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BITCOIN PRICE: 6,286.25     HIGH: 6,522.99     LOW: 6,223.90

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Blockchain Brunch Hamptons White Party • August 21, 2018

 With the SEC decision on the third Bitcoin ETF likely just four weeks away. Right now, there is no better…

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Tag: Australia

Cointree and Gobbill Partner to Let Aussies Pay Their Bills with Cryptocurrency

Category: Adoption, Bitcoin, Finance, News

Cointree and Gobbill Partner to Let Aussies Pay Their Bills with Cryptocurrency

Two local Fintech startups in Australia are now making it possible for local Aussies to pay any bill in cryptocurrencies. Gobbill, an automated billing platform and Cointree, a cryptocurrency exchange, have partnered to allow Australians to pay in cryptocurrencies regardless of whether the company accepts the medium of exchange. $100 Million in Bills Paid In Cryptocurrencies According to the Financial…

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Australia: World Bank-Backed Financial Bond Introduced, Blockchain Technology Making Huge Inroads Down Under

Category: Blockchain, Ethereum, Finance, News

Australia: World Bank-Backed Financial Bond Introduced, Blockchain Technology Making Huge Inroads Down Under

The Commonwealth Bank of Australia (CBA) was awarded the rights to issue and operate financial bonds solely powered by blockchain technology, as reported by mortgagebusiness on July 13, 2018. World’s First Blockchain Bond Termed the world’s first bond “created, allocated and managed using blockchain technology,” the CBA holds the distinction of being selected by the World Bank to pilot the…

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BTCManager’s Week in Review August 13: Bitcoin Moves Below $6,500 Suggesting That New Lows May Be on the Horizon

Category: Adoption, Altcoins, Bitcoin, Blockchain, Development, Exchange, News

BTCManager’s Week in Review August 13: Bitcoin Moves Below $6,500 Suggesting That New Lows May Be on the Horizon

Bitcoin Moves Below $6,500 Suggesting That New Lows May Be on the Horizon: BTCManager’s Week in Review August 13 The price of bitcoin dropped by almost ten percent week-on-week, continuing last week’s decline, suggesting that we may not have seen the bottom of this year’s bear market yet. Last week, the price of bitcoin declined by 15 percent despite bitcoin-positive…

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Australian Cricket star Enrages fans with “Controversial” ICO Endorsement

Category: Exchange, ICO News, Investment, News, Regulation

Australian Cricket star Enrages fans with “Controversial” ICO Endorsement

Former Australian international cricket captain, Michael Clarke, has become embroiled in a spot of controversy after he publicly endorsed an ICO for Global Tech, a new Australian cryptocurrency exchange. Since he posted the tweet on August 8, 2018, several displeased fans have responded negatively, with a notable hedge fund manager referencing a recent Australian cricket cheating controversy as something that…

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World Bank Mandates the Commonwealth Bank of Australia to Issue Blockchain-Based Bonds

Category: News

World Bank Mandates the Commonwealth Bank of Australia to Issue Blockchain-Based Bonds

Australia’s largest bank, Commonwealth Bank of Australia has been mandated by the World Bank to issue bonds created exclusively on blockchain platform, right from their creation, allocation and transfer to other potential bondholders. The announcement was made in a press release published on August 10, 2018, on the official World Bank website. The new global bond officially called The Blockchain…

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Cryptocurrency Startup TravelbyBit Receives $100,000 Grant from Australian Government

Category: Altcoins, Bitcoin, Blockchain, Investment, News

Cryptocurrency Startup TravelbyBit Receives $100,000 Grant from Australian Government

TravelbyBit, a cryptocurrency payments firm that makes it easy for tourists to pay with digital currencies such as bitcoin is among the 70 startups given grants by the government of Queensland, Australia, as announced on August 1, 2018, by Innovation Minister Kate Jones. The new funds would enable the firm to scale up operations and create jobs for citizens. Boosting Tourism with…

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Peer-to-Peer Power Electrifies Australia with Blockchain and Renewables

Category: Adoption, Altcoins, Blockchain, News

Peer-to-Peer Power Electrifies Australia with Blockchain and Renewables

Power Ledger, a peer-to-peer renewable energy marketplace, is electrifying an entire apartment building using blockchain-based renewable energy according to July 30, 2018, reports. Public-Private Partnership Power Ledger is an Australian based renewable energy startup which has been operating since 2017. It created a platform that allows its customers access to multiple energy infrastructures governed by differing regulations to match their…

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Australia’s First Regulated Crypto Exchange Adds Ripple XRP Support

Category: Altcoins, Bitcoin, Ethereum, Exchange, Finance, News, Regulation

Australia’s First Regulated Crypto Exchange Adds Ripple XRP Support

On July 5, 2018, Australian cryptocurrency exchange Independent Reserve announced to list the world’s third-largest cryptocurrency by market cap Ripple (XRP) on its platform. Ripple will be the exchange’s fifth token – the other four being Bitcoin, Ethereum, Bitcoin Cash and Litecoin. XRP Meets Listing Criteria Australia’s first regulated crypto exchange divulged adding support for XRP and began trading Ripple’s…

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Australian Bank Official believes Bitcoin is an Extremely Risky Investment

Category: Altcoins, Bitcoin, Blockchain, Business, News, Regulation, Tech

Australian Bank Official believes Bitcoin is an Extremely Risky Investment

According to the Sydney Morning Herald, Tony Richards, the Reserve Bank of Australia’s (RBA) head of payments policy, has deemed Bitcoin a fascinating development and has a highly admirable design. He, however, noted Bitcoin is not money and is an extremely risky investment. Bitcoin Has Lot of Prove “Bitcoin and other cryptocurrencies are yet to establish themselves as reliable stores…

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The Australian Tax Office is Hunting for Cryptocurrency Traders to Report and Pay their Taxes

Category: Altcoins, Bitcoin, Blockchain, Business, Finance, News, Regulation

The Australian Tax Office is Hunting for Cryptocurrency Traders to Report and Pay their Taxes

According to The Financial Review, The Australian Tax Office (ATO) is warning cryptocurrency traders that their profits from cryptocurrency trading in 2017 to 2018 will “not go unnoticed.” ATO Explains Cryptocurrency Investing The ATO has provided a very detailed and comprehensive information for Australian citizens when it comes to cryptocurrency investments. The Financial Review is certain that any cryptocurrency trader…

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