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Queensland, Australia Invests Portion of its $6.1Mil Ignite Ideas Fund in Crypto Startup

  • Bitcoin News
  • August 5, 2018
  • Comments Off on Queensland, Australia Invests Portion of its $6.1Mil Ignite Ideas Fund in Crypto Startup


Queensland, Australia is giving away millions with its Ignite Ideas fund. This week, it posted details regarding the AUD$8.3 million grant ($6.1 million USD). Something like 70 regional companies shared the bounty, including a cryptocurrency startup, Travelbybit, which managed to snag AUD$100,000 on its way to promoting tourism using crypto.  Also read: Bitcoiners Hope to […]

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Bears Battle Bulls at $7000: Where Will Bitcoin Price Go From Here?



As Bitcoin price (BTC) continues to trade in the red, losing roughly around 15 percent of its value over the last week, two econometric models forecast either a very bright future or particularly hard times ahead. Economics Professor at Columbia University Panos Mourdoukoutas and one of his students turn to econometric models to forecast the […]

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Blockchain States Lure Citizens with Political Nostalgia and Voting Rights

  • Bitcoin News
  • August 5, 2018
  • Comments Off on Blockchain States Lure Citizens with Political Nostalgia and Voting Rights


If you’ve ever thought of acquiring a digital, virtual citizenship, there are a couple of new options on the table – a ‘Satoshi Nakamoto Republic’ and a ‘Soviet Land’ on blockchain, among others. True, ‘crypto passports’ often come with coin offerings that you might not necessarily be interested in — But the blockchain republics also promise […]

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Only a Matter of Time Before SEC Approves Bitcoin ETF: Tech VC



The market is rapidly approaching the point of acceptance for a bitcoin ETF, and the Securities and Exchange Commission (SEC) will eventually approve an ETF in the near future. This is the opinion of Fatfish Internet Group CEO, Kin-Wai Lau, speaking to CNBC last week. According to Lau, what the market is experiencing is a […]

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‘Biggest News of the Year for Bitcoin’: ICE Deal Helps ETF Chances, Says Brian Kelly



Intercontinental Exchange (ICE) teaming up with Microsoft, Starbucks and others on digital asset platform Bakkt makes it “much easier” for a Bitcoin ETF to launch. Kelly: ICE Is ‘Huge News’ That’s according to Brian Kelly, CNBC’s regular cryptocurrency commentator and BK Capital Management founder, who called the plans the “biggest news of the year” for […]

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Investors Petition for the Extradition of Sky Mining CEO Accused of Crypto Mining Scam



Nearly a thousand people have signed a petition for the extradition of Leh Minh Tam, the CEO of Sky Mining, a cryptocurrency mining firm based in Ho Chi Minh City. The signatories are calling for Tam’s deportation from the United States following allegations that he fled after defrauding investors of $36 million. Investors Intensify Efforts to […]

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Bitcoin Magazine’s Week in Review: Challenging the Way It’s Always Been Done



This past week, we talked to three security experts about how to design smarter and more secure smart contracts. Google is dipping its toe in the blockchain waters by introducing integrations for applications built with Ethereum and Hyperledger. The financial sector got some more love with the Digital Chamber of Commerce’s white paper to help […]

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Google Trends Indicate Worst is Over for Bitcoin



Stock “Market Maven,” CEO, and author Clem Chambers believes Google Trends statistics for the search term “Bitcoin” are telling us that the worst is over for Bitcoin investors. But, that’s no good if you are waiting for the new low before you buy. Searching for a Bitcoin Boom Chambers, recently writing for Forbes, gathered some interesting […]

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Cryptocurrency Remains Popular In South Africa, But Scams and Questions Still Loom



Sales for an exclusively African cryptocurrency opened up in August to those with a South African bank account — seemingly capitalizing on virtual currency’s popularity in the nation. Despite growing interest, however, scams and fraud are still rife in the country.  Cryptocurrencies like Bitcoin have seen a surge in popularity across South Africa as the […]

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