Current Bitcoin Price: $6717 (as of 7:50 AM PST)
Overall, this weekend has been a good one for the cryptocurrency market. Although there hasn’t been much action over the last 24 hours, the entire space shot up about 4% early Sunday morning.
Prices were relatively high this time yesterday, so it shouldn’t be too alarming to see that 24 hour charts are reading 10% down for Tezos (XTZ, #19), as well as 4% down for NEO, VeChain, and EOS.
Top Bitcoin & Crypto News Stories for 9th July 2018
ThePirateBay is no doubt the web’s top destination for torrent files — including a whole host of illegally distributed films, books, and songs.
In order to support maintenance of TPB’s servers, they’ve begun mining Monero (XMR, #13) with their users’ CPU. This has been a controversial move on some websites, but users of TPB are open to the idea.
South Korea has been one of the most receptive nations when it comes to cryptocurrencies. Not only does the population hold plenty of crypto, there are also a number of large local exchanges.
Even the banks seem to be taking interest… reports suggest that the country’s financial institutions hold over $2 billion in cryptocurrency assets.
Blockchain usage is a hot topic for discussion, and so is “tangle” usage when it comes to IOTA — which is built over its own take on a cryptographic platform.
The latest use for IOTA’s tangle is peer-to-peer video calls, which can be achieved 100% cost-free using a new service called ION.