Episode Details

03rd Sep: Blockchain DXB Podcast
📊 U.S. economic data - This week 🔥Cardano- Chang Hard Fork 🚨Bitcoin hedge fund by Hilbert Capital & Xapo Bank 💰 Metaplanet partners with SBI VCトレード - BTC
📊 Economic releases begin Tuesday with the ISM manufacturing PMI for August. A weak PMI reading could lead to a Federal Reserve rate cut, lowering the dollar and increasing demand for riskier assets. Currently, interest-rate markets anticipate a 70% chance of a 25 basis point cut and a 30% chance of a 50 basis point cut in September, according to CME's FedWatch tool. Check out Blockchain DXB episode we share more information on this. We also discuss the impact it would have on the Stock Market & Crypto market keeping in mind the following points
- Rate Cuts
- Dollar Movement:
- Risk Appetite
- Increased Demand
- Inflation Hedge:
- Market Sentiment
🔥 Cardano Implements Major Governance Shift with Chang Hard Fork
The new "Chang" upgrade introduces decentralized governance through a new structure with a Constitutional Committee, Delegate Representatives, and Stake Pool Operators. This shift moves control from the founding entities to the ADA community, allowing direct influence over blockchain decisions. The upgrade is being rolled out in two phases, starting with an interim committee and leading to full community participation in 90 days. This marks the beginning of the Voltaire era, advancing Cardano’s commitment to decentralization.
👀 Hilbert Capital and Xapo Bank have partnered to manage a new Bitcoin hedge fund, starting with over $200 million in investments. The fund will offer structured credit opportunities for businesses and investors, with lower fees than Hilbert's usual hedge funds. Both firms expect significant growth in the coming year. Info via Bitcoin Magazine https://shorturl.at/F2u6h
❗ Metaplanet Inc. has partnered with SBI VCトレード Trade to support its Bitcoin accumulation strategy, offering compliant custody services and the option to use Bitcoin as collateral. This partnership aligns with Metaplanet's financial strategy and SBI VC Trade's role as a leading crypto services provider in Japan. Info here https://shorturl.at/Y2qLu
❗ Metaplanet’s Bitcoin holdings stood at 360.368 BTC as of August 20, when the company acquired an additional $3.4 million of the original cryptocurrency.
🟠 Two UAE news (See slides)
⚡ Qatar Financial Centre (QFC) Authority Issues QFC Digital Assets Framework 2024
⚡ Huawei Introduces AI-ready Infrastructure in Saudi Arabia to Accelerate Local Digital Transformation  for Vision 2030

For slides click here: https://shorturl.at/dQ60J

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