December 17th, 2020 might just be the day Bitcoin hit mainstream. The first successful attempt at wrapping money onto the internet found itself blasting through 22k, trending on Twitter, hotly debated on MSNBC, and, of course, celebrated on the Twitter-sphere. It’s a good day to be a coiner.
Big News of the Day:
- Coinbase, the brainchild of Brian Armstrong and regulatory darling, filed for IPO earlier today. This is going to be huge. Their most recent evaluations were somewhere between 7-12 billion (dollars).
- Guggenheims CIO argues that Bitcoin should be worth $400,000 based on their metrics. That is a lot of fiat. Minerd (the CIO) believes that rampant money printing by the Federal Reserve and Bitcoin’s native scarcity should continue to push the price of BTC upward
-Kram
KRAM 