Market Analysis Report

17 June 2019

MVIS-CryptoCompare Index

The MVIS CryptoCompare Digital Assets 10 Index closed at 2,186.20 yesterday at 5 pm (GMT) and has since dropped 2.89%.

See the live index here

Market Update

At the time of writing, the Bitcoin price is sitting at $4,026 representing a loss of 4.07% in the last 24 hours. More than $310 M worth of BTC were exchanged in the BTC/USD market representing a 17% share of the global daily volume. The BTC/JPY pair represents a 7% share.

The Ethereum price has dropped 3.17% over the past 24 hours and is currently sitting at $113, with over $50 M worth of Ether exchanged in the past 24 hours on the ETH/USD pair which has a 9% market share of the daily trading volume.

See live charts here and here

ASUS Announces Partnership with Quantumcloud

Last Saturday, Asus announced its partnership with startup software company Quantumcloud, in a bid to distribute an easy-to-use graphics processing unit (GPU) mining interface for Asus graphics cards. The announcement reads:

"ASUS today announced a new strategic partnership with Quantumcloud, a startup with a software solution that allows gamers to use their idle graphics cards to mine cryptocurrency and receive a digital cash payout through PayPal or WeChat."

Read more here

Huawei Cloud Announces Global Launch of its Blockchain Services

Last Saturday, Huawei Cloud, the cloud services arm of Huawei Global, has announced the launch of its Blockchain Service (BCS). According to an official press release the launch is set for global use for November 15, 2018. The company stated:

"Now available on the international HUAWEI CLOUD website, the service helps global enterprises and developers create, deploy, and manage blockchain applications quickly and at minimal cost on HUAWEI CLOUD. Its global launch lays the foundations for a distributed global blockchain platform."

Read more here

EOSBet Receives Online Gaming License

Last Friday, one of the most popular EOS dApps has become the world's "first licensed on-chain blockchain casino". EOSBet announced that it had secured an official certification from one of the world’s oldest and reputable online gambling regulator, Curaçao eGaming, which has a Master Gambling License from the island nation's Ministry of Justice. The Marketing team at EOSBet stated:

“We’ve worked relentlessly to make this license succeed and we will continue to strive to be the standard for smart casinos”.

Read more here

Javvy to Bring About Mainstream Crypto Adoption

Javvy will finally bring cryptocurrency to the mainstream by giving users “the easy button” for buying/selling/trading it, using it in the real world (international debit card, easy peer-to-peer payments, etc), and storing it safely.

The Key points to know about Javvy:

  • Launched its minimum viable product (MVP with send/receive capability), in July of 2018
  • Built-in exchange aggregator is an “exchange of exchanges” (both decentralized and centralized), allowing Javvy to always provide the most liquidity at the best rates
  • Banking bridge to support buying and selling with national currencies (Fiat)
  • Already supports crypto-to-crypto conversion and whitelisting for ICO/STO participation
  • Available on all platforms (Windows, iOS, & Android… Linux / Mac soon after funding)
  • No user’s private information will be stored on Javvy servers (security focus)
  • Will use the Javvy utility token for discounted fees, loyalty rewards, and staking *
  • All crypto wallet features suspended during the ICO, to focus on the fundraising goal

Install the Javvy app to complete the whitelisting and ICO contribution process or purchase tokens through the popular LATOKEN exchange during the pre-sale and receive the same great 25% bonus!

Javvy’s crypto solution is available in mobile app stores as a Javvy Windows download. **

Buy Javvy (JVY) tokens via LATOKEN using BTC/ETH/USDT: Buy Javvy Tokens ***

LATOKEN is a rapidly growing Top-30 crypto exchange focusing on providing liquidity for new tokens with over $50+ million daily turnover & 120,000+ registered traders.

Legal Disclaimers: https://javvy.com/legal/customers-partners/legal-disclaimers.html

For more details or to contact Javvy, please reach us via the website. Be sure to join our huge and growing community on Telegram and Twitter! Let’s talk!

Press Release

State of the Crypto

Bitcoin is down 4.07% at $4,026.240 with a volume of Ƀ77.2k - $315.6M on the USD pairs.

Ether is up 0.68% against Bitcoin at Ƀ0.02819 per Ether and down 3.17% against the dollar to $113.46 with average volume Ƀ54.1k on the ETH/BTC pair.

Bitcoin Cash is down 1.46% to Ƀ0.04507 with volumes of Ƀ3.3k and down 2.57% against the dollar at $196.32.

Ripple is up 2.04% to Ƀ0.00008987 with volumes of Ƀ18.9k and down 1.84% against the dollar at $0.3621.

Zcash is up 1.65% for the day to Ƀ0.01905 per ZEC and down 2.11% against the dollar to $77.3 with an average volume of Ƀ10.3k for the 24 hour period.

Litecoin is down 5.52% against the dollar for the day at $32.02 and down 1.76% to Ƀ0.007982 on volumes of Ƀ16.3k.

Dash is down 1.37% at Ƀ0.02225 with Ƀ26.8k volume and down 4.75% against the dollar at $90.86.

Iota is down 1.25% to Ƀ0.00006948 on Ƀ375.945 volume.

Ether Classic is up 7.62% to Ƀ0.001257 with volumes of Ƀ12.4k and up 3.46% against the dollar at $5.08.

Monero is down 3.63% against the dollar at $57.62 and up 0.35% against Bitcoin at Ƀ0.01431 on volumes of Ƀ1.4k.

Neo is up 0.21% for the day to Ƀ0.001931 per NEO and down 3.2% against the dollar to $7.86 with an average volume of Ƀ12.6k for the 24 hour period.

Waves is up 7.35% to Ƀ0.0003741 on Ƀ3.5k volume.

Stratis is up 4.11% to Ƀ0.0001952 on Ƀ270.045 volume.

Cardano is up 1.51% to Ƀ0.00001006 on Ƀ1.2k volume.

NEM is down 0.9% to Ƀ0.00001876 on Ƀ423.594 volume.

EOS is up 0.17% to Ƀ0.0007035 on Ƀ31.6k volume.

Tron is down 0.83% to Ƀ0.00000357 on Ƀ1.6k volume.

Stellar is down 0.84% to Ƀ0.00003874 on Ƀ2.5k volume.

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