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Blockchain DXB: Crypto & Coffee at 8 ☕ 🚨 Dubai: 03rd Jan 🚨 🎉#BTC 15 yr anniversary + Bitcoin White paper by chatGPT ❗Possible Spot #BTC ETF Rejection Matrixport❗ 🚀 Saylor Selling $216M stock
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03rd Jan Crypto & Coffee at 8
🎉#BTC 15 yr anniversary + Bitcoin White paper by chatGPT ❗Possible Spot #BTC ETF Rejection — Matrixport❗ Arbitrum’s ARB token new record🚀 Saylor Selling $216M MicroStrategy stock👊🏻
❗Why the SEC will REJECT Bitcoin Spot ETFs again
- Crypto investment services provider Matrixport expects the U.S. Securities and Exchange Commission (SEC) to reject all applications to list a spot bitcoin exchange-traded fund (ETF) this month. Great information here https://lnkd.in/dv_uipAc We at Blockchain DXB strongly agree with a note stating ‘The current five-person voting Commissioners leadership critical for the ETF approval of the SEC is dominated by Democrats. SEC Chair Gensler is not embracing crypto in the US,” in this great article by Markus Thielen
🎙️ Check out Blockchain DXB’s Crypto & Coffee at 8 podcast. We share our commentary on this
🔴 CoinDesk states that because of this article $400M were Liquidated in Two Hours Open interest fell by $2 billion due to liquidations, the dwindling value of BTC and traders reducing exposure on both the long and short side Info here https://lnkd.in/dveJBRq6
🔵 Even gold advocate and bitcoin detractor Peter Schiff warns that spot Bitcoin ETF approval could collapse the BTC market, His tweet here https://lnkd.in/dEinAvQB
🟠 Samson Mow also states something crucial that the Bitcoin ETF race will push issuers to disclose addresses Disclosures of verifiable on-chain proofs showing Bitcoin reserves would be the best option for spot Bitcoin ETF issuers to ensure their holdings. But none of the existing 14 applicants have been working to provide on-chain proofs, Mow said in an interview with Cointelegraph on Dec. 28. https://lnkd.in/dbfEPkNp
🚨 Michael Saylor, the executive chairman of MicroStrategy, has initiated the sale of $216 million in company stock options, as revealed by a recent regulatory filing. Saylor intends to divest 5,000 shares per trading day over the next four months to meet personal commitments and to increase his personal Bitcoin holdings. Notably, MicroStrategy’s shares experienced an 8.5% increase on Tuesday, defying the broader market trend of decline in cryptocurrency-re