Listen to the March 29 Crypto.IQ Daily Radio Show

On this edition of the Crypto.IQ Daily Radio Show, we do a deep dive market analysis. Bitcoin (BTC) has finally broken through the $4,000 resistance level, and now all eyes are on the $4,200 long-term resistance level. Tezos (XTZ) has rallied 19 percent following Coinbase’s announcement that it is launching an institutional staking service, and Tezos (XTZ) is the first proof of stake (PoS) cryptocurrency to be offered by this service. Bitmain’s Jihan Wu is beating the war drum by saying that ASICs will likely be created for the supposedly ASIC resistant algorithms ProgPoW and Cuckoo Cycle. Jihan Wu also discussed how Ethereum (ETH) is wrong for trying to ban ASICs and argues that ASICs are a decentralizing force. Also, Bitmain is aiming to release 7 nm chips by the end of the year, in time for the May 2020 block halving. We discuss how Craig Wright and his firm nChain are trying to get as many blockchain patents as possible, and are hiring a lawyer to defend their patents.

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