CoinNess Daily Briefing
To Make Your Crypto Investing Easy
 
Wednesday, July 17, 2019
Market Review

[CoinNess.com Market Surveillance July 17: BTC Price Swings Around $9300]
As of 11:00 (UTC) on July 17, the global index of Bitcoin (BTC) price still dances around the $9,300 level, marking $9,355.37. It has registered a decrease of 12.86% in the past 24 hours. 
The CoinNess.com Bullish vs. Bearish Indicator shows our four-hour technical bias on BTC is "Sell" with 14 indicators sending out a selling signal, zero showing a neutral signal, and four indicating a buying signal.
The broad market still shows a downward trend, with only 3 out of Top 100 cryptos by market cap rising.
The global market cap reads $252.68 billion, and the 24-hour trading volume is $84.02 billion.
Major Coins 
1. BTC quotes show 9,363.34 USDT on Binance, $9,364.20 on Bitfinex and $9,382.11 on Coinbase Pro; 
2. CoinNess.com Market Index presents quotes for major cryptocurrencies besides BTC as following: 

ETH marks $199.04 (-12.14%); 
XRP marks $0.2973 (-5.32%); 
BCH marks $285.24 (-7.25%); 
EOS marks $3.63 (-14.85%); 
LTC marks $78.66 (-12.55%); 
ETC marks $5.37 (-8.75%). 

Todays Headlines

1. United States cryptocurrency exchange Coinbase has abruptly imposed a minimum deposit amount of £1,000 ($1,240) for United Kingdom account holders, staff confirmed in private emails on July 16.
Coinbase, which previously allowed U.K. users to deposit fiat funds via the country's Faster Payments settlement system, has now suspended the service, they said.
Instead, users must use the standard international transfer option, sending funds via SWIFT, subject to a minimum payment amount of £1,000.

                                                                                                                                                                                        Read More


2. Group of Seven finance ministers meeting in France this week will make it one of their priorities to contain the risks posed by new currencies such as Facebook's Libra, the meeting's host, Finance Minister Bruno Le Maire, said.
Le Maire told Italian newspaper Corriere della Sera in an interview published on Wednesday (July 17) that the G7 would be very vigilant on this issue, listing it as a priority alongside taxation, green finance and income equality and transparency.

                                                                                                                                                            Read More

                                   

Hot In Asia

1. Citing a Chinese news outlet Jin10, Haruhiko Kuroda, the governor of the Bank of Japan (BOJ), said, "Libra may have a huge impact. Given that Libra's goal is to be used globally, global policy coordination is required for regulation. The measures taken against Libra may not only be in financial regulation, but may include anti-money laundering."                                                                                                          Read More                                                                                                            

Q & A

Question: How to transmit the transaction?

 

Answer:

Because the transaction contains all the information necessary to process, it does not matter how or where it is transmitted to the Bitcoin network. The bitcoin network is a peer-to-peer network, with each bitcoin client participating by connecting to several other bitcoin clients. The purpose of the bitcoin network is to propagate transactions and blocks to all participants.
 

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Disclaimer: CoinNess.com or anyone involved with CoinNess.com will not accept any liability for any trading loss or damage as a result of reliance on the information contained within this email including data, quotes, charts and buy/sell signals. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.  CoinNess.com would like to remind you that the data contained in this email is neither necessarily real-time nor accurate. All crypto prices, Indexes, Futures, buy/sell Signals and Forex prices are indicative and not appropriate for trading purposes; furthermore they are not provided by an exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price. CoinNess.com doesn't bear any responsibility for any trading losses you might incur as a result of using this data. 

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