Dubai: Crypto & Coffee at 8: 🚨06th Sep 🚨 💥 US dollar against 6 foreign currencies! DXY Index to a new 20-year high of 110.27 🔴What does it mean for Bitcoin?
33:21 Share

06th Aug 💥 US dollar against 6 foreign currencies! DXY Index to a new 20-year high of 110.27 What does it mean for Bitcoin?

🔴 Bitcoinist.net states that Bitcoin trades inversely to the dollar, the ongoing rally in the DXY has also resulted in lower cryptocurrency valuations across the board, here https://bit.ly/3QjJJ6n. Glassnode’s weekly insights also state that liquidity across all asset markets continues to fade this week, as persistent dollar strength pushes the DXY Index to a new 20-year high https://bit.ly/3QhcZKP Cointelegraph article https://bit.ly/3BfW3A1 has some commentary on it, price predictions based on the charts in the article are 100% right, 50% of the time!

🔵 Forbes article has mentioned that A stronger dollar is bad news for the stock market as around 30% of the revenue earned by S&P 500 companies is from markets outside the U.S., the LPL note added. Article here https://bit.ly/3Qj3sCU could this mean a bearish week ahead for Bitcoin? CoinShares blog via Medium states that there were record inflows into short-bitcoin investments totalling US$18m, definitely not good for Bitcoin https://bit.ly/3KMCJxF

👀 ETH info DailyCoin has reported that according to Ethereum’s timeline, the “Bellatrix” upgrade will go live on the Beacon Chain on the 6th Sep, marking the first phase of the Merge https://bit.ly/3Rikfri & has some crucial information on Investors are already showing their belief that the Merge will positively impact the price of ETH. The Timelines of the merge can be found here https://bit.ly/3CUAN4e

👁️ With the Ethereum Merge date getting closer to Ethereum Classic, the original Ethereum hashrate taps an all-time high nearing 50 TH/s ahead of the merge. Article by Bitcoin.com here https://bit.ly/3THNIwh & the price of ETC is up by 13.34% in the last 24 hours

💃UK’s new Prime Minister Liz Truss is all in favour of #crypto She mentioned via Twitter in 2018 We should welcome cryptocurrencies in a way that doesn’t constrain their potential. Tweet here https://bit.ly/3CYiw60

Which side of a political party is in favour of Bitcoin, Opensource, Freedom & Cryptocurrency? USA ✅Right Wing (Republican) ❌Left Wing (Democrats)

UK ✅Right Wing (Conservative) ❌Left Wing (Labor Party)

India ✅Right Wing ( BJP) ❌Left Wing (Congress)

👹 NFTs to Spread Terror Message The Wall Street Journal article states that National-security analysts see a potentially dangerous platform for recruiting and funding. Article here https://on.wsj.com/3Rlskey IS-NEWS #01 NFT, is being seen as the first case of an NFT created and shared by a terrorist sympathizer. The NFT was listed on OpenSea but it has been taken down since. Cointelegraph article has more info on this too https://bit.ly/3qfZFfk

💥Two UAE news ( Slides) ⚡ UAE Theatre to share Insight into Web3 & Blockchain Developments 💡 Klickl gets Abu Dhabi Global Market (ADGM) in-principle approval to operate as broker-dealers and custody providers in virtual assets

🎙️ Listen to our Podcast here 🎙️ Anchor: https://bit.ly/3Po8eio Spotify: https://spoti.fi/3y3Fapq iTunes: https://apple.co/3u4Iak7 Google: https://bit.ly/3ysvrL0 Anghami: https://bit.ly/3AiLNp5

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

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

Bitcoin address: 02ddf96964b352b75dd660a56a5162bf9e76e549e31263b88ed93015e635771795

Cardano address:addr1qxwu4h9uw4ptc6jp4zzhvckcjua7nda9u5fkvmdfrge00n3dpznq9000nxdcvklpdtw320zku7eeju483l2pg6gtw3eqp8e4q6

#blockchaindxb #blockchain #blockchaindxb #bitcoin #innovation #digital #community #canada #community #opensource #mining #socialmedia #dubai #project #cryptocurrency #news #blockchaindxb #blockchain #bitcoin #cryptocurrency #bank #blockchaindxb #bitcoin #blockchain #banking #bank #technology #blockchaindxb #cryptocurrency # #blockchain #finance #blockchaindxb #fintech #cryptocurrency #btc #blockchaindxb #crypto #blockchaindxb #cryptocurrency #blo ckchain #news #blockchaindxb#blockchaindxb

#blockchaindxb #cryptocurrency #people #ua