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 April 10: Bitcoin (BTC) Exceeds 400 Million Transactions But Has Lots Of Room To Grow, Bitstamp Gets New York BitLicense
Crypto.IQ Daily Radio Show April 9: China May Ban Bitcoin (BTC) Mining, Coinbase Listing EOS And Augur (REP), Facebook Looking To Raise $1 Billion For Its Stablecoin
Crypto.IQ Daily Radio Show April 8: Litecoin (LTC) Block Halvening Coming In August, Chinese Investors Buying Up Tether (USDT), Russia’s Gazprom To Use Blockchain Technology
Crypto.IQ Daily Radio Show April 5: Crypto Market Stabilizes With Bitcoin (BTC) Near $5,000
Crypto.IQ Daily Radio Show April 4: SEC Approves An ICO For The First Time And Releases Crypto Security Guidance
Crypto.IQ Daily Radio Show April 3: Bullish Morning On The Crypto Market
Crypto.IQ Daily Radio Show April 2nd: Bitcoin (BTC) Rallies To Over $5,000 And Total Crypto Market Cap Gains $18 Billion
Crypto.IQ Daily Radio Show April 1
Bitcoin (BTC) Finally Breaks $4,000 Resistance Level, Coinbase Announces Institutional Staking Service Causing Tezos (XTZ) To Rally 19 Percent, Jihan Wu Says ProgPoW and Cuckoo ASICs Will Be Created
Hacker Printed 2.25 Billion Stellar (XLM) In 2017, Running A Lightning Node Can Earn 1 Percent Annually, Finland To Directly Supervise Localbitcoins, Mining Manufacturer Canaan To Try And Do An IPO
Crypto.IQ Daily Radio Show March 27
Bond Yield Curve Inverting Suggests Coming Economic Recession And May Lead To Bitcoin (BTC) Bull Run, Block Halvening In May 2020 Can Also Enhance The Chances For A Bull Market
Crypto.IQ Daily Radio Show March 25
Mexico’s Central Bank Trying To Ban Cryptocurrency Exchanges, Dubai’s First Crypto ATM Shutdown Due To Lack Of KYC/AML, AriseBank CEO Faces 20 Years In Prison After Fraudulent AriseCoin ICO
Mt. Gox Civil Rehabilitation Progressing, Bitcoin (BTC) Lightning Torch Coming To An End Soon, Attackers Exploiting Bug In Augur Prediction Markets, Twitter CEO Going All-In On Crypto
Crypto.IQ Daily Radio Show March 20: Bitcoin (BTC) Mining Hash Rate Rises Back To 52 EH/s, Cryptopia Re-Opens Although No Plan Yet To Reimburse User’s Losses,CCD Raising Funds To Overthrow North Kor
ederal Court Subpoenas Jeff Garzik For Information About Satoshi And Other Early Bitcoiners For Craig Wright Lawsuit, Bitcoin (BTC) ATMs Reach 4,430 Worldwide
Bitcoin (BTC) Finally Breaks $3,900 Resistance Level, Gatecoin Crypto Exchange Shuts Down, Mark Karpeles Faces Court Case In Illinois, Canadian Regulators May Ban Crypto Short Selling
Crypto Market In The Green This Morning, Mark Karpeles Not Going To Prison,CBoE Discontinues Bitcoin Futures,MakerDAO Resembles Federal Reserve As It Raises Stability Fee To Bring Dai (DAI) Back To $1
Tether (USDT) No Longer 100 Percent Backed By Cash Reserves, Coinbase Adding Stellar (XLM), Negative Interest Rates Proliferating Worldwide Could Lead To Bitcoin (BTC) Rally
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