Crypto.IQ Daily Radio Show June 28: Bitcoin (BTC) Rises Back Towards $12,000 As CME Bitcoin Futures Expire For The Month Of June, Iran Seizes 1,000 Bitcoin (BTC) Mining Rigs
Manage episode 346993579 series 3121339
On this edition of the Crypto.IQ Daily Radio Show we do a deep dive market analysis. Bitcoin (BTC) is rising towards $12,000 after dropping as low as $10,200 yesterday afternoon. The CME Bitcoin Futures Expiration occurred at 11 a.m. Eastern Time this morning. Perhaps Bitcoin (BTC) now has a better chance at rising back to the 2019 high and resistance level of $13,900 since the CME Bitcoin Futures Expiration is done. We discuss how Iran has seized 1,000 Bitcoin (BTC) mining rigs, and is saying that it is illegal to mine with electricity from the national power grid. This is likely due to Iran trying to stomp out Bitcoin (BTC), since the Iranian fiat currency is doing poorly, and Iran does not want Bitcoin (BTC) to accelerate the collapse of the Iranian fiat currency. Hear about how the Irish crypto exchange Bitsane shutdown their website and social media accounts all at once and disappeared, and an unknown amount of money has been lost. Learn about how video sharing platform TaTaTu is no longer focusing on crypto or blockchain despite raising $575 million in an ICO. We also discuss a new theory about how a blockchain firm in Estonia called Guardtime invented Bitcoin (BTC), since Guardtime was working on blockchain as early as 2008. However there is no definitive proof. There have been numerous theories as to who Satoshi Nakamoto is, but no theory is proven at this point.
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