cover of episode Dubai Crypto & Coffee at 8am ( Cryptocurrency update : 14th September

Dubai Crypto & Coffee at 8am ( Cryptocurrency update : 14th September

2021/9/14
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Blockchain DXB

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14th Sep Crypto market "Do You Bleed" The global crypto market cap is $2.06T a stark decline since the last few days. Stable coins to the rescue?

Michael Saylor founder of MicroStrategy has purchased an additional 5,050 bitcoins for $242.9 million in cash at an average price of $48,099 he mentioned via Twitter As of 12th September they #hodl 114,042 bitcoins acquired for $3.16 billion at an average price of $27,713 per bitcoin. His tweets about #Bitcoin is digital energy seems atrocious & lame? Official release by Microstrategy can be found here bit.ly/392kUbV

Coinbase vs Security Exchange Commission Coinbase announced a $1.5-billion bond sale shortly after the SEC threatened to sue the firm over its lending program. Official release can be found here bwnews.pr/2YOyLk1 . On Sep 8th Paul Grewal, Chief Legal Officer at Coinbase posted a Blog titled "The SEC has told us it wants to sue us over Lend. We don’t know why" Worth a read to know the full story bit.ly/3tHsAKa

Kevin O'Leary the star from Shark Tank ABC told CNBC that Ethereum's network speed was too slow and called for US crypto regulation. Bitcoin could see inflows worth $1 trillion if regulators classify crypto as an asset and approve an ETF, he said. Business Insider has published O'Leary's 8 best quotes from the interview that can be seen here bit.ly/3EeJy7y

Elon Musk in the crypto news again, tweeted a pic of his dog FLOKI, why does this have significance? bit.ly/3keue2R . On June 25th he tweeted "My Shiba Inu will be named Floki" bit.ly/3A8MeAY. Because of this tweet, Dogecoin spin-offs soar 1,000% after Elon Musk Shows Off ‘Floki’ Puppy. Since the tweet, Shiba Floki is currently up 1,009% and Floki Inu is up 108% in the past 24 hours. #crazy

Hedge Fund Multi Billionaire Steve Cohen helps NFT start up RECUR raise $50 Million investment Into NFT platform with Collegiate Licensing Deal. Max Bruch co-founder & chief of staff RECUR just posted an article from Forbes. The article can be read here bit.ly/2XmNiTJ Decrypt also reported that Alongside word of the fundraise, Recur has also announced the impending launch of NFTU.com (a platform for officially licensed college football digital collectables) article here bit.ly/3AavWHW

UAE news: News 1 Amir King Khan the boxing legend & Super Boxing League in association with Savy Capital & Bybit & World Boxing Council (WBC) have 🥊Crypto Fight Night🥊 in Dubai. The winner gets "WBC Crypto belt" ( Details in the slide) La Perle DXB

News 2 Bahraini startup INABLR Middle East WLLallows Sukuk ownership for $1,000 on a blockchain-based platform. ( Details in the slide )

DIFC Blockchain Week Day 3 Stornest will be discussing How is Blockchain affecting our legacies. Later in the day, Chi-X Digital Assets are going to talk about Blockchain-powered finance for SMEs & CoinMENA will talk about " Is Crypto Safe" Definitely worth attending these sessions.

For slides click here www.linkedin.com/posts/r-a-george…36762759168-3fhd

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