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cover of episode Dubai: Crypto & Coffee at 8: 🚨 21st Sep 🚨 📢Interest Rate Hike announcement📢 Crypto market cap is $926.78B ℹ️ Ethereum + Bitcoin info ❓What would the interest rate hike be?💥 Two UAE news!

Dubai: Crypto & Coffee at 8: 🚨 21st Sep 🚨 📢Interest Rate Hike announcement📢 Crypto market cap is $926.78B ℹ️ Ethereum + Bitcoin info ❓What would the interest rate hike be?💥 Two UAE news!

2022/9/21
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Blockchain DXB

Shownotes Transcript

21st Sep 📢Interest Rate Hike announcement📢 Global crypto market cap is $926.78B🔻

👨🏼‍⚖️ Federal Reserve System Board chair Jerome Powell will announce the interest rate hikes later today. This could sway the price of Bitcoin & Cryptocurrency in either a positive or negative way.

⁉️With mid-term elections taking place on the 8th of November, what would the interest rate hike be? -100 basis points

  • 75 basis points
  • 50 basis points
  • Other

👀 Is Bitcoin truly Apolitical?

We at Blockchain DXB have a session next month we discuss PESTLER analysis on Bitcoin ie P- Political E- Economical S- Social T- Technological L- Legal E- Environmental R- Religious

🙄Accumulation of Bitcoin is among the multibillionaires vs Average individual

  • MicroStrategy buys 301 more Bitcoins & official details can be found through Security Exchange Commission filing here https://bit.ly/3UodYMy The multi-billion dollar company now holds almost 130K CoinDesk article here confirms The software company purchased the additional coins at an average price of $19,851. https://bit.ly/3DHC3rU

✋🏻 Human Greed + Game theory + Supply of Bitcoin (Fixed) = Makes Bitcoin not an ideal form of money. With over 90% of supply among early adopters, multibillionaires, celebrities & multi-millionaires, will bitcoin ever succeed in playing a pivotal role in the separation of Money and the state?

ℹ️ Ethereum + Bitcoin info

  • Glassnode weekly insights The Merge: A Feat of Engineering talks only about Ethereum no info on Bitcoin probably for the very first time! Is this the sign of Ethereum flippening bitcoin?

CoinShares weekly blog via Medium states

  • Post-Ethereum Merge flows indicate continued caution amongst investors with the 4th week of outflows totalling US$15m.
  • Bitcoin saw inflows totalling US$17m, the first inflows following a 5-week run of outflows that totalled US$93m.

See our slides 1& 2 where we discuss market share, 24-hour trading volume & Dominance between #BTC & #ETH on a daily basis. Price info via CoinMarketCap. We are tracking the price movements a few hours before the interest rate hike is announced, during the live event & few hours after the announcement of the interest rate hike as we strongly feel this news could determine the price for the rest of the month

💥 Two UAE news ( See slides below) ⚡ Dubai Police HQ, Al Ameen Service held online gaming and metaverse at the forum — on 19th Sep at Museum of the Future ⚡ HSBC executes the first blockchain transaction for Middle East’s automotive sector (Is it really Blockchain technology though?)

🎙️ Listen to our podcast here we discuss why it is not Blockchain technology & also AMA for the here Anchor: https://bit.ly/3Po8eio Spotify: https://spoti.fi/3y3Fapq Google: https://bit.ly/3ysvrL0 Anghami: https://bit.ly/3AiLNp5

#blockchaindxb #cryptocurrency #bitcoin

For slides click here: https://bit.ly/3Lx0aeG

LinkedIn Profile: https://bit.ly/3AAN504

To help support the channel click the links below

⚡Startup Oi startup oi is a global one-stop platform for tech. Link here: https://bit.ly/3f46zC5 ⚡Rise in Obstacle Course Race Podcast (Launching soon) Support the channel, Support the Athletes! Instagram: - Podcast info: @theriseinocr - Podcast Host: @am_aminoo_ - Podcast Host: @black_incarnation For sponsorship inquiries or to get featured drop an email to [email protected] ⚡Vertex Events organized the 1st Ever Blockchain Summit in the History of the World EXPO on 10–11 October 2021 at Dubai Expo 2022. Link here https://vertexgroup.ae ⚡Not your keys, Not your Crypto! https://shop.ledger.com?r=ae54df359c4d

Bitcoin address: 02ddf96964b352b75dd660a56a5162bf9e76e549e31263b88ed93015e635771795

Cardano address:addr1qxwu4h9uw4ptc6jp4zzhvckcjua7nda9u5fkvmdfrge00n3dpznq9000nxdcvklpdtw320zku7eeju483l2pg6gtw3eqp8e4q6 #blockchaindxb #cryptocurrency #merge