Episode Details

19th June: Crypto & Coffee at 8
🟦 BlackRock Bitcoin ETF 🧠 General AI worth $4T 3️⃣ Binance NEWS 1) Money laundering in France 2) an Update on Binance US Bitcoin 3) Fake Binance in Nigeria 🚀12M Bitcoin Ordinals Inscriptions

🚀 Bitcoin recorded over 12 million Ordinal Inscriptions, Bitcoin miners, have now accumulated 1,732 BTC equivalent to $46 million using today’s exchange rates, news via Bitcoin.com

🔵 BlackRock the world’s biggest asset manager, on Thursday, filed for a bitcoin ETF that would allow investors to get exposure to cryptocurrencies, as the asset class comes under intense regulatory scrutiny.

🔹 Reuters has reported that BlackRock’s iShares Bitcoin Trust will use Coinbase Custody as its custodian, according to a filing with the U.S. Securities and Exchange Commission (SEC). The U.S. regulator has yet to approve any applications for spot bitcoin ETFs. https://lnkd.in/dMx_2wUd

🟠 How the hell does it help Bitcoin? It doesn’t cause A spot Bitcoin ETF would track Bitcoin’s underlying market price. Proponents say an ETF would give investors exposure to Bitcoin without directly buying it. But in anticipation of the news the price may pump up

📊 McKinsey & Company report states The next productivity frontier is AI. Generative AI is poised to unleash the next wave of productivity. The report states Generative AI’s impact on productivity could add trillions of dollars in value to the global economy. Our latest research estimates that generative AI could add the equivalent of $2.6 trillion to $4.4 trillion annually across the 63 use cases we analyzed. More info here https://lnkd.in/dByW8K8p

❌ Binance: France
Binance is under Investigation in France for ‘Aggravated’ money laundering
 More info via CoinDesk here https://lnkd.in/dfDWkM-D Binance is suspected of illegally providing digital asset services to local customers and implementing poor money laundering checks, the Paris public prosecutor told CoinDesk

- Binance’s French unit is under investigation by local authorities for the
“illegal” provision of digital asset services and “acts of aggravated money laundering,” the Paris public prosecutor’s office told CoinDesk.

✅ Binance: USA
- A federal judge signed off on a temporary agreement between the (SEC), Binance and Binance U.S. affiliate to have Binance.US take steps to ensure only local employees can access customer funds as the regulator and companies work through an SEC lawsuit. The official agreement is here https://lnkd.in/d5Dm-3RS Binance.US Support

✖️ Binance: Nigeria
Changpeng Zhao, CEO of 

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