On this edition of the Crypto.IQ Daily Radio Show, we do a deep dive market analysis. Bitcoin (BTC) hit a new 2019 high of $9,400 on Sunday and is currently trading near $9,300, and the total crypto market cap is at a new 2019 high of $289 billion. Simultaneously, the Bitcoin (BTC) hash rate and number of daily active addresses are back to all-time highs. It appears the three fundamental factors driving Bitcoin (BTC) upwards are Binance banning United States users, a Hong Kong extradition law that is causing wealthy people in Hong Kong to funnel their money offshore with Bitcoin (BTC), and increasing tensions with Iran. We discuss how Craig Wright has been subpoenaed by a federal judge to appear in West Palm Beach on June 28, and how Craig Wright must produce the details of where his Bitcoin (BTC) are stored by today or face criminal contempt of court. More details are coming out regarding Facebook’s cryptocurrency, and there is a gauntlet of major corporations that will be participating in the network. The white paper for Facebook’s cryptocurrency may be released as soon as tomorrow.
September 9, 2019
January 3, 2019