Welcome to the Bitcoin Street Journal, Bitcoin
Market Update Podcast, your daily source for
live updates on the Bitcoin market. Join us as
we delve into current Bitcoin technical analysis,
track Bitcoin BTC prices, explore market capitalization
trends, and analyze market supply. Stay ahead
of the curve with our comprehensive coverage
of the ever -evolving world of Bitcoin. In today's
episode, we'll cover the Bitcoin Street Journal's
ad -free news platform, SEC's decision on ARK's
Bitcoin ETF. Bitcoin hodlers at a record 75%.
Cathie Wood's expectations for multiple ETF approvals.
UK bank's crypto transfer limits. A crypto scam
resulting in a $9 .2 million loss. Block's BTC
revenue increase. Underperformance of crypto
hedge funds. Elon Musk's potential involvement
with cryptocurrencies. XRP's price crash. Adam
Back's prediction for Tron and Huobi. Bitcoin
price consolidation. Grayscale's alignment of
Bitcoin's price with US elections. CoinShares
halt in shorting Bitcoin, advancements in blockchain
games and Reddit tokens, AI's capability to determine
typed content, the influx of imposter tokens
on Ethereum, declining interest in crypto among
Neopets fans, Neuralink's funding, Brazil's CBDC
named Drex, OpenAI's web crawler for AI training,
AI written books on Amazon, Super Chief Gallery's
mission to connect NFT galleries, and the transformation
of podcast sponsorship with Nostr's apps. and
value for value podcasting. So let's take a moment
to talk about the Bitcoin Street Journal dot
com. What sets it apart from other news sites
out there? Well, the answer is simple. It has
zero ads. That's right. When you visit the Bitcoin
Street Journal dot com, you won't see any ads
popping up, distracting you from the news you
came for. The reason behind this unique approach
is quite interesting. The managing editor and
CEO of the BitcoinStreetJournal .com was fed
up with ads while trying to read about his favorite
peer -to -peer open source network protocol.
So, he decided to create a platform where people
like him could read and comprehend relevant Bitcoin
information without any interference. One notable
aspect of the BitcoinStreetJournal .com is its
comprehensive market capitalization index. Unlike
other platforms like CoinMarketCap, you won't
find any ads cluttering the page on the BitcoinStreetJournal
.com. The team behind it is constantly working
on improving and evolving its free services for
the Bitcoin community. And here's the best part.
The BitcoinStreetJournal .com will never have
advertisers as long as the Bitcoin CEO is in
charge. They are committed to providing ad -free
content and maintaining the integrity of their
platform. Now let's move on to some exciting
news that just came in. It seems that Bitcoin
held by long -term holders has hit a new all
-time high. This is certainly something worth
celebrating for all the Bitcoin enthusiasts out
there. It's a testament to the growing interest
and confidence in the world's leading cryptocurrency.
The daily diary of the Bitcoin dream is not just
a fantasy. It's a reality that is unfolding before
our eyes. People from all walks of life are embracing
Bitcoin and its potential to revolutionize various
industries. From finance to technology, this
digital currency is making its mark. And the
BitcoinStreetJournal .com is here to bring you
all the latest updates and insights. Whether
you are a long -term holder or a newcomer to
the world of Bitcoin, staying informed is crucial.
The BitcoinStreetJournal .com understands this
and aims to provide a reliable source of information
that you can trust. With their commitment to
an ad -free experience, you can focus on what
really matters. understanding the world of Bitcoin
and its impact on our lives. So, if you're tired
of ads and want to explore the latest news and
developments in the world of Bitcoin, look no
further than the BitcoinStreetJournal .com. It's
a platform built with the community in mind,
offering a distraction -free environment for
you to delve into the world of Bitcoin. Remember,
the future is now and the Bitcoin Street Journal.
.com is here to guide you through it. So there's
some exciting news in the world of Bitcoin. The
Securities and Exchange Commission, SEC, is set
to make a decision on ARK's application for a
Bitcoin ETF by August 13th. This could have a
big impact on the future of Bitcoin and its adoption.
I'm sure many of you are eagerly waiting to see
what the SEC decides. In other news, Bitcoin
is setting a new record by reaching an all -time
low in volatility. This is great news for those
who believe in the long -term potential of Bitcoin.
As we like to say in the Bitcoin community, HODL.
Hold on for dear life. Did you catch the news
about Do Kwon, the co -founder of Terraform Labs?
It seems his address was linked to a movement
of 5 ,292 Bitcoin last week. That's quite a significant
transaction. It's always interesting to see what
prominent figures in the crypto world are up
to. Speaking of holding onto Bitcoin, the Bitcoin
long -term holder supply has just hit a record
-breaking 75 % of the circulating supply. This
shows that Bitcoin hodlers are more confident
than ever in the future of Bitcoin. With such
strong conviction, it's clear that many believe
in the potential of Bitcoin as a long -term investment.
And in an interesting interview, Cathy Wood the
CEO of ARK Invest, mentioned that if the SEC
approves one Bitcoin ETF, she expects them to
approve more than one at once. According to her,
most of these applications are essentially the
same. This could be a game changer for the crypto
industry. Moving on to some news from the UK,
it seems that Bank First Direct is imposing limits
on the amount customers can send to crypto exchanges.
The limit is set at £2 ,500 for a single transaction
and £10 ,000 over a 30 -day period. This highlights
the advantages of using Bitcoin as it allows
for unrestricted transactions. Let's take a moment
to appreciate this cool setup. A homemade Bitcoin
node running on Umbral OS with a Raspberry Pi
400 and a custom mechanical keyboard on top.
It looks really impressive and shows the creativity
of the Bitcoin community. Innovation like this
is what makes the crypto world so exciting. Now
let's delve into some interesting stories. Love
can be complicated. especially when it involves
cryptocurrencies. A Minnesota man fell victim
to a crypto romance scam and ended up losing
over $9 million. Instead of gaining wealth overnight,
he experienced a devastating loss. It's a reminder
to be cautious and do proper research before
getting involved in any investment. On a more
positive note, Block's BTC revenue rose by over
30 % in Q2. The increase was driven by selling
more Bitcoin to customers, leading to higher
revenue and gross profits. It's always great
to see businesses thriving in the crypto space.
In a recent report, it was revealed that Bitcoin
has massively outperformed crypto hedge funds
in 2023. These funds have faced numerous challenges
and have struggled to keep up with the performance
of Bitcoin. It just goes to show the power of
holding onto Bitcoin as a long -term investment.
Now, let's talk about Elon Musk's favorite crypto.
While he confirmed that there won't be an Xcoin,
it's highly likely that cryptocurrencies will
play a role in the platform he's building. Elon
Musk's influence on the crypto world is undeniable,
and many are eagerly waiting to see what he has
in store. In market news, XRP has been facing
some challenges, with its price crashing towards
60 cents. Bitcoin, too, is struggling to stay
above $29 ,000. It's a tough day for the overall
market. But as we know, the cryptocurrency market
can go through ups and downs. and it's important
to keep a long -term perspective. Finally, let's
talk about a bet made by Adam Back, the CEO of
Blockstream. He has wagered one million satoshi
that the price of Bitcoin will reach $100 ,000
before the 2024 Bitcoin halving. It's always
interesting to see prominent figures in the crypto
space making predictions and putting their money
where their mouth is. That's it for today's crypto
news roundup. Stay tuned for more updates on
the world of Bitcoin and cryptocurrencies. Remember,
the crypto market is always evolving, so it's
essential to stay informed and make wise investment
decisions. Bitcoin early adopter and cryptographer
Adam Back recently made a bold prediction regarding
BTC prices for the upcoming year. In a statement,
he expressed his belief that Bitcoin will experience
significant growth and value appreciation. While
Bach's prediction is speculative, it adds to
the ongoing discussion surrounding the future
of Bitcoin and its potential as a digital asset.
Moving on, there have been recent rumors circulating
about Huobi's insolvency, but Justin Sun, the
founder of Tron, has explicitly rejected them.
Sun expressed his confidence in both Tron and
Huobi, stating that they will thrive through
continuous development. This shows Sun's unwavering
support for these platforms and his belief that
they will overcome any challenges they face.
Despite some ups and downs in Bitcoin's performance
in 2022, the percentage of BTC supply that has
remained untouched for the past five years has
been progressively increasing. This indicates
that more people are holding on to their BTC
for the long term, suggesting a growing confidence
in its value and potential. This trend is worth
monitoring as it may provide insight into the
sentiments and behaviors of Bitcoin holders.
Ripple, specifically its native token XRP, is
currently undergoing a significant correction
phase after encountering resistance at the $0
.80 mark. This resistance led to a substantial
rejection, but there is hope for a potential
halt in the downtrend in the short term. The
price is approaching a strong support region,
which may provide a foundation for a rebound.
Bitcoin's price has been relatively stagnant
in recent weeks, struggling to surpass the $1
.30k resistance level. The current phase appears
to be corrective, marked by minor rejections.
However, there is significant support found at
the 100 -day moving average indicating that Bitcoin's
price may find stability at this level. Traders
and investors are closely following these price
levels and indicators to make informed decisions.
The Securities and Exchange Commission, SEC,
has classified several tokens as securities,
including BNB, SOL, ADA, and others. CoinGecko
has introduced a new section on its platform
where users can track the price performance of
these tokens. This development is essential for
those interested in understanding the regulatory
landscape surrounding cryptocurrencies and the
potential impact on specific tokens. PayPal has
recently launched USD Stablecoin, PYUSD, for
crypto and Web3 related activities. While currently
limited to in -game payments and exchanges with
other crypto assets, this move represents a further
integration of stablecoins into mainstream financial
services. It demonstrates PayPal's recognition
of the growing importance of stablecoins in facilitating
efficient and stable transactions. In a surprising
turn of events, Kenyan police raided a Worldcoin
warehouse in Nairobi. The data commissioner,
Immaculate Kasait, revealed that the parent company
of Worldcoin, Tools for Humanity, did not disclose
its true intentions during registration. This
incident highlights the importance of transparency
and accountability in the cryptocurrency industry.
This week, several major tokens, including DAO,
GMT, ICP, BMEX, APT, and SAND, will have unlocks
scheduled. Token unlocks can lead to increased
liquidity in the market and potentially impact
the price and trading dynamics of these tokens.
Investors and traders should stay informed about
these scheduled events to make informed decisions.
In an intriguing story, a 71 -year -old Israeli
lady who made a substantial return on her BTC
investment dismissed a lawsuit against a local
bank. The reasons for dropping the lawsuit were
not disclosed, but it signifies that the legal
dispute became irrelevant for various reasons.
This case highlights both the potential profitability
of BTC investments and the legal complexities
that can arise in the cryptocurrency space. Privacy
advocates have raised concerns over MakerDAO's
Spark protocol, which restricts the use of virtual
private networks, VPNs. This stance has faced
criticism from the decentralized finance, DeFi,
community, as VPNs are important tools for protecting
users' privacy and security. This debate reflects
the ongoing dialogue around privacy and its balance
with regulatory compliance in the crypto industry.
Cardano's ecosystem has experienced impressive
growth with a 49 % quarter -over -quarter increase
in decentralized application, DAP transactions,
and a 10 % rise in total value locked, TVL. Despite
ADA's relatively stagnant price movement, the
Cardano ecosystem has shown resilience and expansion.
This growth suggests a growing interest in Cardano's
capabilities as a blockchain platform. After
14 weeks of continuous outflows, short Bitcoin
positions have finally halted. This development
indicates a potential shift in sentiment among
traders and investors. Additionally, Solana has
seen the highest inflows among altcoins, experiencing
its most bullish week in 16 months. These trends
may signal changing market dynamics and provide
insights into market participants' actions. Curve
Finance, a decentralized exchange, has made significant
progress in recovering from a recent hack that
resulted in the loss of over $70 million. As
promised, Curve has extended a 10 % bounty for
the remaining funds to the public. This incentivizes
individuals to assist in identifying and recovering
the stolen funds, showcasing a community -driven
approach to address security breaches in the
cryptocurrency space. Bitcoin's price chart has
formed a rare bullish golden cross pattern over
the 200 -day window. This pattern has historically
preceded bull runs and new all -time highs for
Bitcoin. While it's important to consider that
historical patterns are not indicative of future
performance, this development has generated optimism
among some traders and investors. On the other
hand, PepeCoin has seen a 5 % daily plunge, contributing
to a sense of uncertainty in the market. Bitcoin's
price has defended the $1 .29k support level
thus far, but the absence of PepeBulls raises
questions regarding market sentiment. These fluctuations
emphasize the volatility and unpredictability
inherent in the cryptocurrency market. Overall,
the cryptocurrency landscape continues to evolve
and captivate the attention of traders, investors,
and enthusiasts. From bold price predictions
to regulatory classifications, market developments,
and legal disputes, the crypto space remains
a dynamic and exciting environment. As always,
it is essential to stay informed. exercise caution,
and adapt to the ever -changing nature of this
industry. So recently, Grayscale had some interesting
insights to share about the US presidential elections
and Bitcoin's price. According to the Digital
Assets Hedge Fund, there seems to be a correlation
between the Bitcoin market cycle and the US election
cycle. In other news, CoinShares has revealed
that investors have stopped shorting Bitcoin
for the first time in three months. Their latest
report shows that there has been a significant
sell -off in the crypto market, marking the biggest
weekly sell -off since March of this year. Moving
on to blockchain games, Twitch streamer Alia
Straza had some thoughts to share. She initially
wrote off many early blockchain games as cash
grabs, but as time went on, Her perspective changed
and she now sees blockchain games improving significantly.
There's also some exciting news from Reddit.
Users on the platform are being rewarded with
tokens based on their engagement. This has resulted
in the soaring popularity of Reddit moons and
bricks tokens. In a surprising development, AI
can apparently tell what you type by listening
to your keystrokes. So, forget about worrying
about surreptitious keyloggers. Your keyboard
itself might be giving away what you're writing
just through the sounds it makes. Now let's talk
about PayPal and stablecoins. The announcement
of PayPal's PYUSD stablecoin has led to a wave
of imposter tokens on Uniswap, taking advantage
of the hype. It's always important to be cautious
and find the real deal. If you're a fan of Neopets,
you might be interested to know that the CEO
of World of Neopia, Dominic Law, believes that
Neopets fans care less about crypto. Despite
raising $4 million earlier this year, Law states
that the game studio has limited resources. PayPal's
stable coin has been stirring up quite the conversation
in the industry. Reactions range from BlackRock
level excitement to deeming it a nothing burger.
But no matter what, PayPal has definitely got
people talking about stable coins and their potential
impact. Shifting gears, Neuralink, the brain
hacking firm backed by Elon Musk, has recently
raised a whopping $280 million for its brain
computer interface development. It seems like
there's a lot of interest and support for this
cutting -edge technology. Meanwhile, the Central
Bank of Brazil has revealed the name of its controversial
central bank digital currency, CBDC, called Drex.
Though only a few financial institutions can
handle it at the moment, the implementation of
Drex is expected to enhance banking accessibility
for Brazilians. OpenAI is making moves in the
AI world as well. They're preparing to unleash
a web crawler that will devour more of the open
web for AI training. If you're concerned about
your online content being used, remember to opt
out. In the realm of literature, there seems
to be a new challenge. Journalist Jane Friedman
has raised concerns over books being listed on
Amazon under her name, but allegedly written
with AI. This raises questions about author verification
and the authenticity of these works. On a more
creative note, Super Chief Gallery is aiming
to connect a global network of 50 physical NFT
galleries. The founder has a vision to bring
borderless art to life, and they're starting
with iHam Gallery in Paris. Lastly, despite supposedly
low traction in the United States, Circle's CEO
is not slowing down. They are actively lobbying
in Washington and pushing for greater adoption
of USDC, their stablecoin. That wraps up our
news roundup for today. Stay tuned for more exciting
updates in the world of technology and finance
Bitcoin lightning network and value for Value
are revolutionizing the podcasting industry bringing
about a paradigm shift that is reshaping the
way we perceive and engage with this audio medium
in This article we will unravel the mystery of
Nostra's apps and dive deep into the world of
value for value podcasts. So Let's get started.
Podcasting has come a long way since its humble
beginnings. It has grown into a powerful platform
for sharing ideas, stories, and knowledge with
a global audience. However, the traditional model
of podcast sponsorship has faced its fair share
of challenges and limitations. Enter Nosterzaps,
a term that has gained popularity in recent times.
But what are Nosterzaps exactly? Well, imagine
a form of podcast sponsorship that goes beyond
traditional advertising. Instead of relying on
third -party advertisers, Noster's apps are powered
by the Lightning Network, a second -layer protocol
built on top of the Bitcoin blockchain. With
Noster's apps, podcasters can receive direct
contributions from their listeners using Bitcoin
and Lightning Network. This new model allows
podcasters to monetize their content in a more
direct and transparent way. Listeners, on the
other hand, have the freedom to support the podcasts
they love and believe in. The Lightning Network
in simple terms enables faster and cheaper transactions
on the Bitcoin blockchain. It allows for micro
payments, tiny fractions of a Bitcoin, to be
sent instantly and with minimal fees. This technology
has opened up a world of possibilities for podcasters
and their audiences. But what sets Nostra's apps
apart from other forms of sponsorship? Well,
under the NostraZaps model, podcasters have the
opportunity to receive value in return for the
value they provide to their listeners. It's a
reciprocal relationship where both parties are
equally invested in the success of the podcast.
Value for value podcasts embrace the idea that
good content deserves to be supported. listeners
have the option to contribute Bitcoin or Lightning
Network payments to their favorite podcasters
as a way to show their appreciation. This creates
a direct connection between creators and their
audience, fostering a sense of community and
loyalty. The traditional advertising model often
relies on interrupting the listener's experience
with ads that may or may not be relevant to them.
With Nostra's apps and value for value podcasts,
the focus shifts from ads to creating valuable
content that resonates with the listeners. It's
all about building a genuine relationship based
on mutual respect and support. So how does it
work in practice? Let's say you're listening
to a fascinating podcast episode that has provided
you with insights and inspiration. Instead of
simply moving on, you have the option to send
a Lightning Network payment or contribute Bitcoin
to the podcaster using a Nostra's app. This direct
contribution allows you to express your gratitude
and support for the content you've enjoyed. It's
a way of saying, hey, I value what you've created
and I want to see more of it. Furthermore, Noster's
apps provide an opportunity for listeners to
actively participate in shaping the future of
their favorite podcasts. From the podcaster's
perspective, Noster's apps offer a more sustainable
and independent way of monetizing their content.
Instead of relying solely on advertising revenue,
which can fluctuate and come with its own set
of challenges, podcasters can establish a direct
relationship with their audience through value
-based contributions. This shift towards a more
decentralized model not only empowers podcasters,
but it also encourages creativity and innovation
in the podcasting space. With the support of
their listeners, podcasters can explore new topics,
experiment with different formats, and take risks
that might not have been possible before. Nostra's
apps and value for value podcasts are still in
the early stages, but their potential is immense.
As more podcasters and listeners adopt this new
model, we can expect to see a thriving ecosystem
of quality content and engaged communities. So
the next time you listen to a podcast that captivates
your attention, consider showing your support
through a Nostr's app. By contributing directly
to the creator, you become a part of their success
story and help shape the future of podcasting.
In conclusion, Nostr's apps and value for value
podcasts are revolutionizing the way we support
and engage with podcasters. By leveraging the
power of Bitcoin and the Lightning Network, this
new model offers a more direct and meaningful
connection between creators and listeners. So
let's embrace this paradigm shift and unlock
the full potential of podcasting together. Nostr's
apps. Deciphering the Enigmatic Phenomenon Reshaping
Podcasting Landscape Nostra's apps have taken
the podcasting industry by storm, leaving many
perplexed yet intrigued. It's a new approach
to sponsorships that has captured the attention
of both podcasters and listeners. Unlike traditional
sponsorships where advertisers pay podcasters
to promote their products or services, Nostra's
apps work differently. Listeners voluntarily
contribute directly to the podcasters, acknowledging
the value they receive and supporting their favorite
shows. So why are Nostr's apps causing such a
buzz? Well, they empower podcasters to maintain
their creative independence while fostering a
deeper connection with their audience. No longer
reliant on the whims of advertisers, podcasters
are free to deliver authentic content and pursue
their passions. This creates a win -win situation,
as listeners feel a sense of ownership over the
shows they support. They know that their contributions
directly contribute to the podcast's longevity
and growth. But let's take a closer look at this
innovative sponsorship model. It's called Value
for Value V4V Podcasting, and it's a paradigm
shift that places the value exchange between
podcasters and listeners at the forefront. In
this model, listeners are encouraged to determine
the value they receive from a podcast and contribute
accordingly. It's all about fairness and recognizing
the dedication and talent of the content creators.
How do listeners contribute? Well, it's not just
about financial support. Engagement and support
in various forms are also encouraged. Leaving
a positive review, sharing episodes with friends,
or actively discussing the content on social
media are all valuable contributions. By actively
participating, listeners become an integral part
of the success of the podcast. It's like being
part of a community that nurtures and supports
the show. Now let's unravel the puzzle of Nostra's
apps. While it may seem like a simple monetary
contribution, there's more to it than meets the
eye. Nostra's apps go beyond just money. They
are a tangible expression of appreciation and
support from listeners. It's a way of saying,
hey, I love what you're doing and I want to show
my support. It's a testament to the meaningful
impact podcasts have on listeners' lives. Nostra's
apps are not just transactions. They represent
an emotional connection and appreciation for
the creators and the community they have built.
It's recognizing that the content and experiences
delivered through these shows hold significant
value. And that value goes beyond just the podcast
itself. It extends to the relationships and sense
of belonging that are fostered within the podcasting
community. In conclusion, Nostr's apps and value
for value podcasting have revolutionized the
traditional sponsorship model in podcasting.
By prioritizing the direct connection between
podcasters and listeners, they have empowered
podcasters to create content true to their vision.
At the same time, listeners are given the opportunity
to actively engage, support, and contribute to
the podcasts they cherish. As the podcasting
landscape continues to evolve, Nosterzaps and
V4V podcasts pave the way for a more collaborative
and equitable future. It's a future where podcasters
can truly be themselves, and listeners can be
active participants in the shows they love. So
whether you're a podcaster or a listener, embrace
the power of Nosterzaps and V4V podcasting. Together
we can shape the future of podcasting. And remember,
you can support us on fountain .com, Nostradil,
Spotify, Amazon Music, RSS .com, Pandora, Samsung
Podcasts, Apple iTunes, iHeart Radio, and many
more platforms. Just add a like, share, or subscribe
to the Bitcoin Street Journal. We appreciate
your support. Happy listening. Thanks for tuning
into today's episode where we covered a range
of topics including the latest news from the
Bitcoin Street Journal, SEC's decision on ARK's
Bitcoin ETF, Bitcoin hodlers reaching a record
high, and Adam Bach's predictions for Tron and
Huobi. We also discussed the impact of grayscale
on Bitcoin's price, the rise of imposter tokens
on Ethereum, and the transformation of podcast
sponsorship through Nostra's apps and Value for
Value. I'll see you guys at the next one and
don't forget to subscribe.