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Who Matters More to Bitcoin: Whales or Plebs?

Who is buying? Who is selling? And who is driving the future of the space?
CoinDesk Podcast Network
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Who is buying? Who is selling? And who is driving the future of the space?

This episode is sponsored by Nexo.io.

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Today on the Brief:

  • May’s middling jobs report
  • A ransomware update
  • Square building a bitcoin hardware wallet

Our main discussion looks at the various constituencies within bitcoin and asks who has what type of power to shape the network. Specifically, NLW homes in on recent price action and the divergent actions of large holders and small holders over the month of May.

See also: Bitcoin Drops After Musk Tweets of Breakup

Image credit: iNueng/iStock/Getty Images Plus