Episode Details

31st Jan Crypto & Coffee at 8

🏦FOMC meeting- Crypto reaction 🚨Circle USDC on Celo Network 💳 Visa enables crypto withdrawals 👮🏻German Police Seize $2.1B #BTC

⚡ The FOMC meeting announcement will take place later in the day and Federal Reserve Board chair Jerome Powell will announce crucial information regarding interest rate hike

- Increase Interest = Bitcoin + Crypto

- Reduce or Unchained = Bitcoin + Crypto

🚨 Blockonomi article here states This week’s (FOMC) meeting could strongly influence market momentum. http://tinyurl.com/3j3kybp4

🚨 Blockworks article here http://tinyurl.com/3rtmy9uj states The Federal Reserve’s decision to either raise or pause rates on Wednesday may not significantly impact the crypto market, according to industry watchers.

💯 We strongly recommend watching Jerome Powell go live via YouTube and listen to his explanation of his decision.

⚡ Celo is a carbon-negative, mobile-first, EVM-compatible blockchain built for the real world.

⚡ Circle, a global fintech firm and issuer of USDC, the regulated digital dollar, is bringing USDC to the Celo ecosystem. A governance proposal will propose USDC as the official gas currency for Celo. This move adds USDC to Celo’s stablecoin offerings, alongside local currencies like Mento’s cREAL and eXOF pegged to the Brazilian Real and West African Franc. Official info here http://tinyurl.com/y8rh3xen

🚨 Visa has collaborated with Transak, a Web3 infrastructure provider, to enable cryptocurrency withdrawals and payments in 145 countries using the Visa Direct solution. This partnership allows MetaMask users to directly sell their crypto to a Visa card, eliminating the reliance on centralized exchanges. The announcement was made on January 30th. The new integration allows users to withdraw cryptocurrencies like Bitcoin BTC

directly from a wallet like MetaMask to a Visa debit card.

❗ Available immediately, the integration enables one to exchange crypto to fiat and pay at 130 million merchant locations where Visa is accepted. More info via Cointelegraph here http://tinyurl.com/bdz7asfc

👮🏻 $2.1B #BTC seized

- German police have seized their largest-ever cryptocurrency amount, 50,000 bitcoins worth $2.17 billion. The seizure is tied to a 2013 piracy website case that violated the Copyright Act. Proceeds from the illegal operation were converted to bitcoin, and one of the two suspects voluntarily transferred the bitcoins to the Federal Criminal Police Office (BKA). Info here http://tinyurl.com/ye267zfh

🟠 Two UAE news (See slides)

⚡ UAE makes first digital dirham transfer via mBridge CBDC platform

⚡ ‘Metaverse of Magic’ takes entertainment to new heights at Ithra

For slides click here: http://tinyurl.com/4vku56vn

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