18th Dec: Blockchain DXB) Podcast🚨FOMC meeting today = Bitcoin🔻 🟠Bitcoin-to-Gold Ratio🚀Tether.io) invests in MiCA-compliant StablR) 🔵 FCA proposes stricter UK crypto rules🚨Federal Reserve Board) chair Jerome Powell will make an announcement regarding the interest rate today at 2:30 pm ET, in anticipation of this news the price of hashtag#BTC) and hashtag#CRYPTO) has gone down as Whales and Traders use this as an opportunity to manipulate the market. We strongly recommend listening to live speech via YouTube) regarding the Fed chair's decision🟠 Bitcoin's value relative to gold has reached a historic high, with one Bitcoin now able to buy 37.3 ounces of gold. This marks a significant shift in how Bitcoin is viewed as a store of value, surpassing its previous peak of 36.7 ounces during the 2021 crypto bull run. The increase in the Bitcoin-to-gold ratio is seen as a result of growing institutional adoption and Bitcoin’s maturation as an asset class, driven by trends like ETF inflows. Despite this, traders still favour gold in times of uncertainty, as Bitcoin's correlation with traditional markets has increased. Bitcoin’s limited supply contrasts with gold's continuous mining, with Bitcoin offering higher potential returns despite more volatility. Detailed info via Decrypt here https://shorturl.at/3RjBP)🎙️ Check out the Blockchain DXB) episode we share our commentary on this🟢 Tether.io) has invested in Malta-licensed stablecoin firm StablR) Press release here https://shorturl.at/Wk65d)The investment aligns with the EU's MiCA regulations, which come into effect on December 30th. StablR offers fully regulated stablecoins, EURR and USDR, and plans to use Tether's Hadron platform to improve liquidity and reduce transaction costs. The stablecoins are compliant and backed by a Malta EMI license, with integration on Ethereum and Solana. This partnership aims to enhance the European stablecoin market's accessibility and transparency.🏦The Financial Conduct Authority) is seeking feedback on its plans to improve the transparency and integrity of the UK’s crypto markets. Through its Discussion Paper DP24/4, the FCA proposes stronger controls for crypto firms, including requirements for disclosures and market abuse regimes to reduce fraud and improve decision-making. It encourages industry input to develop clear, effective disclosure methods and ensure people understand the risks of crypto investments. The FCA aims to create a fair and balanced crypto regulatory framework and invites feedback until March 14, 2025. While regulations evolve, crypto remains largely unregulated and high-risk in the UK. Official info here https://shorturl.at/SkaTD)🟠Two UAE news⚡ DMCC (Dubai Multi Commodities Centre)) Metaverse launched to drive Web3 engagement⚡ Halo AI launches services in Saudi Arabia
For slides click here: https://shorturl.at/2Olc6)
LinkedIn Profile: https://tinyurl.com/bdeevbru)
To support this channel:
https://www.patreon.com/BlockchainDXB
⚡ Buy me Coffee ☕
⚡ Advanced Media https://www.amt.tv/)
⚡Spartan Race Trifecta) in Dubai
https://race.spartan.com/en/race/detail/8646/overview
For 20% Discount use code: George20)
⚡ The Race Space Podcast 🎙️
Instagram: @theracespoacepodcast
⚡ Ledger Wallet 🔑
⚡ Bitcoin address: 02ddf96964b352b75dd660a56a5162bf9e76e549e31263b88ed93015e635771795