Market Analysis Report

17 June 2019

MVIS-CryptoCompare Index

The MVIS CryptoCompare Digital Assets 10 Index has closed at 10,065.36 with a loss of 12.06% for the day.

See the live index here

Market Update

At the time of writing, the Bitcoin price is sitting at $11,749 representing a gain of 0.2% in the last 24 hours. More than $1.25B worth of BTC were exchanged in the BTC/USD market representing a 31.3% share of daily volume.

The Ethereum price has risen by 1.6% over the past 24 hours and is currently sitting at $1,075, with over $450M worth of Ether exchanged in the past 24 hours on the ETH/USD pair which has a 31% market share of the daily trading volume.

See live charts here and here

Korean Crypto Exchanges to Share Data with Banks

The Korean Financial Services Commission (FSC) announced some additional details of the new system for cryptocurrency accounts on Sunday. “The government plans to require cryptocurrency exchanges to share users’ transaction data with banks,” an FSC official said, as quoted by the Investor. The official emphasized:

"Banks are expected to introduce the system, which will require cryptocurrency exchanges to share users‘ transaction data with banks, late this month or early next month."

Read more here

Coinbase to Reopen the GDAX Bitcoin Cash-Euro Order Book

The GDAX exchange, a subsidiary of San Francisco-headquartered Coinbase, has announced that it will open its BCH/EUR order book on Wednesday, January 24 at 02:00 AM Pacific Standard Time (PST). This will allow its European users to gain access to Bitcoin cash trading directly, without having to exchange their Euros to BTC first and paying a commission twice.

Read more here

Emptied IOTA Wallets: Hackers Steal Millions

The IOTA community has recently been hit with a bit of drama, as some individuals have been left with their wallets drained due to malicious websites that provide users with a wallet seed generator. Recently, many users reported having their funds (an estimated $4 million) in their IOTA wallets stolen from an unknown source.

The IOTA community has been quite clear about online seed generators, encouraging users to change elements of the seed in order to prevent any vulnerabilities. They have also been repeatedly pointing to the fact that the vulnerability has nothing to do with IOTA’s technology, and rather just seed generating services.

Read more here

Recently Added:

EBC added to Ongoing ICO list

SFU added to Upcoming ICO list

SRNT added to Upcoming ICO list

Start of OctoinCoin cryptocurrency!

Octoin  project is happy to announce the release its own cryptocurrency OctoinCoin! The release is planned for beginning of February 2018.

OctoinCoin (OCC) has got many advantages which differentiate it from the rest of cryptocurrencies. Three wales, which OCC is based on are: the security, speed and convenience.

Advantages of OCC comparing to other cryptocurrencies:

  • PoS mining which is possible without using the expensive equipment. It is enough simply to keep your wallet open with the balance;
  • Using the SegWit gives additional 4-times optimisation of block of OCC. It multiplies by many times the speed of transaction.
  • The Lightning Network technology is a completely new opportunity of conducting instant transactions with almost no commissions!
  • OCCode is the opportunity of cold storage and sending coins using the code. This technology is reminding the electronic cheque to bearer. It is easy and safe method of sending the coins to the user, who might not even have the wallet at the moment of receiving the coins. When someone receives and activates the code, he is refilling its balance for the amount of OCC, which is was indicated while created OCCode.

We are sure that start of our own cryptocurrency with such functionality will allow us to straighten our leadership positions at the cryptocurrencies market. So that our Partners can attract new users to the system!

SegWit2X Announces Bounty Campaign

Total Prize Fund - $ 120 K

SegWit2X team is launching a number of bounty campaigns, which give Blockchain developers the opportunity to show how skillful they are and reward the best projects, ideas, solutions with big bucks.

  1. B2X App Contest (the total prize fund is 70.000 USD in B2X)

The goal of the bounty campaign is to motivate developers to create apps supporting B2X. This could be any kind of app representing various industries operating in B2C sector. The duration of the campaign is 3 months, the expected amount of winners varies from 1 to 5 and the total prize fund is $70.000. Your apps could be supporting any cryptocurrencies but the B2X implementation is compulsory.

The apps could fall into the following criteria:

  • Off-the-shelf, working solution.
  • Best concept, non-trivial solution.

It could be a mobile app (Android/IOS), a web application, or a browser app.

  1. Bug Bounty B2X (the total prize fund is 30.000 USD in B2X)

This bounty campaign falls into two criteria:

  • find web-service vulnerabilities (reward varies from $50 to $5K in B2X).
  • find B2X code vulnerabilities (reward is $5K in B2X).
  1. B2X Improve Bounty (the total prize fund is 20.000 USD in B2X)

The goal of this contest is to improve SegWit2X project. The best solutions with the detailed code description will be given substantial rewards in B2X: rewards vary from 1.000 to 5.000 USD in B2X.

For more information visit our official website and social channels.

https://t.me/Segwit2Xfork

https://twitter.com/Segwit_2X

Press Release

State of the Crypto

Bitcoin is up 0.2% at $11,749.580 with a volume of Ƀ109.9k - $1279.0M on the USD pairs.

Ether is up 1.63% against Bitcoin at Ƀ0.09163 per Ether and up 1.46% against the dollar to $1073.46 with average volume Ƀ42.0k on the ETH/BTC pair.

Bitcoin Cash is down 0.13% to Ƀ0.1508 with volumes of Ƀ18.1k and down 0.09% against the dollar at $1770.21.

Ripple is down 0% to Ƀ0.0001176 with volumes of Ƀ19.4k and down 0% against the dollar at $1.38.

Zcash is up 0.67% for the day to Ƀ0.04235 per ZEC and up 0.51% against the dollar to $499.38 with an average volume of Ƀ2.5k for the 24 hour period.

Litecoin is up 1.18% against the dollar for the day at $193.06 and up 1.17% to Ƀ0.01647 on volumes of Ƀ6.9k.

Dash is down 0.54% at Ƀ0.07045 with Ƀ3.5k volume and down 0.38% against the dollar at $831.61.

Iota is up 2.23% to Ƀ0.0002428 on Ƀ1.9k volume.

Ether Classic is up 3.54% to Ƀ0.002751 with volumes of Ƀ4.6k and up 3.92% against the dollar at $32.33.

Monero is up 0.25% against the dollar at $350.85 and up 0.07% against Bitcoin at Ƀ0.02989 on volumes of Ƀ4.0k.

Neo is down 0% for the day to Ƀ0.01149 per NEO and up 0.89% against the dollar to $135.62 with an average volume of Ƀ5.3k for the 24 hour period.

Waves is down 1.76% to Ƀ0.0007198 on Ƀ1.7k volume.

Stratis is down 0.17% to Ƀ0.00116 on Ƀ1.1k volume.

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