Bitcoin (BTC) Beach Bet?

June 7, 2019  /  by Bill Noble
This morning, legacy financial markets were forced out of denial regarding the state of the U.S. economy. Job growth slowed notably for the first time in a while. As is always the case with legacy markets, bad economic news is seen as “good” because the stock market expects rates cuts and money printing from the… Read more

Crypto.IQ Daily Radio Show June 7: Clams (CLAM) Crash Causes $14 Million Loss for Poloniex Margin Lenders, Cheap Bitcoin (BTC) Knockoff Bitcoin 2 (BTC2) Pump and Dumps, NEO 3.0 Coming in 2020, Komodo Developers Pre-emptively Hack $13 Million to ‘protect’ Users, Binance Stablecoins Coming Soon, Users of the Voice Social Media Platform Will Earn Voice Tokens

June 7, 2019  /  by Zachary Mashiach
Listen to the June 7 Crypto.IQ Daily Radio Show On this edition of the Crypto.IQ Daily Radio Show, we do a deep dive market analysis. Bitcoin (BTC) rose about $500 since yesterday afternoon and is currently trading near $8,000, and the crypto market is generally in the green. A new knockoff of Bitcoin (BTC) called… Read more

Market Analysis: Bitcoin (BTC) Drops to as Low as $7,500 but Rebounds to $7,700, Crypto Market Generally in the Red, Tezos (XTZ) Rallies 19%

June 6, 2019  /  by Zachary Mashiach
Bitcoin (BTC) has had a volatile past 24 hours. At midnight Eastern time, Bitcoin (BTC) was just below $7,900. Around 8 a.m., Bitcoin (BTC) began to decline, dropping to as low as $7,500 at 2:30 p.m. Bitcoin (BTC) managed to rebound in the past couple of hours, however, and is currently trading near $7,700. It… Read more

Crypto.IQ Daily Radio Show June 6: Facebook to Announce Details of GlobalCoin This Month, DARPA Studying Trends on Crypto Reddit, Tether (USDT) Trading Volume Shifts from United States to China, Mimblewimble Cryptocurrency Grin (GRIN) to Have a Hard Fork in July, Marshall Islands to Launch National Cryptocurrency

June 6, 2019  /  by Zachary Mashiach
Listen to the June 6 Crypto.IQ Daily Radio Show On this edition of the Crypto.IQ Daily Radio Show, we do a deep dive market analysis. The crypto market is mixed this morning but generally in the red, and Bitcoin (BTC) is trading near $7,700. Facebook is expected to announce details regarding GlobalCoin this month. Some… Read more

A Living Wage in a Currency that Works: Crypto

June 6, 2019  /  by Bill Noble
Yesterday, socialist leaning presidential candidate Bernie Sanders ‘crashed’ the WalMart annual shareholders meeting. Towards the end of his remarks, Sanders called on WalMart to pay its employees a living wage of $15 per hour. Sanders was quoted as calling current WalMart wages ‘starvation wages.’ He also noted the bitter irony that the Walton family that… Read more

Bitcoin (BTC), Ethereum (ETH), S&P (ES): Tracking the Crypto Consolidation

June 5, 2019  /  by Bill Noble
There is some good news on the charts today. CME Bitcoin (BTC) futures held support near $7,400 despite the sour stochastics situation (Figure 1). $8,666 and $6,300 are the other relevant levels. Right now, Bitcoin’s (BTC) technical picture is mixed. Figure 1 Looking at the Ethereum (ETH) chart, support at $240 held (Figure 2). If… Read more

Market Analysis: Crypto Market Partially Recovers Its Losses, Total Crypto Market Cap Gains $8 Billion

June 5, 2019  /  by Zachary Mashiach
Bitcoin (BTC) dropped to as low as $7,490 yesterday at 6 p.m. Eastern time, down $1,540 from the 2019 high of $9,030 on May 30. During the same period of time, the total crypto market cap lost $46 billion, dropping from $287 billion to $241 billion. Today has seen a partial recovery across the crypto… Read more

Blockchain Scaling: Relax and Trust the Process

June 5, 2019  /  by Steven Lubka
The process of technology discovery, innovation, and improvement is a fundamentally human story. When humans discover a new technology or application, there is, over time, a continuous process during which that technology becomes refined. We know a lot more about making a wheel today than we did thousands of years ago, and we will know… Read more

Crypto.IQ Daily Radio Show June 5: SEC Suing Kik After $100 Million Kin ICO, Utreexo Will Make it Much Easier to Run a Bitcoin (BTC) Full Node, Former Mt. Gox CEO Launching a New Blockchain Company

June 5, 2019  /  by Zachary Mashiach
Listen to the June 5 Crypto.IQ Daily Radio Show On this edition of the Crypto.IQ Daily Radio Show, we do a deep dive market analysis. The crypto market is in the red this morning and Bitcoin (BTC) dropped as low as $7,500 yesterday evening. The CME gap and a longer-term support level suggest Bitcoin (BTC)… Read more

Bitcoin (BTC) Drops to as Low as $7,560, Most Major Cryptocurrencies Down Over 10%, Total Crypto Market Cap Sheds $42 Billion Since 2019 High Last Week

June 4, 2019  /  by Zachary Mashiach
Around 7 p.m. Eastern time yesterday, Bitcoin (BTC) quickly dropped from $8,500 to $7,800. Bitcoin (BTC) managed to rise to $8,000 by 10 a.m. this morning, but another round of selling this afternoon brought Bitcoin (BTC) down to as low as $7,560. Currently, Bitcoin (BTC) is trading near $7,600 with a 24-hour change of -10%.… Read more