Monday, October 22, 2018

Square Terminal / Ravencoin / Chinese Regulations / dYdX

Subscribe | View in browser

$BTC (1:01 p.m. EST): $6,483.43 (-0.63%) // 90-day high: $8,209.07 // 90-day low: $6,253.11/ / More

$BCH (1:01 p.m. EST): $446.02 (-1.51%) // 90-day high: $844.12// 90-day low: $420.58 // More

$ETH (1:02 p.m. EST): $204.28 (-1.04%) // 90-day high: $531.53 // 90-day low: $171.58 // More

$LTC (1:02 p.m. EST): $52.19 (-2.06%) // 90-day high: $107.31 // 90-day low: $49.35 // More

$XRP (1:02 p.m. EST): $0.45 (-1.46%) // 90-day high: $0.57 // 90-day low: $0.22 // More

Here are the 10 most important stories about bitcoin and cryptocurrencies today

Facebook gray   Twitter gray   Email gray   Permalink gray

1. Square unveiled a point-of-sale terminal last week that some in the crypto community might be a sign of possible bitcoin integration. Square has already integrated bitcoin use into its application. The new PoS terminal, if it allows bitcoin transactions, could serve as a major step in bitcoin's mainstream adoption. However, Square is yet to comment on that possibility, leaving that idea as speculation for at least right now. –BITCOINIST

Square PoS terminal excites bitcoin community
Facebook gray   Twitter gray   Email gray   Permalink gray

2. Ravencoin has risen 220 percent in the past week and is now up more than 270 percent in the last month. The coin, which launched at the beginning of 2018, was forked from the bitcoin code. Its name comes from "Game of Thrones," because of course it does. "In the fictional world of Westeros, ravens are used as messengers that convey true statements. Ravencoin is a use-case-specific blockchain that is supposed to deliver true statements about who owns which assets." There has been no reason given for the sudden price increase. –CAPTAIN ALTCOIN

Ravencoin rises 220 percent in a week
Facebook gray   Twitter gray   Email gray   Permalink gray

3. China's top-level internet watchdog, the Cyberspace Administration of China, published draft regulations for blockchain-based services. The draft proposes 23 articles for the regulation of all companies that provide blockchain-based services to the Chinese public. The most notable regulation would make it mandatory for service providers to ask users to register using their real names, phone numbers and national identification cards. –COIN TELEGRAPH

Facebook gray   Twitter gray   Email gray   Permalink gray

4. dYdX, a crypto startup allowing investors to short ethereum, has raised $10 million. The company has also developed financial software that allows people to borrow money from one another without using a broker. dYdX also allows its customer to invest in other crypto-related products, including interest-generating loans, short sells, or leveraged long positions. –FORTUNE

dYdX raises $10 million in funding round
Facebook gray   Twitter gray   Email gray   Permalink gray

5. Genesis Global Trading CEO Michael Moro said bitcoin could still hit $10,000 this year. –NEWS BTC

6. Taiwan Semiconductor Manufacturing Company, the world's largest semiconductor producer, has weakened its forecast for the rest of the year amid declining demand of crypto mining hardware. –BITCOIN.COM

7. Strong words: ethereum has no future and will never rise in price again. –COINNOUNCE

8. A restaurant in New Jersey now takes bitcoin. –NORTHJERSEY.COM

9. A great quote: "I make my money from bitcoin and tasty roast meat." –BBC

10. An explainer on submarine swaps. –BLOCKONOMI

Facebook gray   Twitter gray   Email gray   Permalink gray

Written and curated by David Stegon. He has been a reporter for 15 years, the past 10 focused on technology. Follow him @davidstegon.

Editing team: Lon Harris (editor-in-chief at Inside.com, game-master at Screen Junkies), Krystle Vermes (Breaking news editor at Inside, B2B marketing news reporter, host of the "All Day Paranormal" podcast), and Susmita Baral (editor at Inside, recent bylines in NatGeo, Teen Vogue, and Quartz. Runs the biggest mac and cheese account on Instagram).

Facebook gray   Twitter gray   Email gray   Permalink gray
Copyright © 2018 Inside.com, All rights reserved.

Our mailing address is:
Inside.com
767 Bryant St. #203
San Francisco, CA 94107



Did someone forward this email to you? Head over to inside.com to get your very own free subscription!

You received this email because you subscribed to Inside Bitcoin. Click here to unsubscribe from Inside Bitcoin list or manage your subscriptions.