Welcome to the Bitcoin Street Journal. Bitcoin
Market Update, the podcast that brings you daily
live updates on the ever -changing Bitcoin market.
Stay informed with our in -depth Bitcoin technical
analysis as we explore the current price of Bitcoin,
BTC, market capitalization, and market supply.
Get ready to dive into the world of cryptocurrency
and stay ahead of the game. In today's episode,
we'll cover Deutsche Bank partnering with Taurus
for Bitcoin custody, Macquarie Bank eliminating
cash at branches, Binance US executives resigning
Bitcoin adoption in Costa Rica F2 pool returning
overpaid fees to Paxos Australian banks cracking
down on cash withdrawals the halving of Bitcoin
nab closing accounts without explanation Bitcoin
surpassing PayPal and nearing visa Bitcoin adoption
in Lebanon the release of a Bitcoin house heater
prototype Prince Philip of Serbia speaking at
Bitcoin Amsterdam SEC requesting inspection of
Binance US Bitcoin being accepted in Ojuchal,
Costa Rica, Bitcoin difficulty adjustment Nomura
launching a Bitcoin fund, Bitcoin Hashrate reaching
an all -time high, a Bitcoin whale transferring
2100 Bitcoin at profit, Bitcoin dominance being
above 50%, KSI explaining Bitcoin, Bitcoin transactions
increasing in Nigeria and Uganda due to inflation,
and Bitcoin being described as freedom money
and an energy -based currency. Hey there, folks.
I've got some exciting news for you in the world
of cryptocurrency. Today we're going to dive
into some interesting developments in the Bitcoin
space that you won't want to miss. So let's get
right into it. First up, we have some big news
from the renowned asset manager Deutsche Bank.
They've recently partnered with a Swiss company
called Taurus to offer Bitcoin custody services
to their institutional clients. This move signifies
the growing interest and recognition of Bitcoin
as a valuable asset in the financial industry.
In other news, Bitcoin is gaining even more popularity
among the masses. Did you know that on September
8th, Bitcoin's Wikipedia page registered a whopping
7830 views? That's the highest number of views
in 2023 so far. It just goes to show how much
attention this revolutionary digital currency
is attracting. But that's not all, my friends.
We also have some exciting news regarding Bitcoin
mining and its impact on the environment. Bloomberg
Intelligence has confirmed that over 50 % of
Bitcoin mining is powered by renewable energy
sources. This is a significant milestone for
the cryptocurrency industry as it addresses concerns
about the environmental impact of mining operations.
Moving on, in an unexpected turn of events, Macquarie
Bank in Australia has announced their plans to
eliminate cash at their branches. It seems they
want total control. And guess what? Bitcoin can
fix this. With Bitcoin, individuals have complete
ownership and control over their funds, eliminating
the need for intermediaries like traditional
banks. Talk about taking charge of your finances.
Now let's switch gears a bit and talk about something
fun. Have you heard about the Bitcoin mining
board game? Yeah, you heard that right. It's
a game that lets you experience the thrill of
mining bitcoins in a virtual setting. Sounds
pretty cool, doesn't it? Who knew you could combine
learning about cryptocurrency with a fun and
interactive game? Speaking of learning, let's
take a moment to dive into some interesting facts
about the cost of producing physical currency.
Did you know that it costs more to mint a five
cents nickel than it does to print a dollar one
hundred bill? It's mind boggling, right? And
guess what? It's all fake. That's where Bitcoin
comes in. Bitcoin is a decentralized digital
currency that operates outside of the traditional
financial system. With Bitcoin, you can study
it, become ungovernable, and opt out of the existing
system. In recent news, we have seen some shakeups
happening at Binance US. The chief risk officer,
Sidney Majalia, as well as the head of legal,
Krishna Juvati, have decided to step down following
increased pressure from regulators. This comes
after Binance US CEO Brian Schroeder also left
the company earlier this week. It will be interesting
to see how these changes impact the future of
the exchange. Now let's talk about Bitcoin dominance.
It's back over 50%. This means that Bitcoin's
market capitalization is once again more than
50 % of the total cryptocurrency market. It's
a sign of Bitcoin's strength and resilience in
the face of competition from other cryptocurrencies.
Breaking news, Swann, a US -based Bitcoin company,
has announced a partnership with BitGo to launch
the first Bitcoin -only US custodian. This is
a significant step forward in providing secure
storage solutions for Bitcoin, especially for
institutional investors. In another exciting
development, Saifadeen Ammas, the author of The
Bitcoin Standard, managed to orange -pill the
renowned psychologist Dr. Jordan Peterson on
the topic of Bitcoin. Orange Pilling refers to
the act of educating someone about the benefits
and potential of Bitcoin. It's always great to
see influential figures becoming more aware and
interested in the world of cryptocurrencies.
And finally, we have some news from Canada. Leading
Canadian Bitcoin exchange BullBitcoin is teaming
up with SynP Movil, Costa Rica's top payment
provider, to facilitate seamless Bitcoin swaps.
This partnership will make it even easier for
people to buy and sell Bitcoin using their local
currency, promoting the adoption and use of digital
currencies. In more exciting news, a Singapore
-based investment management and SaaS provider
firm called SMI Vantage is planning to launch
a Bitcoin mining facility in Malaysia. This shows
how the interest in Bitcoin mining is spreading
across the globe, with companies looking to harness
the power of this innovative technology. And
that's a wrap on today's cryptocurrency news.
We've covered a lot of ground from institutional
custody services to Bitcoin's impact on the environment
and even a Bitcoin mining board game. It's clear
that the world of Bitcoin is constantly evolving
and making waves in the financial industry. Stay
tuned for more updates on this exciting journey.
Bitcoin adoption is skyrocketing in Costa Rica.
It's really exciting to see how this digital
currency is gaining popularity in different parts
of the world. And speaking of Bitcoin, F2Pool
recently returned a whopping 19 .8 Bitcoin as
an overpaid fee back to Paxos. What a great act
of goodwill. Now let's switch gears and talk
about Australia. There's some interesting information
coming in. Apparently, the biggest banks in Australia
are cracking down on cash withdrawals. They are
closing ATMs and even banning the use of cash.
It's quite surprising, isn't it? I wonder what
the rationale behind this move is. If you want
to learn more about it, you can check out the
article from Bitcoin Magazine. By the way, if
there are any Australians out there, can you
confirm if this is true? It's always helpful
to hear from people on the ground and get their
perspective on the matter. Moving on, let's shift
our focus to Argentina. It seems that Tucker
Carlson, a prominent figure, recently exchanged
$1 .00 into stacks of Argentine pesos. It's interesting
to see these kinds of exchanges happen, not just
in Argentina, but in many other countries as
well. But hey, there's an alternative to opting
into this system. Bitcoin. With Bitcoin, you
have control over your own money, which is pretty
cool if you ask me. If you're wondering how more
countries can adopt Bitcoin without going directly
against the International Monetary Fund, IMF.
Samson Moe has some insights. He explains the
potential ways countries can embrace Bitcoin
and not face the wrath of the IMF. It's fascinating
to see how this technology can disrupt the traditional
financial system without causing head on conflicts.
Now, let's talk about the economy. In times of
economic downturn, there's always a worry. However,
some people claim that there's an infinite amount
of cash at the Fed. Of course, that statement
is dripping with sarcasm. It's one of the reasons
why people turn to Bitcoin. They want to take
control of their own finances and not rely on
centralized authorities. It's a way to say F
asterisk CK the Fed. Hey, did you know that the
oldest known Bitcoin price chart had a starting
price of zero point zero zero three dollars?
It's incredible to see how far Bitcoin has come
since then. With all its ups and downs, it has
truly made its mark in the world of finance.
Who would have thought? Moving on, let's shift
our attention back to the United States. Senator
Bill Haggerty recently claimed that Operation
Chokepoint 2 .0 is now live and aims to target
the crypto and bitcoin industry in the US. Honestly,
this shouldn't come as a surprise anymore. We've
seen how governments and regulators try to restrict
or control the power of cryptocurrencies. So
it's essential for us to stay informed and act
accordingly to protect our interests. Speaking
of the US, there's something interesting happening
at Tabconf ATL. Bitcoinized point of sale, POS,
and Lazarai NFC cards are currently being tested.
It's an exciting development in the world of
Bitcoin. Can you imagine using these advanced
technologies for your everyday transactions?
Personally, I find it fascinating, but I'm still
not ready to spend my precious SATs just yet.
Maybe in the future. Hey, check this out. There's
a Bitcoin -themed chess set now. How cool is
that? It's great to see how Bitcoin is becoming
a part of various aspects of our lives. even
in the world of tabletop games like chess. It's
a testament to the growing presence and acceptance
of this digital currency. And finally, let's
talk about Gemini. They recently accused digital
currency group DCG of fraudulent activities and
not taking responsibility for the damages caused
to creditors. According to Gemini, DCG borrowed
significant amounts of Bitcoin from Genesis after
the collapse of 3AC without injecting any real
value into Genesis. This just highlights the
importance of self -custody. When you hold your
own Bitcoin, you have more control over your
assets and can mitigate risks associated with
third -party custody. So there you have it, a
roundup of some interesting Bitcoin related news
and developments. It's fascinating to see how
Bitcoin is gaining traction in different countries,
challenging the traditional financial system
and becoming a part of our everyday lives in
various ways. It's an exciting time to be involved
in the world of cryptocurrencies. Alright, let's
dive into some interesting updates in the world
of Bitcoin. It's an exciting time to be involved,
especially considering there are still 29 more
halvings to come. We're definitely early adopters,
so let's take advantage of that opportunity.
In some recent news, it seems like there's a
bit of a stir happening in Australia. The National
Australia Bank, NAB, apparently closed the bank
account of a longtime Bitcoin holder without
any explanation. Now that's definitely something
to raise an eyebrow at. It's moments like these
that make you wonder if it's time to opt out
of the traditional banking system while you still
can. Speaking of opting out, Bitcoin has been
making some serious waves in terms of its transaction
volume. In fact, the money sent via Bitcoin this
year has surpassed the likes of PayPal and is
even getting closer to Visa. Impressive, right?
It just goes to show that when it comes to sending
money, Bitcoin is certainly leading the way.
Now let's head over to the UK, where Satoshi's
Place, a Bitcoin hub, is celebrating its one
-year anniversary. It's great to see the Bitcoin
community thriving in various parts of the world.
And remember, when it comes to Bitcoin, there
really is no second best. It's the real deal.
Speaking of interesting Bitcoin adoption stories,
let's take a trip to Latvia. Imagine being able
to buy food using a Bitcoin wallet that's conveniently
programmed into a smart finger ring. Yes, you
heard that right. It's innovation like this that
makes Bitcoin even more accessible and practical
in our day -to -day lives. Now let's shift gears
and delve into an intriguing theory presented
by Miles Franklin's CEO, Andy Sheckman. He believes
that America's debt spiral will eventually lead
to the introduction of a compulsory central bank
digital currency, CBDC. It's certainly something
to keep an eye on, especially considering the
potential implications for the wider crypto space.
And here's a thought -provoking statement for
you. The fact is, the Roman Empire collapsed
because it didn't have Bitcoin. This quote from
Bitpain really makes you ponder the value of
having a decentralized, censorship -resistant
store of value like Bitcoin. It goes to show
the power and potential impact of this digital
currency. Let's head over to Lebanon now. and
take a look at how Bitcoin adoption is unfolding
there. Macro3 Cafe, a restaurant with eight branches
across the country, has started accepting payments
via the Lightning Network. This is a prime example
of how businesses are actively embracing the
benefits of Bitcoin, and it's great to see its
practical applications in action. Now, moving
on to a couple of interesting sightings that
have caught people's attention. In Innsbruck,
Austria, a massive Bitcoin logo was projected
onto a historic castle. What a sight to behold.
It just goes to show the growing recognition
and presence of Bitcoin in various parts of the
world. And let's not forget Zurich Airport in
Switzerland, where an eagle -eyed individual
recently spotted something intriguing. A Bitcoin
enthusiast shared a photo of what looks like
a Bitcoin -related display or signage at the
airport. The signs are quite literally everywhere,
my friends. Now let's take a moment to reflect
on the origins of Bitcoin and debunk a common
misconception. It's important to understand that
Bitcoin didn't magically appear out of thin air.
It was built upon decades of innovation, experiments,
and failures. This reality challenges the notion
that someone can simply create a better version,
too, of Bitcoin overnight. So let's appreciate
the underlying foundation and history that has
brought us to this point. Now, brace yourselves
for a rather amusing sighting. The skull of Satoshi
was spotted on the streets of NYC. Okay, let's
not jump to conclusions here. We're not saying
Satoshi Nakamoto has been resurrected, but it's
always interesting to see the creative ways in
which Bitcoin enthusiasts express their passion
and support for this groundbreaking technology.
Now here's some exciting news. The number of
non -zero addresses holding less than 0 .1 Bitcoin
has reached a new all -time high. This shows
that people from all walks of life are participating
in the Bitcoin ecosystem, and it's encouraging
to see the widespread adoption and involvement.
And speaking of involvement, let's take a moment
to appreciate the enthusiasm of the Bitcoin community,
also known as plebs. These individuals are spreading
the message and actively promoting the benefits
and potential of Bitcoin. Their dedication and
effort are vital in ensuring the continued growth
and success of this decentralized digital currency.
We're not done yet. Let's take a trip to Istanbul,
where signs of Bitcoin's transformative power
are becoming increasingly evident. Although it
may not be considered a global Bitcoin hub just
yet, the Bitcoin explorers are on a journey to
explore Turkey's transformation amidst the staggering
60 % annual inflation rate. It's an eye -opening
adventure that showcases the true value and impact
of Bitcoin in different parts of the world. Last
but not least, Let's make a quick stop in Finland.
It seems that paying with Bitcoin is becoming
more commonplace, even at restaurants. Here we
have an example of paying with Bitcoin using
the lightning network at a restaurant in Finland.
It's remarkable to see how Bitcoin is being integrated
into our everyday transactions. So let's keep
our eyes peeled for further developments and
opportunities within the world of Bitcoin. Remember,
we're still in the early stages. and the potential
for growth and innovation is practically limitless.
Until next time, fellow Bitcoin enthusiasts.
Hey there! Let's dive into some interesting Bitcoin
news and updates that have been making waves
recently. First up, we have the third iteration
of the Bitcoin house heater prototype. This innovative
concept aims to combine heating your home with
mining Bitcoin. It's an exciting development
that shows the creative ways in which cryptocurrencies
can be integrated into everyday life. In more
news, Prince Philip of Serbia is set to speak
at Bitcoin Amsterdam. He believes that we need
a form of currency that is resistant to inflation.
And according to him, Bitcoin is the solution.
It's always interesting to see public figures
voicing their support for cryptocurrencies and
exploring potential use cases. Now on to some
regulatory news. The SEC in the United States
has taken action against Binance US requesting
an inspection. The regulatory body claims that
the exchange has failed to produce the required
documents for their ongoing legal proceedings.
This further emphasizes the importance of owning
your own private keys and not leaving your funds
on exchanges. Speaking of not leaving your funds
on exchanges, it's worth reiterating that if
you haven't already, it's a good idea to move
your cryptocurrencies to a safer storage solution.
not your keys, not your coins, is a common saying
in the crypto space, emphasizing the need for
users to control their own private keys and ultimately
have full control over their funds. Bitcoin adoption
continues to spread globally. In Oshochal, Costa
Rica, Bitcoin is now accepted as a form of payment.
This highlights the growing interest and acceptance
of cryptocurrencies in various communities around
the world. Similarly, in Uruguay, People can
even use Bitcoin Lightning to purchase snacks.
This demonstrates how cryptocurrencies can provide
fast and convenient payment options in everyday
transactions. On the technical side of things,
the Bitcoin network is about to experience a
difficulty adjustment in less than 11 hours.
This adjustment, about a 5 .3 % increase, ensures
that the block time remains relatively stable
despite fluctuations in mining power. These adjustments
help maintain the reliable and predictable nature
of the Bitcoin network. It's always interesting
to compare Bitcoin to other forms of wealth storage.
Some argue that Bitcoin is superior to gold.
This ongoing debate prompts discussions about
the characteristics and value propositions of
both assets. Each has its unique qualities, but
Bitcoin's decentralized and scarce nature has
won over many enthusiasts. Shifting our focus
to the financial world, Japanese investment bank
Nomura's crypto arm Laser Digital has launched
a Bitcoin fund. This move shows that Asia is
taking notice of what is happening in the United
States and the lessons they can learn from its
adoption of cryptocurrencies. It's encouraging
to see more institutional players getting involved
in the crypto space. Now let's talk about some
interesting transactions that happened recently.
A Bitcoin whale who had been inactive for six
years made a significant move by transferring
2100 Bitcoin to a new address. The interesting
part is that this transfer resulted in a 377
% profit for the whale. It's fascinating to see
such large -scale movements in the crypto space
and the potential gains that can be made. There's
a tweet from Seb Bunny that caught our attention,
highlighting why Bitcoin is not just a typical
crypto asset. It's an intriguing perspective
that delves into the unique characteristics and
properties of Bitcoin that differentiate it from
other cryptocurrencies. If you're curious to
explore this further, you can find the tweet
by following the link provided. Bitcoin dominance
has again risen above 50%. This means that Bitcoin's
market capitalization is now larger than 50 %
of the entire cryptocurrency market. It's an
interesting metric to track, as it gives insights
into Bitcoin's position as the dominant cryptocurrency.
Finally, we turn our attention to El Salvador's
president, Nayib Bukele. He is set to deliver
a speech at the United Nations and many are curious
if he will mention Bitcoin. As you may know,
El Salvador was the first country to adopt Bitcoin
as legal tender. It's an exciting development
and a bold move that has caught global attention.
So there you have it. That wraps up our overview
of recent Bitcoin news and updates. The world
of cryptocurrencies is always evolving and these
stories highlight the diverse range of events
and developments occurring in the space. Stay
tuned for more exciting updates in the future.
Hey there! Let's dive into some interesting news
about Bitcoin. Last week, the Bitcoin network
broke its own record by processing over 703 ,000
transactions in a single day. That's truly remarkable.
It shows the increasing popularity and usage
of this digital currency. What's even more impressive
is that the supply of Bitcoin that hasn't been
moved for three or more years has reached an
all -time high. It has soared to over 40 % since
September 17th. This indicates that more people
are holding onto their Bitcoin as a long -term
investment. In other parts of the world, Bitcoin
is making waves too. A recent report has found
that Bitcoin transactions have gone up by more
than 10 % in Nigeria and Uganda. This surge in
activity can be attributed to the rising inflation
in these African countries. People are turning
to Bitcoin as a way to protect their wealth.
Bitcoin is often hailed as freedom money because
of its decentralized nature. It provides individuals
with financial sovereignty and cuts out the need
for intermediaries like banks. It's no surprise
that its liquidity on exchanges is approaching
a six -year low. With only 2 .29 million Bitcoin
units available for trading, it's becoming scarcer
by the day. But the excitement doesn't stop there.
The Bitcoin network has just hit a new record
for Hashrati. This means that the computing power
dedicated to mining Bitcoin has reached an all
-time high. This achievement further strengthens
the security and resilience of the Bitcoin network.
In a surprising turn of events, a newly surfaced
video features Hal Finney, a legendary figure
in the Bitcoin space. In the video recorded 25
years ago at a conference called Crypto 98, Finney
discusses zero -knowledge proofs. It's incredible
to hear his voice and witness his forward -thinking
ideas from all those years ago. It's a testament
to the visionary minds that have contributed
to the development of Bitcoin. Bitcoin's influence
has even reached the Netherlands, where the Libertarian
Party erected a billboard proclaiming, Bitcoin
is the future. This shows that there is a growing
awareness and acceptance of Bitcoin as a transformative
technology. However, it's interesting to note
that despite this belief, some people still prefer
to trade their Bitcoin for traditional fiat currencies
instead of holding on to this truly limited and
valuable asset. Finally, let's talk about some
visual expressions of Bitcoin appreciation. Street
art dedicated to Bitcoin has emerged in Barcelona,
Spain. It's great to see how this innovative
currency has inspired artists to create vibrant
and captivating works that capture the essence
of Bitcoin's disruptive power. To conclude, as
Samson Moe rightly said, Bitcoin is an energy
-based money in the form of information. It supersedes
regulation. You cannot regulate information.
This statement reflects the true essence of Bitcoin,
its decentralized nature, and its potential to
revolutionize the financial landscape. In this
episode we discussed a range of topics including
Deutsche Bank partnering with Taurus for Bitcoin
custody, Macquarie Bank eliminating cash at branches,
Binance US executives resigning. Bitcoin adoption
in Costa Rica. F2Pool returning overpaid fees
to Paxos. Australian banks cracking down on cash
withdrawals. The latest Bitcoin halving. NAB
closing an account without explanation. Bitcoin
surpassing PayPal and nearing Visa. Bitcoin adoption
in Lebanon. The release of a Bitcoin house heater
prototype. Prince Philip of Serbia speaking at
Bitcoin Amsterdam. The SEC requesting inspection
of Binance US. Bitcoin being accepted in Oochal,
Costa Rica, Bitcoin difficulty adjustment, Nomura
launching a Bitcoin fund, Bitcoin Hashrate reaching
an all -time high, a Bitcoin whale transferring
2100 Bitcoin at profit, Bitcoin dominance remaining
above 50%, and President Buccalay potentially
mentioning Bitcoin in a UN speech, as well as
KSI explaining Bitcoin, Bitcoin transactions
surging in Nigeria and Uganda due to inflation,
and why Bitcoin is considered freedom money and
an energy -based currency. Thank you for tuning
into the Bitcoin Street Journal. Bitcoin Market
Update, your go -to source for daily live Bitcoin
market updates, current Bitcoin technical analysis,
BTC price fluctuations, market capitalization,
and market supply. Make sure to subscribe and
join us for our next episode.