CoinNess.com Market Surveillance July 2: BTC Trading Sideways Near $10k
As of 11:00 (UTC) on July 2, the global index of the Bitcoin (BTC) price is fluctuating near the $10,000 threshold, marking $10,017.33. It has registered a decrease of 8.92% in the past 24 hours.
The CoinNess.com Bullish vs. Bearish Indicator shows our four-hour technical bias on BTC is "Strong Sell" with 13 indicators sending out a selling signal, three showing a neutral signal, and two indicating a buying signal.
The broad market still shows a bearish trend, with 12 out of Top 100 cryptos by market cap rising.
The global market cap reads $295.30 billion, and the 24-hour trading volume is $92.44 billion.
Major Coins
1. BTC quotes show 9,870.19 USDT on Binance, $9,926.80 on Bitfinex and $9,817.90 on Coinbase Pro;
2. CoinNess.com Market Index presents quotes for major cryptocurrencies besides BTC as following:
ETH marks $278.76 (-5.54%);
XRP marks $0.392 (-3.70%);
LTC marks $115.33 (-5.84%);
BCH marks $393.89 (-3.73%);
EOS marks $5.76 (-1.70%);
ETC marks $7.50 (-4.60%). 
 

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1.  Binance, the largest crypto-to-crypto exchange, announced that will be launching a futures trading platform, dubbed Binance Futures, in the coming months. Speaking at Asia Blockchain Summit in Taipei, Binance CEO ZHAO Changpeng said that Binance Futures will initially support BTC/USDT futures with up to 20x leverage but that the platform is eventually expected to support more pairs as well as higher leverage.                            

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2. Masterchain, the bank blockchain project developed under the auspices of the Russian central bank, is missing the mark.
Sberbank, the largest bank in Russia, has decided to wind down its participation in Masterchain, said Oleg Abdrashitov, head of the institution’s blockchain lab. Calling the system inefficient, insecure and slow, Abdrashitov said his bank will shift its blockchain work to other, more widely used enterprise platforms.
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3. Just recently, Facebook has applied for the New York BitLicense issued by the New York State Department and Financial Services for its Libra crypto project. Every crypto project that wants to operate within the state of New York has to acquire a BitLicense.
Additionally, other sources reveal that Facebook is also in talks with regulators in the United Kingdom and Switzerland. Not only that, a few experts say that Facebook will need to comply with hundreds, maybe even thousands of different regulatory standards.
 

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CNNS is now live on crypto exchange Bizkey. Retailers and online game platforms in South East Asia have begun to accept CNNS as an optional payment method. 
Bizkey provides individual and enterprise users with crypto payment solutions that are fast, flexible, and inexpensive. By the time of writing, the daily trading volume on Bizkey has surpassed the $10 million mark.

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Question: 

What Is Russia's Stance On Cryptocurrency？

Answer: 

Deputy Finance Minister of Russia Alexei Moiseyev said that the Finance Ministry decided that cryptocurrency can never be used legally as a means of payment. He added that it will always be like this and it will not be profitable for the Russian economy.

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