Crypto.iq Daily Radio Show
Crypto.IQ Daily Radio Show May 10: Bitcoin (BTC) Up Over 100% Since December, Bitfinex Successfully Raises $1 Billion Via IEO Despite Ongoing Lawsuit
- Autor: Vários
- Narrador: Vários
- Editor: Podcast
- Duración: 0:26:06
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Sinopsis
On this edition of the Crypto.IQ Daily Radio Show we do a deep dive market analysis. Bitcoin’s (BTC) price is now $6,300, which is over 100% higher than the bear market low in December. Altcoins are looking a bit healthier this morning, and combined with Bitcoin’s (BTC) price rise the total crypto market cap has risen to a new 2019 high of $192 billion. We discuss how Bitfinex has successfully raised $1 billion via an initial exchange offering (IEO) for the LEO token, right in the middle of a lawsuit with the New York Attorney General’s Office. Hear about how Binance is revamping their security following a 7,000 Bitcoin (BTC) hack, and is aiming to re-open deposits and withdrawals early next week. Learn about how MakerDAO originally had 0.5% interest rates for loans backed by Ethereum (ETH) collateral, and this lured in many users, but now interest rates have increased to 19.5% causing big losses for borrowers. We also discuss how congressman Brad Sherman from California has called for banning cryptocurrency,