Episode Details

23rd March: Crypto & Coffee at 8
🚨 25-basis points hike announced by Federal Reserve Board 🟠 Is Hyperbitcoinization a possibility? 🔴 Security Exchange Commission goes after Coinbase & H.E. Justin Sun 🇬🇩 from Tron

👀 The banking crisis in the USA fails to pause the FED rate hike Jerome Powell announced 25 basis points, at the FOMC meeting, official news via YouTube here https://lnkd.in/dK-zAPrr. The labour market is definitely looking good in the USA. Federal Reserve Board & Federal Deposit Insurance Corporation (FDIC) have saved the USA’s banking crisis.

🔴 Republicans are requesting Fed and FDIC oversight records for failed Silicon Valley Bank and Signature Bank, article by CNBC here https://lnkd.in/dGjf_z9m

👁️ What kind of an impact will this have on the price of #bitcoin, #cryptocurreny and the global market? The global crypto market cap is down since the announcement of $1.16T. See slides 1 & 2 below and check out Blockchain DXBs Crypto & Coffee at 8 podcasts where we explore this area in detail

❗Hyperbitcoinization❗
👎🏻 Balaji S. former CTO of Coinbase is hoping for Hyperbitcoinization & a bank run in the next 90 days. A very unlikely scenario.
🚨 #fact The only reason Bitcoin maximalists and crypto enthusiasts want Hyperbitcoinization is in doing so the value of Bitcoin will increase and their own existing net worth in Bitcoin & Crypto increases.

🔥 War on Crypto
🔻 Brian Armstrong, Co-Founder & CEO of Coinbase mentioned via Twitter that Coinbase received a Wells notice from the SEC focused on staking and asset listings. A Wells notice typically precedes an enforcement action. Tweet here https://lnkd.in/ddgPX5Tq

🔹 MarketWatch has reported that Coinbase stock sinks 16% after crypto exchange discloses SEC warning. Article here https://lnkd.in/dGzssgsh

🔹 Catherine Wood of ARK Investment Management LLC sold $13.5M Coinbase shares After Steady Buying Streak

⚖️ Tron Founder Justin Sun is sued by 

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