Dubai Crypto & Coffee at 8 ☕ 🚨 Dubai: 20th March 🚨 📊 Google Trends for ‘Banking Crisis’ 100 🚀 Bitcoin 🚀 BlackRock mentions digital assets 👀 DefiLlama Fork
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20th March: Crypto & Coffee at 8📊 Google) Trends for ‘Banking Crisis’ 100 🚀 Bitcoin 🚀 BlackRock) mentions digital assets 👀 DefiLlama Fork

🔥 Bitcoin: A movement towards the separation of Money and the state as ‘Banking Crisis,’ ‘Bank Runs,’ Skyrocket in Google) Trends. On March 13, 2023, the search term “banking crisis” reached the top Google Trends score of 100 for the financial troubles of Silicon Valley Bank), Signature Bank), and Signature Bank)

👀 Fourteen years ago, the Bitcoin genesis block shared a message: “The Times 03/Jan/2009 Chancellor on the brink of the second bailout for banks.” right now we are facing fallout from the second-largest banking collapse in U.S. history. The prices of #btc) have pumped up to the moon, the market cap crossed half a Trillion again🔴 Coinbase)’s former CTO Balaji S. has predicted that Bitcoin will reach $1 million within 90 days due to hyperinflation in the United States. Historically NONE of the predictions has come true. Tweet with details here https://lnkd.in/diFxduXW)

📛 Swiss banking giant Credit Suisse)⚡ Reuters) has reported that Swiss authorities may impose losses on Credit Suisse bondholders but a UBS takeover of Credit Suisse before financial markets reopen on Monday is possible Article here https://lnkd.in/dhFqUQCs) 

⚡ Bloomberg) has reported that Switzerland Weighs Full or Partial Credit Suisse Nationalization https://lnkd.in/dFNdCqKf), updated the report later states The Swiss National Bank has offered UBS) Group AG around $100B in liquidity to help it take on the operations of Credit Suisse Group AG 

⚡ Cointelegraph) has just reported that UBS Group agrees to $3.25B ‘emergency rescue’ of Credit Suisse Swiss authorities agreed to change the country’s regulations to bypass a shareholder vote and announce the deal over the weekend. https://lnkd.in/dn-hSc5n)

🎙️ Check out the Blockchain DXB) podcast where we explore this in detail and share thoughts on Bitcoin in this matter

📛 CEO Larry Fink) of BlackRock) in his Annual Chairman’s Letter to Investors shared developments that are happening in the digital asset space Official filing with the Security Exchange Commission) here https://lnkd.in/d7P4S9SB) He stressed the U.S. is lagging behind in innovation, leaving the cost of payments much higher. Whereas in countries like India, Brazil and parts of Africa are witnessing dramatic advances in digital payments, bringing down costs and advancing financial inclusion. The letter also mentions the need for regulation in this market.

👁️ The DefiLlama team is forking Defillama: An internal dispute, A disagreement over the launch of a LLAMA token led core employees to fork the DefiLlama blockchain on March 19. Apparently, The person who controls both defillama’s Twitter and domain has decided to launch a token despite everybody in the team not wanting it. Now we have!- https://llama.fi/)- https://defillama.com/) 

Two UAE news: Two events by Blockchain DXB) (See slides)

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