Episode 447
📍 Goldman Sachs increases its Bitcoin ETF holdings by 121.1% to $1.57 billion, signaling a shift in institutional investment towards Bitcoin and Ethereum.
📍 Brian Quintenz, a former CFTC commissioner and current crypto policy head at Andreessen Horowitz, is selected to lead the CFTC, potentially paving the way for more crypto-friendly oversight.
📍 A soft US inflation report may boost Bitcoin, but a major risk-on surge appears unlikely due to forward-looking inflation metrics indicating higher inflation in the coming months, limiting the Fed's ability to implement aggressive rate cuts.
📍 LinksDAO plans to launch a community token, LINKS, to fund golf course acquisitions alongside its NFTs, as the market moves away from NFTs and towards more tradeable assets.
📍 Ethereum's value relative to Bitcoin has fallen 13.8% in the past month, hitting a 4-year low, driven by technical issues and increasing institutional demand for Bitcoin.
