
What the Stock Market’s ‘Robinhood Rally’ Means for Bitcoin
Kevin
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<p><span style="font-weight: 400;">Today on the Brief:</span></p> <ul> <li style="font-weight: 400;"><span style="font-weight: 400;">Saudi Arabia injects $13 billion in bank liquidity via blockchain.</span></li> <li style="font-weight: 400;"><span style= "font-weight: 400;">China’s state TV CCTV says Binance is still allowing crypto trading in China.</span></li> <li style="font-weight: 400;"><span style= "font-weight: 400;">MakerDAO community greenlights real world collateral. </span></li> </ul> <p><span style="font-weight: 400;">Our main topic: The “Robinhood Revolution.” </span></p> <p><span style="font-weight: 400;">The next time someone tells you crypto markets are too irrational or volatile, point them to stock markets right now.</span></p> <ul> <li style="font-weight: 400;"><span style="font-weight: 400;">The largest 50-day rally in history</span></li> <li style="font-weight: 400;"><span style="font-weight: 400;">Every S&P 500 stock up from 10 weeks ago</span></li> <li style="font-weight: 400;"><span style= "font-weight: 400;">Multiple bankrupt companies up more than 100% since they declared bankruptcy</span></li> </ul> <p><span style="font-weight: 400;">This is the “Robinhood Revolution,” as a horde of day traders are outperforming billionaire investors and commanding the stock market narrative. </span></p> <p><span style="font-weight: 400;">This episode looks at:</span></p> <ul> <li style="font-weight: 400;"><span style="font-weight: 400;">Who is this new generation of investors </span></li> <li style="font-weight: 400;"><span style="font-weight: 400;">Why they’re so active right now</span></li> <li style="font-weight: 400;"><span style="font-weight: 400;">What they’re betting will go up</span></li> <li style="font-weight: 400;"><span style="font-weight: 400;">Why they don’t care about earnings, balance sheets or any other fundamentals</span></li> <li style="font-weight: 400;"><span style="font-weight: 400;">Four scenarios for how this rally could have an impact on the</span> <a href="https://www.coindesk
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What the Stock Market’s ‘Robinhood Rally’ Means for Bitcoin
Kevin