Episode Details

11th Oct: Crypto & Coffee at 8
🔥 Geopolitical chaos = Crypto market🔻#BTC Lightning Network 🚀🔴 Changpeng Zhao indictment in Brazil? 😆 Sam Bankman-Fried as US President

❓ Are Bitcoin and cryptocurrencies safe haven during times of WAR? NO

❌ Geopolitical chaos over the last few days has caused a global meltdown & people becoming experts overnight over the GAZA conflict
❗ Cointelegraph has reported that US Stocks rose for the third straight day as bond yields fell & and Treasury yields declined, giving stock market bulls new momentum. Article here https://lnkd.in/dAwupujH

📊 Stocks in the US rose for the third straight day as the market continued to assess the effect of the Israeli-Hamas conflict. Bond yields fell as investors desired the safety of US Treasuries, and these falling yields helped to bolster the stock market. Today was the first day that Treasuries have been traded since the start of the Israeli-Hamas conflict, as the bond market was closed on Monday.

📊 The global Crypto market is down $1.05T via CoinMarketCap stablecoins accounting for 95.97% of the total crypto market 24-hour volume.

🎙️ However multi billionaire Paul Tudor Jones., CEO of Tudor Investments feels Geopolitical Instability Makes Bitcoin a Good Bet More info on this via Decrypt https://lnkd.in/d_U-6tzE The billionaire hedge fund manager said in an interview with CNBC Tuesday that we are living in a “really difficult time” with the Israel-Gaza war, Russia’s invasion of Ukraine and China and U.S. tensions.

🗣️ We strongly disagree as Bitcoin and crypto did not prove to be safe havens during COVID-19 & and the start of Russia Ukraine War. Check out Blockchain DXB’s Crypto & Coffee at 8 podcasts we share our opinion on this

⚡ Lightening Network
According to a report by the Bitcoin-exclusive exchange River, the Bitcoin Lightning Network has experienced a remarkable growth of 1,200% in just two years. This surge in Lightning Network usage is poised to significantly enhance Bitcoin’s effectiveness as a medium of exchange. More info on this here https://lnkd.in/d5q6-nt7

🔴 Binance CEO Chanpeng Zhao stands accused of multiple financial crimes. Source: Chamber of Deputies of Brazil. A congressional committee has recommended that Changpeng Zhao and three local Binance executives be indicted for fraud and other financial crimes. More info on this here https://lnkd.in/dMQQjqaA

😆 Legend Sam Bankman-Fried as US President
❗ Former FTX CEO Sam “SBF” Bankman-Fried had ambitions to become presi