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Episode Title: Weekly Crypto, Blockchain, and AI Insights with Markose Chentittha and RA George, Blockchain DXB)Date: 28th November
๐ Welcome to todayโs episode of Blockchain DXB)! In this special edition, we recap our LinkedIn Live discussion with Markose Chentittha from Oort Foundation & Society X, and RA George from Blockchain DXB. Together, we explored: ๐ Key crypto market movements ๐ Geopolitical influences ๐ก Blockchain and AI updates
- ๐ Bitcoin's Extreme Volatility:
Price Movements:
Contributing Factors:
โฎ๏ธ Ceasefire Developments:
Israel-Hezbollah ceasefire in Lebanon: Positive sentiment led to a Bitcoin price rebound ๐.
Trump's Meeting at Mar-a-Lago ๐๏ธ: Potential geopolitical influence on the markets.
Pump.fun: Launched in January 2024, allowing users to mint tokens with minimal expertise ๐ค๐ช.
Concerns:
Notable Purchases:
MicroStrategy: Holds 386,700 BTC (~$37.6 billion) ๐ผ.
Metaplanet (Japan): Holding 1,142 BTC, announced a $62M raise for further Bitcoin accumulation ๐ฏ๐ต๐น.
Rumble Inc: Allocating $20M for Bitcoin purchases ๐.
Jiva Technologies: Announced a $1M BTC treasury, boosting share prices by 36.4% ๐.
Regional Focus:
Bitcoin MENA ๐: Speculation about the UAE or other Middle Eastern entities adopting Bitcoin as a treasury asset ๐ช.
Overall Market Health:
Daily trading volume: Over $200 billion ๐ธ.
Stablecoin performance: Strong ๐ช.
DeFi: Underperforming compared to 2020/2021 metrics ๐.
Recommended Resources:
Upcoming Events:
๐ Bitcoin MENA
๐ Ethereum Saudi
Updates from Our Speakers:
Markose Chentittha: Updates from Oort Foundation and Society X ๐ผ.
RA George:
๐ Stay tuned for more updates! Check out the resources mentioned for deeper market insights. ๐ Join us next week for another LinkedIn Live session. ๐ง Donโt forget to subscribe to the Blockchain DXB) podcast for your weekly dose of blockchain, crypto, and AI!
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๐ธ Donate via Bitcoin/crypto.