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Image Of The Weekend, 13-14 of October: Daily Hodl, Forbes, Blokt and Others

Daniil Danchenko

We're presenting "image of the weekend". Bitnewstoday.com has chosen the most important news about the digital economy and virtual currencies. Only the most valuable stories from only the trusted sources. Each and every event from this list will change the world of the digital economy either way. The most important stories of this weekend in the most indicative quotes are below!

1. IN BED WITH TRUMP (Daily Hodl)

Ripple reveals XRP discussions with the Trump administration

In a new interview, Ripple’s chief marketing strategist Cory Johnson says Ripple has discussed XRP with the Trump administration. In response to a question about the administration’s take on Ripple, Johnson told that the White House is doing an impressive amount of research on crypto at large.

“There’s clearly a lot of homework going on. The White House in particular seems to be thinking about what it means to have 80 percent of Bitcoin mining taking place in China and a majority of Ether mining taking place in China,” said Johnson.

2. INDIA’S FIRST  (Blokt)

Unocoin to launch India’s first cryptocurrency ATM

The crypto fever has grabbed curious Indian investors who have flocked to several homegrown and foreign exchanges to buy digital coins. The Reserve Bank of India (RBI) took action on the unregulated assets and effectively dried up banking resources for cryptocurrency exchanges. However, the market has continued to flourish despite these setbacks. Now one of the prominent exchanges in India is planning to launch India’s first crypto ATM.

The placement of the machines is currently in the development phase, claims Unocoin founder Sathvik Vishwanath. The ATMs will most likely be placed in malls where there is adequate infrastructure to run them. The exact locations where these machines will be available has not been determined as of yet. However, the first machine is placed at 147 MG Road in Delhi. The pictures of this ATM have already been posted on Twitter. The picture shows five crypto logos, including that of Bitcoin, Ethereum, Bitcoin Cash, Litecoin, and XRP.


Dr. Doom ignites a firestorm

Interest in Bitcoin and cryptocurrencies has slowed of late. Earlier this year, across social media, every mention of Bitcoin and cryptocurrency garnered a lot of attention.  There was a particular emphasis on futures, ETFs and any plans that Wall Street was making to bring crypto more mainstream. That interest has waned, at least partly because prices have stalled.

That lack of interest seems to have changed as Nouriel Roubinil seems to have ignited Twitter and social media in a way I have not seen in months, if not longer. Nouriel Roubini has been bashing Bitcoin aggressively with tweets like "Bitcoin must die!". He is backing up his thoughts with useful and relevant information as well.

4. CRYPTO IN SPACE (Daily Hodl)

SpaceX co-founder on crypto in outer space

Jim Cantrell, a mechanical engineer, entrepreneur and the co-founder of SpaceX and Vector Launch, joined The Crypto Show to talk about his early involvement with space and Elon Musk, and how he got into crypto. Cantrell says there’s a rapidly growing space economy that’s fueled by entrepreneurs rather than governments. He was first introduced to cryptocurrencies through his son Colin Cantrell, the creator of Nexus Earth, a quantum-resistant blockchain that also powers its native peer-to-peer cryptocurrency Nexus.

Jim says he and his team at Vector have incorporated Nexus into their vision of space commerce: “We see the march toward space commerce and cryptocurrency to be well-aligned in terms of the way it interacts with the global economy and the way it essentially circumvents a lot of the government dominance in these industries.”


The Netherlands is blazing a trail through the blockchain scene

The world is abuzz about blockchain, but not all are equally up to speed when it comes to their embrace and support of this important emerging technology.

The Netherlands has emerged as such a leader. In fact, it launched government-supported blockchain pilot projects, and pushes for new prototypes, project implementation, and international partnerships. Partners so far include the World Bank, the United Nations, and the EU Forum. The Netherlands also announced in May that the Ministry of Economic Affairs and Climate Policy created a special blockchain unit with a research agenda mainly focused on establishing if the trustless nature of blockchain is reliable enough.

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