Algorand Breaks Records, Sustaining 2k TPS
Coinbase's Top Lawyer & Others Criticize Decision To Drop 2nd SBF Trial, Meme Moguls Spark Altcoin Surge
Welcome to Coinfeeds Daily Digest and happy holidays! VanEck's Gabor Gurbacs says that the launch of Bitcoin ETFs should only have a modest impact on the price with an estimated $100M net inflows at first, because of already established expectations in the market. He then discusses that the long-term impact could be far more significant. In other ETF-related news, Goldman Sachs' global head of digital assets Mathew McDermott predicts that the approval of crypto ETFs will bring a surge in investments from pension funds and insurance firms. The prices of altcoins — MATIC, OP, Ethereum, and Chainlink — are rapidly gaining as a response to new innovative reward models from projects like Meme Moguls. Robert F. Kennedy Jr., a top lawyer at Coinbase, among other key crypto figures, has slammed the U.S. prosecutors' decision to drop a second trial for FTX's former CEO Sam Bankman-Fried.
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Algorand Breaks Records, Sustaining 2,000 TPS
The Algorand blockchain network has recently made headlines by achieving a significant performance milestone at the start of 2024. The network has consistently handled 2,000 transactions per second (TPS), showcasing its capability to process a high volume of transactions smoothly and efficiently. | Read More
Coinbase’s Top Lawyer and Others Slam Decision To Drop Second SBF Trial
The U.S. prosecutors' decision to not pursue a second trial on additional charges, including foreign bribery, bank fraud, and unlawful political donations, has raised concerns and questions among the public and legal experts alike. Among the critics are Robert F. Kennedy Jr. and the Chief Legal Officer of Coinbase, who have both expressed their dissatisfaction with the decision. | Read More
VanEck: Bitcoin ETFs Launch Won't Have A Short-Term Impact On Price
Gabor Gurbacs of VanEck, a significant player in the investment management field, has shared insights that suggest the immediate effect of a Bitcoin spot ETF launch on the market price of BTC may be less dramatic than some anticipate. However, Gurbacs also points out that the long-term impact could be much more significant. | Read More
Goldman Sachs Head Expects Pension Funds To Surge With Crypto ETFs
A key figure at Goldman Sachs, Mathew McDermott, the global head of digital assets, has shed light on an upcoming trend that could see a surge in investment from heavyweight financial players such as pension funds and insurance firms. By providing a regulated and transparent vehicle for investment, ETFs could significantly enhance the liquidity of Bitcoin and Ethereum. | Read More
Meme Moguls Introduces Tier System, Sparking Altcoin Surge
Meme Moguls' new tier system is designed to incentivize and reward its community members. Users who hold MGLS tokens are eligible for various benefits. Alongside Meme Moguls, other altcoins such as Polygon (MATIC) and Optimism (OP) are experiencing significant surges. | Read More