WEBVTT 00:00:05.989 --> 00:00:08.630 Welcome to the Bitcoin Street Journal, your go 00:00:08.630 --> 00:00:11.330 -to podcast for daily live updates on the world 00:00:11.330 --> 00:00:14.449 of Bitcoin markets. With current live Bitcoin 00:00:14.449 --> 00:00:16.850 technical analysis, up -to -date information 00:00:16.850 --> 00:00:21.109 on Bitcoin, BTC, price, market capitalization, 00:00:21.510 --> 00:00:23.929 and market supply, you'll always be in the know 00:00:23.929 --> 00:00:25.989 on the latest happenings in the ever -evolving 00:00:25.989 --> 00:00:28.870 world of cryptocurrency. Be sure to hit the subscribe 00:00:28.870 --> 00:00:31.250 button to stay informed and never miss an episode. 00:00:31.730 --> 00:00:34.590 In today's episode, we'll cover bullish investors 00:00:34.590 --> 00:00:37.719 in the crypto market SEC involvement with Ethereum 00:00:37.719 --> 00:00:41.380 founder, new NFT network from Zora, unique Bitcoin 00:00:41.380 --> 00:00:43.799 mining in a spa, Ripple's Singapore payments 00:00:43.799 --> 00:00:47.159 license, the surge of meme coins, ADA's rise 00:00:47.159 --> 00:00:49.960 above 30 cents, launch of a new VC fund tied 00:00:49.960 --> 00:00:53.359 to OPNX by three AC founders, and critical support 00:00:53.359 --> 00:01:04.200 for XRP at 50 cents. Hey there, welcome to the 00:01:04.200 --> 00:01:07.170 Bitcoin Street Journal. Bitcoin market update 00:01:07.170 --> 00:01:12.090 for the week of June 22nd, 2023. This week, Bitcoin 00:01:12.090 --> 00:01:16.250 saw a surge past $30 ,000 as big investors are 00:01:16.250 --> 00:01:18.569 feeling positive about the biggest cryptocurrency 00:01:18.569 --> 00:01:22.290 and the rest of the crypto market. In other news, 00:01:22.549 --> 00:01:25.890 Ethereum founder Vitalik Buterin has ties to 00:01:25.890 --> 00:01:29.049 SEC Darling Prometheum, which began when Feng 00:01:29.049 --> 00:01:32.870 Xiao, then CEO of Wangxiang Blockchain Labs, 00:01:33.409 --> 00:01:36.890 befriended Buterin and purchased $500 ,000 worth 00:01:36.890 --> 00:01:40.769 of Ethereum back in 2015. Polygon also made waves 00:01:40.769 --> 00:01:43.609 this week by launching its own co -pilot, a chat 00:01:43.609 --> 00:01:47.129 GPT AI assistant chatbot. This Ethereum scaling 00:01:47.129 --> 00:01:50.030 solution developer integrated OpenAI's chat GPT 00:01:50.030 --> 00:01:53.030 to launch Polygon co -pilot. Meanwhile, Zora 00:01:53.030 --> 00:01:56.049 launched a layer 2 NFT network to combat Ethereum 00:01:56.049 --> 00:01:58.569 gas fees, with co -founder Jacob Horn saying 00:01:58.569 --> 00:02:01.549 these fees are a systemic inhibitor to Web3 adoption. 00:02:02.340 --> 00:02:04.599 Binance is also making headlines once again, 00:02:05.000 --> 00:02:07.000 with a Binance exec potentially being called 00:02:07.000 --> 00:02:09.599 to testify in Brazil over alleged pyramid schemes. 00:02:10.500 --> 00:02:12.819 US Congress is pressing forward on AI regulation 00:02:12.819 --> 00:02:15.439 with a proposed commission, which aims to set 00:02:15.439 --> 00:02:18.360 a regulatory framework amid a global race to 00:02:18.360 --> 00:02:20.939 control how AI takes part in the society of the 00:02:20.939 --> 00:02:24.039 future. In other news, Jeff Staple and G -Money 00:02:24.039 --> 00:02:26.939 dropped a pigeon shit cap collab at Paris Fashion 00:02:26.939 --> 00:02:31.090 Week. The 9DCC X -Stapleverse baseball cap is 00:02:31.090 --> 00:02:33.949 sold via a redeemable NFT and can be digitally 00:02:33.949 --> 00:02:37.270 signed. Meanwhile, Fed Chair Powell said Bitcoin 00:02:37.270 --> 00:02:39.969 has staying power as an asset class, stating 00:02:39.969 --> 00:02:42.129 that the ultimate source of credibility and money 00:02:42.129 --> 00:02:45.210 is the central bank. A proposed Bitcoin fund 00:02:45.210 --> 00:02:47.629 called the Bitcoin ETF Printer has also gone 00:02:47.629 --> 00:02:51.169 BRR as Valkyrie refiles with SEC and ex -Barkley 00:02:51.169 --> 00:02:55.310 CEO praises BlackRock Bitcoin ETF filing. There 00:02:55.310 --> 00:02:57.530 have been some more unique stories as well, with 00:02:57.530 --> 00:02:59.409 the New York City spa getting heat for heating 00:02:59.409 --> 00:03:01.969 with Bitcoin mining. The bathhouse shared how 00:03:01.969 --> 00:03:04.750 the process works, inviting people to enjoy a 00:03:04.750 --> 00:03:06.949 hot pool while supporting the Bitcoin network. 00:03:07.710 --> 00:03:10.030 God's Unchained also hit Epic Games Store ahead 00:03:10.030 --> 00:03:13.129 of mobile expansion. The long -running NFT card 00:03:13.129 --> 00:03:15.729 game is now available in Epic's popular marketplace 00:03:15.729 --> 00:03:18.710 as part of a year of expansion for God's Unchained. 00:03:19.439 --> 00:03:21.840 Finally, Ripple gained an in -principle payments 00:03:21.840 --> 00:03:25.300 license in Singapore, with Ripple CEO Brad Garlinghouse 00:03:25.300 --> 00:03:27.680 saying the approval reaffirmed the company's 00:03:27.680 --> 00:03:30.379 commitment to the Asia -Pacific region. Lastly, 00:03:30.520 --> 00:03:33.000 meme coins continue to do extremely well, with 00:03:33.000 --> 00:03:36.360 Pepe's 79 % weekly gains leading the surge as 00:03:36.360 --> 00:03:39.240 Doge, Shib and Floki all saw double -digit increases. 00:03:39.900 --> 00:03:42.939 ADA also exploded with a 9 % daily increase and 00:03:42.939 --> 00:03:45.680 broke above 30 cents, sparking discussion about 00:03:45.680 --> 00:03:55.159 what could be next for this cryptocurrency. Hey 00:03:55.159 --> 00:03:57.240 there. Let me share some exciting news from the 00:03:57.240 --> 00:03:59.419 world of crypto and blockchain. The founders 00:03:59.419 --> 00:04:01.879 of 3AC have launched a brand new venture capital 00:04:01.879 --> 00:04:04.699 fund that is tied to OPNX, and we can expect 00:04:04.699 --> 00:04:06.780 some interesting developments from this partnership. 00:04:07.400 --> 00:04:09.800 The Bitcoin price has been making headlines again 00:04:09.800 --> 00:04:14.800 as it hit $138k on Binance US. Do you want to 00:04:14.800 --> 00:04:17.300 know the reason why? We'll dive into that story. 00:04:18.100 --> 00:04:20.199 Meanwhile, the co -founder of Gemini believes 00:04:20.199 --> 00:04:22.300 that Bitcoin will be the best trade of the decade. 00:04:22.720 --> 00:04:24.379 And there's certainly some compelling evidence 00:04:24.379 --> 00:04:27.540 to support this claim. Moving on to Ripple, we'll 00:04:27.540 --> 00:04:29.680 take a closer look at whether bulls will finally 00:04:29.680 --> 00:04:33.139 take control as XRP taps a critical support level 00:04:33.139 --> 00:04:36.240 of 50 cents. Plus, Ethereum is exploding with 00:04:36.240 --> 00:04:38.800 a weekly gain of 16 percent, and some experts 00:04:38.800 --> 00:04:42.480 predict that $2K is imminent. Speaking of predictions, 00:04:42.899 --> 00:04:45.279 ChatGPT has identified seven things that Bitcoin 00:04:45.279 --> 00:04:48.339 needs to hit $1 .40K following its recent rise 00:04:48.339 --> 00:04:51.600 to $1 .30K. In other news, Valkyrie has updated 00:04:51.600 --> 00:04:54.220 its filing for a spot Bitcoin ETF to list on 00:04:54.220 --> 00:04:59.060 Nasdaq with the catchy ticker dollar BRR. Meanwhile, 00:04:59.300 --> 00:05:01.819 credit agricoles Casais has gained crypto custody 00:05:01.819 --> 00:05:04.639 registration in France and Bitgo has surprisingly 00:05:04.639 --> 00:05:07.220 dropped its plans to buy rival crypto custodian 00:05:07.220 --> 00:05:10.399 Prime Trust. Ripple has played its Hinman hand 00:05:10.399 --> 00:05:12.980 and will explore how this could impact Coinbase 00:05:12.980 --> 00:05:16.579 in their ongoing SEC court battles. Legal experts 00:05:16.579 --> 00:05:19.019 weigh in on what this means for Ripple and Coinbase. 00:05:19.500 --> 00:05:21.720 Speaking of court battles, let's talk about Atomic 00:05:21.720 --> 00:05:25.540 Wallet, which claims less than 0 .1 % of its 00:05:25.540 --> 00:05:29.300 users were affected by a $100 million hack. They're 00:05:29.300 --> 00:05:31.920 working hard to recover the stolen funds. In 00:05:31.920 --> 00:05:34.079 lighter news, if you're a fan of chess, you'll 00:05:34.079 --> 00:05:36.939 love Anichess, which has raised $1 .5 million 00:05:36.939 --> 00:05:39.939 to put a magical twist on the game. Supported 00:05:39.939 --> 00:05:43.060 by chess .com, this inventive play and earn riff 00:05:43.060 --> 00:05:47.160 on chess is set to roll out in 2024. Lastly, 00:05:47.620 --> 00:05:49.860 Bitcoin miner CleanSpark has claimed two Georgia 00:05:49.860 --> 00:05:53.839 facilities for $9 .3 million, expected to add 00:05:53.839 --> 00:05:57.079 nearly 1 exahash per second to their mining capacity. 00:05:57.699 --> 00:05:59.620 Exciting developments in the world of crypto 00:05:59.620 --> 00:06:11.019 and blockchain. Today, we covered everything 00:06:11.019 --> 00:06:13.540 from Bitcoin's recent price surge to Zora's new 00:06:13.540 --> 00:06:16.079 NFT network and even touched on the launch of 00:06:16.079 --> 00:06:19.079 a new VC fund tied to OPNX. Thanks for tuning 00:06:19.079 --> 00:06:21.519 in to today's episode and don't forget to subscribe.