[CoinNess.com Market Surveillance June 14: BTC Price Swings Below The $8300 Level]As of 11:00 (UTC) on June 14, the global index of Bitcoin (BTC) price trades below the $8,300 level, marking $8,298.12. It has registered an increase of 2.33% in the past 24 hours. 
The CoinNess.com Bullish vs. Bearish Indicator shows our four-hour technical bias on BTC is "Strong Buy" with one indicator sending out a selling signal, three showing a neutral signal, and 14 indicating a buying signal.
The broad market shows a downtrend, with 41 out of Top 100 cryptos by market cap rising.
The global market cap reads $264.06 billion, and the 24-hour trading volume is $65.70 billion.
Major Coins 
1. BTC quotes show 8,276.23 USDT on Binance, $8,298.00 on Bitfinex and $8,294.83 on Coinbase Pro; 
2. CoinNess.com Market Index presents quotes for major cryptocurrencies besides BTC as following: 
ETH marks $256.63 (-0.45%); 
XRP marks $0.399 (-0.41%); 
LTC marks $132.36 (-1.67%); 
BCH marks $412.07 (+2.97%); 
EOS marks $6.44 (-0.80%); 
ETC marks $8.40 (-1.37%). 

1. On June 13, the Special Finance Secretariat of the Ministry of the Economy (Brazil), the Central Bank of Brazil, the Securities and Exchange Commission and the National Private Insurance Regulatory Authority issued a joint statement saying that Brazil will implement a "regulatory sandbox" mechanism. This move is the response of the regulatory authorities to the technological transformation of the financial and insurance sectors. The use of innovative technologies such as distributed ledger technology (DLT), blockchain, and artificial intelligence has driven new business models to deliver higher quality and broader products and services. According to the joint statement, this situation poses a challenge for regulators, requiring regulators to take the necessary flexibility to adapt their regulations to technological change and continuous innovation.                                                                                                                             

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2. Lithuania is preparing new rules to govern cryptocurrency transactions, requiring businesses to prove the identity of clients, local daily news outlet Delfi reported on June 12.
As part of its obligations to impose European Union anti-money laundering (AML) regulations, Lithuania's finance ministry will seek to completely formalize crypto-based exchange operations.
Parliament approved the move during a sitting on Wednesday, June 12, Delfi says, while a time frame remains uncertain for implementation.

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The Beijing government has launched a special crackdown on suspected illegal fundraising activities, The Beijing News reported on June 13. Some illegal fundraising activities, under the banner of blockchain, cryptocurrency and others, greatly harm the interests of the people. And Beijing will be zero tolerance to these activities.

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 What is 51% attack?

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