CoinNess.com Market Surveillance June 24: BTC Price Fluctuates Around The $10900 Level
As of 09:00 (UTC) on June 24, the global index of Bitcoin (BTC) price gradually rises to the $10,900 Level, marking $10,932.12. It has registered an increase of 2.89% in the past 24 hours. 
The CoinNess.com Bullish vs. Bearish Indicator shows our four-hour technical bias on BTC is "Buy" with one indicator sending out a selling signal, six showing a neutral signal, and 11 indicating a buying signal.
The broad market shows a downtrend, with 37 out of Top 100 cryptos by market cap rising.
The global market cap reads $328.17 billion, and the 24-hour trading volume is $68.70 billion.
Major Coins 
1. BTC quotes show 10,908.75 USDT on Binance, $10,912.00 on Bitfinex and $10,877.07 on Coinbase Pro; 
2. CoinNess.com Market Index presents quotes for major cryptocurrencies besides BTC as following:
ETH marks $309.54 (+0.39%);
XRP marks $0.4664 (-0.87%);
BCH marks $476.14 (-0.97%);
EOS marks $7.25 (-1.26%);
LTC marks $136.20 (-2.68%);
ETC marks $9.35 (+2.20%). 
 

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1. The National Cancer Institute, an agency within the U.S. Department of Health and Human Services, has approved a project to create a blockchain-based system to share clinical data.                                                        
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2. Just one week later after Facebook, together with its partners, announced they were going "all blockchain" for payments, SWIFT has released a new paper "Payments: Looking into the future." Its CEO Gottfried Leibbrant and CMO Luc Meurant confirm in the paper that SWIFT will be using blockchain pending a successful proof of concept with R3 and is expecting a more open model of financial services and Apps within the banking ecosystem.

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3. Every rental contract for property drawn up in Malta will have to be registered on the blockchain, ensuring its security, the Prime Minister said. Joseph Muscat said that reformed rent laws, which were approved by the cabinet after a long consultation period, and which will be announced in the coming days, will require that all rent contracts in Malta be registered, preventing the possibility of there being contracts in place for which there is no record.

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1.Jeju Island will establish a roadmap to make Jeju Island a global blockchain hub until the end of this year in 2019. Seoul, Busan, Gangwon, and Gyeonggi province are showing the blockchain leading local governments and the competition is becoming more intense.

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Question: 

What Is BTC's Independent Verification of Transactions ?

Answer:

In [transactions], we saw how wallet software creates transactions by collecting UTXO, providing the appropriate unlocking scripts, and then constructing new outputs assigned to a new owner. The resulting transaction is then sent to the neighboring nodes in the bitcoin network so that it can be propagated across the entire bitcoin network.

However, before forwarding transactions to its neighbors, every bitcoin node that receives a transaction will first verify the transaction. This ensures that only valid transactions are propagated across the network, while invalid transactions are discarded at the first node that encounters them.