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Apr 13, 2021

Coinbase is set to go public via direct listing on Wednesday.

In today’s episode, NLW breaks down why this is the current bull market’s first big test, looking at:

  • Mainstream narratives 
  • Institutional liquidity 
  • Retail participation 
  • Spillover effects 
  • The direction in which we head next 

What’s clear is that this bull run does not equal 2017 and will be shaped by a largely different set of forces. 

Byzantine General’s overview thread: