Between bitcoin treasury holdings growing and crypto-focused SPACs, private crypto markets and public equities markets are closer than ever.

Today on the Brief:

• Initial jobless claims rise to highest level since August
• BTC as a DeFi reserve asset
• Twitter reactions as Filecoin goes live

Our main discussion focuses on the convergence of the crypto and public markets. NLW looks at:

• Narratives of bitcoin’s correlations to stocks
• Growing overlap of retail and institutional traders
• SPACs and public crypto companies 
• Bitcoin treasuries 
• Geopolitical intrigue around ANT Financial

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