Market Analysis Report

17 June 2019

MVIS-CryptoCompare Index

The MVIS CryptoCompare Digital Assets 10 Index closed at 1,744.05 yesterday at 5 pm (GMT) and has since dropped 0.57%.

See the live index here

Market Update

At the time of writing, the Bitcoin price is sitting at $3,453 representing a loss of 2.14% in the last 24 hours. More than $260 M worth of BTC were exchanged in the BTC/USD market representing a 16% share of the global daily volume. The BTC/EUR pair represents a 3% share.

The Ethereum price has dropped 0.94% over the past 24 hours and is currently sitting at $90, with over $50 M worth of Ether exchanged in the past 24 hours on the ETH/USD pair which has a 8% market share of the daily trading volume.

See live charts here and here

HTC Blockchain Phone Released With Brave Installed Out of Box

Last Saturday, the Exodus 1, one of the first blockchain-tailored smartphones to hit the market, announced that the Brave browser will be the standard browser installed on the phone and that Brave is “working with HTC on their Exodus phone.” Brendan Eich, Co-founder & CEO Brave Software, stated on his Twitter:

"We are very happy to have @Brave as default browser & to be working with HTC on their Exodus phone: https://twitter.com/BitsBeTrippin/status/1071277245686255616 … "

Read more here

Abu Dubai National Oil Company to Use Blockchain For Oil Tracking

According to a company press release on Sunday, the Abu Dubai National Oil Company (ADNOC) said that it has successfully collaborated with IBM on a pilot for a blockchain-based oil and gas tracking system. On their press release they stated:

"The Abu Dhabi National Oil Company (ADNOC) has announced its successful collaboration with IBM, piloting a Blockchain-based automated system to integrate oil and gas production across the full value chain. The groundbreaking system provides a secure platform for the tracking, validating and execution of transactions at every stage, from production well to the end customer."

Read more here

UNICEF Funds 6 Blockchain Startups to ‘Solve Global Challenges’

Last Monday, UNICEF announced that is investing $100,000 in six blockchain startups to “solve global challenges using blockchain technology,” ranging from healthcare delivery transparency to managing finances and resources. UNICEF Innovation principal advisor Chris Fabian stated:

“Blockchain technology is still at an early stage – and there is a great deal of experimentation, failure, and learning ahead of us as we see how, and where, we can use this technology to create a better world.”

Read more here

 

Esports platform release increases the adoption of MobileGO (MGO) tokens

The MobileGo team, known as ‘by gamers for gamers’ has released their own gaming platform to bring a new experience to the gamers all around the globe. The beta version of the platform is already live and available for everyone who wants to try it.

Nowadays, there are a lot of esports platforms but the distinguishing feature of the MobileGo platform is that the platform rewards players for their victories. Victory bounty can be claimed in both GShare gold and MGO tokens. Entrance fee for esports platform tournaments is taken in GShare Gold, the special currency to expand its ecosystem.

There are various ways to get GShare Gold. One of the ways is to earn it using GShare, a special tool especially for earning GShare Gold. In short, GShare converts your computer power into GShare Gold coins without requiring any extra efforts. Install the GShare app, run it, press "Start", done. The app will start earning coins for the user in background while he is using the computer. The other way to get GShare gold is to participate in tournaments on esports platform and win tournaments using skill. The winner can decide himself how he would like to take the prize in GShare gold and MGO tokens

The exact sum of the prize is equivalent to the amount of entry fees. Depending on a tournament it’s possible to win up 100 MGO daily.

So now players can earn real tokens with their pure skill, without spending any money to get into the tournament since they can earn GShare Gold in the GShare application without any extra spendings. This is what makes this esports platform sui generis.

Press Release

State of the Crypto

Bitcoin is down 2.14% at $3,453.770 with a volume of Ƀ75.2k - $261.6M on the USD pairs.

Ether is up 0.96% against Bitcoin at Ƀ0.0263 per Ether and down 0.94% against the dollar to $90.9 with average volume Ƀ58.1k on the ETH/BTC pair.

Bitcoin Cash is down 1.47% to Ƀ0.03155 with volumes of Ƀ4.9k and down 3.55% against the dollar at $99.51.

Ripple is up 1.09% to Ƀ0.00008804 with volumes of Ƀ25.0k and down 1.01% against the dollar at $0.3038.

Zcash is down 0.37% for the day to Ƀ0.01618 per ZEC and down 2.29% against the dollar to $56.7 with an average volume of Ƀ7.6k for the 24 hour period.

Litecoin is down 1.46% against the dollar for the day at $24.28 and up 0.77% to Ƀ0.007064 on volumes of Ƀ21.0k.

Dash is down 1.6% at Ƀ0.01968 with Ƀ21.6k volume and down 3.43% against the dollar at $68.72.

Iota is up 0.8% to Ƀ0.00006642 on Ƀ317.734 volume.

Ether Classic is up 6.58% to Ƀ0.001166 with volumes of Ƀ8.7k and up 4.36% against the dollar at $4.07.

Monero is down 4.17% against the dollar at $44.39 and down 2.36% against Bitcoin at Ƀ0.01283 on volumes of Ƀ1.8k.

Neo is down 0% for the day to Ƀ0.001773 per NEO and down 2.04% against the dollar to $6.23 with an average volume of Ƀ6.3k for the 24 hour period.

Waves is up 0.56% to Ƀ0.0004478 on Ƀ805.052 volume.

Stratis is up 0.98% to Ƀ0.0001857 on Ƀ210.969 volume.

Cardano is up 0.35% to Ƀ0.00000868 on Ƀ732.788 volume.

NEM is down 0.48% to Ƀ0.00002079 on Ƀ438.912 volume.

EOS is down 0.64% to Ƀ0.0005467 on Ƀ42.1k volume.

Tron is up 2.67% to Ƀ0.00000385 on Ƀ1.8k volume.

Stellar is down 0.56% to Ƀ0.00003369 on Ƀ2.3k volume.

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