Market Analysis Report

MVIS-CryptoCompare Index

The MVIS CryptoCompare Digital Assets 10 Index has closed at 4,507.84 with a loss of 3.06% for the day.

See the live index here

Market Update

At the time of writing, the Bitcoin price is sitting at $6,094 representing a loss of 2.4% in the last 24 hours. More than $400 M worth of BTC were exchanged in the BTC/USD market representing a 15.3% share of the global daily volume. The BTC/JPY pair represents a 62.5% share.

The Ethereum price has dropped 5.51% over the past 24 hours and is currently sitting at $429, with over $200 M worth of Ether exchanged in the past 24 hours on the ETH/USD pair which has a 28.7% market share of the daily trading volume.

For a detailed market analysis click here

CryptoCompare Exchange Review - June 2018

The CryptoCompare Team is pleased to announce an exchange review made on the 22nd of June, 2018. The report will feature the top 15 exchanges ranked by 24H Volume in USD, exchange volume analysis, country analysis, pair offering analysis and many more could be found.

Read more here

A New Business Model Is Shaking Up the Crypto Exchange Rankings

Recently, a new revenue model named "trans-fee mining" has been introduced to Bit-Z and Coinbene cryptocurrency exchanges. The revenue model consists of cryptocurrency exchanges issuing their own tokens as a means to incentivize users to trade on the platform. According to the Bit-Z's whitepaper, for every transaction fee a user pays to the exchange, in the form of either Bitcoin or Ethereum, the platform will reimburse the user 100% of the value in its own token. Since the implementation of this model both exchanges have seen their trading volume shot to the top of the 24-hour trading volume rankings.

Read more here

Zcash Successfully Activates Overwinter, the First ZEC Hard Fork

Yesterday at 1:37 UTC, privacy-centric cryptocurrency Zcash activated its hard fork (Overwinter) that went live at block 347,500. As reported, the Overwinter introduces several performance enhancements to the Zcash protocol such as, transaction expiry, which allows the mempool to automatically cancel ZEC transactions that have not been added to a block within a predetermined period of 20 blocks, and also increase transaction efficiency and scalability, particularly for transactions made from privacy-enhancing “shielded addresses". Furthermore, new features that will prepare the network for future hard forks, including the highly-anticipated Sapling upgrade, were implemented as well.

Read more here

Facebook Relaxes Ban, Accepts Some Crypto Ads

Yesterday, Facebook announced in an official blog post that will allow some cryptocurrency companies to get their ads on the platform. According to Facebook, those companies have to disclose their relevant licenses to operate or be a publicly-listed company. However, advertisements for Initial Coin Offering or binary options will not be allowed. Facebook's Product Management Director, Rob Leathern, stated:

"Given these restrictions, not everyone who wants to advertise will be able to do so. But we'll listen to feedback, look at how well this policy works and continue to study this technology so that, if necessary, we can revise it over time."

Read more here

AnarchaPortugal – The Premier Event for Free Thinkers on Conscious Decentralization

AnarchaPortugal, cordially invites you to its premier event in Porto, July 19 & 20. With this backdrop of one of the most stunning cities in the world, we curate the most liberated minds in blockchain technology, cryptocurrency, governance philosophy, education, machine learning, consciousness, permaculture, biohacking and more, and blend in artists, developers, wellness experts, and designers to chart the course of the economic and thought re-evolution underway.

Keynote speakers include Walter Block, Cambridge Analytica Whistleblower, Brittany Kaiser; Ethereum Co-founder Taylor Gerring; President of Europe’s newest country, Liberland - Vít Jedlička and many others. Engage with more than 500 participants, 30+ speakers, interactive workshops, live painting and art performances & installations, health & wellness activities, exclusive networking events and decentralized dance parties.

Tickets are selling very fast - secure your Early Adopter Tickets here (only available for the next 24 hours) or apply as a sponsor to info@anarchaportugal.com by July 1.

Ledger - Keep your friends close and your coins closer!

The cryptocurrency world can be as dangerous as it is exciting. In the midst of all the hacks, phishing scams and other types of schemes, it can be hard to find a secure place to store your hard-earned cryptocurrencies. If you’re looking to get the best security the market has to offer, why not try the Ledger Nano S?

The Ledger Nano S is the most popular hardware wallet out there. It is a Bitcoin, Ethereum and Altcoins hardware wallet based on robust safety features for storing and sending cryptocurrencies. It connects to any computer (USB) and embeds a secure OLED display to double-check and confirm each transaction with a single tap on its side buttons.

The Ledger Nano S is the most secure way to store your coins. It ensures that your private keys can never be reached by hackers while also allowing you restore all your assets in case of theft or loss.

Buy The Ledger Nano S