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 topics such as the inevitable

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Bitcoin adoption. SEC fines against Quantstamp

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and regulatory issues faced by Binance and Coinbase,

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government accused of UFO cover -up, various

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developments in the NFT market, new crypto wallet

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launches, and the impact of Noster's apps and

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value for value podcasts on podcasting. Hey there.

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Have you ever wondered about the significance

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of Bitcoin in today's world? Well, let me tell

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you, it's something you might not think you need

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until you do. This fascinating digital currency

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has been creating ripples in the financial landscape,

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and its impact is only going to grow stronger.

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Just recently, an interesting spiral clock infographic

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was shared on Twitter, highlighting the patterns

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of Bitcoin halvings, bull runs, and crashes.

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It's amazing to see how these events occur at

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specific times, almost like a clockwork mechanism.

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The source of this intriguing information, Twitter

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user at John X. Osterman, definitely knows how

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to grab attention. But let's not stop there because

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we have some powerful statements from some notable

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individuals. Saifuddin Ammous, the author of

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The Bitcoin Standard, believes that Bitcoin adoption

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is not just an option, it's inevitable. And billionaire

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Tim Draper shares the same sentiment, stating

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that Bitcoin is transforming the way currency

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and commerce is conducted. He even goes on to

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say that Bitcoin is a better and safer technology

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compared to fiat currencies and believes that

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the rest of the world will eventually embrace

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it. It's hard not to be bullish about Bitcoin

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with such influential figures backing it. Speaking

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of adoption, the statistics surrounding Bitcoin

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supply last active age bands are quite intriguing.

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At the moment, all subsections of the long -term

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holder cohort show all time highs in terms of

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hodling. This suggests that more and more people

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are holding on to their Bitcoin, which could

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have significant implications for its future

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value. The numbers are impressive. 69 .2 % of

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the supply has been inactive for more than a

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year, 55 .7 % for over two years, 40 .1 % for

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over three years, and 29 .1 % for over five years.

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It's a clear indicator of the long -term faith

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people have in Bitcoin. As we dive deeper into

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the topic, consider the importance of privacy.

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Paolo Arduino, the CTO of Tether, highlighted

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the value of privacy during the Lugano Plan B

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conference. He emphasizes that privacy is not

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about hiding something, but rather about preserving

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our freedom. This is an important factor to consider

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in the realm of digital currencies, where privacy

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and security are paramount. Speaking of notable

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figures, Robert F. Kennedy Jr., a pro -Bitcoin

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U .S. presidential candidate, has revealed that

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he holds up to 14 BTC. Not only that, but he

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has also bought two BTC for each of his seven

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children. Kennedy believes that being a commodity

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is essential for becoming a global money or property.

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These are certainly interesting times we're living

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in. And let's not forget the Human Rights Foundation,

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which recently launched a set of Bitcoin bounty

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challenges aiming to foster innovation in transactional

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privacy, censorship resistance, and self sovereignty.

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These challenges are bound to bring forth new

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ideas and developments that could shape the future

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of cryptocurrencies. For those interested in

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numbers, it's worth noting that the Bitcoin network

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has now settled an impressive $110 trillion in

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transaction volume. Talk about making an impact.

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Looking at the mining landscape, we see that

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sustainable Bitcoin mining has found a perfect

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home in Paraguay. Sazmaning has established a

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new BTC mining facility in the country, further

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solidifying the importance of Bitcoin and its

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impact on local economies. On the mainstream

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media front, CNBC mentioned Bitcoin's upcoming

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halving, prompting even more excitement in the

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community. These events generate anticipation

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and speculation about the future of the cryptocurrency

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market. Comparing the Fed's position in January

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2008 to July 2023 reveals some intriguing patterns.

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While history might not repeat itself, it often

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rhymes. It's certainly something to keep an eye

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on and be prepared for. And speaking of legal

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battles, Ripple's legal counsel believes that

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the SEC appeal will strengthen and uphold the

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judge's decision. This case has been closely

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watched by many as it has the potential to shape

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the regulatory landscape for cryptocurrencies.

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Analyzing market trends, we find that Bitcoin's

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correlation with U .S. equities has reached a

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two -year low, which could be seen as a potential

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bullish signal. This correlation, or lack thereof,

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reflects the evolving nature of Bitcoin as an

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asset class. Additionally, there has been a significant

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decline in Bitcoin whale balances, indicating

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a shift in the distribution of wealth within

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the cryptocurrency ecosystem. Such changes can

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have profound implications for market dynamics.

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In the realm of stablecoins, USDT's market cap

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has reached a new all -time high, further solidifying

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its position as a prominent stablecoin in the

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market. This growth indicates the increasing

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demand for stable and secure digital assets.

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So as you can see, Bitcoin is on the move with

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influential figures believing in its transformative

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power and adoption becoming more inevitable with

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each passing day. Whether you're interested in

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privacy, financial freedom, or the potential

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for innovation, Bitcoin has something to offer.

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It's an exciting time and the impact of cryptocurrency

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on our world is only just beginning to unfold.

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Hey everyone, let's dive into the latest news

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in the world of cryptocurrency and blockchain

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technology. First up, we have a story about Quantstamp.

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The company recently agreed to pay a $3 .5 million

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fine following charges from the SEC. It's always

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important for companies to ensure they comply

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with regulations to maintain trust in the industry.

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Next... Avalanche has launched a $50 million

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real world asset tokenization initiative. This

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is an exciting development as it brings traditional

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assets into the world of blockchain, potentially

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opening up new investment opportunities. In the

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world of politics, it seems that the stablecoin

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bill in Congress is causing some controversy.

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Democrats claim that it still reeks of Sam Bankman

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Fried, a prominent figure in the industry. It's

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interesting to see how the different political

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parties perceive stable coins and their regulation.

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Regulatory turmoil is also impacting market shares

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of major exchanges like Binance and Coinbase.

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As regulations evolve and change, it will be

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important to see how these exchanges adapt to

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ensure compliance while maintaining their market

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positions. Moving on, BlackRock. one of the largest

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asset management firms, is looking to India for

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a partnership with Jio to provide digital asset

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services. This shows the increasing interest

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in digital assets and their potential in emerging

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markets. A request for the reversal of SBF's

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bail has been made over the leak of Caroline

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Ellison's diary. Legal battles often have unexpected

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twists and turns, and this case is no different.

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It will be interesting to see how it unfolds.

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In terms of market updates, Bitcoin remains relatively

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flat after the Fed's rate hike, while XLM has

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soared by 14%. These fluctuations in the market

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are always worth keeping an eye on, as they can

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provide insights into the overall health of the

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industry. Binance Pool has unveiled its Bitcoin

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Cash mining service, offering more options for

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miners and potentially increasing the decentralization

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of mining power in the cryptocurrency space.

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In a surprising twist, CoinsPaid suspects that

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North Korea's Lazarus Group orchestrated a theft

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of $37 .3 million. Security breaches and cybercrime

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continue to be a challenge in the world of cryptocurrency,

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and it's important for companies to remain vigilant

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and proactive in their security measures. Next,

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let's take a look at Bitcoin's price analysis.

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Some speculate whether a crash to $27k is imminent

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for BTC, and there are key factors to watch in

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the coming days. Price movements are always a

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topic of interest for investors and traders alike.

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Coinbase CEO Brian Armstrong has called for voting

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in favor of FIT21. It's important for industry

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leaders to engage in discussions and advocate

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for changes that benefit the cryptocurrency ecosystem

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as a whole. In the legal realm, the legal brawl

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between Custodia Bank and the Feds is being seen

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as as important as Ripple's XRP case. The outcome

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of these legal battles can have significant implications

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for the industry and it's worth keeping an eye

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on their progress. Here's an interesting perspective

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from Tim Draper, who explains why he believes

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Bitcoin will rise above fiat currencies. Draper

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is known for his bullish stance on cryptocurrency

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and it's always interesting to hear his insights.

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Jack Dorsey, the CEO of Twitter and Square recently

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had a conversation with the Coinbase CEO. The

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question remains, what's better than Bitcoin?

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It's always exciting to see influential figures

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in the industry discussing the future of cryptocurrencies.

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In the world of politics, U .S. presidential

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candidate Robert Kennedy recently purchased 14

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BTC for his children. It's fascinating to see

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politicians engaging with cryptocurrencies and

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recognizing their potential as an investment

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asset. Republicans are blasting the White House

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for its failure to compromise on the stablecoin

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bill. Bipartisan support is crucial for the successful

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regulation of stablecoins, and it remains to

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be seen how the bill will progress in the coming

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months. The Sui Foundation has ended its partnership

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with Movie X following a contract violation.

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Partnerships form a crucial aspect of the cryptocurrency

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ecosystem, and it's essential for all parties

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involved to adhere to contractual obligations.

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Binance has officially filed for the dismissal

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of the CFTC's case against them. Legal battles

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and regulatory scrutiny are part and parcel of

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the cryptocurrency industry, and it will be interesting

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to see how this case unfolds. Bitcoin is struggling

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to maintain its stability at $1 .29k, while Pepe

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is down by 13 % on a weekly basis. The cryptocurrency

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market can be volatile, and these fluctuations

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are worth monitoring for traders and investors

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alike. According to reports, Sequoia has reduced

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its crypto fund by almost $400 million. While

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market corrections and adjustments are common,

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it's worth noting the impact this may have on

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investor sentiment. Federal prosecutors want

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Sam Bankman Fried, a prominent figure in the

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industry, jailed until trial over alleged witness

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tampering. Legal battles can become highly contentious,

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and it's vital for all involved to respect due

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process and allow the legal system to run its

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course. On a lighter note, Reddit has launched

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more polygon NFTs following their successful

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minting of 18 million avatars. NFTs continue

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to garner attention and interest, and it's exciting

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to see platforms like Reddit embracing this trend.

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Coolcats and AKU are among the new collectible

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avatars available, with prices ranging from a

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couple of bucks to $200 apiece. The NFT space

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is full of creativity and unique opportunities

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for artists and collectors alike. And that wraps

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up our roundup of the latest news in the cryptocurrency

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and blockchain world. Stay tuned for more updates

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and keep exploring the exciting developments

00:12:12.799 --> 00:12:17.179
in this ever -evolving space. So there was quite

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a buzz recently during a congressional hearing

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about UFOs. Witnesses came forward claiming they

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have first -hand evidence of the existence and

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possession of alien spacecraft. This heated discussion

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sparked accusations of a government cover -up.

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Can you believe it? aliens and conspiracy theories

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sure know how to grab attention. In other news,

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for all you Twitter aficionados who miss the

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good old days of the original bird logo, there's

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a solution. A crypto developer has created a

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browser tool that allows you to restore the classic

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logo so you don't have to put up with what some

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people consider an ugly X brand. Now you can

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tweet with nostalgia. Have you ever thought about

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combining AI and blockchain in a Discord game?

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In a recent interview, Alex Finden, the creative

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director of Alchemy Battle for Ankos, explains

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how they're using AI and blockchain technology

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to create a unique gaming experience. It's fascinating

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to see how these innovative technologies can

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come together to create something entirely new.

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OpenAI, known for its advanced AI models, has

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stirred up some controversy with its secret image

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generator. This tool, which is yet to be released,

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doesn't shy away from featuring boundary stretching

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content. It provides a platform where artists

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can explore their creativity and push boundaries.

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But this provocative approach has put Mid Journey,

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a similar company, on notice. Speaking of Alchemy

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Battle for Ankos, it seems this game is making

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quite the splash. Demonstrated at the Solana

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PlayGG event, it combines AI and blockchain technology

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to deliver an extraordinary gaming experience.

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It's exciting to see how these technologies can

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be integrated to revolutionize the gaming industry.

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Robert F. Kennedy Jr., the Democratic candidate

00:14:03.529 --> 00:14:06.389
for U .S. president, recently made a bold move

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by purchasing 14 Bitcoin for his kids. Not only

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that, but he also criticized banks for giving

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in to political pressure. It's interesting to

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see how politicians are embracing cryptocurrencies

00:14:17.769 --> 00:14:20.610
and expressing their opinions about traditional

00:14:20.610 --> 00:14:24.009
financial systems. Now let's talk about cybercrime.

00:14:24.110 --> 00:14:26.450
There's been a recent hack worth $60 million

00:14:26.450 --> 00:14:29.070
and it's believed to be the work of the North

00:14:29.070 --> 00:14:32.769
Korean hacker cell, Lazarus. A renowned crypto

00:14:32.769 --> 00:14:35.549
investigator has identified Lazarus as the likely

00:14:35.549 --> 00:14:38.309
culprit based on their unique fingerprint on

00:14:38.309 --> 00:14:41.289
the blockchain. This just goes to show that cyber

00:14:41.289 --> 00:14:43.970
criminals are becoming increasingly sophisticated

00:14:43.970 --> 00:14:47.710
in their attacks. Sotheby's, the famous auction

00:14:47.710 --> 00:14:50.820
house. made history with a Dutch auction, a first

00:14:50.820 --> 00:14:53.940
in their 300 -year history. The auction featured

00:14:53.940 --> 00:14:57.840
generative NFT artworks by Vera Molnar, a pioneering

00:14:57.840 --> 00:15:00.740
99 -year -old artist. The bidding process started

00:15:00.740 --> 00:15:03.039
at a high price and gradually decreased until

00:15:03.039 --> 00:15:06.179
a buyer emerged. It's exciting to see traditional

00:15:06.179 --> 00:15:08.759
auction houses embracing the digital art revolution.

00:15:09.399 --> 00:15:11.820
In other legal news, the U .S. Department of

00:15:11.820 --> 00:15:14.360
Justice has decided not to proceed with a campaign

00:15:14.360 --> 00:15:18.279
finance charge against Sam Bankman Fried. The

00:15:18.279 --> 00:15:20.419
original extradition from the Bahamas did not

00:15:20.419 --> 00:15:22.759
mention charges related to political donations.

00:15:23.580 --> 00:15:25.980
It's interesting to see how legal processes can

00:15:25.980 --> 00:15:29.139
evolve and change over time. Animoca Brands,

00:15:29.259 --> 00:15:31.639
a major player in the metaverse, has invested

00:15:31.639 --> 00:15:35.139
a whopping $30 million into Web3 Super App High.

00:15:35.639 --> 00:15:37.940
Known for their collaboration with Mastercard

00:15:37.940 --> 00:15:41.340
to customize credit cards with NFTs, it's only

00:15:41.340 --> 00:15:43.700
natural for them to explore new possibilities

00:15:43.700 --> 00:15:47.059
within the Web3 space. We can't help but wonder

00:15:47.059 --> 00:15:49.360
what other brands in the Animoca family might

00:15:49.360 --> 00:15:53.720
dive into the NFT world. Securitize, a tokenization

00:15:53.720 --> 00:15:56.620
firm already established in the US, is expanding

00:15:56.620 --> 00:15:59.379
its reach into the European Union. They are set

00:15:59.379 --> 00:16:02.059
to issue their first tokenized security in Spain,

00:16:02.740 --> 00:16:04.659
marking the beginning of their European campaign.

00:16:05.320 --> 00:16:07.679
It will be interesting to see how tokenization

00:16:07.679 --> 00:16:10.259
and blockchain technology continue to shape the

00:16:10.259 --> 00:16:13.399
financial landscape. Lastly, the collaboration

00:16:13.399 --> 00:16:16.259
between consensus -backed Palm Network and Polygon

00:16:16.259 --> 00:16:18.899
aims to launch a creators' platform on the Polygon

00:16:18.899 --> 00:16:21.919
supernet. This collaboration seeks to reduce

00:16:21.919 --> 00:16:24.360
costs and improve efficiency for creators and

00:16:24.360 --> 00:16:27.940
brands entering the Web 3 space. It's exciting

00:16:27.940 --> 00:16:30.100
to see how different projects are coming together

00:16:30.100 --> 00:16:32.320
to build a more accessible and inclusive Web

00:16:32.320 --> 00:16:35.179
3 ecosystem. And that's a wrap on all the recent

00:16:35.179 --> 00:16:37.940
news highlights. It's always fascinating to see

00:16:37.940 --> 00:16:40.740
how technology, finance, and creativity intersect

00:16:40.740 --> 00:16:43.659
in our ever -evolving world. Stay tuned for more

00:16:43.659 --> 00:17:04.650
updates on these exciting developments. aims

00:17:04.650 --> 00:17:06.769
to make crypto more accessible to the mainstream.

00:17:07.609 --> 00:17:10.269
They're all about blending Web2 and Web3, bringing

00:17:10.269 --> 00:17:12.430
traditional internet technologies together with

00:17:12.430 --> 00:17:14.809
blockchain innovation. In other news, we have

00:17:14.809 --> 00:17:17.490
Beatport, the iconic electronic music platform,

00:17:17.950 --> 00:17:19.869
making its debut on the Polkadot blockchain.

00:17:20.589 --> 00:17:23.230
To celebrate, they're launching an NFT marketplace

00:17:23.230 --> 00:17:26.009
and collaborating with Berlin -based photographer

00:17:26.009 --> 00:17:29.269
Misha Fanghanel for a limited collection called

00:17:29.269 --> 00:17:32.809
NAKTS. It's an exciting fusion of music, art,

00:17:33.049 --> 00:17:35.750
and blockchain technology. Moving on, we have

00:17:35.750 --> 00:17:38.549
EF Defense, a mobile strategy game hitting the

00:17:38.549 --> 00:17:41.690
Ethereum scaling network. Developed by the creators

00:17:41.690 --> 00:17:44.450
of the popular game Endless Fantasy, this game

00:17:44.450 --> 00:17:47.150
is set to take the world by storm. Get ready

00:17:47.150 --> 00:17:49.529
to strategize and defend your territory on the

00:17:49.529 --> 00:17:53.269
blockchain. Next, we have Sazminning, a company

00:17:53.269 --> 00:17:55.769
opening a new green Bitcoin mining facility in

00:17:55.769 --> 00:17:58.319
Paraguay. They're tapping into the power of the

00:17:58.319 --> 00:18:00.720
Itaipu Dam to ensure environmentally friendly

00:18:00.720 --> 00:18:04.099
Bitcoin mining. Their new facility, set to go

00:18:04.099 --> 00:18:06.660
live in September, will complement their existing

00:18:06.660 --> 00:18:09.940
facility in the U .S. Now let's talk about stablecoins.

00:18:10.660 --> 00:18:13.059
House Republicans are pushing for a bill to regulate

00:18:13.059 --> 00:18:15.519
stablecoins, but Democrats don't think it goes

00:18:15.519 --> 00:18:18.539
far enough. It's a debate about how to properly

00:18:18.539 --> 00:18:21.799
oversee stablecoins, which play a crucial role

00:18:21.799 --> 00:18:24.779
in the world of crypto. In a different story,

00:18:25.220 --> 00:18:27.900
a Facebook group made up of former NatWest customers

00:18:27.900 --> 00:18:30.799
is accusing the bank of unfair practices related

00:18:30.799 --> 00:18:33.819
to crypto trading. They claim the bank has debanked

00:18:33.819 --> 00:18:36.599
customers who engage in crypto trading and they're

00:18:36.599 --> 00:18:39.720
seeking justice for what they believe is mistreatment.

00:18:40.059 --> 00:18:42.400
Shifting gears, we have a fascinating development

00:18:42.400 --> 00:18:46.250
in the fashion industry. MNTGE, a fashion brand,

00:18:46.470 --> 00:18:49.349
is launching Ethereum -based NFTs that can be

00:18:49.349 --> 00:18:51.809
redeemed for physical patches created by renowned

00:18:51.809 --> 00:18:55.769
artists like Jen Stark, OSF, Nyan Cat, and Bored

00:18:55.769 --> 00:18:58.089
Ape Yacht Club. It's a creative way to bridge

00:18:58.089 --> 00:19:00.950
the digital and physical worlds. In other crypto

00:19:00.950 --> 00:19:04.029
news, Grayscale, a well -known investment firm,

00:19:04.509 --> 00:19:07.630
is suing the SEC over the denial of their request

00:19:07.630 --> 00:19:11.640
to convert GBTC into a Bitcoin ETF. They argue

00:19:11.640 --> 00:19:14.579
that the SEC should approve all Bitcoin ETFs

00:19:14.579 --> 00:19:17.140
at the same time, rather than picking and choosing.

00:19:17.740 --> 00:19:20.299
Now here's something intriguing. Andreessen Horowitz

00:19:20.299 --> 00:19:23.259
is redefining companionship with AI. They're

00:19:23.259 --> 00:19:25.599
working on creating tools that allow users to

00:19:25.599 --> 00:19:27.900
build their own AI girlfriends or companions.

00:19:28.440 --> 00:19:30.859
It's a fascinating concept that explores the

00:19:30.859 --> 00:19:33.119
intersection of technology and human connection.

00:19:33.589 --> 00:19:36.329
Next, we have the British Museum entering the

00:19:36.329 --> 00:19:39.509
metaverse through the Sandbox, an Ethereum -based

00:19:39.509 --> 00:19:42.450
virtual world. The museum plans to establish

00:19:42.450 --> 00:19:45.190
an interactive space within the metaverse and

00:19:45.190 --> 00:19:48.150
offer NFT collectibles. It's an innovative way

00:19:48.150 --> 00:19:50.309
to engage with art and culture in the digital

00:19:50.309 --> 00:19:53.950
realm. Maker, a decentralized finance protocol,

00:19:54.390 --> 00:19:56.569
is making waves with its increasing exposure

00:19:56.569 --> 00:19:59.559
to U .S. Treasury bills. Alongside a buyback

00:19:59.559 --> 00:20:02.079
program for MKR tokens, this move is boosting

00:20:02.079 --> 00:20:04.380
revenues and drawing attention to the protocol's

00:20:04.380 --> 00:20:09.119
substantial $1 .73 billion T -bill stash. In

00:20:09.119 --> 00:20:11.759
regulatory news, Binance, one of the largest

00:20:11.759 --> 00:20:16.059
crypto exchanges, is accusing the CFTC of overreaching

00:20:16.059 --> 00:20:19.539
its authority by enforcing US laws on overseas

00:20:19.539 --> 00:20:22.500
activities. It's an ongoing battle between the

00:20:22.500 --> 00:20:26.089
exchange and the regulatory agency. Now, let's

00:20:26.089 --> 00:20:28.589
talk about a feuding situation between two crypto

00:20:28.589 --> 00:20:32.329
firms, Genesis and FTX. FTX claims that Genesis

00:20:32.329 --> 00:20:35.369
owes them a whopping $2 billion, while Genesis

00:20:35.369 --> 00:20:38.309
insists they owe nothing. However, a joint letter

00:20:38.309 --> 00:20:39.970
suggests they may have reached a settlement.

00:20:40.950 --> 00:20:43.470
Drama and crypto never seem to be too far apart.

00:20:44.509 --> 00:20:46.609
Our attention now turns to the Senate's defense

00:20:46.609 --> 00:20:48.789
bill, which has attracted attention from the

00:20:48.789 --> 00:20:51.720
crypto community. This bill includes provisions

00:20:51.720 --> 00:20:54.200
that target crypto mixers and privacy coins.

00:20:54.859 --> 00:20:56.460
It's an important development that highlights

00:20:56.460 --> 00:20:59.240
the ongoing discussions around regulation and

00:20:59.240 --> 00:21:02.180
privacy in the crypto space. And finally, let's

00:21:02.180 --> 00:21:05.420
talk about Pavel Durov, the CEO of Telegram.

00:21:06.420 --> 00:21:08.779
In a recent statement, he revealed that he personally

00:21:08.779 --> 00:21:11.900
owns nothing except for Telegram, some bitcoins,

00:21:12.480 --> 00:21:15.400
and Toncoin. Speaking of Telegram, the messaging

00:21:15.400 --> 00:21:18.309
platform has reached impressive milestones. boasting

00:21:18.309 --> 00:21:21.549
over 300 million users and gaining 2 .5 million

00:21:21.549 --> 00:21:26.190
new registered users daily. With over 800 million

00:21:26.190 --> 00:21:29.309
monthly active users, Telegram is a force to

00:21:29.309 --> 00:21:32.869
be reckoned with. Now, let's take a trip down

00:21:32.869 --> 00:21:36.950
memory lane. Remember 2013? Well, Bitcoin was

00:21:36.950 --> 00:21:39.269
already making waves back then. Can you believe

00:21:39.269 --> 00:21:43.130
it? Mining Bitcoin in 2013 was quite the adventure.

00:21:43.670 --> 00:21:45.849
The cryptocurrency was still in its early stages

00:21:45.849 --> 00:21:48.170
and enthusiasts were fascinated by the potential

00:21:48.170 --> 00:21:51.069
of this groundbreaking technology. That wraps

00:21:51.069 --> 00:21:53.869
up our crypto news for today. Thanks for tuning

00:21:53.869 --> 00:21:56.369
in and we'll catch you next time with more exciting

00:21:56.369 --> 00:21:59.789
updates from the world of cryptocurrencies. Stay

00:21:59.789 --> 00:22:03.410
curious and keep exploring the fascinating world

00:22:03.410 --> 00:22:06.930
of crypto. Did you know that Bulgarian authorities

00:22:06.930 --> 00:22:10.960
own a whopping 213 ,000 bitcoins? Yes, you heard

00:22:10.960 --> 00:22:13.640
that right. These bitcoins, which are valued

00:22:13.640 --> 00:22:17.019
at approximately $6 billion, were seized from

00:22:17.019 --> 00:22:20.119
a criminal group back in 2017. Talk about a major

00:22:20.119 --> 00:22:23.400
bust, but that's not all. Recently, a Bitcoin

00:22:23.400 --> 00:22:26.039
whale wallet that has been dormant for a staggering

00:22:26.039 --> 00:22:29.539
11 years made a move. The owner of this wallet

00:22:29.539 --> 00:22:33.619
transferred a jaw -dropping $37 .8 million worth

00:22:33.619 --> 00:22:37.099
of Bitcoin. To put things into perspective, back

00:22:37.099 --> 00:22:40.059
in April 2012, when this wallet was last moved,

00:22:40.640 --> 00:22:46.480
the Bitcoin price was a measly $5 ,107. Can you

00:22:46.480 --> 00:22:48.880
believe it? It just goes to show how much the

00:22:48.880 --> 00:22:51.160
cryptocurrency market has grown over the years.

00:22:51.940 --> 00:22:54.400
In other exciting news, Japan's prime minister,

00:22:54.720 --> 00:22:57.799
Fumio Kishida, revealed that the country is actively

00:22:57.799 --> 00:23:00.539
working towards creating a Bitcoin friendly environment.

00:23:01.319 --> 00:23:03.519
He believes that fostering the growth of Bitcoin

00:23:03.519 --> 00:23:06.140
and cryptocurrencies can completely transform

00:23:06.140 --> 00:23:08.940
the internet as we know it. How amazing is that?

00:23:09.339 --> 00:23:12.000
Japan, known for its technological advancements,

00:23:12.420 --> 00:23:15.440
is now paving the way for Bitcoin adoption. Moving

00:23:15.440 --> 00:23:18.119
on to the United States, presidential candidate

00:23:18.119 --> 00:23:20.599
Robert F. Kennedy Jr. speaks out against the

00:23:20.599 --> 00:23:23.420
financial system, arguing that it is designed

00:23:23.420 --> 00:23:26.440
to benefit the wealthiest individuals while stripping

00:23:26.440 --> 00:23:28.559
the middle class of their assets and equity.

00:23:28.900 --> 00:23:31.019
It's a troubling statement that sheds light on

00:23:31.019 --> 00:23:33.460
the economic disparities present in the country.

00:23:33.920 --> 00:23:36.259
Shifting gears, we have an intriguing question

00:23:36.259 --> 00:23:38.940
for you. What's your prediction for today's Federal

00:23:38.940 --> 00:23:41.619
Reserve meeting? The expected interest rate is

00:23:41.619 --> 00:23:46.980
5 .50%, while the previous rate was 5 .25%. It's

00:23:46.980 --> 00:23:49.259
always fascinating to anticipate what decisions

00:23:49.259 --> 00:23:52.039
and policies will be put forth by powerful institutions

00:23:52.039 --> 00:23:54.759
like the Federal Reserve. Now let's dive into

00:23:54.759 --> 00:23:57.740
the inevitable future of Bitcoin adoption. According

00:23:57.740 --> 00:24:00.180
to Seifedean Ammous, the author of The Bitcoin

00:24:00.180 --> 00:24:02.559
Standard, there is no doubt that Bitcoin will

00:24:02.559 --> 00:24:05.369
be adopted worldwide. It's not just an option,

00:24:05.650 --> 00:24:08.509
it's an absolute certainty. With the increasing

00:24:08.509 --> 00:24:10.750
acceptance and recognition of cryptocurrencies,

00:24:11.470 --> 00:24:13.710
it's only a matter of time before Bitcoin becomes

00:24:13.710 --> 00:24:16.589
an indispensable part of our lives. Things are

00:24:16.589 --> 00:24:19.029
starting to heat up in the crypto world. The

00:24:19.029 --> 00:24:21.390
Department of Justice recently dropped campaign

00:24:21.390 --> 00:24:24.369
finance charges against Sam Bankman Fried, a

00:24:24.369 --> 00:24:27.390
notorious crypto scammer. This decision raises

00:24:27.390 --> 00:24:29.930
important questions about the influence and accountability

00:24:29.930 --> 00:24:33.109
of financial regulators. It's crucial to examine

00:24:33.109 --> 00:24:35.630
how such actions can impact the perception and

00:24:35.630 --> 00:24:38.369
trust in the financial system. On a different

00:24:38.369 --> 00:24:40.690
note, the Dow Jones has experienced quite a run.

00:24:41.269 --> 00:24:43.970
It has closed higher for 13 consecutive trading

00:24:43.970 --> 00:24:46.650
days, a rare occurrence that has only happened

00:24:46.650 --> 00:24:49.809
once in the last 100 years. It's a significant

00:24:49.809 --> 00:24:51.769
milestone that highlights the market's current

00:24:51.769 --> 00:24:54.410
momentum and suggests potential opportunities

00:24:54.410 --> 00:24:57.150
for investors. Shifting our focus to Germany,

00:24:57.670 --> 00:24:59.869
we see a concerning trend in their housing market.

00:25:00.089 --> 00:25:03.710
Existing home prices have fallen by 13 .1 % year

00:25:03.710 --> 00:25:06.430
on year in June, marking the largest decline

00:25:06.430 --> 00:25:10.009
since October 2004. This follows a previous decline

00:25:10.009 --> 00:25:13.890
of 11 .7 % year on year in May. It's a stark

00:25:13.890 --> 00:25:16.029
reminder of the challenges faced by the real

00:25:16.029 --> 00:25:19.009
estate sector and the potential impact on homeowners.

00:25:19.710 --> 00:25:22.390
In conclusion, the crypto world continues to

00:25:22.390 --> 00:25:24.890
make headlines with significant events and developments.

00:25:25.480 --> 00:25:28.799
From Bulgaria's impressive stash of seized bitcoins

00:25:28.799 --> 00:25:31.940
to Japan's push for Bitcoin adoption and even

00:25:31.940 --> 00:25:34.480
the controversial actions of financial regulators,

00:25:35.039 --> 00:25:38.000
there's never a dull moment. Meanwhile, the Dow

00:25:38.000 --> 00:25:40.619
Jones shows its strength, while Germany's housing

00:25:40.619 --> 00:25:43.539
market experiences a troubling decline. With

00:25:43.539 --> 00:25:46.220
each new day, the financial landscape evolves,

00:25:46.640 --> 00:25:48.680
and it's essential to stay informed and aware

00:25:48.680 --> 00:25:58.240
of these changes. In the world of podcasting,

00:25:58.279 --> 00:26:00.759
there's a fascinating and mysterious phenomenon

00:26:00.759 --> 00:26:03.279
that's been reshaping the landscape of this audio

00:26:03.279 --> 00:26:06.660
medium. It's called Nosterzaps, and it's gaining

00:26:06.660 --> 00:26:09.299
traction among both podcasters and listeners.

00:26:09.880 --> 00:26:12.519
In this episode, we're going to unravel the mystery

00:26:12.519 --> 00:26:15.099
of Nosterzaps and explore the paradigm shift

00:26:15.099 --> 00:26:18.940
brought about by value for value podcasts. Nosterzaps

00:26:18.940 --> 00:26:21.319
have taken the podcasting industry by storm,

00:26:21.680 --> 00:26:24.460
leaving many perplexed yet intrigued. Unlike

00:26:24.460 --> 00:26:26.740
traditional sponsorships where advertisers pay

00:26:26.740 --> 00:26:29.359
podcasters to promote their products or services,

00:26:30.099 --> 00:26:33.059
Nostra's apps take a different approach. Listeners

00:26:33.059 --> 00:26:35.839
voluntarily contribute directly to the podcasters,

00:26:36.259 --> 00:26:38.420
acknowledging the value they receive and supporting

00:26:38.420 --> 00:26:41.259
their favorite shows. This innovative sponsorship

00:26:41.259 --> 00:26:44.140
model empowers podcasters to maintain their creative

00:26:44.140 --> 00:26:46.359
independence while fostering a deeper connection

00:26:46.359 --> 00:26:49.019
with their audience. They're no longer reliant

00:26:49.019 --> 00:26:51.819
on the whims of advertisers, but rather free

00:26:51.819 --> 00:26:54.059
to deliver authentic content and pursue their

00:26:54.059 --> 00:26:57.400
passions. And in turn, listeners feel a sense

00:26:57.400 --> 00:27:00.380
of ownership over the shows they support, knowing

00:27:00.380 --> 00:27:02.599
that their contributions directly contribute

00:27:02.599 --> 00:27:06.039
to the podcast's longevity and growth. But Nostra's

00:27:06.039 --> 00:27:08.599
apps are just one part of a larger movement in

00:27:08.599 --> 00:27:12.380
podcasting known as value for value V4V podcasting.

00:27:12.589 --> 00:27:14.829
This is a paradigm shift that puts the value

00:27:14.829 --> 00:27:17.109
exchange between podcasters and listeners at

00:27:17.109 --> 00:27:20.130
the forefront. In this model, listeners are encouraged

00:27:20.130 --> 00:27:22.630
to determine the value they receive from a podcast

00:27:22.630 --> 00:27:26.650
and contribute accordingly. V4V podcasts recognize

00:27:26.650 --> 00:27:29.630
that value can come not just in the form of financial

00:27:29.630 --> 00:27:32.809
contributions, but also through engagement and

00:27:32.809 --> 00:27:36.720
support, leaving a positive review, sharing episodes

00:27:36.720 --> 00:27:39.500
with friends, or actively discussing the content

00:27:39.500 --> 00:27:42.599
on social media are all valuable ways that listeners

00:27:42.599 --> 00:27:45.880
can contribute to the success of a podcast. This

00:27:45.880 --> 00:27:48.319
fosters a sense of community and participation,

00:27:48.839 --> 00:27:51.359
creating a loyal and dedicated fan base that

00:27:51.359 --> 00:27:53.799
drives the growth and sustainability of the show.

00:27:54.920 --> 00:27:57.759
While Noster's apps represent a novel approach

00:27:57.759 --> 00:28:01.059
to podcast sponsorship, it's important to understand

00:28:01.059 --> 00:28:04.190
the true value exchange. It goes beyond just

00:28:04.190 --> 00:28:08.109
monetary contributions. Nostra's apps are a tangible

00:28:08.109 --> 00:28:10.309
expression of the appreciation and support that

00:28:10.309 --> 00:28:12.470
listeners have for the podcast and its host.

00:28:13.049 --> 00:28:15.670
They represent the meaningful impact that podcasts

00:28:15.670 --> 00:28:18.490
have on listeners' lives and an acknowledgement

00:28:18.490 --> 00:28:21.450
that the content and experiences delivered through

00:28:21.450 --> 00:28:24.569
these shows hold significant value and deserve

00:28:24.569 --> 00:28:28.230
recognition. The value exchanged is not solely

00:28:28.230 --> 00:28:31.289
transactional. but rather an emotional connection

00:28:31.289 --> 00:28:33.890
and appreciation for the creators and the community

00:28:33.890 --> 00:28:36.990
they have nurtured. So what does this mean for

00:28:36.990 --> 00:28:40.750
the future of podcasting? Noster's apps and value

00:28:40.750 --> 00:28:43.309
for value podcasting have revolutionized the

00:28:43.309 --> 00:28:46.430
traditional sponsorship model, prioritizing the

00:28:46.430 --> 00:28:48.730
direct connection between podcasters and listeners.

00:28:49.349 --> 00:28:51.670
These phenomena have empowered podcasters to

00:28:51.670 --> 00:28:54.130
create content that's true to their vision, and

00:28:54.130 --> 00:28:56.349
they've fostered a loyal fan base in the process.

00:28:56.829 --> 00:28:59.529
But it's not just about the podcasters themselves.

00:29:00.130 --> 00:29:02.430
Listeners are also given the opportunity to actively

00:29:02.430 --> 00:29:05.230
engage, support, and contribute to the podcasts

00:29:05.230 --> 00:29:08.430
they cherish. This mutual exchange of value creates

00:29:08.430 --> 00:29:10.690
a more collaborative and equitable future for

00:29:10.690 --> 00:29:13.490
podcasting. As the podcasting landscape continues

00:29:13.490 --> 00:29:16.650
to evolve, Nostra's apps and V4V podcasts are

00:29:16.650 --> 00:29:19.309
leading the way. They are reshaping the relationship

00:29:19.309 --> 00:29:21.990
between creators and listeners, fostering a deeper

00:29:21.990 --> 00:29:24.730
connection and appreciation for the medium. and

00:29:24.730 --> 00:29:26.789
it's through the support of listeners like you

00:29:26.789 --> 00:29:30.690
that these podcasts can continue to thrive. So

00:29:30.690 --> 00:29:33.730
whether you're a podcaster or a listener, consider

00:29:33.730 --> 00:29:36.009
the value exchange that's happening in the world

00:29:36.009 --> 00:29:39.630
of podcasting. If you love a podcast, show your

00:29:39.630 --> 00:29:42.029
support by contributing in whatever way feels

00:29:42.029 --> 00:29:45.130
right to you. Whether it's a financial contribution,

00:29:45.609 --> 00:29:47.769
leaving a review, or simply sharing the show

00:29:47.769 --> 00:29:50.980
with your friends, your support matters. Together,

00:29:51.079 --> 00:29:54.220
we can create a podcasting community that values

00:29:54.220 --> 00:29:56.859
and supports the incredible content being produced.

00:29:57.279 --> 00:30:00.099
So let's continue to embrace Nostr's apps and

00:30:00.099 --> 00:30:02.440
the value for value model to ensure a bright

00:30:02.440 --> 00:30:05.099
and collaborative future for podcasting. And

00:30:05.099 --> 00:30:08.000
remember, you can support us on fountain .com,

00:30:08.220 --> 00:30:12.720
NostrBuild, Spotify, Amazon Music, RSS .com,

00:30:12.980 --> 00:30:16.720
Pandora, Samsung podcasts, Apple iTunes, and

00:30:16.720 --> 00:30:19.220
many more platforms by adding a like, share,

00:30:19.450 --> 00:30:21.509
or subscribing to the Bitcoin Street Journal.

00:30:22.029 --> 00:30:24.029
Thank you for listening and for your tremendous

00:30:24.029 --> 00:30:50.519
support. Bitcoin ownership by Bulgaria and the

00:30:50.519 --> 00:30:52.900
impact of Nostra's apps and value for value podcasts

00:30:52.900 --> 00:30:55.519
on podcasting. Thanks for listening to today's

00:30:55.519 --> 00:30:57.519
episode. I'll see you guys at the next one and

00:30:57.519 --> 00:30:58.519
don't forget to subscribe.
