Crypto.IQ Daily Radio Show June 10: Litecoin (LTC) Block Halving In Less Than 2 Months, India Proposes 10 Year Prison Sentence For Anyone Who Holds Cryptocurrency
Manage episode 346993593 series 3121339
On this edition of the Crypto.IQ Daily Radio Show we discuss how India has proposed a 10 year prison sentence for anyone who holds Bitcoin (BTC). This law has not passed yet, but if it does pass it would turn cryptocurrency into a black market in India. Hear about how John McAfee claims he is launching a Bitcoin (BTC) debit card, which is considered a holy grail for cryptocurrency adoption. Learn about how some of the 119,000 Bitcoins (BTC) stolen in the 2016 Bitfinex hack are beginning to move around, raising speculation that the hackers are trying to cash out. We also discuss the Litecoin (LTC) block halving that is happening in less than 2 months, where block rewards will drop from 25 Litecoins (LTC) to 12.5 Litecoins (LTC). This Litecoin (LTC) block halving may help fuel a crypto market rally. Also hear about how the Mayor of Vancouver is calling for a Bitcoin (BTC) ATM ban, despite Vancouver being the birthplace of the highly successful Bitcoin (BTC) ATM industry. Finally, hear about how CME Bitcoin Futures have achieved record volumes of over $500 million per day in May.
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