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
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world of cryptocurrency. Be sure to hit the subscribe
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In today's episode, we'll cover Bitcoin custody
registration in France, illiquid supply, new
AT8, BitGo drops Prime Trust, SEC relinquishes
BlockFi penalty, Coinbase buying, exceeded selling,
Atomic Wallet working to recover funds, NHS raises
$1 .5 million, 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.
Credit agricoles Casais 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
January 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 $1 .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 $1 .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 into 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. In other news, blockchain gaming company
Anichess has raised $1 .5 million to add a magical
twist to the game of chess. Supported by chess
.com, comma, this new play and earn riff on chess
is set to roll out in 2024 and promises to bring
an inventive twist to the traditional game. Bitcoin
mining company CleanSpark has acquired two new
facilities in Georgia for nine point three million
dollars. This acquisition is expected to add
an impressive one extra hash per second to CleanSpark's
capacity and help expand its reach in the world
of Bitcoin mining. Micropayment solution Volition
has promised to make crypto for coffee transactions
viable by reducing Ethereum gas fees by up to
90%. Developed by Starkware, this novel scaling
functionality could help make cryptocurrency
transactions more accessible and affordable for
everyday use. The co -founders of Three Arrows
Capital, a now bankrupt crypto hedge fund, have
launched a new investment venture. Meanwhile,
Bitgo has cancelled its plans to acquire rival
company Prime Trust. leaving users reporting
frozen withdrawals. In the world of crypto betting,
gamblers on Polymarket are betting $170 ,000
on whether the missing Titanic submarine will
be found by the end of the week. On the topic
of Bitcoin mining, a new mining giant is preparing
to enter the fray. Hut8 and US Bitcoin Corp are
set to merge, creating one of the largest public
miners in North America. And for those who love
gaming and want to earn Bitcoin while playing,
Zebedee's app now supports over 100 popular mobile
games that pay Bitcoin for every minute you play.
Soccer fans and NFT enthusiasts will be interested
in FC Barcelona's latest NFT play, artwork inspired
by women's club captain Alexia Poutelas, with
real -world perks for the buyer. And finally,
in the world of cybersecurity, hackers have leaked
over 100 ,000 chat GPT login credentials on the
dark web. and SAP clients are testing Circle's
stablecoin USDC to fix cross -border payment
hassle. That's just a few of the highlights from
the world of cryptocurrencies and blockchain
technology today. Exciting things are always
happening in this space, so stay tuned for more
updates. Thanks for tuning into today's episode
where we covered updates on topics such as Bitcoin
custody registration in France, a liquid supply
reaching a new ATA, and recent developments with
popular crypto exchanges and platforms, including
Atomic Wallet, Anichess, and CleanSpark. Don't
forget to subscribe and stay tuned for our next
episode.