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 as financial and economic news by subscribing to our podcast. Join us on the journey through the world of Bitcoin and its impact on our daily lives. In today's episode, we'll cover a list of the top questions to determine if someone is a Bitcoin Maximalist, which includes topics such as owning Bitcoin, self-custodying, and contributing to Bitcoin software.In this special edition of The Bitcoin Street Journal Bitcoin Market Update, we're diving deep into the world of Bitcoin Maximalists. Are you a Bitcoin Maxi yourself? Well, to test your loyalty to Bitcoin, here are some questions we'd ask to identify other Maximalists.First up, do you own Bitcoin? If the answer is yes, great! But if you're still skeptical or hesitant, you might need more convincing. Next, do you automatically buy Bitcoin every day, week, or month? This is a common habit among Maximalists who believe in the long-term value of Bitcoin.Another question to ask is if you buy the dips. When the price of Bitcoin drops, do you panic or take advantage of the opportunity to buy more? Maximalists typically choose the latter.Moving on, do you run your own node? For those unfamiliar, a node is a computer that validates Bitcoin transactions, and running one helps you stay in control of your Bitcoin. Self-custody is another important element of being a Bitcoin Maxi - this means you're holding onto your Bitcoin yourself rather than relying on a third party.Do you have a Bitcoin credit card that gives rewards back? This may seem like a small detail, but Maximalists are always looking for ways to maximize their Bitcoin earnings. Speaking of earnings, do you get paid in Bitcoin? This is another way to increase your Bitcoin holdings and show your dedication to the cause.Now, let's talk investments. Do you put all of your 401K/IRA money into Bitcoin instead? For Bitcoin Maximalists, the answer might often be yes. They believe in the long-term potential of Bitcoin and aren't afraid to put their money where their mouth is.Are you also someone who teaches others about Bitcoin? Are you contributing to Bitcoin software? Did you join a Bitcoin Maxi chat group or discussion thread? Do you read The Bitcoin Street Journal? Do you listen to the The Bitcoin Street Journal Bitcoin Market Update Podcast every day? These are all signs that you are a true Bitcoin Maxi.Other factors to consider include: Do you mine Bitcoin? Did you dump your shitcoins? Are you reducing your reliance upon fiat as financial support? Have you read the Bitcoin Whitepaper? Are you prepared to never sell your Bitcoin? Do you have a low time preference? Have you read the Bitcoiner Books - The Bitcoin Standard, The Price of Tomorrow, The Sovereign Individual, etc..? Are you using Multi-sig to secure your Bitcoin?Finally, some more offbeat questions: Do you have a Bitcoin job in the Bitcoin industry? Did you start planning for passport number 2 in a Bitcoin jurisdiction? Do you POST to Bitcoin Maximalist Groups? Are you on Nostr and sending and receiving Zaps?These questions may seem tongue-in-cheek, but they are all ways to identify true Bitcoin Maximalists who believe in the power and potential of the bitcoin network.Today we learned about Bitcoin Maximalism and the top questions to determine if someone is a true Bitcoin Maximalist - including owning Bitcoin, self-custodying, and contributing to Bitcoin software. Thanks for listening to today's episode, I'll see you guys at the next one and don't forget to subscribe!

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 as financial and economic news by subscribing to our podcast. Join us on the journey through the world of Bitcoin and its impact on our daily lives. In today's episode, we'll cover Kraken's high share in USD spot trading since January 2018 and the US government's objection to Bittrex's customer-repayment plan.Today, we have a lot of news in the world of cryptocurrency. The UK's FCA is rolling out stricter rules for crypto ads, which includes a referral bonus ban. Meanwhile, Kraken is becoming a more dominant player among exchanges that offer trading in USD pairs; accounting for 20% of the spot volume in the USD crowd in May. In other news, Binance lawyers allege that SEC Chair Gensler offered to serve as an advisor to a crypto company back in 2019, while Bittrex's customer-repayment plan is facing opposition from the U.S. government. On a positive note, BitGo has reached a preliminary agreement to buy Prime Trust. However, in May, the spot trading volume on centralised exchanges fell 21.8% to $495bn, the lowest monthly volume since March 2019. Binance.US has suspended USD deposits and paused fiat withdrawal channels, and Robinhood has ended support for Solana, Polygon, and Cardano. The Department of Justice has charged two Russian nationals with laundering over 600,000 BTC stolen from Mt Gox. Meanwhile, Crypto.com has suspended US institutional exchange service, and BTC market depth on Binance US has collapsed in recent days. In legal news, the CFTC has won the Ooki DAO case, setting a precedent that DAOs can be held liable, and the FTX customer names will not be revealed by the bankruptcy court. Amidst all the regulatory upheavals, Arbitrum continues to dominate the layer-2 landscape and is the top destination for capital flowing away from Ethereum. Also, over 50% of BTC on exchanges have moved outside the US due to regulatory uncertainty. In other news, vitalik Buterin has donated another $100 million to support Covid relief projects. Lastly, the Russian's largest bank has announced that they will allow crypto trading this summer and Deputy Chairman Popov said the offering could be introduced to clients by the end of June. There's a lot happening in the world of cryptocurrency, and we'll keep you updated with the latest news and trends.In today's episode, we covered Kraken's highest share in USD spot trading since January 2018 and the US government's opposition to Bittrex's customer-repayment plan. Thanks for listening and see you at the next one! Don't forget to subscribe.

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 as financial and economic news by subscribing to our podcast. 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 recent drop in BTC and altcoin prices due to regulatory pressure, the inability of Ethereum to surpass $2000, and the US government's objection to Bittrex's proposal.In today's TGIF Headline News Edition of the Bitcoin Street Journal, we'll be diving into the latest news from the cryptocurrency world. Despite recent blows to top cryptocurrency exchanges like Coinbase and Binance due to regulatory crackdowns, Bitcoin investors remain resilient. The prices of BTC and other altcoins have taken a hit, but the market is still holding strong.Moving on to Ethereum, a Bloomberg analyst has noted that the cryptocurrency is having trouble breaking the $2000 mark, much like gold. This is despite a bullish month for the Nasdaq 100.In other news, the US government has objected to Bittrex's plan to enable withdrawals, sparking a hearing on the matter in June. Meanwhile, Australia's largest bank has temporarily ceased "certain" payments to crypto exchanges, a significant turnaround for the bank, which had previously planned to enable crypto trading on its banking app.Additionally, Binance.US is undergoing changes, transitioning to a "crypto-only" platform and suspending USD operations. However, the SEC battle continues, with banks now distancing themselves from the exchange.The outcome of Ripple's class action lawsuit could have important implications for other exchanges like Coinbase and Binance, according to a lawyer following the case. And in the world of AI, venture capitalist Marc Andreessen has warned against a "government-protected cartel" of major AI companies and urged that the market should determine success.Finally, UK authors are being advised to protect their work from AI, and cryptocurrency investment firm Galaxy Digital is accelerating its plans to move offshore due to legislative stalemates in the US.Stay tuned for more news and updates in the world of cryptocurrency!Thanks for tuning in to today's episode where we discussed how BTC and altcoins prices dropped amid regulatory crusades, Ethereum struggled to break the $2000 mark and the US government's objection to Bittrex proposal - be sure to subscribe and catch us at the next episode!

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 as financial and economic news by subscribing to our podcast. 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 launch of Zebedee's ZBD app and their social platform that incorporates microtransactions and Bitcoin.Have you heard of Zebedee's new ZBD app? It has a gaming-centric Bitcoin wallet and a social platform with a unique twist. Instead of simply "liking" other users' content, you can earn a little Bitcoin by sending "zaps" - very small amounts of Bitcoin. It's a whole new way to monetize your content and have a more engaging social experience. You can even enjoy encrypted DMs with the option to use them to send payments. Zebedee, which is focused on payment solutions using Bitcoin's speedy Lightning Network, has now launched a new initiative to contribute open-source code and products to the layer-2 protocol built on top of Bitcoin. Dubbed No Big Deal (NBD), the new not-for-profit project has already resulted in several products and code repositories available to anyone willing to build on the Lightning Network. But wait, there's more: with decentralized social media, users have more control of their data than in traditional social media apps. You have the freedom to carry your identity and followers across any number of apps. No longer restricted to a closed-off ecosystem, you can connect with friends and creators regardless of the specific platform they use.Jack Dorsey, Twitter co-founder, has also been focused on creating decentralized social media through Nostr's decentralized protocol for building apps. And he's keen on seeing many different such platforms emerge and thrive - a "good thing", according to him. With the rise of Nostr, users can now sign up for a waitlist for early access to the new ZBD app, which can possibly bring new and positive changes to the world of social media.Today in our podcast, we discussed Zebedee's ZBD app and their new social platform that allows users to send microtransactions instead of likes and earn Bitcoin. Thanks for listening to today's episode, I'll see you guys at the next one and make sure to subscribe!

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 as financial and economic news by subscribing to our podcast. Join us on the journey through the world of Bitcoin and its impact on our daily lives. In today's episode, we'll cover a man interrupting a Bitcoin event on an ostrich, Wells Fargo limiting cash withdrawals, a call for AI regulation in the UK, and the importance of trust in technology.Hey there, have you heard the latest news on the exciting Bitcoin event that happened in Prague? Well, it was definitely one for the books! A man, yes you heard that right, a man rode an ostrich through the convention center while shouting "WABI SABI!" It's definitely something you have to see to believe, and luckily a witness was able to snap a picture before the man left the event.But on a more serious note, it's becoming increasingly crucial to understand the importance of private keys in relation to Bitcoin, especially with recent events surrounding Binance and Coinbase. You know what they say, "not your keys, not your Bitcoin." And if you don't have Bitcoin, then according to popular opinion, you're NGMI (Not Gonna Make It).It seems like the bank world is also experiencing some turbulence. Wells Fargo recently announced that due to "emergency conditions" they'll be limiting customer cash withdrawals to $1,000. Kind of makes you wonder, are they running out of money? One thing's for sure, it's becoming more and more evident that bank trustworthiness can no longer be taken for granted. Looking for an alternative solution? Check out Nostr, where account creation is handled not by a 3rd party, but by math. And guess what, data integrity is ensured by cryptography, not a 3rd party. Plus, data storage is handled by either multiple parties or, if you prefer, yourself. And best of all, nobody, not even yourself, can delete your account on Nostr.If you're in the UK, you may want to keep an eye out for the regulation around artificial intelligence as AI could soon pose a threat to humanity in as little as two years. Matt Clifford is calling for AI regulation, so we'll have to wait and see what happens there.In a surprising twist, some blue check influencers are claiming that they won't be using CBDCs (Central Bank Digital Currencies), but here's the thing, they've already verified their identity to post longer Twitter videos. Funny how that works, right?Thanks for tuning in to today's episode, where we covered a variety of topics, including an unexpected interruption at a cryptocurrency event, a controversial banking decision and a call for regulation in the AI industry – we’ll catch you at the next one and don't forget to subscribe!

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 as financial and economic news by subscribing to our podcast. 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 MiCA regulation on crypto, the increase of DeFi trading, NFT sneakers by Puma and NBA, the GameStop CEO firing, SEC targeting centralized exchanges, ChatGPT accused of defamation, the influence of Apple's Vision Pro on Web3 metaverse, and the different allegations in Binance and Coinbase SEC lawsuits. Additionally, we'll discuss ARK Invest's purchase of $22M in Coinbase after a price drop, Arianee 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 Jón Helgi Egilsson, 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 a security, as it is business as usual for now. When it comes to MiCA 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-AFTRA members 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 LeMelo Ball to launch a limited-edition pair of sneakers featuring Gutter Cat Gang branding. Words 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 sues OpenAI for libel after ChatGPT 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.ARK Invest recently purchased $22 million worth of Coinbase shares after the company's stock price dropped. In another story, Pierre Nicolas Hurstel, the CEO and co-founder of Arianee, discusses the future of NFTs and how they will be utilized in the wine and spirits industry. Performance artist Foodmasku 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 ChatGPT, Coinbase, and Binance, and ARK Invest's purchase of $22M in Coinbase stock - thank you for tuning in, don't forget to subscribe!

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 as financial and economic news by subscribing to our podcast. Join us on the journey through the world of Bitcoin and its impact on our daily lives. In today's episode, we'll cover Binance US delisting pairs, SEC aiming to freeze assets, Coinbase's petition, Haun leading Argus Labs raise, Coinbase facing cease and desist from 11 states, Kevin O'Leary's prediction of Binance suffering, lawmakers questioning Zuckerberg, and Louis Vuitton selling NFTs to VIP clients.Big news in the world of cryptocurrency! Binance US will delist about 100 trading pairs and OTC trading has been put on pause while the SEC files a motion to freeze cryptocurrency held by Binance, Binance US, and CZ. Although the US crypto market share is still dominant, it has dropped from 85% at the beginning of 2023 to 70% today. Meanwhile, Binance.US has earned an impressive $410 million in revenue since its inception. In other cryptocurrency news, MicroStrategy's bitcoin assets are close to breaking even at the current value of BTC. Interestingly, a new tool known as Amboss could change the way businesses utilize the Lighting Network by allowing a direct comparison to traditional payment processors like Visa. Argus Labs is a company building an Ethereum layer-2 network of gaming blockchains. The creator of the World Engine will let gamers code their unique on-chain mods. The Amplify ETFs CEO believes failing to pay attention to disruptive blockchain companies is a "fundamental mistake." Unfortunately, Coinbase has been hit with pending cease and desist orders from 11 states because its staking product does not comply with securities rules. Coinbase plans to fight the SEC lawsuit regardless and carry on with business as usual. It's worth mentioning that despite legal actions against the two largest cryptocurrency exchanges, only two tokens saw red candles today. Finally, the popular meeting app Zoom has launched AI meeting summaries and chat, adding to its impressive suite of features.In the latest turn of the SEC's crackdown on cryptocurrency trading, "Shark Tank" star Kevin O'Leary predicts that the agency's lawsuit against Binance will leave the cryptocurrency giant "starved of oxygen." He's not the only one with concerns, though. Top digital asset firms are being pressured by regulators and may become nothing more than a footnote in history books.Meanwhile, lawmakers are questioning Meta CEO Mark Zuckerberg about the release of the company's LLaMA AI model. The advanced, uncensored language model has caused alarm, and lawmakers are demanding answers about how Meta plans to minimize the damage.In other news, the creator of "Black Mirror", an Emmy-winning sci-fi series, has called out AI tool ChatGPT for producing what he considers a "shit" script for an episode. Even the best AI tools can't always match the human touch.

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 as financial and economic news by subscribing to our podcast. 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 implications of Elon Musk's Twitter giveaway, which has been criticized for failing to achieve decentralization goals on the platform.Elon Musk has been in the news again recently after announcing a Twitter email giveaway. It was intended to reward a select group of influencers and boost their platform influence, but critics say that it did very little to decentralize the system. While it did generate a lot of buzz, some felt that it only served to provide a way for the most influential people on Twitter to solidify their connection with their fan base. On the other side of the coin, there were a few benefits for influencers, such as the ability to communicate with their fans in a more private and direct manner. This made the giveaway a big hit amongst this group and could potentially help them generate more income by way of subscriptions and merchandise sales. But ultimately, the reality is that it appeared to benefit the influencers more than anything else, and it is unlikely to offer real decentralization benefits. Those who are hoping to see a more widespread adoption of alternative messaging technologies and governance systems may still need to wait a while for the real decentralization of the platform to take place.On today's episode, we discussed Elon Musk's Twitter giveaway and the controversy surrounding its decentralization goals. Thanks for tuning in, and be sure to subscribe for more upcoming discussions.R,I,P Bobby Dorr May ye be halfway to heaven before the devil knows you are dead.

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 as financial and economic news by subscribing to our podcast. 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 construction of a debt-free $1 billion solar and wind power generation park in El Salvador, which will be used to fuel Bitcoin mining in the Metapán region.Have you heard about El Salvador’s innovative plans to use “Volcano Energy” to fuel the growth of Bitcoin mining? That’s right, by harnessing the country’s abundant natural resources, El Salvador is positioning itself as a major player in the Bitcoin mining industry. In a press release analyzed by The Bitcoin Street Journal, it was revealed that El Salvador plans to construct a massive 241 megawatt renewable power generation park in the Metapán region using a debt-free approach.Combining both solar and wind projects, this power generation park is expected to have a capacity of 169MW of photovoltaic solar energy and 72MW of wind energy. And wait for it, the initial computational power will surpass 1.3 EH/s! This marks a significant milestone for both the country and the Bitcoin industry as a whole.El Salvador’s total commitment for this project is $1 billion. Key Bitcoin industry leaders will spearhead the first investment of $250 million, with collaboration from renewable energy technology developers and manufacturers, as well as global Bitcoin mining experts.The government of El Salvador will play a crucial role in planning and executing this initiative. They plan to secure a significant stake in the venture, with a 23% participation equivalent to the revenue. The rest will be divided among investors and reinvested in expanding energy production capacity and advancing Bitcoin mining.By using Volcano Energy, El Salvador aims to create a prosperous future driven by sustainable energy and Bitcoin. The establishment of this renewable power generation park marks a significant step towards achieving these goals while cementing El Salvador's position in the global Bitcoin mining industry.On today's episode, we discussed El Salvador's new $1 billion solar and wind power generation park that will fuel Bitcoin mining - thanks for tuning in and don't forget to subscribe!

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 as financial and economic news by subscribing to our podcast. 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 maturing of Bitcoin mining in the energy sector, thriving bitcoin-only companies, Binance and Coinbase being sued by the SEC for breaking securities rules, how the Bear Market prompts investors to turn to alternative investments, which includes Bitcoin Mining, challenges involved with Bitcoin mining, how to reduce energy costs and make it more accessible, benefits of Bitcoin mining as an energy system driver, and the need for regulations to ensure safety.Hey there, did you know that Bitcoin is doing more than just helping the energy systems? Yep, it's true! Besides making energy producers more efficient, Bitcoin miners are even settling payments over lightning, which is pretty cool. Although the term "building in the bear market" may sound overused, the truth is that this particular bear market will be remembered for something unique. The bitcoin mining industry reached a critical point of maturation and began ingratiating itself within the energy sector in earnest. Crypto exchanges like Binance are facing complaints from the SEC while bitcoin-only companies continue to thrive. These companies are making significant strides in key economic sectors to further integrate the network into our daily lives. In other news, Solana, polygon, cardano, and other tokens have been labeled as securities in a recent Binance lawsuit. Stablecoin trading volume also fell significantly in May, recording the lowest monthly trading volume since December 2022. Meanwhile, the DEX volume as a percentage of all trading volume is nearing the highs of late 2021/early 2022. Coinbase, one of the largest crypto exchanges, also got sued by the SEC for acting as an unregistered broker. The SEC claims that SOL, ADA, MATIC, FIL, SAND, AXS, CHZ, FLOW, ICP, NEAR, VGX, DASH, and NEXO are securities. Ripple's XRP, on the other hand, was not named a security in the SEC's case against Coinbase. Binance saw a massive outflow of financial assets following the SEC lawsuit, and the company's market share recovered slightly in May. Meanwhile, Hivemind, founded by Citi alum Matt Zhang, has launched a $300 million crypto fund. Lastly, Bitcoin's price is expected to be affected by the Binance-SEC lawsuit. Arthur Hayes provides insights into this matter. Even Elliptic reports that an Atomic wallet hacker funneled stolen crypto to a North Korea-tied coin mixer. Curious, isn't it?