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cover of episode Dubai: Crypto & Coffee at 8: 🚨 22nd Sep 🚨 🔻Fed announces interest rate hike75bps ⚡ Royal family of Dubai company partners with CoinCorner to facilitate Bitcoin in UAE!

Dubai: Crypto & Coffee at 8: 🚨 22nd Sep 🚨 🔻Fed announces interest rate hike75bps ⚡ Royal family of Dubai company partners with CoinCorner to facilitate Bitcoin in UAE!

2022/9/22
logo of podcast Blockchain DXB

Blockchain DXB

Shownotes Transcript

22nd Sep 👹Global Crypto market down to $896B 🔻as Federal Reserve Board announces interest rate hike of 75bps🔝

👨🏼FOMC Press Conference was live via YouTube, and Jerome Powell announced the interest rate hike. https://bit.ly/3LAc8nD. See slides 1 & 2 below & check the Blockchain DXB podcast here to get our commentary on it.

🎙️ Links for podcast here : Anchor: https://bit.ly/3Po8eio Spotify: https://spoti.fi/3y3Fapq Google: https://bit.ly/3ysvrL0 Anghami: https://bit.ly/3AiLNp5

🗞️ CNBC reported that Hong Kong stocks falls 2% after Federal Reserve raises rates info here https://cnb.cx/3UxYRjB & Article here https://cnb.cx/3BWqpbg share more information about the impact on Japan, South Korea, China & more Luckily Australia’s market was closed for a holiday

📰 Seeking Alpha mentions Bitcoin and ether slide in a volatile session after Feds. In the article GlobalBlock analyst Marcus Sotiriou states that Raising rates is negative for crypto as it becomes expensive to borrow. Article here https://bit.ly/3LCjNBZ

🔴Cardano ADA upgrade is still on schedule despite the price doing down for the last 24 hours Ledger has mentioned via their support Twitter account that they are ready for the Vasil upgrade tomorrow. What is your expectation from the upgrade?

  • Price pumps
  • Price dumps further?

⬛Possible Black Swan event for crypto? 😨 Decrypt has reported that A judge in New York has ordered stablecoin Tether.to to produce financial documents proving the dollar backing of USDT, as part of a lawsuit alleging the firm manipulated crypto markets. They have been ordered to release “general ledgers, balance sheets, income statements, cash-flow statements, and profit and loss statements” Article here https://bit.ly/3Lxoc9g & official order here https://bit.ly/3qZR150

🐈‍⬛Tether.to has responded via their website & claims it to be a meritless case A two-paragraph (6 lines to be precise) explanation can be found here https://bit.ly/3S5RuhU. Would be really interesting to revisit the 1st audit report presented by the team ( 1page pie diagram) This was in 2021 https://bit.ly/3BYSoXD An interesting article via Medium here too https://bit.ly/3UuDBex

👏🏻OpenSea, the largest non-fungible token (NFT) marketplace has made some announcements here https://bit.ly/3LvVkhO 1) Chain Expansion 2) Internationalization ie language support in Chinese, Korean, Japanese, French, Spanish, and German. Blog here & in the previous blog here https://bit.ly/3qVElvJ mentioned An Immersive and Secure Minting Experience. A new The New Drop Experience on OpenSea, Dedicated Drop Pages, Sea Drop — a new, open-source smart contract, Minting, Allowlists.

💥 Two UAE news: (See slides below)

⚡ Royal family of Dubai company Seed Group, partners with CoinCorner to facilitate Bitcoin transactions in the UAE. ⚡Blockchain DXB: List of educational events in October: Bitcoin, Ethereum, NFTs, Central Bank Digital Currencies, Stable Coin, Metaverse & more

For slides click here: https://bit.ly/3C2pNB3

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

To help support the channel click the links below

⚡Startup Oi Link here: https://bit.ly/3f46zC5

⚡Rise in Obstacle Course Race Podcast (Launching soon) Instagram:

  • Podcast info: @theriseinocr
  • Podcast Host: @am_aminoo_
  • Podcast Host: @black_incarnation For sponsorship inquiries or to get featured drop an email to [email protected]

⚡Vertex Events Link here https://vertexgroup.ae

⚡Leder Wallet! Not your keys, Not your Crypto! https://shop.ledger.com?r=ae54df359c4d

Bitcoin address: 02ddf96964b352b75dd660a56a5162bf9e76e549e31263b88ed93015e635771795

Cardano address:addr1qxwu4h9uw4ptc6jp4zzhvckcjua7nda9u5fkvmdfrge00n3dpznq9000nxdcvklpdtw320zku7eeju483l2pg6gtw3eqp8e4q6

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