CoinNess.com Market Surveillance July 1: BTC Slides Below $11000
As of 11:00 (UTC) on July 1, the global index of the Bitcoin (BTC) price drops the $11,000 threshold, marking $10,957.27. It has registered a decrease of 5.94% in the past 24 hours.
The CoinNess.com Bullish vs. Bearish Indicator shows our four-hour technical bias on BTC is "Sell" with 11 indicators sending out a selling signal, two showing a neutral signal, and five indicating a buying signal.
The broad market remains bearish, with only 23 out of Top 100 cryptos by market cap rising.
The global market cap reads $317.39 billion, and the 24-hour trading volume is $86.68 billion.
Major Coins
1. BTC quotes show 10,971.19 USDT on Binance, $10,988 on Bitfinex and $10,894.66 on Coinbase Pro;
2. CoinNess.com Market Index presents quotes for major cryptocurrencies besides BTC as following:
ETH marks $294.13 (-3.81%);
XRP marks $0.406 (-2.13%);
LTC marks $122.19 (-7.61%);
BCH marks $407.04 (-5.18%);
EOS marks $5.84 (-5.65%);
ETC marks $7.83 (-4.37%). 
 

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1. The G20 Summit held in Osaka, Japan saw an end on June 29th. During the summit, the regulation guidelines on crypto assets put forward by the Financial Action Task Force (FATF), dubbed "Guidance for a Risk-Based Approach to Virtual Assets and Virtual Asset Service Providers," was approved. The G20 Summit also voiced support for the international standards set by the FATF for the prevention of money laundering, terrorist financing, and the financing of proliferation. It said, "The FATF standard should be fully, effectively, and quickly fulfilled."                                       

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2. Minister Wopke Hoekstra of Finance and Ferdinand Grapperhaus of Justice and Security sent a large package of measures against money laundering to the Dutch parliament, including banning cash payments of over €3,000, regulating cryptocurrencies, and calling for the 500 euros banknote to be taken out of circulations.

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3. The Christian Democratic Union (CDU) and the Christian Social Union (CSU), one of Germany's biggest political groups, has expressed interest in developing a stable coin based on the euro. The Union first revealed its plans through an announcement titled "Investing in the digital future," in which it reasoned that Germany is currently in a prime position to set a global benchmark for the regulation and adoption of blockchain technology. The party stated that it is currently devising a new "forward-looking" regulatory framework that will encourage startup growth and funding in the sector.                                   

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LibraChina announced to release the first real-time Libra blockchain browser, dubbed "LibraBlock."

On librablock.io, users are capable of viewing all block information of Libra testnet and mainnet (after the launch of Libra), as well as that of single transaction.
The head of LibraChina revealed that the project will not only open source the blockchain browser, but also release more wallets, testnet API, etc.     
 

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Question: 

What Is Plus Token？

Answer: 

Plus token is a crypto scam that makes the round promising horrendous profits to each of its investors. It claims to make profits with miraculous undisclosed tradebot.

10% yields per month – this is what Plus token promises its investors. Without risk, without any uncertainty it just plainly promises you 10% per month. There are funds out there whose investors would be happy for a 10% yield per year. Although cryptocurrencies have led to crazy gains in the past, everyone knows the risk is high. Guaranteeing 10% yields is unrealistic or suicidal for any company – in crypto or not. Crazy gains are accompanied by crazy losses as we saw at the end of the 2017 bull run.

As reported by CoinNess.com, the Vanuatu Police Force arrested no less than six persons of Chinese nationality. Some or all of them possessed Vanuatu citizenship. These people are suspected of being the Plus Token's founding team. Previously, several Plus Token investors delivered the feedback that since June 27th, the Plus Token wallet has been unable to support the withdrawal.

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