Home Crypto Daily Recap Daily Crypto Roundup 10/1/2018

Daily Crypto Roundup 10/1/2018

The first day of October started off the month with an eventful day in the crypto space. Although Bitcoin price remained stagnant for yet another day, the headlines saw movement. Here’s the day’s action:

Ripple Event Reveal: 3 Companies Are Now Using XRP For Real Payments

Today it was announced at the Ripple Swell Conference, that Ripple product xRapid is now being utilized commercially by 3 companies. xRapid uses the XRP token as a means for worldwide payments, providing added speed and liquidity. The 3 companies include MercuryFX, Cuallix, and Catalyst Corporate Credit Union.

Read on CoinDesk

Bill Clinton: Over-Regulation Could Kill Blockchain’s ‘Golden Goose’

Bill Clinton spoke at the Ripple Swell conference today, making a point new technology could in fact be killed off by excessive regulation. Clinton also made interesting points in relation to cybersecurity difficulties for the U.S. government, as well as the importance of the fact that blockchain is borderless.

Read on CoinDesk

Report: Institutional Investors Largest Buyers Of Crypto Transactions Over $100K

Based on reports from Bloomberg, CoinTelegraph explains that institutional investors are now the main purchasers of cryptocurrencies, as far as $100,000 (and over) transactions go. This category formerly belonged to individuals of high net-worth.

This could show that interest is still brewing in the shadows, amidst a bear market (opinion).

Read on CoinTelegraph

China’s Oldest Tech Publication Begins Accepting Bitcoin Payments

Technology Life (a product of Beijing Science and Technology News) announced that they will welcome Bitcoin as compensation for subscription beginning in 2019. The move is aiming in part, to give publicity to crypto and blockchain tech, as well as achieve greater diversity.

Read on Bitcoinist

Malta To UN: Cryptocurrency Is the ‘Inevitable Future Of Money’

Joseph Muscat (Prime Minister of Malta) made a bold statement on September 27, that crypto is “the inevitable future of money”. Muscat also makes additional statements as to how blockchain helps cryptocurrencies achieve transparency and additional significant potential. Malta has been dubbed ‘Blockchain Island’, with many crypto exchanges and projects residing within the jurisdiction of Malta, including the likes of Binance.

Read on Bitcoinist

 

The above is to be considered opinion and not investment advice in any way, as an unbiased media, no one interferes with the Editorial content of CryptoInsider.com, writers have freedom to choose their own direction, members of Crypto Insider do not participate in trades based on content.

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BTC: 1HozPdTTJahPigLXwMShErhubZLobBhFPL
ETH: 0xDf4d2529D777a80717E85Ed2269830ad6265951B
LTC: LMT3LCbCSvActkVo4dgzbHjn1HPrCgKch2
BCH: 17sFsLgZq9jibtqi5Bo5SiUcCD4TG8RQwE

Benjamin Pirus
Benjamin Pirus
BJ is a full time writer, editor, and trader in the cryptocurrency space. He has written many professional articles for numerous ICOs, news sites, and other interested parties in the crypto space. He is also a trader, staying up to date with the crypto markets constantly, and dabbling in traditional financial market trading occasionally.

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