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The Bitcoin Street Journal Bitcoin Market Update Episode 37 Week 25

Author
The Bitcoin CEO
Published
Sun 02 Jul 2023
Episode Link
https://rss.com/podcasts/thebitcoinstreetjournal/1021571

Welcome to The Bitcoin Street Journal Bitcoin Market Update podcast, your daily source for live updates on the bitcoin market. Join us as we delve into current bitcoin technical analysis, track bitcoin (BTC) prices, explore market capitalization trends, and analyze market supply. Stay ahead of the curve with our comprehensive coverage of the ever-evolving world of bitcoin. In today's episode, we'll cover SEC Chairman Gensler rumored resignation, Celsius selling altcoin portfolio, Citigroup reviewing partnership with Metaco, Coinbase prioritizing security, Creators of DeGods and y00ts upcoming developments, Litecoin surging into top 10 cryptocurrencies, Legend of Arcadia moving to new protocol Sui, Logan Paul facing criticism for not refunding CryptoZoo NFT buyers, Arnold Schwarzenegger warning of AI threat, Hong Kong embracing Web3, Kraken being ordered to provide user information to IRS, Bitcoin's price expected to reach $40k with a potential short-term retracement, and the importance of protecting your private keys.So, there's a rumor going around that SEC Chairman, Gary Gensler, might be stepping down from his position. Interesting news if it turns out to be true. Now, let's talk about Bitcoin. Have you ever wondered how much money it would take for Bitcoin to reach its peak? Well, there's been some analysis on that, so stay tuned.In other news, Celsius, a cryptocurrency platform, is planning to start selling its altcoin portfolio into Bitcoin and Ethereum. It seems like they're taking advantage of the market trends.Citigroup is apparently reviewing its partnership with Metaco, a company owned by Ripple. I wonder what that means for their future collaboration.Coinbase, one of the popular cryptocurrency exchanges, is prioritizing security as it prepares to launch its Mainnet. It's good to see them putting safety first.And speaking of expansion, Ethereum Name Service is gearing up for a layer 2 expansion. It's great to see the Ethereum ecosystem growing and offering more possibilities.Litecoin has been performing well, reaching a 14-month high above $100, and Bitcoin is reclaiming the $30,000 mark. Looks like an exciting time in the cryptocurrency market.Binance's Yi He recently spoke about their battle with the SEC and her relationship with CZ, the CEO of the exchange. It's always interesting to hear about the behind-the-scenes of such high-profile disputes.In other news, fundraisers in the Russian military have received $20 million in crypto amid sanctions over the Ukraine invasion. This raises questions about the role of cryptocurrencies in international conflicts.A judge has ordered Kraken, a popular cryptocurrency exchange, to turn over user information to the IRS. It seems like regulatory scrutiny is intensifying.There's been a lot of speculation about Ripple's ongoing legal battle with the SEC. Some believe that Ripple will definitely lose, but there might be a catch. It'll be interesting to see how this unfolds.

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