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.

AccessTimeIconFeb 7, 2020 at 8:00 p.m. UTC
Updated Sep 13, 2021 at 12:16 p.m. UTC

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.

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.

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.

DISCLOSURE

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.

The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. As part of their compensation, certain CoinDesk employees, including editorial employees, may receive exposure to DCG equity in the form of stock appreciation rights, which vest over a multi-year period. CoinDesk journalists are not allowed to purchase stock outright in DCG.

Investing in the Future of the Digital Economy
October 18-19 | Spring Studio, NYC