Crypto.IQ Daily Radio Show July 2: Bitcoin (BTC) Testing Support Near $10,000, Illegal Activity Now Accounts For Less Than 1% Of Bitcoin (BTC) Transactions, BitMEX Launching Crypto Investment Bonds
Manage episode 346993577 series 3121339
On this edition of the Crypto.IQ Daily Radio Show we do a deep dive market analysis. Bitcoin (BTC) is testing the critical $10,000 support level this morning. We discuss how illicit activity now accounts for less than 1% of all Bitcoin (BTC) transactions, which is down from 7% in 2012. Hear about how BitMEX is launching zero coupon bonds, which will essentially be a way for investors to earn annual yields from putting their money into stable and reputable crypto companies. Also, Binance is launching crypto futures with 20X leverage. Learn about how blockchain startups have raised $822 million in the first half of 2019, aside from over $1 billion raised by initial exchange offerings (IEOs). We also discuss how Bitfinex has repaid $100 million out of $700 million taken out of Tether’s (USDT) reserves, and this has taken place ahead of a court date between Bitfinex and the New York Attorney General’s Office at the end of this month.
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