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 the Pennsylvania house passing the
Cryptocurrency Energy Conservation Act, Australia's
central bank supporting CBDC, Gabbani's production
of Banatoni with solar energy and Bitcoin mining,
the Argentine government abolishing income tax,
Maitou considering selling $100M Bitcoin and
Ethereum, Fidelity updating their Bitcoin ETF
application, Michael Novogratz's expectation
of SEC approving a Bitcoin ETF, stablecoins going
live on Bitcoin with Lightning Labs Taproot assets,
sassmining opening a hydroelectric energy facility
in Paraguay for Bitcoin mining, Samson Mao explaining
liquid network and upcoming Aqua wallet for Le
Tam users, Kathy Wood's optimism about SEC's
new approach towards Bitcoin ETF, and the Nostra's
apps and value for value podcasting revolutionizing
podcast sponsorship. Hey there, let's talk about
some recent developments in the world of cryptocurrency.
First up, we have some news from Pennsylvania.
The Cryptocurrency Energy Conservation Act has
been passed by the House committee, but here's
the twist. They removed the proposal to ban Bitcoin
mining in the state. It seems like the committee
bowed to labor pressure. So it looks like Bitcoin
mining can continue in Pennsylvania, much to
the relief of many. Moving on to Australia, the
country's central bank has made an interesting
statement. They believe that a central bank digital
currency, CBC, and tokenized money could actually
save billions of dollars in domestic financial
markets. It's an idea worth exploring, but not
everyone agrees. Some people argue that no one
needs a CBDC, but we will all need Bitcoin. It's
an ongoing debate that showcases the different
perspectives in the crypto world. Now let's talk
about something exciting happening in Switzerland.
The first Swiss food product created in the new
Gabbani's Sustainable Production Center has been
introduced. It's called Banaton. What makes this
production center unique is that it's powered
by solar energy and even has Bitcoin mining capabilities.
The facility recently underwent upgrades, including
the installation of a 100 KKW solar panel production
system. This not only increases the center's
energy independence and sustainability, but also
allows for Bitcoin mining using excess energy
generated during the production process. It's
a great example of using renewable energy for
crypto mining. Shifting our focus to Argentina,
there's a lot happening with Bitcoin in the political
landscape. With the upcoming presidential elections,
a pro -Bitcoin candidate, Javier Millet, is surging
in the polls. Interestingly, the current administration
has abolished income tax just a week before the
elections. These developments allude to the growing
influence of cryptocurrencies in the country's
politics. Now let's take a look at China. The
Chinese tech giant Meitu is reportedly considering
selling $100 million worth of Bitcoin and Ethereum
holdings. This news indicates that even major
companies are exploring options with their cryptocurrency
investments. It will be interesting to see how
this decision impacts the market and what it
means for the future of cryptocurrencies. Speaking
of the future, Bitcoin is always a hot topic.
It seems like everyone has an opinion. Some people
study Bitcoin, diving deep into its intricacies
and potential. Others, like Edward Snowden, aren't
quite convinced about the rise of Bitcoin exchange
traded funds, ETFs. It's a diverse landscape
of opinions, and I'm curious to hear your thoughts
too. Let's switch gears and head to Mendoza,
Argentina. Esquilita Bitcoin is catching people's
attention and getting them orange -pilled with
their informative content. It's fascinating to
see how education and awareness about Bitcoin
are spreading across different regions. Now let's
talk about Bitcoin's price. Most charts show
either growth or volatility, but there's one
chart that captures both. It's interesting to
see both aspects together, giving us a comprehensive
view of Bitcoin's journey. Here's some breaking
news from Fidelity. They have submitted an updated
version of their S1 application for a spot Bitcoin
ETF. The amendments in this application emphasize
the detailed specification of custodial arrangements,
mechanics related to hard forks, valuation and
pricing sources, adherence to GA app, generally
accepted accounting principles, and enhanced
risk disclosure concerning regulatory uncertainties.
These amendments demonstrate the continuous evolution
and consideration of various factors in the pursuit
of a Bitcoin ETF. Now let's dig into a quote
from Alan Greenspan. the former chairman of the
Federal Reserve. He once said, the United States
can pay any debt because we can always print
money to do that. While this may be true, some
argue that Bitcoin is a better long -term investment
compared to traditional fiat currencies, as they
believe Bitcoin will appreciate in value over
time while everything else loses value against
it. And that's a wrap on our tour of recent cryptocurrency
news. It's always fascinating to observe the
evolving landscape of Bitcoin and how it intersects
with various industries, politics, and global
perspectives. Keep exploring and learning more
about the world of crypto and don't hesitate
to share your thoughts and opinions on these
exciting developments. So there's quite a bit
of interesting news happening in the world of
Bitcoin. Let's dive right in. First up, we have
Michael Novogratz, the well -known crypto investor
who is expecting the SEC to approve a Bitcoin
ETF soon. Now, what's interesting is that the
SEC recently lost in court with the court stating
that having a futures Bitcoin ETF and not a spot
ETF makes no sense at all. It'll be interesting
to see how the SEC responds to this ruling and
whether we'll finally see a Bitcoin ETF get the
green light. Moving on, Lightning Labs has made
an exciting announcement. They have launched
the Mainnet for their Taproot Assets Protocol,
which allows stablecoins to go live on Bitcoin.
This is a big deal because it equips builders
to make Bitcoin a scalable multi -asset network.
The Taproot Assets Protocol enables instant settlement
on the Lightning Network, which paves the way
for global currencies. This could be a game changer
for the cryptocurrency industry as it opens up
a whole new realm of possibilities. In other
news, Sazmining, a Bitcoin mining firm, has opened
a new hydroelectric energy facility in Paraguay.
This facility will be powered by the Itaipu Dam,
which is Paraguay's giant hydroelectric dam.
It's great to see Bitcoin mining moving towards
more sustainable and environmentally friendly
energy sources. Now let's hear from Samson Moe,
the chief strategy officer at Blockstream. He
explains how the liquid network facilitates the
creation of companies leveraging Bitcoin. With
the liquid side chain, you can have companies,
bonds, and other assets that settle in Bitcoin.
This opens up opportunities for innovation and
growth within the Bitcoin space. It's fascinating
to see how Bitcoin is evolving beyond just a
digital currency. Speaking of innovation, Lightning
Labs has launched the Taproot assets Maynet Alpha.
This means that native stablecoin integration
on Bitcoin is now possible. This is a major milestone
that could have significant implications for
the adoption of stablecoins and further enhance
the utility of Bitcoin as a global currency.
Now let's turn our attention to Cathy Wood, the
CEO of ARK Invest. She seems optimistic about
the SEC's new approach towards a potential Bitcoin
ETF. The SEC has started asking questions about
spot Bitcoin ETF applications, signaling a change
in their approach. This has raised hopes for
the approval of several ETFs. It'll be interesting
to see how the SEC's stance evolves and whether
we'll see more Bitcoin ETFs being approved in
the near future. Lastly, we have Samson Moe once
again, talking about the benefits of the upcoming
Aqua Wallet for Latam users. This new wallet
has integrated a number of services and swaps,
allowing people to receive lightning payments
and swap them for stable coins. It's designed
to be a wallet for users in Latin America and
other regions who want dollar -denominated value
with the Bitcoin network's associated technologies.
This could improve access to cryptocurrencies
and decentralized finance for people in these
regions. So that wraps up our Bitcoin News Roundup
for today. There's certainly a lot happening
in the crypto world. from the potential approval
of a Bitcoin ETF to the launch of new protocols
and wallets that expand the capabilities of Bitcoin.
It's an exciting time to be a part of this ever
-evolving industry. Stay tuned for more updates
in the world of Bitcoin. leaving many perplexed
yet intrigued. It's a new approach to sponsorship
that has captivated both podcasters and listeners
alike. Unlike traditional sponsorships where
advertisers pay podcasters to promote their products
or services, Nostra's apps embrace a different
philosophy. Listeners voluntarily contribute
directly to the podcasters, acknowledging the
value they receive in supporting their favorite
shows. This innovative sponsorship model empowers
podcasters to maintain their creative independence
while fostering a deeper connection with their
audience. They are no longer reliant on the whims
of advertisers, giving them the freedom to deliver
authentic content and pursue their passions without
compromise. And what's even more exciting is
that listeners feel a sense of ownership over
the shows they support. They know that their
contributions directly contribute to the podcast's
longevity and growth. Now, Let's dive deeper
into the intricate web of value for value, V4V
podcasting. It's a paradigm shift that places
the value exchange between podcasters and listeners
at the forefront. In this model, listeners are
encouraged to determine the value they receive
from a podcast and contribute accordingly. It's
all about fairness and ensuring that content
creators are properly rewarded for their dedication
and talent. But V4V podcasts go beyond just financial
contributions. They also encourage listeners
to engage, support, and participate in the community.
It's about building a sense of belonging and
shared interests. Whether it's leaving positive
reviews, sharing episodes with friends, or actively
discussing the content on social media, listeners
become an essential part of the success of the
podcast. This reciprocal relationship nurtures
a loyal and dedicated fan base that truly drives
the growth and sustainability of the show. Now
let's unravel the puzzle of Noster Zaps and explore
the true value exchange in podcasting. Yes, it's
true that Noster Zaps represent a novel approach
to podcast sponsorship, but the key to understanding
their value lies in recognizing that they go
beyond monetary contributions. Noster's apps
are a tangible expression of appreciation and
support from listeners to the podcast and its
host. They are a testament to the meaningful
impact that podcasts have on listeners' lives.
It's an acknowledgement that the content and
experiences delivered through these shows hold
significant value and deserve recognition. The
value exchanged here is not just monetary, but
it's also an emotional connection and appreciation
for the creators and the community they have
nurtured. In conclusion, Noster's apps and value
for value podcasting have revolutionized the
traditional sponsorship model in podcasting.
They prioritize the direct connection between
podcasters and listeners, allowing for a more
authentic and creative content creation process.
These phenomena have empowered podcasters to
create content true to their vision and have
fostered a loyal and dedicated fan base. Simultaneously,
listeners are given the opportunity to actively
engage, support, and contribute to the podcasts
they cherish. As the podcasting landscape continues
to evolve, Nostra's apps and V4V podcasts pave
the way for a more collaborative and equitable
future. They allow podcasters to maintain creative
independence and build a loyal community that
supports and appreciates their work. So if you
haven't already, make sure to explore the world
of Nostra's apps and V4V podcasts. You'll experience
a whole new level of connection and value exchange
in the podcasting world. And before we go, we'd
like to ask for your support. Please show your
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Radio, and many more platforms. Your like, share,
or subscribe means the world to us. Thank you
for being a loyal listener and for your continued
support. In this episode, we covered the Pennsylvania
House passing the Cryptocurrency Energy Conservation
Act, Australia's central bank supporting CBDC,
Gabbani's production of Benetton using solar
energy and Bitcoin mining, the Argentine government
abolishing income tax, MITU considering selling
$100M Bitcoin and Ethereum, and Fidelity updating
their Bitcoin ETF application. Additionally,
we discussed Michael Novogratz's expectation
of the SEC approving a Bitcoin ETF, the ability
for stablecoins to go lev on Bitcoin with Lightning
Labs taproot assets, sassmining opening a hydroelectric
energy facility in Paraguay, Samson Moe explaining
liquid network and the upcoming Aqua wallet for
Latam users, and Kathy Wood's optimism about
the SEC's new approach towards Bitcoin ETFs.
Lastly, we explored how Noster's apps and value
for value podcasting revolutionized podcast sponsorship,
fostering direct connection and engagement between
podcasters and listeners. Thank you for tuning
in to the Bitcoin Street Journal Bitcoin Market
Update, your go -to source for daily live Bitcoin
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