On this edition of the Crypto.IQ Daily Radio Show we do a deep dive market analysis. Yesterday evening Bitcoin (BTC) and the total crypto market cap hit new 2019 highs of $9,435 and $292 billion respectively. Today Bitcoin (BTC) has given back some of its gains, possibly due to stock market bullishness and the indefinite suspension of the Hong Kong extradition bill. The big story of the day is the white paper for Facebook’s new cryptocurrency Libra has been released. The white paper indicates that Libra’s blockchain will be centralized into the hands of major corporations, and the non-profit organization in charge of Libra will be able to change the blockchain’s rules at their discretion. It gets worse, Libra will lack immutability, meaning funds can be frozen or reversed. Also the reserves that back Libra will be invested into various securities and currencies at the discretion of the major corporations running the blockchain, and none of the investment profits will be given to users. Overall Libra has all the faults of fiat currency, and is truly the dark side of the cryptocurrency force. Libra’s centralization is its biggest point of failure, and leaves it vulnerable to government regulation. Governments have a motive to cripple Libra, since Libra is an attempt by major corporations to launch a global fiat currency and run their own central bank, which threatens the power of central banks and governments across the world. Libra will have to get regulatory approval from the governments of the world before it can even launch, and France is the first to say that they will try to stop Libra.
Crypto.IQ Daily Radio Show July 3: Bitcoin (BTC) Has Risen $1,600 Since Yesterday Morning, Altcoins Continue To Weaken Relative To Bitcoin (BTC), Congress Demands Libra Moratorium
Crypto.IQ Daily Radio Show July 2: Bitcoin (BTC) Testing Support Near $10,000, Illegal Activity Now Accounts For Less Than 1% Of Bitcoin (BTC) Transactions, BitMEX Launching Crypto Investment Bonds
Crypto.IQ Daily Radio Show July 1: Bitcoin (BTC) Declines Below $11,000 As Talks Resume Between China And The United States, Craig Wright Says He Is Satoshi In Federal Court But Says He Lost The BTC
Crypto.IQ Daily Radio Show June 28: Bitcoin (BTC) Rises Back Towards $12,000 As CME Bitcoin Futures Expire For The Month Of June, Iran Seizes 1,000 Bitcoin (BTC) Mining Rigs
Crypto.IQ Daily Radio Show June 27: Wild Day For Bitcoin (BTC) As Price Hits New 2019 High Of $13,880 Before Dropping As Low As $11,200, CME Bitcoin Futures Expiration Tomorrow
Crypto.IQ Daily Radio Show June 26: Bitcoin (BTC) Rallies To New 2019 High Of $12,800, Strong Fundamentals May Overwhelm The Influence Of The CME Bitcoin Futures Expiration On Friday
Crypto.IQ Daily Radio Show June 25: Bitcoin (BTC) Rises To New 2019 High Near $11,500, 98% Of Bitcoin SV’s (BSV) Blockchain Activity Is From A Weather App, Facebook’s Libra Team To Testify
Crypto.IQ Daily Radio Show June 24: Bitcoin (BTC) Breaks Through $10,000 And Approaches $11,000 As Bull Run Continues, Possible Future Stock Recession + Iran Tensions + May 2020 Block Halving
Crypto.IQ Daily Radio Show June 21: Bitcoin (BTC) Nears $10,000 After War With Iran Almost Breaks Out, 10 Year Federal Treasury Bond Yields Are Strongly Correlated With Bitcoin’s (BTC) Price
Crypto.IQ Daily Radio Show June 20: Bitcoin (BTC) Once Again Testing Resistance At $9,400-$9,500, QuadrigaCX Founder Stole Money From The Exchange And Then Lost Tens Of Millions Of Dollars
Crypto.IQ Daily Radio Show June 19: Ripple Labs Buying Up Stake In Moneygram To Increase Ripple (XRP) Adoption, Bancor DEX Bans United States Users As Regulation Intensifies
Crypto.IQ Daily Radio Show June 17: Bitcoin (BTC) Hits New 2019 High Of $9,400 After Binance Bans United States Users, Hong Kong Extradition Law May Be Driving Bitcoin’s (BTC) Price Upwards
Crypto.IQ Daily Radio Show May 14: Binance To Ban All United States Users, Bitfinex Burning Off LEO Tokens Every Hour, Circle Closing Down Its Retail Crypto Business
Crypto.IQ Daily Radio Show June 13: Tensions Between The United States and Iran Could Lead To Bitcoin (BTC) Bullishness, Federal Judge Turns Up The Heat On Craig Wright
Crypto.IQ Daily Radio Show June 12: Coinbase Debit Card Expands Across Europe, Monero Looks To Introduce RandomX Algorithm Which Would Favor CPU Miners, CryptoCompare Ranks The Top 10 Exchanges
Crypto.IQ Daily Radio Show June 11: Russia To Ban Crypto Trading And Mining But Holding Will Be Legal, Simultaneously Russia May Setup Crypto Free Trade Zone On The Chinese Border
Crypto.IQ Daily Radio Show June 10: Litecoin (LTC) Block Halving In Less Than 2 Months, India Proposes 10 Year Prison Sentence For Anyone Who Holds Cryptocurrency
Crypto.IQ Daily Radio Show June 7: Clams (CLAM) Crash Causes $14 Million Loss For Poloniex Margin Lenders, Cheap Bitcoin (BTC) Knockoff Bitcoin 2 (BTC2) Pump And Dumps, NEO 3.0 Coming In 2020
Crypto.IQ Daily Radio Show June 6: Facebook To Announce Details Of GlobalCoin This Month, DARPA Studying Trends On Crypto Reddit, Tether (USDT) Trading Volume Shifts From United States To China
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