Market Analysis Report

MVIS-CryptoCompare Index

The MVIS CryptoCompare Digital Assets 10 Index has closed at 10,682.48 with a gain of 22.22%for the day.

See the live index here

Market Update

At the time of writing, the Bitcoin price is sitting at $11,748, representing a gain of 4.5% in the last 24 hours. More than $2B worth of BTC were exchanged in the BTC/USD market representing a 37.3% share of daily volume, followed by the BTC/JPY pair that represents a 30% share.

The Ethereum price has risen by 6% over the past 24 hours and is currently sitting at $1062, with over $890M worth of Ether exchanged in the past 24 hours on the ETH/USD pair which has a 33.8% market share of the daily trading volume.

See live charts here and here

Korean Regulator Investigating Staff Insider Trading of Cryptocurrencies

An official from South Korea's Financial Supervisory Service (FSS) has reportedly said that an investigation is underway into claimed insider trading within his organization.

Choi Heung-sik, governor of the FSS, said he will make public any findings on the allegations of illegal trading of cryptocurrency by one of its staff members. According to the Korea Times, Choi said:

"We've acknowledged allegations that an FSS official sold crypto-assets based on insider information before the government's updated announcement to regulate the market. We are looking into this case."

Read more here

NYSE Parent Company Launches Cryptocurrency Data Feed

Intercontinental Exchange (ICE), the parent company of the New York Stock Exchange (NYSE), is partnering with blockchain startup Blockstream to launch a new cryptocurrency-based data feed.

ICE Data Services' feed will display real-time data from at least 15 different cryptocurrency exchanges worldwide, including prices and order book data for Bitcoin and other cryptocurrencies, according to a press release published yesterday. ICE Data Services President and chief operating officer Lynn Martin said in a statement:

"With the broad array of cryptocurrencies and exchanges, and given the price variances between exchanges, it's critical that investors have a comprehensive source of pricing information. We're excited to work with Blockstream, which is focused on bringing institutional-quality data to the market, and we look forward to expanding the feed and our strategic relationship with Blockstream over time."

Read more here

Petro Discount: Venezuela is Luring Qatar to Invest

A delegation of officials from Venezuela’s government is reportedly pitching the country’s upcoming cryptocurrency petro in Qatar in an attempt to gain the latter as an early investor.

Citing source with knowledge of the diplomatic meetings, Bloomberg is reporting that a group of Venezuelan officials led by ‘crypto superintendent’ Carlos Vargas is currently in Qatar, hoping to land the oil-rich Middle Eastern state as an early investor. The delegation is luring Qatar by ‘currently negotiating discounts’ ahead of the oil-backed cryptocurrency’s upcoming ‘sale’ in February, the report added.

Read more here

Recently Added:

CPY was added to Ongoing ICO list

NaPoleonX is the first 100% algorithmic crypto asset manager, founded by former multi-billion asset managers at Tier 1 banks who have designed, created and run high-performance trading bots over the last 15 years.

NaPoleonX is a French company that will deploy trading bots that will be encapsulated into investment vehicles, aka Decentralized Autonomous Funds (DAF), in order to give cryptoholders access to robust investing strategies. DAFs are the ultimate investment vehicles since they inherently give gateways to the latest trading techniques and algorithms.

300+ people have already contributed in pre-ICO to $1.1m for NPX tokens during november. NaPoleonX will soon cross 4000+ people registered members that are ready to participate into the next ICO on January 22th. The hard cap is $15m, max supply is 50 millions NPX tokens and the minimum contribution is 0.3 ETH, 0.05 BTC or 750 EUR.

NPX is founded by Stéphane Ifrah (BNPP the 8th biggest bank in the world, Ernst & Young), Jean-Charles Dudek (BNPP, Unicredit), Arnaud Dartois (SQN, ADC) and others experts with extensive programming knowledge into trading tools, blockchain and asset management. NaPoleonX is supported by great Advisors like Justin Jovanovic (COO at investFeed), Moe Levin (CEO at Keynote), Marcello Mari (HPR at Singularity), Harold Kim (Joajoa Networks).

To learn more about NaPoleonX, visit napoleonx.ai, get the white paper and ask anything on the Telegram Chat - telegram.napoleonx.ai. Click to here to get whitelisted for the upcoming ICO.