Bitcoin pioneer breaks down Coinbase IPO… and why bitcoin could hit $1 million

Wall Street Unplugged - What's Really Moving These Markets

Frank Curzio

Business, News, Commodities, Debt, Investing, Macroeconomics, Gold, Personal, Uranium, Oil, Economics, Business News, Geopolitics, Industry, Crypto, Stocks, Curzio, Trading, Finance, Research, Investments, Tokens, Talk, Crisis

4.5 • 1.1K Ratings

🗓️ 14 April 2021

⏱️ 110 minutes

🔗️ Recording | iTunes | RSS

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Summary

Although bitcoin is relatively a new asset, Dan Held, growth lead at Kraken, is a veteran in the space. He highlights the “early days” (2013) in crypto and how just about everyone thought it was a crazy idea. Later, Dan shares why he’s excited about Coinbase going public... how high he thinks bitcoin’s price will go… and why bitcoin is gold 2.0. [45:10] Then, Daniel and I discuss the positives and negatives surrounding Coinbase’s IPO… Goldman Sachs’ blowout earnings… and the pause in the Johnson & Johnson coronavirus vaccine. [01:12:34] *This episode of Wall Street Unplugged is sponsored by Blockchain.com... one of the most trusted cryptocurrency platforms in the world, over $800 billion in transactions since 2011. To start your account, visit Blockchain.com. Enjoyed this episode? Get Wall Street Unplugged delivered FREE to your inbox every Wednesday: https://www.curzioresearch.com/wall-street-unplugged/ Wall Street Unplugged podcast is available at: --: https://itunes.apple.com/us/podcast/wall-street-unplugged-frank/ -- : https://www.stitcher.com/podcast/curzio-research/wall-street-unplugged-2 -- : https://www.curzioresearch.com/category/podcast/wall-street-unplugged/ : https://twitter.com/frankcurzio :. https://www.facebook.com/CurzioResearch/ : https://www.linkedin.com/in/frank-curzio-690561a7/ : https://www.curzioresearch.com

Transcript

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0:00.0	Wall Street Unplug looks beyond the regular headlines,
0:05.0	heard on mainstream financial media to bring you unscripted interviews
0:08.7	and breaking commentary direct from Wall Street, right to you on Main Street.
0:16.0	It's going out there, it's April 14th.
0:19.0	I'm Frank Curzio, host the Wall Street Unplug Podcast,
0:21.0	where I break the headlines and...
0:24.0	Tell you what's really moving these markets.
0:29.0	What a day, huge, huge day,
0:35.0	with the biggest in the history of crypto.
0:39.0	Coinbase is launching its IPO, top story.
0:44.0	It's priced at $250.
0:48.0	The expected price is $340 of what it's going to come out.
0:51.0	When you're listening to this, it will have open,
0:53.0	and you'll see much better price.
0:55.0	I'm doing this at 11 a.m.
0:57.0	You guys are probably going to listen to this around 6, 7 p.m.
0:59.0	Most of you, based on my statistics that we look at.
1:03.0	But at $340, that price is around a $75 billion valuation.
1:08.0	Okay, so that's the indication right now I'm getting $340.
1:11.0	I have everything on, and if it does actually start trading,
1:14.0	I will let you know during this podcast.
1:17.0	Now, Coinbase is the premier crypto company in the United States.
	...

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