Coinbase Trades at a $77B Valuation as BTC Heads Towards a $1T Market Cap

<p><span style="font-weight: 400;">Today’s episode of “The Breakdown” analyzes a number of topics across the bitcoin and crypto industry, including:</span></p> <ul> <li style="font-weight: 400;" aria-level="1"><span style= "font-weight: 400;">Bitcoin reclaims $50,000 and looks towards a $1 trillion market cap</span></li> <li style="font-weight: 400;" aria-level="1"><span style= "font-weight: 400;">Treasury yields rise, hammering gold but so far having no impact on BTC</span></li> <li style="font-weight: 400;" aria-level="1"><span style= "font-weight: 400;">Bitwise launches a new DeFi index fund for accredited and institutional investors</span></li> <li style="font-weight: 400;" aria-level="1"><span style= "font-weight: 400;">Christie’s is auctioning off NFTs</span></li> <li style="font-weight: 400;" aria-level="1"><span style= "font-weight: 400;">Coinbase is trading at a $77 billion valuation on the private markets</span></li> </ul> <div data-pm-slice="1 1 []" data-en-clipboard="true">--</div> <div><em>Earn up to 12% APY on Bitcoin, Ethereum, USD, EUR, GBP, Stablecoins & more. Get started at nexo.io</em></div> <div>--</div> <div>Enjoying this content?</div> <div> </div> <div>SUBSCRIBE to the Podcast</div> <div>Apple:  <a href= "https://podcasts.apple.com/podcast/id1438693620?at=1000lSDb" rev= "en_rl_none">https://podcasts.apple.com/podcast/id1438693620?at=1000lSDb</a></div> <div>Spotify: <a href= "https://open.spotify.com/show/538vuul1PuorUDwgkC8JWF?si=ddSvD-HST2e_E7wgxcjtfQ" rev= "en_rl_none">https://open.spotify.com/show/538vuul1PuorUDwgkC8JWF?si=ddSvD-HST2e_E7wgxcjtfQ</a></div> <div>Google: <a href= "https://podcasts.google.com/feed/aHR0cHM6Ly9ubHdjcnlwdG8ubGlic3luLmNvbS9yc3M=" rev= "en_rl_none">https://podcasts.google.com/feed/aHR0cHM6Ly9ubHdjcnlwdG8ubGlic3luLmNvbS9yc3M=</a></div> <div> </div> <div>Follow on Twitter:</div> <div>NLW: <a href="https://twitter.com/nlw" rev= "en_rl_none">https://twitter.com/nlw</a></div> <div>Breakdown: <a href="https://twitter.com/BreakdownNLW" rev= "en_rl_none">https://twitter.