Welcome to the Bitcoin Street Journal, your daily source for live market updates, technical
analysis, and breaking news regarding Bitcoin.
Stay up to date with the latest Bitcoin trends, market capitalization and supply, as well
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Join us on the journey through the world of Bitcoin and its impact on our daily lives.
In today's episode, we'll cover the encouragement of competition in CBDCs, the security of
sand token, uncertain effects of my CA regulation on crypto, the increase of DeFi trading, NFT
sneakers by Puma and NBA, the GameStop CEO firing, SEC targeting centralized exchanges,
chat GPT accused of defamation, the influence of Apple's Vision Pro on Web 3 Metaverse,
and the different allegations in Binance and Coinbase SEC lawsuits.
Additionally, we'll discuss RK Invest's purchase of $22 million in Coinbase after a price
drop, Ariane CEO's thoughts on NFTs, food artist creations being turned into NFTs, and
allegations that the SEC chair offered to serve as Binance Advisor in 2019.
Central Banks have been urged to embrace competition on CBDCs by John Helgi Eggelson, a former
chairman of the Icelandic Central Bank.
He believes that central banks should not dominate CBDCs.
The sandbox COO stated that they do not agree with the SEC labeling sand token as security
as it is business as usual for now.
When it comes to Micah jumpstarting crypto in the EU, Kraken's EU policy head said that
it does give us that legal certainty that we needed, but it's just really a part of the
story.
SAG aftermembers seek informed consent and fair compensation if AI is used to recreate
an actor's likeness.
Decentralized finance trading has surged by 41% after back-to-back SEC enforcement actions
against centralized exchanges.
Puma has teamed up with NBA star Lamello Ball to launch a limited edition pair of sneakers
featuring gutter cat gang branding.
Business with friends and wildcard creator Paul Bettner is allergic to pay-to-win NFTs.
The SEC has focused on proof-of-stake coins, leaving Bitcoin and other proof-of-work blockchains
unfazed by the current regulatory push.
Despite Hong Kong trying to be a crypto hub again, it doesn't mean China is following
suit.
Georgia-based broadcaster Suze OpenAI for libel after chat GPT allegedly said he embezzled
funds.
Apple's Vision Pro could inject much-needed life into the sagging metaverse industry,
but can the tech giant complement Web3's Open Ethos?
The SEC has gone after two major crypto brands this week, Binance and Coinbase, but with
very different allegations.
AARC
Vest recently purchased $22 million worth of Coinbase shares after the company's stock
price dropped.
In another story, Pierre Nicholas Hurstel, the CEO and co-founder of Ariane, discusses
the future of NFTs and how they will be utilized in the wine and spirits industry.
Performance artist Food Mask also shares how a simple question about protecting his digital
files during the COVID lockdowns led him to create a collection of his edible works as
NFTs.
Meanwhile, documents filed in the SEC and Binance court case allege that SEC chair Gary
Gensler had previously offered to serve as a Binance advisor.
Additionally, the ongoing legal battle between the SEC and Coinbase has caused trouble for
many cryptocurrency executives, leading to Robinhood reviewing its crypto offering and
Binance US delisting 101 trading pairs following an SEC freezing order.
These stories and more are making headlines in the crypto world.
On today's episode, we discussed the competition in CBDCs, DeFi trading increases, the latest
NFT sneakers, SEC's lawsuits against chat GPT, Coinbase and Binance, and ARC Invest's
purchase of $22M in Coinbase stock.
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