š¢ ā Blockchain DXBā ) & Society X LinkedIn Live - Unfiltered Chatšļø Date: November 14th, 2024š Time: 12:00 pm GST Episode Overview
In this week's episode of Unfiltered Chat, RA George and Markose Chentittha cover the latest macro developments in crypto, blockchain, and AI. From Bitcoin's impressive rise to $90,501 to BlackRockās expanding multichain strategy, we dive deep into the headlines shaping the digital finance landscape. The hosts also discuss the impact of political shifts on crypto regulation, new tools for developers, and the ongoing evolution of AI and blockchain integration.
- Bitcoin Market Update
Bitcoin Price Surge: Bitcoin has hit an impressive $90,501, with a look at the current macroeconomic factors influencing this momentum.
Political Moves and Their Impact on Crypto
President Trumpās Policy Shifts: Following Trumpās election win, the hosts discuss his choice of Elon Musk and Vivek Ramaswamy to lead a new initiative focused on Dogecoin (DOGE) and his call for shutting down various government agencies like the FED, FBI, and FDA.
Potential Regulatory Changes: How these policy moves could influence the U.S. crypto regulatory environment and market conditions.
Germanyās Missed Bitcoin Opportunity
The $1.7 Billion Oversight: Recent data reveals that Germany missed out on $1.7 billion in potential profits by selling 50,000 Bitcoins at $64,000. A look at the overall implications and lessons learned.
Stablecoins and DEX Volume Insights
Stablecoin Consistency: Stablecoins continue to maintain a market volume above $300 billion, with Tether (USDT) alone accounting for $248 billion.
Decentralized Exchange (DEX) Performance: Uniswap, Raydium, and PancakeSwap are consistently outperforming, with volumes exceeding $4 billion, $3 billion, and $1 billion, respectively.
BlackRockās BUIDL Goes Multichain
Expanding Beyond Ethereum: BlackRockās BUIDL fund now supports multiple chains including Aptos, Arbitrum, Avalanche, Optimism, and Polygon, managing $520 million in assets. This move marks a significant step in decentralized finance.
Tetherās New Developer Toolkit
Introduction to the Wallet Development Kit (WDK): Tether unveils a modular, open-source toolkit designed to help developers integrate USDā® and Bitcoin wallets into various applications.
Key Features: The toolkit includes self-custodial options, customizable modules, and quick integration capabilities, making it easier for businesses to adopt non-custodial wallets.
Circle and Kraken on the Path to IPOs
Public Listings on the Horizon: With Trump's win potentially easing regulatory barriers, crypto firms Circle and Kraken are exploring IPO opportunities. Circle has confidentially filed, while Kraken has secured $100 million in pre-IPO funding.
The Intersection of AI and Blockchain