Topic: CoinBeat - Blockchain News and Content Contribution Network (Read 336 times)

The price of Bitcoin (BTC) fell to less than $10,000 yesterday, falling down by close to 30% from its recent high of nearly $14,000 on Wednesday June 26. Read more here: https://coinbeat.com/could-bitcoins-recent-price-correction-be-positive/

Daily transactions verified on the Ethereum (ETH) network surpassed the one million mark on Friday 28 June, for the first time since May 2018 as per data from Etherscan. Read more here: https://coinbeat.com/ethereum-transactions-exceed-one-million-for-the-first-time-since-may-2018/

Cryptocurrency mining is the process via which various forms of cryptocurrency transactions are verified. The miners use a powerful setup that provides the required processing power and that needs huge amounts of electricity. With every passing day mining, cryptocurrencies like Bitcoin and Ethereum are becoming more difficult and energy consuming. Iran has seen a steep rise in the number of cryptocurrency miners. Many mining farms have been set up and that according to the Iranian government, has put some heavy load on the nations power system. Read more here: https://coinbeat.com/iranian-crypto-miners-feel-the-heat-government-cracks-down-on-the-mining-industry/

If you’re a Bitcoiner I’m sure you’ve been keeping an eye out on its chart for the last few days. Bitcoin has been firmly established in a bull market, moving up from its 2018 lows of $3,400 to almost getting close to $14,000. Last night however the Bitcoin price dropped by $1,700 within a few minutes and reports say that this was the aftermath of the Coinbase crash. Read more here: https://coinbeat.com/bitcoin-dropped-by-1400-coinbase-to-blame/

Real estate has always been considered an industry that could benefit from tokenization. Real estate tokens are already circulating in various secondary markets. This, however, is no longer something to look forward to, but it has actually been done. Just last week, the AnnA Villa in Paris wrote its name in blockchain history and became the first ever European property that was sold completely on the blockchain. Read more here: https://coinbeat.com/europes-first-ever-real-estate-sale-completed-via-the-blockchain/

The Winklevoss brothers cryptocurrency exchange Gemini is establishing a new HQ in Chicago as per an announcement from the firm on Thursday, June 27. Read more here: https://coinbeat.com/gemini-exchange-launches-chicago-office/

As per reports circulating within the cryptocurrency community, major crypto exchange Binance is reportedly in talks with Facebook regarding getting involved with the social media giant’s upcoming crypto project, Libra. Read more here: https://coinbeat.com/binance-in-talks-with-facebook-regarding-libra/

The founders of the Gemini cryptocurrency exchange, Tyler and Cameron Winklevoss, have seen their riches more than double, hitting a combined fortune of $1.45 billion following the recent crypto market surge. Bloomberg reported the news on June 27. Read more here: https://coinbeat.com/the-winklevoss-twins-fortune-has-doubled-in-2019/

In a move to improve its cryptocurrency data services, CoinMarketCap is acquiring a tech firm which is developing a technology which would purportedly provide a “true price” for all cryptocurrencies. Read more here: https://coinbeat.com/coinmarketcap-acquires-firm-to-improve-crypto-data-services/

The firm behind Zcash, The Electric Coin Company (ECC), has announced plans to develop a new scalable Zcash blockchain as per a report from crypto news outlet Forklog, published on June 22. Read more here: https://coinbeat.com/zcash-to-implement-new-version-of-protocol-with-sharding/

The Bank of International Settlements (BIS) recently made an announcement forewarning that forthcoming financial services which will be offered by big entities such as Facebook could pose new risks for the traditional banking sector. Read more here: https://coinbeat.com/facebook-crypto-could-post-new-risks-for-banks/

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