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Do You Even Bitcoin Anon? Honey Badger Does not GAF | Episode 78 Week 34
In today's episode, we'll cover topics such as Gary Gensler leaving SEC, Bitcoin adoption in Germany and UK, China recognizing Bitcoin, FTX customer funds misused, Bitcoin mining energy, Lightning Network nodes, the increasing number of Bitcoin addresses with a non-zero balance, Bitcoin education in El Salvador's public schools, Ethereum's bearish market performance, crypto investors in Turkey, Russian malware targeting crypto wallets, Canaan's Bitcoin mining revenue, declining volumes for BTC and ETH, Stellar's explosive growth, stablecoins' market cap increase, US presidential nominee DeSantis supporting crypto, the prediction of a spot Bitcoin ETF in America, Cristiano Ronaldo's lie detector test, Cardano's surge in transaction volume, the founders' feud at Gala Games, Nigeria's leadership in crypto awareness, LSE Group's plan for a blockchain-powered trading venue, crypto scams targeting a British woman, Bitcoin inflows despite market conditions, the flat performance of Bitcoin and suffering altcoins, the significant development of Shibarium in the Shiba Inu ecosystem, half of Turkey's population owning cryptocurrency, Oxa's successful fundraising for driverless shuttles, the return of Trevor Jones' digital art event, setbacks faced by the SEC with Bitcoin ETF applications, a crypto pump-and-dump scheme in Hawaii, the compatibility of Stable Diffusion and SDXL with Apple Silicon Mac, Solana's selection for MakerDAO's new blockchain, Binance CEO defending against regulatory scrutiny, concerns about centralization in the Lido staking protocol, Vitalik Buterin selling MKR tokens, Stellar's surge and upcoming news, London Stock Exchange's blockchain-powered digital markets, the legal dispute between Gala Games co-founders, AI-powered film production, an executive departure from Binance, losses at a Drake-backed crypto casino, the potential of crypto to improve financial literacy, the continued activity in the crypto market, Solana's favor among investors, and OpenAI's integration of ChatGPT with Canva - with the added bonus of supporting The Bitcoin Street Journal on various podcast platforms.Hey there! Did you hear the news? Gary Gensler, former chair of the SEC, is on his way out. It looks like his career is over, but fear not, because Bitcoin will live on! And here's some more exciting news: users from Germany and the UK can now purchase cryptocurrencies and Bitcoin on Coinbase using PayPal. That's a game-changer, right? But it's not just Coinbase making waves. The Colorado Department of Motor Vehicles in the US now accepts Bitcoin for online services. Talk about progress! In fact, Jay Clayton, the former SEC Chair, believes that the approval of a Spot Bitcoin ETF is inevitable. That could have some major implications for the crypto market. And there's more good news for Bitcoin enthusiasts in China. The People's Court of China has issued a report clarifying that virtual currencies like Bitcoin have legal status in the nation. That's a big step forward in adopting cryptocurrencies. Now, it's not all good news. We recently learned that $2.5 million of FTX customer funds were used to buy a yacht for Sam Trabucco, the former Co-CEO of Alameda Research. And guess what? His exact location is still unknown. Looks like some sketchy business going on there. I have a little advice for you: stop making scammers rich and start self-custodying your Bitcoin. It's important to protect your assets, so make sure you're in control of your investments. You won't believe this, but it turns out Peter was right about something. I guess even a broken clock is right twice a day, huh? And speaking of trends, the percentage of Bitcoin supply held by entities with less than 10 BTC continues to reach new highs. This has been a positive structural trend throughout Bitcoin's existence. So, keep stacking those sats, folks!