In Q3 Bitcoin has gained 3.34%, rising from $ 6,313 in June to 6,643 in September. Ripple now is responsible for pulling the weight of the entire industry: its growth corresponds to the decline of Ethereum, while another digital currency is taking off: EOS.

It has been just over four months since the European Union enacted the General Data Protection Regulation (GDPR) to protect the data of those living in the EU. Apparently GDPR conflicts with the blockchain (because of its immutable nature), however, the ideological basis is common: to protect data. Sharing the same objective is favoring a level of flexible interpretation, which is helping the blockchain remain relevant in Europe, while still respecting the GDPR.

About this issue, Brendan Eich, CEO of the decentralized Blockchain-based browser “Brave” has urged the U.S. Senate to consider the GDPR as a regulatory model. Eich has noted that the principles of the GDPR comply with the U.S. legal understanding of privacy.

In the U.S. House of Representatives, two members have recently proposed a bill dubbed the “Blockchain Promotional Act 2018”. The bill proposes that the U.S. Department of Commerce creates a working group formed both by federal officials and members of the blockchain industry to form a common definition of blockchain.

The Bank of America makes comforting predictions on the future of the blockchain, giving the technology a $ 7 billion market thanks to the adoption by giants like Amazon and Microsoft. This quota would be reached if only 2% of the servers will use the blockchain.
The potential beneficiaries could marry blockchain with existing cloud computing operations and improve supply chain operations, according to Bank of America research analyst Kash Rangan.

J. Christopher Giancarlo, Commodity Futures Trading Commission (CFTC) chair, made this bullish assurance: “I personally think that cryptocurrencies are here to stay. I think there is a future for them.”
This view was advanced by Twitter CEO Jack Dorsey, who said: “I’m not sure they ever come to rival the dollar or other hard currencies, but there’s a whole section of the world that really is hungry for functioning currencies that they can’t find in their local currencies.
Mr. Giancarlo earned the nicknamed “CryptoDad” following his congressional testimony where he advised legislators to automatically dismiss cryptocurrency just because it appeals more to younger investors.