Dubai Crypto & Coffee at 8 ☕ 🚨 Dubai: 25th Oct🚨 🚀Bitcoin 🚀 DeFi protocol news from Solana❌ Chainalysis report on Stablecoins❗ Market Info by Glassnode & CoinShares📊

25th Oct: Crypto & Coffee at 8🚀Bitcoin 🚀 DeFi protocol news from Solana❌ Chainalysis report on Stablecoins❗ Market Info by Glassnode & CoinShares📊 ⚫ BlackRock’s spot Bitcoin ETF is now listed on the Nasdaq trade clearing firm. The Result Bitcoin 🚀 ◼️ Bloomberg Senior ETF analyst Eric Balchunas shared in a thread on Twitter that the iShares spot Bitcoin exchange-traded fund (ETF) proposal from investment firm BlackRock (NYSE: BLK) has been officially listed on The Depository Trust & Clearing Corporation (DTCC) . His tweet here https://lnkd.in/dZHC53WM 🟠 This development is seen as a positive step toward potential approval by the U.S. Securities and Exchange Commission. According to Eric DTCC listing is a crucial part of the process required to bring a cryptocurrency ETF to the market. The iShares spot Bitcoin (BTC) ETF has been assigned the ticker symbol IBTC, suggesting a possible listing on the Nasdaq stock exchange. ❌ Defi Solana❗ Marinade.Finance Finance, the leading decentralized finance (DeFi) protocol on the Solana blockchain, has reportedly decided to exit the UK market due to regulatory constraints imposed by the Financial Conduct Authority (FCA). Marinade Finance currently boasts more than $265 million in total value locked, which constitutes a significant 70% share of all funds locked on the Solana blockchain. 🚨 Chainalysis reports that the stablecoin market is evading regulatory oversight in the United States Full report here https://lnkd.in/d_63Bkrx Chainalysis found that since spring 2023, the majority of stablecoin inflows to the top 50 cryptocurrency services have shifted away from U.S.-licensed platforms to those outside the U.S. By June 2023, about 55% of stablecoin inflows to these services were going to non-U.S.-licensed exchanges.- North America Leads the World in Crypto Usage Despite Ongoing Regulatory Questions- While Stablecoin Activity Shifts Away from U.S. Services 📊 Glassnode weekly insights here https://lnkd.in/dcXft3n6 published on the 23rd states- BTC price has risen to $35k, surpassing $28k levels, signaling bullish momentum.- Derivative activity, such as short-squeezes and increased options call interest, contributed to this surge.- Long-term investors show confidence as Long-Term Holder supply hits new highs, and supply volumes remain stable. 📊 CoinShares weekly fund flow report via Medium indicates anticipation of a spot Bitcoin ETF prompts further inflows. Full report here https://lnkd.in/dcXft3n6 A quick summary below- Digital assets: 4-week inflows of $66m, $33bn AuM.- Inflows tied to US bitcoin ETF, but lower than June, signalling investor caution.- Solana: $15.5m weekly inflow, top altcoin in 2023 with $74m YTD (47% of AuM).  🟠 Two UAE news (See slides)⚡Crypto custodian BitGo eyes Dubai expansion applies for a license⚡ Ticmint, the innovative blockchain-based ticketing startup, officially launched in the UAE For slides click here: https://tinyurl.com/2hcvr9ft LinkedIn Profile here: https://bit.ly/3f46zC5 To support this channel: ⚡ Tether USDT (ERC20) 0x7acd89cececd5b125a2fc4caa9bc642879579f1e ☕ 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 🚨 Tough Mudder Arabia Registration link here https://tinyurl.com/3phtrx28 15% Discount Code: racespace15 ⚡ Tether USDT (ERC20) 0x7acd89cececd5b125a2fc4caa9bc642879579f1e ⚡Leder Wallet! Link https://shop.ledger.com?r=ae54df359c4d ⚡ Bitcoin address: 02ddf96964b352b75dd660a56a5162bf9e76e549e31263b88ed93015e635771795 ⚡ Ethereum address 0x2662CFE66d24bB7930b9d9dC0B5Fe809A1501d28