Dubai: Crypto & Coffee at 8: 15th June 💥Coinbase lays Off Around 1,100 Employees
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15th June

😨Bitcoin Fear & Greed Index is 7 = Extreme Fear!,

⛔The market cap of Bitcoin slides down to $405B -CoinMarketCap

💥Coinbase lays Off Around 1,100 Employees

🤦🏼‍♂️Bitcoin Mining hashrate! (Not ideal)

🚨Imagine having bought Bitcoin at $69,000 at its ATH, the price is down to less than $22,000. The general understanding amount the population of Bitcoin is weak. Check out the Blockchain DXB website here https://bit.ly/3QgMGFO we explain what Bitcoin is at a basic level Jamesson Lopp CTO of Casa Inc. has the best educational content on Bitcoin here https://bit.ly/3Hn5wHo Understanding the tech could help increase the Fear & Greed Index?

Check out our slide No 2below for breakup for price of Bitcoin & top #cryptocurrencies #defi #nft #metaverse

💥Coinbase is reducing its workforce by roughly 18% The reason is to stay healthy during this economic downturn Brian Armstrong, the CEO did admit the company “grew too quickly.” Some important information via their blog here https://bit.ly/39q0vkS. Managing expenses & increasing efficiency are the main reasons why the decision has been made. Fair point

⚒️Bitcoin Mining hashrate broke a new all-time high — Terrible situation. Having security is great but too much security is pointless! The only reason for mining hashrate is going high is because people are competing for newly mined bitcoin. With economies of scale it becomes next to impossible for an average person to mine #BTC Bitcoin Magazine finally has an excellent article that shares some useful info on this too https://bit.ly/3HoFWBA. The artcile also mentioned Stephan Livera Podcast (Bitcoin OG) definitely worth listening to Also available on YouTube here https://bit.ly/3xNQSWl What happens when Abu Dhabi starts mining underground as it aims to have 25% of current Bitcoin mining operations set up 😐 YCharts explains that bitcoin mining hashrate is at 219.79M TH/s as of Jun 14.Info here https://bit.ly/3mNhkJl

👿Andrew Bailey, The Governor of the Bank of England has never been a fan of Bitcoin, Stables coins — Yes. He has reiterated his warning about cryptocurrency investing after U.S. crypto lender Celsius Network abruptly froze withdrawals. Info via Bitcoin.com here https://bit.ly/3mNhkJl Meanwhile Celsius Network is currently seeking help from restructuring lawyers over financial hardship! Info via The Wall Street Journal here https://on.wsj.com/3xT5XWT

❓❓❓With Deglobalization & New World Order set by the elite. in the next months, years, maybe decades How will Bitcoin A peer-to-peer electronic cash system fit in?

UAE news: (Check slides for more info)

• Mubasher to launch digital currency trading platform

• UAE-India trade deal to encompass AI, blockchain, and fintech

For slides click here:https://bit.ly/3aXh0oM

Bitcoin address: 02ddf96964b352b75dd660a56a5162bf9e76e549e31263b88ed93015e635771795

Cardano address:addr1qxwu4h9uw4ptc6jp4zzhvckcjua7nda9u5fkvmdfrge00n3dpznq9000nxdcvklpdtw320zku7eeju483l2pg6gtw3eqp8e4q6

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