A Bitcoin Shortage? PayPal and Cash App Buying More Than 100% of New Supply

<p>Today on the Brief:</p> <ul> <li>AstraZeneca and University of Oxford release third positive COVID-19 vaccine trial data</li> <li>Trump administration ratchets up pressure on China</li> <li>Another DCEP lottery trial coming</li> </ul> <p>Our main discussion: a narrative shift, growing attention and a bitcoin shortage.</p> <p>What happens when demand exceeds supply and supply is being gobbled up aggressively by new market actors? That’s the question posed by Pantera’s recent investor letter and today’s Breakdown episode.</p> <p>NLW also looks at:</p> <ul> <li>The reappearance of bitcoin (BTC, +1.08%) in mainstream media, like today’s Wall Street Journal</li> <li>The rise of celebrities coming out as HODLers</li> <li>BlackRock’s CIO suggests bitcoin could replace gold for many</li> </ul>