Episode Details

13th July: Crypto & Coffee at 8 🎙️
🔻Inflation 3% 🔻Crypto 🚨Binance BNB Beacon chain Hardfork 💥US gov moves 10,000 #btc 🏦 BlackRock Bitcoin ETF extreme surveillance

📊 Inflation at 3%. CPI (Consumer Price Index) In June, the Consumer Price Index for All Urban Consumers increased 0.2%, seasonally adjusted, and rose 3.0% over the last 12 months, not seasonally adjusted Official & only source of information here https://lnkd.in/dZBYUEsx

💥 How does this impact the price of Bitcoin?
- Unfortunately, the price is down by 1.28% & the global market is down after the inflation numbers announcement. Barron’s has continuously incorrectly published wrong information pertaining to Inflation & Bitcoin. This time they have posted Bitcoin Has Momentum as It Rises on Inflation Data. It Could Be the Push to $32,000. Article here https://lnkd.in/exMUbMuF

📊 Bitcoin Fear and Greed Index is GREED (57) could this mean we may see a temporary improvement in the price of #BTC? Check out Blockchain DXB’s Crypto & Coffee at 8 podcast where we share our opinions on this

💥 Binance BNB Hardork: “ZhangHeng”
❗ The BNB Beacon Chain mainnet is expected to have a scheduled hard fork upgrade at block height 328,088,888. Official information here https://lnkd.in/eJd_G6gc

✋🏻 The big question is who decided to have a hardfork? The Community or a Central entity?

❗ What will change with the blockchain feature?
- BEP-255:
- Bug Fix

🚨 Binance said the action will impact “downstream services such as bridges, deposits, and withdrawals on exchanges” but the “drastic action” is necessary to protect the chain and its users.

🚨 According to a report by Cointelegraph, the U.S. Department of Justice) recently transferred around 9,825.25 Bitcoin, equivalent to approximately $299 million, from a cryptocurrency wallet. The transactions occurred on July 12 and resulted in the distribution of the Bitcoin to at least 101 new wallets. The purpose of these transactions is currently unclear. It is uncertain whether the Bitcoin was sent to exchange platforms for potential sale or if it remains under the custody of the Justice Department. https://lnkd.in/ecC65mnv

💥 According to a recent article from CoinDesk, BlackRock’s application for a Bitcoin ETF introduces a heightened level of surveillance. It includes an Information-Sharing Agreement that goes beyond what is typically seen in public filings for Bitcoin ETFs. This agreement requires a cryptocurrency exchange to share trading data, including personal information such as a custo