"UAE's $40B Bitcoin Holdings: A Game-Changer for Crypto Adoption"

In this episode of Chain Train, we cover key developments in the crypto space. Bitcoin’s price has dropped to $95k due to the Fed’s hawkish stance, while the UAE has accumulated $40 billion in Bitcoin to reduce its oil dependency. The EU demands Tether’s compliance with MiCA regulations, and Bitwise launches a Solana staking product. Meanwhile, North Korean hackers are behind $1.34 billion in crypto thefts in 2024. The episode explores these shifts and their market impact.

Reference:https://www.linkedin.com/newsletters/chain-train-7126277052151844864/