flavours, it tastes just as weird as regular Dr. Pepper,
0:19.2	but with zero sugar and zero calories, it's a taste you can't quite put your finger on
0:24.1	weird.
0:25.1	But in a surprisingly good way, try more weird with Dr. Pepper Zero.
0:30.1	Welcome to the Real Vision Podcast Network.
0:42.2	Welcome to the Real Vision Daily Briefing.
0:43.9	It's Wednesday, October 20, 2021.
0:46.6	I'm Ash Bennington, joined today by Darius Dale of 42 macro, one of our favorite guests
0:52.5	here on Real Vision Daily Briefing.
0:54.6	Top stories, let's talk about it.
0:56.8	It is Bitcoin at an all-time high, at or near
0:59.9	an all-time high.
1:00.9	We went through 66,976 new all-time high on Bitcoin.
1:08.0	Current price looks like 66,315 on my screen.
1:13.1	Lots happening.
1:14.1	The pro shares ETF we talked about yesterday, new word today that Van Eck has just won
1:19.7	approval for their ETF soon to be joining the existing pro shares ETF on the New York
1:27.1	Stock Exchange, being publicly traded.
1:29.8	Big news, much more to talk about there.
	...

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