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The Bitcoin Street Journal Market Update

The Bitcoin Street Journal Market Update

156 episodes — Page 3 of 4

Ep 63Anna Spills The Beans And Serves Up The Garlic| Episode 51 Week 28

Welcome to The Bitcoin Street Journal Bitcoin Market Update podcast, your daily source for live updates on the bitcoin market. Join us as we delve into current bitcoin technical analysis, track bitcoin (BTC) prices, explore market capitalization trends, and analyze market supply. Stay ahead of the curve with our comprehensive coverage of the ever-evolving world of bitcoin. In today's episode, we'll cover NAB halting crypto exchanges, increased liquidity driving up the price of Bitcoin, Gnosis launching self-custodial debit card, projects receiving tokens for building AI tools, BlockFi CEO allegedly knowing about FTX's unstable balance sheet, expert refuting Greenpeace's claims on Bitcoin mining pollution, Elon Musk's aim for unbiased AI, Cybercriminals using AI for phishing attacks, and various updates on Bitcoin, crypto mining, scams, and podcasting sponsorship model.Hey everyone! It's time for a special Nostr shoutout on today's episode of the podcast. We have to give a big thanks to Corndalarian for being the reason why I'm here hosting this show. Without Corndalarian, this podcast wouldn't exist, so a huge shoutout to you!But let's shift our attention to Ethereum for a moment. There's some exciting news about its scaling solution, zkSync. They have unveiled their latest prover tech called 'Boojum.' This new prover decreases transaction time and reduces the need for expensive hardware. It's all about making the network more accessible for everyday users and enhancing security.And there's more! Aave Companies has launched V2 Lens, which introduces 'Blocking' to their crypto social app. This latest version brings several new functionalities to the platform, making it even more versatile and user-friendly.Oh, and have you heard about Binance? They have finalized their Bitcoin Lightning Network integration. Now, Binance customers can easily withdraw and deposit funds using Bitcoin's Layer-2 scaling solution. It's all about making transactions smoother and more efficient.Projects in the crypto space are constantly pushing the boundaries of innovation, and one area that has seen significant interest is artificial intelligence (AI). With the rise of blockchain technology, developers have been exploring ways to leverage AI and its potential applications. Now, with the advent of the Internet Computer Protocol (ICP), projects have the opportunity to receive up to $100,000 in ICP tokens to build AI tools.

Jul 18, 202322 min

Ep 62Bitcoin Market Update The Week Ahead Breakdown | Episode 50 Week 28

Welcome to The Bitcoin Street Journal Bitcoin Market Update podcast, your daily source for live updates on the bitcoin market. Join us as we delve into current bitcoin technical analysis, track bitcoin (BTC) prices, explore market capitalization trends, and analyze market supply. Stay ahead of the curve with our comprehensive coverage of the ever-evolving world of bitcoin. In today's episode, we'll cover CZ admitting to involuntary terminations at Binance, a father and son facing jail time for a crypto scam, BitMEX introducing social trading, the launch of Aave stablecoin GHO, the surge of 1INCH while Bitcoin stagnates, Kim Dotcom teasing a Bitcoin Cash app, Coinbase restricting staking, Aave DAO voting for GHO stablecoin launch, the release of NFT-enhanced sneakers by Roc Nation and Puma, Binance reducing staff, Meta's focus on AI, Thyssen museum minting Van Gogh NFTs, the Space Mermaids game on XRP, XRP leading altcoin week, AI causing a Hollywood strike, Le Clu3 introducing NFT loyalty perks, Bitcoin miners facing a stress test, the SEC accepting BlackRock's Bitcoin ETF application, the struggle for tokens launched too soon to find a user base, Louis Vuitton embracing NFTs, de-dollarization, Bitcoin's market cap, regulations, and the potential for a new international currency.Hey there! Today, we've got some interesting news in the world of cryptocurrency and technology. Let's dive right in!First up, CZ, the CEO of Binance, has admitted to involuntary terminations within the company but disagrees with the reported numbers. It seems there's always something happening at Binance. In a shocking case, a father and son are facing up to 20 years in jail for orchestrating a $10 million crypto scam. It's unfortunate to see people taking advantage of others in the cryptocurrency space, but it's good to see that they're being held accountable for their actions.BitMEX, a popular platform for professional traders, has introduced social trading called Guilds. This feature allows traders to collaborate, share trading strategies, and learn from each other. It's a great way to foster a sense of community among professional traders.Aave, a decentralized lending platform, has launched its stablecoin called GHO on the Ethereum mainnet. GHO has been in development for the last year and aims to make markets more accessible and efficient for its users. Stablecoins play a crucial role in the crypto ecosystem, providing stability in an otherwise volatile market.In today's episode, we covered a wide range of topics including involuntary terminations at Binance, a crypto scam with jail time, new developments in social trading and stablecoins, surges in 1INCH and stagnation in Bitcoin, exciting NFT releases, and the impact of AI on Hollywood. We also explored the acceptance of BlackRock's Bitcoin ETF application by the SEC, the challenges faced by tokens launched too soon, and the entry of Louis Vuitton into the NFT space. Additionally, we discussed Binance's integration of the Bitcoin Lightning Network, the significant investment inflows into digital assets, and Ethena's successful fundraising for Ethereum stablecoin development. Finally, we delved into the concept of de-dollarization, Bitcoin's market cap, regulations, gold, and the potential for a new international currency. Thanks for listening to today's episode, I'll see you guys at the next one and don't forget to subscribe!

Jul 17, 202323 min

Ep 61nostr - Notes and Other Stuff Transmitted by Relays | Episode 49 Week 27

Welcome to The Bitcoin Street Journal Bitcoin Market Update podcast, your daily source for live updates on the bitcoin market. Join us as we delve into current bitcoin technical analysis, track bitcoin (BTC) prices, explore market capitalization trends, and analyze market supply. Stay ahead of the curve with our comprehensive coverage of the ever-evolving world of bitcoin. In today's episode, we'll cover the topics of creating a censorship-resistant social network without relying on central servers, the issues faced by Mastodon and SSB's complicated protocol, how Nostr uses clients and relays for censorship-resistance, the unique features that set Nostr apart from other social networks, and the process of finding people to follow in a Nostr social network.Hey there! Let me tell you about nostr - Notes and Other Stuff Transmitted by Relays. It's a super cool open protocol that aims to create a global "social" network that is resistant to censorship once and for all. And the best part? It doesn't rely on any trusted central server, making it resilient and secure. So how does it work? Well, it's all based on cryptographic keys and signatures, making it tamperproof. You and everyone else who wants to be part of nostr runs a client, which can be a native client or a web client. When you want to publish something, you simply write a post, sign it with your key, and send it to multiple relays. These relays are servers hosted by someone else or even yourself. Now, when you want to get updates from other people, you ask multiple relays if they know anything about these other people. The cool thing is that anyone can run a relay, and they're super simple and dumb - they accept posts from some people and forward them to others. And the best part is that you don't have to trust these relays. The client side verifies the signatures, ensuring that your messages aren't tampered with. Now, if you're eager to start using Nostr, there are a few handy resources you should check out. First, you'll find a Telegram group where you can join and get involved in the ongoing work. It's a great place to connect with others who are passionate about this project. If you're wondering about the features of the Nostr client, we have a nifty comparison chart to help you out. It highlights the different functionalities of the native and web clients, making it easier for you to choose the one that suits your needs. And to give you a taste of the awesomeness built on Nostr, there's a handy list of projects that have been developed using this open protocol. It's amazing to see the innovation and creativity that has sprung from this community. So why is Nostr needed anyway? Well, let's talk about the problems with Twitter. First and foremost, Twitter bombards us with ads. It can get pretty annoying when you're trying to scroll through your feed and all you see are sponsored posts. Nostr, on the other hand, focuses on providing a clean and uninterrupted user experience. Another issue with Twitter is its strange techniques to keep us addicted. The constant notifications, the algorithmic timeline, and the never-ending scroll - all designed to keep us hooked. Nostr takes a different approach, putting control back into the hands of the users. Today's episode covered the creation of a censorship-resistant social network using Nostr protocol, highlighting its advantages over Mastodon and SSB, the role of clients and relays, and the unique features that set Nostr apart, including spam prevention and user customization. Thanks for listening to today's episode, I'll see you guys at the next one and don't forget to subscribe!

Jul 14, 202321 min

Ep 60The Bitcoin Street Journal Weekend Market Wrap-up | Episode 48 Week 27

Welcome to The Bitcoin Street Journal Bitcoin Market Update podcast, your daily source for live updates on the bitcoin market. Join us as we delve into current bitcoin technical analysis, track bitcoin (BTC) prices, explore market capitalization trends, and analyze market supply. Stay ahead of the curve with our comprehensive coverage of the ever-evolving world of bitcoin. In today's episode, we'll cover Coinbase's argument against the SEC crackdown, the expansion of DeFi startup Ondo, the compatibility of Safe's 'Smart Wallet,' the SEC's lawsuit against Celsius Network, Telegram's enablement of payments, TachyonX's support for crypto founders, XRP's surge after a court ruling, the charges against the former Celsius CEO, the signing of a CryptoPunk DJ with WME, Musk's accusation of harassment, the rise of altcoins after the XRP ruling, Circle CEO's warning on USD, Ethereum's reaching of $2000, Ripple's design for banks, the resumption of XRP trading by Coinbase, the approval of a strike by actors, the increasing embrace of NFTs by game publishers, lawsuits against Celsius Network, the ability of miners to manipulate transactions with MEV, Ripple's partial win boosting the crypto market, the shutdown of Multichain after the CEO's arrest, the bail set for the former Celsius CEO, the relisting of XRP by exchanges, the value of CryptoPunks as NFTs, the announcement of a new NFT for "The Flash" movie, Ripple's victory against SEC, and Bitcoin's new high along with the comparison of dollar cost averaging for Bitcoin, SPY, and GLD.Hey there! Today, we've got some interesting news from the world of cryptocurrency. Let's jump right in!First up, Coinbase, one of the leading cryptocurrency exchanges, is in a legal battle with the U.S. Securities and Exchange Commission (SEC). Coinbase argues that the SEC should have sought Congressional support before cracking down on the crypto industry. They believe that the SEC's actions have been too broad and sweeping, and that it's important to have a clear regulatory framework.Moving on, a decentralized finance (DeFi) startup called Ondo is expanding its market reach. They were the first company to tokenize U.S. Treasuries and now they want to go beyond the Ethereum mainnet. They're taking their yield-earning stablecoin alternative to Polygon, a popular blockchain network. By expanding to different networks, Ondo aims to reach a wider audience and provide more options for their users.Not your private keys not your bitcoin. Practice good OPSEC. "Even crypto wallet extensions, password managers, and 2FA extensions are vulnerable."Please support us on Fountain dot com, Nostr.build, Spotify, Amazon Music, RSS dot com, Pandora, Samsung Podcasts, Stitcher, Apple Itunes, Iheart Radio and many more by adding a like share or subscribe for The Bitcoin Street Journal. Thanks for listening and your support!Thanks for listening to today's episode, I'll see you guys at the next one and don't forget to subscribe!

Jul 14, 202319 min

Ep 59The Bitcoin Street Journal Market Update | Episode 47 Week 27

Welcome to The Bitcoin Street Journal Bitcoin Market Update podcast, your daily source for live updates on the bitcoin market. Today, we dive into current bitcoin technical analysis, track BTC prices, and explore market trends. We cover topics such as Grayscale Bitcoin Shares' narrowing discount and LunarCrush's fundraising. We also discuss EU's stablecoin guidance and Cool Cats' gaming expansion, alongside Sound's recent $20M fundraising success.In the podcasting realm, there have been significant changes in the sponsorship model. Nostr Zaps and Value For Value (V4V) podcasting have revolutionized the traditional sponsorship approach by prioritizing a direct connection between podcasters and listeners. This shift has empowered podcasters to create content that aligns with their vision, fostering a loyal fan base. Simultaneously, listeners can actively engage, support, and contribute to the podcasts they appreciate. This collaborative and equitable approach is paving the way for the future of podcasting.To show your support for The Bitcoin Street Journal, please consider visiting Fountain.com, Nostr.build, Spotify, Amazon Music, RSS.com, Pandora, Samsung Podcasts, Stitcher, Apple iTunes, or iHeartRadio. Your support can be as simple as giving a like, share, or subscribing. We appreciate your continued support and thank you for listening to our podcast.On today's episode, we covered a wide range of topics, including the narrowing discount on Grayscale Bitcoin Shares, LunarCrush's successful $5 million raise, the EU's stablecoin guidance, Cool Cats' expansion into gaming, and Sound's impressive $20 million raise. We also delved into the latest news on scammers' dwindling profits, a spike in ransomware attacks, groundbreaking AI predictions for cancer treatment, the impact of lobbyists on the McHenry Crypto Bill, the potential of quantum computers, the NFT auction of a Notorious B.I.G. photo, Binance's investment in a crypto game publisher, the AI debate's influence on Hollywood writers, fractionalized NFT loans to museums, Polygon's launch of the POL token, Dapper Labs' recent layoffs, the divisive Arkham's marketplace, Tron DAO's developer tour, the investigation of a former FTX exec, ConsenSys' reveal of the zkEVM Rollup Network, Russia's approval of a national CBDC project, and Binance BNB Chain's upcoming hard fork. We also discussed the Ripple v. SEC ruling, the impact of falling Bitcoin and KAVA prices, the analysis of PEPE Coin, South Korea's regulations on crypto holdings, the MATIC to POL proposal, the ongoing gold vs. cryptocurrencies debate, Bitcoin's record highs in Argentina, the FTX bankruptcy case, the integration of Wallet Pay for crypto payments on Telegram, and the revolutionization of sponsorship models with Nostr Zaps and Value For Value podcasting. Thanks for listening to today's episode, I'll see you guys at the next one and don't forget to subscribe!

Jul 13, 202317 min

Ep 58The Bitcoin Street Journal Bitcoin Market Update Episode 46 Week 27

Welcome to The Bitcoin Street Journal Bitcoin Market Update podcast, your daily source for live updates on the bitcoin market. Buckle up buttercup, as we delve into current bitcoin technical analysis, track bitcoin (BTC) prices, explore market capitalization trends, and analyze market supply. Stay ahead of the curve with our comprehensive coverage of the ever-evolving world of bitcoin. In today's episode, we'll cover MATIC's rise before Polygon 2.0 rollout, successful NFT sales, the Magic Johnson-backed fantasy football AI platform, competition between Claude 2, ChatGPT, and Google Bard, the launch of Gran Saga: Unlimited, South Korea's crypto disclosures mandate, Bitcoin price analysis, Vanguard's purchase of a stake in Bitcoin miner Riot, the peak of Bitcoin's supply with growing institutional interest, the shutdown of the largest Algorand DeFi, Grayscale's criticism of the SEC, the Brazilian CBDC allowing account manipulation, and the latest updates on the crypto bill from Senators.MATIC is on the rise, with a 9% surge ahead of the Polygon 2.0 rollout. The network's growth is bouncing back, possibly due to increased on-chain activity and the conclusion of a $66 million sell-off by bankrupt Celsius. This positive momentum is good news for Polygon.In other news, an NFT-powered animated series created by Dan Harmon, called 'Krapopolis,' has finally been given a premiere date. The associated NFT collection has already generated nearly $1 million in sales. It's fascinating to see how Krappy NFTs are infiltrating various industries. LOL.Speaking of NFTs, SimWin Sports, backed by Magic Johnson, is infusing fantasy football with artificial intelligence and NFTs. They aim to bridge the gap between eSports and fantasy sports by offering a 24/7 virtual football league. This innovative approach adds a new dimension to the fantasy football experience.Are you a Minecraft enthusiast? Well, now you can earn Bitcoin for playing the game. The Satlantis Minecraft server has partnered with Bitcoin payments startup Zebedee to give out over 1 million satoshis per week. It's an exciting way to combine gaming and cryptocurrency.

Jul 12, 202310 min

Ep 57The Bitcoin Street Journal Bitcoin Market Update Episode 45 Week 27

Welcome to The Bitcoin Street Journal Bitcoin Market Update podcast, your daily source for live updates on the bitcoin market. Join us as we delve into current bitcoin technical analysis, track bitcoin (BTC) prices, explore market capitalization trends, and analyze market supply. Stay ahead of the curve with our comprehensive coverage of the ever-evolving world of bitcoin. In today's episode, we'll cover topics such as the Bitcoin hash rate hitting an all-time high, central banks launching CBDCs, scalability solutions like the Lightning Network, recent hacking incidents, the surge in Bitcoin funds, asset managers buying shares of Riot Blockchain & Marathon Digital, the increasing percentage of Ethereum staked, conditions for Bitcoin ETF approval outlined by a former SEC chair, price predictions including Bitcoin reaching $120K, the impact of NFT prices on ApeCoin, the use of AI in drug discovery and advanced visual effects, the growth of MATIC and Polygon, legal challenges and investigations in the crypto space, the benefits of BTC's energy usage, rebounding digital asset investments, and the criticism faced by Grayscale from the SEC.The Bitcoin network's computing power has reached a new high, strengthening the security of the world's largest cryptocurrency. Despite the stagnant prices, this increase in hash rate demonstrates the resilience and growth of Bitcoin. Speaking of cryptocurrencies, a survey by the Bank for International Settlements (BIS) highlights concerns over the widespread use of crypto and stablecoins, warning about potential threats to financial stability. Additionally, over twenty central banks are expected to launch their own digital currencies by the end of the decade.To address Bitcoin's slow transaction speeds and high costs, the Lightning Network has emerged as a scaling solution. It aims to provide faster and cheaper transactions, enhancing the usability of Bitcoin. In the gaming world, the creator of Stepn is developing a new social MMO called Gas Hero. Set in a dystopian world ravaged by nuclear war, Gas Hero brings players together in a captivating adventure.But let's take a step back and explore the fundamentals. What is hashing? Hashing plays a crucial role in maintaining the security of the Bitcoin network. It's a vital technology, but how does it actually work? Moving on, Bitcoin itself is seen as a currency, an asset, and a commodity, depending on the region and its regulations. This flexibility has contributed to Bitcoin's global adoption.In recent news, the Twitter account for the NFT project Gutter Cat Gang was hacked, resulting in the theft of NFTs worth around $750,000. Additionally, Arkham, a blockchain intelligence firm, is introducing an exchange where data on crypto wallet owners' identities can be traded. This move raises discussions around privacy and transparency within the cryptocurrency ecosystem.Turning to the world of gaming again, content creator and gamer Moe from 100 Thieves believes that blockchain games will eventually be embraced by livestreamers. As the industry evolves, it will be interesting to see how popular creators like xQc and Pokimane respond to this new wave of gaming experiences.Finally, let's talk numbers. Over the past three weeks, half a billion dollars has flowed into Bitcoin funds, indicating continued institutional bullishness. Additionally, the investment giant Vanguard now holds $560 million worth of Bitcoin mining stocks, signaling increased interest in the crypto mining sector.That's all for now. Stay tuned for more updates on the world of cryptocurrencies and blockchain technology.Hey there! Guess what? The $7.2 trillion asset manager has now invested a whopping half a billion dollars in Riot Blockchain and Marathon Digital shares. Talk about a big move!

Jul 11, 202312 min

Ep 56The Bitcoin Street Journal Bitcoin Market Update Episode 44 Week 27

Welcome to The Bitcoin Street Journal Bitcoin Market Update podcast, your daily source for live updates on the bitcoin market. Join us as we delve into current bitcoin technical analysis, track bitcoin (BTC) prices, explore market capitalization trends, and analyze market supply. Stay ahead of the curve with our comprehensive coverage of the ever-evolving world of bitcoin. In today's episode, we'll cover the U.S. regulatory clarity, EU warnings about DeFi, Bitcoin's drop, Elon Musk defending Tesla attorneys, Gemini's lawsuit against Digital Currency Group, OpenSea's support for NFTs on Zora's network, the U.S. remaining a crypto center, Bitcoin tokens moving to Ethereum, leadership change at Polygon Labs, AI choosing Bitcoin, Sega rethinking crypto games, Wimbledon data turned into NFT, a chatbot allegedly backing a man's plot, the uncertain future of DeFi, and AI aiding digital artists. Additionally, we'll discuss Bitcoin Spot ETF attracting new investors, Ethereum's protocol upgrade, Bitcoin hitting a one-year high, Solana surging, AI's ability to move Bitcoin, ChatGPT interpreting code to prove Earth is round, Winklevoss suing Silbert, Binance CEO dismissing FUD, Musk and Zuckerberg exchanging jabs on Twitter, Vitalik Buterin advising Bitcoin experimentation, Robert F. Kennedy Jr. purchasing Bitcoin, AI enhancing game development, and the decrease in crypto code commits. Finally, we'll talk about BTC defending $30K after BlackRock's ETF application, Gemini suing Genesis, Arthur Hayes seeing BTC as an AI currency, and Ripple's victory that may void an investor lawsuit.

Jul 10, 202314 min

Ep 55The Bitcoin Street Journal Bitcoin Market Update Episode 43 Week 26

Welcome to The Bitcoin Street Journal Bitcoin Market Update podcast, your daily source for live updates on the bitcoin market. Join us as we delve into current bitcoin technical analysis, track bitcoin (BTC) prices, explore market capitalization trends, and analyze market supply. Stay ahead of the curve with our comprehensive coverage of the ever-evolving world of bitcoin. In today's episode, we'll cover decentralized Twitter rival Bluesky's funding raise, OpenAI's leaked stable diffusion XL v0.9 and ChatGPT's traffic dip, Multichain funds movement, web3 conference in India hosted by Hashed Emergent and MarketAcross, various updates on cryptocurrencies including Bitcoin, Litecoin, ETH, XRP, and Shiba Inu, controversies surrounding BlockFi and FTX, OpenAI's feature withdrawal, Bitfinex's asset return, Binance executives resigning, CryptoQuant's funding raise, FBI raid on Kraken founder's home, the Nostrovia podcast, Bitcoin as a store of value, and the strategic moves of shrimp investors and BRICS towards a new gold-backed currency.Hey there! Let's dive into some interesting news from the tech world.Decentralized Twitter competitor, Bluesky, just announced that they raised an impressive $8 million in seed funding and also unveiled their first paid service. This is an exciting development in the world of social media.Moving on, Abracadabra Money, known for its innovative approach to decentralized finance (DeFi), is considering registering their DAO as a centralized legal body. This move would potentially bring a certain level of centralized structure to their operations.Meta, the company behind the popular 'Twitter Killer' app called Threads, has already onboarded millions of users within hours of its release. However, there's a catch! Some users have raised concerns about the fine print, as certain policies could lead to the unintended deletion of millions of Instagram accounts.In the gaming realm, a new game called Eyeball Pool is putting a unique NFT twist on the classic 8-Ball game. Developed by the creators of the highly successful game, 8 Ball Pool, this iOS and Android game will be built on Immutable zkEVM.In the world of cryptocurrencies, DeFi traders have encountered losses of a staggering $228 million due to hackers in just three months. This represents a significant increase in hacks and fraud-related losses. Stay vigilant out there!Circle, a prominent fintech firm, is inching closer to launching its competitor to Coinbase's wallet-building services. They're providing developers with the tools necessary to integrate crypto wallets into their applications.The International Monetary Fund (IMF) published a report emphasizing that preventing tax evasion in Bitcoin transactions requires more than just anti-money laundering measures. They highlight the need for the tax system to adapt to the world of cryptocurrencies.

Jul 7, 20239 min

Ep 54The Bitcoin Street Journal Bitcoin Market Update Episode 42 Week 26

Welcome to The Bitcoin Street Journal Bitcoin Market Update podcast, your daily source for live updates on the bitcoin market. Join us as we delve into current bitcoin technical analysis, track bitcoin (BTC) prices, explore market capitalization trends, and analyze market supply. Stay ahead of the curve with our comprehensive coverage of the ever-evolving world of bitcoin. In today's episode, we'll cover Binance suspending deposits and withdrawals for 10 tokens, Tezos art platform adding Ethereum, high trading volume for Bitcoin and Ethereum, NFT traders blaming marketplace Blur, an AI understanding proteins, game studios using AI, and Larry Fink CEO of Black Rock lauding bitcoin. Lets dive in.So, there's been some interesting developments in the world of cryptocurrencies recently. Let's start with Binance, one of the largest crypto exchanges out there. They temporarily stopped accepting deposits and withdrawals for ten tokens that are bridged between different blockchains. This happened because some transactions on the Multichain protocol got frozen back in May. It's all about ensuring a smooth and secure experience for users.Speaking of Multichain, a Tezos generative art platform called fxhash is expanding its horizons. They're now including Ethereum, which means they're embracing a multichain model. It's all part of their evolution and exploration of new possibilities.Moving on to trading volume, Bitcoin and Ethereum CME contracts hit a whopping $46.8 billion last month. This surge in trading activity coincides with a renewed interest from institutional investors in the largest cryptocurrencies. Maybe they're realizing the potential and opportunities that lie within this space.And in the world of Ethereum, the scaling solution called Starknet is getting a testnet for its latest upgrade. If everything goes well and the Starknet community gives their approval, this upgrade will be hitting the mainnet next week. Exciting times for Ethereum enthusiasts!We've got news from the banking sector too. DBS Bank, the largest bank in Southeast Asia, is adding support for China's CBDC (central bank digital currency). Clients will now be able to make e-CNY payments. It's another step towards the mainstream adoption of digital currencies.Hey, did you know that gaming and crypto go hand in hand? According to Michael Lee, the SVP of Growth at Matter Labs and former vice president of Activision, gaming is crypto's "killer app." He had a chat with Decrypt's Kate Irwin at the 3XP gaming conference to discuss crypto gaming and share his predictions for the industry.Now, let's talk about Bitcoin ETFs. Binance's CEO, Zhao, seems to be open to more players entering the space. In fact, he said, "The larger, the better," as it would offer more coverage and opportunities for investors. On another note, Valkyrie updated its Bitcoin ETF filing and listed Coinbase as a "surveillance-sharing" partner. It seems they're taking a proactive approach to ensure the integrity of Bitcoin spot markets and combat fraud.So, where are we in terms of Bitcoin's bull run? Well, the analysts are split. There's no easy answer, as investors have varying opinions and forecasts. It's a topic that sparks a lot of discussion and speculation.Coming back to BlackRock, its CEO, Larry Fink, recently praised Bitcoin. He now sees it as a digital representation of gold, a far cry from his previous dismissal of the cryptocurrency as a tool for money laundering. It's interesting to witness the shift in perspective among influential figures.Lastly, we've got some figures about Bitcoin mining revenue in Q2. Miners earned a whopping $184 million during this period, highlighting the potential profitability of this sector.

Jul 6, 20237 min

Ep 53The Bitcoin Street Journal Bitcoin Market Update Episode 41 Week 26

Welcome to The Bitcoin Street Journal Bitcoin Market Update podcast, your daily source for live updates on the bitcoin market. Join us as we delve into current bitcoin technical analysis, track bitcoin (BTC) prices, explore market capitalization trends, and analyze market supply. Stay ahead of the curve with our comprehensive coverage of the ever-evolving world of bitcoin. In today's episode, we'll cover topics such as Bitcoin hitting $31K and its impact on the crypto market, UK authorities setting rules for crypto promotion, OpenAI disabling browsing feature, Bitcoin buyers profiting with dollar cost averaging, Nostr Zaps revolutionizing podcast sponsorships, and the accurate short-term predictions made by Bitcoin Street Journal.Hey there! Let's dive into some interesting news in the crypto world. Bitcoin has reached an impressive milestone, hitting $31K after BlackRock refiled its ETF (Exchange-Traded Fund). This news has surely caught the attention of investors. Aptos, on the other hand, experienced a 10% jump, adding to the overall excitement in the market.Institutional investors have been keeping a close eye on Ripple (XRP) recently. Reports show that a substantial amount of institutional money flowed into XRP during June. This indicates a growing interest in the digital asset and could have significant implications for its future.Bitcoin continues to make waves as it achieves two consecutive green quarters for the first time since 2021. This is a positive sign for BTC, highlighting its resilience and potential for continued growth.Some heated drama has been unfolding in the crypto sphere. Cameron Winklevoss has issued a 3-day ultimatum to Barry Silbert from DCG, threatening a lawsuit. We'll have to stay tuned to see how this showdown unfolds.According to a recent report by Bitfinex, on-chain metrics and investor behavior point towards signs of a potential bull run. This is certainly something to keep an eye on as it could have a significant impact on the market.Unfortunately, Justin Bieber's investment in BAYC (Bored Ape Yacht Club) hasn't been going too well. He has experienced paper losses amounting to $1.24 million over the past 18 months. Investing in NFTs can be a risky and volatile venture.

Jul 5, 202314 min

Ep 52The Bitcoin Street Journal Bitcoin Market Update Episode 40 Week 26

Welcome to The Bitcoin Street Journal Bitcoin Market Update podcast, your daily source for live updates on the bitcoin market. Join us as we delve into current bitcoin technical analysis, track bitcoin (BTC) prices, explore market capitalization trends, and analyze market supply. Stay ahead of the curve with our comprehensive coverage of the ever-evolving world of bitcoin. In today's episode, we'll cover topics such as the financial independence enabled by Bitcoin, its decentralization and inclusion in the global economy, the challenges it poses to traditional banking systems, recent news and regulatory actions, cryptocurrency market updates, technological advancements, NFT exhibits, and various global developments in the crypto space.Bitcoin, often hailed as a modern declaration of financial independence, holds profound significance for those who value freedom and autonomy. Just as the United States Declaration of Independence called for the American colonies to break away from Great Britain and establish themselves as an independent nation, the Bitcoin white paper declared a similar secession, this time from fiat currency and centralized banking systems.In the spirit of Independence Day, it is crucial to understand how Bitcoin protects freedom and autonomy for individuals. Firstly, Bitcoin operates as a decentralized currency, meaning it is not controlled by any single entity, such as a government or central bank. This decentralized nature ensures that no single authority has the power to manipulate or control the currency's value.Moreover, Bitcoin enables individuals to have full control over their financial transactions. With Bitcoin, you are your own bank. No longer do you need to rely on traditional banking systems that may impose restrictions, freeze assets, or charge exorbitant fees. Bitcoin empowers individuals to send and receive funds without any intermediaries, granting unrivaled financial sovereignty.One could draw parallels between the Bitcoin white paper and the United States Declaration of Independence. Both documents called for people to assert their authority and break free from oppressive systems. And just as the Declaration of Independence sought to establish a new nation built on principles of liberty, equality, and self-governance, the Bitcoin white paper aimed to create a financial system rooted in freedom and autonomy.

Jul 4, 202314 min

Ep 51The Bitcoin Street Journal Bitcoin Market Update Episode 39 Week 26

Welcome to The Bitcoin Street Journal Bitcoin Market Update podcast, your daily source for live updates on the bitcoin market. Join us as we delve into current bitcoin technical analysis, track bitcoin (BTC) prices, explore market capitalization trends, and analyze market supply. Stay ahead of the curve with our comprehensive coverage of the ever-evolving world of bitcoin. In today's episode, we'll cover how nsecBunker enhances Nostr Keys protection, the advanced technology it offers for securing data, and how listeners can support the podcast's bitcoin content on different platforms.nsecBunker revolutionizes the way we protect our Nostr Keys. Gone are the days of manually copying keys, sharing them with teammates, and managing them across multiple servers. With nsecBunker, you have fine-grained control over your keys, allowing you to delegate access in a controlled and secure manner.One of the standout features of nsecBunker is client-side encrypted keys. Your Nostr Keys are stored encrypted with a passphrase of your choice. This means that even if your keys are compromised, they cannot be used without your decryption. This adds an extra layer of protection to your sensitive data.Another essential feature of nsecBunker is permission revocation. You have the power to grant and revoke access to your Nostr account to specific individuals or clients. This gives you full control over who can access your data and ensures that only authorized parties can use your keys.nsecBunker also provides an audit trail feature, allowing you to keep track of all actions taken on your account. This gives you transparency and accountability, ensuring that you are always aware of any changes or activities related to your Nostr Keys.In addition, nsecBunker allows you to enforce signing policies. You can grant restricted signing permissions on a per-user and per-client basis, giving you the flexibility to customize access rights based on specific needs. For example, you can permit the use of social media functions while prohibiting the modification of profile data.Don't wait any longer to secure your keys. Visit nsecBunker's website today at https://nsecbunker.com/ to purchase a bunker or build your own DIY solution. Protect your Nostr Keys and keep your digital spaces safe from potential threats.The constant threat of cyberattacks and data breaches is a growing concern in today's digital world. That's why there's a need for enhanced protection measures. Introducing nsecBunker, a revolutionary technology designed to strengthen the security armor around Nostr Keys. With nsecBunker, users can shield their Nostr Keys from prying eyes and ensure the integrity of their digital assets.

Jul 3, 20236 min

Ep 50The Bitcoin Street Journal Bitcoin Market Update Episode 38 Week 26

Welcome to The Bitcoin Street Journal Bitcoin Market Update podcast, your daily source for live updates on the bitcoin market. Join us as we delve into current bitcoin technical analysis, track bitcoin (BTC) prices, explore market capitalization trends, and analyze market supply. Stay ahead of the curve with our comprehensive coverage of the ever-evolving world of bitcoin. In today's episode, we'll cover the Bitcoin Street Journal's 50th podcast episode celebration, German crypto investors' perspective on digital assets as long-term investments, the decline in Bitcoin reserves on exchanges, the role of institutional investors in driving the surge in Bitcoin's price, the growing acceptance of cryptocurrency among U.S. investors, an international poll revealing high understanding and positive opinions about cryptocurrency, the increasing adoption of digital assets worldwide, Nostr's emergence as a secure messaging app with advanced AI technology and strategic partnerships, and the availability of The Bitcoin Street Journal Market update podcast on alternative platforms with support through various channels.Hey there! It's Monday, July 3rd, 2023, and guess what? The Bitcoin Street Journal is celebrating our 50th Podcast episode of The Bitcoin Street Journal Market Update! Can you believe it? It's been quite a wild ride so far, and we're super excited for what the future holds. But before we dive into today's news, we want to take a moment to thank you, our loyal listeners. We genuinely appreciate each and every one of you.Now let's jump into the headlines:- A recent survey reveals that 50% of German crypto investors see digital assets as a long-term investment. Looks like they're in it for the long haul!- Here's an interesting stat! According to another survey, a whopping 92% of global respondents have at least some basic knowledge of crypto. It seems people are catching on.Hey there! Welcome to The Bitcoin Street Journal Market update podcast, and what an exciting moment this is - our 50th episode! We're thrilled to have you listening in.If you've been enjoying our discussions so far, we've got even more unique bitcoin related content waiting for you on our website at TheBitcoinStreetJournaldotcom. And let's not forget about Nostr - we've fully embraced it along with other platform alternatives after parting ways with Youtube due to their lack of respect for freedom of speech and freedom of the press.Now, here's where we need your support. We would be truly grateful if you could show us some love on Fountain dot com, Apple, Spotify, Amazon Music, RSS dot com, Pandora, Samsung Podcasts, Stitcher, Rumble, IHeart Radio, and many more. You can do this by sending us some sats via value for value through getalbydotcom or fountaindotcom. Of course, you can always help out by giving us a like, sharing our content, or subscribing to The Bitcoin Street Journal.Remember, folks: not your private keys, not your bitcoin! Thanks for being here with us and for your amazing support. Let's dive into this milestone episode together!In today's episode, we celebrated the 50th podcast episode of Bitcoin Street Journal and discussed how German crypto investors view digital assets as long-term investments, the decline of Bitcoin reserves on exchanges, the role of institutional investors in driving Bitcoin's price surge, the growing acceptance of cryptocurrency among U.S. investors, the positive outlook on cryptocurrency worldwide, the rise of secure messaging app Nostr as an alternative to Twitter, and the various support channels available for The Bitcoin Street Journal Market update podcast. Thanks for listening to today's episode, I'll see you guys at the next one and don't forget to subscribe!

Jul 3, 202314 min

Ep 49The Bitcoin Street Journal Bitcoin Market Update Episode 37 Week 25

Welcome to The Bitcoin Street Journal Bitcoin Market Update podcast, your daily source for live updates on the bitcoin market. Join us as we delve into current bitcoin technical analysis, track bitcoin (BTC) prices, explore market capitalization trends, and analyze market supply. Stay ahead of the curve with our comprehensive coverage of the ever-evolving world of bitcoin. In today's episode, we'll cover SEC Chairman Gensler rumored resignation, Celsius selling altcoin portfolio, Citigroup reviewing partnership with Metaco, Coinbase prioritizing security, Creators of DeGods and y00ts upcoming developments, Litecoin surging into top 10 cryptocurrencies, Legend of Arcadia moving to new protocol Sui, Logan Paul facing criticism for not refunding CryptoZoo NFT buyers, Arnold Schwarzenegger warning of AI threat, Hong Kong embracing Web3, Kraken being ordered to provide user information to IRS, Bitcoin's price expected to reach $40k with a potential short-term retracement, and the importance of protecting your private keys.So, there's a rumor going around that SEC Chairman, Gary Gensler, might be stepping down from his position. Interesting news if it turns out to be true. Now, let's talk about Bitcoin. Have you ever wondered how much money it would take for Bitcoin to reach its peak? Well, there's been some analysis on that, so stay tuned.In other news, Celsius, a cryptocurrency platform, is planning to start selling its altcoin portfolio into Bitcoin and Ethereum. It seems like they're taking advantage of the market trends.Citigroup is apparently reviewing its partnership with Metaco, a company owned by Ripple. I wonder what that means for their future collaboration.Coinbase, one of the popular cryptocurrency exchanges, is prioritizing security as it prepares to launch its Mainnet. It's good to see them putting safety first.And speaking of expansion, Ethereum Name Service is gearing up for a layer 2 expansion. It's great to see the Ethereum ecosystem growing and offering more possibilities.Litecoin has been performing well, reaching a 14-month high above $100, and Bitcoin is reclaiming the $30,000 mark. Looks like an exciting time in the cryptocurrency market.Binance's Yi He recently spoke about their battle with the SEC and her relationship with CZ, the CEO of the exchange. It's always interesting to hear about the behind-the-scenes of such high-profile disputes.In other news, fundraisers in the Russian military have received $20 million in crypto amid sanctions over the Ukraine invasion. This raises questions about the role of cryptocurrencies in international conflicts.A judge has ordered Kraken, a popular cryptocurrency exchange, to turn over user information to the IRS. It seems like regulatory scrutiny is intensifying.There's been a lot of speculation about Ripple's ongoing legal battle with the SEC. Some believe that Ripple will definitely lose, but there might be a catch. It'll be interesting to see how this unfolds.

Jul 2, 20239 min

Ep 48The Bitcoin Street Journal Bitcoin Market Update Episode 36 Week 25

Welcome to The Bitcoin Street Journal Bitcoin Market Update podcast, your daily source for live updates on the bitcoin market. Join us as we delve into current bitcoin technical analysis, track bitcoin (BTC) prices, explore market capitalization trends, and analyze market supply. Stay ahead of the curve with our comprehensive coverage of the ever-evolving world of bitcoin. In today's episode, we'll cover topics such as Bitcoin ETF simplifying trading, Lacoste rewarding NFT holders, Binance losing a banking partner, Damus remaining on Apple, Bitcoin-friendly social app, Germany rejecting Binance, Candy Digital laying off employees, Polygon 2.0 unifying liquidity, Rumble Racing Star game preview, Canadian lawmakers supporting crypto, Fidelity refiling Bitcoin ETF, CS:GO banning accounts, an AI chatbot startup valued at $4B, Yuga's HV-MTL Forge game guide, Coinbase's Layer-2 network prepping for launch, Steam rejecting AI-generated games, and Typeface being valued at $1B. Furthermore, we'll also discuss CME Group launching Ethereum-to-Bitcoin futures, Sodexo releasing NFTs for employees, FTT soaring on FTX revival idea, Mastercard building an Ethereum-based app store, and the market drop of Ripple and Cardano. Lastly, we'll touch on Binance users having to provide new banking details.A Bitcoin ETF, or exchange-traded fund, is what everyone in the financial world seems to be talking about these days. But what exactly is it, and why are major players like Blackrock and Fidelity so interested in it? Well, let's break it down.Essentially, a Bitcoin ETF is a way for investors to trade the price of Bitcoin on traditional stock markets. This is a big deal because it creates a legally compliant and easily accessible avenue for individuals and institutional investors to get exposure to the cryptocurrency. No longer will they have to deal with the complexities of buying and storing Bitcoin themselves; instead, they can simply buy shares of the ETF and track the price of Bitcoin.This is particularly attractive to institutional investors like Blackrock and Fidelity who may have strict compliance requirements and risk management protocols. By investing in a Bitcoin ETF, they can get exposure to the potential upside of Bitcoin without having to directly hold the cryptocurrency.In today's episode, we discussed a wide range of topics including the simplification of Bitcoin trading with the introduction of a Bitcoin ETF, the exciting NFT rewards for Lacoste holders, the challenges faced by Binance with the loss of a banking partner, the continued success of Damus on Apple, and the emergence of a Bitcoin-friendly social app. We also covered the rejection of Binance in Germany, the layoffs at Candy Digital, the unification of liquidity on Polygon 2.0, and a thrilling preview of the Rumble Racing Star game. Additionally, we delved into how Canadian lawmakers are showing support for crypto, the refiling of a Bitcoin ETF by Fidelity, the account bans in CS:GO, the impressive valuation of an AI chatbot startup at $4 billion, the game guide for Yuga's HV-MTL Forge game, Coinbase's Layer-2 network preparations for launch, and the rejection of AI-generated games by Steam. Finally, we explored the value of a typeface reaching $1 billion. Thanks for listening to today's episode, I'll see you guys at the next one and please don't forget to subscribe to The Bitcoin Street Journal Podcast on Fountain Dot FM!

Jun 30, 202315 min

Ep 47The Bitcoin Street Journal Bitcoin Market Update Episode 35 Week 25

Welcome to The Bitcoin Street Journal, your go-to podcast for daily live updates on the world of bitcoin markets. With current live bitcoin technical analysis, up-to-date information on Bitcoin (BTC) price, market capitalization, and market supply, you'll always be in the know on the latest happenings in the ever-evolving world of cryptocurrency. Be sure to hit the subscribe button to stay informed and never miss an episode! In today's episode, we'll cover MicroStrategy's recent acquisition of 12,333 BTC, Binance's EUR banking partner ending support, Bitcoin's dominance in derivatives markets, the trial of FTX founder, Israel's seizure of crypto accounts, Diablo IV fashion line summoning AR demon, tasting metaverse ramen, Laguna's rejection of GoT for Crypto Unicorns, and TUSD's high volume.Hey there! Let's dive into some exciting news from the crypto world. First up, we have Horizen Protocol confirming that ZEN is losing its status as a privacy coin. This development marks an important change in the privacy coin landscape.Now, here's something that caught everyone's attention. MicroStrategy, led by Michael Saylor, recently purchased a staggering 12,333 BTC for a whopping $350 million. That's equivalent to about $28,000 per Bitcoin! Talk about a big move in the crypto market.Not stopping there, MicroStrategy has been on a relentless buying spree. As of June 27, 2023, they now hold a whopping 152,333 BTC, acquired for approximately $4.52 billion. This means they have an average price of $29,668 per Bitcoin. Impressive, right?Speaking of MicroStrategy, they've made another headline with yet another Bitcoin purchase. This time, they acquired an additional 12,333 BTC for a cool $347 million. It seems like MicroStrategy is really betting big on Bitcoin.Moving on, let's talk about the Federal Reserve. According to Tom Luongo, the Fed is projected to raise interest rates to 6%. This decision, combined with potential bank implosions, is causing quite a stir. Stay tuned for the fallout from these actions.In other news, Prime Trust has been placed in receivership by Nevada's regulator. This development raises questions about the state of the company and its future.In today's episode, we covered MicroStrategy's massive Bitcoin purchase, Binance's banking partner ending support, and some exciting updates from the world of gaming and cryptocurrency - thanks for listening, I'll see you guys at the next one and don't forget to subscribe!

Jun 29, 202315 min

Ep 46The Bitcoin Street Journal Bitcoin Market Update Episode 34 Week 25

Welcome to The Bitcoin Street Journal, your go-to podcast for daily live updates on the world of bitcoin markets. With current live bitcoin technical analysis, up-to-date information on Bitcoin (BTC) price, market capitalization, and market supply, you'll always be in the know on the latest happenings in the ever-evolving world of cryptocurrency. Be sure to hit the subscribe button to stay informed and never miss an episode! In today's episode, we'll cover Bitcoin's dominance in the market, Kraken's increase in EUR market share, the successful launch of BITX futures, and Tether's agreement with Georgia.Bitcoin is stealing the spotlight once again, and it's leaving a mark on the market. BTC's dominance has climbed up to 58%, the highest it's been since April 2021.Kraken, one of the leading cryptocurrency exchanges, has more good news to share. In the EUR market, their share of trading volumes has skyrocketed from 33% to an impressive 54% this year.The leveraged Bitcoin futures ETF, known as $BITX, had an incredible start, trading a staggering $5.5 million on its very first day. This makes it one of the most successful ETF launches in 2021.In the world of crypto exchanges, FTX is making waves as it initiates talks to revamp its flagship international exchange. Exciting times ahead for FTX and its users.Tether, the popular stablecoin, has signed a memorandum of understanding (MOU) with the government of Georgia. This partnership aims to develop blockchain technology, Bitcoin adoption, and peer-to-peer infrastructure to foster innovation.Fidelity, a renowned financial institution, is reportedly getting ready to file for a spot Bitcoin ETF with an eye-popping $4.5 trillion. This move shows increasing interest from institutional investors.Jack Dorsey, the CEO of Twitter, publicly questions why Apple Pay doesn't support Bitcoin. This remark sparks discussions about the mainstream adoption of cryptocurrencies and their integration into existing payment systems.Riot, the Bitcoin mining firm we mentioned earlier, has secured an impressive 33,280 mining rigs ahead of the Bitcoin halving event. This acquisition further solidifies their position in the mining industry.Bitcoin continues its battle to break the $30,000 mark, while Radix (XRD) experiences a 13% daily drop. Stay tuned for the latest market updates.In the world of tax laws and cryptocurrencies, some countries stand out for their favorable regulations. Discover which countries are leading the way in creating crypto-friendly tax environments.In a surprising twist, it turns out that inflation is caused by none other than Taylor Swift. Well, not really, but it's always interesting to stumble upon unexpected claims.Join us on various podcast platforms, such as Fountain dot fm, Apple, Spotify, Amazon Music, RSS dot com, Pandora, Samsung Podcasts, Stitcher, and iHeart Radio. Your support matters, so remember to like, share, and subscribe to The Bitcoin Street Journal.Remember, if you don't have control over your private keys, you don't truly own your Bitcoin. Protect your assets and stay informed.In today's episode, we discussed Bitcoin's dominance in the market, Kraken's growth in the European market, the successful launch of BITX futures, and Tether's agreement with Georgia. Thanks for listening, I'll see you guys at the next one and don't forget to subscribe! Thank you!

Jun 28, 20237 min

Ep 45The Bitcoin Street Journal Bitcoin Market Update Episode 33 Week 25

Welcome to The Bitcoin Street Journal, your go-to podcast for daily live updates on the world of bitcoin markets. With current live bitcoin technical analysis, up-to-date information on Bitcoin (BTC) price, market capitalization, and market supply, you'll always be in the know on the latest happenings in the ever-evolving world of cryptocurrency. Be sure to hit the subscribe button to stay informed and never miss an episode! In today's episode, we'll cover various topics related to the world of finance and cryptocurrency, including how climate change affects inflation lolz, news on Bitcoin outperforming tech equities, German central bank risking bailout, HSBC Hong Kong allowing ETFs for trading BTC and ether, job cuts at Robinhood, SEC's impact on Solana, Polygon, and Cardano, Apple removing Bitcoin tipping service, Circle CEO being optimistic about Bitcoin ETF approval, Gemini cofounder's warning about the limited window to buy BTC before ETF floodgates close, and much more.Did you know that climate change has an impact on inflation? Christine Lagarde, the President of the European Central Bank, recently shared her unique understanding of economics that explains how climate change affects inflation. BRRRRR.In other news, Bitcoin's correlation with the tech-heavy Nasdaq 100 decreased to just 3% in June, the lowest level seen in almost three years. Despite that, Bitcoin outperformed tech equities and jumped nearly 14% this month, while the Nasdaq 100 was up only 3%. Interestingly, Bitcoin's correlation with traditional risk assets has steadily decreased this year from an average of 60% in 2022.On another note, the German central bank, Bundesbank, may require a bailout to cover the losses it incurred after participating in the European Central Bank's bond-buying program. The federal auditor has warned of the potential setback that could lead to the program's downfall.In Hong Kong, HSBC now allows customers to trade Bitcoin and ether ETFs listed on the city's stock exchange. This development comes after the Bitcoin ETF $BITO received its largest weekly inflow in a year, and now has $1 billion in assets. This bullish sentiment is undoubtedly growing.Unfortunately, Robinhood had to cut staff again as its trading volume and engagement dwindled. Meanwhile, Bitcoin Cash exploded 100% weekly, while BTC looks for direction in the market.In addition to market news, Bybit received a preparatory license from Dubai's Virtual Assets Regulatory Authority. However, FTX is currently under fire after the CEO of the cryptocurrency exchange claimed that the firm had been misusing customer funds since its inception.Looking at the cryptocurrency industry as a whole, popular analyst @tedtalksmacro pointed out an intriguing correlation between China's quantitative easing and the rise in total market capitalization of cryptocurrencies. Additionally, the liquidity injection by the People's Bank of China in early 2020 seems to correlate with the macro bottom of Bitcoin's price. It appears that the current injection of cheap cash will follow right after the bottom of the preceding bear market. That's a wrap on today's cryptocurrency update.We've got a lot to cover in today's podcast episode, with plenty of news and updates to catch up on. First up, it looks like Bitcoin tipping service, Damus, has been booted from the Apple App Store. Despite their attempts at clarification, the app was finally removed, leaving many surprised and disappointed.In other news, you may have heard about Nodeless, the non-KYC Bitcoin Lightning Processor that Jack Dorsey recently tweeted about. Essentially, it makes it possible to accept Lightning payments without the need for Know-Your-Customer requirements.

Jun 27, 20236 min

Ep 44The Bitcoin Street Journal Bitcoin Market Update Episode 32 Week 25

Welcome to The Bitcoin Street Journal, your go-to podcast for daily live updates on the world of bitcoin markets. With current live bitcoin technical analysis, up-to-date information on Bitcoin (BTC) price, market capitalization, and market supply, you'll always be in the know on the latest happenings in the ever-evolving world of cryptocurrency. Be sure to hit the subscribe button to stay informed and never miss an episode! In today's episode, we'll cover the rise in Bitcoin price and approval of leveraged Bitcoin futures ETF, emerging tech topics such as NFTs in fashion and AI updates, and updates on BlockFi fine by SEC, availability of ETH staking in UK, and a new AI course Part 2.Welcome to The Bitcoin Street Journal's Market Update, Episode 32 for Week 25, starting Monday, June 26th, 2023. This week, billionaire and legendary Wall Street fund manager Paul Tudor Jones shared his thoughts on Bitcoin, stating, "Bitcoin is the only thing humans can't adjust the supply in. I'm going to stick with it." He further added, "I'm going to always stick with Bitcoin." If you remember, Bitcoin is up 75% since Jim Cramer's warning to investors to 'get out' back in January. It's been quite a ride, hasn't it? But, that's not all – here's a summary of other high-profile Bitcoin news in the last week: - Protests continue in Lebanon as people demand their money back from banks blocked since the start of the financial crisis in 2019.- While Bitcoin exchange-traded funds have sprung up around the world, the U.S. SEC continues to stonewall proposals for a Bitcoin spot ETF. - Spain gives Crypto.com the green light to set up shop, meaning the Singapore-based platform can now offer its services in Spain.- In arbitration disputes, Coinbase wins the Supreme Court's favor over a 5-4 vote. - Yuga Labs is writing the book on CryptoPunks - quite literally! The history of the CryptoPunks NFT project will get its own physical tome, thanks to Yuga and Zak Group tapping the community for an official book. - The IMF is now suggesting that crypto bans may not be the best move after previously saying that countries should consider it. - Bored Ape Yacht Club NFT floor prices are plunging as traders suggest that airdrop farming for the Blur marketplace token is having a negative effect. - Robert F. Kennedy Jr. praises Bitcoin while stating his concerns regarding CBDCs, which he believes are "instruments of control" and "certain to be abused."- Elon Musk and Mark Zuckerberg loom in a potential battle, and crypto gamblers are placing their bets via Polymarket.- Finally, Bitcoin touches $31,000 as the BlackRock rally continues. The world's largest and oldest cryptocurrency has come a long way after starting the year below $17,000. In other Bitcoin news, the SEC has approved the first leveraged Bitcoin futures ETF, The Volatility Shares 2x Bitcoin Strategy ETF (BITX), scheduled to launch on the Chicago Board Options (CBOE) BZX Exchange next Tuesday, June 27th. That's all for this week's market update. Stay tuned for more news and insights from The Bitcoin Street Journal.Hey there! Today, we have a lot of interesting news to cover, so let's jump right in. First up, Gmoney, the founder of 9dcc, recently spoke about how emerging tech is redefining luxury fashion at Paris Men's Fashion Week with Jeff Staple. The discussion focused on the impact of NFTs on the industry.

Jun 26, 20238 min

Ep 43The Bitcoin Street Journal Bitcoin Market Update Episode 31 Week 24

Welcome to The Bitcoin Street Journal, your go-to podcast for daily live updates on the world of bitcoin markets. With current live bitcoin technical analysis, up-to-date information on Bitcoin (BTC) price, market capitalization, and market supply, you'll always be in the know on the latest happenings in the ever-evolving world of cryptocurrency. Be sure to hit the subscribe button to stay informed and never miss an episode! In today's episode, we'll cover Bitcoin custody registration in France, illiquid supply new ATH, BitGo drops Prime Trust, SEC relinquishes BlockFi penalty, Coinbase buying exceeded selling, Atomic Wallet working to recover funds, Anichess raises $1.5m, CleanSpark acquires two Georgia facilities, and new crypto ventures arise.Welcome to the Bitcoin Street Journal Bitcoin Market Update Episode 31 Week 24, coming to you on this lovely Friday June 23rd, 2023. Let's dive right into the latest crypto news, shall we? First up, we have some exciting news out of France - Crédit Agricole’s CACEIS has just gained crypto custody registration, making it the latest bank to offer these services in the country. This is a big step forward for crypto adoption in France. Another interesting development this week is that Bitcoin's illiquid supply has reached a new all-time high of 15.2M BTC, while exchange balances have fallen to their lowest levels since Jan 2018 at 2.3M BTC. In other news, BitGo has dropped its plans to acquire rival crypto custodian Prime Trust. And FTX is moving to claw back $800 million from K5 Global, Olympus Capital, SGN Albany. We also saw a divergence in buying and selling trends on different platforms - Coinbase experienced more buying compared to selling over the past few days, while the opposite trend occurred on Binance. Interesting, isn't it? Moving on to regulatory news, the SEC has decided to relinquish the $30M BlockFi penalty until investors are repaid. However, Binance.US is refuting SEC claims about mishandling user funds. In other crypto developments, DeFi platform Struct Finance has introduced new interest rate products, while Blockchain-based network World Mobile has introduced a buyback program. And Wimbledon has integrated AI-powered commentary for this year’s championship. On the cryptocurrency price front, Shiba Inu experienced a pump after its lead developer shared "Shibarium" update details. And PEPE Coin price soared 10% daily as BTC bulls fight for $30K. Speaking of crypto price analysis, check out the latest on ETH, XRP, ADA, DOGE, and SHIB. We also have some exciting news for Lightning Network enthusiasts - Jack Dorsey and Spiral's Bitcoin Lightning Development Kit have announced the LDK Node, enabling users "to quickly and easily get a Lightning node up and running within a day." Finally, an interesting fact - two years ago, Credit Agricole's managing director had predicted that by 2025 bitcoin will be worth less than a dollar. How times have changed, right? And as always, a friendly reminder - hold your bitcoin in cold storage for maximum security. Thanks for tuning in to this week's Bitcoin Market Update.Lots of interesting and exciting news in the world of cryptocurrencies and blockchain technology today. Let's start with the news that crypto wallet Atomic Wallet has reported that less than 0.1% of its users have been affected by a recent hack that resulted in the loss of $100 million in cryptocurrencies. The Atomic Wallet team is currently working to recover the stolen funds but have not confirmed how much was taken.

Jun 23, 20236 min

Ep 42The Bitcoin Street Journal Bitcoin Market Update Episode 30 Week 24

Welcome to The Bitcoin Street Journal, your go-to podcast for daily live updates on the world of bitcoin markets. With current live bitcoin technical analysis, up-to-date information on Bitcoin (BTC) price, market capitalization, and market supply, you'll always be in the know on the latest happenings in the ever-evolving world of cryptocurrency. Be sure to hit the subscribe button to stay informed and never miss an episode! In today's episode, we'll cover how Fountain dot fm allows listeners to support podcasts using Bitcoin Lightning Network, including the ability to discover, top up, and support over 12,000 podcasts with splits and fees.Hey there! Are you a big fan of podcasts? If so, you'll be excited to hear about a new way to support your favorite shows. On Fountain.fm, you can support podcasts as you listen using a payment system called The Bitcoin Lightning Network. This system allows you to send and receive small units of Bitcoin known as sats. So why should you support your favorite podcasts? Well, many of us have learned a lot from the podcasts we listen to regularly, and they've inspired us in countless ways. Since most podcasts are available for free, they rely on income from many different sources, including advertising. By supporting podcasts on Fountain.fm, you can show your appreciation and send some value back in return. It's what we call "Value for Value." Right now, there are over 12,000 podcasts you can support on Fountain.fm, with more joining every week. You can support any podcast with a yellow Lightning Bolt on the show or episode pages. If the bolt isn't yellow, that means the podcaster hasn't set up to receive payments yet. You can tag the podcaster in a tweet and tell them to claim their show so you can start supporting them. When you press the bolt, you'll see a button labeled Splits. With Splits, podcasters can share income with guests, contributors, and good causes. Whenever you support a podcast, the money gets divided and distributed to all the splits. To support a podcast, simply listen to any Lightning Podcast, and you'll see two options on the player screen: Stream and Boost. With Stream, you can send sats to the podcaster for every minute you spend listening. The minimum is 10 sats per minute to ensure that each split gets their share. You can toggle streaming on or off from the menu and update the number of sats you want to send every minute. With Boost, you can send sats to the podcaster along with a message. Boosts get displayed as comments so that other listeners can read and respond to them. Fountain.fm charges a 4% fee on top of all streams and boosts, but you can join Fountain.fm Premium to reduce your transaction fees to just 1% and get access to other advanced features. When topping up your wallet, you can choose to deposit with Lightning or with a bank card. To learn more about all of this, feel free to check out the links we've provided. Happy listening and supporting!Today we discussed an innovative way to support your favorite podcasts with the Fountain dot fm platform, enabling you to use Bitcoin Lightning Network to give back to the podcast creators you love. Thanks for tuning in, and don't forget to subscribe for even more podcast insights in the future!

Jun 22, 20233 min

Ep 41The Bitcoin Street Journal Bitcoin Market Update Episode 29 Week 24

Welcome to The Bitcoin Street Journal, your go-to podcast for daily live updates on the world of bitcoin markets. With current live bitcoin technical analysis, up-to-date information on Bitcoin (BTC) price, market capitalization, and market supply, you'll always be in the know on the latest happenings in the ever-evolving world of cryptocurrency. Be sure to hit the subscribe button to stay informed and never miss an episode! In today's episode, we'll cover bullish investors in the crypto market, SEC involvement with Ethereum founder, new NFT network from Zora, unique Bitcoin mining in a spa, Ripple's Singapore payments license, the surge of meme coins, ADA's rise above $0.30, launch of a new VC fund tied to OPNX by 3AC founders, and critical support for XRP at $0.5.Hey there, welcome to The Bitcoin Street Journal Bitcoin Market Update for the week of June 22nd, 2023. This week, Bitcoin saw a surge past $30,000 as big investors are feeling positive about the biggest cryptocurrency and the rest of the crypto market. In other news, Ethereum Founder Vitalik Buterin has ties to SEC Darling Prometheum, which began when Feng Xiao, then-CEO of Wanxiang Blockchain Labs, befriended Buterin and purchased $500,000 worth of Ethereum back in 2015.Polygon also made waves this week by launching its own Copilot, a ChatGPT AI Assistant Chatbot. This Ethereum scaling solution developer integrated OpenAI's ChatGPT to launch Polygon Copilot. Meanwhile, Zora launched a Layer-2 NFT Network to combat Ethereum gas fees, with Co-founder Jacob Horne saying these fees are a "systemic inhibitor" to Web3 adoption.Binance is also making headlines once again, with a Binance exec potentially being called to testify in Brazil over alleged pyramid schemes. US Congress is pressing forward on AI regulation with a proposed commission, which aims to set a regulatory framework amid a global race to control how AI takes part in the society of the future.In other news, Jeff Staple and Gmoney dropped a 'Pigeon Shit' Cap Collab at Paris Fashion Week. The 9dcc x Stapleverse baseball cap is sold via a redeemable NFT and can be digitally signed. Meanwhile, Fed Chair Powell said Bitcoin has 'staying power' as an asset class, stating that "the ultimate source of credibility in money is the central bank." A proposed Bitcoin fund called the Bitcoin ETF Printer has also gone 'BRRR' as Valkyrie refiles with SEC and Ex-Barclays CEO praises BlackRock Bitcoin ETF Filing.There have been some more unique stories as well, with a New York City spa getting heat for heating with Bitcoin mining. The Bathhouse shared how the process works, inviting people to “enjoy a hot pool while supporting the Bitcoin network.” Gods Unchained also hit Epic Games Store ahead of mobile expansion. The long-running NFT card game is now available in Epic’s popular marketplace, as part of a year of expansion for Gods Unchained. Finally, Ripple gained an in-principle payments license in Singapore, with Ripple CEO Brad Garlinghouse saying the approval reaffirmed the company’s commitment to the Asia-Pacific region.Lastly, meme coins continue to do extremely well, with PEPE's 79% weekly gains leading the surge as DOGE, SHIB, and FLOKI all saw double-digit increases. ADA also exploded with a 9% daily increase and broke above $0.30, sparking discussion about what could be next for this cryptocurrency.

Jun 22, 20236 min

Ep 40The Bitcoin Street Journal Bitcoin Market Update Episode 28 Week 24

Welcome to The Bitcoin Street Journal, your go-to podcast for daily live updates on the world of bitcoin markets. With current live bitcoin technical analysis, up-to-date information on Bitcoin (BTC) price, market capitalization, and market supply, you'll always be in the know on the latest happenings in the ever-evolving world of cryptocurrency. Be sure to hit the subscribe button to stay informed and never miss an episode! In today's episode, we'll cover Bitcoin mining's sustainability efforts, including the use of renewable energy sources, and the steps being taken to reduce its environmental impact, such as climate-friendly hardware and carbon footprint disclosure policies.Bitcoin mining, typically viewed in a negative light, is actually making strides towards becoming a more sustainable practice. In fact, it has the lowest emission intensity of any sector of the economy. The mining process uses a lot of energy, which has raised concerns about its impact on the environment. However, as renewable energy sources like hydropower, wind, and solar become more prevalent, miners are becoming more open to using them to power their operations. This shift towards green energy is evident in the increasing global share of renewable energy used in Bitcoin mining, which rose from 39% in January 2020 to almost 60% in early 2021. Mining giant F2Pool has taken a step further in adopting solar energy to power its operations, reducing energy costs by up to 70%. This is all part of a larger industry-wide initiative to focus on green energy resources and promote environmental sustainability.Are you curious about Bitcoin mining's environmental impact and how to minimize it? There are a few key ways that miners and companies can make a difference.First of all, by using climate-friendly hardware, like smartphones, tablets, and laptops, they can increase energy efficiency and reduce power usage. While most mining is still done with specialized ASIC machines, as USA Today reports, it's possible to use lower-power machines, as software developer Dave Conroy demonstrated with his 40-iPhone mining rig.Incentivizing renewable energy use is another important step. One idea proposed by Long Yuan, founder of HashCow Miner, would offer miners discounts on electricity rates from renewable sources like wind, solar, and hydroelectric power. By shifting away from fossil fuels, the Bitcoin industry could dramatically reduce its carbon footprint.Another action that could make a big difference is pushing for disclosure policies around carbon footprints. If companies had to publicly share their emissions data and electricity sources, it would encourage greater transparency and dialogue between miners and communities.The good news is that, as renewable energy gets cheaper and more available, more miners are choosing to use it. In fact, Bitcoin's current carbon emissions are estimated to be lower than some of the world's biggest banks and tech companies. As more miners follow their lead, and focus on responsible, sustainable practices, we can expect Bitcoin's environmental impact to continue decreasing.So while Bitcoin mining may have a reputation for being bad for the planet, a greener, more sustainable future is not only possible, it's already in the works.On today's episode, we discussed the sustainability of Bitcoin mining, including the industry's lower emission intensity and steps being taken to reduce its environmental impact through renewable energy sources, climate-friendly hardware, and carbon footprint disclosure policies. Thanks for listening, and don't forget to subscribe!

Jun 21, 20234 min

Ep 39The Bitcoin Street Journal Bitcoin Market Update Episode 27 Week 24

Welcome to The Bitcoin Street Journal, your go-to podcast for daily live updates on the world of bitcoin markets. With current live bitcoin technical analysis, up-to-date information on Bitcoin (BTC) price, market capitalization, and market supply, you'll always be in the know on the latest happenings in the ever-evolving world of cryptocurrency. Be sure to hit the subscribe button to stay informed and never miss an episode! In today's episode, we'll cover the launch of EDX Markets crypto exchange with backing from Citadel Securities, Fidelity, and Schwab; Bitcoin breaking $28k high; chatbots not meeting EU AI standards; CME reflecting bullish activity but also discussing the risks of holding Bitcoin on an exchange; the importance of practicing small transactions to gain proficiency. Additionally, we'll discuss a new restaurant in town that offers a unique dining experience with fresh ingredients, vegetarian/vegan options, cozy atmosphere, and friendly staff.Have you heard about the newest crypto exchange backed by Citadel Securities, Fidelity, and Schwab? EDX Markets has officially started its operations, bringing the best of Wall Street to a technology aimed at replacing it. Bitcoin has been making waves lately, with the volume of BTC traded relative to all other cryptocurrencies increasing from 25% to 32%. And if that's not enough, the new daily high for Bitcoin currently sits at $28,000! BlackRock's recent filing for a Bitcoin ETF has caught the attention of many, with GBTC trading volume spiking 400% in response. Plus, WisdomTree and Invesco have filed their own applications for spot Bitcoin ETFs. But it's not all good news in the world of crypto. Binance US's market share is evaporating, likely due to the SEC case looming over the exchange. And to make matters worse, there's a fake Trezor wallet in the Apple App Store that's been draining crypto from unsuspecting users. On a lighter note, have you seen the bizarre AI tools that you can try out in 2023? From Twitter bots roasting humans to AI cats, the possibilities are endless. And if you're a fan of NFTs, Slim Jim is giving away 10,000 free "GigaJims" on Polygon. There's also been some exciting news in the world of generative art. With the help of blockchain tools, platforms like Code Canvas and Art Blocks are allowing users to quickly mint high-quality NFTs. And if you're a fan of the age-old question, "What came first, the chicken or the egg?" OpenAI's generative chatbot doesn't hesitate to give you an answer.Finally, if you're keeping a close eye on the Bitcoin market, you'll know that its price has exploded to $29K, leaving $150M liquidated along the way. But with Bitcoin soaring 12% weekly, it's hard not to get excited about its future potential.Hey there, let's talk about some interesting developments in the world of Bitcoin. It seems that CME, one of the biggest exchanges for Bitcoin futures trading, is experiencing very bullish action lately. Their basis has even pushed to yearly highs, which is definitely something to keep an eye on.Now, if you're holding onto your sats on an exchange, you might want to think twice. In fact, it's probably more risky to keep your Bitcoin on an exchange rather than risking a botched transaction. Why? Well, exchanges certainly don't want you to know all the risks associated with holding on their platform. They don't want you to know that Bitcoin on an exchange isn't actually real Bitcoin. It's just an IOU. Scary stuff, right?

Jun 21, 20237 min

Ep 38The Bitcoin Street Journal Bitcoin Market Update Episode 26 Week 24

Welcome to The Bitcoin Street Journal, your go-to podcast for daily live updates on the world of bitcoin markets. With current live bitcoin technical analysis, up-to-date information on Bitcoin (BTC) price, market capitalization, and market supply, you'll always be in the know on the latest happenings in the ever-evolving world of cryptocurrency. Be sure to hit the subscribe button to stay informed and never miss an episode! In today's episode, we'll cover sustainable bitcoin mining, legal charges against Sam Bankman-Fried for XRP and DOGE trade, a bitcoin ATM operator's lawsuit against local sheriff over crypto scam, NY's ban on CoinEx, and Salesforce's $6M investment in NFT firm Mnemonic.In this week's episode of The Bitcoin Street Journal's Market Update, we've got some interesting news to share! New research has found that Bitcoin mining is the most sustainable sector of the economy, with 52.6% of its energy usage coming from sustainable sources. This is good news for those who've been concerned about the environmental impact of Bitcoin mining. Moving on to legal news, it seems Sam Bankman-Fried, also known as SBF, may not serve any jail time after the Feds quietly dropped five charges against him. The remaining charges will be plea-bargained away. Bitcoin dominance has soared to a two-year high as BTC maintains $26K, while other altcoins like XRP and DOGE have only seen insignificant gains on a daily scale. If you're interested in learning about this week's worst performers, we've got an analysis of LDO, ADA, APT, SOL, and MATIC for you. In exciting news, the Hinman Speech was unsealed in the process of Ripple's case against the SEC, revealing some spicy information that has just recently become public for the first time. Unfortunately, it isn't all good news for crypto this week. ETH has crashed 6% daily, and some are predicting $1500 to be the next target. On the regulatory front, Brazil's president has empowered the Central Bank as a crypto regulator. South Korean crypto lender has also suspended withdrawals. However, there's some positive news too. The mayor of Miami, who is known for being a Bitcoin lover, has joined the US presidential race. Voyager is set to enable customer withdrawals this month, and BlackRock has filed a Bitcoin spot ETF application and tapped Coinbase. In other news, we've got stories about OKCoin being warned by the FDIC over promotional material, Binance exiting Netherlands after failing to secure a VASP license, and Arthur Hayes claiming removal of US retail investors from the crypto capital market is misplaced. CZ refutes reports that Binance's French branch was under investigation. Stablecoin DAI has surpassed BUSD amid the Binance-SEC regulatory row. However, Binance.US resort to job cuts as it prepares for long and costly litigation with the SEC. Do Kwon's detention in Montenegro could be extended by another six months, and Binance launches a Bitcoin transaction accelerator and teases a layer-2 solution. Finally, we've got some heartwarming news. The crypto community has come together to donate over $600K in hours after ZachXBT was sued. On the other hand, an American Express-backed crypto platform is slammed with fraud charges by a Texas regulator. In the world of cryptocurrency news, things are always moving pretty fast. Let's dive right in with our first story - apparently there was a crypto scam in Texas that led to a lawsuit between a Bitcoin ATM operator and a local sheriff. According to reports, things got pretty messy, but we don't have all the juicy details just yet.

Jun 19, 20237 min

Ep 37The Bitcoin Street Journal Bitcoin Market Update Episode 25 Week 23

Welcome to The Bitcoin Street Journal, your daily source for live market updates, technical analysis, and breaking news regarding Bitcoin. Stay up-to-date with the latest Bitcoin trends, market capitalization and supply, as well as financial and economic news by subscribing to our podcast. Join us on the journey through the world of Bitcoin and its impact on our daily lives. In today's episode, we'll cover the contradicting opinions of major banks on Bitcoin, and how they secretly invest in it through MicroStrategy.Hey there, today we're talking about an interesting topic that intersects finance, technology, and even regulatory issues. A new article sheds light on the dual and somewhat hypocritical position of major banks regarding Bitcoin. While they often dismiss Bitcoin as a dubious asset, they secretly invest in Bitcoin-focused companies, ultimately benefiting from its success. This is a significant paradox and raises questions about their authenticity and credibility in the eyes of cryptocurrency enthusiasts. The Securities and Exchange Commission is going after the leading cryptocurrency exchange, Binance, for operating in the United States without proper authorization, among other alleged violations. Meanwhile, BlackRock and Bank of America, two significant players in the financial world, have both acquired substantial stakes in MicroStrategy, a company invested mainly in Bitcoin. These actions, as we mentioned, contradict their public statements and cast doubt on their criticism of Bitcoin. Additionally, Standard Chartered Bank is another major player with a strong presence in Asia that has predicted Bitcoin's price to surge to $100,000 by 2024, despite downplaying its credibility. So it boils down to Bitcoin's double-edged perception, which opens up the debate of how traditional banking and cryptocurrencies will evolve and potentially merge.Banks' Bitcoin Hypocrisy Unveiled: Simultaneous Attacks on Binance and Investments in BitcoinIn a stunning turn of events, major banks find themselves entangled in a web of contradictions regarding their stance on cryptocurrencies. While the Securities and Exchange Commission (SEC) targets leading cryptocurrency exchange Binance, these very banks are covertly investing in Bitcoin, with MicroStrategy being one of their primary conduits. BlackRock, Bank of America, and even Standard Chartered Bank, despite their skepticism, are acquiring significant stakes in MicroStrategy, all while predicting a promising future for Bitcoin. This article delves into the astonishing hypocrisy exhibited by financial institutions as they downplay the credibility of Bitcoin in public while privately accumulating substantial amounts.Banks Under Attack: Binance Faces SEC ScrutinyThe SEC's recent offensive against Binance, one of the world's largest cryptocurrency exchanges, has sent shockwaves through the cryptocurrency industry. The regulatory agency has accused Binance of operating in the United States without proper authorization, among other alleged violations. While the legal battle between Binance and the SEC ensues, it is worth examining the actions of traditional banks that appear to be capitalizing on the very assets they publicly question.MicroStrategy: A Bitcoin Bull with Banking BackingMicroStrategy, a renowned business intelligence firm, has emerged as one of the most significant Bitcoin holders globally. The company's CEO, Michael Saylor, has been an outspoken advocate for Bitcoin, repeatedly touting its potential as a store of value and hedge against inflation. Curiously, major banks, including BlackRock and Bank of America, have made substantial investments in MicroStrategy, despite their apparent skepticism regarding Bitcoin.

Jun 15, 20236 min

Ep 36The Bitcoin Street Journal Bitcoin Market Update Episode 24 Week 23

The Bitcoin Street Journal Bitcoin Market Update Episode 24 Week 23Welcome to The Bitcoin Street Journal, your daily source for live market updates, technical analysis, and breaking news regarding Bitcoin. Stay up-to-date with the latest Bitcoin trends, market capitalization and supply, as well as financial and economic news by subscribing to our podcast. The daily diary of the bitcoin dream. Join us on the journey through the world of Bitcoin and its impact on our daily lives. In today's episode, we'll cover the basics of the Nostr protocol, including how to create an account, use clients to access the protocol, follow friends, and browse content. We'll also discuss the use of NIPs and relays, and offer tips on using specific clients like Coracle and Damus. Finally, we'll talk about how to contribute to the success of Nostr.Have you ever wanted a truly global and censor-resistant social network? Well, that's where Nostr comes in. Nostr is a simple and open protocol that enables just that. It's a decentralized social network created to empower users and allow them to connect directly without relying on a central authority. So, how can you get started on Nostr? It's simple. Create an account and join thousands of others who are already on the network. Once you're in, you'll be able to see what makes the protocol so special. The Nostr protocol is based on flexible event objects that use standard elliptic-curve cryptography for keys and signing. By relying only on websockets connections from clients to relays, it promotes software diversity and makes it easy to write clients and relays.One of the essential features that make Nostr unique is that it is resilient. Nostr doesn't rely on a small number of trusted servers for moving or storing data. This means that the protocol is very resilient to censorship or any other kind of interference. Users can connect and publish to an arbitrary number of relays that they can change over time.Another key aspect of Nostr is that it's verifiable. Every Nostr account is based on public-key cryptography. This feature makes it easy to verify that the messages were actually sent by the user in question.But why do we need Nostr? Our current social media systems are fundamentally broken. They rely on using user's attention to sell ads and bizarre techniques to keep people addicted. These systems also decide what content to show you based on a secret algorithm that you can't inspect or change. And unfortunately, they also have complete control over who can participate and who is censored. The good news is that there are resources out there to help you learn more about Nostr and how you can use it. There are different clients (apps) you can use for the web, iOS, Android, or Desktop, whatever suits your needs best. There are also contributions you can make to help develop the Nostr protocol or relay implementation. So, are you ready to become part of this exciting decentralized social network revolution? Check out the recommended external content and micro-tools that can help you navigate and use Nostr. The possibilities are endless, and the benefits are significant.Today we're talking about how to get started with Nostr, and I'm here to guide you through the process! When you create a Nostr account, it's based on a public/private key pair. Your public key is basically your username, and your private key acts as your password - but with one major difference: if you lose your private key, it can't be reset. So be sure to store it in a safe place, like a password manager.Now, Nostr itself is just a protocol - a set of rules for passing messages around on the internet. To access this protocol, you'll need a client. Clients can be web-based, desktop-based, or even on your mobile device. They help you fetch data from relays, as well as generate new data and share it with others.

Jun 14, 202322 min

Ep 35The Bitcoin Street Journal Bitcoin Market Update Episode 23 Week 23

Welcome to The Bitcoin Street Journal, your daily source for live market updates, technical analysis, and breaking news regarding Bitcoin. Stay up-to-date with the latest Bitcoin trends, market capitalization and supply, as well as financial and economic news by subscribing to our podcast. Join us on the journey through the world of Bitcoin and its impact on our daily lives. In today's episode, we'll cover how to launch a DAO using smart contracts and governance tokens, steps to form a DAO, popular sites for launching a DAO, necessary tools, types of DAOs, and the future of DAOs becoming mainstream.Have you ever heard of a Decentralized Autonomous Organization, or DAO for short? It's a type of organizational structure that decentralizes control and uses smart contracts on a blockchain. DAOs have gained a lot of popularity recently, and as of June 2022, the DAO ecosystem has a combined treasury value of $8.7 billion!Starting a DAO may sound daunting, but it's actually not that difficult. The tricky part is attracting people to join and keeping them engaged. DAOs are a community organizing model that can quickly raise and distribute funds for social causes or protocols on a blockchain. So, how do you launch a DAO? Well, it all starts with using shared treasury, smart contracts, and tokens for voting. While it's technically possible to establish a DAO on any blockchain that supports smart contracts, most DAOs run on Ethereum.An interview with Jordan Garbis, co-founder of BeetsDAO, and Kent Barton, who does tokenomics at ShapeShift DAO, at Camp Ethereal 2022 in Wyoming. They discussed how to start a DAO, the hurdles with growing them, how to handle tokenomics and reward structure, and how to approach bad behavior by DAO members. They even took questions from the audience!Remember, this is just a beginner's guide, and it's not financial or legal advice. So, if you're interested in starting a DAO, do your own research and seek professional advice if needed. But don't let the idea overwhelm you; with the right tools and strategies, you might just be able to launch a successful DAO!Hey there, let's talk about how to form a DAO. There are several steps to starting a DAO, and we'll walk you through each one.

Jun 14, 20238 min

Ep 34The Bitcoin Street Journal Bitcoin Market Update Episode 22 Week 23

The Bitcoin Street Journal Bitcoin Market Update Episode 22 Week 23Welcome to The Bitcoin Street Journal, your daily source for live market updates, technical analysis, and breaking news regarding Bitcoin. Stay up-to-date with the latest Bitcoin trends, market capitalization and supply, as well as financial and economic news by subscribing to our podcast. Join us on the journey through the world of Bitcoin and its impact on our daily lives. In today's episode, we'll cover Binance.US's resistance to the SEC's restraining order, Uniswap's upgrade to version 4, and the drop in BTC supply on exchanges during times of panic.Welcome to today's podcast, where we'll be discussing the latest news in the world of cryptocurrency and technology. There's a lot to cover, from Binance.US's attempt to dismiss the SEC's restraining order request to the increasing risk to Ethereum posed by the SEC's targeting of exchange staking services.In other news, eToro recently imposed restrictions on four crypto assets labeled as securities in an SEC lawsuit, BlockFi expects to enable customer withdrawals by the summer of 2023, and Uniswap has upgraded to v4 with some exciting new features.Tether has also converted 750 million USDT from Tron to Ethereum, Thodex Founder denies fraud charges, and the SEC responds to Coinbase's request for crypto clarity, wanting more time to decide.Meanwhile, a judge rejected the SEC's request to freeze Binance.US assets, and BTC remains calm at $26K after the CPI announcement. BTC's supply on exchanges has dropped to a five-year low amid SEC-induced panic.We'll also discuss the recent controversy surrounding former SEC director William Hinman's 2018 speech, saying Ethereum is not a security, and whether Ripple's legal chief's call for an investigation into Hinman is justified.Lastly, we'll touch on some exciting AI-based developments in the music industry with Paul McCartney saying a 'final' Beatles song will use AI technology developed in the making of Peter Jackson’s “Get Back" documentary and new Meta AI music tool, MusicGen, trained on 10,000 hours of ‘licensed music.'So, let's dive into today's topics and see what's happening in the world of cryptocurrency and technology.On today's episode, we talked about Binance.US resisting SEC's restraining order, Uniswap's upgrade to v4, and the recent drop in BTC supply on exchanges amidst market panic. Thanks for listening, and make sure to tune in next time and subscribe for even more updates.

Jun 14, 20233 min

Ep 33The Bitcoin Street Journal Bitcoin Market Update Episode 21 Week 23

Welcome to The Bitcoin Street Journal, your daily source for live market updates, technical analysis, and breaking news regarding Bitcoin. Stay up-to-date with the latest Bitcoin trends, market capitalization and supply, as well as financial and economic news by subscribing to our podcast. Join us on the journey through the world of Bitcoin and its impact on our daily lives. In today's episode, we'll cover Binance US legal issues, Reddit protesting API changes, eToro halting purchases, Bitcoin exchanges moving holdings outside of the US, and SEC litigation with Binance.us affecting market activity.Hey there! Let's dive into the latest news in the crypto world. Binance US is taking action and hiring top talent, including an ex-SEC attorney, as they brace for potential federal charges. Meanwhile, Reddit’s crypto communities went dark to show their support for a protest against API changes, while Crypto Twitter carried on as usual. EToro has decided to halt Polygon, Alogrand, Decentraland, and Dash purchases for US customers after a similar pull-back from stock and crypto trading app Robinhood. In exciting news, a group of crypto-friendly congressmen has drafted a bill to reform the SEC and potentially fire its current chairman. Plus, another solo bitcoin miner hit the jackpot for $160,000 with some six-year-old hardware. However, beware of wallet drainer attacks, as a convincing-looking BRC-20 token swiped some $63,000 worth of Bitcoin from unsuspecting traders. In other news, the UK is investing £100 million to make AI a hub for safety purposes. Meanwhile, Binance is fighting back against the SEC lawsuit over alleged securities violations with more than 20 motions and declarations filed on Monday. And finally, XRP tokens have soared after the release of the highly-anticipated Hinman documents.Over the weekend, several cryptocurrencies reacted to last week's volatility in unique ways. In particular, ADA, SOL, and SHIB were able to recover 8% of their losses. Meanwhile, XRP made a remarkable comeback and reclaimed $0.5.On a different note, more than 50% of Bitcoin on exchanges have been moved outside of the United States as a result of regulatory uncertainties, according to the latest data. Surprisingly, Arbitrum has become the most favored destination for moving capital away from Ethereum, also according to data.Furthermore, in response to the SEC's allegations, Polygon, Solana, and Cardano have joined forces in dismissing the SEC's claims. Additionally, Charles Hoskinson's private jet company has been servicing Metallica all this time, Did You Know? In other news, EOS is celebrating its fifth anniversary, thanks to its resilient community. At the same time, Robinhood has delisted CAD, SOL, and MATIC following the SEC's claims.Moreover, Binance Coin (BNB) is currently at a six-month low, while Bitcoin (BTC) failed at $26K. On a separate note, DeFi protocol Sturdy Finance was recently exploited for 442 ETH, amounting to almost $800K. Thanks for listening and we'll be back with more news soon, so please don't forget to subscribe!

Jun 13, 20236 min

Ep 32The Bitcoin Street Journal Bitcoin Market Update Episode 20 Week 23

Welcome to The Bitcoin Street Journal, your daily source for live market updates, technical analysis, and breaking news regarding Bitcoin. Stay up-to-date with the latest Bitcoin trends, market capitalization and supply, as well as financial and economic news by subscribing to our podcast. Join us on the journey through the world of Bitcoin and its impact on our daily lives. In today's episode, we'll cover the announcement of interest rates by central banks, the unveiling of US CPI for May, warnings from Marc Andreessen against a government-protected AI cartel, the impact of AI PassGPT trained on leaked passwords, the ongoing crypto crackdown, and the success of UK AI startup Gensyn securing $43M.This week is going to be busy with announcements from central banks across the globe. The CME predicts a 75% chance that the Fed will not raise interest rates. But there's still a 24% probability that it will raise rates by 25bps. And as the US CPI for May is also being announced, it adds extra tension to the upcoming #FOMC meeting.In other news, Samson Moe believes that governments need to understand that Bitcoin is different from all other cryptocurrencies, which should be considered securities instead. Marc Andreessen, a venture capitalist, warns against powerful government restrictions that may limit the market in favor of larger companies.SEC Chair Gensler criticizes the crypto industry, saying it is rife with "hucksters, fraudsters, and scam artists." This intensified crackdown on crypto resulted in fresh lawsuits against the industry. And at the same time, Coinbase experiences a downgrade in its outlook by Moody's credit rating agency.Robinhood is taking action against certain tokens that the SEC has listed as unregistered securities in lawsuits against Coinbase and Binance. But, that's not stopping Texas from positioning itself as the center of the crypto universe, as key legislative wins have made it the new "Silicon Valley" of the crypto industry.

Jun 12, 20235 min

Ep 31The Bitcoin Street Journal Bitcoin Market Update Episode 19 Week 23

Welcome to The Bitcoin Street Journal, your daily source for live market updates, technical analysis, and breaking news regarding Bitcoin. Stay up-to-date with the latest Bitcoin trends, market capitalization and supply, as well as financial and economic news by subscribing to our podcast. Join us on the journey through the world of Bitcoin and its impact on our daily lives. In today's episode, we'll cover a list of the top questions to determine if someone is a Bitcoin Maximalist, which includes topics such as owning Bitcoin, self-custodying, and contributing to Bitcoin software.In this special edition of The Bitcoin Street Journal Bitcoin Market Update, we're diving deep into the world of Bitcoin Maximalists. Are you a Bitcoin Maxi yourself? Well, to test your loyalty to Bitcoin, here are some questions we'd ask to identify other Maximalists.First up, do you own Bitcoin? If the answer is yes, great! But if you're still skeptical or hesitant, you might need more convincing. Next, do you automatically buy Bitcoin every day, week, or month? This is a common habit among Maximalists who believe in the long-term value of Bitcoin.Another question to ask is if you buy the dips. When the price of Bitcoin drops, do you panic or take advantage of the opportunity to buy more? Maximalists typically choose the latter.Moving on, do you run your own node? For those unfamiliar, a node is a computer that validates Bitcoin transactions, and running one helps you stay in control of your Bitcoin. Self-custody is another important element of being a Bitcoin Maxi - this means you're holding onto your Bitcoin yourself rather than relying on a third party.Do you have a Bitcoin credit card that gives rewards back? This may seem like a small detail, but Maximalists are always looking for ways to maximize their Bitcoin earnings. Speaking of earnings, do you get paid in Bitcoin? This is another way to increase your Bitcoin holdings and show your dedication to the cause.Now, let's talk investments. Do you put all of your 401K/IRA money into Bitcoin instead? For Bitcoin Maximalists, the answer might often be yes. They believe in the long-term potential of Bitcoin and aren't afraid to put their money where their mouth is.Are you also someone who teaches others about Bitcoin? Are you contributing to Bitcoin software? Did you join a Bitcoin Maxi chat group or discussion thread? Do you read The Bitcoin Street Journal? Do you listen to the The Bitcoin Street Journal Bitcoin Market Update Podcast every day? These are all signs that you are a true Bitcoin Maxi.Other factors to consider include: Do you mine Bitcoin? Did you dump your shitcoins? Are you reducing your reliance upon fiat as financial support? Have you read the Bitcoin Whitepaper? Are you prepared to never sell your Bitcoin? Do you have a low time preference? Have you read the Bitcoiner Books - The Bitcoin Standard, The Price of Tomorrow, The Sovereign Individual, etc..? Are you using Multi-sig to secure your Bitcoin?Finally, some more offbeat questions: Do you have a Bitcoin job in the Bitcoin industry? Did you start planning for passport number 2 in a Bitcoin jurisdiction? Do you POST to Bitcoin Maximalist Groups? Are you on Nostr and sending and receiving Zaps?These questions may seem tongue-in-cheek, but they are all ways to identify true Bitcoin Maximalists who believe in the power and potential of the bitcoin network.Today we learned about Bitcoin Maximalism and the top questions to determine if someone is a true Bitcoin Maximalist - including owning Bitcoin, self-custodying, and contributing to Bitcoin software. Thanks for listening to today's episode, I'll see you guys at the next one and don't forget to subscribe!

Jun 12, 20233 min

Ep 30The Bitcoin Street Journal Bitcoin Market Update Episode 18 Week 22

Welcome to The Bitcoin Street Journal, your daily source for live market updates, technical analysis, and breaking news regarding Bitcoin. Stay up-to-date with the latest Bitcoin trends, market capitalization and supply, as well as financial and economic news by subscribing to our podcast. Join us on the journey through the world of Bitcoin and its impact on our daily lives. In today's episode, we'll cover Kraken's high share in USD spot trading since January 2018 and the US government's objection to Bittrex's customer-repayment plan.Today, we have a lot of news in the world of cryptocurrency. The UK's FCA is rolling out stricter rules for crypto ads, which includes a referral bonus ban. Meanwhile, Kraken is becoming a more dominant player among exchanges that offer trading in USD pairs; accounting for 20% of the spot volume in the USD crowd in May. In other news, Binance lawyers allege that SEC Chair Gensler offered to serve as an advisor to a crypto company back in 2019, while Bittrex's customer-repayment plan is facing opposition from the U.S. government. On a positive note, BitGo has reached a preliminary agreement to buy Prime Trust. However, in May, the spot trading volume on centralised exchanges fell 21.8% to $495bn, the lowest monthly volume since March 2019. Binance.US has suspended USD deposits and paused fiat withdrawal channels, and Robinhood has ended support for Solana, Polygon, and Cardano. The Department of Justice has charged two Russian nationals with laundering over 600,000 BTC stolen from Mt Gox. Meanwhile, Crypto.com has suspended US institutional exchange service, and BTC market depth on Binance US has collapsed in recent days. In legal news, the CFTC has won the Ooki DAO case, setting a precedent that DAOs can be held liable, and the FTX customer names will not be revealed by the bankruptcy court. Amidst all the regulatory upheavals, Arbitrum continues to dominate the layer-2 landscape and is the top destination for capital flowing away from Ethereum. Also, over 50% of BTC on exchanges have moved outside the US due to regulatory uncertainty. In other news, vitalik Buterin has donated another $100 million to support Covid relief projects. Lastly, the Russian's largest bank has announced that they will allow crypto trading this summer and Deputy Chairman Popov said the offering could be introduced to clients by the end of June. There's a lot happening in the world of cryptocurrency, and we'll keep you updated with the latest news and trends.In today's episode, we covered Kraken's highest share in USD spot trading since January 2018 and the US government's opposition to Bittrex's customer-repayment plan. Thanks for listening and see you at the next one! Don't forget to subscribe.

Jun 11, 20233 min

Ep 29The Bitcoin Street Journal Bitcoin Market Update Episode 17 Week 22

Welcome to The Bitcoin Street Journal, your daily source for live market updates, technical analysis, and breaking news regarding Bitcoin. Stay up-to-date with the latest Bitcoin trends, market capitalization and supply, as well as financial and economic news by subscribing to our podcast. Join us on the journey through the world of Bitcoin and its impact on our daily lives. In today's episode, we'll cover the recent drop in BTC and altcoin prices due to regulatory pressure, the inability of Ethereum to surpass $2000, and the US government's objection to Bittrex's proposal.In today's TGIF Headline News Edition of the Bitcoin Street Journal, we'll be diving into the latest news from the cryptocurrency world. Despite recent blows to top cryptocurrency exchanges like Coinbase and Binance due to regulatory crackdowns, Bitcoin investors remain resilient. The prices of BTC and other altcoins have taken a hit, but the market is still holding strong.Moving on to Ethereum, a Bloomberg analyst has noted that the cryptocurrency is having trouble breaking the $2000 mark, much like gold. This is despite a bullish month for the Nasdaq 100.In other news, the US government has objected to Bittrex's plan to enable withdrawals, sparking a hearing on the matter in June. Meanwhile, Australia's largest bank has temporarily ceased "certain" payments to crypto exchanges, a significant turnaround for the bank, which had previously planned to enable crypto trading on its banking app.Additionally, Binance.US is undergoing changes, transitioning to a "crypto-only" platform and suspending USD operations. However, the SEC battle continues, with banks now distancing themselves from the exchange.The outcome of Ripple's class action lawsuit could have important implications for other exchanges like Coinbase and Binance, according to a lawyer following the case. And in the world of AI, venture capitalist Marc Andreessen has warned against a "government-protected cartel" of major AI companies and urged that the market should determine success.Finally, UK authors are being advised to protect their work from AI, and cryptocurrency investment firm Galaxy Digital is accelerating its plans to move offshore due to legislative stalemates in the US.Stay tuned for more news and updates in the world of cryptocurrency!Thanks for tuning in to today's episode where we discussed how BTC and altcoins prices dropped amid regulatory crusades, Ethereum struggled to break the $2000 mark and the US government's objection to Bittrex proposal - be sure to subscribe and catch us at the next episode!

Jun 9, 20233 min

Ep 28The Bitcoin Street Journal Bitcoin Market Update Episode 16 Week 22

Welcome to The Bitcoin Street Journal, your daily source for live market updates, technical analysis, and breaking news regarding Bitcoin. Stay up-to-date with the latest Bitcoin trends, market capitalization and supply, as well as financial and economic news by subscribing to our podcast. Join us on the journey through the world of Bitcoin and its impact on our daily lives. In today's episode, we'll cover the launch of Zebedee's ZBD app and their social platform that incorporates microtransactions and Bitcoin.Have you heard of Zebedee's new ZBD app? It has a gaming-centric Bitcoin wallet and a social platform with a unique twist. Instead of simply "liking" other users' content, you can earn a little Bitcoin by sending "zaps" - very small amounts of Bitcoin. It's a whole new way to monetize your content and have a more engaging social experience. You can even enjoy encrypted DMs with the option to use them to send payments. Zebedee, which is focused on payment solutions using Bitcoin's speedy Lightning Network, has now launched a new initiative to contribute open-source code and products to the layer-2 protocol built on top of Bitcoin. Dubbed No Big Deal (NBD), the new not-for-profit project has already resulted in several products and code repositories available to anyone willing to build on the Lightning Network. But wait, there's more: with decentralized social media, users have more control of their data than in traditional social media apps. You have the freedom to carry your identity and followers across any number of apps. No longer restricted to a closed-off ecosystem, you can connect with friends and creators regardless of the specific platform they use.Jack Dorsey, Twitter co-founder, has also been focused on creating decentralized social media through Nostr's decentralized protocol for building apps. And he's keen on seeing many different such platforms emerge and thrive - a "good thing", according to him. With the rise of Nostr, users can now sign up for a waitlist for early access to the new ZBD app, which can possibly bring new and positive changes to the world of social media.Today in our podcast, we discussed Zebedee's ZBD app and their new social platform that allows users to send microtransactions instead of likes and earn Bitcoin. Thanks for listening to today's episode, I'll see you guys at the next one and make sure to subscribe!

Jun 8, 20232 min

Ep 27The Bitcoin Street Journal Bitcoin Market Update Episode 15 Week 22

Welcome to The Bitcoin Street Journal, your daily source for live market updates, technical analysis, and breaking news regarding Bitcoin. Stay up-to-date with the latest Bitcoin trends, market capitalization and supply, as well as financial and economic news by subscribing to our podcast. Join us on the journey through the world of Bitcoin and its impact on our daily lives. In today's episode, we'll cover a man interrupting a Bitcoin event on an ostrich, Wells Fargo limiting cash withdrawals, a call for AI regulation in the UK, and the importance of trust in technology.Hey there, have you heard the latest news on the exciting Bitcoin event that happened in Prague? Well, it was definitely one for the books! A man, yes you heard that right, a man rode an ostrich through the convention center while shouting "WABI SABI!" It's definitely something you have to see to believe, and luckily a witness was able to snap a picture before the man left the event.But on a more serious note, it's becoming increasingly crucial to understand the importance of private keys in relation to Bitcoin, especially with recent events surrounding Binance and Coinbase. You know what they say, "not your keys, not your Bitcoin." And if you don't have Bitcoin, then according to popular opinion, you're NGMI (Not Gonna Make It).It seems like the bank world is also experiencing some turbulence. Wells Fargo recently announced that due to "emergency conditions" they'll be limiting customer cash withdrawals to $1,000. Kind of makes you wonder, are they running out of money? One thing's for sure, it's becoming more and more evident that bank trustworthiness can no longer be taken for granted. Looking for an alternative solution? Check out Nostr, where account creation is handled not by a 3rd party, but by math. And guess what, data integrity is ensured by cryptography, not a 3rd party. Plus, data storage is handled by either multiple parties or, if you prefer, yourself. And best of all, nobody, not even yourself, can delete your account on Nostr.If you're in the UK, you may want to keep an eye out for the regulation around artificial intelligence as AI could soon pose a threat to humanity in as little as two years. Matt Clifford is calling for AI regulation, so we'll have to wait and see what happens there.In a surprising twist, some blue check influencers are claiming that they won't be using CBDCs (Central Bank Digital Currencies), but here's the thing, they've already verified their identity to post longer Twitter videos. Funny how that works, right?Thanks for tuning in to today's episode, where we covered a variety of topics, including an unexpected interruption at a cryptocurrency event, a controversial banking decision and a call for regulation in the AI industry – we’ll catch you at the next one and don't forget to subscribe!

Jun 8, 20233 min

Ep 26The Bitcoin Street Journal Bitcoin Market Update Episode 14 Week 22

Welcome to The Bitcoin Street Journal, your daily source for live market updates, technical analysis, and breaking news regarding Bitcoin. Stay up-to-date with the latest Bitcoin trends, market capitalization and supply, as well as financial and economic news by subscribing to our podcast. Join us on the journey through the world of Bitcoin and its impact on our daily lives. In today's episode, we'll cover the encouragement of competition in CBDCs, the security of SAND token, uncertain effects of MiCA regulation on crypto, the increase of DeFi trading, NFT sneakers by Puma and NBA, the GameStop CEO firing, SEC targeting centralized exchanges, ChatGPT accused of defamation, the influence of Apple's Vision Pro on Web3 metaverse, and the different allegations in Binance and Coinbase SEC lawsuits. Additionally, we'll discuss ARK Invest's purchase of $22M in Coinbase after a price drop, Arianee CEO's thoughts on NFTs, food artist creations being turned into NFTs, and allegations that the SEC Chair offered to serve as Binance advisor in 2019.Central banks have been urged to "embrace competition" on CBDCs by Jón Helgi Egilsson, a former chairman of the Icelandic central bank. He believes that central banks should not dominate CBDCs. The Sandbox COO stated that they do not agree with the SEC labeling SAND token a security, as it is business as usual for now. When it comes to MiCA jumpstarting crypto in the EU, Kraken's EU policy head said that "it does give us that legal certainty that we needed, but it’s just really a part of the story." SAG-AFTRA members seek “informed consent and fair compensation” if AI is used to recreate an actor’s likeness. Decentralized finance trading has surged by 41% after back-to-back SEC enforcement actions against centralized exchanges. Puma has teamed up with NBA star LeMelo Ball to launch a limited-edition pair of sneakers featuring Gutter Cat Gang branding. Words with Friends and Wildcard creator Paul Bettner is "allergic" to pay-to-win NFTs. The SEC has focused on Proof-of-Stake coins, leaving Bitcoin and other Proof-of-Work blockchains unfazed by the current regulatory push. Despite Hong Kong trying to be a crypto hub again, it doesn’t mean China is following suit. Georgia-based broadcaster sues OpenAI for libel after ChatGPT allegedly said he embezzled funds. Apple's Vision Pro could inject much-needed life into the sagging metaverse industry, but can the tech giant complement Web3's open ethos? The SEC has gone after two major crypto brands this week, Binance and Coinbase, but with very different allegations.ARK Invest recently purchased $22 million worth of Coinbase shares after the company's stock price dropped. In another story, Pierre Nicolas Hurstel, the CEO and co-founder of Arianee, discusses the future of NFTs and how they will be utilized in the wine and spirits industry. Performance artist Foodmasku also shares how a simple question about protecting his digital files during the COVID lockdowns led him to create a collection of his edible works as NFTs. Meanwhile, documents filed in the SEC and Binance court case allege that SEC Chair Gary Gensler had previously offered to serve as a Binance advisor. Additionally, the ongoing legal battle between the SEC and Coinbase has caused trouble for many cryptocurrency executives, leading to Robinhood reviewing its crypto offering and Binance US delisting 101 trading pairs following an SEC freezing order. These stories and more are making headlines in the crypto world.On today's episode, we discussed the competition in CBDCs, DeFi trading increases, the latest NFT sneakers, SEC's lawsuits against ChatGPT, Coinbase, and Binance, and ARK Invest's purchase of $22M in Coinbase stock - thank you for tuning in, don't forget to subscribe!

Jun 8, 20234 min

Ep 25The Bitcoin Street Journal Bitcoin Market Update Episode 13 Week 22

Welcome to The Bitcoin Street Journal, your daily source for live market updates, technical analysis, and breaking news regarding Bitcoin. Stay up-to-date with the latest Bitcoin trends, market capitalization and supply, as well as financial and economic news by subscribing to our podcast. Join us on the journey through the world of Bitcoin and its impact on our daily lives. In today's episode, we'll cover Binance US delisting pairs, SEC aiming to freeze assets, Coinbase's petition, Haun leading Argus Labs raise, Coinbase facing cease and desist from 11 states, Kevin O'Leary's prediction of Binance suffering, lawmakers questioning Zuckerberg, and Louis Vuitton selling NFTs to VIP clients.Big news in the world of cryptocurrency! Binance US will delist about 100 trading pairs and OTC trading has been put on pause while the SEC files a motion to freeze cryptocurrency held by Binance, Binance US, and CZ. Although the US crypto market share is still dominant, it has dropped from 85% at the beginning of 2023 to 70% today. Meanwhile, Binance.US has earned an impressive $410 million in revenue since its inception. In other cryptocurrency news, MicroStrategy's bitcoin assets are close to breaking even at the current value of BTC. Interestingly, a new tool known as Amboss could change the way businesses utilize the Lighting Network by allowing a direct comparison to traditional payment processors like Visa. Argus Labs is a company building an Ethereum layer-2 network of gaming blockchains. The creator of the World Engine will let gamers code their unique on-chain mods. The Amplify ETFs CEO believes failing to pay attention to disruptive blockchain companies is a "fundamental mistake." Unfortunately, Coinbase has been hit with pending cease and desist orders from 11 states because its staking product does not comply with securities rules. Coinbase plans to fight the SEC lawsuit regardless and carry on with business as usual. It's worth mentioning that despite legal actions against the two largest cryptocurrency exchanges, only two tokens saw red candles today. Finally, the popular meeting app Zoom has launched AI meeting summaries and chat, adding to its impressive suite of features.In the latest turn of the SEC's crackdown on cryptocurrency trading, "Shark Tank" star Kevin O'Leary predicts that the agency's lawsuit against Binance will leave the cryptocurrency giant "starved of oxygen." He's not the only one with concerns, though. Top digital asset firms are being pressured by regulators and may become nothing more than a footnote in history books.Meanwhile, lawmakers are questioning Meta CEO Mark Zuckerberg about the release of the company's LLaMA AI model. The advanced, uncensored language model has caused alarm, and lawmakers are demanding answers about how Meta plans to minimize the damage.In other news, the creator of "Black Mirror", an Emmy-winning sci-fi series, has called out AI tool ChatGPT for producing what he considers a "shit" script for an episode. Even the best AI tools can't always match the human touch.

Jun 7, 20234 min

Ep 24The Bitcoin Street Journal Bitcoin Market Update Episode 12 Week 22

Welcome to The Bitcoin Street Journal, your daily source for live market updates, technical analysis, and breaking news regarding Bitcoin. Stay up-to-date with the latest Bitcoin trends, market capitalization and supply, as well as financial and economic news by subscribing to our podcast. Join us on the journey through the world of Bitcoin and its impact on our daily lives. In today's episode, we'll cover the implications of Elon Musk's Twitter giveaway, which has been criticized for failing to achieve decentralization goals on the platform.Elon Musk has been in the news again recently after announcing a Twitter email giveaway. It was intended to reward a select group of influencers and boost their platform influence, but critics say that it did very little to decentralize the system. While it did generate a lot of buzz, some felt that it only served to provide a way for the most influential people on Twitter to solidify their connection with their fan base. On the other side of the coin, there were a few benefits for influencers, such as the ability to communicate with their fans in a more private and direct manner. This made the giveaway a big hit amongst this group and could potentially help them generate more income by way of subscriptions and merchandise sales. But ultimately, the reality is that it appeared to benefit the influencers more than anything else, and it is unlikely to offer real decentralization benefits. Those who are hoping to see a more widespread adoption of alternative messaging technologies and governance systems may still need to wait a while for the real decentralization of the platform to take place.On today's episode, we discussed Elon Musk's Twitter giveaway and the controversy surrounding its decentralization goals. Thanks for tuning in, and be sure to subscribe for more upcoming discussions.R,I,P Bobby Dorr May ye be halfway to heaven before the devil knows you are dead.

Jun 7, 20232 min

Ep 23The Bitcoin Street Journal Bitcoin Market Update Episode 11 Week 22

Welcome to The Bitcoin Street Journal, your daily source for live market updates, technical analysis, and breaking news regarding Bitcoin. Stay up-to-date with the latest Bitcoin trends, market capitalization and supply, as well as financial and economic news by subscribing to our podcast. Join us on the journey through the world of Bitcoin and its impact on our daily lives. In today's episode, we'll cover the construction of a debt-free $1 billion solar and wind power generation park in El Salvador, which will be used to fuel Bitcoin mining in the Metapán region.Have you heard about El Salvador’s innovative plans to use “Volcano Energy” to fuel the growth of Bitcoin mining? That’s right, by harnessing the country’s abundant natural resources, El Salvador is positioning itself as a major player in the Bitcoin mining industry. In a press release analyzed by The Bitcoin Street Journal, it was revealed that El Salvador plans to construct a massive 241 megawatt renewable power generation park in the Metapán region using a debt-free approach.Combining both solar and wind projects, this power generation park is expected to have a capacity of 169MW of photovoltaic solar energy and 72MW of wind energy. And wait for it, the initial computational power will surpass 1.3 EH/s! This marks a significant milestone for both the country and the Bitcoin industry as a whole.El Salvador’s total commitment for this project is $1 billion. Key Bitcoin industry leaders will spearhead the first investment of $250 million, with collaboration from renewable energy technology developers and manufacturers, as well as global Bitcoin mining experts.The government of El Salvador will play a crucial role in planning and executing this initiative. They plan to secure a significant stake in the venture, with a 23% participation equivalent to the revenue. The rest will be divided among investors and reinvested in expanding energy production capacity and advancing Bitcoin mining.By using Volcano Energy, El Salvador aims to create a prosperous future driven by sustainable energy and Bitcoin. The establishment of this renewable power generation park marks a significant step towards achieving these goals while cementing El Salvador's position in the global Bitcoin mining industry.On today's episode, we discussed El Salvador's new $1 billion solar and wind power generation park that will fuel Bitcoin mining - thanks for tuning in and don't forget to subscribe!

Jun 7, 20233 min

Ep 22The Bitcoin Street Journal Bitcoin Market Update Episode 10 Week 22

Welcome to The Bitcoin Street Journal, your daily source for live market updates, technical analysis, and breaking news regarding Bitcoin. Stay up-to-date with the latest Bitcoin trends, market capitalization and supply, as well as financial and economic news by subscribing to our podcast. Join us on the journey through the world of Bitcoin and its impact on our daily lives. In today's episode, we'll cover the maturing of Bitcoin mining in the energy sector, thriving bitcoin-only companies, Binance and Coinbase being sued by the SEC for breaking securities rules, how the Bear Market prompts investors to turn to alternative investments, which includes Bitcoin Mining, challenges involved with Bitcoin mining, how to reduce energy costs and make it more accessible, benefits of Bitcoin mining as an energy system driver, and the need for regulations to ensure safety.Hey there, did you know that Bitcoin is doing more than just helping the energy systems? Yep, it's true! Besides making energy producers more efficient, Bitcoin miners are even settling payments over lightning, which is pretty cool. Although the term "building in the bear market" may sound overused, the truth is that this particular bear market will be remembered for something unique. The bitcoin mining industry reached a critical point of maturation and began ingratiating itself within the energy sector in earnest. Crypto exchanges like Binance are facing complaints from the SEC while bitcoin-only companies continue to thrive. These companies are making significant strides in key economic sectors to further integrate the network into our daily lives. In other news, Solana, polygon, cardano, and other tokens have been labeled as securities in a recent Binance lawsuit. Stablecoin trading volume also fell significantly in May, recording the lowest monthly trading volume since December 2022. Meanwhile, the DEX volume as a percentage of all trading volume is nearing the highs of late 2021/early 2022. Coinbase, one of the largest crypto exchanges, also got sued by the SEC for acting as an unregistered broker. The SEC claims that SOL, ADA, MATIC, FIL, SAND, AXS, CHZ, FLOW, ICP, NEAR, VGX, DASH, and NEXO are securities. Ripple's XRP, on the other hand, was not named a security in the SEC's case against Coinbase. Binance saw a massive outflow of financial assets following the SEC lawsuit, and the company's market share recovered slightly in May. Meanwhile, Hivemind, founded by Citi alum Matt Zhang, has launched a $300 million crypto fund. Lastly, Bitcoin's price is expected to be affected by the Binance-SEC lawsuit. Arthur Hayes provides insights into this matter. Even Elliptic reports that an Atomic wallet hacker funneled stolen crypto to a North Korea-tied coin mixer. Curious, isn't it?

Jun 6, 20236 min

Ep 21The Bitcoin Street Journal Bitcoin Market Update Episode 9 Week 22

Welcome to The Bitcoin Street Journal, your daily source for live market updates, technical analysis, and breaking news regarding Bitcoin. Stay up-to-date with the latest Bitcoin trends, market capitalization and supply, as well as financial and economic news by subscribing to our podcast. Join us on the journey through the world of Bitcoin and its impact on our daily lives. In today's episode, we'll cover 10 tips to prepare for the next Bitcoin bull market, educating yourself on its fundamentals, analyzing its market trends, defining your investment goals, setting a budget, using reputable exchanges and hardware wallets for security, and diversification, as well as better risk management strategies to avoid FOMO and panic-selling in the volatile cryptocurrency market.Welcome to today's podcast where we will be discussing how to prepare for the next Bitcoin bull market. If you're someone who has invested in Bitcoin or are thinking about investing, you're probably aware that Bitcoin bull markets can be quite volatile. On the upside, you get tremendous price gains, but the downside is that corrections can also happen and they can be quite severe. We've had two notable Bitcoin bull markets in the past, and they were very different from each other. The most recent one occurred in 2021, and it was characterized by the BTC price reaching an all-time high of nearly $70,000. However, it wasn't just an upward climb. The price retracted nearly 50% in the middle of the year, only to shoot back up again afterwards. This shows just how complex Bitcoin bull markets can be. If you're looking to capitalize on the next Bitcoin bull market, then you'll need to be prepared. Holding onto your assets isn't enough, as you need to know when to sell or reposition yourself in order to preserve gains. This is where our 10 tips come in handy. They will help you navigate the market, whether you're a seasoned investor or a newcomer. The first tip is to familiarize yourself with Bitcoin's basics, like its supply and demand characteristics. Next, you should learn how to use technical analysis to read charts and make predictions. Additionally, it's crucial to have a diversified portfolio and not put all your eggs in one basket. You should also develop a strategy for buying and selling, based on your risk tolerance. Other tips include being up-to-date with news and developments in the Bitcoin world, investing in hardware wallets to secure your assets, and not falling victim to FOMO or fear of missing out. Most importantly, always do your own research before making any investment decisions. By following these tips, you'll be well-equipped to handle the next Bitcoin bull market. Remember, it's a learning process and patience is key. Don't be discouraged by a dip in prices, as they're a natural part of the market. Stay informed and stay confident, and you'll be able to make the most out of the next Bitcoin bull market.Hey there, today let's talk about 10 tips for the next Bitcoin bull market. First things first, as with any investment, it's important to educate yourself before putting any money into Bitcoin. You need to understand its fundamentals such as its limited supply, utility, and adoption rates. Understanding these factors will help you make more informed decisions.

Jun 5, 20238 min

Ep 20The Bitcoin Street Journal Bitcoin Market Update Episode 8 Week 22

Welcome to the The Bitcoin Street Journal Market Update Podcast, the show where we explore a variety of topics that inform and entertain. From interviews with interesting guests to solo discussions of the latest news and trends, this podcast is sure to have something to pique your interest. Make sure to hit the subscribe button to stay up-to-date on all of our new episodes! In today's episode, we'll cover daily updates on the Bitcoin market including technical analysis, BTC price, market capitalization, supply, and breaking news, as well as recent industry developments including PayPal's investment in Magic, a fall in Bitcoin price, Coinbase's launch of futures contracts, and continued crypto outflows.Hey there, and welcome to The Bitcoin Street Journal Market Update, your go-to source for daily live bitcoin market updates. We're here to keep you up to speed with the latest in the world of cryptocurrency. Today, we're excited to bring you the current live bitcoin technical analysis, Bitcoin (BTC) price, market capitalization and market supply. Our team has been monitoring the bitcoin market closely, and we're here to share our insights with you. But first, let's turn our attention to The Daily Diary of the Bitcoin Dream. This source is your one-stop-shop for all things Bitcoin, including breaking Bitcoin news, Bitcoin business updates, Bitcoin financial and economic news, and Bitcoin world news and video. So make sure to check them out for even more great content. Now, back to our own market update. We know you're eager for the latest BTC price, and we're happy to report that it's holding steady. Our technical analysis suggests that the market is showing signs of stability, which is always a good sign for investors. And as for the market capitalization and supply, we've got all the latest figures for you. That's it for today's Bitcoin Street Journal Market Update. We'll be back with more live bitcoin market updates soon, so stay tuned. Thanks for joining us!Hey there! Let's jump right into the latest news in the crypto world. Paypal Ventures has led a $52 million funding round for Web3 firm Magic, which is a great sign for the industry. Despite DeFi declines, the Dapp industry grew by 10% in May. However, Bitcoin is experiencing a tough time as its price tumbles below $27,000 while The Sandbox (SAND) is soaring 6% daily. BTC and ETH are also descending to historically low levels at 0.016 and 0.019 respectively. The U.S. Commodities Agency might change risk rules to consider crypto, which is an interesting development. Coinbase is also planning to launch 'institutional-sized' Bitcoin and Ether futures contracts next week, which could be great news for investors. The current NUPL value of 0.29 indicates that we're at the lower bound of the equilibrium phase, which is a zone where 37.5% of all Bitcoin trading days have been. This zone was reached in early March 2023 and persisted for about 16 months in the last two cycles.

Jun 5, 20234 min

Ep 19The Bitcoin Street Journal Bitcoin Market Update Episode 7 Week 21

Welcome to The Bitcoin Street Journal, your go-to podcast for daily live updates on the world of bitcoin markets. With current live bitcoin technical analysis, up-to-date information on Bitcoin (BTC) price, market capitalization, and market supply, you'll always be in the know on the latest happenings in the ever-evolving world of cryptocurrency. Be sure to hit the subscribe button to stay informed and never miss an episode! In today's episode, we'll cover the latest news on crypto exchanges and regulatory updates, followed by insights into cryptocurrency conferences, DeFi tokens, Ripple gains, and investment plans of some of the major players in the industry.Exciting news in the crypto world! FTX CEO John Ray has confirmed plans to restart the exchange. According to court documents, Ray has been working on the relaunch throughout April. Unsurprisingly, the price of FTT has increased by 13%.But that's not all - China's Central Television network has just announced that Hong Kong is allowing retail investors to buy Bitcoin. This is big news for the crypto market!Although, trading volumes across crypto exchanges are at their lowest levels since 2020 despite the surge in Bitcoin's price.Interestingly, Africa is leading in the number of Google searches for "bitcoin mining." It seems like the world is catching on to the potential of crypto.In other news, the top 10 largest stocks in the world are now worth a combined $13.6 Trillion. That's a lot of money!In terms of politics, the U.S. default is off after Joe Biden and Republican Kevin McCarthy reached a tentative agreement to raise the national debt ceiling for two years. However, congressional approval is still needed to complete the deal.Did you know that the United Arab Emirates is the country with the highest percentage of its population owning crypto? Coming in at a close second is Turkey.However, with the rise of crypto comes the issue of security. A cumulative amount of nearly ~$3.45B has been stolen from crypto exchange custody from 48 recorded hacks since 2012.In other news, Congress has cut the proposed Biden Bitcoin and crypto mining tax from the debt ceiling deal. Finally, the supply of Tether USDT has reached an all-time high, surpassing its previous record of $83.6 billion. The stablecoin's supply has spiked significantly on Tron due to its speed and low fees.Have you heard about the latest eye-popping excess showcased at the annual Bitcoin conference in Miami? Well, someone bought a loaf of bread with a Bitcoin wallet baked inside! While the conference's latest iteration was notably smaller and less exuberant than in past years, it still managed to break new barriers for extravagance.

Jun 2, 20234 min

Ep 18The Bitcoin Street Journal Bitcoin Market Update Episode 6 Week 21

Welcome to The Bitcoin Street Journal Bitcoin Market Update! In this episode, we bring you the latest live market updates, technical analysis, and breaking news on Bitcoin. If you want to stay ahead of the game before the government and central banks intervene, make sure to subscribe to our podcast for daily updates on Bitcoin news and trends. In today's episode, we'll cover the misconceptions surrounding Bitcoin, how it solves the problem of government control over money supply, its decentralized and liquid nature, its legitimacy and parallels to early Internet investing, and the growing importance for financial advisors to understand the potential risks and benefits of Bitcoin.

Jun 2, 202313 min

Ep 17The Bitcoin Street Journal Bitcoin Market Update Episode 5 Week 21

Welcome to The Bitcoin Street Journal Bitcoin Market Update Episode 5 Week 21 Thursday June 1st, 2023 - your go-to source for daily live bitcoin market updates and analysis. Keep your bitcoin safe from government and central bank interference and subscribe to stay updated. In this edition, we cover breaking Bitcoin news, financial and economic updates, and so much more. Don't miss out - subscribe now! In today's episode, we'll cover the rise of institutional capital in Bitcoin funds, the lowest balance of Ethereum exchanges in five years, and Tether's mining operations in Uruguay.Bitcoin continues to attract institutional capital as the AUM of ProShares futures-based ETF climbed from $500mn to $900mn in just five months from December to May. Meanwhile, Digital Currency Group (DCG) is closing down its institutional trading platform, TradeBlock. On the other hand, the World Economic Forum (WEF) released crypto asset regulation recommendations for government and industry. Interestingly, the exchange balance of Ethereum has dropped to its five-year low. In other news, the Winklevoss twins' exchange seeks dismissal of the SEC lawsuit over Gemini Earn. China's capital Beijing released a white paper for web3 innovation and development while a staggering 72% of ETH market depth is concentrated in just five exchanges, including Binance, Coinbase, Bitfinex, Kraken, and OKX. However, outflows from digital asset investment products continue with a total of $39m and representing the 6th consecutive week of outflows totaling $272m. Tether is now mining bitcoin in Uruguay, exploring the possibility of letting some traders keep collateral at a bank. Someone may drop some charges against Sam Bankman-Fried if the Bahamas objects. Since 2012, a cumulative amount of nearly ~$3.45B has been stolen from crypto exchange custody from 48 recorded hacks, mostly through hot-wallet hacks. Unfortunately, stablecoin issuer Trust Reserve’s team was recently detained by the police in China. The UAE Central Bank has also issued AML/CTF guidance for dealing with virtual assets. Binance is set to delist privacy tokens in some parts of Europe while ProShares’ Bitcoin Strategy ETF's (BITO) year-to-date rise of 47% has underperformed compared to BTC's 60% gain over the same period. TP ICAP, a TradFi giant, brings crypto spot trading to institutional investors, and First Digital, based in Hong Kong, introduces USD stablecoin. In other news, Gemini is set to operate in the UAE, and Tether's supply has reached an all-time high of $83.6 billion. Finally, Binance co-leads a $6.6m seed round for Fusionist to further support early-stage web3 gaming innovation.In today's episode, we discussed the rise of institutional investment in Bitcoin funds, the decline of Ethereum exchange balance, and the increasing production of Bitcoin through Tether in Uruguay. Thanks for listening and don't forget to subscribe for more updates on the ever-evolving world of bitcoin and cryptocurrency!

Jun 1, 20233 min

Ep 16The Bitcoin Street Journal Bitcoin Market Update Episode 4 Week 21

Welcome to The Bitcoin Street Journal Bitcoin Market Update, Episode 4, Week 21, Tuesday May 31st, 2023 Headline News Edition. Stay ahead of the game and subscribe to our podcast for daily live bitcoin market updates, bitcoin technical analysis, BTC price movements, market capitalization and market supply news. Don't wait for the government and central banks to interfere with your bitcoin holdings - take control and tune in to The Bitcoin Street Journal. In today's episode, we'll cover the rise of Nostr, an open, censorship-resistant social media network that allows users to take their profiles to any competitor with the same protocol; the background and development of a major Nostr creator developer, @Fiatjaf, and the support he has received from industry leaders, including Jack Dorsey; Nostr's expansion to include bitcoin rewards in video games; Dorsey's investments in Nostr and his donations to support its development; and the challenges facing Nostr developers, including monetization without centralized advertisers and threats to centralization and lack of payment.On today's episode, we learned about the rise of Nostr, an open-source network for bitcoin rewards in video games, and its creator @Fiatjaf's continued efforts to build an interoperable, decentralized social media ecosystem supported by investors like Jack Dorsey and Bitcoin engineer William Casarin. Thanks for listening to today's episode, I'll see you guys at the next one and don't forget to subscribe!

May 31, 202312 min

Ep 15The Bitcoin Street Journal Bitcoin Market Update Episode 3 Week 21

Welcome to The Bitcoin Street Journal Bitcoin Market Update, Episode 3 Week 21 Wednesday May 31st, 2023 Headline News Edition. Stay up-to-date with the latest news and information on the bitcoin market with our daily live updates. Don't wait until it's too late - subscribe now to The Bitcoin Street Journal and take control of your bitcoin before the government and central banks do. In today's episode, we'll cover the recent rise in Bitcoin hash rate, Gate.io's decision to rename CryptoGPT to LayerAI, Bybit halting its services in Canada, Tether's new sustainable Bitcoin mining efforts in Uruguay, and the impressive increase in Skynet score for Shiba Inu's Skynet.The world of cryptocurrency is always buzzing with excitement and innovation, and this week is no different. The Bitcoin hashrate is on the rise again, proving that it's a more important metric than the price of Bitcoin itself. It's exciting to see the growth of the industry in this way.In other news, the popular cryptocurrency exchange Gate.io has announced a rebranding with the new name LayerAI (LAI), replacing its previous label, #CryptoGPT (GPT). It's always interesting to see companies evolve and adapt to the changing landscape.Meanwhile, the cryptocurrency platform Bybit has temporarily shut down its Canadian services to ensure that it's up to date with evolving regulations. This move shows a dedication to responsible operations, which is always important when it comes to financial matters.Binance, one of the world's largest cryptocurrency exchanges, is showing its support for the future of scalability with its backing of the Optimism (OP) Network Upgrade & Hard Fork. This move demonstrates the company's commitment to staying at the forefront of the latest innovations in the industry.Tether, the popular stablecoin, is taking steps to promote green energy production with a new initiative that promotes sustainable Bitcoin mining in Uruguay - a great step towards creating a more environmentally friendly cryptocurrency industry.In other news, Upbit's parent company Dunamu is setting their sights high, predicting impressive financial results for Q1 of 2023, with a projected operating income of $231 Million and operating profit of $160 Million.Finally, the ever-popular #MemeCoin Mania is showing no signs of slowing down, as transaction surges in Cardano's DEX, Minswap. And Shiba Inu has received impressive results on Certik's Skynet Security Score, propelling the project back to its well-deserved AAA rating.As the world tries to decide whether Bitcoin or gold is the better investment, it seems that Bitcoin is well on its way to becoming the clear winner. It's exciting to see how quickly the industry is changing and how new developments are being made all the time.Today we covered the latest developments in the world of cryptocurrency, including the rise in Bitcoin's hash rate, big names in the industry making changes like Gate.io's CryptoGPT to become LayerAI, Bybit halting services in Canada, Tether leading the way in sustainable Bitcoin mining in Uruguay, and Shiba Inu's Skynet score achieving incredible growth - thanks for listening to today's episode, I'll see you guys at the next one and don't forget to subscribe!

May 31, 20233 min

Ep 14The Bitcoin Street Journal Bitcoin Market Update Episode 2 Week 21

Welcome to The Bitcoin Street Journal Bitcoin Market Update, Episode 2, Week 21, Tuesday May 30th, 2023 Laser Eyes Edition! Stay ahead of the game and keep your bitcoin safe from government and central banks by subscribing to this podcast. With daily live news updates on bitcoin and related markets, technical analysis, price, capitalization, and supply, The Bitcoin Street Journal is your go-to source for all things bitcoin. Don't miss out on breaking bitcoin news, financial updates, and world news - subscribe now to stay in the loop! In today's episode, we'll cover Bitcoin's predicted surge to $100k due to bank turmoil, halving, and the end of Fed rate hikes, the growing popularity of money-market funds, and Standard Chartered's prediction that Bitcoin will reach $100k by 2024 due to SVB collapse and banking contagion fears.Hey there, have you heard the news? Bitcoin is set to soar to new heights, with Standard Chartered predicting that it could even reach $100,000 by the end of 2024. That's a massive 268% increase from current levels. But why, you ask? Well, the crypto winter is finally over and there are several factors contributing to this potential surge. One of these factors is bank turmoil, coupled with bitcoin halving and the end of Fed rate hikes. While there are still some sources of uncertainty, Standard Chartered believes that the pathway to the USD 100,000 level is becoming clearer.Now, speaking of uncertainty, people are flocking to money market funds to protect their money amidst concerns about bank safety and turmoil. In fact, since the start of March, $286 billion has flowed into money-market funds - the biggest month since the depths of COVID. With their higher yields, these funds are becoming an increasingly attractive option, especially since the Federal Reserve has been aggressively raising rates. While money-market funds aren't guaranteed, they do invest in the safest and most liquid instruments. Plus, similar accounts offered by banks are even safer, offering FDIC insurance up to $250,000 per depositor.So, if you're considering investing your money in money markets, what are your options? Well, Bankrate has compiled a list of the 8 highest-yielding money-market accounts as of Friday, March 24. With the shift towards safe investments that offer better returns, it's looking like an ideal time to capitalize on these attractive yields.Overall, with bitcoin predicted to soar and money markets offering enticing yields, it's a good time to keep an eye on these trends and take advantage of the possibilities they offer.Hey there! Today we're going to talk about the potential future of Bitcoin. According to Standard Chartered's Geoff Kendrick, Bitcoin has the potential to reach USD 100,000 by the end of 2024. Kendrick believes that the much-touted 'crypto winter' is finally over and one of the reasons for the bullish outlook is caused by Silicon Valley Bank's collapse last month. The turmoil caused by the collapse quickly spread worries of a banking contagion, which led investors to consider Bitcoin as a decentralized, trustless, and scarce digital asset. Bitcoin's status as a branded safe-haven asset, its perceived relative store of value, and a means of remittance have also been crucial factors in its rise. With key rivals to bitcoin losing ground, Kendrick states in the note that bitcoin's share of the total crypto market cap could rise to the 50%-60% range, up from 45% today and from 40% before the SVB collapse.

May 30, 20235 min