TGIF Nostr Zapathon Also Tonight At 5pm EST. Zap Zapped | Episode 75 Week 31

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 the following topics: long-term holders of Bitcoin reaching an all-time high supply, Coinbase approved for Bitcoin futures trading, El Salvador's successful Bitcoin strategy, PayPal UK stopping Bitcoin purchases, Tether ending support for certain blockchains, El Salvador adopting Bitcoin and Argentina's political win, the potential for hyperinflation in a Latin American country, and the SEC's skepticism on approving Bitcoin ETFs and the impact of Republican Presidency.Hey there, Bitcoin enthusiasts! I've got some exciting news for you today. It looks like the supply of Bitcoin held by long-term holders has reached an all-time high at 14.6 million Bitcoins. Wow, that's quite a significant number! These HODLers have been holding on to their digital coins for the long haul, and now they're reaping the benefits. Meanwhile, it seems that the supply of Bitcoin held by short-term holders has taken a dip. It's currently sitting at 2.56 million Bitcoins, which is the lowest level we've seen since the end of 2021. It's always interesting to see how the balance between long-term and short-term holders shifts over time. Right now, it seems like the long-term HODLers have the upper hand. Now, here's some breaking news for our friends in the United States. Coinbase, one of the leading cryptocurrency exchanges, has been approved to offer Bitcoin futures trading. This is a big deal, folks! It's another step towards mainstream adoption of Bitcoin and cryptocurrencies in general. The United States continues to make exciting progress in embracing digital assets. Speaking of embracing cryptocurrencies, let's talk about El Salvador's Bitcoin strategy. It's safe to say that they are winning! El Salvador was the first country in the world to adopt Bitcoin as legal tender, and they've certainly made a splash in the crypto world. With their Bitcoin Law in effect, Salvadorans can now use Bitcoin for everyday transactions. It's a bold move that has garnered global attention and sparked discussions about the future of money. In other news, we have an interesting development in the world of Bitcoin trading volume. It seems that we're currently at the lowest point ever recorded in terms of trading volume.