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Blockchain DXB 🔴 12th August 🔴 🟠 David Bailey $1b of bitcoin Smash Buy U.S.-China Economic meeting 🔥Malaysia Central Bank - BTC & XRP is money? ❗️Do Kwon to plead guilty ?
David Bailey, CEO of BTC Inc & Nakamoto Holdings, plans a $1B Bitcoin “smash buy” on Aug 12 — signaling strong conviction and inspiring confidence across the Bitcoin community.
The U.S. and China extended for 90 days the suspension of 24 percentage points of extra tariffs (keeping 10%) plus non-tariff concessions. Potential Bitcoin/crypto impacts: short-term price boost 🔺, reduced USD–CNY volatility 🔺, mining supply chain relief 🔺, higher Asian liquidity 🔺, stronger institutional confidence 🔺, but short-lived relief risk ⚠️.
Bank Negara Malaysia’s Shariah analysis names Bitcoin & XRP as potential money alternatives under a hybrid classification — theoretically viable but facing adoption hurdles.
Do Kwon, behind Terra/Luna’s $40B collapse, is set to plead guilty in U.S. federal court.
UAE updates: Demand AI Group opens Dubai HQ, and Dubai’s AI Accelerator seeks innovators to reimagine government services.
🟠 For slides click here: https://tinyurl.com/2bub7svr
🟠 LinkedIn profile: https://www.shorturl.at/xaYKW%C2%A0
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Published on 6 days, 16 hours ago