Bitcoin ETFs, Ethereum’s Speed Goals, Wrapped Tokens, and More!
In this episode of Crypto Deep Dive, we dive into the latest developments in the cryptocurrency industry, focusing on Bitcoin exchange-traded funds (ETFs), Ethereum’s scalability goals, and the emergence of wrapped Bitcoin tokens. We celebrate a significant milestone as Bitcoin ETFs in the U.S. surpass $20 billion in net flows, highlighting the growing investor interest in this asset class. Ethereum co-founder Vitalik Buterin outlines an ambitious plan to enhance Ethereum's transaction speed, aiming for over 100,000 transactions per second. We also discuss Kraken's launch of its own wrapped Bitcoin token, kBTC, which enables Bitcoin to be utilized on Ethereum and other blockchain platforms. Additionally, we address the concerns surrounding Bitcoin liquidity on Coinbase following the SEC's lawsuit against market maker Cumberland. Tune in as we unpack these developments and their implications for the future of cryptocurrency!
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