Dubai Crypto & Coffee at 8 ☕ 🚨 Dubai: 26th June 🚨 🟠 Bitcoin Leveraged ETF 🤔 J.P. Morgan JP Coin (Software NOT Blockchain) live in Europe 🚀 #BCH & #PEPE to the moon 💰 SK $5.3 B investment in AI
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26th June: Crypto & Coffee at 8🟠 Bitcoin Leveraged ETF 🤔 J.P. Morgan) JP Coin (Software NOT Blockchain) live in Europe 🚀 #BCH) & #PEPE) to the moon 💰 South Korean $5.3 B investment in AI

🟠 Volatility Shares 2x Bitcoin Strategy ETF (BITX) is scheduled to launch on the Chicago Board Options (CBOE) BZX Exchange next Tuesday, June 27. On the 23rd, the U.S. Securities and Exchange Commission) approved the first leveraged Bitcoin futures exchange-traded fund (ETF). Official filing here https://lnkd.in/dQBjsbsV)

❗ What the Falafel is a Bitcoin Leveraged ETF?🔸 Decrypt) has mentioned that The BITX fund will be a leveraged ETF.- Leveraged funds use debt or financial derivatives in this case, Bitcoin futures- As leverage to amplify the returns of a benchmark index.- Leverage can mean short-term gains for investors, but it can also lead to big losses.

🎙️Check out Blockchain DXB)’s Crypto & Coffee at 8 podcast where we explain what is the ETF that goes live on 27th June & the impact on the price of Bitcoin & Cryptocurrencies. We also give our commentary on #defi) #stablecoins) & more.A bitcoin spot ETF, however, would invest in the digital currency directly.

🔵 J.P. Morgan starts Euro Blockchain Payments for Corporates ( with software NOT Blockchain) More info via Bloomberg) https://lnkd.in/dCsZXTyW)

❌ The JPM Coin transaction was conducted by Siemens AG), the large Germany-based conglomerate, in a Euro-denominated payment on JP Morgan’s “permissioned” blockchain. Important to note JPM Coin is only made available to its institutional clients, and only for settling payments. This was the first Euro-denominated JPM Coin transaction.

✖️ The project is now four years old, & transactions made using the JPM Coin add up to about $300 billion. According to JP Morgan, it processes about $9.8 trillion in daily payments.

❌ What is the difference between Open Blockchain & Permissioned Blockchain?Andreas M. Antonopoulos) has a great video explaining The Pillars of Open Blockchains via YouTube here https://lnkd.in/dQCADsSU)- Open Source (JP Coin ❌ )- Permissionless (JP Coin ❌ )- Censorship resistant (JP Coin ❌ )- Neutral (JP Coin ❌ )- Borderless (JP Coin ❌ )- Publicly verifiable (JP Coin ❌ )

💰 Yahoo Finance) has reported that Amid the explosive growth of the AI industry, South Korean mobile giant KT formerly known as Korea Telecom has asserted its position as a frontrunner in the sector, announcing its plan to invest $5.3 billion (7 trillion won) in AI service research and development over the next five years. Article here https://lnkd.in/dyB4Ypi5) & official news report here https://lnkd.in/dDWVfM7n)

🚨 Two UAE news (See slides)⚡ VARA Publishes Clarification and Further Information on Fees⚡ SDAIA | سدايا) harnesses AI system to facilitate pilgrims’ entering procedures into Saudi Arabia to perform Hajj#blockchaindxb)

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