Listen to the 21 August 2018 Bitcoin News Radio Show below.
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On this edition of the Bitcoin News daily radio show we discuss how record levels of shorts on Bitfinex potentially triggered a short squeeze which caused Bitcoin’s price to rapidly rise. Learn about BitMEX’s research into the size of Satoshi’s Bitcoin stash. Hear about how Tether is stabilized at USD 1 via arbitrage. We also discuss the Proshares Bitcoin ETFs which are due for a decision via the SEC, but are essentially paper Bitcoins based on other paper Bitcoins, and how Nvidia is quitting the crypto game due to GPUs becoming obsolete for mining.
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Image Courtesy: Zachary, Bitcoin News