EPISODE · Dec 23, 2024 · 39 MIN
Blockchain DXB: 🔴 23rd Dec 🔴 🤔FOMC/ BlackRock 21M narrative 🔻Spot Bitcoin ETFs record withdrawal 🟢Tether invests in Rumble 🏆Bo Hines to lead "Crypto Council"
from Blockchain DXB · host Blockchain DXB
23rd Dec: Blockchain DXB Podcast🤔FOMC/ BlackRock 21M narrative 🔻Spot Bitcoin ETFs record withdrawal 🟢Tether invests in Rumble 🏆Bo Hines to lead "Crypto Council"🔻Bitcoin & Cryptomarket has been down since the Federal Reserve Board FOMC meeting. We at Blockchain DXB very strongly feel the FOMC meeting & the announcement by Fed chair Jerome Powell is a great sign for the price of hashtag#BTC & hashtag#Cryptocurrency. However, hashtag#fakenews & misleading information driven by Mainstream media has led the prices https://lnkd.in/dW3Puu5Do to fall. We strongly urge you to watch the full announcement via YouTube here. In today's episode, we discuss- Interest Rate Reduction:- Economic Growth:- Consumer Spending and Investment- Labor Market Conditions- Inflation Trends- Monetary Policy Stance- Future Projections- Risks and Uncertainties- Commitment to Dual Mandate:The market is driven by hashtag#fakenews & hashtag#misleading narratives by Mainstream Media⚫The news surrounding BlackRock's educational video has created controversy regarding a fixed cap of 21M Bitcoin.Can the 21M BTCCap be changed?Short answer - YESWill it change - NOIn today's episode, we discuss what it would take to change the 21 million Cap- A Hardfork- Miners need to agree- Exchanges (CEX & DEX) need to agree- Developers need to agree- Users need to agree🗣️ For our Unbias & unfiltered chat check out our conversation live today via LinkedIn at 2[m GST with Markose Chenthitta from OORT.🔻 Bitcoin ETFs saw record outflows of $671.9 million on Thursday, ending a 15-day inflow streak. Fidelity's FBTC and Grayscale Investments's GBTC led with $208.5 million and $188.6 million withdrawn, respectively, while BlackRock's IBIT saw no inflows for the first time in weeks. Bitcoin dropped 10% to $96,000, and CME Bitcoin futures premiums fell to 9.83%, signalling weakening demand. Ether ETFs also faced $60.5 million in outflows as Ether dropped 20% to below $4,100. The declines reflect bearish sentiment across crypto markets post-Fed decision. CoinDesk https://shorturl.at/nOy76- Tether.io is investing $775 million in Rumble, including $250 million in cash and shares at $7.50 each, to support decentralized media and free speech. Rumble Inc CEO Chris Pavlovski retains control, and Tether plans to collaborate on advertising, cloud, and crypto payments. Advisors include Cantor Fitzgerald, Oppenheimer & Co. Inc. & Co., legal teams from Willkie Farr, McDermott Will & Emery, and DLA Piper. https://shorturl.at/swzvJ🔴 President Trump appoints college football player Bo Hines to lead his crypto council under AI & crypto czar David Sacks, aiming to boost digital asset innovation. Post via Truth Social. He will become the Executive Director of the Presidential Council of Advisers for Digital Assets. For slides click here: https://shorturl.at/1WzLx LinkedIn Profile: https://tinyurl.com/bdeevbru To support this channel: https://www.patreon.com/BlockchainDXB ⚡ Buy me Coffee ☕ https://www.buymeacoffee.com/info36/w/6987 ⚡ Advanced Media https://www.amt.tv/ ⚡Spartan Race Trifecta in Dubai https://race.spartan.com/en/race/detail/8646/overview For 20% Discount use code: George20 ⚡ The Race Space Podcast 🎙️ Instagram: @theracespoacepodcast Podcast Host: @black_incarnation ⚡ Ledger Wallet 🔑 https://shop.ledger.com?r=ae54df359c4d ⚡ Bitcoin address: 02ddf96964b352b75dd660a56a5162bf9e76e549e31263b88ed93015e635771795
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Blockchain DXB: 🔴 23rd Dec 🔴 🤔FOMC/ BlackRock 21M narrative 🔻Spot Bitcoin ETFs record withdrawal 🟢Tether invests in Rumble 🏆Bo Hines to lead "Crypto Council"
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