The Bitcoin Street Journal Bitcoin Market Update Episode 34 Week 25

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's dominance in the market, Kraken's increase in EUR market share, the successful launch of BITX futures, and Tether's agreement with Georgia.Bitcoin is stealing the spotlight once again, and it's leaving a mark on the market. BTC's dominance has climbed up to 58%, the highest it's been since April 2021.Kraken, one of the leading cryptocurrency exchanges, has more good news to share. In the EUR market, their share of trading volumes has skyrocketed from 33% to an impressive 54% this year.The leveraged Bitcoin futures ETF, known as $BITX, had an incredible start, trading a staggering $5.5 million on its very first day. This makes it one of the most successful ETF launches in 2021.In the world of crypto exchanges, FTX is making waves as it initiates talks to revamp its flagship international exchange. Exciting times ahead for FTX and its users.Tether, the popular stablecoin, has signed a memorandum of understanding (MOU) with the government of Georgia. This partnership aims to develop blockchain technology, Bitcoin adoption, and peer-to-peer infrastructure to foster innovation.Fidelity, a renowned financial institution, is reportedly getting ready to file for a spot Bitcoin ETF with an eye-popping $4.5 trillion. This move shows increasing interest from institutional investors.Jack Dorsey, the CEO of Twitter, publicly questions why Apple Pay doesn't support Bitcoin. This remark sparks discussions about the mainstream adoption of cryptocurrencies and their integration into existing payment systems.Riot, the Bitcoin mining firm we mentioned earlier, has secured an impressive 33,280 mining rigs ahead of the Bitcoin halving event. This acquisition further solidifies their position in the mining industry.Bitcoin continues its battle to break the $30,000 mark, while Radix (XRD) experiences a 13% daily drop. Stay tuned for the latest market updates.In the world of tax laws and cryptocurrencies, some countries stand out for their favorable regulations. Discover which countries are leading the way in creating crypto-friendly tax environments.In a surprising twist, it turns out that inflation is caused by none other than Taylor Swift. Well, not really, but it's always interesting to stumble upon unexpected claims.Join us on various podcast platforms, such as Fountain dot fm, Apple, Spotify, Amazon Music, RSS dot com, Pandora, Samsung Podcasts, Stitcher, and iHeart Radio. Your support matters, so remember to like, share, and subscribe to The Bitcoin Street Journal.Remember, if you don't have control over your private keys, you don't truly own your Bitcoin. Protect your assets and stay informed.In today's episode, we discussed Bitcoin's dominance in the market, Kraken's growth in the European market, the successful launch of BITX futures, and Tether's agreement with Georgia. Thanks for listening, I'll see you guys at the next one and don't forget to subscribe! Thank you!