19th Dec: Blockchain DXB) Podcast🚨Fed reduces interest rate 25bps BTC reacts🔻 Sui Adds Bitcoin Restaking via SatLayer) ⚡Lightning Fintech ouZBD in EU 📈 Solana record transactions🚨 Federal Reserve Board) Chair Jerome Powell announced a reduction in interest rate by 25bps & also reduced security holdings. We strongly recommend watching his speech via YouTube here https://lnkd.in/dW3Puu5D)🔻Interest down = Price of BTC & Crypto 🚀🛑 Interest rate unchanged = Price of BTC & Crypto 🚀🔼Interest Increase = Price of BTC & Crypto 🔻So where are the prices going down? Check out the Blockchain DXB) episode for today we share our commentary on this & more. Notorious trades and whales are temporarily manipulating the market. The 24-hour Stablecoin volumes are looking great & this means many stablecoins will be converted to buying hashtag#BTC) & Crypto⚡ ZBD), formerly known as Zebedee, has been approved by the Dutch regulator AFM to receive a MiCA license, allowing the Bitcoin Lightning-powered payment platform to offer crypto custody and exchange services throughout the European Union. The license is set to take effect on Dec. 30. While the Netherlands is actively preparing companies for the full implementation of the Markets in Crypto-Assets (MiCA) regulation, many other EU member states still need to pass the necessary legislation for MiCA to take effect within their jurisdictions.🟠 SatLayer) - Defi for BitcoinBitcoin Restaking Comes to Sui with SatLayer Integration Info via Decrypt) here https://shorturl.at/vT6fY)💡 SatLayer has integrated with Sui, enabling developers to secure DeFi apps using Bitcoin's market strength and Sui’s fast transactions. Deployed on Babylon, SatLayer rewards Bitcoin staking while enhancing network security with programmable slashing. Binance supports Babylon staking, and both platforms have raised significant venture funding, with $6 billion worth of Bitcoin already committed.📈 Solana Hits Record High with 66.9M Daily Transactions Following Pengu Token Launch.💯 The launch of PENGU, the native token of the Pudgy Penguins NFT project, drove Solana’s daily transactions to a record 66.9 million, surpassing the combined activity of all major blockchains. Solana also led in daily decentralized exchange trading volume and active addresses but trailed Base, Ethereum, and Tron in stablecoin transfer volume. The PENGU airdrop saw over 100,000 claims within the first hour and 4.7 million website views, reinforcing Solana’s popularity among retail investors during the ongoing crypto bull run.🟠 Two UAE news (See slides)⚡Harvard organises international conference on AI transformative potential, challenges in Dubai⚡ OmniOps) secures $8mln in funding to scale its AI infrastructure productsFor slides click here: https://shorturl.at/NxoQP)
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