Crypto by Oil According to the Venezuelan government, the country’s cryptocurrency will launch within the next few days and will be backed by 5.3 billion barrels of oil worth $267 billion. If it seems like a drastic and sudden move, consider those dire circumstances often call for dramatic action. Venezuela is currently in the midst…


Over the past two months IOTA tokens suddenly became one of the most-talked about cryptocurrencies of 2017. CoinMarketCap estimates IOTA now has a market cap of more than $10 billion, which outranks more popular tokens such as monero, zcash and Neo in terms of global transactions and speculative value. Robert Bosch Venture Capital recently became…


Ripple, the cryptocurrency designed for banks and global money transfers, is making history this month. XRP, as Ripple’s token is called, surpassed $1 for the first time Dec. 21 and quintupled its market cap to more than $50 billion between Wednesday and Friday of that week. On Friday, the cryptocurrency swelled 33% to hit a…


Propy, the world’s first international real-estate marketplace, has just launched the alpha open version of its blockchain-based transaction tool. This new transaction tool will allow individuals to buy and sell properties in California using Bitcoin (BTC). December 23, 2017 Propy is delighted to announce that the alpha open version of its real estate transaction tool…


December 27, 2017 10:51 PM Belarus has recently legalized cryptocurrencies, greenlit crowdfunding through token offerings, and sanctioned exchange between fiat and cryptocurrencies. Nestled between Russia and Poland, landlocked Belarus is no stranger to economic strife. Between 2012 and 2016, the nation’s GDP was nearly halved. Though 2017 saw some recovery for the country, a decree…


If 2017 was the year of the ICO, 2018 will be the year of the great ICO hangover. It will also be the year major financial institutions adopt digital assets, and mark the birth of hybrid blockchains. 1. The death of the ICO token “Cryptocurrency” became a major buzzword in 2017. Suddenly, all eyes were…


Russian Finance Minister Anton Siluanov today warned over what he has described as the extremely ‎high-risk of buying speculative products that include cryptocurrencies like Bitcoin, as the‎ investment product is increasingly being marketed to ‘ordinary investors’.‎ In a similar vein to the ‎message earlier this month,‎ Siluanov said in an interview with Rossiya 24, a…


From all of us here at Crypto Currency News Australia we would like to wish all our followers and subscribers a very Merry Christmas and a safe and prosperous New Year! 2018 is going to be an amazing year for cryptocurrency and we are very happy to be sharing this journey with you all. As…

Saying that bitcoins are the future of money may be a bit of an exaggeration. Sure, a decentralized, market-driven approach to currency sounds very good on paper. It even has certain practical applications. But no centralized regulation also makes the currency highly volatile, making it impossible for it to take shape as a stabilized means…


“What goes up can go up a whole lot more” has sort of been a theme of cryptocurrencies in 2017. Despite no shortage of skeptics, the aggregate market value of every cryptocurrency combined has vaulted from $17.7 billion on Dec. 31, 2016, to as high as $635 billion as of Dec. 20, 2017. That’s right…


After years of neglect, the financial news has started to report routinely on Bitcoin prices, and even mention some alternative cryptoassets. It’s about time. But the timing of broadcasts doesn’t always work out well. For example, I listened to the financial podcasts all over my home assistant on Saturday morning, December 23, 2017, and everyone…


First-of-Its-Kind Affiliate Marketing Platform PM7 Leverages Blockchain Technology to Disrupt the World of Advertising PM7 is all set to start their Initial Coin Offering under smart contracts based on Ethereum, from December 17, 2017. This innovative affiliate marketing platform promises to revolutionize the concept of advertising for both online and offline projects by connecting the…


Cryptocurrency is a form of digital asset developed to authorise transactions of money online. It emerged after the creation of Bitcoin in 2009. Since cryptocurrency is a virtual currency associated with the internet, it is regulated by cryptography which strives for complete security and anonymity. Over the years, world has become economically insecure, and hence,…