DueDEX’s Daily Crypto Market Updates — July 19th, 2019
07/19/2019 Friday
The Fear & Greed Index: 42— Fear
- Total Market Bitcoin (BTC) Longs vs Shorts: 68:32(source:blockchainwhispers.com)
- Total Market Ethereum (ETH) Longs vs Shorts : 77:23(source:blockchainwhispers.com)
- The TI Index is 776.87, 3.87% (24h)as of 13:45 GMT, July 19, 2019.
- According to Tokenview.com, as of 6am GTM July 19, 2019, BTC on chain transaction volume(24h) is 3,146,771.74, 9.97% lower than previous 24 hours. No. of BTC transactions is 317,594 in the last 24 hours, 1.7% higher than previous 24 hours; BTC transaction amount is around $33.149bn. No. of BTC active address for yesterday is 735,706, 0.65% lower than that of the day before , 0.07% higher than the 7-day average. No. of new BTC address for yesterday is 325,527, 12.73% lower than the day before, 6.47% lower than the 7-day average.
- Large transfers in the past 24 hours, as of 14:30GMT Time, July 19, 2019:
BTC Top 5 Large Transfer monitored by tokenview
ETH Top 5 Large Transfer monitored by tokenview - Crypto market data as of 14:30 GMT Time, July 19, 2019
- Latest News:
China Ruling Bitcoin Is Property Again Is ‘Major Milestone,’ Says Investor: According to investor Dovey Wan, who linked to local media coverage, the Hangzhou Internet Court formally described Bitcoin as virtual property on July 18.
The second such court to attribute property status to Bitcoin, the ruling came about as part of a dispute between a now-defunct exchange and one of its users who lost funds.
For Wan, the case marks a significant watershed for Bitcoin in China, where a blanket ban on trading it has been in place since September 2017.
Bundesbank Head Says Don’t Suppress ‘Innovative Concepts’ Like Libra:
Bundesbank head warns against suppressing innovation
Weidmann, Bundesbank President and the Governing Council member of the European Central Bank, argued that global regulators should not suppress the project in its infancy, according to an email newsletter in a shared by eToro senior market analyst Mati Greenspan on July 19.
G7 cannot accept private companies issuing currency
Meanwhile, G7 finance ministers have recently warned that digital currencies such as Libra pose risks for the world’s financial system if they are not regulated tightly.
Bitcoin an ‘Unstoppable Force,’ US Congressman Tells Crypto Hearing: Bitcoin’s (BTC) plight in Congress has seen attention focus mainly on naysayers, but this week’s hearing also saw United States politicians accept it was always beyond their control.
‘Governments cannot stop this innovation’
Nations coming to grips with crypto - Traders’ View
Kerstin_Ohlsson from tradingview: A “smart money” pump & “a green light” to a counter-attack!: What a pump! An exclusive one followed by a partial picture revision. We now consider the pump above $10K as a false breakout of the correction channel upper border with a re-entry as the very next step and a deep downside potential on the way. On my graph I have pinpointed 6 points of $10.8K playing as a criticalsupport and resistance level role. It is our time to accelerate, let us hope! Enjoy your day & a week-end.
Moiseiev_Yurii from tradingview: ETH/USD Upward Channel:
Priority: Long
Reasons for open position:
- Upward channel
- Price in support zone
- Next targets 240–245
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