The Bitcoin Street Journal Bitcoin Market Update Episode 43 Week 26

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 decentralized Twitter rival Bluesky's funding raise, OpenAI's leaked stable diffusion XL v0.9 and ChatGPT's traffic dip, Multichain funds movement, web3 conference in India hosted by Hashed Emergent and MarketAcross, various updates on cryptocurrencies including Bitcoin, Litecoin, ETH, XRP, and Shiba Inu, controversies surrounding BlockFi and FTX, OpenAI's feature withdrawal, Bitfinex's asset return, Binance executives resigning, CryptoQuant's funding raise, FBI raid on Kraken founder's home, the Nostrovia podcast, Bitcoin as a store of value, and the strategic moves of shrimp investors and BRICS towards a new gold-backed currency.Hey there! Let's dive into some interesting news from the tech world.Decentralized Twitter competitor, Bluesky, just announced that they raised an impressive $8 million in seed funding and also unveiled their first paid service. This is an exciting development in the world of social media.Moving on, Abracadabra Money, known for its innovative approach to decentralized finance (DeFi), is considering registering their DAO as a centralized legal body. This move would potentially bring a certain level of centralized structure to their operations.Meta, the company behind the popular 'Twitter Killer' app called Threads, has already onboarded millions of users within hours of its release. However, there's a catch! Some users have raised concerns about the fine print, as certain policies could lead to the unintended deletion of millions of Instagram accounts.In the gaming realm, a new game called Eyeball Pool is putting a unique NFT twist on the classic 8-Ball game. Developed by the creators of the highly successful game, 8 Ball Pool, this iOS and Android game will be built on Immutable zkEVM.In the world of cryptocurrencies, DeFi traders have encountered losses of a staggering $228 million due to hackers in just three months. This represents a significant increase in hacks and fraud-related losses. Stay vigilant out there!Circle, a prominent fintech firm, is inching closer to launching its competitor to Coinbase's wallet-building services. They're providing developers with the tools necessary to integrate crypto wallets into their applications.The International Monetary Fund (IMF) published a report emphasizing that preventing tax evasion in Bitcoin transactions requires more than just anti-money laundering measures. They highlight the need for the tax system to adapt to the world of cryptocurrencies.