Crypto.iq Daily Radio Show

Crypto.IQ Daily Radio Show May 29: Critical CME Bitcoin Futures Expiration On Friday, Removal Of Centralized Coordinator Causes IOTA (MIOTA) To Rally, Stats Show That Bitcoin (BTC) HODLING Is Way Up

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Sinopsis

On this edition of the Crypto.IQ Daily Radio Show we do a deep dive market analysis. Bitcoin (BTC) is near $8,700 this morning after dropping to $8,450 overnight, and it appears stock market weakness is helping to prop up Bitcoin’s (BTC) price. Bitcoin SV (BSV) has rallied more than 50% in the past day. IOTA (MIOTA) has rallied over 20% in the past day due to news that its developers are removing the centralized coordinator from the network, making IOTA (MIOTA) far more decentralized. We discuss the critical CME Bitcoin Futures Expiration that is coming up on Friday. Hear about how Bitcoin (BTC) HODLING is way up among retail and firm-sized investors, and how this has driven the recent rally. We also discuss the mechanisms behind MakerDao and the Dai stablecoin, and how they recently lowered their interest rate from 19.5% to 17.5%.