Citing a CryptoCompare report, top-tier exchanges are pushing the lower-tier ones out of the market. Top-tier exchanges have increased their market share in the past nine months, and low-tier exchanges are constantly on the decline. The overall security of the crypto exchange market is poor. Just 15% of exchanges claim to hold 95% of user funds in cold wallets.

Recently, it was reported that the top three on the Bitcoin address rich list are ordinary addresses, which is rumored after inquiries. The top three or even the top ten are not ordinary addresses, and mostly are cold wallet addresses of exchanges.
In addition, Bitinfocharts data shows that the current number of addresses holding over 1,000 Bitcoins reaches 2,153, and the number of Bitcoins they hold is nearly 7.79 million, accounting for 42.27% of the total number of Bitcoins.

As of 03:00 (UTC) on July 14, the global price index of Bitcoin (BTC) has been trading above the $9,200 level. At present, the coin marks $9,227.62 with a decrease of 0.42% in the past 24 hours.
The CoinNess.com Bullish vs. Bearish Indicator shows our four-hour technical bias on BTC is "Sell" with 10 indicators sending out selling signals, four showing neutral signals, and four indicating buying signals.
The broad market experiences downward trading, with 20 out of Top 100 cryptos by market cap rising.
The global market cap reads $271.92 billion, and the 24-hour trading volume is $66.09 billion.
Major Coins
1. BTC quotes show 9,227.00 USDT on Binance, $9,233.80 on Bitfinex, $9,219.91 on Coinbase Pro and 9,226.09 USDT on Boboo.com;
2. CoinNess.com Market Index presents quotes for major cryptocurrencies besides BTC as following: ETH marks $239.26 (-0.95%); XRP marks $0.1979 (-0.73%); BCH marks $230.90 (-2.35%); LTC marks $43.66 (-2.07%); EOS marks $2.54 (-2.62%); ETC marks $6.26 (-2.33%).
Top 3 Gainers and Losers in Cryptocurrencies
1. Top 3 gainers among Top 100 cryptocurrencies by market cap: AOA (+242%), DIVI (+30.87%), and LRC (+24.97%);
2. Top 3 losers among Top 100 cryptocurrencies by market cap: AMPL (-39.39%), NEXO (-11.02%), and DOGE (-10.20%).
Cap Flows of Coins/Exchanges
1.Top 3 capital inflows within the last 24 hours: BTC (+$243.74 mln), ETH (+$68.95 mln), and ETC (+$21.79 mln);
2. Top 3 capital outflows within the last 24 hours: ADA (-$12.73 mln), EOS (-$9.16 mln), and LINK (-$7.77 mln);
3. Net inflows/outflows of exchanges: Binance (-$66.79 mln), Bitfinex (-$5.00 mln), and Coinbase Pro (+$5.69 mln).

According to Boboo.com, ECOC/USDT rose sharply on July 14 reaching a record high of 2.4039 USDT with a 24h increase of 38.14%.
According to reports, the ECOC project was established in 2017, which is one of the only two public chain companies in Thailand. It is a leading company also vigorously supported by the Thai government. Its communities are located in dozens of countries including Thailand, South Korea, Japan, Vietnam, Philippines, China, Russia, the United States, and Indonesia.
Boboo.com is the world's leading digital financial service platform with one million global traders. It integrates the transaction depth of all major exchanges. The matching performance of a single crypto pair reaches three million transactions per second. The transaction depth exceeds the major exchanges. Its business includes spot transactions, USDT perpetual swaps, crypto-priced perpetual contracts, mock contracts, OTC, and one-click trading of high-quality assets, etc.
The Boboo.com spot market has listed HIVE, ECOC, EL, PLG, BCB, and many other premium digital assets.

Sohrab Sharma, one of the co-founders of cryptocurrency firm Centra Tech facing charges related to a $25 million initial coin offering scam, is reportedly planning to plead guilty.
It is reported that Sohrab Sharma will be the second co-founder of the Centra Tech ICO fraud case that is facing prison after Robert Farkas was convicted in June.

Per an official announcement, Monero GUI v0.16.0.2 'Nitrogen Nebula' has been released. This release includes a fix for the bug that inhibited Ledger Monero users from properly sending transactions with multiple inputs.

Security engineer Roman Storm tweeted that in over half an hour, a user traded bZx Token BRZX on Uniswap and profited 2,030 ETH and 300,000 BZRX.
The specific operation is that after BZRX was listed on Uniswap, the user purchased 196,161 BZRX with 650 ETH through the smart contract for the first time, which accounts for 39.3% of BZRX in the asset pool. Two minutes later, the user started a series of selling orders gaining a total of 2,030 ETH and 300,000 BZRX. bZx responded that it is like a batch auction like dFusion, or a method similar to a Dutch auction. However, this is not arbitrage, and like other buyers, robot owners also bear huge financial risks.

Pavel Matveev, CEO of Wirex, recently said in an exclusive interview, that they don't see any interruption on Wirex's cards from Wirecard's scandal. "Our dependency on Wirecard is tiny," said Matveev, "all clients' money is safe."
Wirex, founded in 2014, is a UK-based fintech company licensed by the U.K. Financial Conduct Authority (FCA), while Wirecard is a German company.

Monitored by CoinNess.com, from 00:00 to 02:00 (UTC) on July 14, ETH registered a net outflow of $4.56 million in the past two hours.
1. The Top 3 net cap inflows in the crypto market are: LINK (+$2.08 mln), BNB (+$1.92 mln), and OKB (+$1.87 mln);
2. The Top 3 net cap outflows in the crypto market are: ETH (-$4.56 mln), VET (-$3.58 mln), and EOS (-$2.48 mln).
For more alerts on real-time market changes, add your portfolio at "Watch List" to enable the Intelligent Market Monitor, seizing more investment opportunities.

Gavin Wood released the latest article on July 13 stating that Polkadot's first on-chain governance voting started, deciding whether to split the DOT.
According to data from Polkadot, current voting results show the percentage of votes that agree to the DOT split of 100x is the highest and the specific number of votes is 270,759.042 DOT. It is followed by DOT split of 10x (219,389.015 DOT), the DOT split of 1,000x (146,210.733 DOT), and lastly no change (39,502.205 DOT).

Citing data from Boboo.com, as of 01:00 UTC on July 14, 1) the BTC perpetual contract price is $9,220.0, meaning the discount of $4.10 compared with the BTC spot price ($9,224.10).
2) The ratio of longs to shorts increases to 1.32 from July 13's 1.07.
3) The carrying charge marks 0.0048%, marking a slight change compared with July 13's 0.0059%.

According to official data released by Zcash development company Electric Coin Company (ECC), Zcash is expected to conduct Heartwood network upgrade at 10:35 UTC on July 16 at the block height of 903000.
It is reported that the Heartwood network upgrade mainly involves as follows:
1. ZIP 213 allows miners to directly send their block reward tokens to shielded addresses;
2. ZIP 221 supports Flyclient by changing the semantics of existing block header fields;
3. ZIP 250 describes the process of the Heartwood upgrade.

Uniswap Protocol founder Hayden Adams released via Twitter, "Uniswap Protocol is doing a casual $45M in 24hr volume. That's $135k in LP fees. Annualized volume: $16.4B. LP fees: $49.3M."

Citing Whale Alert, 3,000 BTC ($27,513,474 USD) were transferred from multiple unknown addresses to Xapo at 00:09:05 UTC on July 14.
The hash is 3f65860d066ecc0739eb12f98abc1b80352244a7353d0adfc136f833cfe75547.

Monitored by CoinNess.com, as of 00:00, July 14 (UTC), 1) the number of Bitcoin active addresses is on a day-to-day increase of 22.44%, marking 799,200.
2) The number of Bitcoin on-chain transactions is 307,600 with a day-to-day increase of 9.00%.
3) The number of BTC whale transfers (over 100 BTC each) is 790 with a day-to-day increase of 54.83%.
4) Active addresses on Ethereum report 580,100 with a day-to-day increase of 17.00%.
Note: On-chain transactions and active addresses of a cryptocurrency have a positive correlation with its price.

According to an official announcement, Japan-based cryptocurrency exchange Coincheck will launch Brave's Basic Attention Token (BAT) on July 21.

Weiss Crypto Ratings tweeted to say it would be nice to see Bitcoin attract more attention from investors, adding, "This is the key missing ingredient, and Bitcoin's absence from last week's rally leaves us cautious about the near future for the crypto market as a whole."

The Maker Foundation Interim Risk Team has placed a series of Governance Polls into the voting system which presents adjustments to the Base Rate, Vault Compensation, and a series of Maker Improvement Proposals (MIP).
Voters are able to signal their support for a Base Rate within a range of -4% to 4%. Polls also include the Weekly Governance Cycle (MIP16), Weekly Actual Debt Ceiling and Actual Risk Premium Adjustments (MIP17), and Meta-Parameter Adjustments (MIP18).
This weekly Governance Poll (FAQ) will be active for three days beginning on July 13 at 16:00 UTC, the results of which may inform an Executive Vote which will go live on July 17 at 16:00.

The Weibo account of the blockchain media affiliated with Caijing.com has been canceled and is suspected to cease operations. But the specific reason is still unclear. The media outlet previously reported several hot events on cryptocurrency.

1. RVN/USDT, RVN/BTC and RVN/HT trading will be available on Huobi Global from 07:00 UTC. Withdrawals of RVN will be available from 07:00;
2. UPbit will suspend the deposits and withdrawals of ZIL from 04:00;
3. The sentencing of OneCoin co-conspirator got rescheduled on July 14.
Note: To learn incoming Big Events a step faster, upgrade your App to the latest version and click "News" - "Calendar" to explore our brandnew feature.

[Policy]
1. Singapore said blockchain-based payments project Ubin was ready for commercial rollout;
2. South Korean private sector members recently discussed a crypto-related taxation bill meant to establish capital gains tax for cryptocurrencies.
[Others]
1. DeFi project iearn.finance will list 1,000x leveraged stable coin swaps;
2. Crypto asset management firm Grayscale Investment is increasing the weights of Bitcoin and Ethereum in its digital large-cap fund (DLC) product at the expense of XRP, Bitcoin Cash, and Litecoin;
3. At around 11:00 on July 13, 2020 (UTC), Ethereum explorer Etherscan announced on Twitter that they were suffering site accessibility issues. Two hours later, the problem was temporarily settled;
4. Three global industry leaders in telecommunications — Spanish Telefónica, German Deutsche Telekom, and British provider Vodafone — have jointly finalized a trial blockchain solution for the settlement of roaming discount agreements;
5. According to Gavin Wood, founder of Polkadot, a vote has been started that will alter the course of Polkadot, define the final denomination of its native DOT token and affects all Polkadot stakeholders;
6. The Bank of England is reviewing whether it should create a central bank-backed digital currency, according to governor Andrew Bailey.

Monitored by CoinNess, the lowest USDT price on the Boboo.com OTC platform now reads 6.95 yuan, with a premium of -0.68%. The USD / CNY exchange rate is 6.9974 yuan.

Japans Mitsubishi UFJ Financial Group (MUFG) will begin offering the virtual currency "Coin" in the second half of the year 2020. It will be used on the website of its co-operator Recruit first.

Paradigm is backing the work of Bitcoin Core developer Anthony Towns. The crypto hedge fund joins the list of firms that provide grants to developers.

South Korean private sector members recently discussed a crypto-related taxation bill meant to establish capital gains tax for cryptocurrencies. During these discussions on July 13, members indicated crypto gains taxes could rise as high as 20%.
Proposed amendments to existing laws also plan to classify cryptocurrencies as "goods," rather than currencies.
Lawmakers have established that virtual assets can be considered as electronic certificates of economic value that can be traded electronically. However, when the transactions are for sales purposes, it could be viewed as an asset.

The Bank for International Settlements (BIS) agrees that leading financial nations badly need to make cross-border payment progress – but is still unsure if that the answer will be found in global stablecoin projects.
The BIS wrote that "sound legal underpinning" could provide the "basis for the use of stablecoins in multiple jurisdictions."
The BIS appears to be hedging its bets with stablecoins, opining that "much will depend on the design features of global stablecoins, which at the time of writing of this report are not yet clear."
The authors added, "[Global stabelecoin] setup and operational costs are expected to be high but not quantifiable at this point in time. As global stablecoin arrangements are largely based on new technologies yet to be tested on a large scale, they may face significant operational risks that need to be appropriately managed and mitigated."

CoinNess.com now delivers a special report featuring the closing prices of the U.S. blockchain stocks at the end of the day.
NYSE Bundle:
Eastman Kodak Company (KODK): $2.02, -3.81%;
IBM Common Stock (IBM): $119.20, +0.62%;
Accenture Plc (ACN): $215.74, -2.05%;
Square Inc (SQ): $118.65, -7.36%;
JPMorgan Chase & Co. (JPM): $97.65, +1.40%;
NASDAQ Bundle:
Overstock.com (OSTK): $41.86, -14.13%;
Marathon Patent Group Inc (MARA): $0.88, -5.59%;
RIOT Blockchain Inc (RIOT): $2.18, -6.44%.

Blockchain tracking and analytics platform, Whale Alert, revealed that over the past four years, scammers have stolen over $38 million worth of Bitcoin (BTC).
In 2017, scammers stole roughly $5M in Bitcoin from unsuspecting victims. In the first quarter of 2020, users had nearly 5x that amount stolen for a total of $24 million. Whale Alert's study forecasts that this figure could rise as high as $50 million by the end of the year.

For more alerts on real-time market changes, add your portfolio at "Watch List" to enable the Intelligent Market Monitor, seizing more investment opportunities.

Citing CoinTrendz.com, LINK was mentioned 317 in the last hour, holding the first position for 'Top 10 Mentions On Twitter In The Last Hour. The full list is as follows: LINK (317 mentions), BTC (128), ETH (34), SXP (25), XRP (23), XTZ (23), VET (22), BAND (17), RSR (15) and DOGE (14).