Dubai: Crypto & Coffee at 8: 🚨07th July🚨 ⛔ 2022: The year of CBDC, Binance & Metaverse news
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07th July ⛔ 2022: The year of Central Bank Digital Currencies, Binance & Metaverse news

💡 Blockchain DXB has an event on 8th July on CBDC where we explore, The Basics, Threats to Freedom & CBDC’s role in the Metaverse. Registration link here https://bit.ly/3RgLq5V

💥Binance has just announced 0 fee Bitcoin trading globally. Binance has also removed fees from 13 stable coin and fiat pairs. The Zero-fee trading will take effect July 8 to coincide with the exchange’s five-year anniversary this month. It will remain in place until further notice. Official news via their blog here https://bit.ly/3nHFMMC

🚨 “Metaverse Everything” podcast by Blockchain DXB has weekly updates check here https://bit.ly/3bUXBVP

❓ Question: What countries are excited about Metaverse & are eager to learn more about it?

• Developed Nations
• Underdeveloped Nations
• Developing Nations

❗Crypto market info via CoinMarketCap Stable coins a safe haven?

• Total crypto market 24 hr volume is $59.88B
• Volume of all Stablecoins is $53.55B
• Tether.to USDT 24 hr volume is $42.44

👀What is going on isn’t Bitcoin supposed to be a safe haven during economic collapse & Bidenflation? Looks like stable coins are offering a safe haven. With the current situation, what does the future of crypto look like?

✅ James Butterfill. head of research at CoinShares has posted an excellent and informative blog via Medium stating There is more pain to come in the crypto markets. A comparison to the 2008 credit crisis. Some great info on Defi TVL down from US$250bn to US$71bn this year & a lot more. Blog here https://bit.ly/3yIZq1h A must-read it also has critical information on Bitcoin mining & how miners have allegedly not paid their electricity bills & some miners sell their holdings.

⚒️ Cointelegraph just published an article a few hours ago that shares info on, Bitcoin mining stocks rebound sharply despite a 70% drop in BTC miners’ revenue Article here https://bit.ly/3uusKpz

😊 While the crypto market reminiscences the 2008 credit crisis Crypto hardware wallet sales increase as centralized exchanges scramble. “Not Your Keys, Not Your Coin” is in fruition among the mass Pascal Gauthier, CEO of hardware wallet crypto firm Ledger has told Cointelegraph that the company’s revenue dropped about 90% during the 2018 crypto winter, but this hasn’t been the case this year. Details in the article here https://bit.ly/3ImvFGw

🤨 Ethereum POW mining While Ethereum is on the verge of ending Proof of work mining BITMAIN Crypto Mining has launched Antminer E9 for $4.17 per Megahash. Official news via Twitter here https://bit.ly/3NMP5Wn

✋🏻 With Ethereum Consensus Layers’ next phase of The Merge on its way, would be a terrible idea to buy it? Should rent it for a specified duration instead?

UAE news:

• Aurus acquires Crypto license and establishes HQ in Dubai
• Gulf Xellence — Where the World Meets Announces the Most Exciting & Largest CRYPTO FEST 2022 in Dubai, UAE

For slides click here: https://www.linkedin.com/posts/r-a-george-19b102104_blockchaindxb-btc-activity-6950651068124930048-Fxgi?utm_source=linkedin_share&utm_medium=member_desktop_web

Bitcoin address: 02ddf96964b352b75dd660a56a5162bf9e76e549e31263b88ed93015e635771795

Cardano address:addr1qxwu4h9uw4ptc6jp4zzhvckcjua7nda9u5fkvmdfrge00n3dpznq9000nxdcvklpdtw320zku7eeju483l2pg6gtw3eqp8e4q6

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