Blockchain DXB: 🔴 03rd Feb 🔴 🟠 Trumps Tariffs Explained (Genius move) 🚀 BTC & Crypto 🔻 Uniswap V4 DeFi launch❗ Polkadot ETF in the US 🟢Tether - $13B Profit for 2024 | Blockchain DXB

03rd Feb: Blockchain DXB Podcast 🎙️
🟠Tariffs 🚀 BTC & Crypto 🔻 Uniswap V4 DeFi launch❗ Polkadot ETF in the US 🟢Tether - $13B Profit for 2024
🔴 On 1st Feb, President Donald J. Trump Imposed Tariffs on Imports from Canada, Mexico and China. Official info via The White House here https://shorturl.at/Fu4tx
- President Trump declared a national emergency over illegal immigration and fentanyl, imposing 25% tariffs on Canada and Mexico and 10% on China to pressure them into action. With 10M illegal crossings and 75K fentanyl deaths annually, he argues tariffs are a necessary tool to secure the border and protect Americans.
🎙️ Check out the Blockchain DXB episode for today we discuss the impact on the price of hashtag#BTC & hashtag#Crypto. We discuss the following
- Inflationary Pressure Could Boost Bitcoin
- Market Uncertainty & Institutional Demand for Bitcoin
- Increased Crypto Demand in China, Mexico, & Canada
- Impact on Mining & Energy Costs
- BTC as a Hedge Against Government Overreach
- Potential Capital Flight to Crypto
- Short-term impact
- Mid to long-term impact: Bullish for Bitcoin
- Altcoins & stablecoins
⚡ Uniswap V4 : A New Era of DeFi Official blog here https://shorturl.at/cnueC Uniswap Labs
- Uniswap v4 introduces hooks for unparalleled DeFi customization, 99.99% lower gas costs, and native ETH support. Built with nine audits and a $15.5M bug bounty, it's now live on 10 blockchains. Users can swap seamlessly via Uniswap’s web app and wallet, with enhanced security and efficiency. 🚀
🚨 21Shares has filed for a Polkadot ETF in the U.S., with Coinbase as custodian, aiming to track Polkadot’s price on the Cboe BZX Exchange. Despite skepticism from analysts, they note that market demand will determine its success. 21Shares already runs a Polkadot ETP in Switzerland, but it has struggled with low trading volume. Once a top-10 crypto, Polkadot now ranks #19 with a $10B market cap. This ETF joins other altcoin ETF filings (Litecoin, XRP, Solana, Dogecoin), with speculation that a Trump administration could foster a more crypto-friendly regulatory environment. Info via DLNews https://shorturl.at/CwRQY
🟢Tether.io Hits $13 Billion Profits for 2024 And All-Time Highs in U.S. Treasury Holdings, USD₮ Circulation, and Reserve Buffer in Q4 2024 Attestation. Official Attestation report here https://shorturl.at/JdrKS
- A highlight of the quarter is Tether’s increased exposure to U.S. Treasuries, which reached $113 billion in direct and indirect holdings—another all-time high. This positions Tether among the largest holders of U.S. Treasuries globally, underscoring the company’s commitment to liquidity and stability.
🟠 Two UAE news (See slides)
⚡ Ai Everything Global to kick off on February 4, exploring global industry shifts
⚡ Saudi Arabia plans $600 billion in new US investment, trade over four years