This episode, aired on June 2, 2014, provided a market update and discussed major developments surrounding Bitcoin's volatility and potential institutional adoption.
Main Topics Discussed:
* OKCoin and Mt. Gox: Analyzing the possibility of the Chinese exchange OKCoin rescuing the creditors of the failed Mt. Gox exchange.
* Bitcoin Concerts: Coverage of a partnership between Budweiser and Coinbase, which offered Bitcoin giveaways at major US concerts (Made in America tour).
* Price Volatility: Discussion of Bitcoin's rapid price increase, noting that it rose 12.3% (from 570 to 640) in just 48 hours.
Key Quotes:
* "Can Chinese Exchange OKCoin rescue Mt. Gox?"
* "Bitcoin price defies expectations."
* "Has the bottom truly been found?"
People Mentioned:
* OKCoin
* Mt. Gox
* Budweiser
* Coinbase
* Kanye West
* Kings of Leon
* Imagine Dragons
* John Mayor
Bitcoin Price:
* The price was volatile, with a reported last price of 626, a high of 644, and a low of 610. The transcript also noted a peak of $683.