Market Analysis Report

20 June 2018

MVIS-CryptoCompare Index

The MVIS CryptoCompare Digital Assets 10 Index has closed at 5,246.23 with a loss of 2.05% for the day.

See the live index here

Market Update

At the time of writing, the Bitcoin price is sitting at $6,630 representing a loss of 1.17% in the last 24 hours. More than $400 M worth of BTC were exchanged in the BTC/USD market representing a 14.9% share of the global daily volume. The BTC/JPY pair represents a 61.5% share.

The Ethereum price has risen 0.89% over the past 24 hours and is currently sitting at $523, with over $200 M worth of Ether exchanged in the past 24 hours on the ETH/USD pair which has a 24.1% market share of the daily trading volume.

See live charts here and here

South Korean Crypto Exchange Bithumb Hacked

Today, South Korean cryptocurrency exchange Bithumb has suspended deposits and withdrawals after losing around $31.5 million worth of cryptocurrencies as the result of an apparent hack that took place between late Tuesday night and early Wednesday morning. The company stated:

"We checked that some of cryptocurrencies valued about $30,000,000 was stolen. Those stolen cryptocurrencies will be covered from Bithumb and all of assets are being transferring to cold wallet."

Read more here

Siacoin Mining Malware Generates Nearly $1 Million in China-based Attack

According to a local Chinese media, a group of cybercriminals in China had conspired with computer maintenance companies in the country, to infect computers belonging to internet cafes with malware used to mine Siacoin. Reportedly, the scheme has generated approximately $800,000 worth of Siacoin. At the moment, investigations on the matter are still ongoing and more than 100 computer maintenance companies are suspected of being involved in the scheme.

Read more here

Tron (TRX) Pumps Nearly 18% After Acquiring BitTorrent for $140 Million

According to TechCrunch, BitTorrent is being sold for a $140 million in cash to Justin Sun, founder of the cryptocurrency startup Tron. However, both parties haven't publicly announced the acquisition and the use of the company's platform is still unknown.

Read more here

ICST, the Individual Content & Skill Sharing Token, Will Launch Public Sale on June 21st

With community empowerment at the heart of its business model, ICST is opening the doors to its public sale from 21-27 June. To date, the company has raised over 25,000 ETH from private investors including ChainPE & ChainVC, and secured partnerships with industry giants including Uplive, The Voice & American Idol. Tokens will be usable from as early as Q3 2018, with video sharing app StarMaker kicking off the platform integration with 60 million users at launch.

Launching ICST is parent company Kunlun technologies, which boasts a billion-dollar portfolio of internet businesses & apps including Grindr, Opera Angry Birds.

Built on the Ethereum Blockchain, ICST offers entertainers, gamers and skill sharers an unprecedented degree of transparency, ownership, and security over their content. For years, middlemen in the entertainment industry have robbed content creators of both the revenue and sales data that helps them determine the popularity of their material. ICST gives power back to the people – both creators and customers – with its rewards-based platform for content & skill sharing.

The ad-free, fee-free and direct to customer protocol can be integrated by any compatible app or website.

For more details on the public sale and white paper head to www.icst.io.

Horyou "Blockchain with a Purpose": A Token for Inclusion and Sustainability

Promoting a traceable decentralized philanthropy, Horyou, the social network for social good, is introducing its HoryouToken, built on the concept of “Blockchain with a purpose”.

Horyou strongly believes in the power of technological advancements to support decentralization of philanthropy and to promote social good.

Launched in December 2013, Horyou social network currently gathers more than 250,000 users and 1,500 organizations from more than 180 countries.

HoryouToken provides access to a traceable and intelligent philanthropic redistribution service called Proof of Impact.

HoryouToken can be used:

  1. As a mode of transaction inside and outside the Horyou platform, as well as a Fintech payment solution intended to support philanthropy, through proof of impact
  2. To buy or sell products, as well as to subscribe to services and soft commodities that enhance social good within the future Horyou marketplace

What Horyou platform is trying to do, is to get (those) people talk to each other and to connect them to funders, I can think of nothing better” (Eric Schmidt, former Executive Chairman of Google)

Horyou team is driven by one purpose: to make the world a better place.
Be the Change, Be Horyou! Join us: https://tge.horyoutoken.io

Recently Added:

OSA added to Upcoming ICO list

Press Release

State of the Crypto

Bitcoin is down 1.17% at $6,630.530 with a volume of Ƀ60.5k - $406.4M on the USD pairs.

Ether is up 2.31% against Bitcoin at Ƀ0.07917 per Ether and up 0.89% against the dollar to $523.99 with average volume Ƀ45.7k on the ETH/BTC pair.

Bitcoin Cash is up 0.69% to Ƀ0.1322 with volumes of Ƀ18.9k and down 0.52% against the dollar at $874.84.

Ripple is up 0.29% to Ƀ0.00008031 with volumes of Ƀ9.0k and down 0.95% against the dollar at $0.5315.

Zcash is down 0.86% for the day to Ƀ0.02896 per ZEC and down 1.88% against the dollar to $192 with an average volume of Ƀ3.9k for the 24 hour period.

Litecoin is down 1.34% against the dollar for the day at $96.49 and down 0.07% to Ƀ0.01457 on volumes of Ƀ15.5k.

Dash is down 2.23% at Ƀ0.03852 with Ƀ11.5k volume and down 3.49% against the dollar at $254.91.

Iota is down 1.49% to Ƀ0.0001717 on Ƀ3.3k volume.

Ether Classic is up 0.22% to Ƀ0.002292 with volumes of Ƀ12.7k and down 1.11% against the dollar at $15.16.

Monero is down 3.33% against the dollar at $123.03 and down 2.57% against Bitcoin at Ƀ0.01855 on volumes of Ƀ3.3k.

Neo is down 1.15% for the day to Ƀ0.005778 per NEO and down 1.99% against the dollar to $38.34 with an average volume of Ƀ3.6k for the 24 hour period.

Waves is down 3.39% to Ƀ0.0005182 on Ƀ2.8k volume.

Stratis is down 4.06% to Ƀ0.0004535 on Ƀ587.563 volume.

Cardano is down 0.7% to Ƀ0.00002402 on Ƀ3.5k volume.

NEM is down 0.07% to Ƀ0.00002927 on Ƀ819.661 volume.

EOS is down 0.38% to Ƀ0.00156 on Ƀ20.8k volume.

Tron is up 6.88% to Ƀ0.00000715 on Ƀ18.6k volume.

Stellar is down 0.78% to Ƀ0.00003428 on Ƀ2.7k volume.

Market risers
1 DGPT +141.78%
2 HTML +33.33%
3 PCCM +25.38%
4 HLD +24.22%
5 WAB +12.50%
Market losers
1 SUR -33.33%
2 STX -32.02%
3 TOA -31.48%
4 FIL12 -30.29%
5 ETK -27.69%
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