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
On this edition of the Crypto.IQ Daily Radio Show we do a deep dive market analysis. Bitcoin (BTC) is rising towards the critical $3,900 resistance level this morning, and the crypto market is largely in the green. Stellar (XLM) is the only cryptocurrency losing value this morning, despite just being added to Coinbase Pro. We discuss how CBoE has discontinued their Bitcoin futures contracts, giving CME a monopoly over Bitcoin futures in the United States. Hear about how Mark Karpeles is not going to prison and instead got the equivalent of four years probation. However, Mark Karpeles may ultimately face a case in the United States for the Mt. Gox collapse. We also discuss how MakerDAO is trying to bring the Dai (DAI) stablecoin back to $1 via raising the stability fee, and how this resembles the Federal Reserve.
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