Dubai Crypto & Coffee at 8 ☕ 🚨 Dubai: 04th May 🚨 🚨FOMC: 25bps 🔻bitcoin🔻 Binance BUSD market cap🔻 Robert F. Kennedy Jr, crypto-friendly President? 👀 Balaji Srinivasan market manipulation ?
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May the 04th be with you: Crypto & Coffee at 8🚨FOMC: 25bps 🔻bitcoin🔻 Binance) BUSD market cap🔻 Robert F. Kennedy Jr, crypto-friendly President? 👀 Balaji Srinivasan). closes Bitcoin bet of $1m ❗PEPE the meme coin king❗

💥Federal Reserve Board) chair Jerome Powell started the FOMC meeting by saying that “Conditions in the banking sector have improved since early March & the US banking system is sound and resilient” followed by an increase in an interest rate hike by 25pbs. We strongly recommend watching the full video here https://lnkd.in/d6gYaC_Q) Some crucial Q & A session about the First Republic, Federal Deposit Insurance Corporation (FDIC)

🔥 How did Bitcoin react to the news?- BTC was down about 1% after the announcement, it’s important to note its the10th rate hike in over a year- Binance BUSD market cap is now below $6B, reduced by over 50% since the last 3 months

🚨 Check out Blockchain DXB)s crypto & coffee at 8 podcasts where we cover this news in detail

🔥Democratic presidential candidate Robert Kennedy Jr. is criticizing The White House) effort to establish a 30% tax for crypto mining in the U.S.the latest presidential candidate and a member of one of the most famous U.S. political families raised a number of crypto issues in his newly announced campaign to challenge Joe Biden. He also mentioned via Twitter “Cryptocurrencies, led by bitcoin, along with other crypto technologies are a major innovation engine”. and more here https://lnkd.in/dr99-_GQ) More info via CoinDesk) here https://lnkd.in/dTeq2cqN)

👀 Market manipulation by Balaji S.?Balaji S. former CTO of Coinbase on May 02nd said the bet had been “closed out by mutual agreement” 45 days ahead of time. Details via his Twitter here https://lnkd.in/di_CGN_H) Could this have been market manipulation by him all along? Security Exchange Commission) U.S. Securities and Exchange Commission)

Time line of price per #BTC)17th March $24,628 (Open bet)02nd May $28,638 (Close bet)- 1st Create demand by publicly announcing the bet- 2nd People buy Bitcoin (based on his bet)- 3rd Price of Bitcoin increase- 04th Balaji S. existing net worth in #BTC) increases- 05th Close the bet ( pay more, blame the government, act concerned for the economy, take the profit & chill)

🔥 PEPE the new meme coin king!It has skyrocketed 2300% in the last 30 days & surpassed Dogecoin In Trading Volume. it has also entered the market’s top 100 largest cryptocurrencies, with a market capitalization of $582 million. Even Google) trend score for “pepecoin” surged from 3 to 100 from the week of April 9 to the week of April 16.

❗ The reason for this is maybe due to listing on several cryptocurrency exchanges, such as OKX), Huobi), Gate.io), and MEXC Global). 

🚨 2UAE news ( see slides)⚡ Dubai Regulator Reprimands Open Exchange (OPNX)) Founders for Conducting Unregulated Activity⚡ Gulf’s first AI-powered learning hub Healthvarsity) for health professionals launch in Dubai

For slides click here: https://tinyurl.com/4cc4e9ct)

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