Dubai: Crypto & Coffee at 8: 🚨 15th Nov 🚨 💥 Bitcoin Cash (BCH) as legal tender in Caribbean nations ✔️ Nike (Web3 platform) .Swoosh in 2023 🔺Outflows 🔻Inflows post-FTX drama
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15th Nov 💥 Bitcoin Cash (BCH) as legal tender in Caribbean nations St. Kitts and Nevis

🔴Prime Minister Terrance Drew made that announcement while he spoke at the Bitcoin Cash 2022 conference in St. Kitts on Nov. 12. They also discuss BCH Global Merchant Adoption, a panel discussion. & quite a lot more You can watch the full video here via YouTube https://lnkd.in/dwsbBr7s

❓ Making any crypto a legal tender a good idea?

📊 Crypto market is down to $838B, almost a 60% increase since the last 24 hours. See slides 1 & 2 & check out the Crypto & Coffee at 8 Podcast where we share our opinions.

⏳ The timeline of FTX downfall will definitely be in the movie intro someday. See the timeline here by CoinDesk link here https://lnkd.in/d_Gd7BDT

✔️ .Swoosh in 2023 Apparel woke giant Nike has launched a new Web3 platform called .Swoosh it will offer Polygon-based NFT products. Decrypt reported that The .Swoosh platform is billed as the epicentre for Nike’s digital efforts around Web3. It’s designed to spotlight the brand’s NFTs and virtual apparel initiatives, including future ways for customers to become co-creators and share in digital product royalties. Article here https://lnkd.in/dK7VvXmi

🔺Outflows 🔻Inflows post-FTX drama Outflows: From exchanges to Wallet Bitcoin.com has reported that cryptocurrency enthusiasts have removed large quantities of bitcoin and ethereum from centralized trading platforms Seven-day statistics from CryptoQuant.com indicate that more than $3.4 billion in bitcoin has been removed from exchanges since Nov. 7, 2022. https://lnkd.in/dGMcaAfv

❓Will this trend continue? ❓ We are going to see alternate services that could pose a threat to “not your keys, not your crypto?

💢 Glassnode weekly insights state the digital asset industry has experienced the most shocking insolvency of a custodian since Mt Gox and the response of Bitcoin’s strongest hands & Observations of the impacts to Bitcoin’s long-term holder conviction. Some deep technical analysis Glassnode Onchain Analysis on YouTube discusses Bitcoin on-chain market analysis. Article here https://lnkd.in/dsqtrkzF

🚨Inflows: CoinShares weekly insights via Medium state that Investors see the FTX collapse as an opportunity with inflows totalling US$42m. Digital asset investment products saw the largest inflows for 14 weeks totalling US$42m. The inflows began later in the week on the back of extreme price weakness prompted by the FTX/Alameda collapse. Bitcoin was the primary focus with inflows totalling US$19m. Detailed info here https://lnkd.in/dV4Gz8Nk

❌ LinkedIn posts have been filled by “ overnight crypto experts” to withdraw funds from exchanges & the promise of overhyped web3.0

💥 Two UAE News: (See slides for more info) ⚡W Dubai — The Palm: Luxury Hotel in Dubai Accepts Shiba Inu as Payment Method ⚡ WadzPay and geidea team up to reimagine a cutting-edge payments experience for pilgrims

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