Market Analysis Report

17 June 2019

MVIS-CryptoCompare Index

The MVIS CryptoCompare Digital Assets 10 Index has closed at 7,746.64 with a loss of 1.86% for the day.

See the live index here

Market Update

At the time of writing, the Bitcoin price is sitting at $9,418 representing a loss of 2.4% in the last 24 hours. More than $750M worth of BTC were exchanged in the BTC/USD market representing a 19% share of the global daily volume. The BTC/JPY pair represents a 57% share.

The Ethereum price has risen 1% over the past 24 hours and is currently sitting at $838, with over $170M worth of Ether exchanged in the past 24 hours on the ETH/USD pair which has a 23.6% market share of the daily trading volume.

See live charts here and here

Crypto Investor Show | London 2018

UK's Biggest Crypto and Blockchain Event for Investors

The Crypto Investor Show is launching a crypto and blockchain investor event in the UK. The goal is to put on a well rounded and innovative event that reflects the buzz and excitement created in 2017, while giving investors the chance to fully understand the key elements driving blockchain technology forward, how and why the industry has got to where it is now, and what could be in store for 2018 and beyond.

The event will bring the best cryptocurrency and investment speakers from around the globe, featuring Stephan Tual, Prof. William Knottenbelt, Galia Benartzi and much more

The Crypto Investor Show will cover many aspects of the current state and future of cryptocurrencies, with invited and contributed presentations on:

  • What is blockchain and why is it disrupting the world as we know it?
  • How to mine, buy and trade digital currencies?
  • How to store cryptocurrencies safely?
  • The latest blockchain innovations?
  • How to navigate the ICO market?
  • The role and views of regulators, auditors and legal experts?
  • Can the value of altcoins continue to rise in 2018?
  • How to invest safely and avoid potential pitfalls?

The event will take place on the 10th of March 2018 between 9.00am and 6.00pm, at the QEII Centre. It is in the heart of Westminster, very easily accessible and it is served by outstanding transport links. The show will start   the 10th of March 2018 between 9.00am and 6.00pm.

The CryptoCompare team will be attending the event and we are thrilled to invite you to join us on the show!

To buy a ticket to the Crypto Investors Show click here and to learn more about the show click here

Coinbase Compelled by IRS to Provide Customers’ Information

Popular cryptocurrency exchange Coinbase has been forced by court order to hand over thousands of its customers’ names and assorted personal information to the US Internal Revenue Service (IRS) in the agency’s effort to collect taxes. The San Francisco-based cryptocurrency exchange announced on its website:

"On February 23rd, 2018, Coinbase notified a group of approximately 13,000 customers concerning a summons from the IRS regarding their Coinbase accounts. The court ordered Coinbase to provide taxpayer ID, name, birth date, address, and historical transaction records for certain higher-transacting customers during the 2013-2015 period."

Read more here

Stock Trading App Robinhood Launches Zero-Fee Cryptocurrency Trading In 5 U.S. States

Popular mobile stock trading app Robinhood has formally launched its new Robinhood Crypto service, that allows customers in five U.S. states to buy Bitcoin and Ethereum without having to pay any fees.

According to an announcement, residents of California, New Hampshire, Massachusetts, Missouri and Montana can now trade the top two cryptocurrencies using the app. Those who aren’t yet able to trade will be able to track those and 14 other cryptocurrencies, including Ripple, Litecoin, Bitcoin Cash, Ethereum Classic, Monero, NEO, and Dogecoin.The announcement reads:

“Over the past few weeks, we’ve been overwhelmed by the enthusiasm towards Robinhood Crypto and are excited to contribute to the cryptocurrency community in a meaningful way. (…) With the release of Robinhood Crypto, we’re continuing our mission of making the financial system work for everyone, not just the wealthy.”

Read more here

QTUM is Leading The Way in Bringing Blockchain to Mainstream Audiences Through Their Strategic Collaboration With Vanywhere

This innovative skill-sharing platform creates a marketplace for nearly anyone with a skill in any field to offer their services through live video, voice and chat. People on the platform (who Vanywhere calls “Skillers”) set their own price per minute, and get paid in cryptocurrency for doing what they do best.

Vanywhere already has a live working product that’s proved itself in the market. During their live product testing, they became the premiere destination for Apple customer service over live video, with support given by Apple enthusiasts from all around the world.

It’s no wonder that Qtum opted for a strategic collaboration with Vanywhere. By building their platform on Qtum’s blockchain, Vanywhere gives everyone the opportunity to monetize their skills and earn in crypto, even if they have no prior knowledge of the crypto space.

Check out Vanywhere’s website to learn more about the platform and read their white paper. You can also watch their collection of videos to see Vanywhere in action.

Crypto Enthusiasts could Generate Assets by Playing Favorite Computer Games

We would like to introduce to you the first decentralized PvP gaming platform – IQeon.

This gaming ecosystem hosts apps, games and services based on intellectual competitions between players. By playing your favourite games or/and placing bets on the results of gaming competitions you earn real money, the cryptocurrency of IQeon platform. IQN is based on Ethereum network and is compatible with modern Exchange platforms.

By gaining points, bonuses in one game you can easily turn them into the platform cryptocurrency and then use in other games. IQN could be easily traded for other coins and go fiat to your card. Gaming has never been more enjoyable than when you actually earn on it.

Since January 30, IQeon has an ongoing ICO which ends on March 13, 2018. Right now you may buy IQN and get 10% additionally. Beginning from February 27 until the end of the ICO the bonus is only 5%.

Hurry up to invest in IQeon ICO now and give yourself a chance to play and earn on your in-game achievements!

Recently Added:

ILT added to Upcoming ICO list

ENK added to Upcoming ICO list

DHT added to Upcoming ICO list

Press Release

State of the Crypto

Bitcoin is down 2.4% at $9,418.570 with a volume of Ƀ78.4k - $751.8M on the USD pairs.

Ether is up 2.72% against Bitcoin at Ƀ0.08919 per Ether and up 1% against the dollar to $838.04 with average volume Ƀ34.3k on the ETH/BTC pair.

Bitcoin Cash is down 0.57% to Ƀ0.1214 with volumes of Ƀ13.3k and down 2.77% against the dollar at $1145.42.

Ripple is down 0.28% to Ƀ0.00009356 with volumes of Ƀ4.6k and down 2.62% against the dollar at $0.8795.

Zcash is up 1.34% for the day to Ƀ0.04078 per ZEC and down 1.69% against the dollar to $386.75 with an average volume of Ƀ3.0k for the 24 hour period.

Litecoin is up 3.69% against the dollar for the day at $215.81 and up 5.91% to Ƀ0.02293 on volumes of Ƀ26.1k.

Dash is up 0.46% at Ƀ0.06144 with Ƀ3.3k volume and down 2.34% against the dollar at $579.53.

Iota is down 1.11% to Ƀ0.0001867 on Ƀ2.2k volume.

Ether Classic is down 3.14% to Ƀ0.003577 with volumes of Ƀ13.6k and down 5.49% against the dollar at $33.59.

Monero is down 0.21% against the dollar at $268.12 and up 2.41% against Bitcoin at Ƀ0.02851 on volumes of Ƀ1.8k.

Neo is up 2.57% for the day to Ƀ0.01239 per NEO and down 0.23% against the dollar to $116.33 with an average volume of Ƀ2.8k for the 24 hour period.

Waves is down 0.63% to Ƀ0.0006748 on Ƀ1.7k volume.

Stratis is down 2.63% to Ƀ0.000744 on Ƀ374.976 volume.

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