WEBVTT

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Welcome to the Bitcoin Street Journal, Bitcoin

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Market Update Podcast, your daily source for

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live updates on the Bitcoin market. Join us as

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we delve into current Bitcoin technical analysis,

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track Bitcoin, BTC prices, explore market capitalization

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trends, and analyze market supply. Stay ahead

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of the curve with our comprehensive coverage

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of the ever evolving world of Bitcoin. In today's

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episode, we'll cover the UK and US government

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support for Bitcoin, lightning network payments

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in El Salvador, Bitcoin hodling, the price drop

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and liquidations, BlackRock's investment suggestion,

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a spot Bitcoin ETF, mining conferences, a pro

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Bitcoin congressman stance, a near zero emission

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mining farm, unlocking a motorbike with lightning

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network, various topics including betting on

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animals and game reviews, Russian digital ruble

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law, finance expansion, funding news, privacy

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investigation. game migration, altcoin popularity,

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tokenization initiative, biohacking and its growing

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popularity, South Korean lending platform disruption,

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Russian CBDC approval, Binance's pursuit of a

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CFTC case dismissal, BTC struggles, and the revolution

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in podcast sponsorship with Nostra's apps and

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value for value podcasts. Hey guys, have you

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heard about the latest news on Bitcoin? Well,

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The UK Finance Ministry is standing firmly in

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defense of Bitcoin, and they even have the ambition

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to make the UK a leading jurisdiction for crypto

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asset technology and investment. That's pretty

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exciting, right? And if you missed it, the US

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House Republicans have introduced a new Bitcoin

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bill. This bill aims to provide exchanges with

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a path to registering with the SEC. It's all

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about regulation and ensuring a safe environment

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for the crypto community. Speaking of Bitcoin,

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It seems like its value is constantly on the

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rise. Deirdre, have you seen it? It's going up

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forever. Well, maybe not forever, but you get

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the idea. Now, here's an interesting story. The

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brother of Sam Bankman Fried, the CEO of FTX

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Exchange, wanted to buy the island nation of

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Nauru using FTX funds. Can you imagine that?

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Buying an entire country with cryptocurrency?

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It's mind blowing. By the way, it's always a

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good idea to take your coins off of exchanges.

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Keep them safe and secure. But guess what? The

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number of addresses with more than one Bitcoin

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has reached an all time high. That's something

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to celebrate, right? And guess what? Tesla, the

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electric car company, has added a Bitcoin payment

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code on the back end of its website. They're

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really embracing the world of cryptocurrency,

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aren't they? Have you seen the Bitcoin price

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history? It's quite interesting to see how it

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has evolved. And did you know that a recent study

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found that 23 % of American digital asset investors

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believe that Bitcoin will reach its all -time

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high price of $70 ,000 within the next year?

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It's quite optimistic, don't you think? Oh, and

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speaking of banks, the Federal Reserve Bank of

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San Francisco is actually hiring for roles related

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to a central bank digital currency, CBDC. It

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seems like everyone is getting into the crypto

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game. Now let's talk about freedom. Bitcoin gives

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us the opportunity to opt out of the tyranny

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and control imposed by governments and centralized

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institutions. It's all about embracing the sovereignty

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that Bitcoin offers. And get this, the Bitcoin

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network has produced over 800 ,000 blocks without

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any approval from a government central bank or

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CEO. We don't need anyone's permission to use

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this decentralized currency. Let the tyrants

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try to ban Bitcoin. We have opted out and we

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are sovereign. Hey, did you know that Bitcoin

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volatility is at a yearly low? It's becoming

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more stable, which is a positive sign for its

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maturity as a financial asset. And the good news

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keeps coming. Sending Bitcoin can be as easy

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as tapping your phone. It's all about convenience

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and accessibility. Here's an interesting fact.

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The Bulgarian authorities actually own 213 ,000

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Bitcoin, which is approximately worth $6 billion.

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They seized it from a criminal group back in

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2017. talk about a valuable confiscation. Oh,

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and did you hear about the dormant Bitcoin whale

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wallet? It had been untouched for 11 years, and

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just recently it moved $37 .8 million worth of

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Bitcoin. Can you believe it? It was worth only

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$5 ,107 when it was last moved in April 2012.

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That's an incredible increase in value. In the

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UK, there was a case where a bank customer had

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his accounts frozen while he was traveling abroad.

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You know why? It was because he completed a peer

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-to -peer exchange on Binance. It's frustrating

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when banks restrict your use of cryptocurrency,

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isn't it? You know, Bitcoin is so much more than

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just a digital currency. It's a revolution. It

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allows us to understand money in a completely

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new way. If you want to dive deeper into this

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topic, Samson Moe has a great podcast where he

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explains the ins and outs of Bitcoin. It's definitely

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worth a listen. So guys, let's be like Chris

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and embrace the world of Bitcoin. It's an exciting

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time and we have the opportunity to be part of

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this incredible journey. Thank you for joining

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me and until next time, keep shining your Bitcoin

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knowledge. Hey there, let's chat about some exciting

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news happening in the world of Bitcoin. Recently,

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the Bitcoin long -term holder supply reached

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a new all -time high of 14 .52 million BTC, which

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is equivalent to a whopping 75 % of the circulating

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supply. This signifies that many experienced

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investors prefer to HODL their Bitcoin, which

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is a term used to describe holding onto the asset

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for the long term. In other news, Bitcoin experienced

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a drop in price, falling below $29 ,000, resulting

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in over $41 million worth of liquidations. It's

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a reminder to be cautious and vigilant when it

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comes to trading or investing in cryptocurrencies.

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The market can be quite volatile, so it's important

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to do your research and understand the risks

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involved. Now let's talk about a fascinating

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study conducted by BlackRock, a well -known asset

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manager. In this study, BlackRock stated that

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Bitcoin is an investable asset and even suggested

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a potential allocation of 84 .9 % in portfolios.

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This is quite an endorsement, highlighting the

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growing recognition of Bitcoin as a valuable

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investment opportunity. Moving on, let's discuss

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the potential benefits of a spot Bitcoin ETF,

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Exchange Traded Fund. One major advantage is

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that it could boost liquidity and improve price

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discovery. Additionally, it has the potential

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to increase institutional adoption, which in

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turn could contribute to greater market stability

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and less price volatility. This is definitely

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something to keep an eye on as the cryptocurrency

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ecosystem continues to evolve. Speaking of developments

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in the Bitcoin space, one of the largest Bitcoin

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conferences of the year is the Mining Disrupt

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Conference. It's expected to have an impressive

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lineup of mining experts and a keynote speech

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by U .S. presidential candidate Robert F. Kennedy

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Jr. With an estimated 5 ,000 attendees, this

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conference is set to be a major event for the

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Bitcoin community. Now, let's take a trip back

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in time to 2013. There was a Bitcoin conference

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that took place and it's mind blowing to hear

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Andreas Antonopoulos, a prominent figure in the

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cryptocurrency world, speaking about Bitcoin

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a decade ago. It's amazing to see how much Bitcoin

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has evolved since then and how it continues to

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shape our financial landscape. On the topic of

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regulations and central authorities, a pro -Bitcoin

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U .S. congressman, Warren Davidson, made some

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interesting statements. He firmly believes that

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money should not be controlled by any central

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authority and that sound money enables permissionless,

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peer -to -peer transactions. These statements

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highlight the core principles that many Bitcoin

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enthusiasts and advocates stand for. Lastly,

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let's applaud the efforts of a hydro -cooled,

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near -zero -emission Bitcoin mining farm. This

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is an impressive achievement that showcases the

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industry's commitment to developing environmentally

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friendly mining practices. As Bitcoin mining

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continues to grow, it's crucial to adopt sustainable

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methods that minimize its impact on the environment.

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That's all for now. I hope you found these updates

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in the Bitcoin world intriguing. Remember to

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stay informed, be cautious with your investments,

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and keep exploring the evolving landscape of

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cryptocurrencies. Until next time. Hey there!

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Today we've got some interesting news to cover

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in the world of cryptocurrencies and gaming.

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So let's dive right in. First up, we have some

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thrilling developments in the gaming world. If

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you fancy yourself a gamer, then you'll definitely

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want to hear about Deadrop, the vertical extraction

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shooter that's been grabbing attention lately.

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While it may have a sharp skill curve, fear not!

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We've got some hard -won tips from Gigi that

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will help you dominate in this game and accelerate

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your journey to the top. So get ready to take

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on the challenge and become a dead -rop champion.

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Now, if you're tired of the usual hamsters in

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your life, how about some crypto betting on snails,

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rats, and rabbits? That's right, Coingecko has

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introduced tokens representing these animals

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in the ever -expanding world of crypto. And if

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that's not enough, they've even thrown in marbles

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for good measure. So if you're feeling adventurous,

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why not try your luck and place some bets on

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these creatures? It's a whole new level of excitement.

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In the world of investments, we have some interesting

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news regarding Bitcoin funds. While there has

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been a minor outflow of funds recently, it doesn't

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necessarily mean that investors are losing interest

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in Bitcoin. According to coin shares, the outflows

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are relatively small and shouldn't be seen as

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a sign of decreasing interest. So it seems like

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investors are still quite bullish on Bitcoin

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despite the recent changes in the market. Moving

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on to AI, OpenAI has had to shut down its AI

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detection tool due to poor accuracy. This news

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may come as a disappointment to educators who

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were hopeful about the tool's potential. However,

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OpenAI decided to decommission the AI classifier

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to focus on improving its accuracy. So while

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it's a setback for now, we can hope for better

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AI tools in the future. Now let's talk about

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an upcoming milestone for Bitcoin. we are approaching

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the 800 ,000th block mind, which means the Bitcoin

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having event is just around the corner. Bitcoin

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miners and enthusiasts are gearing up for the

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celebration, as this event plays a significant

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role in the network's functioning. If you're

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into Bitcoin, get ready for some exciting times

00:10:49.500 --> 00:10:53.289
ahead. In the world of finance, We have an analyst

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warning about the unsustainable nature of the

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AI market bull run. The chief investment officer

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of Main Street Research believes that both retailers

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and institutions are caught up in a market frenzy

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fueled by FOMO, fear of missing out. However,

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he cautions us that the intoxicating effects

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of the AI drug may eventually fade. So it's wise

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to keep an eye on the developments in the AI

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market and approach it with caution. Shifting

00:11:17.929 --> 00:11:21.440
gears to a unique cryptocurrency launch. WorldCoin's

00:11:21.440 --> 00:11:23.740
supply is primarily made up of market maker loans.

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It seems like a lucrative deal for market makers

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who see this as an opportunity for some easy

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money. The digital assets market is always full

00:11:31.639 --> 00:11:34.080
of surprises, and this launch is no exception.

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Keep an eye on WorldCoin and see how it unfolds

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in the coming days. Now let's turn our attention

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to gaming once again. Have you heard of ev .io?

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It's a web -based first -person shooter game

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that's not only free to play, but also lets NFT

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holders earn in -game currency that can be redeemed

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for Solana. If you're a fan of classic shooters

00:11:53.870 --> 00:11:56.470
like Quake, you'll love the nostalgic feel of

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EVE .io, but with a modern crypto twist. Decrypt

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contributor Ryan Gladwin has shared his review

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of this game, so check it out and get ready for

00:12:03.649 --> 00:12:06.289
some fragging action. In the realm of digital

00:12:06.289 --> 00:12:08.669
currencies, the digital ruble in Russia is set

00:12:08.669 --> 00:12:11.769
to launch soon. The country's central bank has

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received Putin's blessing and will begin tests

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for the digital ruble starting August 1st. This

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development paves the way for the potential launch

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of a Russian CBDC, Central Bank Digital Currency.

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It'll be fascinating to see how the digital ruble

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unfolds and its impact on the crypto world. Lastly,

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we have some news about Binance, the world's

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largest crypto exchange. They are expected to

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launch crypto services in Japan by August. This

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marks a return to Japan for Binance, which can

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have significant implications for the Japanese

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crypto market. Keep an eye out for further updates

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on this exciting development. And that's a wrap

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for today's updates in the world of cryptocurrencies

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and gaming. Stay tuned for more exciting news

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and developments in these ever -evolving industries.

00:13:03.640 --> 00:13:07.059
Dilabs Games has recently secured $4 .7 million

00:13:07.059 --> 00:13:09.799
in funding to further develop their gaming projects

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on the Polygon network. This game studio, founded

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by 433 Creative Lab from South Korea, is responsible

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for popular titles like Rumble Racing Star. With

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this investment, Dilabs aims to expand their

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offerings and bring more exciting games to their

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audience. In other news, Azamut, an Italian asset

00:13:28.679 --> 00:13:31.779
management firm, has fallen victim to a ransomware

00:13:31.779 --> 00:13:34.340
attack. Blackcats, the ransomware group behind

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the attack, threatened to expose sensitive customer

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information unless a ransom was paid. However,

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Azimut has refused to give in to their demands.

00:13:42.980 --> 00:13:45.700
The situation is being closely monitored and

00:13:45.700 --> 00:13:47.820
steps are being taken to ensure the security

00:13:47.820 --> 00:13:51.019
of customer data. Binance, one of the leading

00:13:51.019 --> 00:13:54.340
cryptocurrency exchanges, and its CEO, Chengpeng

00:13:54.340 --> 00:13:56.700
Zhao, have filed a motion to dismiss the latest

00:13:56.700 --> 00:13:58.759
complaint from the Commodity Futures Trading

00:13:58.759 --> 00:14:02.169
Commission, CFTC. They are seeking to contest

00:14:02.169 --> 00:14:04.990
the allegations made against the exchange. It

00:14:04.990 --> 00:14:06.769
remains to be seen how this legal battle will

00:14:06.769 --> 00:14:10.090
unfold. Meanwhile, the UK privacy regulator is

00:14:10.090 --> 00:14:12.769
looking into Sam Altman's WorldCoin project as

00:14:12.769 --> 00:14:16.129
it prepares to launch its token in Britain. Despite

00:14:16.129 --> 00:14:18.529
these inquiries, WorldCoin is pushing forward

00:14:18.529 --> 00:14:21.230
with its plans and has introduced iris scanning

00:14:21.230 --> 00:14:24.429
orbs in three locations across London. This ambitious

00:14:24.429 --> 00:14:26.929
project aims to revolutionize the way cryptocurrency

00:14:26.929 --> 00:14:31.000
is accessed and used in everyday life. CyberKong's,

00:14:31.059 --> 00:14:33.019
the creators of the popular play and collect

00:14:33.019 --> 00:14:36.039
NFT game, are migrating their game from the Polygon

00:14:36.039 --> 00:14:39.700
network to Ronin. Additionally, they are developing

00:14:39.700 --> 00:14:42.840
a second game on the Ronin chain. This move highlights

00:14:42.840 --> 00:14:46.000
the growing popularity of NFT games and the need

00:14:46.000 --> 00:14:48.259
for scalable and efficient blockchain networks

00:14:48.259 --> 00:14:51.019
to support them. Traders are showing increasing

00:14:51.019 --> 00:14:53.679
interest in alternative cryptocurrencies, known

00:14:53.679 --> 00:14:57.000
as altcoins, as Bitcoin's dominance in the market

00:14:57.000 --> 00:15:01.490
decreases. Among the top 25 exchanges, Bitcoin's

00:15:01.490 --> 00:15:03.750
market dominance has dropped to levels not seen

00:15:03.750 --> 00:15:07.009
since April of this year. This trend indicates

00:15:07.009 --> 00:15:09.730
a shift in investor sentiment and a growing appetite

00:15:09.730 --> 00:15:12.149
for diversification within the crypto market.

00:15:12.730 --> 00:15:15.509
The Avalanche Foundation has launched a $50 million

00:15:15.509 --> 00:15:18.330
initiative to promote asset tokenization on its

00:15:18.330 --> 00:15:21.309
network. This initiative aims to attract more

00:15:21.309 --> 00:15:24.509
activity to the Avalanche ecosystem by encouraging

00:15:24.509 --> 00:15:28.019
the tokenization of various assets. By leveraging

00:15:28.019 --> 00:15:30.779
blockchain technology, the foundation seeks to

00:15:30.779 --> 00:15:33.580
enable greater liquidity and accessibility within

00:15:33.580 --> 00:15:36.980
the digital asset space. Aurary, a gaming franchise

00:15:36.980 --> 00:15:39.480
based on the Solana blockchain, is expanding

00:15:39.480 --> 00:15:42.159
its reach by venturing into Ethereum Layer 2

00:15:42.159 --> 00:15:45.179
Arbitrum. The creators of Aurary are developing

00:15:45.179 --> 00:15:47.700
two upcoming NFT games and are now exploring

00:15:47.700 --> 00:15:49.940
cross -chain compatibility to enhance the gaming

00:15:49.940 --> 00:15:52.740
experience. This move demonstrates the potential

00:15:52.740 --> 00:15:55.299
for collaboration and integration among different

00:15:55.299 --> 00:15:58.960
blockchain networks. Kucoin, a prominent cryptocurrency

00:15:58.960 --> 00:16:02.399
exchange, has denied rumors of layoffs and clarified

00:16:02.399 --> 00:16:05.360
that recent cuts are a result of a biannual appraisal

00:16:05.360 --> 00:16:08.919
process. These clarifications came after speculation

00:16:08.919 --> 00:16:13.179
that Kucoin's new Know Your Customer KYC policy

00:16:13.179 --> 00:16:16.279
was negatively impacting the exchange's financial

00:16:16.279 --> 00:16:20.120
performance. The company aims to maintain transparency

00:16:20.120 --> 00:16:22.700
and address concerns regarding its operations.

00:16:23.210 --> 00:16:26.789
Dogecoin experienced a 9 % surge following enigmatic

00:16:26.789 --> 00:16:29.690
tweets from Elon Musk linking the cryptocurrency

00:16:29.690 --> 00:16:33.049
with the letter X. While other major digital

00:16:33.049 --> 00:16:35.850
assets like Bitcoin and Ethereum remained relatively

00:16:35.850 --> 00:16:38.750
stable, Musk's tweets sparked renewed interest

00:16:38.750 --> 00:16:42.009
in Dogecoin. The influence of prominent figures

00:16:42.009 --> 00:16:44.889
like Musk on market dynamics is an intriguing

00:16:44.889 --> 00:16:48.500
aspect of the ever -evolving crypto space. EDX

00:16:48.500 --> 00:16:51.379
Markets, a recently launched cryptocurrency exchange,

00:16:51.899 --> 00:16:54.059
has partnered with Talos to enhance access to

00:16:54.059 --> 00:16:56.679
crypto markets. This collaboration aims to bring

00:16:56.679 --> 00:16:59.100
increased liquidity to the market, benefiting

00:16:59.100 --> 00:17:02.059
EDX Markets clients and contributing to the growth

00:17:02.059 --> 00:17:05.160
of the crypto industry as a whole. Both entities

00:17:05.160 --> 00:17:07.559
share a vision of fostering a vibrant and efficient

00:17:07.559 --> 00:17:10.480
marketplace for digital assets. Bitcoin whales

00:17:10.480 --> 00:17:12.940
have been on the move, transferring nearly $60

00:17:12.940 --> 00:17:16.319
million worth of Bitcoin in just five days. These

00:17:16.319 --> 00:17:19.079
large -scale transactions involve over 2 ,000

00:17:19.079 --> 00:17:21.660
BTC that have been dormant for an extended period.

00:17:22.400 --> 00:17:24.539
Such movements in the cryptocurrency world attract

00:17:24.539 --> 00:17:27.299
attention and speculation about the intentions

00:17:27.299 --> 00:17:30.619
and possible impact of these transfers. Lastly,

00:17:31.059 --> 00:17:33.640
the Smiles app introduces a unique way of earning

00:17:33.640 --> 00:17:36.480
Bitcoin rewards while exploring major cities

00:17:36.480 --> 00:17:39.079
through their location -based Bitcoinverse game.

00:17:39.519 --> 00:17:42.460
Users can accumulate Bitcoin by not only walking

00:17:42.460 --> 00:17:45.420
and completing steps, but also interacting with

00:17:45.420 --> 00:17:49.000
various locations and establishments. This innovative

00:17:49.000 --> 00:17:52.240
approach to gamifying Bitcoin rewards showcases

00:17:52.240 --> 00:17:54.500
the creative integration of blockchain technology

00:17:54.500 --> 00:17:57.579
into everyday activities. And that's a wrap for

00:17:57.579 --> 00:18:01.119
today's crypto and gaming news. Stay tuned for

00:18:01.119 --> 00:18:03.000
more updates on these exciting developments.

00:18:04.230 --> 00:18:06.490
So have you heard about the latest trend among

00:18:06.490 --> 00:18:09.210
the ultra -rich? It turns out that some of them

00:18:09.210 --> 00:18:11.890
are willing to go to great lengths to cheat death

00:18:11.890 --> 00:18:15.049
and live forever. They're splurging big bucks

00:18:15.049 --> 00:18:17.970
on a practice called biohacking, and it's starting

00:18:17.970 --> 00:18:20.910
to become more mainstream. But let's take a step

00:18:20.910 --> 00:18:23.269
back and talk about Twitter for a moment. You

00:18:23.269 --> 00:18:25.829
may be familiar with the social media platform's

00:18:25.829 --> 00:18:28.410
iconic bluebird logo. Well, believe it or not,

00:18:28.410 --> 00:18:30.589
there's actually a designer behind that famous

00:18:30.589 --> 00:18:33.549
bird. His name is Martin Grasser. and recently

00:18:33.549 --> 00:18:35.549
he shared his thoughts about Elon Musk's plans

00:18:35.549 --> 00:18:38.529
for Twitter. Despite a tinge of sadness, Grasser

00:18:38.529 --> 00:18:40.529
remains optimistic about the future of Twitter

00:18:40.529 --> 00:18:43.509
under Musk's direction. Now, let's shift gears

00:18:43.509 --> 00:18:46.150
a bit and talk about fashion. We all know Lacoste

00:18:46.150 --> 00:18:48.710
as a well -established apparel brand, but they

00:18:48.710 --> 00:18:51.109
recently took a step into the digital world with

00:18:51.109 --> 00:18:53.910
a new virtual store. This store offers an immersive

00:18:53.910 --> 00:18:56.779
shopping experience, but here's the catch. Only

00:18:56.779 --> 00:18:59.640
Ethereum NFT holders get exclusive perks and

00:18:59.640 --> 00:19:02.519
full access. It seems like NFTs are continuing

00:19:02.519 --> 00:19:05.619
to make their mark in various industries. Speaking

00:19:05.619 --> 00:19:08.460
of digital trends, cybersecurity is always a

00:19:08.460 --> 00:19:11.200
hot topic. Ransomware attacks may be dying out,

00:19:11.359 --> 00:19:13.319
but there's another form of cyber threat on the

00:19:13.319 --> 00:19:16.940
rise, crypto -jacking. According to a cybersecurity

00:19:16.940 --> 00:19:19.619
firm, the education sector has seen a whopping

00:19:19.619 --> 00:19:23.339
399 % increase in crypto -jacking incidents compared

00:19:23.339 --> 00:19:26.150
to last year. Interestingly, it seems that market

00:19:26.150 --> 00:19:28.490
downturns actually spark more of these attacks.

00:19:29.250 --> 00:19:31.130
It's a reminder that we should always stay vigilant

00:19:31.130 --> 00:19:33.930
when it comes to our online security. Moving

00:19:33.930 --> 00:19:37.150
on, let's talk about the world of gaming. Ultra,

00:19:37.609 --> 00:19:40.029
a crypto gaming startup, has recently launched

00:19:40.029 --> 00:19:43.269
an eSports platform called Ultra Arena. This

00:19:43.269 --> 00:19:45.829
platform incorporates on -chain digital identities

00:19:45.829 --> 00:19:48.690
and reputation, aiming to help amateur players

00:19:48.690 --> 00:19:51.170
climb the ranks and even pursue professional

00:19:51.170 --> 00:19:53.579
gaming careers. It's an exciting development

00:19:53.579 --> 00:19:55.880
in the world of esports, and it could provide

00:19:55.880 --> 00:19:58.839
new opportunities for aspiring gamers. But not

00:19:58.839 --> 00:20:01.319
everything is smooth sailing in the crypto world.

00:20:01.859 --> 00:20:04.359
Lido Finance DAO is considering introducing a

00:20:04.359 --> 00:20:07.420
new dual governance model. Currently, the LDO

00:20:07.420 --> 00:20:09.839
token holders have control over the bank, but

00:20:09.839 --> 00:20:11.940
this new model could potentially disadvantage

00:20:11.940 --> 00:20:15.200
the staking community. It's a decision that requires

00:20:15.200 --> 00:20:18.259
careful consideration and balancing the interests

00:20:18.259 --> 00:20:20.740
of all parties involved. Now, let's shift gears

00:20:20.740 --> 00:20:22.579
a bit and discuss an interesting perspective

00:20:22.579 --> 00:20:26.579
on Sam Altman's WorldCoin. Vitalik, the co -founder

00:20:26.579 --> 00:20:29.240
of Ethereum, has pointed out four problems with

00:20:29.240 --> 00:20:32.000
this cryptocurrency project. It's always intriguing

00:20:32.000 --> 00:20:34.039
to hear different viewpoints in the world of

00:20:34.039 --> 00:20:36.900
crypto, and it sparks important discussions about

00:20:36.900 --> 00:20:39.700
the future of digital currencies. And on a final

00:20:39.700 --> 00:20:42.460
note, it's worth mentioning that the supply of

00:20:42.460 --> 00:20:45.900
Bitcoin held by long -term holders has hit an

00:20:45.900 --> 00:20:49.119
all -time high. This suggests that there are

00:20:49.119 --> 00:20:51.599
many individuals who believe in the long -term

00:20:51.599 --> 00:20:55.180
value and potential of Bitcoin. So there you

00:20:55.180 --> 00:20:57.319
have it, a snapshot of some interesting developments

00:20:57.319 --> 00:21:00.000
in the world of technology, finance, and cybersecurity.

00:21:00.660 --> 00:21:03.059
It's always fascinating to see how these trends

00:21:03.059 --> 00:21:05.500
and innovations shape our present and future.

00:21:06.140 --> 00:21:08.420
Stay tuned for more exciting updates in the ever

00:21:08.420 --> 00:21:18.299
-evolving world we live in. Hey there! Let's

00:21:18.299 --> 00:21:20.160
dive into some interesting news from the world

00:21:20.160 --> 00:21:23.059
of cryptocurrencies. South Korean lending platform

00:21:23.059 --> 00:21:25.779
Delio is facing some disruptions in its operations

00:21:25.779 --> 00:21:28.480
after its assets were seized. This could have

00:21:28.480 --> 00:21:30.779
a significant impact on Delio and its ability

00:21:30.779 --> 00:21:32.859
to carry out its lending activities effectively.

00:21:33.779 --> 00:21:36.039
In Russia, Vladimir Putin has given the green

00:21:36.039 --> 00:21:38.359
light for the development of a central bank digital

00:21:38.359 --> 00:21:41.799
currency, CBDC, and plans to launch it in August.

00:21:42.410 --> 00:21:44.710
This move by the Russian government shows their

00:21:44.710 --> 00:21:47.430
efforts to keep up with the global trend of digital

00:21:47.430 --> 00:21:51.950
currencies. Moving on, SBF, the CEO of FTX Exchange,

00:21:52.289 --> 00:21:54.410
has agreed to a gag order and, interestingly,

00:21:54.869 --> 00:21:57.130
he has also requested the same for his rivals.

00:21:57.890 --> 00:22:00.029
This decision may have larger implications for

00:22:00.029 --> 00:22:02.329
the crypto industry, as it could potentially

00:22:02.329 --> 00:22:04.970
limit the free flow of information and transparency

00:22:04.970 --> 00:22:08.130
among competitors. Institutional crypto fund

00:22:08.130 --> 00:22:10.450
flows have taken a negative turn as the markets

00:22:10.450 --> 00:22:13.410
retreat. This shift in sentiment could be attributed

00:22:13.410 --> 00:22:16.190
to various factors such as regulatory concerns

00:22:16.190 --> 00:22:19.150
and market volatility. It will be interesting

00:22:19.150 --> 00:22:21.250
to see how this trend develops in the coming

00:22:21.250 --> 00:22:25.009
months. Binance and its CEO CZ are not backing

00:22:25.009 --> 00:22:27.589
down from their legal battles. They have expressed

00:22:27.589 --> 00:22:30.109
their intention to pursue a case dismissal against

00:22:30.109 --> 00:22:33.150
the Commodity Futures Trading Commission, CFTC.

00:22:34.069 --> 00:22:36.529
This legal battle will have significant implications

00:22:36.529 --> 00:22:39.329
for the crypto industry and how regulatory authorities

00:22:39.329 --> 00:22:42.200
approach the space. In terms of market trends,

00:22:42.700 --> 00:22:46.799
XRP, SOL, and BCH have experienced a 6 % daily

00:22:46.799 --> 00:22:49.420
drop, while BTC is struggling to maintain its

00:22:49.420 --> 00:22:52.920
position at $1 .29k. These price fluctuations

00:22:52.920 --> 00:22:55.359
demonstrate the volatility and unpredictability

00:22:55.359 --> 00:22:58.200
of the crypto market. Experts are weighing in

00:22:58.200 --> 00:23:01.180
on Ripple, XRP, as it becomes the most traded

00:23:01.180 --> 00:23:04.960
altcoin of 2023. Various factors have contributed

00:23:04.960 --> 00:23:08.079
to XRP's popularity, including its use case and

00:23:08.079 --> 00:23:10.230
potential for growth. It will be interesting

00:23:10.230 --> 00:23:13.690
to see how XRP performs in the future. Crypto

00:23:13.690 --> 00:23:16.190
whales, the big players in the market, have been

00:23:16.190 --> 00:23:18.230
observed dumping their holdings following the

00:23:18.230 --> 00:23:21.430
recent market decline. This suggests that they

00:23:21.430 --> 00:23:23.890
may be anticipating further price drops or have

00:23:23.890 --> 00:23:26.269
lost confidence in the market. Their actions

00:23:26.269 --> 00:23:28.829
often have a significant impact on market sentiment

00:23:28.829 --> 00:23:31.930
and price movements. Now, let's talk about the

00:23:31.930 --> 00:23:35.509
recent surge in the price of Doge. There are

00:23:35.509 --> 00:23:38.069
a few things to keep an eye on. First, the influence

00:23:38.069 --> 00:23:41.130
of social media and notable figures such as Elon

00:23:41.130 --> 00:23:44.230
Musk, who have shown support for Doge. Second,

00:23:44.430 --> 00:23:47.009
the speculative nature of the market and the

00:23:47.009 --> 00:23:49.630
potential for pump and dump schemes. And finally,

00:23:49.630 --> 00:23:51.809
the overall market sentiment and how it may affect

00:23:51.809 --> 00:23:54.670
Doge's future performance. In a surprising turn

00:23:54.670 --> 00:23:57.910
of events, KuCoin has reportedly slashed 30 percent

00:23:57.910 --> 00:24:00.710
of its workforce. This move indicates potential

00:24:00.710 --> 00:24:03.150
challenges for the exchange and raises questions

00:24:03.150 --> 00:24:07.539
about its future plans and strategy. a prominent

00:24:07.539 --> 00:24:10.680
crypto exchange, has been hacked and it is believed

00:24:10.680 --> 00:24:13.660
that the stolen funds amount to $60 million.

00:24:14.539 --> 00:24:17.480
The incident highlights the persistent security

00:24:17.480 --> 00:24:20.460
risks associated with crypto exchanges and the

00:24:20.460 --> 00:24:23.019
need for robust security measures. According

00:24:23.019 --> 00:24:26.140
to a report by Bitfinex, Bitcoin balances on

00:24:26.140 --> 00:24:29.740
exchanges have reduced to 2018 levels. This could

00:24:29.740 --> 00:24:31.740
suggest that traders are moving their Bitcoin

00:24:31.740 --> 00:24:35.019
off exchanges to secure wallets, indicating a

00:24:35.019 --> 00:24:37.730
shift in market dynamics. In the midst of a market

00:24:37.730 --> 00:24:42.269
downturn, XRP has experienced a 7 % crash. This

00:24:42.269 --> 00:24:44.210
decline has raised concerns among investors,

00:24:44.390 --> 00:24:46.569
and many are eagerly waiting to see what's next

00:24:46.569 --> 00:24:49.930
for XRP and how it will recover from the setback.

00:24:50.130 --> 00:24:53.170
Bitcoin tumbles to $1 .29k, but the big question

00:24:53.170 --> 00:24:55.990
is whether the selling is over. Analysts and

00:24:55.990 --> 00:24:58.190
investors are closely monitoring the market to

00:24:58.190 --> 00:25:00.990
see if Bitcoin can regain its footing or if further

00:25:00.990 --> 00:25:04.210
decline is on the horizon. Meanwhile, Ethereum

00:25:04.210 --> 00:25:07.029
is facing more troubles following its failure

00:25:07.029 --> 00:25:10.089
to break through the $2K mark. The performance

00:25:10.089 --> 00:25:12.950
of Ethereum is often closely tied to Bitcoin,

00:25:13.430 --> 00:25:16.250
and any significant movements in Bitcoin's price

00:25:16.250 --> 00:25:18.670
can have a ripple effect on Ethereum and other

00:25:18.670 --> 00:25:21.829
altcoins. Worldcoin's unique approach of iris

00:25:21.829 --> 00:25:24.430
scanning for identity verification has received

00:25:24.430 --> 00:25:26.670
criticism for privacy and security concerns.

00:25:27.230 --> 00:25:29.769
Many experts predict a high probability of failure

00:25:29.769 --> 00:25:32.369
for this ambitious project due to these concerns.

00:25:32.750 --> 00:25:35.619
In the midst of market volatility, Some analysts

00:25:35.619 --> 00:25:38.039
are predicting that Bitcoin could reach a staggering

00:25:38.039 --> 00:25:43.279
$180 ,000 by 2024. These projections are based

00:25:43.279 --> 00:25:45.799
on various factors, including past performance

00:25:45.799 --> 00:25:48.480
and market trends. However, it's important to

00:25:48.480 --> 00:25:50.819
take such projections with a grain of salt as

00:25:50.819 --> 00:25:53.339
the crypto market is highly volatile and unpredictable.

00:25:54.480 --> 00:25:56.839
Recent engagement by Elon Musk has caused a 10

00:25:56.839 --> 00:26:00.539
% pump in Dogecoin. Doge. Musk's influence over

00:26:00.539 --> 00:26:02.440
the market, particularly with his social media

00:26:02.440 --> 00:26:04.799
presence, has been a topic of discussion and

00:26:04.799 --> 00:26:07.319
debate within the crypto community. Exciting

00:26:07.319 --> 00:26:10.380
news for Binance fans. Reports suggest that the

00:26:10.380 --> 00:26:12.559
popular exchange will soon start operating in

00:26:12.559 --> 00:26:15.440
Japan. This development will provide Japanese

00:26:15.440 --> 00:26:17.839
users with more options and accessibility to

00:26:17.839 --> 00:26:21.380
the crypto market. Rain, a crypto exchange, has

00:26:21.380 --> 00:26:23.859
acquired financial services permission from Abu

00:26:23.859 --> 00:26:26.990
Dhabi. This acquisition positions Rain as a prominent

00:26:26.990 --> 00:26:29.589
player in the Middle Eastern crypto market and

00:26:29.589 --> 00:26:32.329
opens up opportunities for expansion in the region.

00:26:33.190 --> 00:26:35.690
Elon Musk is making headlines again, this time

00:26:35.690 --> 00:26:37.670
with his plans to transition away from Twitter.

00:26:38.390 --> 00:26:41.569
Musk's decision to explore other platforms indicates

00:26:41.569 --> 00:26:44.390
his desire to reach a broader audience and expand

00:26:44.390 --> 00:26:47.210
his influence beyond Twitter. Former chair of

00:26:47.210 --> 00:26:50.390
the CFTC, Heath Tarbert, emphasizes the importance

00:26:50.390 --> 00:26:52.630
of stable coins in connecting the crypto world

00:26:52.630 --> 00:26:55.400
with the real economy. Stable coins have gained

00:26:55.400 --> 00:26:58.400
significant traction in recent years due to their

00:26:58.400 --> 00:27:01.059
ability to maintain a stable value, making them

00:27:01.059 --> 00:27:03.460
useful for daily transactions and bridging the

00:27:03.460 --> 00:27:05.960
gap between cryptocurrencies and traditional

00:27:05.960 --> 00:27:09.420
financial systems. The price stagnation of Bitcoin

00:27:09.420 --> 00:27:11.900
has prompted some investors to pivot towards

00:27:11.900 --> 00:27:15.640
altcoins. However, the overall interest in speculative

00:27:15.640 --> 00:27:18.559
assets remains limited as many investors still

00:27:18.559 --> 00:27:20.740
perceive cryptocurrencies as highly volatile

00:27:20.740 --> 00:27:24.500
and risky. KuCoin's CEO sheds light on allegations

00:27:24.500 --> 00:27:27.759
of mass layoffs within the company. These allegations

00:27:27.759 --> 00:27:29.880
raise concerns about the company's financial

00:27:29.880 --> 00:27:32.680
health and stability. It remains to be seen how

00:27:32.680 --> 00:27:35.299
KuCoin will address these issues and maintain

00:27:35.299 --> 00:27:38.880
the trust of its users. Doge reaches a three

00:27:38.880 --> 00:27:41.259
-month high following engagement from Elon Musk

00:27:41.259 --> 00:27:44.400
while BTC manages to sustain its position at

00:27:44.400 --> 00:27:47.789
$1 .29k. These price movements demonstrate the

00:27:47.789 --> 00:27:50.190
impact of influential figures in the crypto space

00:27:50.190 --> 00:27:52.670
and their ability to influence market sentiment

00:27:52.670 --> 00:27:55.710
and price fluctuations. In unfortunate news,

00:27:56.170 --> 00:27:59.009
crypto lending protocol Aerolend has been hacked,

00:27:59.509 --> 00:28:03.170
resulting in a loss of $3 .4 million. This incident

00:28:03.170 --> 00:28:05.930
highlights the ongoing security risks in the

00:28:05.930 --> 00:28:09.289
crypto industry and reinforces the need for robust

00:28:09.289 --> 00:28:12.859
security measures to protect users' funds. That

00:28:12.859 --> 00:28:15.299
wraps up our conversation about the latest news

00:28:15.299 --> 00:28:18.119
in the crypto world. It's always exciting to

00:28:18.119 --> 00:28:20.519
see how the market evolves and how various factors

00:28:20.519 --> 00:28:23.660
impact the industry. Stay tuned for more updates

00:28:23.660 --> 00:28:25.920
and developments in the fascinating world of

00:28:25.920 --> 00:28:29.599
cryptocurrencies. In the world of podcasting,

00:28:29.960 --> 00:28:32.480
there's a fascinating and mysterious phenomenon

00:28:32.480 --> 00:28:35.740
that's reshaping the audio medium. It's called

00:28:35.740 --> 00:28:38.259
Nostra's apps and it's gaining popularity among

00:28:38.259 --> 00:28:41.579
podcasters and listeners alike. Unlike traditional

00:28:41.579 --> 00:28:44.099
sponsorships where advertisers pay podcasters

00:28:44.099 --> 00:28:47.000
to promote their products or services, Noster's

00:28:47.000 --> 00:28:50.119
apps take a different approach. Listeners voluntarily

00:28:50.119 --> 00:28:52.799
contribute directly to podcasters, acknowledging

00:28:52.799 --> 00:28:55.119
the value they receive and supporting their favorite

00:28:55.119 --> 00:28:58.500
shows. This innovative sponsorship model empowers

00:28:58.500 --> 00:29:01.059
podcasters to maintain their creative independence

00:29:01.059 --> 00:29:03.500
while fostering a deeper connection with their

00:29:03.500 --> 00:29:08.000
audience. No longer reliant on advertisers, podcasters

00:29:08.000 --> 00:29:10.359
can deliver authentic content and pursue their

00:29:10.359 --> 00:29:13.440
passions. And listeners feel a sense of ownership

00:29:13.440 --> 00:29:15.980
over the shows they support, knowing that their

00:29:15.980 --> 00:29:18.460
contributions directly contribute to the longevity

00:29:18.460 --> 00:29:22.539
and growth of those podcasts. Noster's apps represent

00:29:22.539 --> 00:29:25.539
a paradigm shift in podcasting. It's a new approach

00:29:25.539 --> 00:29:28.460
that embraces the value exchange between podcasters

00:29:28.460 --> 00:29:31.779
and listeners. In this model, listeners are encouraged

00:29:31.779 --> 00:29:34.359
to determine the value they receive from a podcast,

00:29:34.509 --> 00:29:37.170
and contribute accordingly. It's not just about

00:29:37.170 --> 00:29:39.829
financial contributions. It's about engagement

00:29:39.829 --> 00:29:43.210
and support. By leaving positive reviews, sharing

00:29:43.210 --> 00:29:45.470
episodes with friends, and actively discussing

00:29:45.470 --> 00:29:48.210
the content on social media, listeners become

00:29:48.210 --> 00:29:50.589
an integral part of the success of the podcast.

00:29:51.210 --> 00:29:53.529
This creates a sense of community and participation

00:29:53.529 --> 00:29:56.329
that nurtures a loyal and dedicated fan base.

00:29:56.750 --> 00:29:59.390
But what is the true value exchange in podcasting?

00:29:59.809 --> 00:30:03.119
It goes beyond monetary contributions. Nostra's

00:30:03.119 --> 00:30:05.079
apps are a tangible expression of listeners'

00:30:05.339 --> 00:30:07.599
appreciation and support for a podcast and its

00:30:07.599 --> 00:30:10.400
host. It's a testament to the meaningful impact

00:30:10.400 --> 00:30:13.500
podcasts have on people's lives. The content

00:30:13.500 --> 00:30:15.700
and experiences delivered through these shows

00:30:15.700 --> 00:30:18.559
hold significant value and deserve recognition.

00:30:19.180 --> 00:30:21.400
The value exchanged is not just transactional,

00:30:21.799 --> 00:30:23.940
it's an emotional connection and appreciation

00:30:23.940 --> 00:30:26.099
for the creators and the community they have

00:30:26.099 --> 00:30:28.980
nurtured. Nostra's apps and value for value.

00:30:29.380 --> 00:30:32.910
V for V. Podcasting have revolutionized the traditional

00:30:32.910 --> 00:30:35.589
sponsorship model. They prioritize the direct

00:30:35.589 --> 00:30:37.750
connection between podcasters and listeners,

00:30:38.190 --> 00:30:40.509
enabling podcasters to create content true to

00:30:40.509 --> 00:30:43.650
their vision and fostering a loyal fan base.

00:30:44.309 --> 00:30:46.349
Simultaneously, listeners are given the opportunity

00:30:46.349 --> 00:30:49.710
to actively engage, support, and contribute to

00:30:49.710 --> 00:30:52.769
the podcasts they cherish. This mutual relationship

00:30:52.769 --> 00:30:55.069
drives the growth and sustainability of the show.

00:30:55.450 --> 00:30:58.529
As the podcasting landscape continues to evolve,

00:30:58.910 --> 00:31:02.230
Nostr's apps and V4V podcasts pave the way for

00:31:02.230 --> 00:31:05.130
a more collaborative and equitable future. They

00:31:05.130 --> 00:31:08.009
empower podcasters to thrive creatively, while

00:31:08.009 --> 00:31:10.769
listeners become active participants in the success

00:31:10.769 --> 00:31:13.690
of the shows they love. It's a win -win situation

00:31:13.690 --> 00:31:16.170
that fosters a vibrant podcasting community.

00:31:16.569 --> 00:31:19.670
So if you're a fan of podcasts and want to support

00:31:19.670 --> 00:31:22.630
your favorite shows, consider embracing the value

00:31:22.630 --> 00:31:25.440
exchange concept. Whether it's through financial

00:31:25.440 --> 00:31:28.039
contributions, engagement, or simply spreading

00:31:28.039 --> 00:31:30.960
the word about a podcast, your support matters.

00:31:31.619 --> 00:31:33.720
Together, we can create a podcasting landscape

00:31:33.720 --> 00:31:36.019
where creativity flourishes and the voices of

00:31:36.019 --> 00:31:38.720
content creators are heard. Thank you for listening

00:31:38.720 --> 00:31:41.140
and for your support. Remember to check us out

00:31:41.140 --> 00:31:44.039
on Fountain, Nostra .Build, Spotify, Amazon Music,

00:31:44.480 --> 00:31:48.359
RSS .com, Comma Pandora, Samsung Podcasts, Apple

00:31:48.359 --> 00:31:51.880
iTunes, iHeartRadio, and many more. Add a like,

00:31:51.920 --> 00:31:54.200
share or subscribe to the Bitcoin Street Journal.

00:31:54.579 --> 00:32:04.160
Your support is greatly appreciated. In today's

00:32:04.160 --> 00:32:06.500
episode, we covered a range of topics including

00:32:06.500 --> 00:32:08.779
the support for Bitcoin from governments, the

00:32:08.779 --> 00:32:11.759
rise in Bitcoin addresses, biohacking's popularity

00:32:11.759 --> 00:32:14.619
and the revolutionary approach to podcast sponsorship.

00:32:15.200 --> 00:32:17.359
Thanks for listening to today's episode. I'll

00:32:17.359 --> 00:32:19.200
see you guys at the next one and don't forget

00:32:19.200 --> 00:32:19.900
to subscribe.
