Market Analysis Report

17 June 2019

MVIS-CryptoCompare Index

The MVIS CryptoCompare Digital Assets 10 Index has closed at 8,216.31 with a loss of 6.06% for the day.

See the live index here

Market Update

At the time of writing, the Bitcoin price is sitting at $10,700 representing a gain of 13.1% in the last 24 hours. More than $1.2B worth of BTC were exchanged in the BTC/USD market representing a 23.8% share of the global daily volume. The BTC/JPY pair represents a 49.6% share.

The Ethereum price has risen 5.8% over the past 24 hours and is currently sitting at $891, with over $250M worth of Ether exchanged in the past 24 hours on the ETH/USD pair which has a 26% market share of the daily trading volume.

See live charts here and here

Poloniex Acquisition Rumored to Have Cost $400 Million

Payment and fintech company Circle has acquired Poloniex exchange. Weeks of rumours have finally been put to rest as the press releases were circulated earlier today.

A CryptoGlobe source says that the acquisition price is around the $400 million mark which would place it as the largest acquisition in the crypto space to date. An announcement was published on the exchange website that reads:

"We are excited to announce that as of today, February 26, Poloniex will be joining the Circle team and building on our foundations to further scale our platform, grow our global reach, and accelerate the token ecosystem in the months and years ahead."

Read more here

ECB Unveils Instant Payment System

Yves Mersch, an executive board member of the European Central Bank (ECB), told Bloomberg the organization is readying a new settlement system dubbed Target Instant Payment Settlement, or TIPS, for its November debut.

TIPS is a product for the purpose of offering real-time payment transactions to disrupt the disrupter, the distributed ledger technology and cryptocurrencies.

Read more here

Coincheck Considers Capital Tie-Up to Regain Public Trust

Tokyo-based cryptocurrency exchange, Coincheck, is reportedly considering a capital tie-up to strengthen its financial base and regain trust following a massive cryptocurrency theft from the exchange in a hacking incident about a month ago, according to an informed source.

The exchange lost 58 billion yen worth of the cryptocurrency NEM (~USD$544 million) on January 26.

Read more here

Last Chance to Invest in e-Chat, ICO Ends on March 1, 2018

Buy e-Chat tokens with 5% discount now! The price for 1 ECHT is $1.425.

What is e-Chat and what makes it challenge the messaging world?

  •    Confidentiality. Data is encrypted through the following technological combination: blockchain, peer-to-peer computing (P2P) and InterPlanetary File System (IPFS).
  •    Security: Convenient key verification tools for end-to-end data encryption are used.
  •    Protection against blocking.
  •    Cross-platform compatibility.
  •    Intuit user-friendly interface.
  •    Free

Benefits for ICO participants:

1) By supporting the project right now you get ECHT that could be later used on the platform. As the amount of e-Chat users will be increasing the growth in e-Chat tokens demand will become obvious. According to our expectations, this will cause the ECHT price rise as well.

2) ECHT is used to purchase lifetime storage on e-Chat. This way of token liquidation, in the long run, bears its fruit: the exchange rate will grow due to their limited amount of turnover.

3) e-Chat provides mining options for its users. This could also stimulate the interest to ECHT and influence the growth of its market price.

e-Chat is mentioned by such publication giants as Forbes, Huffington Post, Cointegrated, Inc., Reuters, Nasdaq, Yahoo, Bitcoin.com, CoinShedule, CryptoCompare, Finance Magazine, NewsBTC, CoinNewsAsia, BTC-ECHO, USA Today, BitScreener, MorningStar, Ethereum World News and dozens of others, which of course impacts the popularity of the application.

Follow the news on the e-Chat official website!

WELL Launches Personal Dashboard for its Crowdsale Supporters

WELL has launched its personal dashboard in advance of the new crowdsale dates. The dashboard serves to improve the tokensale process, insure safety and compliance.

The Whitelist pre-sale was originally scheduled to end on February 24th, with the public sale running February 25th - May 15th. WELL has extended the Whitelist period and the bonuses to accommodate overwhelming demand from supporters and add more functionality to WELL platform. Now the Public Sale will run April 16th - May 15th.

The new bonus schedule allows more time to receive the maximum 40% bonus. It will be available until March 15th, with a 30% bonus given March 16th - April 15th. You can visit the WELL website to learn more about the bonus system.

WELL founders emphasized, “Contributors who participated in our pre-sale, receiving a 30% bonus, will get additional 10%.”  

About WELL:

WELL is creating a global blockchain platform for high-quality healthcare to eliminate country borders and connect doctors and patients worldwide. The WELL token enables an on-demand system solving the problems of cross-border payments, data accessibility, payment risk. If you are interested in WELL pre-sale, contact us at crowdsale@joinwell.io or on Telegram.

Recently Added:

VIN added to Ongoing ICO list

ALX added to Upcoming ICO list

Press Release

State of the Crypto

Bitcoin is up 13.1% at $10,700.820 with a volume of Ƀ125.9k - $1291.6M on the USD pairs.

Ether is down 6.38% against Bitcoin at Ƀ0.08347 per Ether and up 5.86% against the dollar to $891.55 with average volume Ƀ41.1k on the ETH/BTC pair.

Bitcoin Cash is down 0.66% to Ƀ0.1204 with volumes of Ƀ15.4k and up 11.96% against the dollar at $1288.54.

Ripple is down 4.28% to Ƀ0.00008915 with volumes of Ƀ5.9k and up 8.11% against the dollar at $0.9532.

Zcash is down 4.3% for the day to Ƀ0.03892 per ZEC and up 7.97% against the dollar to $417.52 with an average volume of Ƀ2.7k for the 24 hour period.

Litecoin is up 2% against the dollar for the day at $222.29 and down 9.92% to Ƀ0.02079 on volumes of Ƀ23.7k.

Dash is down 2.36% at Ƀ0.0599 with Ƀ4.0k volume and up 10.27% against the dollar at $642.99.

Iota is down 4.66% to Ƀ0.0001779 on Ƀ1.3k volume.

Ether Classic is down 4.8% to Ƀ0.003413 with volumes of Ƀ13.6k and up 7.5% against the dollar at $36.54.

Monero is up 13.41% against the dollar at $304.46 and up 0.42% against Bitcoin at Ƀ0.02847 on volumes of Ƀ2.4k.

Neo is up 6.63% for the day to Ƀ0.01319 per NEO and up 20.69% against the dollar to $140.73 with an average volume of Ƀ12.2k for the 24 hour period.

Waves is down 5.32% to Ƀ0.0006383 on Ƀ1.9k volume.

Stratis is down 2.51% to Ƀ0.0007237 on Ƀ499.217 volume.

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