Crypto.IQ Daily Radio Show July 1: Bitcoin (BTC) Declines Below $11,000 as Talks Resume Between China and the United States, Craig Wright Says He Is Satoshi in Federal Court but Claims to Have Lost Access to 1 Million Bitcoins (BTC), Canadian Silk Road Weed Dealer Wants His Bitcoins (btc) Back, Price of Bitcoin (BTC) Soars to $76,000 in Zimbabwe as Government Reintroduces Zimbabwean Currency and Bans All Other Currencies

July 1, 2019 / by Zachary Mashiach

Listen to the July 1 Crypto.IQ Daily Radio Show

On this edition of the Crypto.IQ Daily Radio Show, we do a deep dive market analysis. Bitcoin (BTC) and the rest of the crypto market is declining this morning on news that trade talks have been re-initiated between the United States and China. Simultaneously, though, an Israeli airstrike in Syria has increased tensions in the Middle East, and if a war breaks out with Iran, that could cause a Bitcoin (BTC) rally. We discuss how Craig Wright appeared in Federal Court on Friday and claimed to be Satoshi Nakamoto. He also claims to have lost the one million Bitcoin (BTC) he mined with Dave Kleiman. The court case will continue later this summer. Hear about a Canadian weed dealer who trafficked marijuana on the original Silk Road and then went to prison. Now he wants his Bitcoin (BTC) back. This case is interesting because weed was illegal in Canada back when the weed dealer went to prison, but now it’s legal in Canada. We also discuss how Zimbabwe has reintroduced its native fiat currency 11 years after the Zimbabwean dollar collapsed, and simultaneously, Zimbabwe has banned all other currencies including Bitcoin (BTC). This has caused the price of Bitcoin (BTC) in Zimbabwe to soar to $76,000. 

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