CoinNess.com Market Surveillance June 20: BTC Trading Above $9200
As of 11:00 (UTC) on June 20, the global index of Bitcoin (BTC) is standing above the $9,200 level, marking $9,246.50, with an increase of 1.19% 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, five showing a neutral signal, and 12 indicating a buying signal. 
The broad market is in favor with bears, with 63 out of Top 100 cryptos by market cap decreasing. The global market cap reads $286.93 billion, and the 24-hour trading volume is $52.01 billion.
Major Coins
1. BTC quotes show 9,222.79 USDT on Binance, $9,280 on Bitfinex, and $9,243.71 on Coinbase Pro;
2. CoinNess.com Market Index presents quotes for major cryptocurrencies besides BTC as following:
ETH marks $267.92 (-0.07%);
XRP marks $0.424 (-1.92%);
LTC marks $135.03 (-1.78%);
BCH marks $409.61 (-1.53%);
EOS marks $6.76 (-1.69%);
ETC marks $8.46 (-0.81%). 

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1. Amazon would only consider discussing the creation of its own cryptocurrency like Facebook's Libra in several years' time, a senior executive said at a conference on June 10.
Speaking at Fortune's Brainstorm Finance 2019 event, Patrick Gaulthier, vice president of Amazon Pay, said the kind of value transfer system Facebook unveiled this week was a step too far in the current climate.
"It's fresh, it's speculative; at Amazon, we don't really deal with the speculative, in the now," he said.                                                                        
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2. Facebook Chief Operating Officer Sheryl Sandberg said on June 19 that the company's planned cryptocurrency coin is a "long way from launch," but global policy makers around the globe are already gearing up to scrutinise it, with US lawmakers planning to hold a hearing next month.
"Regulators have concerns," Sandberg acknowledged in an interview with Bloomberg TV at the Cannes Lions International Festival of Creativity in France.
"We're already meeting with them. We know we have a lot of work to do, but this was an announcement of what we would like to do with a roadmap for people to jump in and help us do it." 
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3. San Francisco-based Ripple said it’s enjoying strong momentum and will increase hiring this year to keep up with the demand its software and blockchain technology used in cross-border payments is seeing from some of the world’s largest banks.
“We’re planning aggressive growth — both here in the Bay Area and around the world,” Eric van Miltenburg, Ripple’s senior vice president of global operations, told the San Francisco Business Times.
The company has 330 employees around the world, with about 200 of those workers based in San Francisco’s Financial District. Ripple expects its global workforce to reach 400 by year-end.
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1. China's Internet giants appear unlikely to follow Facebook into the cryptocurrency space anytime soon.
As reported by CoinNess.com, Pony Ma, the CEO of Tencent, the parent company of social messaging and payments App WeChat, said on June 19 that he thinks regulation will be the deciding factor for the success of Facebook's Libra initiative.
Similarly, Eric Jing, CEO of Ant Financial, the payments affiliate of e-commerce retailer Alibaba, had already declared last year that the firm would stay away from digital currencies with no real value while focusing on the underlying blockchain technology. "Our stance on this hasn't changed," a spokesperson for the company told CoinDesk on June 18, hours before Facebook officially unveiled its vision for Libra.
While Ant Financial, which operates Alipay, is expanding to overseas markets, instead of issuing a cryptocurrency, it's adopting a conventional strategy of partnering with regional payments providers one-by-one to offer services to local users.

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Question: 

What Is the difference between IEO and ICO?

Answer: