Dubai: Crypto & Coffee at 8: 14th June 🚨 Global 👀Crypto market in deepest and darkest phases of previous bears.
39:05 Share

14th June 👀#HODL Global crypto market cap below $1Trillion 💥Celsius has paused withdrawals 😱Binance pauses withdrawals

Bitcoin is supposed to be a hedge against inflation? Human Greed + Game Theory + Manipulation of Demand vs Supply & accumulation of Bitcoin by early adopters, Billionaires, Millionaires, Celebrities) How could Bitcoin be a world reserve currency & hedge against inflation if the accumulation of Bitcoin is among the elite few? Funds have been liquidated; funds have been lost. Damage has been done. It could be possible in the near future price of #BTC & other #cryptocurrencies rise again but it just means that #Bitcoin is not working out for what it was originally created for.

Separation of Money & the state will take place. Bitcoin should have been in a dominant position now for the fruition of the movement.

Glassnode’s weekly insights state we now entering a phase-aligned with the deepest and darkest phases of previous bears. Their YouTube channel has a great breakdown https://bit.ly/3aRIHiF

CoinShares weekly insights via Medium also confirm some negative sentiment continues to plague digital assets as per the blog outflows of US$102m last week, Bitcoin saw outflows totalling US$57m, whereas Ethereum was US$41m. Great info here https://bit.ly/3HjMIsu

💡America’s outflow = US$98m with 💡Europe outflow = US$2m outflows Does this mean Europeans are more convinced about #bitcoin than Americans? Depends on the overall inflow/outflow volume?

Meanwhile, Crypto Price Influencers on YouTube Instagram TikTok Twitter preach this Bitcoin price 👎🏻 = Buy more Bitcoin its on Discount Bitcoin price 👆🏻 = Buy more it’s only going to go Higher

🚨Satoshi Nakamoto: The very 2nd line of Bitcoin White Paper! …..”but the main benefits are lost if a trusted third party is still required to prevent double-spending”

Celsius Network has decided to pause all withdrawals & transfers. Official info here https://bit.ly/3QmgroA Is this to protect customer OR their own business? Interesting as Celsius moved $320m to FTX before halting user withdrawals, & transfers Info released by Watcher Guru via Twitter here https://bit.ly/3mLfSaC

💥Some Important tweets by Larry Cermark show that Celsius still has roughly $1.5billion sitting on them https://bit.ly/3QjTMcD. The series of threads has some really interesting information https://bit.ly/3QjTMcD Info on wallets uploaded via Google docs here https://bit.ly/3HhfJVK the power of Open Source 💪🏻

⛔Funds are SAFU.with Binance Earlier in the day had paused bitcoin withdrawals for several hours Monday due to a ‘stuck transaction’ Changpeng Zhao mentioned via Twitter temporal shut down https://bit.ly/3tyQN6q but now withdrawals have been resumed

UAE news(Check slides)

• Repton Passport: Blockchain portfolio capturing students’ academic journey Repton Dubai Repton School
• ZorroSign MENA empowers UAE businesses with multi-chain blockchain technology

For slides click here: https://bit.ly/3xPnS0C

Bitcoin address: 02ddf96964b352b75dd660a56a5162bf9e76e549e31263b88ed93015e635771795

Cardano address:addr1qxwu4h9uw4ptc6jp4zzhvckcjua7nda9u5fkvmdfrge00n3dpznq9000nxdcvklpdtw320zku7eeju483l2pg6gtw3eqp8e4q6

#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 #cryptocurrency #crypto #metaverse #blockchaindxb #nft #blockchaindxb #bitcoin #cryptocurrency

Share this post: