Cover art for podcast Crypto.IQ Daily Radio Show

Crypto.IQ Daily Radio Show

120 EpisodesProduced by Zachary MashiachWebsite

The Crypto.IQ Radio Show with Space Marine does an in-depth cryptocurrency market analysis everyday, and deep dives the most important stories in the crypto space

20:52

Crypto.IQ Daily Radio Show May 22: Tether (USDT) Tells Court That They Are Investing Reserves In Various Assets, Block.one Gives Early Investors 6,600% Profits In Share Buyback

On this edition of the Crypto.IQ Daily Radio Show we do a deep dive market analysis. Bitcoin (BTC) continues to be range bound between support at $7,600 and resistance at $8,300. Block.one, the company behind EOS, is doing a share buyback for $1,500 per share. Early investors purchased shares at $22.50 and therefore made profits of 6,600%. We discuss how Tether Limited has admitted in court that they use Tether’s (USDT) reserves to purchase Bitcoin (BTC) and other undisclosed assets, in contrast to the original promise that Tether Limited would hold a dollar in the bank for every Tether (USDT) in circulation. Learn about how there are only 2,500 traders that use CME Bitcoin futures, which is surprising considering the big impact that CME Bitcoin futures has on the market. We also discuss how peer to peer Bitcoin (BTC) trading in China is effectively legal because Bitcoin (BTC) is considered property, but if someone is running a trading business and loses money due to the market going down then they may face severe penalties. Hear about how yet another Bitcoin ETF has been submitted to the SEC, and how Sir Bronn of the Blackwater from Game Of Thrones is backing an ICO for VeganCoin. 

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