On this edition of the Crypto.IQ Daily Radio Show, we do a deep dive market analysis. The crypto market is generally in the green this morning with Bitcoin (BTC) approaching the $5,300-$5,400 resistance level. Binance Coin (BNB) is rallying due to the announcement that the Binance Chain has gone live, and the Binance DEX should be live within the next week. We discuss how Coinbase revenues and profits have been cut in half from 2017 to 2018 due to the bear market, but 2019 might be better due to the resurgence of the crypto market. Hear about how the government of France may start accepting Bitcoin (BTC) donations for the burned-down Notre Dame cathedral, even though $1 billion of donations have already been received, and that is more than enough money to rebuild. We also discuss how Bitcoin (BTC) has the same transaction volume in 10 days that Venmo has in a year, but this might not be a good comparison since PayPal and Square Cash have overtaken Venmo’s market share. That being said, Bitcoin (BTC) adoption is indeed rapidly rising long term.
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Crypto.IQ Daily Radio Show Feb. 12: Venezuela Plans on Regulating Bitcoin (BTC), Reality Shares Launching Bitcoin ETF Based on CME and CBOE Futures, Morgan Creek Investing Pension Funds Into Blockchain and Crypto, Ethereum (ETH) dApps Have Extremely Low Adoption, Binance DEX to Compete With Ethereum (ETH)
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