Dubai Crypto & Coffee at 8 ☕ 🚨 Dubai: 23rd March 🚨 25-basis points hike announced by FED 🟠 Hyperbitcoinization a possibility? 🔴 SEC goes after Coinbase of Justin Sun, founder of Tron
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23rd March: Crypto & Coffee at 8🚨 25-basis points hike announced by Federal Reserve Board) 🟠 Is Hyperbitcoinization a possibility? 🔴 Security Exchange Commission) goes after Coinbase) & H.E. Justin Sun 🇬🇩 from Tron

👀 The banking crisis in the USA fails to pause the FED rate hike Jerome Powell announced 25 basis points, at the FOMC meeting, official news via YouTube here https://lnkd.in/dK-zAPrr). The labour market is definitely looking good in the USA. Federal Reserve Board & Federal Deposit Insurance Corporation (FDIC) have saved the USA’s banking crisis.

🔴 Republicans are requesting Fed and FDIC oversight records for failed Silicon Valley Bank and Signature Bank, article by CNBC here https://lnkd.in/dGjf_z9m)

👁️ What kind of an impact will this have on the price of #bitcoin), #cryptocurreny) and the global market? The global crypto market cap is down since the announcement of $1.16T. See slides 1 & 2 below and check out Blockchain DXB)s Crypto & Coffee at 8 podcasts where we explore this area in detail

❗Hyperbitcoinization❗👎🏻 Balaji S. former CTO of Coinbase) is hoping for Hyperbitcoinization & a bank run in the next 90 days. A very unlikely scenario.🚨 #fact) The only reason Bitcoin maximalists and crypto enthusiasts want Hyperbitcoinization is in doing so the value of Bitcoin will increase and their own existing net worth in Bitcoin & Crypto increases.

🔥 War on Crypto🔻 Brian Armstrong), Co-Founder & CEO of Coinbase) mentioned via Twitter) that Coinbase received a Wells notice from the SEC focused on staking and asset listings. A Wells notice typically precedes an enforcement action. Tweet here https://lnkd.in/ddgPX5Tq)

🔹 MarketWatch) has reported that Coinbase stock sinks 16% after crypto exchange discloses SEC warning. Article here https://lnkd.in/dGzssgsh)

🔹 Catherine Wood) of ARK Investment Management LLC) sold $13.5M Coinbase) shares After Steady Buying Streak

⚖️ Tron Founder Justin Sun is sued by U.S. Securities and Exchange Commission) on Securities, on market manipulation charges. As per an article by CoinDesk) The regulator alleged TRX and BTT are unregistered securities, and claimed Sun created an “extensive wash trading” program to boost their trading volume. Official filing here https://lnkd.in/d-iDGXz9)

📲Telegram Messenger) announced USDT stablecoin Payments on Tron Network. Users can now send Tether’s TRC20 to Telegram contacts. Users can now send each other Tether’s stablecoin. The messaging app informed its customers that the wallet function now supports USDT-TRON, better known as TRC20. Decrypt) article here states Telegram will only support the asset on Tron TRC20. Article here https://lnkd.in/dtRjTsqn)

🟠 Two UAE news ( See slides)⚡ AmiViz) inks new partnership with PolySwarm) for the Middle East⚡ Switzerland’s digital asset bank Sygnum Bank) opens Middle East hub in Abu Dhabi

For slides click here: https://tinyurl.com/mvvzef8s)

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