Episode Details

25th April: Crypto & Coffee at 8
💥 Standard Chartered Bank says Bitcoin to reach $100k 🚨US sanctions 3 from North Koreans 💥Binance opens its business in Russia

👀 Bitcoin price predictions are 100% right, 50% of the time❗
⚡ Geoff Kendrick, head of digital assets research for Standard Chartered Bank says bitcoin could reach $100,000 by the end of 2024, saying that the so-called “crypto winter” is over. For context, A Citi analyst said in Nov 2020 that Bitcoin could climb as high as $318,000 by the end of 2022. It closed last year down about 65% at $16,500. More info via Reuters here https://lnkd.in/d9hfqVkH

🔥 With the US debt ceiling heading towards the moon, recent Banking collapse & ongoing Geopolitical chaos could these scenarios lead to a world of Hyperbitcoinization? Check out Blockchain DXB crypto & coffee at 8 podcasts where we cover this & lot more such as the global crypto market, #defi, #stablecoins & top performing Dapps.

💥 The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) sanctioned three individuals for providing support to the Democratic People’s Republic of Korea (DPRK) through illicit financing and malicious cyber activity. Official info here https://lnkd.in/dsj39cYx
Since at least late 2017, the DPRK has been engaged in virtual currency thefts and fraud schemes to generate revenue for its unlawful ballistic missile and weapons of mass destruction programs.

❗ The North Korean Foreign Trade Bank Representative has also been charged with Crypto Laundering Conspiracies More info via the U.S. Department of Justice here https://lnkd.in/dDZeGtKc

🔵 Binance in Russia❗
BeInCrypto has reported that Binance ends Russian Account Limits as the country uses tech to bypass sanctions. So now Binance is allowing users to make payments with Russian bank cards for the first time since March. Article here https://lnkd.in/dR6gT4rS Is this legit news or just a rumour? As no official news has been announced on this.

💥 CryptoSlate article states that RBC reported that Binance Russian users are still restricted from peer-to-peer transactions in U.S. dollars and Euros. And RBC also reported that the technical support team wrote that Russian users could now deposit beyond €10,000 on the platform and use them for trading. https://lnkd.in/d4xFPMmF

🚨 Two UAE news: (See slides & check out our podcast to get our insights and thoughts on this
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