The Bitcoin Street Journal Bitcoin Market Update Episode 35 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 MicroStrategy's recent acquisition of 12,333 BTC, Binance's EUR banking partner ending support, Bitcoin's dominance in derivatives markets, the trial of FTX founder, Israel's seizure of crypto accounts, Diablo IV fashion line summoning AR demon, tasting metaverse ramen, Laguna's rejection of GoT for Crypto Unicorns, and TUSD's high volume.Hey there! Let's dive into some exciting news from the crypto world. First up, we have Horizen Protocol confirming that ZEN is losing its status as a privacy coin. This development marks an important change in the privacy coin landscape.Now, here's something that caught everyone's attention. MicroStrategy, led by Michael Saylor, recently purchased a staggering 12,333 BTC for a whopping $350 million. That's equivalent to about $28,000 per Bitcoin! Talk about a big move in the crypto market.Not stopping there, MicroStrategy has been on a relentless buying spree. As of June 27, 2023, they now hold a whopping 152,333 BTC, acquired for approximately $4.52 billion. This means they have an average price of $29,668 per Bitcoin. Impressive, right?Speaking of MicroStrategy, they've made another headline with yet another Bitcoin purchase. This time, they acquired an additional 12,333 BTC for a cool $347 million. It seems like MicroStrategy is really betting big on Bitcoin.Moving on, let's talk about the Federal Reserve. According to Tom Luongo, the Fed is projected to raise interest rates to 6%. This decision, combined with potential bank implosions, is causing quite a stir. Stay tuned for the fallout from these actions.In other news, Prime Trust has been placed in receivership by Nevada's regulator. This development raises questions about the state of the company and its future.In today's episode, we covered MicroStrategy's massive Bitcoin purchase, Binance's banking partner ending support, and some exciting updates from the world of gaming and cryptocurrency - thanks for listening, I'll see you guys at the next one and don't forget to subscribe!