Market Analysis Report

MVIS-CryptoCompare Index

The MVIS CryptoCompare Digital Assets 10 Index has closed at 6,234.49 with a gain of 2.81% for the day.

See the live index here

Market Update

At the time of writing, the Bitcoin price is sitting at $7,637 representing a gain of 2.86% in the last 24 hours. More than $350 M worth of BTC were exchanged in the BTC/USD market representing a 16.41% share of the global daily volume. The BTC/JPY pair represents a 58.5% share.

The Ethereum price has risen 3.72% over the past 24 hours and is currently sitting at $607, with over $150 M worth of Ether exchanged in the past 24 hours on the ETH/USD pair which has a 24% market share of the daily trading volume.

For a detailed market analysis click here

Microsoft to acquire GitHub for $7.5 billion in stock

Last Monday, Microsoft has announced that it will acquire the software developer platform GitHub in a deal valued at 7.5$ billion in stock. Apparently, this decision has come as a consequence of the company reorganization to find an alternative to court developers after Microsoft saw its once-dominant Windows unit slip in market share in recent years. Microsoft CEO Satya Nadella stated:

"Microsoft is a developer-first company, and by joining forces with GitHub we strengthen our commitment to developer freedom, openness and innovation. We recognize the community responsibility we take on with this agreement and will do our best work to empower every developer to build, innovate and solve the world's most pressing challenges."

Read more here

Japan’s GMO Unveils Specs and Price of 7nm Bitcoin Mining Rigs

Yesterday, Japanese internet service provider GMO announced a new Bitcoin mining rig equipped with 7nm mining chips called as "GMO miner B2". According to Nikkei, a Japanese news outlet, the mining capacity is 24 TH/s and the price of the machines will be adjusted monthly according to demand. Furthermore, the power consumption can be reduced up to 20% and the cost of network equipment can be reduced to 1/55 as well. The local media reported:

"The GMO miner B2 features a semiconductor chip ‘GMO 72b’ dedicated to mining that adopts the in-house developed 7-nanometer process technology. The hash rate indicating the computing capacity of mining is 24 TH/s, and can calculate hash 24 trillion times per second."

Read more here

Bitfinex Exchange Suffers Outages Amid Cyber Attack

Yesterday, cryptocurrency exchange Bitfinex has experienced several outages after being hit by a DDoS - Denial of Service Attack. According to the website's incident page, the exchange was down during yesterday's morning until the cause of the issues were detected with their infrastructure provider. Later on the day, the operations have come back to normal as stated on the exchange official Twitter:

"Trading and funding is live once again. Thank you for your patience."

Read more here

Final few Early Bird tickets for CryptoCompare & MJAC London Blockchain Summit

As the event is getting closer, we're selling the final few early bird tickets, with a further 40% discount if you use the code "CRYPTOCOMPARE". Here’s a reminder of what to expect on the day:

• You certainly won’t want to miss the presentations and panels on the Main Stage where industry leaders will talk about the blockchain technology and how it is changing the world.
• The ICO & Blockchain Stage is something you won’t want to neglect either. It will showcase top ICOs and the most interesting project will be awarded the Best ICO Pitch Award.
• Networking and more networking. The event is a prime opportunity to meet exhibitors and like-minded individuals. Your ticket also includes an exclusive after show party for more networking opportunities.

Book your ticket now »

Final Day of intimate.io Public Sale

It is time to get on it and add ITM to your portfolio. intimate.io have made significant headway in bringing trust and security to the adult sector by creating a world class payments system that works for the consumer and supplier alike.  The public sale finishes at 5 pm GMT on Thursday, June 7th. Don’t miss your opportunity to purchase intimate ahead of their aggressive rollout within the adult industry starting in July.

Join the Public Sale here

Read our Guide About Trippki - The Evolution of Travel

Loyalty programmes in the travel industry suffer from a number of problems; from scale, because rewards are linked to single hotels or destinations and a lack of flexibility when reconciling how a customer wants to use their rewards. Moreover, they are expensive to run and in many ways redundant due to the imbalance created by middlemen. Booking platforms push the price as the key differentiator when buying to the detriment of hotels’ own brands and ultimately undermine the premise of customer relationship management tools.  

Trippki delivers the defining loyalty programme for the travel industry, using Blockchain technology. The TRIP token has been designed by travel industry specialists for the consumer to be rewarded as they travel, creating a win: win for operator and guest alike.

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ELY was added to ICO Ongoing List