Market Analysis Report

MVIS-CryptoCompare Index

The MVIS CryptoCompare Digital Assets 10 Index has closed at 8,354.98 with a gain of 1.92% for the day.

See the live index here

Market Update

At the time of writing, the Bitcoin price is sitting at $10,911 representing a gain of 2.79% in the last 24 hours. More than $1 B worth of BTC were exchanged in the BTC/USD market representing a 23.4% share of the global daily volume. The BTC/JPY pair represents a 47.4% share.

The Ethereum price has dropped 0.5% over the past 24 hours and is currently sitting at $863, with over $160M worth of Ether exchanged in the past 24 hours on the ETH/USD pair which has a 20.5% market share of the daily trading volume. The ETH/BTC pair represents a 50.5% share.

See live charts here and here

CFA Charterholder Writes Crypto Investing Book

Financial author and Chartered Financial Analyst ® Designation holder, Jonathan Hobbs, has written an extensive crypto investing guide to help bring cryptos to the mainstream. The Crypto Portfolio – A Commonsense Approach to Cryptocurrencies is now globally available on Amazon in paperback format.

Jonathan Hobbs, CFA said:

“Cryptos are a really exciting investment opportunity, but they are also very risky. I wrote this book to help investors manage some of those risks.”

The book is just under 250 pages in length and is split into three parts. In part one, Hobbs dissects the technology behind various different cryptos. In part two, he explores and backtests ‘the Crypto Portfolio’ investment strategy – a simplified approach to managing the extreme risks of crypto investing. Part three looks at more advanced crypto trading and investing strategies including technical analysis, fundamental coin analysis and ICOs.

The paperback version of the book is now available on Amazon. The Kindle version is excepted to launch in early April.

Read more here

Goldman Sachs Official: Cryptocurrencies in ‘Current Format’ Are in a Bubble

Sharmin Mossavar-Rahmani, CIO of the Private Wealth Management Group at Goldman Sachs, is responsible for guiding millions of dollars of fiat investments. According to the transcript of an interview, cryptocurrencies have been a hot topic for the firm with investors highly keen to learn more about them and the blockchain technology they utilize. Whilst the company recognizes the potential of blockchain technology, the firm is not surprisingly bearish regarding the fully decentralized currencies that currently exist. Sharmin said:

“Our view is that while we like the concept of blockchain, and think it will evolve into a useful tool for companies, for the financial industry, we think cryptocurrencies in their current format, meaning that in the current incarnation, are in a bubble.”

Read more here

South Korean Bank Trials Ripple for Overseas Remittance

South Korea's Woori Bank has reportedly completed a cross-border remittance test using the distributed ledger technology (DLT) developed by San Fransisco-based startup Ripple.

According to local business media source ChosunBiz, the completion of the trial arrives as the bank's Digital Strategy Department reveals plans to commercialize the Ripple-based platform this year. It also marks a second phase of the trial, following an earlier test at the end of January.

ChosunBiz indicates that other non-Japanese institutions involved include South Korea's Woori and Shinhan banks, as well as Thailand's Siam Commercial Bank.

Read more here

WELL Launches Personal Dashboard for its Crowdsale Supporters

WELL has launched its personal dashboard in advance of the new crowdsale dates. The dashboard serves to improve the token sale process, insure safety and compliance.

The Whitelist pre-sale was originally scheduled to end on February 24th, with the public sale running February 25th - May 15th. WELL has extended the Whitelist period and the bonuses to accommodate overwhelming demand from supporters and add more functionality to WELL platform. Now the Public Sale will run April 16th - May 15th.

The new bonus schedule allows more time to receive the maximum 40% bonus. It will be available until March 15th, with a 30% bonus given March 16th - April 15th. You can visit the WELL website to learn more about the bonus system.

WELL founders emphasized, “Contributors who participated in our pre-sale, receiving a 30% bonus, will get additional 10%.”  

About WELL:

WELL is creating a global blockchain platform for high-quality healthcare to eliminate country borders and connect doctors and patients worldwide. The WELL token enables an on-demand system solving the problems of cross-border payments, data accessibility, payment risk. If you are interested in WELL pre-sale, contact us at crowdsale@joinwell.io or on Telegram.

The First C³ Crypto Conference in Berlin: Buy your tickets now!

The most extensive conference for cryptocurrencies and blockchain in the heart of Europe, offering keynotes, workshops and exhibitions embracing the ecosystem of decentralization will be held on April 5th and 6th, 2018. The C³ Crypto Conference in Berlin already boasts a dynamic lineup of crypto superstars, from Miko Matsumura to Hartej Sawhney, the world’s leading smart contract security auditor, with more speakers, exhibitors and workshops being added daily.

“Berlin is inviting the world to a hands-on experience engaging with the world’s top blockchain experts aiming to link the ecosystem,” said Dennis Weidner, managing director of the C³ Crypto Conference.

This exhibition is open to all blockchain enthusiasts, from beginners to investors to the most hardcore bitcoin maximalists.

“Everyone will enjoy it, from small-time traders to mainstream investors and CEOs,” said Weidner. The C³ Crypto Conference will provide a unique platform to introduce yourself, your company, or your token to some of the biggest names in crypto. Attendees will have the opportunity to apply for highly coveted jobs, and even pitch their ICOs to a panel of prominent investors. The C³ Conference will also provide ticket-holders with outstanding opportunities to learn from and network with the industry’s top thinkers, with companies like SAP, Wallstreet Online and Savedroid all in attendance.

For tickets and more information, visit https://www.crypto-conference.com