WEBVTT 00:00:05.959 --> 00:00:08.539 Welcome to the Bitcoin Street Journal, your daily 00:00:08.539 --> 00:00:11.519 source for live market updates, technical analysis, 00:00:12.000 --> 00:00:14.400 and breaking news regarding Bitcoin. Stay up 00:00:14.400 --> 00:00:17.019 to date with the latest Bitcoin trends, market 00:00:17.019 --> 00:00:19.879 capitalization and supply, as well as financial 00:00:19.879 --> 00:00:22.300 and economic news by subscribing to our podcast. 00:00:22.879 --> 00:00:24.980 Join us on the journey through the world of Bitcoin 00:00:24.980 --> 00:00:27.760 and its impact on our daily lives. In today's 00:00:27.760 --> 00:00:30.500 episode, we'll cover Binance US delisting pairs, 00:00:30.980 --> 00:00:34.280 SEC aiming to freeze assets, Coinbase's petition, 00:00:34.590 --> 00:00:37.850 Han leading Argus Labs raise, Coinbase facing 00:00:37.850 --> 00:00:41.070 cease and desist from 11 states, Kevin O 'Leary's 00:00:41.070 --> 00:00:43.890 prediction of finance suffering, lawmakers questioning 00:00:43.890 --> 00:00:46.890 Zuckerberg, and Louis Vuitton selling NFTs to 00:00:46.890 --> 00:01:01.850 VIP clients. Binance US will delist about 100 00:01:01.850 --> 00:01:04.650 trading pairs and OTC trading has been put on 00:01:04.650 --> 00:01:06.969 pause while the SEC files a motion to freeze 00:01:06.969 --> 00:01:09.930 cryptocurrency held by Binance, Binance US, and 00:01:09.930 --> 00:01:13.310 CZ. Although the US crypto market share is still 00:01:13.310 --> 00:01:16.989 dominant, it has dropped from 85 % at the beginning 00:01:16.989 --> 00:01:23.250 of 2023 to 70 % today. Meanwhile, Binance DUS 00:01:23.250 --> 00:01:26.629 has earned an impressive $410 million in revenue 00:01:26.629 --> 00:01:29.450 since its inception. In other cryptocurrency 00:01:29.450 --> 00:01:32.909 news, MicroStrategy's Bitcoin assets are close 00:01:32.909 --> 00:01:36.150 to breaking even at the current value of BTC. 00:01:36.930 --> 00:01:40.549 Interestingly, a new tool, known as AMBOSS, could 00:01:40.549 --> 00:01:42.730 change the way businesses utilize the lighting 00:01:42.730 --> 00:01:45.510 network by allowing a direct comparison to traditional 00:01:45.510 --> 00:01:49.150 payment processors like Visa. Argus Labs is a 00:01:49.150 --> 00:01:51.750 company building an Ethereum Layer 2 network 00:01:51.750 --> 00:01:54.840 of gaming blockchains. The creator of the world 00:01:54.840 --> 00:01:57.959 engine will let gamers code their unique on -chain 00:01:57.959 --> 00:02:01.560 mods. The Amplify ETF's CEO believes failing 00:02:01.560 --> 00:02:03.719 to pay attention to disruptive blockchain companies 00:02:03.719 --> 00:02:07.000 is a fundamental mistake. Unfortunately, Coinbase 00:02:07.000 --> 00:02:09.580 has been hit with pending cease and desist orders 00:02:09.580 --> 00:02:12.080 from 11 states because its staking product does 00:02:12.080 --> 00:02:14.979 not comply with securities rules. Coinbase plans 00:02:14.979 --> 00:02:17.539 to fight the SEC lawsuit regardless and carry 00:02:17.539 --> 00:02:20.189 on with business as usual. It's worth mentioning 00:02:20.189 --> 00:02:22.710 that despite legal actions against the two largest 00:02:22.710 --> 00:02:25.909 cryptocurrency exchanges, only two tokens saw 00:02:25.909 --> 00:02:28.789 red candles today. Finally, the popular meeting 00:02:28.789 --> 00:02:31.569 app Zoom has launched AI meeting summaries and 00:02:31.569 --> 00:02:33.949 chat, adding to its impressive suite of features. 00:02:43.150 --> 00:02:45.789 In the latest turn of the SEC's crackdown on 00:02:45.789 --> 00:02:48.830 cryptocurrency trading, Shark Tank star Kevin 00:02:48.830 --> 00:02:51.669 O 'Leary predicts that the agency's lawsuit against 00:02:51.669 --> 00:02:54.789 Binance will leave the cryptocurrency giant starved 00:02:54.789 --> 00:02:57.550 of oxygen. He's not the only one with concerns, 00:02:57.889 --> 00:03:00.310 though. Top digital asset firms are being pressured 00:03:00.310 --> 00:03:02.550 by regulators and may become nothing more than 00:03:02.550 --> 00:03:05.400 a footnote in history books. Meanwhile, lawmakers 00:03:05.400 --> 00:03:07.960 are questioning Meta CEO Mark Zuckerberg about 00:03:07.960 --> 00:03:10.139 the release of the company's Llama AI model. 00:03:10.699 --> 00:03:13.219 The advanced, uncensored language model has caused 00:03:13.219 --> 00:03:15.939 alarm, and lawmakers are demanding answers about 00:03:15.939 --> 00:03:18.860 how Meta plans to minimize the damage. In other 00:03:18.860 --> 00:03:21.379 news, the creator of Black Mirror, an Emmy -winning 00:03:21.379 --> 00:03:24.659 sci -fi series, has called out AI tool ChatGPT 00:03:24.659 --> 00:03:26.900 for producing what he considers a shit script 00:03:26.900 --> 00:03:29.740 for an episode. Even the best AI tools can't 00:03:29.740 --> 00:03:32.539 always match the human touch. For luxury brand 00:03:32.539 --> 00:03:35.379 Louis Vuitton, NFTs are the latest way to offer 00:03:35.379 --> 00:03:38.319 elite clientele exclusive perks. The brand is 00:03:38.319 --> 00:03:41.400 selling treasure trunks, NFTs that cost a cool 00:03:41.400 --> 00:03:45.840 $41 ,000 each. Coinbase, the cryptocurrency exchange, 00:03:46.259 --> 00:03:49.159 is also facing regulatory hurdles. The U .S. 00:03:49.259 --> 00:03:50.900 Court of Appeals for the Third Circuit wants 00:03:50.900 --> 00:03:54.000 clarification from the SEC regarding Coinbase's 00:03:54.000 --> 00:03:56.900 rulemaking petition. The SEC has been given seven 00:03:56.900 --> 00:03:59.780 days to respond. In better news, IKEA is using 00:03:59.780 --> 00:04:02.479 AI to create a folding sofa that can fit in an 00:04:02.479 --> 00:04:04.939 envelope. no more struggling with bulky furniture 00:04:04.939 --> 00:04:07.900 up and down flights of stairs. Finally, former 00:04:07.900 --> 00:04:10.879 Oasis rocker Noel Gallagher is turning to NFTs 00:04:10.879 --> 00:04:13.419 to try and beat the Foo Fighters in the UK album 00:04:13.419 --> 00:04:16.459 charts. It's a close race, and NFTs could be 00:04:16.459 --> 00:04:19.519 the edge that Gallagher needs. Last but not least, 00:04:19.819 --> 00:04:22.100 Terra co -founder Do Kwon allegedly backed a 00:04:22.100 --> 00:04:25.000 political party in Montenegro. According to reports, 00:04:25.240 --> 00:04:27.220 Kwon had financial ties to the party's leader. 00:04:36.389 --> 00:04:39.449 On today's episode, we covered Binance -US delisting 00:04:39.449 --> 00:04:42.730 pairs, the SEC freezing assets, Coinbase's petition 00:04:42.730 --> 00:04:45.610 response, Argus Labs raising funding and legal 00:04:45.610 --> 00:04:48.290 action against Coinbase, as well as Kevin O 'Leary's 00:04:48.290 --> 00:04:50.389 predictions for Binance and Louis Vuitton selling 00:04:50.389 --> 00:04:53.110 NFTs to VIP clients. Thanks for listening and 00:04:53.110 --> 00:04:54.110 don't forget to subscribe.