Coinbase is set to go public via direct listing on Wednesday.

In today’s episode, NLW breaks down why this is the current bull market’s first big test, looking at:

• Mainstream narratives 
• Institutional liquidity 
• Retail participation 
• Spillover effects 
• The direction in which we head next 

What’s clear is that this bull run does not equal 2017 and will be shaped by a largely different set of forces. 

Byzantine General’s overview thread: https://twitter.com/ByzGeneral/status/1381095621017354240