Unconfirmed: How Elon Musk Pushed DOGE Up and BTC Down, With Arca's Jeff Dorman - Ep.237
May 14, 2021
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Jeff Dorman, Chief Investment Officer at Arca, brings his macro perspective on the crypto market. He discusses how economic data influences digital asset performance and the classification of assets like cryptocurrencies and tokens. Dorman analyzes Ethereum's soaring value and the impact of EIP 1559. He shares insights on Dogecoin's market dynamics and Tesla's Bitcoin payment pause, while addressing environmental concerns surrounding crypto. Tune in for a deep dive into the forces shaping the future of digital currencies!
Jeff Dorman, the chief investment officer at Arca, comes on the show to give a macro perspective on the crypto environment. In this episode, he discusses:
how economic data and real-world events have affected digital assets
how Jeff classifies the different types of assets within crypto
what market forces have pushed ETH to new all-time highs above $4k
whether EIP 1559 will have the same effect on ether price as the Bitcoin halving has on BTC price
what is happening with Dogecoin and other meme-coins
why the market’s reaction to Tesla’s halt of BTC vehicle purchases was healthy
whether environmental concerns surrounding Bitcoin will have long-term consequences on crypto as an asset class