🔴The AI Takeover🔴 04th Dec 🔴 BREAKING South Korea Martial Law causes Bitcoin prices 🔻 Coinbase integrates Apple Pay for #BTC & #DOGE 🔴Franklin Templeton’s tokenized funds 🔴GoWoke Go Broke - Nike
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Introduction

- The entire episode is powered by Notebook LM by Google, showcasing AI-generated voices and insights.

- This episode is entirely AI-driven, providing a review of Blockchain DXB's earlier episode released on December 4th, 2024.

1. South Korea's Martial Law and Crypto Market Impact

- President Yoon declared martial law to "root out pro-North Korea elements."

- Immediate turmoil in crypto markets:

- Bitcoin dropped from $96,000 to $63,000 on South Korean exchanges.

- XRP saw a steep 30% decline in Korean won terms.

- Local exchanges like Upbit and Bithumb experienced delays and surges in activity.

- Martial law’s continuation remains unclear, leading to prolonged uncertainty in the region.

2. Global Crypto Market Overview

- Global crypto market cap: $3.43 trillion (up 0.41%).

- Total 24-hour volume: $277.53 billion (2.17% decrease).

- Stablecoins dominated trading with Tether USDT at $220.60 billion.

- DeFi highlights:

- Volume: $26.52 billion; TVL: $128.01 billion.

- DEX-to-CEX ratio: 44.88%.

- Lido dominance: $35.20 billion.

3. Ripple’s Stablecoin and XRP Performance

- Ripple’s new stablecoin approval expected later today.

- XRP’s price currently at $2.53 (down 7.55% this week).

4. DeFi Innovations and Tokenized Assets

- Franklin Templeton integrates blockchain verification for its Bitcoin ETF and US Government Money Fund using the Avalanche network.

- Retail investors gain access to tokenized assets with seamless participation in DeFi.

5. Coinbase Integrates Apple Pay

- Instant fiat-to-crypto conversions using Apple Pay for Bitcoin, Dogecoin, and USDC.

- Reduces transaction times from minutes to seconds.

6. UAE Highlights

- Solartrip Launch:

- AI-powered travel platform with cryptocurrency payment options.

- Offers 2.5 million accommodations and 800+ global flight routes.

- Blockchain-powered loyalty program using Solana.

- DWF Labs Relocation:

- Moves headquarters to Abu Dhabi, solidifying UAE’s blockchain leadership.

- Benefits from Abu Dhabi Global Market’s pioneering regulations.

- UAE’s proactive blockchain ecosystem extends to tourism, financial services, and beyond.

7. NFT Market Update

- Nike’s RTFKT shutting down due to declining interest in Ethereum-based NFTs.

- Clone X valuations dropped from $63,000 to under $1,000.

- How will South Korea’s political instability impact global crypto markets in the long term?

- Can Ripple’s new stablecoin restore confidence in XRP?

Closing Remarks

- Share your thoughts on our Telegram channel.

- Stay tuned for tomorrow’s episode of Blockchain DXB.

- Thanks to Notebook LM by Google for powering today’s fully AI-driven episode!

Join our Patreon: https://www.patreon.com/BlockchainDXB

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