WEBVTT 00:00:14.940 --> 00:00:17.679 Welcome to the Bitcoin Street Journal, Bitcoin 00:00:17.679 --> 00:00:20.519 Market Update Podcast, your daily source for 00:00:20.519 --> 00:00:23.100 live updates on the Bitcoin market. Join us as 00:00:23.100 --> 00:00:25.399 we delve into current Bitcoin technical analysis, 00:00:25.980 --> 00:00:29.679 track Bitcoin BTC prices, explore market capitalization 00:00:29.679 --> 00:00:32.759 trends, and analyze market supply. Stay ahead 00:00:32.759 --> 00:00:34.539 of the curve with our comprehensive coverage 00:00:34.539 --> 00:00:37.539 of the ever -evolving world of Bitcoin. In today's 00:00:37.539 --> 00:00:39.719 episode, we'll cover the Bitcoin Street Journal's 00:00:39.719 --> 00:00:42.899 ad -free news platform, SEC's decision on ARK's 00:00:42.899 --> 00:00:46.909 Bitcoin ETF. Bitcoin hodlers at a record 75%. 00:00:46.909 --> 00:00:50.070 Cathie Wood's expectations for multiple ETF approvals. 00:00:50.350 --> 00:00:53.409 UK bank's crypto transfer limits. A crypto scam 00:00:53.409 --> 00:00:57.229 resulting in a $9 .2 million loss. Block's BTC 00:00:57.229 --> 00:00:59.789 revenue increase. Underperformance of crypto 00:00:59.789 --> 00:01:02.590 hedge funds. Elon Musk's potential involvement 00:01:02.590 --> 00:01:06.269 with cryptocurrencies. XRP's price crash. Adam 00:01:06.269 --> 00:01:08.849 Back's prediction for Tron and Huobi. Bitcoin 00:01:08.849 --> 00:01:11.629 price consolidation. Grayscale's alignment of 00:01:11.629 --> 00:01:14.549 Bitcoin's price with US elections. CoinShares 00:01:14.549 --> 00:01:17.370 halt in shorting Bitcoin, advancements in blockchain 00:01:17.370 --> 00:01:20.829 games and Reddit tokens, AI's capability to determine 00:01:20.829 --> 00:01:23.629 typed content, the influx of imposter tokens 00:01:23.629 --> 00:01:26.390 on Ethereum, declining interest in crypto among 00:01:26.390 --> 00:01:30.230 Neopets fans, Neuralink's funding, Brazil's CBDC 00:01:30.230 --> 00:01:33.670 named Drex, OpenAI's web crawler for AI training, 00:01:34.230 --> 00:01:37.209 AI written books on Amazon, Super Chief Gallery's 00:01:37.209 --> 00:01:40.090 mission to connect NFT galleries, and the transformation 00:01:40.090 --> 00:01:42.780 of podcast sponsorship with Nostr's apps. and 00:01:42.780 --> 00:01:48.680 value for value podcasting. So let's take a moment 00:01:48.680 --> 00:01:51.299 to talk about the Bitcoin Street Journal dot 00:01:51.299 --> 00:01:53.659 com. What sets it apart from other news sites 00:01:53.659 --> 00:01:56.719 out there? Well, the answer is simple. It has 00:01:56.719 --> 00:02:00.219 zero ads. That's right. When you visit the Bitcoin 00:02:00.219 --> 00:02:02.739 Street Journal dot com, you won't see any ads 00:02:02.739 --> 00:02:05.219 popping up, distracting you from the news you 00:02:05.219 --> 00:02:07.939 came for. The reason behind this unique approach 00:02:07.939 --> 00:02:10.620 is quite interesting. The managing editor and 00:02:10.620 --> 00:02:13.900 CEO of the BitcoinStreetJournal .com was fed 00:02:13.900 --> 00:02:16.120 up with ads while trying to read about his favorite 00:02:16.120 --> 00:02:18.379 peer -to -peer open source network protocol. 00:02:18.840 --> 00:02:21.439 So, he decided to create a platform where people 00:02:21.439 --> 00:02:24.379 like him could read and comprehend relevant Bitcoin 00:02:24.379 --> 00:02:27.800 information without any interference. One notable 00:02:27.800 --> 00:02:30.879 aspect of the BitcoinStreetJournal .com is its 00:02:30.879 --> 00:02:34.139 comprehensive market capitalization index. Unlike 00:02:34.139 --> 00:02:36.599 other platforms like CoinMarketCap, you won't 00:02:36.599 --> 00:02:39.680 find any ads cluttering the page on the BitcoinStreetJournal 00:02:39.680 --> 00:02:42.840 .com. The team behind it is constantly working 00:02:42.840 --> 00:02:45.219 on improving and evolving its free services for 00:02:45.219 --> 00:02:47.520 the Bitcoin community. And here's the best part. 00:02:47.979 --> 00:02:50.819 The BitcoinStreetJournal .com will never have 00:02:50.819 --> 00:02:53.759 advertisers as long as the Bitcoin CEO is in 00:02:53.759 --> 00:02:56.400 charge. They are committed to providing ad -free 00:02:56.400 --> 00:02:58.879 content and maintaining the integrity of their 00:02:58.879 --> 00:03:01.539 platform. Now let's move on to some exciting 00:03:01.539 --> 00:03:04.020 news that just came in. It seems that Bitcoin 00:03:04.020 --> 00:03:06.740 held by long -term holders has hit a new all 00:03:06.740 --> 00:03:09.080 -time high. This is certainly something worth 00:03:09.080 --> 00:03:11.319 celebrating for all the Bitcoin enthusiasts out 00:03:11.319 --> 00:03:13.979 there. It's a testament to the growing interest 00:03:13.979 --> 00:03:16.439 and confidence in the world's leading cryptocurrency. 00:03:17.520 --> 00:03:19.740 The daily diary of the Bitcoin dream is not just 00:03:19.740 --> 00:03:23.020 a fantasy. It's a reality that is unfolding before 00:03:23.020 --> 00:03:25.979 our eyes. People from all walks of life are embracing 00:03:25.979 --> 00:03:28.580 Bitcoin and its potential to revolutionize various 00:03:28.580 --> 00:03:32.120 industries. From finance to technology, this 00:03:32.120 --> 00:03:34.680 digital currency is making its mark. And the 00:03:34.680 --> 00:03:37.400 BitcoinStreetJournal .com is here to bring you 00:03:37.400 --> 00:03:40.000 all the latest updates and insights. Whether 00:03:40.000 --> 00:03:42.800 you are a long -term holder or a newcomer to 00:03:42.800 --> 00:03:46.180 the world of Bitcoin, staying informed is crucial. 00:03:47.300 --> 00:03:50.039 The BitcoinStreetJournal .com understands this 00:03:50.039 --> 00:03:52.900 and aims to provide a reliable source of information 00:03:52.900 --> 00:03:55.340 that you can trust. With their commitment to 00:03:55.340 --> 00:03:57.680 an ad -free experience, you can focus on what 00:03:57.680 --> 00:04:00.300 really matters. understanding the world of Bitcoin 00:04:00.300 --> 00:04:03.680 and its impact on our lives. So, if you're tired 00:04:03.680 --> 00:04:06.340 of ads and want to explore the latest news and 00:04:06.340 --> 00:04:09.000 developments in the world of Bitcoin, look no 00:04:09.000 --> 00:04:12.360 further than the BitcoinStreetJournal .com. It's 00:04:12.360 --> 00:04:14.599 a platform built with the community in mind, 00:04:14.919 --> 00:04:16.980 offering a distraction -free environment for 00:04:16.980 --> 00:04:19.980 you to delve into the world of Bitcoin. Remember, 00:04:20.060 --> 00:04:23.100 the future is now and the Bitcoin Street Journal. 00:04:24.199 --> 00:04:33.819 .com is here to guide you through it. So there's 00:04:33.819 --> 00:04:36.579 some exciting news in the world of Bitcoin. The 00:04:36.579 --> 00:04:39.980 Securities and Exchange Commission, SEC, is set 00:04:39.980 --> 00:04:42.319 to make a decision on ARK's application for a 00:04:42.319 --> 00:04:46.160 Bitcoin ETF by August 13th. This could have a 00:04:46.160 --> 00:04:48.920 big impact on the future of Bitcoin and its adoption. 00:04:49.579 --> 00:04:51.720 I'm sure many of you are eagerly waiting to see 00:04:51.720 --> 00:04:55.029 what the SEC decides. In other news, Bitcoin 00:04:55.029 --> 00:04:57.310 is setting a new record by reaching an all -time 00:04:57.310 --> 00:04:59.970 low in volatility. This is great news for those 00:04:59.970 --> 00:05:02.110 who believe in the long -term potential of Bitcoin. 00:05:02.670 --> 00:05:05.410 As we like to say in the Bitcoin community, HODL. 00:05:05.790 --> 00:05:08.790 Hold on for dear life. Did you catch the news 00:05:08.790 --> 00:05:11.569 about Do Kwon, the co -founder of Terraform Labs? 00:05:12.170 --> 00:05:14.089 It seems his address was linked to a movement 00:05:14.089 --> 00:05:18.680 of 5 ,292 Bitcoin last week. That's quite a significant 00:05:18.680 --> 00:05:21.100 transaction. It's always interesting to see what 00:05:21.100 --> 00:05:23.040 prominent figures in the crypto world are up 00:05:23.040 --> 00:05:25.779 to. Speaking of holding onto Bitcoin, the Bitcoin 00:05:25.779 --> 00:05:28.060 long -term holder supply has just hit a record 00:05:28.060 --> 00:05:31.920 -breaking 75 % of the circulating supply. This 00:05:31.920 --> 00:05:34.480 shows that Bitcoin hodlers are more confident 00:05:34.480 --> 00:05:37.360 than ever in the future of Bitcoin. With such 00:05:37.360 --> 00:05:39.959 strong conviction, it's clear that many believe 00:05:39.959 --> 00:05:42.899 in the potential of Bitcoin as a long -term investment. 00:05:43.379 --> 00:05:46.329 And in an interesting interview, Cathy Wood the 00:05:46.329 --> 00:05:49.529 CEO of ARK Invest, mentioned that if the SEC 00:05:49.529 --> 00:05:52.569 approves one Bitcoin ETF, she expects them to 00:05:52.569 --> 00:05:55.230 approve more than one at once. According to her, 00:05:55.550 --> 00:05:57.410 most of these applications are essentially the 00:05:57.410 --> 00:05:59.730 same. This could be a game changer for the crypto 00:05:59.730 --> 00:06:02.290 industry. Moving on to some news from the UK, 00:06:02.509 --> 00:06:04.930 it seems that Bank First Direct is imposing limits 00:06:04.930 --> 00:06:07.470 on the amount customers can send to crypto exchanges. 00:06:08.089 --> 00:06:12.170 The limit is set at £2 ,500 for a single transaction 00:06:12.170 --> 00:06:16.120 and £10 ,000 over a 30 -day period. This highlights 00:06:16.120 --> 00:06:18.879 the advantages of using Bitcoin as it allows 00:06:18.879 --> 00:06:22.000 for unrestricted transactions. Let's take a moment 00:06:22.000 --> 00:06:24.860 to appreciate this cool setup. A homemade Bitcoin 00:06:24.860 --> 00:06:28.040 node running on Umbral OS with a Raspberry Pi 00:06:28.040 --> 00:06:30.680 400 and a custom mechanical keyboard on top. 00:06:31.180 --> 00:06:33.439 It looks really impressive and shows the creativity 00:06:33.439 --> 00:06:36.339 of the Bitcoin community. Innovation like this 00:06:36.339 --> 00:06:39.040 is what makes the crypto world so exciting. Now 00:06:39.040 --> 00:06:41.779 let's delve into some interesting stories. Love 00:06:41.779 --> 00:06:44.139 can be complicated. especially when it involves 00:06:44.139 --> 00:06:46.980 cryptocurrencies. A Minnesota man fell victim 00:06:46.980 --> 00:06:49.259 to a crypto romance scam and ended up losing 00:06:49.259 --> 00:06:52.360 over $9 million. Instead of gaining wealth overnight, 00:06:52.819 --> 00:06:55.699 he experienced a devastating loss. It's a reminder 00:06:55.699 --> 00:06:58.240 to be cautious and do proper research before 00:06:58.240 --> 00:07:00.560 getting involved in any investment. On a more 00:07:00.560 --> 00:07:03.360 positive note, Block's BTC revenue rose by over 00:07:03.360 --> 00:07:06.930 30 % in Q2. The increase was driven by selling 00:07:06.930 --> 00:07:08.990 more Bitcoin to customers, leading to higher 00:07:08.990 --> 00:07:11.629 revenue and gross profits. It's always great 00:07:11.629 --> 00:07:13.850 to see businesses thriving in the crypto space. 00:07:14.410 --> 00:07:16.529 In a recent report, it was revealed that Bitcoin 00:07:16.529 --> 00:07:19.069 has massively outperformed crypto hedge funds 00:07:19.069 --> 00:07:23.089 in 2023. These funds have faced numerous challenges 00:07:23.089 --> 00:07:24.930 and have struggled to keep up with the performance 00:07:24.930 --> 00:07:27.649 of Bitcoin. It just goes to show the power of 00:07:27.649 --> 00:07:29.769 holding onto Bitcoin as a long -term investment. 00:07:30.350 --> 00:07:33.110 Now, let's talk about Elon Musk's favorite crypto. 00:07:33.399 --> 00:07:35.839 While he confirmed that there won't be an Xcoin, 00:07:36.360 --> 00:07:38.379 it's highly likely that cryptocurrencies will 00:07:38.379 --> 00:07:41.079 play a role in the platform he's building. Elon 00:07:41.079 --> 00:07:43.500 Musk's influence on the crypto world is undeniable, 00:07:43.899 --> 00:07:46.100 and many are eagerly waiting to see what he has 00:07:46.100 --> 00:07:49.100 in store. In market news, XRP has been facing 00:07:49.100 --> 00:07:51.519 some challenges, with its price crashing towards 00:07:51.519 --> 00:07:54.720 60 cents. Bitcoin, too, is struggling to stay 00:07:54.720 --> 00:07:57.939 above $29 ,000. It's a tough day for the overall 00:07:57.939 --> 00:08:00.800 market. But as we know, the cryptocurrency market 00:08:00.800 --> 00:08:03.370 can go through ups and downs. and it's important 00:08:03.370 --> 00:08:06.110 to keep a long -term perspective. Finally, let's 00:08:06.110 --> 00:08:08.810 talk about a bet made by Adam Back, the CEO of 00:08:08.810 --> 00:08:11.970 Blockstream. He has wagered one million satoshi 00:08:11.970 --> 00:08:15.449 that the price of Bitcoin will reach $100 ,000 00:08:15.449 --> 00:08:18.730 before the 2024 Bitcoin halving. It's always 00:08:18.730 --> 00:08:20.949 interesting to see prominent figures in the crypto 00:08:20.949 --> 00:08:23.930 space making predictions and putting their money 00:08:23.930 --> 00:08:26.889 where their mouth is. That's it for today's crypto 00:08:26.889 --> 00:08:29.769 news roundup. Stay tuned for more updates on 00:08:29.769 --> 00:08:33.009 the world of Bitcoin and cryptocurrencies. Remember, 00:08:33.169 --> 00:08:35.750 the crypto market is always evolving, so it's 00:08:35.750 --> 00:08:38.230 essential to stay informed and make wise investment 00:08:38.230 --> 00:08:44.389 decisions. Bitcoin early adopter and cryptographer 00:08:44.389 --> 00:08:47.549 Adam Back recently made a bold prediction regarding 00:08:47.549 --> 00:08:50.809 BTC prices for the upcoming year. In a statement, 00:08:51.230 --> 00:08:53.529 he expressed his belief that Bitcoin will experience 00:08:53.529 --> 00:08:56.919 significant growth and value appreciation. While 00:08:56.919 --> 00:08:59.399 Bach's prediction is speculative, it adds to 00:08:59.399 --> 00:09:01.379 the ongoing discussion surrounding the future 00:09:01.379 --> 00:09:04.440 of Bitcoin and its potential as a digital asset. 00:09:05.080 --> 00:09:07.379 Moving on, there have been recent rumors circulating 00:09:07.379 --> 00:09:10.700 about Huobi's insolvency, but Justin Sun, the 00:09:10.700 --> 00:09:13.360 founder of Tron, has explicitly rejected them. 00:09:13.899 --> 00:09:16.039 Sun expressed his confidence in both Tron and 00:09:16.039 --> 00:09:18.600 Huobi, stating that they will thrive through 00:09:18.600 --> 00:09:21.799 continuous development. This shows Sun's unwavering 00:09:21.799 --> 00:09:24.379 support for these platforms and his belief that 00:09:24.379 --> 00:09:26.720 they will overcome any challenges they face. 00:09:27.519 --> 00:09:29.659 Despite some ups and downs in Bitcoin's performance 00:09:29.659 --> 00:09:33.179 in 2022, the percentage of BTC supply that has 00:09:33.179 --> 00:09:35.860 remained untouched for the past five years has 00:09:35.860 --> 00:09:38.580 been progressively increasing. This indicates 00:09:38.580 --> 00:09:41.039 that more people are holding on to their BTC 00:09:41.039 --> 00:09:43.940 for the long term, suggesting a growing confidence 00:09:43.940 --> 00:09:46.789 in its value and potential. This trend is worth 00:09:46.789 --> 00:09:49.169 monitoring as it may provide insight into the 00:09:49.169 --> 00:09:51.309 sentiments and behaviors of Bitcoin holders. 00:09:52.389 --> 00:09:56.110 Ripple, specifically its native token XRP, is 00:09:56.110 --> 00:09:58.269 currently undergoing a significant correction 00:09:58.269 --> 00:10:01.210 phase after encountering resistance at the $0 00:10:01.210 --> 00:10:03.970 .80 mark. This resistance led to a substantial 00:10:03.970 --> 00:10:06.509 rejection, but there is hope for a potential 00:10:06.509 --> 00:10:09.110 halt in the downtrend in the short term. The 00:10:09.110 --> 00:10:11.029 price is approaching a strong support region, 00:10:11.429 --> 00:10:13.610 which may provide a foundation for a rebound. 00:10:13.899 --> 00:10:16.360 Bitcoin's price has been relatively stagnant 00:10:16.360 --> 00:10:19.220 in recent weeks, struggling to surpass the $1 00:10:19.220 --> 00:10:22.639 .30k resistance level. The current phase appears 00:10:22.639 --> 00:10:25.600 to be corrective, marked by minor rejections. 00:10:25.980 --> 00:10:28.620 However, there is significant support found at 00:10:28.620 --> 00:10:31.600 the 100 -day moving average indicating that Bitcoin's 00:10:31.600 --> 00:10:34.279 price may find stability at this level. Traders 00:10:34.279 --> 00:10:36.419 and investors are closely following these price 00:10:36.419 --> 00:10:38.820 levels and indicators to make informed decisions. 00:10:39.320 --> 00:10:41.960 The Securities and Exchange Commission, SEC, 00:10:42.539 --> 00:10:44.820 has classified several tokens as securities, 00:10:45.120 --> 00:10:49.759 including BNB, SOL, ADA, and others. CoinGecko 00:10:49.759 --> 00:10:52.000 has introduced a new section on its platform 00:10:52.000 --> 00:10:54.360 where users can track the price performance of 00:10:54.360 --> 00:10:57.279 these tokens. This development is essential for 00:10:57.279 --> 00:10:59.559 those interested in understanding the regulatory 00:10:59.559 --> 00:11:02.159 landscape surrounding cryptocurrencies and the 00:11:02.159 --> 00:11:05.190 potential impact on specific tokens. PayPal has 00:11:05.190 --> 00:11:08.429 recently launched USD Stablecoin, PYUSD, for 00:11:08.429 --> 00:11:11.450 crypto and Web3 related activities. While currently 00:11:11.450 --> 00:11:14.429 limited to in -game payments and exchanges with 00:11:14.429 --> 00:11:17.429 other crypto assets, this move represents a further 00:11:17.429 --> 00:11:20.730 integration of stablecoins into mainstream financial 00:11:20.730 --> 00:11:24.250 services. It demonstrates PayPal's recognition 00:11:24.250 --> 00:11:27.350 of the growing importance of stablecoins in facilitating 00:11:27.350 --> 00:11:30.600 efficient and stable transactions. In a surprising 00:11:30.600 --> 00:11:33.299 turn of events, Kenyan police raided a Worldcoin 00:11:33.299 --> 00:11:35.960 warehouse in Nairobi. The data commissioner, 00:11:36.399 --> 00:11:39.200 Immaculate Kasait, revealed that the parent company 00:11:39.200 --> 00:11:42.779 of Worldcoin, Tools for Humanity, did not disclose 00:11:42.779 --> 00:11:45.860 its true intentions during registration. This 00:11:45.860 --> 00:11:48.279 incident highlights the importance of transparency 00:11:48.279 --> 00:11:50.659 and accountability in the cryptocurrency industry. 00:11:51.360 --> 00:11:54.200 This week, several major tokens, including DAO, 00:11:54.399 --> 00:11:58.639 GMT, ICP, BMEX, APT, and SAND, will have unlocks 00:11:58.639 --> 00:12:01.419 scheduled. Token unlocks can lead to increased 00:12:01.419 --> 00:12:03.639 liquidity in the market and potentially impact 00:12:03.639 --> 00:12:06.059 the price and trading dynamics of these tokens. 00:12:06.840 --> 00:12:08.799 Investors and traders should stay informed about 00:12:08.799 --> 00:12:11.259 these scheduled events to make informed decisions. 00:12:12.039 --> 00:12:14.759 In an intriguing story, a 71 -year -old Israeli 00:12:14.759 --> 00:12:17.240 lady who made a substantial return on her BTC 00:12:17.240 --> 00:12:19.940 investment dismissed a lawsuit against a local 00:12:19.940 --> 00:12:22.480 bank. The reasons for dropping the lawsuit were 00:12:22.480 --> 00:12:25.259 not disclosed, but it signifies that the legal 00:12:25.259 --> 00:12:28.019 dispute became irrelevant for various reasons. 00:12:28.480 --> 00:12:31.019 This case highlights both the potential profitability 00:12:31.019 --> 00:12:33.899 of BTC investments and the legal complexities 00:12:33.899 --> 00:12:37.480 that can arise in the cryptocurrency space. Privacy 00:12:37.480 --> 00:12:39.779 advocates have raised concerns over MakerDAO's 00:12:39.779 --> 00:12:42.480 Spark protocol, which restricts the use of virtual 00:12:42.480 --> 00:12:45.860 private networks, VPNs. This stance has faced 00:12:45.860 --> 00:12:49.200 criticism from the decentralized finance, DeFi, 00:12:49.440 --> 00:12:52.340 community, as VPNs are important tools for protecting 00:12:52.340 --> 00:12:55.320 users' privacy and security. This debate reflects 00:12:55.320 --> 00:12:58.379 the ongoing dialogue around privacy and its balance 00:12:58.379 --> 00:13:01.019 with regulatory compliance in the crypto industry. 00:13:02.200 --> 00:13:04.539 Cardano's ecosystem has experienced impressive 00:13:04.539 --> 00:13:08.019 growth with a 49 % quarter -over -quarter increase 00:13:08.019 --> 00:13:11.100 in decentralized application, DAP transactions, 00:13:11.259 --> 00:13:15.139 and a 10 % rise in total value locked, TVL. Despite 00:13:15.139 --> 00:13:17.799 ADA's relatively stagnant price movement, the 00:13:17.799 --> 00:13:20.740 Cardano ecosystem has shown resilience and expansion. 00:13:21.230 --> 00:13:24.009 This growth suggests a growing interest in Cardano's 00:13:24.009 --> 00:13:27.169 capabilities as a blockchain platform. After 00:13:27.169 --> 00:13:30.289 14 weeks of continuous outflows, short Bitcoin 00:13:30.289 --> 00:13:33.429 positions have finally halted. This development 00:13:33.429 --> 00:13:35.929 indicates a potential shift in sentiment among 00:13:35.929 --> 00:13:39.649 traders and investors. Additionally, Solana has 00:13:39.649 --> 00:13:42.909 seen the highest inflows among altcoins, experiencing 00:13:42.909 --> 00:13:46.309 its most bullish week in 16 months. These trends 00:13:46.309 --> 00:13:48.610 may signal changing market dynamics and provide 00:13:48.610 --> 00:13:51.950 insights into market participants' actions. Curve 00:13:51.950 --> 00:13:55.309 Finance, a decentralized exchange, has made significant 00:13:55.309 --> 00:13:57.909 progress in recovering from a recent hack that 00:13:57.909 --> 00:14:01.750 resulted in the loss of over $70 million. As 00:14:01.750 --> 00:14:04.250 promised, Curve has extended a 10 % bounty for 00:14:04.250 --> 00:14:07.340 the remaining funds to the public. This incentivizes 00:14:07.340 --> 00:14:10.059 individuals to assist in identifying and recovering 00:14:10.059 --> 00:14:13.080 the stolen funds, showcasing a community -driven 00:14:13.080 --> 00:14:15.279 approach to address security breaches in the 00:14:15.279 --> 00:14:18.519 cryptocurrency space. Bitcoin's price chart has 00:14:18.519 --> 00:14:21.259 formed a rare bullish golden cross pattern over 00:14:21.259 --> 00:14:24.220 the 200 -day window. This pattern has historically 00:14:24.220 --> 00:14:26.779 preceded bull runs and new all -time highs for 00:14:26.779 --> 00:14:29.320 Bitcoin. While it's important to consider that 00:14:29.320 --> 00:14:31.600 historical patterns are not indicative of future 00:14:31.600 --> 00:14:34.620 performance, this development has generated optimism 00:14:34.620 --> 00:14:37.460 among some traders and investors. On the other 00:14:37.460 --> 00:14:41.779 hand, PepeCoin has seen a 5 % daily plunge, contributing 00:14:41.779 --> 00:14:44.960 to a sense of uncertainty in the market. Bitcoin's 00:14:44.960 --> 00:14:47.639 price has defended the $1 .29k support level 00:14:47.639 --> 00:14:50.799 thus far, but the absence of PepeBulls raises 00:14:50.799 --> 00:14:54.559 questions regarding market sentiment. These fluctuations 00:14:54.559 --> 00:14:57.860 emphasize the volatility and unpredictability 00:14:57.860 --> 00:15:01.419 inherent in the cryptocurrency market. Overall, 00:15:01.779 --> 00:15:04.340 the cryptocurrency landscape continues to evolve 00:15:04.340 --> 00:15:07.539 and captivate the attention of traders, investors, 00:15:07.820 --> 00:15:10.360 and enthusiasts. From bold price predictions 00:15:10.360 --> 00:15:13.500 to regulatory classifications, market developments, 00:15:13.639 --> 00:15:16.019 and legal disputes, the crypto space remains 00:15:16.019 --> 00:15:19.159 a dynamic and exciting environment. As always, 00:15:19.480 --> 00:15:22.870 it is essential to stay informed. exercise caution, 00:15:23.370 --> 00:15:25.750 and adapt to the ever -changing nature of this 00:15:25.750 --> 00:15:36.330 industry. So recently, Grayscale had some interesting 00:15:36.330 --> 00:15:38.830 insights to share about the US presidential elections 00:15:38.830 --> 00:15:42.169 and Bitcoin's price. According to the Digital 00:15:42.169 --> 00:15:44.990 Assets Hedge Fund, there seems to be a correlation 00:15:44.990 --> 00:15:48.009 between the Bitcoin market cycle and the US election 00:15:48.009 --> 00:15:51.559 cycle. In other news, CoinShares has revealed 00:15:51.559 --> 00:15:53.419 that investors have stopped shorting Bitcoin 00:15:53.419 --> 00:15:56.440 for the first time in three months. Their latest 00:15:56.440 --> 00:15:58.600 report shows that there has been a significant 00:15:58.600 --> 00:16:01.480 sell -off in the crypto market, marking the biggest 00:16:01.480 --> 00:16:05.159 weekly sell -off since March of this year. Moving 00:16:05.159 --> 00:16:07.919 on to blockchain games, Twitch streamer Alia 00:16:07.919 --> 00:16:10.500 Straza had some thoughts to share. She initially 00:16:10.500 --> 00:16:13.179 wrote off many early blockchain games as cash 00:16:13.179 --> 00:16:16.490 grabs, but as time went on, Her perspective changed 00:16:16.490 --> 00:16:19.169 and she now sees blockchain games improving significantly. 00:16:19.769 --> 00:16:21.529 There's also some exciting news from Reddit. 00:16:22.190 --> 00:16:24.529 Users on the platform are being rewarded with 00:16:24.529 --> 00:16:27.549 tokens based on their engagement. This has resulted 00:16:27.549 --> 00:16:30.129 in the soaring popularity of Reddit moons and 00:16:30.129 --> 00:16:33.309 bricks tokens. In a surprising development, AI 00:16:33.309 --> 00:16:36.149 can apparently tell what you type by listening 00:16:36.149 --> 00:16:39.409 to your keystrokes. So, forget about worrying 00:16:39.409 --> 00:16:42.059 about surreptitious keyloggers. Your keyboard 00:16:42.059 --> 00:16:44.039 itself might be giving away what you're writing 00:16:44.039 --> 00:16:46.919 just through the sounds it makes. Now let's talk 00:16:46.919 --> 00:16:49.440 about PayPal and stablecoins. The announcement 00:16:49.440 --> 00:16:52.440 of PayPal's PYUSD stablecoin has led to a wave 00:16:52.440 --> 00:16:55.200 of imposter tokens on Uniswap, taking advantage 00:16:55.200 --> 00:16:57.620 of the hype. It's always important to be cautious 00:16:57.620 --> 00:17:00.539 and find the real deal. If you're a fan of Neopets, 00:17:00.620 --> 00:17:02.580 you might be interested to know that the CEO 00:17:02.580 --> 00:17:05.480 of World of Neopia, Dominic Law, believes that 00:17:05.480 --> 00:17:08.460 Neopets fans care less about crypto. Despite 00:17:08.460 --> 00:17:11.619 raising $4 million earlier this year, Law states 00:17:11.619 --> 00:17:15.519 that the game studio has limited resources. PayPal's 00:17:15.519 --> 00:17:18.079 stable coin has been stirring up quite the conversation 00:17:18.079 --> 00:17:20.900 in the industry. Reactions range from BlackRock 00:17:20.900 --> 00:17:23.160 level excitement to deeming it a nothing burger. 00:17:23.839 --> 00:17:25.900 But no matter what, PayPal has definitely got 00:17:25.900 --> 00:17:28.420 people talking about stable coins and their potential 00:17:28.420 --> 00:17:32.660 impact. Shifting gears, Neuralink, the brain 00:17:32.660 --> 00:17:35.519 hacking firm backed by Elon Musk, has recently 00:17:35.519 --> 00:17:38.799 raised a whopping $280 million for its brain 00:17:38.799 --> 00:17:41.839 computer interface development. It seems like 00:17:41.839 --> 00:17:43.579 there's a lot of interest and support for this 00:17:43.579 --> 00:17:47.279 cutting -edge technology. Meanwhile, the Central 00:17:47.279 --> 00:17:50.140 Bank of Brazil has revealed the name of its controversial 00:17:50.140 --> 00:17:54.259 central bank digital currency, CBDC, called Drex. 00:17:54.880 --> 00:17:57.019 Though only a few financial institutions can 00:17:57.019 --> 00:17:59.519 handle it at the moment, the implementation of 00:17:59.519 --> 00:18:02.099 Drex is expected to enhance banking accessibility 00:18:02.099 --> 00:18:05.380 for Brazilians. OpenAI is making moves in the 00:18:05.380 --> 00:18:07.859 AI world as well. They're preparing to unleash 00:18:07.859 --> 00:18:10.160 a web crawler that will devour more of the open 00:18:10.160 --> 00:18:13.400 web for AI training. If you're concerned about 00:18:13.400 --> 00:18:16.319 your online content being used, remember to opt 00:18:16.319 --> 00:18:19.299 out. In the realm of literature, there seems 00:18:19.299 --> 00:18:22.339 to be a new challenge. Journalist Jane Friedman 00:18:22.339 --> 00:18:24.920 has raised concerns over books being listed on 00:18:24.920 --> 00:18:27.359 Amazon under her name, but allegedly written 00:18:27.359 --> 00:18:30.960 with AI. This raises questions about author verification 00:18:30.960 --> 00:18:34.220 and the authenticity of these works. On a more 00:18:34.220 --> 00:18:36.500 creative note, Super Chief Gallery is aiming 00:18:36.500 --> 00:18:39.299 to connect a global network of 50 physical NFT 00:18:39.299 --> 00:18:41.819 galleries. The founder has a vision to bring 00:18:41.819 --> 00:18:44.039 borderless art to life, and they're starting 00:18:44.039 --> 00:18:48.259 with iHam Gallery in Paris. Lastly, despite supposedly 00:18:48.259 --> 00:18:51.160 low traction in the United States, Circle's CEO 00:18:51.160 --> 00:18:54.299 is not slowing down. They are actively lobbying 00:18:54.299 --> 00:18:56.720 in Washington and pushing for greater adoption 00:18:56.720 --> 00:19:00.349 of USDC, their stablecoin. That wraps up our 00:19:00.349 --> 00:19:02.809 news roundup for today. Stay tuned for more exciting 00:19:02.809 --> 00:19:06.089 updates in the world of technology and finance 00:19:06.089 --> 00:19:12.930 Bitcoin lightning network and value for Value 00:19:12.930 --> 00:19:15.890 are revolutionizing the podcasting industry bringing 00:19:15.890 --> 00:19:18.410 about a paradigm shift that is reshaping the 00:19:18.410 --> 00:19:20.750 way we perceive and engage with this audio medium 00:19:20.750 --> 00:19:24.109 in This article we will unravel the mystery of 00:19:24.109 --> 00:19:26.650 Nostra's apps and dive deep into the world of 00:19:26.650 --> 00:19:30.890 value for value podcasts. So Let's get started. 00:19:32.710 --> 00:19:34.809 Podcasting has come a long way since its humble 00:19:34.809 --> 00:19:37.289 beginnings. It has grown into a powerful platform 00:19:37.289 --> 00:19:39.630 for sharing ideas, stories, and knowledge with 00:19:39.630 --> 00:19:42.630 a global audience. However, the traditional model 00:19:42.630 --> 00:19:44.950 of podcast sponsorship has faced its fair share 00:19:44.950 --> 00:19:47.930 of challenges and limitations. Enter Nosterzaps, 00:19:48.390 --> 00:19:50.769 a term that has gained popularity in recent times. 00:19:51.210 --> 00:19:54.269 But what are Nosterzaps exactly? Well, imagine 00:19:54.269 --> 00:19:56.369 a form of podcast sponsorship that goes beyond 00:19:56.369 --> 00:19:59.000 traditional advertising. Instead of relying on 00:19:59.000 --> 00:20:01.920 third -party advertisers, Noster's apps are powered 00:20:01.920 --> 00:20:04.579 by the Lightning Network, a second -layer protocol 00:20:04.579 --> 00:20:07.720 built on top of the Bitcoin blockchain. With 00:20:07.720 --> 00:20:10.559 Noster's apps, podcasters can receive direct 00:20:10.559 --> 00:20:13.259 contributions from their listeners using Bitcoin 00:20:13.259 --> 00:20:16.079 and Lightning Network. This new model allows 00:20:16.079 --> 00:20:18.900 podcasters to monetize their content in a more 00:20:18.900 --> 00:20:21.980 direct and transparent way. Listeners, on the 00:20:21.980 --> 00:20:24.819 other hand, have the freedom to support the podcasts 00:20:24.819 --> 00:20:27.609 they love and believe in. The Lightning Network 00:20:27.609 --> 00:20:30.869 in simple terms enables faster and cheaper transactions 00:20:30.869 --> 00:20:33.569 on the Bitcoin blockchain. It allows for micro 00:20:33.569 --> 00:20:36.529 payments, tiny fractions of a Bitcoin, to be 00:20:36.529 --> 00:20:40.349 sent instantly and with minimal fees. This technology 00:20:40.349 --> 00:20:43.470 has opened up a world of possibilities for podcasters 00:20:43.470 --> 00:20:46.809 and their audiences. But what sets Nostra's apps 00:20:46.809 --> 00:20:49.529 apart from other forms of sponsorship? Well, 00:20:49.549 --> 00:20:52.589 under the NostraZaps model, podcasters have the 00:20:52.589 --> 00:20:55.690 opportunity to receive value in return for the 00:20:55.690 --> 00:20:58.349 value they provide to their listeners. It's a 00:20:58.349 --> 00:21:01.269 reciprocal relationship where both parties are 00:21:01.269 --> 00:21:03.829 equally invested in the success of the podcast. 00:21:04.950 --> 00:21:08.369 Value for value podcasts embrace the idea that 00:21:08.369 --> 00:21:11.640 good content deserves to be supported. listeners 00:21:11.640 --> 00:21:14.460 have the option to contribute Bitcoin or Lightning 00:21:14.460 --> 00:21:17.240 Network payments to their favorite podcasters 00:21:17.240 --> 00:21:19.829 as a way to show their appreciation. This creates 00:21:19.829 --> 00:21:21.869 a direct connection between creators and their 00:21:21.869 --> 00:21:24.430 audience, fostering a sense of community and 00:21:24.430 --> 00:21:27.569 loyalty. The traditional advertising model often 00:21:27.569 --> 00:21:29.750 relies on interrupting the listener's experience 00:21:29.750 --> 00:21:32.390 with ads that may or may not be relevant to them. 00:21:32.750 --> 00:21:35.109 With Nostra's apps and value for value podcasts, 00:21:35.630 --> 00:21:38.150 the focus shifts from ads to creating valuable 00:21:38.150 --> 00:21:40.849 content that resonates with the listeners. It's 00:21:40.849 --> 00:21:43.509 all about building a genuine relationship based 00:21:43.509 --> 00:21:46.390 on mutual respect and support. So how does it 00:21:46.390 --> 00:21:48.650 work in practice? Let's say you're listening 00:21:48.650 --> 00:21:51.990 to a fascinating podcast episode that has provided 00:21:51.990 --> 00:21:54.450 you with insights and inspiration. Instead of 00:21:54.450 --> 00:21:57.289 simply moving on, you have the option to send 00:21:57.289 --> 00:21:59.950 a Lightning Network payment or contribute Bitcoin 00:21:59.950 --> 00:22:03.369 to the podcaster using a Nostra's app. This direct 00:22:03.369 --> 00:22:05.670 contribution allows you to express your gratitude 00:22:05.670 --> 00:22:08.309 and support for the content you've enjoyed. It's 00:22:08.309 --> 00:22:11.190 a way of saying, hey, I value what you've created 00:22:11.190 --> 00:22:14.309 and I want to see more of it. Furthermore, Noster's 00:22:14.309 --> 00:22:16.569 apps provide an opportunity for listeners to 00:22:16.569 --> 00:22:18.990 actively participate in shaping the future of 00:22:18.990 --> 00:22:22.690 their favorite podcasts. From the podcaster's 00:22:22.690 --> 00:22:26.069 perspective, Noster's apps offer a more sustainable 00:22:26.069 --> 00:22:28.869 and independent way of monetizing their content. 00:22:29.289 --> 00:22:32.210 Instead of relying solely on advertising revenue, 00:22:32.509 --> 00:22:34.809 which can fluctuate and come with its own set 00:22:34.809 --> 00:22:38.230 of challenges, podcasters can establish a direct 00:22:38.230 --> 00:22:40.690 relationship with their audience through value 00:22:40.690 --> 00:22:44.109 -based contributions. This shift towards a more 00:22:44.109 --> 00:22:46.869 decentralized model not only empowers podcasters, 00:22:46.990 --> 00:22:49.529 but it also encourages creativity and innovation 00:22:49.529 --> 00:22:52.609 in the podcasting space. With the support of 00:22:52.609 --> 00:22:55.529 their listeners, podcasters can explore new topics, 00:22:56.029 --> 00:22:58.789 experiment with different formats, and take risks 00:22:58.789 --> 00:23:01.690 that might not have been possible before. Nostra's 00:23:01.690 --> 00:23:03.970 apps and value for value podcasts are still in 00:23:03.970 --> 00:23:06.849 the early stages, but their potential is immense. 00:23:07.450 --> 00:23:09.809 As more podcasters and listeners adopt this new 00:23:09.809 --> 00:23:13.000 model, we can expect to see a thriving ecosystem 00:23:13.000 --> 00:23:16.140 of quality content and engaged communities. So 00:23:16.140 --> 00:23:18.640 the next time you listen to a podcast that captivates 00:23:18.640 --> 00:23:21.019 your attention, consider showing your support 00:23:21.019 --> 00:23:24.019 through a Nostr's app. By contributing directly 00:23:24.019 --> 00:23:26.380 to the creator, you become a part of their success 00:23:26.380 --> 00:23:29.119 story and help shape the future of podcasting. 00:23:29.480 --> 00:23:32.500 In conclusion, Nostr's apps and value for value 00:23:32.500 --> 00:23:35.099 podcasts are revolutionizing the way we support 00:23:35.099 --> 00:23:37.819 and engage with podcasters. By leveraging the 00:23:37.819 --> 00:23:40.539 power of Bitcoin and the Lightning Network, this 00:23:40.539 --> 00:23:43.039 new model offers a more direct and meaningful 00:23:43.039 --> 00:23:45.900 connection between creators and listeners. So 00:23:45.900 --> 00:23:48.259 let's embrace this paradigm shift and unlock 00:23:48.259 --> 00:23:58.539 the full potential of podcasting together. Nostr's 00:23:58.539 --> 00:24:02.380 apps. Deciphering the Enigmatic Phenomenon Reshaping 00:24:02.380 --> 00:24:05.880 Podcasting Landscape Nostra's apps have taken 00:24:05.880 --> 00:24:08.680 the podcasting industry by storm, leaving many 00:24:08.680 --> 00:24:11.380 perplexed yet intrigued. It's a new approach 00:24:11.380 --> 00:24:13.619 to sponsorships that has captured the attention 00:24:13.619 --> 00:24:17.099 of both podcasters and listeners. Unlike traditional 00:24:17.099 --> 00:24:19.599 sponsorships where advertisers pay podcasters 00:24:19.599 --> 00:24:22.319 to promote their products or services, Nostra's 00:24:22.319 --> 00:24:25.019 apps work differently. Listeners voluntarily 00:24:25.019 --> 00:24:27.960 contribute directly to the podcasters, acknowledging 00:24:27.960 --> 00:24:30.539 the value they receive and supporting their favorite 00:24:30.539 --> 00:24:33.619 shows. So why are Nostr's apps causing such a 00:24:33.619 --> 00:24:36.799 buzz? Well, they empower podcasters to maintain 00:24:36.799 --> 00:24:39.759 their creative independence while fostering a 00:24:39.759 --> 00:24:42.660 deeper connection with their audience. No longer 00:24:42.660 --> 00:24:45.740 reliant on the whims of advertisers, podcasters 00:24:45.740 --> 00:24:48.180 are free to deliver authentic content and pursue 00:24:48.180 --> 00:24:51.420 their passions. This creates a win -win situation, 00:24:51.740 --> 00:24:53.819 as listeners feel a sense of ownership over the 00:24:53.819 --> 00:24:56.940 shows they support. They know that their contributions 00:24:56.940 --> 00:24:59.559 directly contribute to the podcast's longevity 00:24:59.559 --> 00:25:02.380 and growth. But let's take a closer look at this 00:25:02.380 --> 00:25:05.539 innovative sponsorship model. It's called Value 00:25:05.539 --> 00:25:09.720 for Value V4V Podcasting, and it's a paradigm 00:25:09.720 --> 00:25:11.960 shift that places the value exchange between 00:25:11.960 --> 00:25:14.920 podcasters and listeners at the forefront. In 00:25:14.920 --> 00:25:17.460 this model, listeners are encouraged to determine 00:25:17.460 --> 00:25:20.380 the value they receive from a podcast and contribute 00:25:20.380 --> 00:25:23.539 accordingly. It's all about fairness and recognizing 00:25:23.539 --> 00:25:26.059 the dedication and talent of the content creators. 00:25:27.099 --> 00:25:29.460 How do listeners contribute? Well, it's not just 00:25:29.460 --> 00:25:32.339 about financial support. Engagement and support 00:25:32.339 --> 00:25:35.579 in various forms are also encouraged. Leaving 00:25:35.579 --> 00:25:38.400 a positive review, sharing episodes with friends, 00:25:38.799 --> 00:25:40.940 or actively discussing the content on social 00:25:40.940 --> 00:25:44.720 media are all valuable contributions. By actively 00:25:44.720 --> 00:25:47.000 participating, listeners become an integral part 00:25:47.000 --> 00:25:49.519 of the success of the podcast. It's like being 00:25:49.519 --> 00:25:51.740 part of a community that nurtures and supports 00:25:51.740 --> 00:25:55.319 the show. Now let's unravel the puzzle of Nostra's 00:25:55.319 --> 00:25:57.900 apps. While it may seem like a simple monetary 00:25:57.900 --> 00:26:00.220 contribution, there's more to it than meets the 00:26:00.220 --> 00:26:03.559 eye. Nostra's apps go beyond just money. They 00:26:03.559 --> 00:26:05.759 are a tangible expression of appreciation and 00:26:05.759 --> 00:26:07.839 support from listeners. It's a way of saying, 00:26:08.039 --> 00:26:10.380 hey, I love what you're doing and I want to show 00:26:10.380 --> 00:26:12.650 my support. It's a testament to the meaningful 00:26:12.650 --> 00:26:16.089 impact podcasts have on listeners' lives. Nostra's 00:26:16.089 --> 00:26:18.769 apps are not just transactions. They represent 00:26:18.769 --> 00:26:21.069 an emotional connection and appreciation for 00:26:21.069 --> 00:26:23.329 the creators and the community they have built. 00:26:24.049 --> 00:26:26.869 It's recognizing that the content and experiences 00:26:26.869 --> 00:26:29.250 delivered through these shows hold significant 00:26:29.250 --> 00:26:32.430 value. And that value goes beyond just the podcast 00:26:32.430 --> 00:26:35.589 itself. It extends to the relationships and sense 00:26:35.589 --> 00:26:38.549 of belonging that are fostered within the podcasting 00:26:38.549 --> 00:26:42.079 community. In conclusion, Nostr's apps and value 00:26:42.079 --> 00:26:44.579 for value podcasting have revolutionized the 00:26:44.579 --> 00:26:47.140 traditional sponsorship model in podcasting. 00:26:47.519 --> 00:26:49.660 By prioritizing the direct connection between 00:26:49.660 --> 00:26:51.960 podcasters and listeners, they have empowered 00:26:51.960 --> 00:26:54.740 podcasters to create content true to their vision. 00:26:55.680 --> 00:26:58.579 At the same time, listeners are given the opportunity 00:26:58.579 --> 00:27:01.900 to actively engage, support, and contribute to 00:27:01.900 --> 00:27:04.930 the podcasts they cherish. As the podcasting 00:27:04.930 --> 00:27:08.109 landscape continues to evolve, Nosterzaps and 00:27:08.109 --> 00:27:11.450 V4V podcasts pave the way for a more collaborative 00:27:11.450 --> 00:27:15.009 and equitable future. It's a future where podcasters 00:27:15.009 --> 00:27:17.829 can truly be themselves, and listeners can be 00:27:17.829 --> 00:27:20.650 active participants in the shows they love. So 00:27:20.650 --> 00:27:23.430 whether you're a podcaster or a listener, embrace 00:27:23.430 --> 00:27:27.130 the power of Nosterzaps and V4V podcasting. Together 00:27:27.130 --> 00:27:30.150 we can shape the future of podcasting. And remember, 00:27:30.609 --> 00:27:33.329 you can support us on fountain .com, Nostradil, 00:27:33.470 --> 00:27:38.430 Spotify, Amazon Music, RSS .com, Pandora, Samsung 00:27:38.430 --> 00:27:41.769 Podcasts, Apple iTunes, iHeart Radio, and many 00:27:41.769 --> 00:27:44.869 more platforms. Just add a like, share, or subscribe 00:27:44.869 --> 00:27:47.069 to the Bitcoin Street Journal. We appreciate 00:27:47.069 --> 00:28:02.799 your support. Happy listening. Thanks for tuning 00:28:02.799 --> 00:28:04.859 into today's episode where we covered a range 00:28:04.859 --> 00:28:07.099 of topics including the latest news from the 00:28:07.099 --> 00:28:10.000 Bitcoin Street Journal, SEC's decision on ARK's 00:28:10.000 --> 00:28:12.880 Bitcoin ETF, Bitcoin hodlers reaching a record 00:28:12.880 --> 00:28:15.700 high, and Adam Bach's predictions for Tron and 00:28:15.700 --> 00:28:18.539 Huobi. We also discussed the impact of grayscale 00:28:18.539 --> 00:28:21.359 on Bitcoin's price, the rise of imposter tokens 00:28:21.359 --> 00:28:24.019 on Ethereum, and the transformation of podcast 00:28:24.019 --> 00:28:26.599 sponsorship through Nostra's apps and Value for 00:28:26.599 --> 00:28:29.119 Value. I'll see you guys at the next one and 00:28:29.119 --> 00:28:30.180 don't forget to subscribe.