Dubai Crypto & Coffee at 8 ☕ 🚨 Dubai: 16th Feb 🚨 🔥 US Debt Ceiling 🚀 = Bitcoin 🚀 The Congressional Budget Office & its impact on the price of Bitcoin ❓ NFTs on Bitcoin Blockchain crosses 100,000
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16th Feb: Crypto & Coffee at 8 🎙️ 🔥 US Debt Ceiling 🚀 = Bitcoin 🚀 Is Bitcoin Apolitical ❓ NFTs on Bitcoin Blockchain crosses 100,000

👀 Politics and politicians heavily influence the future of Bitcoin. Their policies and regulations can, directly and indirectly, impact the direction and value of Bitcoin.

🟦 Reuters has reported that The Congressional Budget Office on Wednesday said the U.S. Treasury Department will exhaust its ability to pay all its bills sometime between July and September unless the current $31.4 trillion cap on borrowing is raised or suspended. This has caused the price of Bitcoin to 🚀 the moon.

🟦 CNN, The Extreme Left Media also reported that Congress needs to act soon to avoid catastrophic US debt default. The article here https://lnkd.in/dcUS9bT4 discusses

• Reaching the debt ceiling
• Steep increase in the deficit
• Slowing economy

🔴 How will this impact Bitcoin & Cryptocurrency? 🎙️ Listen to Blockchain DXB’s Crypto & Coffee at 8 podcasts where we share our thoughts. Link below ⚡ Anchor: https://bit.ly/3Po8eio ⚡ Spotify: https://spoti.fi/3y3Fapq

💯 Bitcoin.com states more than 100,000 ordinal inscriptions have been added to the Bitcoin blockchain since the start of the trend. Amid the growing popularity, people have launched supporting marketplaces and tools that allow individuals to inscribe without a full node.

👁️ Additionally, a decentralized Ordinal exchange is reportedly in the works. Inscriptions have increased by 1,434%. article here https://lnkd.in/dZfpUf9p

💯 This is great for Bitcoin miners as they can charge transaction fees because the Blocks are getting full!

🗞️ Gamma.io and ordinalsbot.com have created tools that allow people to mint Ordinal inscriptions onchain for an added fee on top of the network fee.

🗞️ DeGods NFTs are also now on Bitcoin Blockchain In this article by Decrypt DeGods founders Frank and Kevin explain why 535 burned Solana NFTs were inscribed on Bitcoin & what they plan to do with them. https://lnkd.in/dJZdJs6a

❗ NFT on Museums! The Centre Pompidou, the leading modern art museum in Paris, France, announced a permanent exhibition of NFTs. The museum will showcase NFTs from various global digital artists, including CryptoPunks #110 and Autoglyph #25. According to Xavier Rey, director of the French National Museum of Modern Art, the centre is pursuing its interest in digital art in connection with blockchain. Article by Cointelegraph here https://lnkd.in/dmEZD9k8

✅ Twitter new CEO Elon Musk tweeted a picture of a Shiba Inu dog, with the caption: “The new CEO of Twitter is amazing.” Following this tweet, both dogecoin and Shiba Inu surged, extending recent gains. The tweet has 108 million views https://lnkd.in/dVvq2Z5m #Dogecoin — 6% #Shibainu — 7.62%

🚨 Two UAE news (See slides) ⚡Abu Dhabi launches ‘Hub71+ Digital Assets’ to accelerate the growth of Web3 startups ⚡ OneRare launches in the UAE (Food on Blockchain)

For slides click here: https://tinyurl.com/23r6yvbu LinkedIn Profile: https://tinyurl.com/569zh78j

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