Explaining What Happened to Bitcoin When Elon Tweeted
In this episode of The Pomp Podcast with Anthony Pompliano and his guest Will Clemente, a Finance Major at East Carolina University. They discuss Elon’s tweet, Bitcoin’s on-chain metrics, miner accumulation, NVT, whale purchases, and whether the bull market is still in tact.
0:00 - BlockFi
0:33 - Intro
0:49 - Elon Musk
03:04 - Bitcoin Moving Onto Exchanges
03:59 - 650 Million Dollars of Tether Printed
07:13 - Funding Rates
10:58 - BTC Wallet Size Comparisons
14:20 - Miner Accumulation
15:30 - Long Term Holders
18:06 - On-Chain Volume
20:57 - Where To Find Will Online
The episode premiered on May 15, 2021.