WEBVTT 00:00:09.940 --> 00:00:12.519 Welcome to the Bitcoin Street Journal Bitcoin 00:00:12.519 --> 00:00:15.439 Market Update, the podcast that brings you daily 00:00:15.439 --> 00:00:18.399 live updates on the ever -changing Bitcoin market. 00:00:18.859 --> 00:00:21.140 Stay informed with our in -depth Bitcoin technical 00:00:21.140 --> 00:00:24.079 analysis as we explore the current price of Bitcoin, 00:00:24.440 --> 00:00:27.579 BTC, market capitalization, and market supply. 00:00:28.019 --> 00:00:30.079 Get ready to dive into the world of cryptocurrency 00:00:30.079 --> 00:00:32.920 and stay ahead of the game. In today's episode, 00:00:33.079 --> 00:00:35.200 we'll cover topics such as Gary Gensler leaving 00:00:35.200 --> 00:00:39.390 SEC. Bitcoin adoption in Germany and UK. China 00:00:39.390 --> 00:00:43.109 recognizing Bitcoin. FTX customer funds misused. 00:00:43.630 --> 00:00:46.429 Bitcoin mining energy. Lightning network nodes. 00:00:46.929 --> 00:00:48.890 The increasing number of Bitcoin addresses with 00:00:48.890 --> 00:00:51.990 a non -zero balance. Bitcoin education in El 00:00:51.990 --> 00:00:54.850 Salvador's public schools. Ethereum's bearish 00:00:54.850 --> 00:00:57.850 market performance. Crypto investors in Turkey. 00:00:58.509 --> 00:01:02.009 Russian malware targeting crypto wallets. Canaan's 00:01:02.009 --> 00:01:05.030 Bitcoin mining revenue. declining volumes for 00:01:05.030 --> 00:01:09.709 BTC and ETH, Stellar's explosive growth, Stablecoin's 00:01:09.709 --> 00:01:12.609 market cap increase, U .S. presidential nominee 00:01:12.609 --> 00:01:15.310 DeSantis supporting crypto, the prediction of 00:01:15.310 --> 00:01:19.290 a spot Bitcoin ETF in America, Cristiano Ronaldo's 00:01:19.290 --> 00:01:22.450 lie detector test, Cardano's surge in transaction 00:01:22.450 --> 00:01:26.409 volume, the founders' feud at Gala Games, Nigeria's 00:01:26.409 --> 00:01:29.549 leadership in crypto awareness, LSE Group's plan 00:01:29.549 --> 00:01:32.310 for a blockchain -powered trading venue. crypto 00:01:32.310 --> 00:01:35.510 scams targeting a british woman bitcoin inflows 00:01:35.510 --> 00:01:38.010 despite market conditions the flat performance 00:01:38.010 --> 00:01:40.790 of bitcoin and suffering altcoins the significant 00:01:40.790 --> 00:01:43.469 development of shebarium in the shiba inu ecosystem 00:01:43.469 --> 00:01:47.269 half of turkey's population owning cryptocurrency 00:01:47.269 --> 00:01:50.290 oxa's successful fundraising for driverless shuttles 00:01:50.290 --> 00:01:53.329 the return of trevor jones's digital art event 00:01:53.329 --> 00:01:57.569 setbacks faced by the sec with bitcoin etf applications 00:01:57.569 --> 00:02:01.719 a crypto pump and dump scheme in hawaii The compatibility 00:02:01.719 --> 00:02:04.920 of stable diffusion and SDXL with Apple Silicon 00:02:04.920 --> 00:02:08.460 Mac. Solana's selection for MakerDAO's new blockchain. 00:02:09.240 --> 00:02:12.819 Binance CEO defending against regulatory scrutiny. 00:02:13.460 --> 00:02:16.180 Concerns about centralization in the Lido staking 00:02:16.180 --> 00:02:20.240 protocol. Vitalik Buterin selling MKR tokens. 00:02:20.780 --> 00:02:23.860 Stellar's surge and upcoming news. London Stock 00:02:23.860 --> 00:02:26.199 Exchange's blockchain powered digital markets. 00:02:26.620 --> 00:02:29.560 The legal dispute between Gala Games co -founders. 00:02:29.870 --> 00:02:33.189 AI -powered film production, an executive departure 00:02:33.189 --> 00:02:36.830 from Binance, losses at a Drake -backed crypto 00:02:36.830 --> 00:02:40.050 casino, the potential of crypto to improve financial 00:02:40.050 --> 00:02:42.810 literacy, the continued activity in the crypto 00:02:42.810 --> 00:02:47.490 market, Solana's favor among investors, and OpenAI's 00:02:47.490 --> 00:02:50.590 integration of chat GPT with Canva, with the 00:02:50.590 --> 00:02:52.490 added bonus of supporting the Bitcoin Street 00:02:52.490 --> 00:02:58.659 Journal on various podcast platforms. Hey there, 00:02:58.740 --> 00:03:02.159 did you hear the news? Gary Gensler, former chair 00:03:02.159 --> 00:03:05.379 of the SEC, is on his way out. It looks like 00:03:05.379 --> 00:03:08.099 his career is over, but fear not, because Bitcoin 00:03:08.099 --> 00:03:11.500 will live on. And here's some more exciting news. 00:03:12.000 --> 00:03:15.199 Users from Germany and the UK can now purchase 00:03:15.199 --> 00:03:18.520 cryptocurrencies and Bitcoin on Coinbase using 00:03:18.520 --> 00:03:21.939 PayPal. That's a game changer, right? But it's 00:03:21.939 --> 00:03:25.020 not just Coinbase making waves. The Colorado 00:03:25.020 --> 00:03:27.620 Department of Motor Vehicles in the US now accepts 00:03:27.620 --> 00:03:31.900 Bitcoin for online services. Talk about progress. 00:03:32.439 --> 00:03:35.680 In fact, Jay Clayton, the former SEC chair, believes 00:03:35.680 --> 00:03:39.620 that the approval of a spot Bitcoin ETF is inevitable. 00:03:40.159 --> 00:03:42.340 That could have some major implications for the 00:03:42.340 --> 00:03:44.979 crypto market. And there's more good news for 00:03:44.979 --> 00:03:47.620 Bitcoin enthusiasts in China. The People's Court 00:03:47.620 --> 00:03:50.539 of China has issued a report clarifying that 00:03:50.539 --> 00:03:53.020 virtual currencies like Bitcoin have legal status 00:03:53.020 --> 00:03:56.180 in the nation. That's a big step forward in adopting 00:03:56.180 --> 00:03:59.599 cryptocurrencies. Now, it's not all good news. 00:04:00.360 --> 00:04:03.659 We recently learned that $2 .5 million of FTX 00:04:03.659 --> 00:04:06.180 customer funds were used to buy a yacht for Sam 00:04:06.180 --> 00:04:10.020 Tribuco, the former co -CEO of Alameda Research. 00:04:10.439 --> 00:04:13.979 And guess what? His exact location is still unknown. 00:04:14.280 --> 00:04:16.860 Looks like some sketchy business going on there. 00:04:17.480 --> 00:04:20.220 I have a little advice for you. Stop making scammers 00:04:20.220 --> 00:04:22.579 rich and start self -custodying your Bitcoin. 00:04:23.220 --> 00:04:25.699 It's important to protect your assets, so make 00:04:25.699 --> 00:04:28.220 sure you're in control of your investments. You 00:04:28.220 --> 00:04:30.019 won't believe this, but it turns out Peter was 00:04:30.019 --> 00:04:32.300 right about something. I guess even a broken 00:04:32.300 --> 00:04:35.639 clock is right twice a day, huh? And speaking 00:04:35.639 --> 00:04:38.980 of trends, the percentage of Bitcoin supply held 00:04:38.980 --> 00:04:42.519 by entities with less than 10 BTC continues to 00:04:42.519 --> 00:04:45.829 reach new highs. This has been a positive structural 00:04:45.829 --> 00:04:49.350 trend throughout Bitcoin's existence. So keep 00:04:49.350 --> 00:04:52.250 stacking those sats, folks. Here's some interesting 00:04:52.250 --> 00:04:55.509 research from the University of Cambridge. Bitcoin 00:04:55.509 --> 00:04:58.810 mining actually uses less energy than clothes, 00:04:59.269 --> 00:05:02.730 tumble dryers in the US. Who would have thought? 00:05:03.149 --> 00:05:05.529 And the long -term holder supply of Bitcoin keeps 00:05:05.529 --> 00:05:08.589 reaching new highs while short -term holder supply 00:05:08.589 --> 00:05:12.269 reaches new lows. It seems like the plebs are 00:05:12.269 --> 00:05:15.290 stacking and holding on. Are you in on the action? 00:05:15.829 --> 00:05:18.750 In El Salvador, they're using a geothermal well 00:05:18.750 --> 00:05:22.009 -spouting pure water vapor to power Bitcoin miners. 00:05:22.949 --> 00:05:25.649 Talk about sustainable mining. Now here's something 00:05:25.649 --> 00:05:28.930 that could shake things up. China has declared 00:05:28.930 --> 00:05:32.149 digital assets a legal property protected by 00:05:32.149 --> 00:05:35.350 law. And Forbes is warning that it could cause 00:05:35.350 --> 00:05:38.649 an earthquake in the Bitcoin price. Definitely 00:05:38.649 --> 00:05:41.709 something to keep an eye on. If you're interested, 00:05:41.910 --> 00:05:44.790 you can catch Dylan Leclerc's full keynote at 00:05:44.790 --> 00:05:47.870 Riga Bitcoin Week. There's always valuable knowledge 00:05:47.870 --> 00:05:50.610 to gain from these events. For the first time 00:05:50.610 --> 00:05:53.550 in history, Bitcoin withdrawals from exchanges 00:05:53.550 --> 00:05:56.670 have surpassed deposits for three consecutive 00:05:56.670 --> 00:05:59.689 months. That's a significant shift in the market 00:05:59.689 --> 00:06:03.370 dynamics. Looks like 2023 is shaping up to be 00:06:03.370 --> 00:06:05.870 the least volatile year for Bitcoin in the last 00:06:05.870 --> 00:06:08.980 10 years. That's a welcome change for those who 00:06:08.980 --> 00:06:12.180 like a stable journey. And guess which countries 00:06:12.180 --> 00:06:15.339 have the most Lightning Network nodes? The top 00:06:15.339 --> 00:06:19.519 three are the US, Germany, and France. These 00:06:19.519 --> 00:06:22.100 countries are leading the way in Lightning Network 00:06:22.100 --> 00:06:25.360 adoption. It seems like more people are realizing 00:06:25.360 --> 00:06:30.160 the value of privacy. With Keat .io, You can 00:06:30.160 --> 00:06:33.040 chat and interact online directly with your peers 00:06:33.040 --> 00:06:35.480 without worrying about your conversations being 00:06:35.480 --> 00:06:38.319 stored on a server. It's all about taking back 00:06:38.319 --> 00:06:42.100 control of your data. Root is talking about seasonality 00:06:42.100 --> 00:06:45.220 and how today's date compares to previous cycles. 00:06:45.980 --> 00:06:47.879 It's always interesting to track patterns and 00:06:47.879 --> 00:06:50.600 see if history repeats itself. In case you missed 00:06:50.600 --> 00:06:55.160 it, the former SEC chair, Jay Clayton, expects 00:06:55.160 --> 00:06:58.610 a Bitcoin ETF to be approved in the U .S. It 00:06:58.610 --> 00:07:01.610 seems like it's only a matter of time now. Did 00:07:01.610 --> 00:07:06.629 you know that 800 ,000 Bitcoin has been pulled 00:07:06.629 --> 00:07:11.290 from exchanges in the last three years? Investors 00:07:11.290 --> 00:07:13.569 are starting to understand the importance of 00:07:13.569 --> 00:07:16.310 not relying on exchanges for holding their Bitcoin. 00:07:16.970 --> 00:07:19.009 And here's a little nugget of information for 00:07:19.009 --> 00:07:22.769 you. Wallets with more than 10 Bitcoin are at 00:07:22.769 --> 00:07:28.560 a three -year high of 157 ,352. looks like more 00:07:28.560 --> 00:07:31.079 people are hodling significant amounts of Bitcoin. 00:07:33.100 --> 00:07:36.319 Lastly, you may have come across Bitcoin Ring 00:07:36.319 --> 00:07:39.240 on Twitter. They're all about paying with Bitcoin 00:07:39.240 --> 00:07:42.740 and their ring logo is quite catchy. It's great 00:07:42.740 --> 00:07:45.180 to see more options for using cryptocurrencies 00:07:45.180 --> 00:07:48.629 in everyday transactions. Oh, and don't forget 00:07:48.629 --> 00:07:50.730 to pay attention to the colors on the charts. 00:07:51.129 --> 00:07:53.990 When it's green, it means dollar -cost averages 00:07:53.990 --> 00:07:57.110 are making a profit. But when it's red, they're 00:07:57.110 --> 00:07:59.870 at a loss. It's always fascinating to see these 00:07:59.870 --> 00:08:04.670 patterns play out. So, that's a wrap. Stay tuned 00:08:04.670 --> 00:08:07.129 for more exciting updates in the world of Bitcoin 00:08:07.129 --> 00:08:09.629 and cryptocurrencies. It's an ever -evolving 00:08:09.629 --> 00:08:19.540 space, and we're here to keep you informed. Hey 00:08:19.540 --> 00:08:22.019 there. Did you know that the number of Bitcoin 00:08:22.019 --> 00:08:24.939 addresses with a non -zero balance has exceeded 00:08:24.939 --> 00:08:30.660 48 .5 million? That's more than the entire population 00:08:30.660 --> 00:08:34.639 of Spain. It's pretty incredible to think about 00:08:34.639 --> 00:08:38.159 how widespread Bitcoin adoption has become. Speaking 00:08:38.159 --> 00:08:41.200 of Bitcoin, have you ever wondered why people 00:08:41.200 --> 00:08:44.480 are so interested in it? Well, Jack Dorsey, the 00:08:44.480 --> 00:08:47.789 CEO of Twitter, has some thoughts on that. He's 00:08:47.789 --> 00:08:50.210 a big believer in Bitcoin and has even said that 00:08:50.210 --> 00:08:52.970 it has the potential to bring about world peace. 00:08:53.429 --> 00:08:57.190 Now, that's a bold statement. By the way, have 00:08:57.190 --> 00:09:00.250 you seen the Bitcoin umbrella spotted in Montevideo, 00:09:00.990 --> 00:09:03.830 Uruguay? It's pretty cool to see Bitcoin making 00:09:03.830 --> 00:09:06.649 its mark all around the world. Props to Esquilita 00:09:06.649 --> 00:09:09.330 Bitcoin for sharing that find on Twitter. If 00:09:09.330 --> 00:09:11.309 you're interested in learning more about why 00:09:11.309 --> 00:09:13.929 Bitcoin is better than real estate, you should 00:09:13.929 --> 00:09:16.710 definitely check out Michael Saylor. He's a big 00:09:16.710 --> 00:09:18.929 advocate for Bitcoin and has some compelling 00:09:18.929 --> 00:09:21.210 arguments for why it can lower the cost of living 00:09:21.210 --> 00:09:24.669 for everyone. It's fascinating to see how technology 00:09:24.669 --> 00:09:27.190 like Bitcoin can disrupt traditional industries. 00:09:27.789 --> 00:09:30.289 Speaking of disruption, did you know that starting 00:09:30.289 --> 00:09:33.750 in 2024, Bitcoin education will be coming to 00:09:33.750 --> 00:09:36.860 every public school in El Salvador? Thanks to 00:09:36.860 --> 00:09:39.779 a partnership between Me Premier, Bitcoin NGO 00:09:39.779 --> 00:09:42.639 and the Ministry of Education, students will 00:09:42.639 --> 00:09:45.779 have the opportunity to learn about Bitcoin from 00:09:45.779 --> 00:09:49.000 an early age. It's exciting to see countries 00:09:49.000 --> 00:09:50.940 embracing the potential of cryptocurrencies. 00:09:51.779 --> 00:09:54.220 It's crazy to think about how far Bitcoin has 00:09:54.220 --> 00:09:57.259 come. Just 10 years ago, people were celebrating 00:09:57.259 --> 00:10:02.000 Bitcoin reaching $100 USD. And now we can only 00:10:02.000 --> 00:10:04.100 imagine where it will be in another 10 years. 00:10:04.679 --> 00:10:07.490 But one thing's for sure. I'll be hodling regardless 00:10:07.490 --> 00:10:11.350 of the price. Now let's talk about Ethereum. 00:10:12.330 --> 00:10:15.850 It recently experienced a sharp rejection from 00:10:15.850 --> 00:10:19.990 the $1 ,800 resistance level, which triggered 00:10:19.990 --> 00:10:23.370 a significant downward trend. This is definitely 00:10:23.370 --> 00:10:26.389 a bearish signal for Ethereum's midterm prospects. 00:10:26.929 --> 00:10:28.870 It's always interesting to see how the market 00:10:28.870 --> 00:10:31.269 fluctuates and affects different cryptocurrencies. 00:10:31.929 --> 00:10:35.629 Did you know that 52 % of Turks are crypto investors? 00:10:36.889 --> 00:10:39.830 According to a Kucoin study, Bitcoin, Ethereum, 00:10:40.149 --> 00:10:42.889 and stablecoins are the most popular cryptocurrencies 00:10:42.889 --> 00:10:46.049 among Turkish investors. It's fascinating to 00:10:46.049 --> 00:10:48.250 see how crypto adoption varies from country to 00:10:48.250 --> 00:10:52.889 country. Now, let's shift gears and talk about 00:10:52.889 --> 00:10:56.929 Worldcoin. Experts have weighed in on this generative 00:10:56.929 --> 00:11:00.899 AI project and have some concerns. Ironically, 00:11:01.019 --> 00:11:03.480 the creators of WorldCoin are developing an intrusive 00:11:03.480 --> 00:11:06.240 system to counter a problem that their project 00:11:06.240 --> 00:11:08.879 perpetuates. It's certainly a thought provoking 00:11:08.879 --> 00:11:12.799 situation. In the world of blockchain and mining, 00:11:13.220 --> 00:11:15.460 Argo blockchain recently announced a reduction 00:11:15.460 --> 00:11:19.860 in debt and overall costs. However, their revenue 00:11:19.860 --> 00:11:22.899 in the first half of the year declined by 31 00:11:22.899 --> 00:11:27.009 % compared to the same period in 2022. It just 00:11:27.009 --> 00:11:30.129 goes to show that the crypto industry can be 00:11:30.129 --> 00:11:33.509 unpredictable. In other news, there has been 00:11:33.509 --> 00:11:36.570 a joint warning from US and UK intelligence agencies 00:11:36.570 --> 00:11:40.190 about a new malware called Infamous Chisel. This 00:11:40.190 --> 00:11:43.070 malware specifically targets Android devices 00:11:43.070 --> 00:11:47.029 and poses a risk to crypto wallets. It's important 00:11:47.029 --> 00:11:50.090 to stay vigilant and protect your digital assets. 00:11:50.429 --> 00:11:53.470 Let's not forget about the mining industry. Canaan, 00:11:53.549 --> 00:11:56.570 a Bitcoin miner, saw a significant increase in 00:11:56.570 --> 00:11:59.250 mining revenue in Q2 compared to the previous 00:11:59.250 --> 00:12:02.570 quarter. It's interesting to see how mining operations 00:12:02.570 --> 00:12:06.070 can be affected by market conditions. Speaking 00:12:06.070 --> 00:12:08.970 of market conditions, August was a relatively 00:12:08.970 --> 00:12:11.590 quiet month for cryptocurrencies with volumes 00:12:11.590 --> 00:12:14.570 and activity falling. And it seems like September 00:12:14.570 --> 00:12:17.720 is likely to be a repeat. It's always fascinating 00:12:17.720 --> 00:12:20.340 to see how market trends unfold and affect different 00:12:20.340 --> 00:12:23.500 digital currencies. In the midst of all this, 00:12:23.799 --> 00:12:27.960 Stellar XLM has had a great day with a 10 % daily 00:12:27.960 --> 00:12:32.700 increase. On the other hand, Bitcoin BTC seems 00:12:32.700 --> 00:12:36.659 to be stalling at the $1 .26K mark. The crypto 00:12:36.659 --> 00:12:41.419 market is always full of surprises. Lastly, the 00:12:41.419 --> 00:12:43.539 combined market capitalization of stablecoins 00:12:43.539 --> 00:12:45.879 has recently shown growth for the first time 00:12:45.879 --> 00:12:49.740 since the FTX crash. It's a positive sign for 00:12:49.740 --> 00:12:52.059 stablecoins and reflects the increasing demand 00:12:52.059 --> 00:12:56.419 for these cryptocurrencies. Oh, and have you 00:12:56.419 --> 00:12:58.879 heard about US presidential nominee DeSantis? 00:12:59.440 --> 00:13:02.279 He recently introduced a pro crypto declaration 00:13:02.279 --> 00:13:06.200 of economic independence. If he wins the 2024 00:13:06.200 --> 00:13:09.320 presidential elections, He has vowed to let the 00:13:09.320 --> 00:13:12.940 crypto sector thrive and replace Fed's chair, 00:13:13.159 --> 00:13:16.659 Jerome Powell. It's definitely an interesting 00:13:16.659 --> 00:13:19.700 development in the world of politics and cryptocurrencies. 00:13:20.700 --> 00:13:23.940 That's all for now. Remember, the world of cryptocurrencies 00:13:23.940 --> 00:13:26.720 is always evolving, so stay informed and have 00:13:26.720 --> 00:13:32.659 fun exploring this exciting space. Former SEC 00:13:32.659 --> 00:13:35.000 chair Jay Clayton has made a surprising claim 00:13:35.000 --> 00:13:38.240 that a spot Bitcoin ETF in America is inevitable. 00:13:38.919 --> 00:13:40.700 This is quite a turnaround from his previous 00:13:40.700 --> 00:13:43.179 stance of the approval being hard to resist. 00:13:43.960 --> 00:13:46.100 Clayton's statement has sparked a lot of interest 00:13:46.100 --> 00:13:48.759 and speculation within the cryptocurrency community. 00:13:50.100 --> 00:13:52.399 In some interesting news related to sports and 00:13:52.399 --> 00:13:55.120 cryptocurrency, football superstar Cristiano 00:13:55.120 --> 00:13:57.940 Ronaldo recently took a lie detector test for 00:13:57.940 --> 00:14:01.210 Binance. When asked if his bicycle kick goal 00:14:01.210 --> 00:14:04.289 was his best ever, Ronaldo confidently affirmed 00:14:04.289 --> 00:14:08.090 that it was, but the lie detector machine disagreed, 00:14:08.149 --> 00:14:11.529 indicating that he was lying. This revelation 00:14:11.529 --> 00:14:14.870 has stirred up a mixed reaction within the community. 00:14:15.610 --> 00:14:18.830 Cardano, a blockchain platform, has been experiencing 00:14:18.830 --> 00:14:21.289 significant growth in its transaction volume. 00:14:21.710 --> 00:14:25.009 Since January, the platform has witnessed a staggering 00:14:25.009 --> 00:14:29.309 1 ,700 % increase in user engagement and interest. 00:14:29.789 --> 00:14:32.330 This is happening even as the overall cryptocurrency 00:14:32.330 --> 00:14:36.210 market remains relatively flat. Cardano's progress 00:14:36.210 --> 00:14:38.789 is certainly worth following. A feud between 00:14:38.789 --> 00:14:41.269 the founders of Gala Games, a blockchain -based 00:14:41.269 --> 00:14:44.419 gaming platform, has taken a bitter turn. Both 00:14:44.419 --> 00:14:46.620 co -founders have filed lawsuits against each 00:14:46.620 --> 00:14:49.759 other, accusing one another of misusing tokens 00:14:49.759 --> 00:14:53.379 and corporate misappropriation of funds. The 00:14:53.379 --> 00:14:55.519 value of the tokens involved in this dispute 00:14:55.519 --> 00:14:59.559 is estimated to be around $130 million. This 00:14:59.559 --> 00:15:02.600 is a highly unsettling situation for Gala Games 00:15:02.600 --> 00:15:05.919 and its community. Nigeria has emerged as a global 00:15:05.919 --> 00:15:08.620 leader in crypto awareness, with a staggering 00:15:08.620 --> 00:15:12.100 99 % of its population having heard of cryptocurrencies. 00:15:13.009 --> 00:15:16.929 Additionally, 91 % of Nigerians are ready to 00:15:16.929 --> 00:15:21.169 invest in digital assets. However, it is important 00:15:21.169 --> 00:15:23.909 to note that despite this high level of awareness, 00:15:24.529 --> 00:15:27.009 practical understanding of Web3 technologies 00:15:27.009 --> 00:15:31.190 remains relatively low in the country. Consensys, 00:15:31.769 --> 00:15:34.769 a blockchain software technology company, highlighted 00:15:34.769 --> 00:15:38.210 this discrepancy. The London Stock Exchange, 00:15:38.429 --> 00:15:42.049 LSE Group is considering the launch of a trading 00:15:42.049 --> 00:15:45.710 venue powered by blockchain technology. Initially, 00:15:45.809 --> 00:15:48.309 the focus will likely be on private markets, 00:15:48.830 --> 00:15:51.789 aiming to address the inefficiencies and lack 00:15:51.789 --> 00:15:55.610 of transparency often associated with such operations. 00:15:56.090 --> 00:15:58.850 This move by the LSE Group holds great potential 00:15:58.850 --> 00:16:02.309 to reshape the current trading landscape. You 00:16:02.309 --> 00:16:04.629 can read more about this exciting development 00:16:04.629 --> 00:16:08.820 on the Bitcoin Street Journal .com cryptocurrency 00:16:08.820 --> 00:16:12.960 scammers have struck again, draining over $200 00:16:12.960 --> 00:16:17.500 ,000 from a British woman. The victim from Norfolk 00:16:17.500 --> 00:16:20.899 expressed her shock and devastation, stating 00:16:20.899 --> 00:16:23.220 that she is struggling to come to terms with 00:16:23.220 --> 00:16:27.899 the ruthlessness of some individuals. This unfortunate 00:16:27.899 --> 00:16:31.080 incident serves as a reminder to remain vigilant 00:16:31.080 --> 00:16:34.139 and cautious when navigating the crypto space. 00:16:35.759 --> 00:16:38.529 For more information on this incident, head over 00:16:38.529 --> 00:16:43.409 to the bitcoinstreetjournal .com. Bitcoin has 00:16:43.409 --> 00:16:47.490 witnessed inflows amidst an overall apathetic 00:16:47.490 --> 00:16:50.830 market. Despite the lackluster market condition, 00:16:51.370 --> 00:16:55.529 Bitcoin products recorded $3 .8 million of inflows 00:16:55.529 --> 00:16:58.330 following Grayscale's legal victory against the 00:16:58.330 --> 00:17:01.850 SEC. This demonstrates the resilience and continued 00:17:01.850 --> 00:17:04.769 interest in Bitcoin despite the current market 00:17:04.769 --> 00:17:07.589 sentiment. You can find more insights on this 00:17:07.589 --> 00:17:11.349 topic at the BitcoinStreetJournal .com. While 00:17:11.349 --> 00:17:14.289 Bitcoin's price has remained relatively stagnant 00:17:14.289 --> 00:17:18.690 below $26 ,000, some altcoins have fared even 00:17:18.690 --> 00:17:22.809 worse. Gala, in particular, has been one of the 00:17:22.809 --> 00:17:26.369 poorest performers on a weekly scale. Reports 00:17:26.369 --> 00:17:29.289 of internal conflicts among co -founders have 00:17:29.289 --> 00:17:32.029 contributed to this decline in Gala's performance. 00:17:32.359 --> 00:17:35.240 To stay up to date on the market trends and specific 00:17:35.240 --> 00:17:38.700 altcoin performances, visit the BitcoinStreetJournal 00:17:38.700 --> 00:17:42.920 .com. Lastly, Shibarium, an essential development 00:17:42.920 --> 00:17:45.880 in the Shiba Inu ecosystem, has recently gone 00:17:45.880 --> 00:17:48.920 live. The importance of this development and 00:17:48.920 --> 00:17:51.380 its potential impact on the SHIB token is discussed 00:17:51.380 --> 00:17:54.539 in a recent video. For a detailed analysis and 00:17:54.539 --> 00:17:57.319 insights into this development, check out the 00:17:57.319 --> 00:18:00.880 provided YouTube link. That's all for now, folks. 00:18:01.099 --> 00:18:03.740 Stay informed and keep exploring the exciting 00:18:03.740 --> 00:18:13.279 world of cryptocurrencies. There's been some 00:18:13.279 --> 00:18:15.279 interesting news in the crypto world lately, 00:18:15.279 --> 00:18:18.359 and one particularly intriguing story comes from 00:18:18.359 --> 00:18:22.299 Turkey. According to a report by KuCoin, about 00:18:22.299 --> 00:18:25.119 half of the people in Turkey now own cryptocurrency. 00:18:25.880 --> 00:18:27.700 This highlights a trend we've been observing 00:18:27.700 --> 00:18:30.000 in other countries that are struggling with rapid 00:18:30.000 --> 00:18:33.549 inflation. It seems that as traditional financial 00:18:33.549 --> 00:18:36.529 systems become uncertain, more and more people 00:18:36.529 --> 00:18:39.089 are turning to crypto as a means of preserving 00:18:39.089 --> 00:18:42.529 their wealth. In other news, there's a startup 00:18:42.529 --> 00:18:45.849 called Oxa that wants to revolutionize your morning 00:18:45.849 --> 00:18:48.890 commute using artificial intelligence. After 00:18:48.890 --> 00:18:53.470 a successful $140 million Series C fundraise, 00:18:53.849 --> 00:18:56.609 Oxa is ready to introduce its driverless shuttles 00:18:56.609 --> 00:18:59.549 in Florida. Imagine hopping into a futuristic 00:18:59.549 --> 00:19:02.710 vehicle that uses AI to optimize your route and 00:19:02.710 --> 00:19:05.250 make your commute more efficient. This could 00:19:05.250 --> 00:19:07.910 be a game changer for many people who spend hours 00:19:07.910 --> 00:19:10.910 stuck in traffic every day. If you're into digital 00:19:10.910 --> 00:19:13.690 art, you might be interested in Trevor Jones's 00:19:13.690 --> 00:19:17.490 Castle Party. Taking place just outside of Paris, 00:19:18.089 --> 00:19:20.089 this event brings together some of the biggest 00:19:20.089 --> 00:19:22.670 names in the digital art world for a weekend 00:19:22.670 --> 00:19:26.420 of fine dining and celebration. Trevor Jones 00:19:26.420 --> 00:19:29.500 himself calls it a grand party, and it's a great 00:19:29.500 --> 00:19:32.299 opportunity to connect with fellow art enthusiasts 00:19:32.299 --> 00:19:35.319 and explore the ever -evolving world of digital 00:19:35.319 --> 00:19:39.500 art. Moving on to the world of Twitter, there's 00:19:39.500 --> 00:19:42.160 been quite a buzz surrounding Grayscale and the 00:19:42.160 --> 00:19:45.599 SEC. A federal court recently dealt a blow to 00:19:45.599 --> 00:19:48.599 the SEC, which caused the agency to delay its 00:19:48.599 --> 00:19:52.420 decision on six Bitcoin ETF applications. This 00:19:52.420 --> 00:19:54.960 has sparked a lot of discussion and speculation 00:19:54.960 --> 00:19:58.079 on crypto Twitter. It's clear that the crypto 00:19:58.079 --> 00:20:00.539 community is watching these developments closely, 00:20:00.940 --> 00:20:03.259 as they could have a significant impact on the 00:20:03.259 --> 00:20:06.259 future of Bitcoin ETFs and the broader crypto 00:20:06.259 --> 00:20:09.960 market. Unfortunately, not all news in the crypto 00:20:09.960 --> 00:20:13.549 world is positive. The SEC has charged a man 00:20:13.549 --> 00:20:16.329 from Hawaii for running a fake crypto pump and 00:20:16.329 --> 00:20:19.509 dump scheme. This individual allegedly misled 00:20:19.509 --> 00:20:22.069 investors, claiming that he planned to convert 00:20:22.069 --> 00:20:24.789 securities into cryptocurrency as part of his 00:20:24.789 --> 00:20:27.349 scheme. It's a stark reminder that the crypto 00:20:27.349 --> 00:20:30.069 industry is still vulnerable to scams and fraud, 00:20:30.710 --> 00:20:33.230 and regulators need to remain vigilant in protecting 00:20:33.230 --> 00:20:37.329 investors. In tech news, Decrypt reports on the 00:20:37.329 --> 00:20:40.990 best ways to run stable diffusion and SDXL on 00:20:40.990 --> 00:20:45.549 an Apple Silicon Mac. If you're an AI art enthusiast, 00:20:46.009 --> 00:20:48.190 this information could be especially relevant 00:20:48.190 --> 00:20:51.609 to you. The go -to image generator for AI art 00:20:51.609 --> 00:20:54.309 can now be installed on Apple's latest hardware, 00:20:54.849 --> 00:20:57.890 unlocking new possibilities for artists and enthusiasts 00:20:57.890 --> 00:21:01.690 alike. Moving on to blockchain developments, 00:21:01.950 --> 00:21:05.029 there's been some talk about Ethereum and Solana. 00:21:05.329 --> 00:21:07.789 Rune Christensen, the co -founder of MakerDAO, 00:21:08.190 --> 00:21:10.930 has expressed his belief that Solana is a better 00:21:10.930 --> 00:21:14.569 fit as the basis for MakerDAO's new blockchain. 00:21:15.150 --> 00:21:17.410 This migration would have significant implications 00:21:17.410 --> 00:21:20.069 for both Ethereum and Solana, and it's worth 00:21:20.069 --> 00:21:24.029 keeping an eye on how this story unfolds. Binance, 00:21:24.210 --> 00:21:26.349 one of the largest cryptocurrency exchanges, 00:21:26.890 --> 00:21:31.299 has also been making headlines. CEO CZ has emphasized 00:21:31.299 --> 00:21:33.259 that Binance is ahead of the game when it comes 00:21:33.259 --> 00:21:36.319 to US regulations. Despite increased scrutiny 00:21:36.319 --> 00:21:39.460 and FUD, fear, uncertainty, and doubt directed 00:21:39.460 --> 00:21:43.440 at his company, CZ remains confident that Binance 00:21:43.440 --> 00:21:46.599 is compliant with US regulations. It's interesting 00:21:46.599 --> 00:21:50.160 to see how different exchanges are navigating 00:21:50.160 --> 00:21:53.750 the complex regulatory landscape. In the world 00:21:53.750 --> 00:21:56.630 of staking, there are concerns about centralization. 00:21:57.089 --> 00:21:59.650 Community members are warning that the staking 00:21:59.650 --> 00:22:03.529 protocol, LIDO, could become too centralized, 00:22:04.150 --> 00:22:06.829 potentially undermining the decentralized nature 00:22:06.829 --> 00:22:10.210 of Ethereum. As staking becomes more popular, 00:22:10.769 --> 00:22:13.309 it's crucial to ensure that the network remains 00:22:13.309 --> 00:22:18.130 secure and decentralized. Finally, there's news 00:22:18.130 --> 00:22:21.230 about Vitalik Buterin. the co -founder of Ethereum. 00:22:21.690 --> 00:22:26.049 Buterin recently sold $580 ,000 worth of MakerDAO's 00:22:26.049 --> 00:22:30.970 MKR tokens. This comes as MakerDAO plans to launch 00:22:30.970 --> 00:22:34.789 a new Solana -based app chain. It's always fascinating 00:22:34.789 --> 00:22:37.430 to see what projects and developments crypto 00:22:37.430 --> 00:22:40.390 pioneers like Buterin are involved in. That's 00:22:40.390 --> 00:22:42.849 a wrap for this week's crypto news. From the 00:22:42.849 --> 00:22:45.369 growing adoption of crypto in Turkey to the latest 00:22:45.369 --> 00:22:48.130 technological advancements and regulatory developments, 00:22:48.609 --> 00:22:50.910 the crypto world continues to be a vibrant and 00:22:50.910 --> 00:22:54.230 dynamic space. Stay tuned for more updates in 00:22:54.230 --> 00:23:00.150 the exciting world of cryptocurrency. Hey there! 00:23:00.430 --> 00:23:02.769 Let's dive into some interesting news from the 00:23:02.769 --> 00:23:06.890 crypto world. First up, the price of Stellar 00:23:06.890 --> 00:23:11.359 XLM has surged by a whopping 10 % in the past 00:23:11.359 --> 00:23:15.720 day. Quite impressive, isn't it? Meanwhile, the 00:23:15.720 --> 00:23:18.839 overall crypto market seems to be trading flat. 00:23:19.779 --> 00:23:22.099 In other news, the London Stock Exchange Group 00:23:22.099 --> 00:23:24.920 has some exciting plans. They are gearing up 00:23:24.920 --> 00:23:28.680 to create an end -to -end digital market ecosystem. 00:23:29.420 --> 00:23:32.500 How do they plan to achieve this? Well, brace 00:23:32.500 --> 00:23:35.359 yourself. It's powered by blockchain technology. 00:23:36.459 --> 00:23:40.000 This infrastructure and data provider aims to 00:23:40.000 --> 00:23:42.660 transform the financial markets with the help 00:23:42.660 --> 00:23:45.680 of blockchain. Now, let's talk about Gala Games. 00:23:46.660 --> 00:23:48.900 Unfortunately, the co -founders of this gaming 00:23:48.900 --> 00:23:52.220 company are embroiled in a legal battle. Both 00:23:52.220 --> 00:23:54.839 sides have filed lawsuits against each other, 00:23:55.099 --> 00:23:58.380 accusing theft or corporate waste. The staggering 00:23:58.380 --> 00:24:00.619 claim is that the company suffered a loss of 00:24:00.619 --> 00:24:04.319 a mind -boggling nine -digit sum. It's always 00:24:04.319 --> 00:24:06.539 disheartening to see such internal conflicts 00:24:06.539 --> 00:24:10.599 within a company. Switching gears, there is an 00:24:10.599 --> 00:24:13.880 indie film studio called Pigeon Shrine that is 00:24:13.880 --> 00:24:17.440 making waves in the industry. They are pioneering 00:24:17.440 --> 00:24:21.859 a revolutionary concept known as synth -assisted 00:24:21.859 --> 00:24:25.019 production, which involves using artificial intelligence 00:24:25.019 --> 00:24:28.440 in the filmmaking process. According to the studio's 00:24:28.440 --> 00:24:31.059 founder and CEO, this innovation is creating 00:24:31.059 --> 00:24:34.700 new job opportunities in the film industry. Exciting 00:24:34.700 --> 00:24:37.400 stuff, isn't it? It seems as though Binance, 00:24:37.519 --> 00:24:39.960 one of the prominent crypto exchanges, is going 00:24:39.960 --> 00:24:42.859 through some personnel changes. Mayur Kamat, 00:24:42.920 --> 00:24:44.859 the head of product, is the latest executive 00:24:44.859 --> 00:24:47.720 to step down from the company. This departure 00:24:47.720 --> 00:24:50.960 comes amidst regulatory challenges faced by the 00:24:50.960 --> 00:24:53.799 exchange. We'll have to keep an eye on how Binance 00:24:53.799 --> 00:24:59.519 navigates these headwinds. Next up, we have some 00:24:59.519 --> 00:25:02.380 news from the world of crypto gambling. Stake, 00:25:02.640 --> 00:25:05.240 a popular crypto casino backed by none other 00:25:05.240 --> 00:25:08.059 than Drake himself, has encountered some troubles. 00:25:08.680 --> 00:25:12.279 A significant sum of $40 million has gone missing 00:25:12.279 --> 00:25:15.799 due to suspicious transfers. There are questions 00:25:15.799 --> 00:25:18.259 about whether it was a hack or something else 00:25:18.259 --> 00:25:21.380 entirely. The platform is currently grappling 00:25:21.380 --> 00:25:25.059 with this alarming situation. Shifting our focus, 00:25:25.339 --> 00:25:27.299 researchers from the University of Cincinnati 00:25:27.299 --> 00:25:29.779 have highlighted the potential of cryptocurrencies 00:25:29.779 --> 00:25:33.660 in improving financial literacy. They have even 00:25:33.660 --> 00:25:37.019 developed a crypto literacy scale which aims 00:25:37.019 --> 00:25:40.299 to gauge investors' education levels in this 00:25:40.299 --> 00:25:44.140 space. It's great to see academia recognizing 00:25:44.140 --> 00:25:47.240 the educational value that cryptocurrencies can 00:25:47.240 --> 00:25:50.220 bring. Now, let's talk about the crypto market 00:25:50.220 --> 00:25:52.940 as a whole. While it might appear calm on the 00:25:52.940 --> 00:25:55.700 surface, there's a lot more action happening 00:25:55.700 --> 00:25:58.880 beneath. According to analysts, there may have 00:25:58.880 --> 00:26:03.119 been only $11 .2 million in outflows, but the 00:26:03.119 --> 00:26:06.680 real news is the massive $2 .8 billion in trading 00:26:06.680 --> 00:26:10.339 volume. So, even though things might seem tranquil, 00:26:10.920 --> 00:26:13.700 the crypto market is swimming like mad below 00:26:13.700 --> 00:26:17.480 the surface. Moving on, it's time to shine the 00:26:17.480 --> 00:26:20.569 spotlight on Solana. According to a report by 00:26:20.569 --> 00:26:23.930 CoinShares, it is considered the most loved altcoin 00:26:23.930 --> 00:26:27.410 among investors. While altcoin crypto funds have 00:26:27.410 --> 00:26:30.670 experienced withdrawals, Solana has been an exception. 00:26:31.630 --> 00:26:34.190 It's fascinating to witness the preferences of 00:26:34.190 --> 00:26:37.329 crypto investors and how certain altcoins can 00:26:37.329 --> 00:26:40.329 capture their interest. In the world of artificial 00:26:40.329 --> 00:26:43.210 intelligence, OpenAI has integrated its chat 00:26:43.210 --> 00:26:47.279 GPT into Canva. This collaboration aims to sharpen 00:26:47.279 --> 00:26:50.279 Canva's competitive edge in the field of AI. 00:26:51.339 --> 00:26:55.039 Now, users of ChatGPT Plus can easily interact 00:26:55.039 --> 00:26:58.519 with Canva directly through OpenAI's bot, streamlining 00:26:58.519 --> 00:27:01.900 their workflow. It's exciting to see AI technologies 00:27:01.900 --> 00:27:05.880 merging to enhance user experiences. Lastly, 00:27:06.119 --> 00:27:08.420 Casio is bringing their G -Shock watch brand 00:27:08.420 --> 00:27:12.369 into the metaverse through Polygon NFTs. In an 00:27:12.369 --> 00:27:14.789 effort to foster a community of collaborators, 00:27:15.509 --> 00:27:19.549 Casio will be dropping free NFTs. These NFTs 00:27:19.549 --> 00:27:22.950 will enable users to co -create virtual G -Shock 00:27:22.950 --> 00:27:26.049 watches. It's interesting how traditional brands 00:27:26.049 --> 00:27:29.109 are jumping into the NFT space, embracing the 00:27:29.109 --> 00:27:31.950 possibilities of the metaverse. That's it for 00:27:31.950 --> 00:27:34.829 now. We covered some fascinating news from the 00:27:34.829 --> 00:27:37.789 crypto world ranging from surging prices and 00:27:37.789 --> 00:27:40.789 blockchain powered markets to legal battles and 00:27:40.789 --> 00:27:44.589 AI powered film production. Stay tuned for more 00:27:44.589 --> 00:27:47.069 exciting updates in the ever evolving world of 00:27:47.069 --> 00:27:56.869 cryptocurrency and technology. Hey there, we've 00:27:56.869 --> 00:27:59.289 got some exciting news to share with you. We're 00:27:59.289 --> 00:28:01.829 now available on a bunch of awesome platforms 00:28:01.829 --> 00:28:04.509 that you might already be familiar with. Are 00:28:04.509 --> 00:28:08.569 you ready? Here we go. Fountain .com, Noster 00:28:08.569 --> 00:28:14.730 .Build, Spotify, Amazon Music, RSS .com, Pandora, 00:28:15.289 --> 00:28:19.029 Samsung Podcasts, Apple iTunes, iHeart Radio, 00:28:19.269 --> 00:28:23.410 and the list goes on. We've made sure to cover 00:28:23.410 --> 00:28:26.450 all your favorite high -quality podcast platforms. 00:28:26.990 --> 00:28:30.230 Now, here comes the fun part. We'd love it if 00:28:30.230 --> 00:28:32.289 you could show us some love and support by doing 00:28:32.289 --> 00:28:35.589 a few simple things. First up, give us a like. 00:28:36.069 --> 00:28:38.630 Yep, just a tiny little thumbs up can go a long 00:28:38.630 --> 00:28:41.190 way in helping us reach more people who might 00:28:41.190 --> 00:28:44.490 enjoy the Bitcoin Street Journal. Next, we're 00:28:44.490 --> 00:28:48.130 all about sharing the love. So, if you're feeling 00:28:48.130 --> 00:28:51.170 generous, hit that share button and let your 00:28:51.170 --> 00:28:53.529 friends, family, and colleagues know about us. 00:28:53.869 --> 00:28:56.619 Spread the word. and help us grow our community. 00:28:57.460 --> 00:29:00.740 And lastly, the cherry on top, go ahead and hit 00:29:00.740 --> 00:29:03.740 that magical subscribe button. By subscribing, 00:29:03.799 --> 00:29:06.819 you won't miss a thing. You'll get notified every 00:29:06.819 --> 00:29:09.480 time we release a new episode, ensuring you're 00:29:09.480 --> 00:29:11.859 always up to date with the latest and greatest 00:29:11.859 --> 00:29:14.720 from the Bitcoin Street Journal. Thanks a million 00:29:14.720 --> 00:29:18.019 for tuning in and your incredible support. Let's 00:29:18.019 --> 00:29:20.299 make this journey even more exciting together. 00:29:29.420 --> 00:29:32.480 In this episode, we covered a range of topics 00:29:32.480 --> 00:29:36.539 including Gary Gensler leaving SEC, Bitcoin adoption 00:29:36.539 --> 00:29:40.720 in Germany and UK, FTX customer funds misused, 00:29:41.259 --> 00:29:43.539 the increasing number of Bitcoin addresses with 00:29:43.539 --> 00:29:47.160 a non -zero balance, Ethereum's market performance, 00:29:47.799 --> 00:29:51.640 the prediction of a spot, Bitcoin ETF in America, 00:29:52.599 --> 00:29:55.900 Turkey's booming crypto market, the latest news 00:29:55.900 --> 00:29:59.619 on Stellar and Gala games. regulatory scrutiny 00:29:59.619 --> 00:30:03.440 faced by Binance, and the integration of AI -powered 00:30:03.440 --> 00:30:06.460 film production with crypto. Thank you for tuning 00:30:06.460 --> 00:30:09.720 in to the Bitcoin Street Journal. Bitcoin Market 00:30:09.720 --> 00:30:13.920 Update, your go -to source for daily live. Bitcoin 00:30:13.920 --> 00:30:17.599 Market Updates, current Bitcoin technical analysis, 00:30:18.220 --> 00:30:22.119 BTC price fluctuations, market capitalization, 00:30:22.339 --> 00:30:25.000 and market supply. Make sure to subscribe and 00:30:25.000 --> 00:30:26.220 join us for our next episode.