1 00:00:00,000 --> 00:00:10,960 Welcome to the Bitcoin Street Journal, your daily source for live market updates, technical 2 00:00:10,960 --> 00:00:14,520 analysis, and breaking news regarding Bitcoin. 3 00:00:14,520 --> 00:00:19,240 Stay up to date with the latest Bitcoin trends, market capitalization and supply, as well 4 00:00:19,240 --> 00:00:22,880 as financial and economic news by subscribing to our podcast. 5 00:00:22,880 --> 00:00:27,400 Join us on the journey through the world of Bitcoin and its impact on our daily lives. 6 00:00:27,400 --> 00:00:32,280 In today's episode, we'll cover the encouragement of competition in CBDCs, the security of 7 00:00:32,280 --> 00:00:39,040 sand token, uncertain effects of my CA regulation on crypto, the increase of DeFi trading, NFT 8 00:00:39,040 --> 00:00:46,280 sneakers by Puma and NBA, the GameStop CEO firing, SEC targeting centralized exchanges, 9 00:00:46,280 --> 00:00:52,280 chat GPT accused of defamation, the influence of Apple's Vision Pro on Web 3 Metaverse, 10 00:00:52,280 --> 00:00:56,360 and the different allegations in Binance and Coinbase SEC lawsuits. 11 00:00:56,360 --> 00:01:01,320 Additionally, we'll discuss RK Invest's purchase of $22 million in Coinbase after a price 12 00:01:01,320 --> 00:01:08,160 drop, Ariane CEO's thoughts on NFTs, food artist creations being turned into NFTs, and 13 00:01:08,160 --> 00:01:22,760 allegations that the SEC chair offered to serve as Binance Advisor in 2019. 14 00:01:22,760 --> 00:01:28,840 Central Banks have been urged to embrace competition on CBDCs by John Helgi Eggelson, a former 15 00:01:28,840 --> 00:01:31,600 chairman of the Icelandic Central Bank. 16 00:01:31,600 --> 00:01:35,360 He believes that central banks should not dominate CBDCs. 17 00:01:35,360 --> 00:01:41,320 The sandbox COO stated that they do not agree with the SEC labeling sand token as security 18 00:01:41,320 --> 00:01:43,680 as it is business as usual for now. 19 00:01:43,680 --> 00:01:48,160 When it comes to Micah jumpstarting crypto in the EU, Kraken's EU policy head said that 20 00:01:48,160 --> 00:01:53,040 it does give us that legal certainty that we needed, but it's just really a part of the 21 00:01:53,040 --> 00:01:54,360 story. 22 00:01:54,360 --> 00:02:00,080 SAG aftermembers seek informed consent and fair compensation if AI is used to recreate 23 00:02:00,080 --> 00:02:02,240 an actor's likeness. 24 00:02:02,240 --> 00:02:07,560 Decentralized finance trading has surged by 41% after back-to-back SEC enforcement actions 25 00:02:07,560 --> 00:02:09,600 against centralized exchanges. 26 00:02:09,600 --> 00:02:14,720 Puma has teamed up with NBA star Lamello Ball to launch a limited edition pair of sneakers 27 00:02:14,720 --> 00:02:17,560 featuring gutter cat gang branding. 28 00:02:17,560 --> 00:02:22,840 Business with friends and wildcard creator Paul Bettner is allergic to pay-to-win NFTs. 29 00:02:22,840 --> 00:02:28,560 The SEC has focused on proof-of-stake coins, leaving Bitcoin and other proof-of-work blockchains 30 00:02:28,560 --> 00:02:31,400 unfazed by the current regulatory push. 31 00:02:31,400 --> 00:02:35,840 Despite Hong Kong trying to be a crypto hub again, it doesn't mean China is following 32 00:02:35,840 --> 00:02:36,840 suit. 33 00:02:36,840 --> 00:02:42,480 Georgia-based broadcaster Suze OpenAI for libel after chat GPT allegedly said he embezzled 34 00:02:42,480 --> 00:02:43,480 funds. 35 00:02:43,480 --> 00:02:48,480 Apple's Vision Pro could inject much-needed life into the sagging metaverse industry, 36 00:02:48,480 --> 00:02:51,920 but can the tech giant complement Web3's Open Ethos? 37 00:02:51,920 --> 00:02:56,680 The SEC has gone after two major crypto brands this week, Binance and Coinbase, but with 38 00:02:56,680 --> 00:03:07,560 very different allegations. 39 00:03:07,560 --> 00:03:10,160 AARC 40 00:03:10,160 --> 00:03:15,320 Vest recently purchased $22 million worth of Coinbase shares after the company's stock 41 00:03:15,320 --> 00:03:16,720 price dropped. 42 00:03:16,720 --> 00:03:22,480 In another story, Pierre Nicholas Hurstel, the CEO and co-founder of Ariane, discusses 43 00:03:22,480 --> 00:03:28,400 the future of NFTs and how they will be utilized in the wine and spirits industry. 44 00:03:28,400 --> 00:03:33,200 Performance artist Food Mask also shares how a simple question about protecting his digital 45 00:03:33,200 --> 00:03:38,480 files during the COVID lockdowns led him to create a collection of his edible works as 46 00:03:38,480 --> 00:03:39,480 NFTs. 47 00:03:39,480 --> 00:03:45,680 Meanwhile, documents filed in the SEC and Binance court case allege that SEC chair Gary 48 00:03:45,680 --> 00:03:49,480 Gensler had previously offered to serve as a Binance advisor. 49 00:03:49,480 --> 00:03:54,680 Additionally, the ongoing legal battle between the SEC and Coinbase has caused trouble for 50 00:03:54,680 --> 00:04:00,840 many cryptocurrency executives, leading to Robinhood reviewing its crypto offering and 51 00:04:00,840 --> 00:04:08,680 Binance US delisting 101 trading pairs following an SEC freezing order. 52 00:04:08,680 --> 00:04:21,440 These stories and more are making headlines in the crypto world. 53 00:04:21,440 --> 00:04:27,440 On today's episode, we discussed the competition in CBDCs, DeFi trading increases, the latest 54 00:04:27,440 --> 00:04:34,120 NFT sneakers, SEC's lawsuits against chat GPT, Coinbase and Binance, and ARC Invest's 55 00:04:34,120 --> 00:04:37,280 purchase of $22M in Coinbase stock. 56 00:04:37,280 --> 00:04:38,280 Thank you for tuning in. 57 00:04:38,280 --> 00:04:39,320 Don't forget to subscribe.