Blockchain DXB

08th Aug

🚫 A failed experiment? Bitcoin was officially made a legal tender in El Salvador a year ago.

💥Price info (See Slide no 3 for detailed info)

❗06th Sep *2021* ( A day before)

Bitcoin = $52,738

Bitcoin Market Cap = $989

Global Crypto market $2.32Trillion Dollar

❗07th Sep *2021* — Legal Tender

Bitcoin = $46,811

Bitcoin Market Cap = $880

Global Crypto market $2.01Trillion Dollar

Tether.to USDT was $167B

❗08th Sep2022- Today

Bitcoin = $19,031

Bitcoin Market Cap = $364 Million

Global Crypto market — $987 Billion

💰 Cointelegraph has reported that On Sept. 6, 2021, the Salvadoran government made their first Bitcoin purchase, buying 200 BTC at $10.36 million, or at an average price of $51,800. Article here https://bit.ly/3RLdPR6

🗣️El Salvador’s president, Nayib Bukele, has stated that Bitcoin adoption will hugely benefit the 70% of the local population that lacks access to banking services. And this move could save citizens $400 million in fees on remittances sent home from abroad every year.

🔻 A year later, just a few weeks ago Simon Dixon the OG of Bitcoin & CEO of BnkToTheFuture.com went to EL Salvador to discuss how To transform El Salvador With Bitcoin. El Salvador bitcoin recovery plan! He posted via LinkedIn that In the land of Bitcoin reform is coming currency reform, banking reform, pension reform & security reform You can watch more info about the discussion here via YouTube https://bit.ly/3AWgvVh . Info here https://bit.ly/3KVlbPJ

🙋🏼‍♂️❓ Would it have been better for El Salvadorians to just implement stable coins instead? It does solve Banking the Unbanked & remittance problems too.

🤫ETH Merge & Centralization

Samson Mow claims a few node operators have the power to change, delay or even cancel the upcoming Ethereum Merge. Info via his Twitter here https://bit.ly/3RHypBP He also cited an old blog dated 01st July here https://bit.ly/3KS56KS He is clearer a big advocate for Lightning Network & rightly so. But ironic that he highlights Ethereum Centralization issues while he himself was working for Blockstream

⚡That being said Lightning Network NOT Blockchain could solve a lot of the problems and the narrative is slowly building momentum. Lightning Network does solve Scalability, Security, Decentralization & Privacy but LN is still lightning years away.

❗Money corrupts people or Money is corrupted itself ❗

🤴🏻Even Prince Philip Hereditary Prince of Serbia and Yugoslavia is bullish on Bitcoin Cointelegraph has published a video via YouTube that clearly shows that he is a strong proponent of Bitcoin & he criticizes altcoins for being mere attempts to copy the original cryptocurrency. https://bit.ly/3RnNIzW I 100% agree with him. Great info on Pre-mining, CEO, marketing department, history of money & how war is financed & a lot more.

Two UAE news (Check slides)

- Palazzo Versace Dubai taps Binance to accept crypto payments

- Blockchain DXB event on Central Bank Digital Currency

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For slides click here:https://www.linkedin.com/posts/r-a-george-19b102104_blockchaindxb-btc-activity-6973443626676727808-W9RJ?utm_source=share&utm_medium=member_desktop

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Bitcoin address: 02ddf96964b352b75dd660a56a5162bf9e76e549e31263b88ed93015e635771795

Cardano address:addr1qxwu4h9uw4ptc6jp4zzhvckcjua7nda9u5fkvmdfrge00n3dpznq9000nxdcvklpdtw320zku7eeju483l2pg6gtw3eqp8e4q6

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07th Aug

👹Global crypto market down to $938 💡Ethereum Implements Bellatrix one step close to Ultra Sound Money? Tether.to USDT to the rescue?

🙋🏼‍♂️Vitalik Buterin mentioned via Twitter yesterday that the Bellatrix hard fork is going to take place & The merge is expected to happen around Sep 13–15 his tweet here https://bit.ly/3TKUWjd Bitcoin.com article states Bellatrix was successfully codified into the codebase at epoch 144,896 on the Beacon chain. Next step Bellatrix to Paris — Ethereum participants get ready for the final step of the Merge Article here https://bit.ly/3x1jta5 Tim Beiko one of the most prominent figures in the Ethereum Foundation has also reassured via his tweet the merge is definitely happening & it feels pretty surreal https://bit.ly/3BiVDsR great work for sure!

💥“Buy the Rumor, Sell the News” is going to be in play between the 13th-15 or a few days before and after?

👀See slide no 2 where we discuss metrics if #ETH flips #BTC. The market share of Ethereum is a little over 50% of Bitcoin. Also, info on the volume of all stablecoins is now $78.02B & USDT accounts for $60.75B of it. Price info via CoinMarketCap

🎙️ Listen to our Podcast here 🎙️ where we discuss this & more in detail

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🥶Bitcoin Mining Pool freezes withdrawal

Poolin a Beijing-based Bitcoin mining pool that’s responsible for 10% of the overall #btc network hash rate has announced a freeze on user withdrawals on the 6th. News here https://bit.ly/3TKbFmG They are currently facing some liquidity problems due to recent increasing demands on withdrawal or is it due to some other reason?

⚡Russia

📰 TASS a few hours ago stated that Russia eyes stablecoin platforms for settlements with friendly countries. Deputy Finance Minister Alexey Moiseyev has some really interesting things in the article here https://bit.ly/3CZl4ko A few days ago here https://bit.ly/3x1bp92 it also reported that he announced the possible imminent legalization of cross-border payments in cryptocurrencies and interview with Alexey Moiseyev here https://smotrim.ru/live/21

🗞️ Bloomberg LP has reported that Saudi Central Bank — SAMA has hired a crypto chief to boost digital ambition, to lead its virtual assets & digital currency program https://bloom.bg/3RfXrIB

📺LG Electronics launches NFT Platform for smart TVs in Partnership with Hedera Official news https://bit.ly/3RBK6de A convenient, one-stop solution for viewing and trading NFTs at home! to learn more about the project https://www.lgartlab.com/

2 UAE news: (See Slides)

❌ Legit news or Promotion? Metaverse Holdings has announced that Abu Dhabi and Dubai will be the world’s first cities within the global metaverse launch.

💥Who is Satoshi Nakamoto, Why it matters & why it doesn’t by Blockchain DXB

For slides click here:https://bit.ly/3ewjjkB

LinkedIn Profile: https://bit.ly/3AAN504

Bitcoin address: 02ddf96964b352b75dd660a56a5162bf9e76e549e31263b88ed93015e635771795

Cardano address:addr1qxwu4h9uw4ptc6jp4zzhvckcjua7nda9u5fkvmdfrge00n3dpznq9000nxdcvklpdtw320zku7eeju483l2pg6gtw3eqp8e4q6

#blockchaindxb #blockchain #blockchaindxb #bitcoin #innovation #digital #community #canada #community #opensource #mining #socialmedia #dubai #project #cryptocurrency #news #blockchaindxb #blockchain #bitcoin #cryptocurrency #bank #blockchaindxb #bitcoin #blockchain #banking #bank #technology #blockchaindxb #cryptocurrency # #blockchain #finance #blockchaindxb #fintech #cryptocurrency #btc #blockchaindxb #crypto #blockchaindxb #cryptocurrency #blo ckchain #news #blockchaindxb#blockchaindxb #blockchaindxb #cryptocurrency #people #uae #uae #project #blockchaindxb #cryptocurrency #blockchaindxb #blockchaindxb #blockchain #bitcoin #cryptocurrency

06th Aug

💥 US dollar against 6 foreign currencies! DXY Index to a new 20-year high of 110.27 What does it mean for Bitcoin?

🔴 Bitcoinist.net states that Bitcoin trades inversely to the dollar, the ongoing rally in the DXY has also resulted in lower cryptocurrency valuations across the board, here https://bit.ly/3QjJJ6n. Glassnode’s weekly insights also state that liquidity across all asset markets continues to fade this week, as persistent dollar strength pushes the DXY Index to a new 20-year high https://bit.ly/3QhcZKP Cointelegraph article https://bit.ly/3BfW3A1 has some commentary on it, price predictions based on the charts in the article are 100% right, 50% of the time!

🔵 Forbes article has mentioned that A stronger dollar is bad news for the stock market as around 30% of the revenue earned by S&P 500 companies is from markets outside the U.S., the LPL note added. Article here https://bit.ly/3Qj3sCU could this mean a bearish week ahead for Bitcoin? CoinShares blog via Medium states that there were record inflows into short-bitcoin investments totalling US$18m, definitely not good for Bitcoin https://bit.ly/3KMCJxF

👀 ETH info

DailyCoin has reported that according to Ethereum’s timeline, the “Bellatrix” upgrade will go live on the Beacon Chain on the 6th Sep, marking the first phase of the Merge https://bit.ly/3Rikfri & has some crucial information on Investors are already showing their belief that the Merge will positively impact the price of ETH. The Timelines of the merge can be found here https://bit.ly/3CUAN4e

👁️ With the Ethereum Merge date getting closer to Ethereum Classic, the original Ethereum hashrate taps an all-time high nearing 50 TH/s ahead of the merge. Article by Bitcoin.com here https://bit.ly/3THNIwh & the price of ETC is up by 13.34% in the last 24 hours

💃UK’s new Prime Minister Liz Truss is all in favour of #crypto She mentioned via Twitter in 2018 We should welcome cryptocurrencies in a way that doesn’t constrain their potential. Tweet here https://bit.ly/3CYiw60

Which side of a political party is in favour of Bitcoin, Opensource, Freedom & Cryptocurrency?

USA

✅Right Wing (Republican)

❌Left Wing (Democrats)

UK

✅Right Wing (Conservative)

❌Left Wing (Labor Party)

India

✅Right Wing ( BJP)

❌Left Wing (Congress)

👹 NFTs to Spread Terror Message

The Wall Street Journal article states that National-security analysts see a potentially dangerous platform for recruiting and funding. Article here https://on.wsj.com/3Rlskey IS-NEWS #01 NFT, is being seen as the first case of an NFT created and shared by a terrorist sympathizer. The NFT was listed on OpenSea but it has been taken down since. Cointelegraph article has more info on this too https://bit.ly/3qfZFfk

💥Two UAE news ( Slides)

⚡ UAE Theatre to share Insight into Web3 & Blockchain Developments

💡 Klickl gets Abu Dhabi Global Market (ADGM) in-principle approval to operate as broker-dealers and custody providers in virtual assets

🎙️ Listen to our Podcast here 🎙️

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LinkedIn Profile: https://bit.ly/3AAN504

Bitcoin address: 02ddf96964b352b75dd660a56a5162bf9e76e549e31263b88ed93015e635771795

Cardano address:addr1qxwu4h9uw4ptc6jp4zzhvckcjua7nda9u5fkvmdfrge00n3dpznq9000nxdcvklpdtw320zku7eeju483l2pg6gtw3eqp8e4q6

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#blockchaindxb #cryptocurrency #people #ua

🔻#BTC>$20,000 🔻#cryptomarket >1Tr & Cardano #ADA ✅

5 September 2022

05th Sep

🔻#BTC>$20,000 🔻#cryptomarket >1Tr & #ADA ✅ & ⬆️Russian Ruble’s the world’s best-performing currency & what does it mean for Bitcoin?

🐻 For the price, info see Slides No 1 & 2 below where we look at some crucial metrics such as Price, Defi, and Stable Coins, unfortunately, the crypto economy has lost over $100Billion in the last 30 days

👀Input Output (IOHK) mentioned via Twitter that Cardano’s Vasil upgrade has been confirmed for Sept. 22. Series of tweets here https://bit.ly/3RvKLNo. Increased network capacity and lower-cost transactions, an enhancement to #Plutus will enable devs to create more powerful and efficient #blockchain-based applications.

Cardano ADA — up by 3.97% in the last 24 hours & up by 12.52% since 7 days

- Does the best technology win❓

- Does the most known technology❓

📈 Russia’s ruble has rallied nearly 40% since the war in Ukraine began. The Ruble has gained against the dollar after collapsing immediately after the Ukraine invasion. Did the International Monetary Fund bailout approval help Zambian Kwacha take the Russian Ruble’s Position as World’s Best Performing? Bitcoin.com released an article explaining this https://bit.ly/3wVeqId. An important article by Bloomberg LP here https://bloom.bg/3ent9Fi The big question is where does Bitcoin fit in the New World Order?

👽 Bitcoin has not been a hedge against inflation & for its very first time in times of War. The biggest feature of Bitcoin is its Opensource nature & Censorship resistance, but sanctions can be placed on entities accepting Bitcoin or another cryptocurrency. Will the world truly be a better place with Bitcoin? International Monetary Fund has an article that actually states A crypto-based financial system would perpetuate, and even magnify, many of the problems of traditional finance. Article here https://bit.ly/3wQInJl

💢 The Pentagon’s research arm, (Defense Advanced Research Projects Agency (DARPA)), a security research organization concluded that the blockchain is not decentralized, is vulnerable to attacks and is running outdated software. Details in the report here https://bit.ly/3emru2N

💡 The only people who benefited from Bitcoin are:

- Early adopters

- Multi Billionaires & Millionaires & Celebrities

- Financial Institutions

Which country would be the leader of the New World Order

What role will Bitcoin play in the next decade?

⚽ FIFA to launch NFT platform for soccer fans

Bitcoin.com article states FIFA is preparing to open its new platform for non-fungible tokens (NFTs) later this month. Romy Gai commented that the announcement makes FIFA collectables available to any football fan, democratizing the ability to own a part of the FIFA World Cup. More info here https://bit.ly/3qcbFOU

Two UAE news( See slides)

- UAE-based startup is combining blockchain with sustainable tech to green Desert Urbie Inc.

- #Backtobasic Definition of Bitcoin & why it matters by Blockchain DXB

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Bitcoin address: 02ddf96964b352b75dd660a56a5162bf9e76e549e31263b88ed93015e635771795

Cardano address:addr1qxwu4h9uw4ptc6jp4zzhvckcjua7nda9u5fkvmdfrge00n3dpznq9000nxdcvklpdtw320zku7eeju483l2pg6gtw3eqp8e4q6

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02nd Sep!

🎙️Metaverse Everything🎙️ Meta’s Project Cambria & Presence Platform a game changer in the Metaverse?

Listen to the podcast here where we give our opinion (available by 8pm GST)

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You can also see slide no 2 below where we share some highlights of Meta’s new VR + MR headset to be released on the 25th Oct for $1,500. We at Blockchain DXB think its definitely heading in the right direction for the Metaverse industry

❓What are your thoughts on Web3.0?

⚡ Web3.0 = Gimmick to get funds from VC

⚡ Web3.0 is just Web2.0 with few tweaks

⚡ Web3.0 has a brilliant use case

See slides 7& 8 where we at Blockchain DXB share our points on Apps & Dapps that may transition to Metaverse. We are keen to explore a “Blue Ocean” a new industry to be born in the

Metaverse.

👀 What will be an ideal form of Payment & Medium of Exchange in the Metaverse?

- Bitcoin (using LN)

- Cryptocurrency

- CBDC

- Fiat currency?

5️⃣ Metaverse news from Dubai & UAE

🎓 Dr May El Barachi has a brilliant article explaining Why should the UAE’s education sector care about the metaverse? Article via Arabian Business here https://bit.ly/3RcQB6J

💖 QUINT founders donate USD 16 million to establish the QUINT Bone Marrow Transplant Centre in Dubai to Al Jalila Foundation to support Hamdan Bin Rashid Cancer Charity Hospital Official source here https://bit.ly/3cEDDzw Brilliant move!

🗣️ Blockchain DXB audio event via LinkedIn to discuss Dubai Metaverse Strategy. Latest updates & Metaverse events in the month of September & October & a few guests speakers

🎮 Pixoul Gaming Esports hub to open in Abu Dhabi. Pixoul Planet

VR will offer 10 virtual and augmented reality games, in partnership with Robocomvr via The National News here https://bit.ly/3cHg21b

🌍 All-Star Alliance aims to create a New Earth digital and physical Metaverse community that gives members access to the LifeStyle Gamification for the New Earth Creative Economy GCC Business News here https://bit.ly/3ei44M3

5️⃣ Metaverse news from Dubai & UAE

🛍️ Hermès the luxury giant reveals plans for Metaverse fashion shows, crypto and NFTs Hermès has filed trademark applications. Info via Michael Kondoudis’s Twitter feed here https://bit.ly/3cFrRFb

🗺️ Google’s immersive Street View could be a glimpse of the metaverse. Our own opinion is based on user experience with Samsung Electronics GEAR VR headset and based on the blog here https://bit.ly/3RsEB0A

😇 WAGMI Temple: An important update regarding SHIB The Metaverse https://bit.ly/3Qqtepb

🏦 Sygnum Bank is planning to open a branch in New York Times

Square but in the Virtual world. the first Swiss bank to open a metaverse hub Built on Decentraland, more info & video here https://bit.ly/3KKi4dG Vimeo

◼️ Meta’s new VR + MR (Mentioned above). More info & our commentary via Podcast

For slides click here:https://bit.ly/3Q9WAIc

LinkedIn Profile: https://bit.ly/3AAN504

Bitcoin address: 02ddf96964b352b75dd660a56a5162bf9e76e549e31263b88ed93015e635771795

Cardano address:addr1qxwu4h9uw4ptc6jp4zzhvckcjua7nda9u5fkvmdfrge00n3dpznq9000nxdcvklpdtw320zku7eeju483l2pg6gtw3eqp8e4q6

#blockchaindxb #blockchain #blockchaindxb #bitcoin #innovation #digital #community #canada #community #opensource #mining #socialmedia #dubai #project #cryptocurrency #news #blockchaindxb #blockchain #bitcoin #cryptocurrency #bank #blockchaindxb #bitcoin #blockchain #banking #bank #technology #blockchaindxb #cryptocurrency # #blockchain #finance #blockchaindxb #fintech #cryptocurrency #btc #blockchaindxb #crypto #blockchaindxb #cryptocurrency #blo ckchain #news #blockchaindxb#blockchaindxb

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#blockchaindxb #cryptocurrency

#blockchaindxb

01st Sep

🏄‍♀️ Bitcoin Beach receives $203 Million 🛠️ #BTC mining is on the verge of a new all-time high of 231 Exahash

📉 Global Cryptomarket > $1T, See slides 1 & 2

🌊🏄🏼El Salvador. Surf City Bitcoin beach receives $203 Million in infrastructure investments Official news via President of El Salvador & Bitcoin enthusiasts Nayib Bukele info here https://bit.ly/3wIAWUq would be cool to see this in Metaverse soon

👀Left-wing leaning Congressman Raja Krishnamoorthi has addressed a letter to Brian Shroder, CEO of Binance.US to review all Binance US files related to consumer safety. Letter ->https://bit.ly/3B0K5u5 In the letter he has shown strong concern about the growth of fraud and consumer abuse linked to cryptocurrencies & has requested documents by the 12th of Sep.

🔴🔵Which side of a political party is in favour of Bitcoin, Opensource, Freedom & Cryptocurrency?

USA

✅Right Wing (Republican)

❌Left Wing (Democrats)

UK

✅Right Wing (Conservative)

❌Left Wing (Labor Party)

India

✅Right Wing ( BJP)

❌Left Wing (Congress)

⚫Is Bitcoin Apolitical? In theory yes but in reality, politicians, for now, do have a massive impact on Bitcoin & Cryptocurrencies. Maybe once we achieve A separation of Money & the state. Eleanor Terrett journalist at Fox Business Network has mentioned via Twitter that Gary Gensler will be testifying in front of the United States Senate Committee on Banking, Housing, and Urban Affairs on September 15th Her tweet here https://bit.ly/3e6muiC would be interesting to hear any questions on cryptocurrency & maybe about FedNow project.

👁️Bitcoin mining is on the verge of a new all-time high of 231 Exahash. You can track the details here https://bit.ly/3ACMPMP As a rule The more hashing (computing) power in the network, the greater it’s security and overall resistance to attack. But is so much security ideal for the Bitcoin blockchain network?

⚒️The mining difficulty jumped 9.26% higher, recording the second highest difficulty rise in 2022 & and it’s now 11.63% harder to find a bitcoin block reward. You can see the change in block height of 751,968, Bitcoin.com states that Currently, the difficulty is 30.98 trillion, which is only 0.27 below the network difficulty’s all-time high (ATH) at 31.25 trillion on May 10, 2022 Article here https://bit.ly/3KyYsc4 & more info here https://bit.ly/3KyYsc4

❓Is so much security good for the network?

When the difficulty goes down, is it possible for 51% attack?

✋🏻Last month, miners in Texas suspended operations to help the energy grid and conserve energy during a heatwave — a move that likely made Bitcoin easier to mine. Decrypt https://bit.ly/3cEMy3R

❓With Ethereum on the verge of switching from POW to POS, how will the government & global elite react to Bitcoin energy mining consumption?

💥Two UAE news:

- Bitcoin Beginners Guide Session by Blockchain DXB 3-part series 09th Sep — 23rd Sep

- Ethereum Beginners Guide Blockchain DXB 09th Sep

🎙️ Listen to our Podcast here 🎙️

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Bitcoin address: 02ddf96964b352b75dd660a56a5162bf9e76e549e31263b88ed93015e635771795

Cardano address:addr1qxwu4h9uw4ptc6jp4zzhvckcjua7nda9u5fkvmdfrge00n3dpznq9000nxdcvklpdtw320zku7eeju483l2pg6gtw3eqp8e4q6

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31st Aug

🚫US Recession & impact on cryptocurrency? ⚫ Tether USDT Black Swan for Crypto?

✋🏻 Chair Jerome Powell of the Federal Reserve Board has constantly assured the people that the USA is not in recession & he may be right. The data for Employment & Labour statistic ie Demand & Supply & job market can be found via of Bureau of Labor Statistics

💸UBS though has raised the US recession odds to 60% & the analysts strongly believe the possibility of a recession in the US is increasing and this could be an important stress test for crypto. Cointelegraph article states economist Pierre Lafourcade feels the latest data showed a 94% chance of the economy contracting, but added that it “does not morph into a full-blown recession.” an interesting article on what does the recession mean for crypto prices?

👀 So what data do we look at for recession?

1) Government official data

2) Data by multi-billionaire companies & analysts?

👀 Whom do we trust with data & information?

❌ Government

❌ Multibillion-dollar companies

✅ Do your own research

❗We at Blockchain DXB strongly feel We live in a world where having loads of information is not important. Having information from 1st source is.❗

💲We strongly feel Cryptocurrencies might be heavily impacted by an economic recession but any price predictions are 100% right 50% of the time.

⚫Tether.to a Black Swan for Crypto?

The Wall Street Journal published an article that states Tether needs an audit that’s akin to a corporate colonoscopy’ & they are 100% right Article here https://on.wsj.com/3Qb3QUg the audit done by BDO Italia is definitely lacking crucial details, audit details here https://bit.ly/3pXeraz, but its still better than the 1page Pie Diagram audit they did in 2019?

⚫Tether.to has responded to Wall Street Journal ‘disinformation’ #fakenews. Blog post here https://bit.ly/3R56Nqm. It has reassured that it is committed to maintaining its role as the leading stablecoin in the market As of today out of $67.65B of stablecoins, which is 89.36% of the total crypto market 24-hour volume. USDT accounts for $51.5B

👀Our strong recommendation is to look at the audit done by BDO Italia & compare it to the audit done by Circle #USDC. Then make up your mind about which Stability you can trust. Audit here https://bit.ly/3TtDQpS The PDF version which is 783 pages long can be seen here https://bit.ly/3Rs0j4V filed with Security Exchange Commission

❓Who wins the Stablecoins race?

❓Will the FedNow project poses a threat to stablecoins & vice versa?

💥Two UAE news (Check slides for more info0

- Crypto Arabs trends number 1 in the UAE & Kuwait on Twitter

- Blockchain DXB LinkedIn Audio only events in September & October

🎙️ Listen to our Podcast here 🎙️

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LinkedIn Profile: https://bit.ly/3AAN504

Bitcoin address: 02ddf96964b352b75dd660a56a5162bf9e76e549e31263b88ed93015e635771795

Cardano address:addr1qxwu4h9uw4ptc6jp4zzhvckcjua7nda9u5fkvmdfrge00n3dpznq9000nxdcvklpdtw320zku7eeju483l2pg6gtw3eqp8e4q6

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#blockchaindxb #cryptocurrency #people #uae #uae #project

30th Aug

🩸The greatest meme of money is the $USA! 🚫FedNow to be launched in 2023 & will act as #HODL for fiat currencies?

🔻The value of the US dollar has lost more than 96% of its purchasing power since the creation of the Federal Reserve in 1913 But despite $USA losing its value over time, it is still the best-performing Fiat currency. The DXY Dollar Index has punched up to a new twenty-year high above 109.30.

👀The Federal Reserve Board updates FedNow Service timing to mid-2023, marking the beginning of full-scale pilot testing. Info here https://bit.ly/3e5FttH. Info about FedNow can be seen here https://lnkd.in/dEQ9aADh Loads of useful content on this. Vice Chair Lael B. has released a video, which states FedNow Service will be launched between May and July of 2023. Info here https://bit.ly/3AXf22o available here https://bit.ly/3wAL3KU Esther George, Ken Montgomery & Lael Brainard has an old video from 2020 on YouTube https://bit.ly/3wDMZCm but it does provide some useful information

❓❓Where does Bitcoin fit into the monetary system? The Separation of Money & the state will happen but will Central Bank Digital Currencies act as a HODL for Fiat Currencies? The current market share of Bitcoin is currently at $386 Billion a ridiculously low amount to be a threat to the $USA & for money

⚡ Will the FedNow work alongside Bitcoin & Cryptocurrencies?

⚡ Can FedNow post a threat to Bitcoin & vice versa?

⚡ Do we need stablecoins if FedNow gets mainstream?

⚡ What will be the Role of FedNow in the Metaverse?

🛠️Glassnode weekly insights mention that Bitcoin is barely hanging on. With loads of technical analysis it mentions that In aggregate, Bitcoin investors are realizing around $220M/day in net losses. Looks like the bulls are fighting an uphill battle. Info here https://bit.ly/3TtkC3N

🛠️CoinShares weekly blog via Medium states the market volumes remain very low. Bitcoin saw a third consecutive week of outflows totalling US$15m While Ethereum saw weekly inflows totalling US$3m. Ethereum has seen a 9-week run of inflows totalling US$162m Info here https://bit.ly/3CGEbiV

🎨🎭 Meta has just announced they are introducing the ability to post digital collectables ie NFT across Facebook and Instagram & one can now connect their digital wallet to either app to share their #NFTs on both. Official info via Twitter here https://bit.ly/3KwbEib

💥 Two UAE news: (Check slides )

💡 VARA issues regulations governing virtual assets marketing as the foundation for safe market participation Dubai World Trade Centre

💡 UAE’s Virtuzone to accept cryptocurrency payments via Binance Pay

For slides click here: https://bit.ly/3Kv8ATi

LinkedIn Profile:https://bit.ly/3dZ7Mtv

🎙️ Listen to our Podcast here 🎙️

Anchor: https://bit.ly/3Po8eio

Spotify: https://spoti.fi/3y3Fapq

iTunes: https://apple.co/3u4Iak7

Google: https://bit.ly/3ysvrL0

Anghami: https://bit.ly/3AiLNp5

Bitcoin address: 02ddf96964b352b75dd660a56a5162bf9e76e549e31263b88ed93015e635771795

Cardano address:addr1qxwu4h9uw4ptc6jp4zzhvckcjua7nda9u5fkvmdfrge00n3dpznq9000nxdcvklpdtw320zku7eeju483l2pg6gtw3eqp8e4q6

#blockchaindxb #blockchain #blockchaindxb #bitcoin #innovation #digital #community #canada #community #opensource #mining #socialmedia #dubai #project #cryptocurrency #news #blockchaindxb #blockchain #bitcoin #cryptocurrency #bank #blockchaindxb #bitcoin #blockchain #banking #bank #technology #blockchaindxb #cryptocurrency # #blockchain #finance #blockchaindxb #fintech #cryptocurrency #btc #blockchaindxb #crypto #blockchaindxb #metaverse #technology #technology #dubai #podcast #blockchaindxb #cryptocurrency #bitcoin #instagram #google #share

🥶 Crypto market below $1T, #BTC below $20k & #ETH below $1,500 Federal Reserve Board chair Jerome Powell gave an immersive speech in Jackson Hole, Wyoming, to deliver an update on the central bank’s fight against inflation. The amount of power the FED has over the markets is truly terrifying. The unfortunate cost to reduce inflation has a strong impact on the cryptocurrency industry. The 8min speech via CNBC ->https://bit.ly/3QZqu2V

❗The Federal Reserve Board also has useful information here https://bit.ly/3PsCXKV that explains things such as

- What is Inflation

- How does the Federal Reserve evaluate changes in the rate of inflation?

A must-visit the page

🤨Where does Bitcoin fit into all of this?

While bitcoin has not proven to be a hedge against inflation A lame article via CoinDesk that does the blame/game on inflation & does not provide any valid explanation or benefits of Bitcoin https://bit.ly/3KvI63Z Sure separation of Money & the state sounds like a brilliant idea BUT the fact the Bitcoin accumulation is in the hand of selected few. How does Bitcoin help with the dynamics of money? Maybe Bitcoin 2.0? Check out Blockchain DXB points on Bitcoin as a World Reserve Currency. still, Work in Progress here https://bit.ly/3R9UUiU Another failed article by Bitcoin Magazine with a headline that states “Bitcoin is freedom from the Fiat system’s walled garden: but gives 0 explanation on how Bitcoin helps. Instead does the easy blame/game about Software giants https://bit.ly/3KpVmXX

😡 Inflation & Climate change 🌤️?

Bitcoin.com article states European Central Bank President Christine Lagarde blames climate change for Europe’s Torrid inflation, article here https://bit.ly/3AtD2bU Original article by Madame Figaro here https://bit.ly/3CFV8KA The article also talks about how Left Wing Biden administration is following the same trend, as the recently implemented bill called the Inflation Reduction Act

🕵🏻 🔍Satoshi Nakamoto’s encoded message on Genesis block “The Times 03/Jan/2009 Chancellor on brink of second bailout for banks.” may have fallen on deaf ears. Over a decade long and the monetary system is still a failure. The separation of Money & the state will eventually happen it just might take way longer than anticipated

⚒️ Bitcoin mining difficulty set for an 8-month record gain. With the next difficult adjustment to take place in approximately 2 Days and 8 hours how much security is good security? Bitcoin mining consultancy firm BlocksBridge Consulting estimates a new ATH. Data can be seen here via BTC.com https://bit.ly/3ATQAib

👏🏻Binance signs MoU with the City of Busan to further foster Blockchain Industry Development. Details of how Binance plans to develop and foster Busan City’s blockchain sector can be seen here https://bit.ly/3pOGMzI

💥Two UAE news: (Check slides)

⚡ Abu Dhabi to launch a blockchain, virtual assets strategy

⚡ DMCC (Dubai Multi Commodities Centre) Crypto welcomes Gate.io

🎙️ Listen to our Podcast here 🎙️

Anchor: https://bit.ly/3Po8eio

Spotify: https://spoti.fi/3y3Fapq

iTunes: https://apple.co/3u4Iak7

Google: https://bit.ly/3ysvrL0

Anghami: https://bit.ly/3AiLNp5

For slides click here:https://bit.ly/3PXbiBW

LinkedIn Profile: https://bit.ly/3AAN504

Bitcoin address: 02ddf96964b352b75dd660a56a5162bf9e76e549e31263b88ed93015e635771795

Cardano address:addr1qxwu4h9uw4ptc6jp4zzhvckcjua7nda9u5fkvmdfrge00n3dpznq9000nxdcvklpdtw320zku7eeju483l2pg6gtw3eqp8e4q6

#blockchaindxb #blockchain #blockchaindxb #bitcoin #innovation #digital #community #canada #community #opensource #mining #socialmedia #dubai #project #cryptocurrency #news #blockchaindxb #blockchain #bitcoin #cryptocurrency #bank #blockchaindxb #bitcoin #blockchain #banking #bank #technology #blockchaindxb #cryptocurrency # #blockchain #finance #blockchaindxb #fintech #cryptocurrency #btc #blockchaindxb #crypto #blockchaindxb #cryptocurrency #blo ckchain #news #blockchaindxb#blockchaindxb

#blockchaindxb CNBC Arabia

26th Aug

🎙️Metaverse Everything 🎙️Will Meta Dominate the Metaverse industry? 💥Sponsorship for Blockchain DXB podcast

🎙️Listen to our Podcast here 🎙️

Anchor: https://bit.ly/3Po8eio

Spotify: https://spoti.fi/3y3Fapq

iTunes: https://apple.co/3u4Iak7

Google: https://bit.ly/3ysvrL0

Anghami: https://bit.ly/3AiLNp5

❓Question: Will Meta dominate the Metaverse industry?

👀 Slide no 3 & 4 for our opinion We strongly urge you to listen to Joe Rogan’s podcast with Mark Zuckerberg via Spotify episode link here https://spoti.fi/3ApAXh1 loads of useful information & Lex Fridman interview on YouTube here https://bit.ly/3PVtNH0

🚫Do we need Block + Chain Technology in Metaverse?

See slides no5 & 6 below as we share our opinion

& discuss Blockchain Trilemma ie Distributed/ Security/ Scalability in the Metaverse & Can we achieve all three without compromising on anyone

5️⃣ Metaverse news from Dubai

💐 For Emirati Women’s Day, WOLF partners with Dubai’s favourite florist, Bliss Flower Boutique, to bring personalised Charms to the metaverse https://bit.ly/3e11KJb

👨🏼‍💼 SEQSouq.com comes up with a salesperson avatar for Metaverse. Mr. Musky is billed as being the ‘world’s first meta salesperson’. “ Kishore Dharmarajan https://bit.ly/3KkJkiF Gulf News

💸 Blockchain DXB weekly Metaverse interviews & sponsorship information on slide no 9

🏘️ Square Yards UAE launches 3D metaverse platform for Dubai real estate https://bit.ly/3TlHEJR via MetaNews Tanuj Shori, Square Yards

🌆 Metaverse Assembly: Immense demand from the government, private companies, technology start-ups, and innovators in Web 3.0 locally and internationally- Hamad AlShirawi, DUBAI FUTURE FOUNDATION’s director of projects Museum of the Future via The The National News https://bit.ly/3TlHEJR

5️⃣ Metaverse news from the world

⚒️ ·Mark Zuckerberg to Overhaul Meta’s Metaverse App Horizon Worlds After Criticism of Its Simple Graphics, Explanations via Instagram post. Info via Bitcoin.com https://bit.ly/3RaHwe3

🤑 Metaverse Startup Ready Player Me Raises $56 Million in Series B Led by Andreessen Horowitz via CoinDesk https://bit.ly/3TcFsUV

💲 Global asset management firm Invesco US has launched a $30 million investment fund focused on all things Metaverse via Decrypt https://bit.ly/3Rh8rVT

🕺🏻 MTV Snoop Dogg and Eminem to Bring Bored Ape Yacht Club Ape NFTs to VMAs In ‘Otherside’ Metaverse Performance via Cointelegraph https://bit.ly/3Rebdeg Official Info via Snoop Dogg’s Twitter account here https://bit.ly/3AQy0aA

🎙️Mark Zuckerberg, Tells Joe Rogan That Running Facebook Sucks, Metaverse Is Better. Interesting talk on VR, and & his vision for Metaverse Joe Rogan Joe Rogan experience via Spotify episode link here https://spoti.fi/3ApAXh1

For slides: https://bit.ly/3APfyzp

LinkedIn Profile:https://bit.ly/3dZ7Mtv

Bitcoin address: 02ddf96964b352b75dd660a56a5162bf9e76e549e31263b88ed93015e635771795

Cardano address:addr1qxwu4h9uw4ptc6jp4zzhvckcjua7nda9u5fkvmdfrge00n3dpznq9000nxdcvklpdtw320zku7eeju483l2pg6gtw3eqp8e4q6

#blockchaindxb #blockchain #blockchaindxb #bitcoin #innovation #digital #community #canada #community #opensource #mining #socialmedia #dubai #project #cryptocurrency #news #blockchaindxb #blockchain #bitcoin #cryptocurrency #bank #blockchaindxb #bitcoin #blockchain #banking #bank #technology #blockchaindxb #cryptocurrency # #blockchain #finance #blockchaindxb #fintech #cryptocurrency #btc #blockchaindxb #crypto #blockchaindxb #metaverse #technology #technology #dubai #podcast