12th April: Crypto & Coffee at 8 🎙️
🔥 CPI / Inflation numbers 💡 Ethereum Shangai Upgrade 🌐World Regulators are looking at DeFi 🔻 Binance BUSD market cap: Less than 50%

📊 Inflation numbers will be out later today. The official link to track is via the Bureau of Labor Statistics here https://lnkd.in/dvszVTUw
🚨 Reuters article states Dollar dips ahead of inflation data due Wednesday the article states the Federal Reserve Board is seen as likely to hike rates by an additional 25 basis points at its May 2–3 meeting, before pausing in June. here https://lnkd.in/dP9DwSga
What impact will this have on the price of Bitcoin & crypto?

🟠 CoinShares weekly blog via Medium states last week saw Positive sentiment with inflows of US$57m. Bitcoin saw US$56m of inflows, representing 98% of all inflows. The blog also states Despite the Shapella upgrade occurring on the Ethereum network today ie 12th April, inflows have been relatively minor at US$0.6m.

❗ Ethereum Shangai Upgrade❗
The Shanghai upgrade is expected on Wednesday at 22:27 UTC (6:27 p.m. ET) Check out Blockchain DXBs Crypto & Coffee at 8 podcasts where we explore this in detail also discuss Binance BUSD market cap & more

🔴 Shapella upgrades for Ethereum will finally be implemented on the mainnet on April 12. This will enable those who staked their ETH to withdraw their coins for the first time. Marc-Thomas Arjoon, CFA has an excellent blog here https://lnkd.in/duj_Cc-2 explaining the details.

💻 CoinDesk has shared a list of Watch parties

- EthStakers live steam YouTube here https://lnkd.in/dd9EKeSu
- Nethermind live stream here https://lnkd.in/dzdPrEcf
- The Ethereum Cat Herders https://lnkd.in/dd9EKeSu

🟠 Glassnode weekly insights look at cohorts of stakers, and assess the potential sell-side pressure which may occur due to the unlock event. Article here https://lnkd.in/dxBn9zdH

👀Defi
👀 The U.S. Department of the Treasury and Banque de France both published reports assessing how well DeFi entities meet anti-money laundering regulations and how these entities and tools may be used in illicit finance.

🔹 U.S. Department of the Treasurys report: Illicit Finance Risk Assessment of Decentralized Finance here https://lnkd.in/dqUjBNSN which is 42pages discussing the market structure, and illicit finance threats, vulnerabilities & mitigation measures CoinDesk has a great summary here https://lnkd.in/d74ZCaN4

🔹 Banque de France report; “Decentralised” or “disintermediated” finance: what regulatory response? https://lnkd.in/dTpRAVQ5 52 page report here discusses the definition, use case, schematic structure, risks associated with Defi, risks of the application layer, and avenues of the regulatory framework.

🟠 Two UAE news: (See slides)
⚡ BlueWheel Gulf secures 5 MW bitcoin mining contract from private investors in Dubai
⚡ Republic Crypto establishes an office in UAE

For slides click here: https://tinyurl.com/8csxrp8n

LinkedIn Profile: https://tinyurl.com/569zh78j

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Dubai Crypto & Coffee at 8 ☕ 🚨 Dubai: 12th April 🚨 🔥 CPI / Inflation numbers 💡 Ethereum Shangai Upgrade 🌐World Regulators are looking at DeFi 🔻 Binance BUSD market cap: Less than 50% 43:02 Share

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Dubai Crypto & Coffee at 8 ☕ 🚨 Dubai: 12th April 🚨 🔥 CPI / Inflation numbers 💡 Ethereum Shangai Upgrade 🌐World Regulators are looking at DeFi 🔻 Binance BUSD market cap: Less than 50%