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 BitiEx 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 dollar bid X 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. KuCoin has
a new update for its users. Starting in July,
mandatory KYC Know Your Customer verification
will be implemented for all users on the platform.
This move emphasizes their commitment to security
and regulatory compliance. Riot, a prominent
Bitcoin mining firm, isn't holding back when
it comes to expansion. They recently purchased
33 ,000 new mining rigs for a whopping $162 million,
and they have plans to acquire another 66 ,000
rigs to prepare for the upcoming Bitcoin halving.
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. The White House claims that President
Biden's policies have made Americans feel better
about their personal finances. Well, not everyone
seems to agree, as critics express their thoughts
with a dose of humor. Bitcoin's price has been
on a roller coaster ride, shooting up 15 % in
just one week. However, some bearish signals
are starting to flash, raising questions about
a potential correction. Fireblocks, a leading
digital asset custody platform, has expanded
its support for major cloud service providers,
including Amazon Web Services, Google Cloud Platform,
and Alibaba Cloud. This development will enhance
their services and scalability. What caused Bitcoin
Cash, BCH, to surge over 100 % in just seven
days? That's a question many are asking and we'll
explore the reasons behind this remarkable price
movement. Circle, the company behind the popular
stablecoin USDC, is paying close attention to
Hong Kong's crypto policies. The CEO, Jeremy
Allaire, shares insights into their focus and
strategies regarding this important market. The
Swiss National Bank is preparing for a test run
of central bank digital currencies, CBDCs. This
progressive move showcases Switzerland's dedication
to exploring the potential of digital currencies.
In the ongoing SEC lawsuit saga, Grayscale, the
digital asset management firm, has a 70 % chance
of prevailing, according to a Bloomberg analyst.
This legal battle is closely watched by many
in the crypto community. 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. FTX, once again in the news. has decided
to freeze the sale of a $500 million stake in
the AI startup Anthropic. This highly sought
-after asset is causing a lot of buzz in the
crypto community. 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. Wall Street has set
its sights on the crypto industry, whether early
adopters like it or not. The convergence of traditional
finance and cryptocurrencies is becoming more
apparent. Financial roads in the US seem to lead
to Wall Street, but some voices in the podcast
community argue that now all roads lead to the
Bitcoin Street Journal. Bitcoin's influence is
undeniable. FTX has taken another interesting
step by halting the sale of their $500 million
stake in the AI startup Anthropic. This move
highlights FTX's strategic decision -making process.
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. Coincub's CEO, Sergio
Hamza, highlights Europe's favorable regulatory
approach. which has contributed to the flourishing
crypto industry in the region. Europe has become
a significant hub for cryptocurrencies. The phrase,
not your keys, not your coins is making waves
following the latest exchange meltdown. In this
episode, we delve into the meaning behind this
popular adage and its significance for crypto
holders. Unleash the power of Bitcoin and liberate
yourself from the control of big governments
and tech corporations. Discover the true potential
of decentralized finance. Join us on various
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Spotify, Amazon Music, RSS .com, Pandora, Samsung
Podcasts, Stitcher and iHeartRadio. 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 BitiEx 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.