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 Oliver Anthony's song, Rich
Men North of Richmond, Bitcoin updates and holding
advice, the banning of a Bulgarian YouTuber for
promoting Bitcoin, Bitcoin adoption in Guatemala,
concerns about the launch of CBDC in the US,
vulnerabilities in major crypto wallets, listings
and price surges of XRP on Gemini, AI technology
in game creation and grocery apps, settlements
and lawsuits involving prominent crypto platforms,
the impact of luxury fashion mergers on blockchain,
Post Malone's criticism of CBDCs, innovative
podcast sponsorship models prioritizing direct
connection between podcasters and listeners.
Hey there, have you heard this amazing song called
Richmond North of Richmond by Oliver Anthony?
It's seriously outstanding. If you're into Bitcoin,
you should definitely check it out and unite
with fellow Bitcoin enthusiasts. The song is
so good. Let's send it to the top. I mean, come
on, Oliver Anthony really nailed it with this
one. There's a line that goes, because your dollar
ain't shit and it's taxed to no end. It just
hits differently. You know, if you want to listen
to it, the link is in the show notes. Oliver,
if you're listening, thank you. You totally made
our day with this. Incredible song. Now, shifting
gears a little, let me share something from the
desk of the editor of the Bitcoin Street Journal.
There's some personal stuff in here, so bear
with me. From the desk of the editor of the Bitcoin
Street Journal, I love you, Jenny. I am so proud
of you. Not sure if you listen to this show because
you are so busy, but I just wanted to let you
know how much you mean to me. Thank you for having
my back all these years. Oh, I almost forgot
to mention something exciting. There's an ETF
expert named Nate Gerasi who believes that Grayscale
will win their lawsuit against the SEC. And if
that happens, guess what? There's a 100 % chance
that the spot Bitcoin ETF will be approved. Can
I get a woohoo for that? This is big news for
the cryptocurrency world. Speaking of numbers,
did you know that there are now over 12 million
addresses that hold more than 0 .01 Bitcoin?
Yeah, you heard me right. People are really getting
into the Bitcoin game and who can blame them?
It's a solid investment strategy if you ask me.
Wait, wait, wait. I need to tell you this. They
are literally telling us that central bank digital
currencies, CBDCs, are coming. Yeah, it's true.
But hey, here's a thought. Opt out with Bitcoin.
Stay sovereign and stay free. It's all about
taking control of your own financial destiny.
All right, my friend, that's all for now. But
before I go, let me remind you to learn from
Greg and just hold your Bitcoin. It's all about
hodling, right? Take care and catch you later.
So let's dive into some interesting news about
the world of cryptocurrency. Recently, YouTube
took a stand by banning a popular Bulgarian YouTuber
named Plamen Andanov. The reason behind this
decision, according to YouTube, is that Andonoff's
channel was promoting Bitcoin education, which
they deemed as containing dangerous content.
Now, this has certainly stirred up some controversy
and raised questions about the censorship of
content on the platform. Moving on, let's talk
about the problems that our society faces due
to the concept of easy money, like fiat currency.
Grant McCarty, in a thought -provoking episode,
delves into this topic. He points out the various
issues that arise when money is easily accessible
and its consequences on our society as a whole.
It's definitely an eye -opening episode worth
checking out if you're interested in understanding
these dynamics. Next up, we have an intriguing
revelation made by Samson Moe in an interview
with Bitcoin Reserve. Moe draws attention to
the fact that many stablecoin users might not
even be aware that they are using a stablecoin.
He highlights the privilege that some individuals
have in being able to care about such matters.
For many people in third world countries, the
ability to simply have enough food is the ultimate
goal. rather than worrying about the financial
intricacies of stablecoins. It's an interesting
perspective that sheds light on the varying priorities
and perspectives across different communities.
Now, let's turn our attention to Guatemala, where
Bitcoin adoption is reportedly thriving. It's
exciting to see how digital currencies gain traction
and acceptance in different parts of the world.
Guatemala serves as an inspiring example of how
Bitcoin is making its mark and being embraced
by the local population. It's a clear indication
of the growing interest and potential of cryptocurrencies
on a global scale. Moving on, in a recent interview
with Swann, Samson Mo took the time to explain
what the liquid network is and how it interacts
with Bitcoin. The liquid network is a side chain
built on top of the Bitcoin blockchain that enables
faster and more private transactions. Mo breaks
down the working mechanisms of the liquid network,
providing insights into its functionalities.
If you're interested in understanding how different
networks intertwine with Bitcoin and enhance
its capabilities, this interview is a must watch.
Now let's take a moment to talk about something
mind blowing. An AI program that is trained to
buy products off the internet using Bitcoin.
Just think about it. A machine making transactions
with a digital currency. It's a fascinating development
that showcases the advancements in artificial
intelligence and the integration of cryptocurrency
into various aspects of our lives. Who knows
what the future holds when it comes to AI and
its involvement in the world of finance. In other
news, it seems that Revolut, a well -known financial
technology company, is expanding its crypto division.
Despite halting services for US clients, Revolut
is still committed to growing its crypto business.
This expansion is a testament to the increasing
interest and demand for cryptocurrencies in the
market. It's exciting to see companies like Revolut
embracing this technology and striving to meet
the needs of their customers. Now let's talk
about the consumer price index CPI announcement
for July. Surprisingly, this announcement didn't
have much impact on the price of Bitcoin this
time. Often, news regarding economic indicators
can cause fluctuations in the cryptocurrency
market. However, in this instance, Bitcoin remained
relatively unaffected. It's interesting to observe
these dynamics and how Bitcoin's price can sometimes
exhibit resilience in the face of traditional
economic indicators. Moving on to an intriguing
conversation that unfolded between Joe Rogan
and Post Malone. They expressed concerns about
a potential launch of a central bank digital
currency, CBDC, in America. Rogan went so far
as to say that the creation of a digital dollar
could be a checkmate and game over scenario.
This discussion sparks important questions about
the future of traditional currencies and their
potential replacement or coexistence with digital
currencies. Finally, there were recent warnings
from Fireblocks regarding vulnerabilities found
in major crypto wallets such as Coinbase and
Binance. These vulnerabilities could potentially
lead to key extraction and compromise the security
of users' funds. Both Coinbase and Binance have
taken swift action to address and patch these
vulnerabilities. It serves as an important reminder
of the constant need to ensure the safety and
security of our digital assets. And that's a
wrap on some intriguing news from the world of
cryptocurrencies. From YouTube's banning controversy
to Bitcoin adoption in Guatemala, There's a lot
happening in this rapidly evolving space. Stay
tuned for more updates as we navigate the exciting
and ever -changing landscape of digital currencies.
Hey there! Exciting news in the crypto world.
XRP is now listed on Gemini. This means that
users of the popular crypto exchange can now
deposit XRP tokens on the platform. Gemini continues
to expand its offerings, giving users more options
to explore the world of digital currencies. In
other news, there's a lawsuit making waves involving
FTX clients and a law firm called Fenwick & West.
The complaint alleges that Fenwick and West went
beyond the usual services provided by a law firm
in assisting with an alleged fraud involving
FTX. It's definitely a controversial situation
and we'll have to wait and see how it unfolds.
Now let's talk about Shiba Inu or Shibie as it's
commonly known. This meme inspired cryptocurrency
has had quite a week leading the charge with
a more than 23 % rally in the past seven days.
It's been an exciting ride for shib holders,
and it seems like they are ready for a meme war
with another crypto X. Let's see how that battle
plays out. Moving on to Brazil, there's news
about their upcoming CBDC called Drex. The Brazilian
central bank digital currency aims to advance
the local monetary network, bringing new possibilities
and opportunities to the country. It's an interesting
development in the world of digital currencies
and central banks, and we'll be keeping an eye
on how this progresses. Switching gears to South
Korea, authorities have made an arrest in the
crypto world. The chief of a crypto exchange
is being accused of misappropriating a staggering
$7 .5 million from exchange users. It's a serious
allegation, and if proven true, it highlights
the importance of security and trust in the crypto
industry. Curious about when Bitcoin's bull run
will start? Well, according to one prominent
crypto analyst, The next major market cycle peak
for Bitcoin will come much earlier than previous
ones. It's an intriguing prediction, and it will
be interesting to see if it holds true. The world
of cryptocurrencies is always full of surprises.
Wait, hold on. There's some surprising news about
XRP's price. Apparently, it shot up to an astonishing
$50 on Gemini, but quickly tumbled down to 63
cents. That's quite the volatile swing. These
price fluctuations remind us how unpredictable
the crypto market can be. Meanwhile, The rally
for SHIB continues to gather momentum. It has
turned into a significant breakout, with support
levels at $0 .00000094 and resistance levels
at $0 .000000106 and $0 .00000012. Buyers have
taken control, and the Bulls are dominating the
scene. It's an exciting time for SHIB enthusiasts.
While Bitcoin's price remains range -bound above
$1 .29k, there's another coin making waves, RLB.
It has skyrocketed to 20 cents, capturing the
attention of many traders. It's always fascinating
to see certain coins stand out during periods
of stagnant market conditions. Now let's dive
into the topic of an XRP ETF. Is it possible?
Well, an expert has weighed in on the matter.
Considering the ongoing SEC scrutiny surrounding
XRP, it's a topic of great interest for many
in the crypto community. The expert provides
insight and gives their two cents on the potential
for an XRP ETF. Shifting gears to the Federal
Reserve, Tom Lee, a well -known figure in the
crypto world, believes that interest rates won't
be raised further in the current cycle. This
statement indicates his belief that the Fed is
done with hiking rates for now. It's an interesting
perspective, and it will be fascinating to see
how this plays out in the financial landscape.
And finally, there's a lawsuit involving Gemini.
Digital Currency Group is seeking to have the
Hodgepodge Gemini lawsuit dismissed. It's a legal
battle that highlights the complexities and challenges
within the crypto industry. Phew, that was quite
a whirlwind of crypto news. Stay tuned for more
updates and developments in this fast -paced
and ever -evolving world of cryptocurrencies.
Hey there, let's dive into some interesting news
from the tech and crypto world. First up, we
have a juicy letter supporting a motion accusing
Cameron and Tyler Winklevoss, the famous Winklevoss
twins, of engaging in a Twitter -based character
assassination campaign. Oh boy, drama. Moving
on, let's talk about Roblox, one of the biggest
games out there. They're tapping into the power
of artificial intelligence, AI, to generate even
more rich and dynamic games. They want to let
creators design games by simply typing prompts.
How cool is that? But hey, not all AI -powered
technologies are as helpful as we'd like. There's
this grocery store app that's literally trying
to kill you. Figuratively, of course. Users were
inputting things like turpentine and ant poison
to use up their leftovers, but the app produced
some ghastly results. Yikes. Better stick to
traditional recipes. In other news, crypto exchange
Bittrex has agreed to shell out a whopping $24
million to settle a lawsuit filed by the SEC.
No admissions or denials made, but quite a hefty
settlement, don't you think? Speaking of legal
battles, Alameda, a FTX affiliate, is facing
a snag in its lawsuit against Grayscale over
$9 billion locked in the Grayscale Bitcoin trust.
Seems like they need some more time to find a
co -plaintiff. Legal dramas? Where would we be
without them? Now let's take a moment to appreciate
the godfather of generative art, Casey Reese.
He's wowing the world with his latest project,
923 Empty Rooms. Bright Moments and Art Blocks
are partnering up for live events across six
cities. Prepare to be amazed by his talent. Shifting
gears, let's talk about the crypto gaming industry.
In July, investors injected a whopping $297 million
into this booming sector. However, it seems that
Metaverse NFT sales have hit a bit of a roadblock
and slowed down significantly. Nevertheless,
the world of crypto gaming continues to evolve
and capture the attention of investors. Next
up, the luxury fashion industry is seeing a crypto
divide as Coach swallows Versace in an $8 .5
billion merger. This could have some major implications
for the future of blockchain technology and fashion.
Will luxury brands embrace blockchain or shy
away from it? Only time will tell. Now let's
talk about a recent episode of the Joe Rogan
podcast where musician Post Malone dissed central
bank digital currencies, CBDCs. The Bitcoin community
went wild, loving his take on the digital dollar
discussion. It's fascinating to see these topics
reaching mainstream audiences. Moving on. Binance
Labs, the venture arm of Binance, is investing
a cool $10 million to accelerate the liquid -staking
pivot of Helio protocol. Liquid -staking is gaining
traction within the decentralized finance DeFi
space, and Binance is making sure to be part
of the action. And speaking of DeFi, there are
some high -profile Ethereum futures ETF applications
in play right now. If the SEC gives the green
light, we might see the first Ethereum futures
ETF launching as soon as October 2023. Exciting
times ahead for Ethereum enthusiasts. Last but
not least, Coinbase's Layer 2 solution has bridged
a jaw -dropping $170 million, pushing it into
the top five Layer 2 networks by total amount
bridged. Plus, their daily active user count
has reached a whopping $136 ,000. Looks like
the crypto space is buzzing with activity. That's
all for now, folks. Make sure to stay tuned for
more exciting news and updates from the world
of tech and crypto. Catch you next time. Noster's
apps are shaking up the podcasting landscape
by introducing a unique form of podcast sponsorship.
Unlike traditional sponsorships, where advertisers
pay podcasters to promote their products or services,
Noster's apps take a different approach. Listeners
have the opportunity to directly contribute to
their favorite podcasters, recognizing the value
they receive from the shows and supporting them.
This innovative sponsorship model empowers podcasters
to maintain their creative independence while
fostering a deeper connection with their audience.
By being free from the demands of advertisers,
podcasters can deliver authentic content and
pursue their true passions. Listeners in turn
feel a sense of ownership over the shows they
support, knowing that their contributions directly
contribute to the longevity and growth of the
podcasts. Now let's dive into the paradigm shift
brought about by value for value V4V podcasts.
This model places the value exchange between
podcasters and listeners at the forefront. Instead
of podcasters determining the value of their
content, listeners are encouraged to assess the
value they receive and contribute accordingly.
This approach ensures a more equitable distribution
of resources and rewards content creators for
their dedication and talent. But the value exchange
in V4V podcasts isn't limited to financial contributions
alone. It extends to engagement and support as
well. Listeners are encouraged to leave positive
reviews, share episodes with friends, and actively
discuss the content on social media. By becoming
active participants in the success of the podcast,
listeners foster a sense of community and establish
a loyal and dedicated fan base that drives the
growth and sustainability of the show. Now let's
unravel the puzzle of Noster's apps and understand
the true value they bring to the podcasting world.
While Noster's apps represent a novel sponsorship
approach, their significance extends beyond monetary
contributions. They serve as a tangible expression
of appreciation and support from listeners to
the podcast and its host. Noster's apps acknowledge
the transformative impact podcasts have on listeners
lives. It's a recognition that the content and
experiences provided by these shows hold significant
value and deserve recognition. The value exchange
through Noster's apps is not solely transactional.
It's an emotional connection and appreciation
for the creators and the community they have
built. In conclusion, Noster's apps and value
for value podcasting have revolutionized podcast
sponsorships by prioritizing the direct connection
between podcasters and listeners. These phenomena
empower podcasters to create content that resonates
with their vision while fostering a loyal fan
base. 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, Nostr's
apps and V4V podcasts pave the way for a more
collaborative and equitable future. If you enjoy
the Bitcoin Street Journal, please show your
support by visiting fountain .com, NosterBuild,
Spotify, Amazon Music, RSS .com, Pandora, Samsung
Podcasts, Apple iTunes, iHeartRadio, and many
more platforms. You can show your support by
liking, sharing, or subscribing. Thank you for
listening and your support. In today's episode,
we discussed the recommended song, Rich Men North
of Richmond, that promotes unity and Bitcoin,
along with updates and holding advice for Bitcoin,
the arrival of CBDCs, YouTube's ban on a Bulgarian
YouTuber promoting Bitcoin, the thriving adoption
of Bitcoin in Guatemala. Concerns about potential
CBDC launch in the US, vulnerabilities found
in major crypto wallets, Gemini listing XRP and
the XRP price surge, Roblox's use of AI for game
creation, the AI grocery app producing dangerous
results, Bittrex settling SEC lawsuit, Casey
Reese releasing generative art, the increase
in crypto gaming investments, the luxury fashion
merger affecting blockchain, Post Malone criticizing
CBDC's, Binance's investment in Helio protocol,
the Ethereum futures ETF awaiting approval, and
the podcasting revolution with Nostra's apps
and value for value. Thanks for listening to
today's episode. I'll see you guys at the next
one and don't forget to subscribe.