The Bitcoin Street Journal Bitcoin Market Update Episode 31 Week 24

Welcome to The Bitcoin Street Journal, your go-to podcast for daily live updates on the world of bitcoin markets. With current live bitcoin technical analysis, up-to-date information on Bitcoin (BTC) price, market capitalization, and market supply, you'll always be in the know on the latest happenings in the ever-evolving world of cryptocurrency. Be sure to hit the subscribe button to stay informed and never miss an episode! In today's episode, we'll cover Bitcoin custody registration in France, illiquid supply new ATH, BitGo drops Prime Trust, SEC relinquishes BlockFi penalty, Coinbase buying exceeded selling, Atomic Wallet working to recover funds, Anichess raises $1.5m, CleanSpark acquires two Georgia facilities, and new crypto ventures arise.Welcome to the Bitcoin Street Journal Bitcoin Market Update Episode 31 Week 24, coming to you on this lovely Friday June 23rd, 2023. Let's dive right into the latest crypto news, shall we? First up, we have some exciting news out of France - Crédit Agricole’s CACEIS has just gained crypto custody registration, making it the latest bank to offer these services in the country. This is a big step forward for crypto adoption in France. Another interesting development this week is that Bitcoin's illiquid supply has reached a new all-time high of 15.2M BTC, while exchange balances have fallen to their lowest levels since Jan 2018 at 2.3M BTC. In other news, BitGo has dropped its plans to acquire rival crypto custodian Prime Trust. And FTX is moving to claw back $800 million from K5 Global, Olympus Capital, SGN Albany. We also saw a divergence in buying and selling trends on different platforms - Coinbase experienced more buying compared to selling over the past few days, while the opposite trend occurred on Binance. Interesting, isn't it? Moving on to regulatory news, the SEC has decided to relinquish the $30M BlockFi penalty until investors are repaid. However, Binance.US is refuting SEC claims about mishandling user funds. In other crypto developments, DeFi platform Struct Finance has introduced new interest rate products, while Blockchain-based network World Mobile has introduced a buyback program. And Wimbledon has integrated AI-powered commentary for this year’s championship. On the cryptocurrency price front, Shiba Inu experienced a pump after its lead developer shared "Shibarium" update details. And PEPE Coin price soared 10% daily as BTC bulls fight for $30K. Speaking of crypto price analysis, check out the latest on ETH, XRP, ADA, DOGE, and SHIB. We also have some exciting news for Lightning Network enthusiasts - Jack Dorsey and Spiral's Bitcoin Lightning Development Kit have announced the LDK Node, enabling users "to quickly and easily get a Lightning node up and running within a day." Finally, an interesting fact - two years ago, Credit Agricole's managing director had predicted that by 2025 bitcoin will be worth less than a dollar. How times have changed, right? And as always, a friendly reminder - hold your bitcoin in cold storage for maximum security. Thanks for tuning in to this week's Bitcoin Market Update.Lots of interesting and exciting news in the world of cryptocurrencies and blockchain technology today. Let's start with the news that crypto wallet Atomic Wallet has reported that less than 0.1% of its users have been affected by a recent hack that resulted in the loss of $100 million in cryptocurrencies. The Atomic Wallet team is currently working to recover the stolen funds but have not confirmed how much was taken.