Blockchain DXB: Crypto & Coffee at 8 ☕ 🚨 Dubai: 08th Jan 🚨 ❌huobi-korea,to shutdown 🚨 Arthur Hayes foresees 30% BTC dump 🔥Grayscale drops MATIC adds AVAX, XRP ❗David Chaum Rebuilding Digital Money

08th Jan Crypto & Coffee at 8❌huobi-korea,to shutdown 🚨 Arthur Hayes foresees 30% Bitcoin dump 🔥Grayscale drops MATIC adds AVAX, XRP ❗David Chaum Rebuilding Digital Money ❌huobi-korea, once the Korean branch of the global exchange HTX, announced its closure on January 29, citing challenges in the business environment. Despite the shutdown, users will still have the option to withdraw funds from the exchange. Info here https://lnkd.in/dGVAjaGV important to note The top five licensed exchanges in South Korea take up over 99% of the total trade volume in the country, official data showed, while some smaller platforms have gone out of business in recent months.  ❗ Founded in 2017, huobi-korea ended its association with HTX (formerly Huobi Global) in January 2023. This shutdown aligns with the closure of other South Korean exchanges, including Cashierest and Coinbit in November. CoreDAX also temporarily suspended trading, facing issues such as delayed wages for employees. 🔻 Arthur Hayes foresees 30% Crash in Bitcoin. Why? Depletion of the Fed’s reverse repo program and expiry of a crucial funding facility for troubled banks may trigger a market crash in March and force the Fed to cut interest rates, Maelstrom CIO Arthur Hayes predicts Bitcoin could plunge 20%-30% in the rout but would quickly rebound In his blog post here Hayes highlighted imminent risks for U.S. banks and markets converging in March, raising concerns about a possible “liquidity rug pull” event reminiscent of the banking crisis experienced last March. https://lnkd.in/dByr9xCN  🎙️ Regarding Price predictions we at Blockchain DXB always say “ All Price predictions are 100% right, 50% of the time ❗ Grayscale Investments, the asset manager, recently rebalanced three of its crypto funds, including the Digital Large Cap Fund, DeFi Fund, and Smart Contract Platform Ex-Ethereum Fund. Tokens like MATIC were removed, while Avalanche (AVAX) and XRP were added. This adjustment, part of Grayscale’s quarterly review, aims to optimize fund performance based on market conditions, risk assessments, and investment objectives.  🛑 Despite MATIC being dropped from one portfolio, it remains in the GSCPxE Fund. Grayscale employs the CoinDesk DeFi Select Index methodology for fund benchmarks. The rebalancing reflects efforts to adapt to changing market dynamics and enhance fund performance. 🟠 David Chaum- ‘Godfather of Crypto’ is Rebuilding Digital Money Great interview with Cointelegraph editor-in-chief Kristina Lucrezia Cornèr at Cop28 2023. Interview via YouTube here https://lnkd.in/dEYdjwNr Check out Blockchain DXB Crypto & Coffee at 8 podcast. We share our commentary on David Chaum’s plans to rebuild digital Money  🟠 Two UAE news (See slides)⚡ MRHB.Network Expands to Saudi Arabia with plans for enterprise blockchain and R&D Hub in Riyadh⚡ Abu Dhabi Customs strengthens customs inspection ecosystem with AI-powered technology For slides click here: http://tinyurl.com/nbpnca2c LinkedIn Profile: https://tinyurl.com/bdeevbru ⚡ Tether USDT (ERC20) 0x7acd89cececd5b125a2fc4caa9bc642879579f1e ⚡ Advanced Media Sponsors of Blockchain DXB podcast: 3x Rodepodmic USB + Rode Mic stand Check out their website ⁠⁠⁠⁠⁠⁠https://www.amt.tv/⁠⁠⁠⁠⁠⁠ ☕ Buy me Coffee ☕ 🚨 Link here https://www.buymeacoffee.com/info36/w/6987 🚨 Link here https://www.buymeacoffee.com/info36 ⚡ The Race Space Podcast 🎙️ Instagram: @theracespoacepodcast Podcast Host: @am_aminoo_ Podcast Host: @george_crewe Podcast Host: @black_incarnation 🚨The Metaverse Frontier Podcast (chatGPT & AI-enabled voice) #nohuman Listen here https://tinyurl.com/y26cu3td ⚡ Tether USDT (ERC20) 0x7acd89cececd5b125a2fc4caa9bc642879579f1e ⚡Leder Wallet! Link https://shop.ledger.com?r=ae54df359c4d ⚡ Bitcoin address: 02ddf96964b352b75dd660a56a5162bf9e76e549e31263b88ed93015e635771795 ⚡ Ethereum address 0x2662CFE66d24bB7930b9d9dC0B5Fe809A1501d28