Episode Details

15th Feb : Crypto & Coffee at 8
🚀 Bitcoin market cap $1T, 🔴 Federal Reserve Board needs Stablecoin bill 🎨 EtherRocks Hit Sotheby’s’ 🔹 Chainalysis, Fireblocks + Gauntlet on Forbes fintech list❗

🟠 Bitcoin crosses $51k, SEI the biggest gainer & Solana > Binance. See slides 1 & 2 below for global crypto market snapshot

- Bitcoin has crossed the $1T once again. Growing investor confidence attributed to Spot ETF approval is widely interpreted as the harbinger of a new bull cycle. Three events in Bitcoin could help it reach a new ATH
- Bitcoin Spot ETF approval
- Bitcoin Halving
- USA elections

🔺The biggest gainer SEI & SEI token has surged 25% in the past week. The reason is that The Sei v2 Public Devnet was launched. Sei blockchain gets a major upgrade, making it easier for developers to build applications. Info here https://lnkd.in/e_HSaFvp
The high-speed Sei blockchain has launched its second Devnet iteration, introducing a key feature for developers. Now, they can deploy code compatible with the Ethereum Virtual Machine (EVM) directly on Sei. This means developers familiar with Ethereum development can easily write and deploy their applications on Sei, potentially expanding the blockchain’s ecosystem and attracting more users.

🟥 Legislative framework for stablecoins
♦️ Fed chair Jerome Powell said “We need a framework for stablecoins” and he is “very supportive and am glad that we are close,” Important to note this is according to a person in the room granted anonymity to provide the Fed chair’s quotes from the closed-door meeting.

♦️ Regarding Central bank digital currency Jerome Powel said “if we’re going to have a CBDC, Congress needs to authorize it,” according to the source in the meeting. “We aren’t advocates, but we haven’t made a decision to recommend a CBDC to Congress.”

❗ More info via POLITICO https://lnkd.in/e_xbcKDi

❤️ Valentine’s day NFT
🎨 Ether Rock auction goes live on Sotheby’s on February 14, 02:00 PM. Estimate price $500,000 — $700,000 You can bid here https://lnkd.in/eMbYifTV This PNG was Executed December 25, 2017, this work is unique from a series of 100 & Token ID is 28
 

🔵 The three crypto companies have together raised a total of $2 billion, according to Forbes. three cryptocurrency firms made Forbes’ annual list of 50 innovative fintech companies are Chainalysis, Fireblocks and Gauntlet. To qualify for consideration, companies had to be privately owned and based in the U.S. List here https://lnkd.in/eRiW3MCM

🟠Two UAE news (See slides)
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