Blockchain DXB: Crypto & Coffee at 8 ☕ 🚨 Dubai: 10th April 🚨 🚀CPI numbers — Bidenflation at 3.5%🚀 Biden’s mining tax 👀 Hong Kong Bitcoin❗ ETF A16z Releases Jolt

10th April: Crypto & Coffee at 8🚀CPI numbers — Bidenflation at 3.5%🚀 Biden’s mining tax 👀 Hong Kong Bitcoin❗ ETF A16z Releases Jolt 🚀 Bidenflation: In March, the CPI for All Urban Consumers increased 0.4 per cent, seasonally adjusted, and rose 3.5 per cent over the last 12 months, In anticipate of this news Crypto is down Inflation data can be found here https://lnkd.in/dMFScFke. The latest consumer-price index is a critical data point for the Federal Reserve System, based on this he would decide to increase the interest hike.❗ How will this news impact the price of Bitcoin & Cryptocurrencies?👀 Biden’s 2025 budget proposal introduces regulatory changes for cryptocurrency. Two changes aim to align crypto trading with traditional finance rules, seen as positive steps. However, a controversial 30% tax on cryptocurrency mining electricity is included, risking driving miners overseas. Critics argue it fails to differentiate between sustainable and nonrenewable sources, potentially harming the industry’s growth. The administration is urged to reconsider and focus on lighter reforms for crypto mining concerns. Info via Cointelegraph https://lnkd.in/dtqr5sG8 🔴 Meanwhile, Republican Sen. Tillis Calls for ‘Light’ Crypto Regulatory Framework Ahead of Presidential Elections. 🔵 However Democratic Wally Adeyemo Deputy Treasury Secretary is asking Congress for increased powers to go after crypto crime. via CoinDesk https://lnkd.in/dbd_y7SJ ⚡ Reuters states Hong Kong set to approve its first spot bitcoin ETFs in April. Article here https://lnkd.in/dkVhYgR6 Hong Kong is set to approve its first spot bitcoin ETFs, becoming a leader in Asia’s crypto investment market. Regulators are expediting approval to enhance the city’s financial appeal, aiming to attract global investment and foster crypto adoption. Mainland Chinese and Hong Kong asset managers are applying for approval, signalling strong interest despite cryptocurrency trading bans in mainland China. Previous approvals for cryptocurrency futures ETFs in 2022 have seen significant growth. Hong Kong-based Value Partners is also exploring a spot bitcoin ETF launch. 🚨 A16z Releases Jolt, a ‘Zero-Knowledge Virtual Machine’. The release is the product of a16z’s first foray into deep-tech research.- Jolt, supported by RISC-V ISA and Rust programming language, allows programmers to verify application execution and generate proofs of correctness. According to Eddy Lazzarin of a16z crypto, Jolt claims to be “10x” faster than its closest competitor, RISC Zero. ZK cryptography, with its mathematical proofs called “ZK proofs,” has applications beyond blockchain. However, it has gained prominence alongside the blockchain industry’s growth, aiding in fee reduction, speed enhancement, and transaction privacy preservation. ⚡ Two UAE news⚡ Crypto.com’s Dubai Entity Receives Full Operational Approval⚡ SDAIA | سدايا enhances Umrah services with AI and secure digital solutions For slides click here https://tinyurl.com/5n8dhsfe LinkedIn Profile: https://tinyurl.com/bdeevbru To support this channel: ⚡ Advanced Media ⚡ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://www.amt.tv/⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⚡ Tough Mudder Arabia ⚡ https://toughmudderarabia.com/events/ras-al-khaimah-2024/ USE DISCOUNT CODE - George15 ⚡ Ledger Wallet 🔑 ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://shop.ledger.com?r=ae54df359c4d⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⚡ https://startupoi.com/ ⚡ Download the App ⚡ The Race Space Podcast 🎙️ Instagram: @theracespoacepodcast Podcast Host: @black_incarnation ⚡ Buy me Coffee ☕ ⁠⁠⁠⁠⁠⁠⁠⁠⁠https://www.buymeacoffee.com/info36/w/6987⁠⁠⁠⁠⁠⁠⁠⁠⁠ To show your support see below ⚡ Tether USDT (ERC20) 0x7acd89cececd5b125a2fc4caa9bc642879579f1e ⚡Leder Wallet! Link https://shop.ledger.com?r=ae54df359c4d ⚡ Bitcoin address: 02ddf96964b352b75dd660a56a5162bf9e76e549e31263b88ed93015e635771795 ⚡ Ethereum address 0x2662CFE66d24bB7930b9d9dC0B5Fe809A1501d28