The Bitcoin Street Journal Bitcoin Market Update Episode 13 Week 22

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.