Bitcoin Dying Again Brings In The Clown World FUD | Episode 62 Week 30

Welcome to The Bitcoin Street Journal Bitcoin Market Update podcast, your daily source for live updates on the bitcoin market. Join us as we delve into current bitcoin technical analysis, track bitcoin (BTC) prices, explore market capitalization trends, and analyze market supply. Stay ahead of the curve with our comprehensive coverage of the ever-evolving world of bitcoin. In today's episode, we'll cover Bitcoin balances on centralized exchanges declining, German ATMs shutting down due to ongoing attacks, a rise in cryptojacking attacks, Solana's impact on blockchain games, stablecoins rated by Bluechip, AI advancements in healthcare and art, and recent developments in the cryptocurrency industry including SEC's request to delist assets from Coinbase.Hey there! Let's talk about some interesting things happening in the world of Bitcoin.Did you know that Bitcoin balances on centralized exchanges are actually declining? It's true! In fact, the levels we're seeing now haven't been seen since the beginning of 2018. That's a significant drop, with only 2.1 million BTC, which is about 11% of the circulating supply, left on these exchanges.And here's another fascinating statistic: out of the 4,729 days since Bitcoin's creation, a whopping 4,167 of those days have been profitable for Bitcoin holders. That means a staggering 88.1% of the time, anyone holding BTC has been making a profit. Not too shabby, right?But let's take a step back and think about the bigger picture. We work hard to secure a better future for ourselves, but it can often feel like the government and bankers are working against us. They have the power to create money out of thin air while we're left struggling to keep up. Is that fair? Many would argue it's not.That's where Bitcoin comes in. It offers an alternative to this madness. By embracing Bitcoin, you can opt out of the traditional financial system and take control of your own wealth. It's like breaking free from the matrix, just like those independent thinkers, hackers, and people who questioned the establishment. As Adam Back, the CEO of Blockstream, once said, "Bitcoin is like the matrix, the people who unplugged were the independent-thinkers, hackers, and people who had a reason to be suspicious of establishment."In recent news, CNBC reported on the upcoming Bitcoin halving. This is a technical event that typically marks the start of a bull run for Bitcoin. So, if you're a bull, get ready for some exciting times ahead!Speaking of exciting times, Mark Yusko, the Founder and CEO of Morgan Creek Capital Management, predicts that Bitcoin will reach a staggering $300K by the 2028 halving. That's quite the bold prediction, and it's certainly something to keep an eye on.But Bitcoin isn't just for the financial experts and tech enthusiasts. Even celebrities are getting in on the action. Margot Robbie, the actress, revealed that her husband talks about Bitcoin so much that she jokingly calls it being a "Ken." It seems like Bitcoin is permeating every aspect of our lives, including Hollywood!Let's take a moment to acknowledge the incredible impact that Bitcoin has had since its inception. Thirteen years ago, Satoshi Nakamoto dropped a line that will forever remain in Bitcoin lore. It's incredible to think about the journey Bitcoin has taken since then and how it has revolutionized the world of finance.In a recent development, the Human Rights Foundation launched 10 Bitcoin bounty challenges to foster innovation in transactional privacy, censorship resistance, and self-sovereignty. This initiative highlights the potential of Bitcoin to empower individuals and promote human rights.In other news, there have been reports of Twitter accounts being hacked, so it's essential to be cautious and not engage with suspicious accounts. Always be wary of scammers trying to take advantage of unsuspecting individuals.