Crypto.IQ Daily Radio Show Zachary Mashiach

On this edition of the Crypto.IQ Daily Radio Show we do a deep dive market analysis. Bitcoin (BTC) is up $1,600 since yesterday morning, but altcoins continue to decline relative to Bitcoin (BTC), aside from Tezos (XTZ) which has rallied 24%. It seems Bitcoin (BTC) may have bottomed out near support at $10,000, which is a bullish sign. We discuss how Congress is calling for Facebook to halt all Libra activities until regulators have a chance to dissect and regulate the project, casting doubt on whether Libra will ever launch. Hear about how CoinFLEX, which is a crypto exchange in the Seychelles, is launching initial futures openings (IFOs). Essentially an IFO is a speculative market on a token that has not launched yet, making it possible to bet on whether crypto projects will fail or succeed before their tokens go public. Learn about how Cuba says they are looking into using cryptocurrencies amid tightening sanctions and a worsening economy.  

On this edition of the Crypto.IQ Daily Radio Show we do a deep dive market analysis. Bitcoin (BTC) is testing the critical $10,000 support level this morning. We discuss how illicit activity now accounts for less than 1% of all Bitcoin (BTC) transactions, which is down from 7% in 2012. Hear about how BitMEX is launching zero coupon bonds, which will essentially be a way for investors to earn annual yields from putting their money into stable and reputable crypto companies. Also, Binance is launching crypto futures with 20X leverage. Learn about how blockchain startups have raised $822 million in the first half of 2019, aside from over $1 billion raised by initial exchange offerings (IEOs). We also discuss how Bitfinex has repaid $100 million out of $700 million taken out of Tether’s (USDT) reserves, and this has taken place ahead of a court date between Bitfinex and the New York Attorney General’s Office at the end of this month.

 On this edition of the Crypto.IQ Daily Radio Show we do a deep dive market analysis. Bitcoin (BTC) and the rest of the crypto market is declining this morning on news that trade talks have been re-initiated between the United States and China. Simultaneously though, an Israeli airstrike in Syria has increased tensions in the Middle East, and if a war breaks out with Iran that could cause a Bitcoin (BTC) rally. We discuss how Craig Wright appeared in Federal Court on Friday and claimed to be Satoshi Nakamoto, and also claims that he lost the 1 million Bitcoins (BTC) he mined with Dave Kleiman. The court case will continue later this summer. Hear about a Canadian weed dealer who trafficked marijuana on the original Silk Road and then went to prison, and now he wants his Bitcoins (BTC) back. This case is interesting, because weed was illegal in Canada back when the weed dealer went to prison, but now weed is legal in Canada. We also discuss how Zimbabwe has reintroduced their native fiat currency 11 years after the Zimbabwean dollar collapsed, and simultaneously Zimbabwe has banned all other currencies including Bitcoin (BTC). This has caused the price of Bitcoin (BTC) in Zimbabwe to soar to $76,000. 

On this edition of the Crypto.IQ Daily Radio Show we do a deep dive market analysis. Bitcoin (BTC) is rising towards $12,000 after dropping as low as $10,200 yesterday afternoon. The CME Bitcoin Futures Expiration occurred at 11 a.m. Eastern Time this morning. Perhaps Bitcoin (BTC) now has a better chance at rising back to the 2019 high and resistance level of $13,900 since the CME Bitcoin Futures Expiration is done. We discuss how Iran has seized 1,000 Bitcoin (BTC) mining rigs, and is saying that it is illegal to mine with electricity from the national power grid. This is likely due to Iran trying to stomp out Bitcoin (BTC), since the Iranian fiat currency is doing poorly, and Iran does not want Bitcoin (BTC) to accelerate the collapse of the Iranian fiat currency. Hear about how the Irish crypto exchange Bitsane shutdown their website and social media accounts all at once and disappeared, and an unknown amount of money has been lost. Learn about how video sharing platform TaTaTu is no longer focusing on crypto or blockchain despite raising $575 million in an ICO. We also discuss a new theory about how a blockchain firm in Estonia called Guardtime invented Bitcoin (BTC), since Guardtime was working on blockchain as early as 2008. However there is no definitive proof. There have been numerous theories as to who Satoshi Nakamoto is, but no theory is proven at this point. 

On this edition of the Crypto.IQ Daily Radio Show we do a deep dive market analysis. Bitcoin (BTC) has had a wild past 24 hours, peaking as high as $13,880 yesterday afternoon before declining as low as $11,200 this morning. The CME Bitcoin Futures Expiration tomorrow may be related to the current turbulence in the crypto market. It seems the fundamentals behind this year’s crypto rally are still in place, including Chinese capital outflows, a potential stock market recession in the future, and tensions with Iran. We discuss how another city in Florida was hacked by ransomware and was forced to pay half a million dollars of Bitcoin (BTC), and how the Singapore exchange Bitrue was hacked for $4.3 million. Learn about how the Indian crypto exchange Koinex is closing down due to increasingly strict regulations, and in general Indians have transitioned to peer to peer Bitcoin (BTC) trading due to the lack of crypto exchanges. Hear about how Craig Wright is appearing in a Florida Federal Court tomorrow in relation to the 1.1 million Bitcoin (BTC) lawsuit between him and the heirs of Dave Kleiman. 

On this edition of the Crypto.IQ Daily Radio Show we do a deep dive market analysis. Bitcoin (BTC) has continued to run with the bulls and has reached a new 2019 high of $12,800. Notably, during the major rally in 2017 it only took 11 days for Bitcoin (BTC) to rise from this level to the all-time high of $20,000. Also, the 313% gains for Bitcoin (BTC) since the bear market low are equivalent to the past 23 years of gains on the Dow Jones Industrial Average (DJIA). Altcoins continue to do poorly relative to Bitcoin (BTC), causing the Bitcoin (BTC) dominance percentage to rise to 61%. Burstcoin (BURST) has bucked the downward altcoin trend and is up 150% in the past week. We discuss the fundamental factors behind this Bitcoin (BTC) bull run, including Chinese capital outflows, the stock market hitting its zenith with a likely recession incoming, potential war with Iran, and the May 2020 block halving. The CME Bitcoin Futures Expiration is on Friday, but the strong fundamentals behind the Bitcoin (BTC) rally may overwhelm the influence of CME Bitcoin Futures traders. Learn about how Square has begun accepting Bitcoin (BTC) deposits for the Square Cash App, which essentially turns the square card into a crypto debit card. Hear about how Bitfinex is launching 100X leverage margin trading to compete with BitMEX.