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The Bitcoin Street Journal Bitcoin Market Update Episode 22 Week 23

Author
The Bitcoin CEO
Published
Wed 14 Jun 2023
Episode Link
https://rss.com/podcasts/thebitcoinstreetjournal/997344

The Bitcoin Street Journal Bitcoin Market Update Episode 22 Week 23Welcome 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's resistance to the SEC's restraining order, Uniswap's upgrade to version 4, and the drop in BTC supply on exchanges during times of panic.Welcome to today's podcast, where we'll be discussing the latest news in the world of cryptocurrency and technology. There's a lot to cover, from Binance.US's attempt to dismiss the SEC's restraining order request to the increasing risk to Ethereum posed by the SEC's targeting of exchange staking services.In other news, eToro recently imposed restrictions on four crypto assets labeled as securities in an SEC lawsuit, BlockFi expects to enable customer withdrawals by the summer of 2023, and Uniswap has upgraded to v4 with some exciting new features.Tether has also converted 750 million USDT from Tron to Ethereum, Thodex Founder denies fraud charges, and the SEC responds to Coinbase's request for crypto clarity, wanting more time to decide.Meanwhile, a judge rejected the SEC's request to freeze Binance.US assets, and BTC remains calm at $26K after the CPI announcement. BTC's supply on exchanges has dropped to a five-year low amid SEC-induced panic.We'll also discuss the recent controversy surrounding former SEC director William Hinman's 2018 speech, saying Ethereum is not a security, and whether Ripple's legal chief's call for an investigation into Hinman is justified.Lastly, we'll touch on some exciting AI-based developments in the music industry with Paul McCartney saying a 'final' Beatles song will use AI technology developed in the making of Peter Jackson’s “Get Back" documentary and new Meta AI music tool, MusicGen, trained on 10,000 hours of ‘licensed music.'So, let's dive into today's topics and see what's happening in the world of cryptocurrency and technology.On today's episode, we talked about Binance.US resisting SEC's restraining order, Uniswap's upgrade to v4, and the recent drop in BTC supply on exchanges amidst market panic. Thanks for listening, and make sure to tune in next time and subscribe for even more updates.

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