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Crypto.IQ Daily Radio Show June 12: Coinbase Debit Card Expands Across Europe, Monero Looks To Introduce RandomX Algorithm Which Would Favor CPU Miners, CryptoCompare Ranks The Top 10 Exchanges
Manage episode 346993591 series 3121339
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On this edition of the Crypto.IQ Daily Radio Show we do a deep dive market analysis. The crypto market is generally bullish this morning, with Bitcoin (BTC) near the top of its trading range and Litecoin (LTC) continuing to rally. We discuss how Monero (XMR) may introduce the RandomX mining algorithm in a future hard fork, which would favor CPU miners, and how in general Monero (XMR) has had to continuously hard fork to maintain ASIC resistance. Hear about the Coinbase crypto debit card which is spreading across Europe but is not yet available in the United States. Learn about CryptoCompare’s new crypto exchange ranking system, which instead of using volume uses several parameters to grade the quality of crypto exchanges. Also hear about Visa B2B Connect, which is a blockchain fueled cross-border payments network similar to Ripple (XRP). We also discuss the apparent correlation between the USD/Chinese Yuan (CNY) and Bitcoin (BTC) markets, indicating there is some sort of connection between Bitcoin (BTC) and major fiat currencies.
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