🔴President Donald Trump’s Influence Sends Bitcoin to New ATH🚀: MicroStrategy’s $2B Buy 💰BlackRock’s ETF Surge ❗ FTX vs. Binance Drama Blockchain DXB⁠⁠ & Society X LinkedIn Live - Unfiltered Chat🟠
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📢 ⁠Blockchain DXB⁠) & Society X LinkedIn Live - Unfiltered Chat🗓️ Date: November 12th, 2024🕙 Time: 16:00 GST

Hosts:

• RA George - Blockchain DXB

• Markose Chentittha - Society X

Blockchain DXB Crypto Market Update - November 12th, 2024Market Overview

• Global Crypto Market Cap: $2.94 trillion (+5.59%)

• 24-Hour Trading Volume: $342.92 billion (+42.98%)

• Fear & Greed Index: 87 (Extreme Greed)

• Bitcoin: $85,474 (+0.70% over 24 hrs, +32.02% over 7 days)

• Ethereum: $3,216 (-3.17% over 24 hrs, +29.89% over 7 days)

• Solana: $212 (recent surge)

• Bitcoin Market Cap: $1.71 trillion (Dominance: 58.83%)

• Ethereum Market Cap: $396 billion (Dominance: 13.60%)

• Privacy Coins: Monero leads with a market cap of $2.87 billion.

• DeFi Market Volume: $10.97 billion; LIDO’s dominance at $33.35 billion.

• Stablecoin Volume: $312.56 billion, with Tether (USDT) at $272.77 billion.

Saudi Tourism Authority Launches 'SARA' AI: A hyper-realistic AI travel companion, SARA, was launched in beta by the STA, designed to enrich the tourism experience in Saudi Arabia. The AI, showcased in London, offers real-time travel assistance and cultural insights, highlighting Saudi heritage through advanced generative AI.

- First Crypto Content Creator Campus Concludes: Dubai hosted over 200 global crypto creators, exploring the intersection of crypto and content creation. Key sessions featured speakers like Randi Zuckerberg and Zach King. The event emphasizes Dubai's growing influence as a content and blockchain innovation hub.

- MicroStrategy Adds 27,200 BTC: MicroStrategy has made a significant Bitcoin acquisition, now holding 279,420 BTC worth around $23 billion, following recent market gains. The investment strategy includes share issuance and a target BTC yield between 6-10% by 2027.

- BlackRock’s Bitcoin ETF Overtakes Gold Fund: BlackRock’s iShares Bitcoin Trust ETF, launched this year, has exceeded $33 billion, surpassing their gold ETF, reflecting strong investor interest and potential regulatory tailwinds with recent U.S. political developments.

- FTX Sues Binance: FTX has filed a lawsuit seeking $1.8 billion from Binance and its CEO, CZ, alleging fraudulent transfers during a 2021 buyback. This follows ongoing legal disputes between the two exchanges.

• Blockchain DXB's Bitcoin-Only Platform: RA George, Blockchain DXB's CEO, is launching a Bitcoin-exclusive platform to provide education, news, and resources across technical and beginner levels, emphasizing Bitcoin as a sound monetary standard.