Crypto.IQ Daily Radio Show June 27: Wild Day for Bitcoin (BTC) as Price Hits New 2019 High of $13,880 Before Dropping as Low as $11,200, CME Bitcoin Futures Expiration Tomorrow, Another City in Florida Hit by Ransomware, Singapore Crypto Exchange Bitrue Hacked, Craig Wright to Appear in Federal Court Tomorrow, Indian Crypto Exchange Koinex Closing Down

June 27, 2019 / by Zachary Mashiach

Listen to the June 27 Crypto.IQ Daily Radio Show

On this edition of the Crypto.IQ Daily Radio Show, we do a deep dive market analysis. Bitcoin (BTC) has had a wild 24 hours, peaking as high as $13,880 yesterday afternoon before declining as low as $11,200 this morning. The CME Bitcoin Futures expiration tomorrow may be related to the current turbulence in the crypto market. It seems the fundamentals behind this year’s crypto rally are still in place, including Chinese capital outflows, a potential upcoming stock market recession, and tensions with Iran. We discuss how another city in Florida was hacked by ransomware and was forced to pay half a million dollars of Bitcoin (BTC) and how the Singapore crypto exchange Bitrue was hacked for $4.3 million. Learn how the Indian crypto exchange Koinex is closing down due to increasingly strict regulations, and in general Indians have transitioned to peer to peer Bitcoin (BTC) trading due to the lack of crypto exchanges. Hear about Craig Wright appearing in a Florida Federal Court tomorrow in relation to the 1.1 million Bitcoin (BTC) lawsuit between him and the heirs of Dave Kleiman. 

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