On this edition of the Crypto.IQ Daily Radio Show we do a deep dive market analysis. Bitcoin (BTC) has broken through resistance at $5,300 and has risen to $5,400, and the rest of the crypto market is starting to move into the green. The premium for Bitcoin (BTC) on Bitfinex continues to grow and is around $400 above the global average at this time. Tether (USDT) has simultaneously dropped to $0.98 on Kraken. This is happening amid a continuing flurry of news regarding the New York Attorney General’s Office lawsuit against Bitfinex and Tether (USDT). Rumors continue that Bitfinex is about to raise enough money to cover their $850 million loss at Crypto Capital via an initial exchange offering (IEO). Hear about how Craig Wright continues to sue people who publicly say that Craig Wright is not Satoshi, and now Craig Wright has called out John McAfee. In response John McAfee says he is right next to Calvin Ayre’s house in Antigua and wants to talk to Craig Wright in person. Learn about how Bitcoin (BTC) is the best way to send large amounts of money. A whale just sent $212 million of Bitcoin (BTC) for less than $4 of fees. We discuss how Square has seen growing Bitcoin (BTC) sales quarter over quarter, but compared to global Bitcoin (BTC) volume the amount that Square sells is still practically negligible.
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