The Daily Hodl
2021-01-09 12:00:05

Macro Guru Raoul Pal Says Coinbase IPO Will Suck Institutional Liquidity From Bitcoin

Macro investor and former Goldman Sachs manager Raoul Pal is raising concerns that Coinbase’s initial public offering (IPO) might have a negative impact on Bitcoin. In a new tweet, the Bitcoin bull says the IPO of the US-based crypto exchange is going to divert institutional investments away from cryptocurrency markets. “Does anyone have a handle […]The post Macro Guru Raoul Pal Says Coinbase IPO Will Suck Institutional Liquidity From Bitcoin appeared first on The Daily Hodl.

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