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‘Crypto Is Here to Stay’: Activist Investor Carl Icahn Looks Toward a Crypto Position in the Billions

A look at the macro discussion on inflation and why it’s pushing people like Icahn to crypto.

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A look at the macro discussion on inflation and why it’s pushing people like Icahn to crypto.

This episode is sponsored by Nexo.io and Bitstamp.

Today on the Brief:

  • PayPal to allow crypto withdrawals
  • Regulatory rumblings from the SEC and FinCEN
  • Bitcoin moving off exchanges again

In our main discussion, NLW looks at the macro conversation around inflation, including:

  • How concerns around inflation and the Federal Reserve withdrawing support have caused markets to go risk-off
  • Where bitcoin fits in a risk-on/risk-off context
  • Why billionaire Carl Icahn is eyeing a $1B-$1.5B crypto bet

Image credit: Jeremy Bales/Bloomberg/Getty Images