18th April: Crypto & Coffee at 8 🎙️🚀US debt ceiling 🚀#BTC) below $30k🔻, U.S. Securities and Exchange Commission) charges Bittrex👨🏼⚖️, 🚨Ripple)’s product adopted by three Japanese banks🚨
💯 #Fact): All price predictions are 100% right, 50% of the time ❗🚨Balaji S. former CTO of Coinbase) has been silent on Twitter) after his last take on ‘The Fiat Crisis’, would be interesting to see the status & dangers of Hyperbitcoinization, if that would ever happen.
🔥With the US debt ceiling the main agenda for politicians. Republican House Speaker Kevin McCarthy) denounces US debt as a ‘time bomb’ in a major New York City speech. More info via Al Jazeera English) here https://lnkd.in/duwNebZ4) He pledged on Monday to pass legislation to raise the nation’s debt ceiling — on the condition of capping future federal spending at one per cent.
🔷 The White House) has strongly criticized the announcement. Biden and White House officials have called on Congress to approve a debt ceiling increase without conditions.
♦️ Peter Schiff) has put an excellent blog on his website ‘Joe Biden Is Mucking Up the “Inflation Fight’ here https://lnkd.in/dw2S-vdQ) & Q1 Gold Demand in China Hit Highest Level Since 2019 but are interesting to read as it states China ranks as the world’s biggest gold market. https://lnkd.in/dWFS649F)
🎙️ Where does Bitcoin fit into this and in the world of De-dollarization? Check out Blockchain DXB)s Crypto & Coffee at 8 podcasts where we share our opinions and thoughts on this. We discuss.- Hyperbitcoinization & its dangers- De-dollarization- A new version of Bitcoin?
🔴 SBI Remit Co., Ltd.), the remittance-focused arm of the Japanese financial services conglomerate SBI Digital Asset Holdings) has added support of its mobile MoneyTap) application to three local banks, includingYamaguchi Bank, Momiji Bank and Kitakyushu Bank, SBI Remit was announced on April 17. Official news in the Japanese language here https://lnkd.in/db3BzBVS) Cointelegraph) has a brilliant summary in English here https://lnkd.in/drGyX2ev)
🔵 U.S. Securities and Exchange Commission) mentioned via Twitter) that they charged the crypto asset trading platform Bittrex). and its co-founder and former CEO William Shihara for operating an unregistered national securities exchange, broker, and clearing agency. Official article here https://lnkd.in/dcc3QjUg)
🔹 Bittrex Global) GmbH has also been charged for failing to register as a national securities exchange
🟦 Gurbir Grewal), Director of the SEC’s Division of Enforcement said that “We allege that Bittrex repeatedly chose profits over investor protection,”
🟠 Two UAE news: (See slides for more info)⚡ ADIB — Abu Dhabi Islamic Bank) becomes the first Islamic bank to go live on the KYC Blockchain Platform⚡ LandVault) teams up with Super League Gaming) for the Metaverse
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