Select Page

Crypto Weekly Update October 10, 2018

In this episode we review some developments we noticed over the last week or so.  As reported by @Rptr45 on twitter and ZeroHedge, the crypto trading volume has fallen to 17 month lows. Crypto Bobby further discusses the low trading volume of Bitcoin in particular.  Crypto Bobby’s Podcast: https://youtu.be/pvHnqG1wlcM?t=221   Despite the apparent lack of interest in trading crypto, there are several bullish developments in our nascent space.


As reported by @Rptr45 on twitter and ZeroHedge, the crypto trading volume has fallen to 17 month lows.

Crypto Bobby further discusses the low trading volume of Bitcoin in particular: (3:40)

Rptr45 – Twitter – https://twitter.com/Rptr45/status/1049270261575557120

Zero Hedge – https://www.zerohedge.com/news/2018-10-05/bitcoin-trading-volume-touches-lowest-level-bubble

Despite the apparent lack of interest in trading crypto, there are several bullish developments in our nascent space.

Charlie Shreme on Yale University is making a big bet on Crypto.

Leading Institutional Investor Moving Yale Endowment Toward Crypto

Data Dash’s Report on U.S. Equities Market (NASDAQ) – Equities – (13th minute) https://youtu.be/uFcVBqX-E2o?t=780

Bad Crypto reporting on Stellar’s International Payments Rival Product to Ripple.  44th Minute (10/5/18) – XLM competitor to

FEDCOIN is Coming – Bad News for October 4, 2018

Stellar
View story at Medium.com

Ripple’s xRapid Payments Solution is Now Commercially Available

Ripple’s real-time settlement platform xRapid is now commercially available, according to an announcement published October 1. xRapid is a platform designed to speed up international payments, while eliminating the need for a pre-funded nostro account. The product purportedly sources liquidity from digital currency XRP on exchanges globally, making cross-border transactions faster and cheaper compared to traditional methods.

 

Venezuela – https://blockonomi.com/venezuelans-petro-passport/

The international Monetary Fund has predicted that the Venezuelan inflation rate will reach 1,000,000% this year.