Market Analysis Report

MVIS-CryptoCompare Index

The MVIS CryptoCompare Digital Assets 10 Index has closed at 7,873.54 with a loss of 4.53% for the day.

See the live index here

Market Update

At the time of writing, the Bitcoin price is sitting at $9,339 representing a loss of 0.33% in the last 24 hours. More than $550 M worth of BTC were exchanged in the BTC/USD market representing a 23.9% share of the global daily volume. The BTC/JPY pair represents a 41.3% share.

The Ethereum price has dropped 0.18% over the past 24 hours and is currently sitting at $753, with over $700 M worth of Ether exchanged in the past 24 hours on the ETH/USD pair which has a 36.05% market share of the daily trading volume.

See live charts here and here

Cryptocurrency Exchanges in Japan Must Comply With Five New Criteria

According to Nikkei, a news outlet, Japanese cryptocurrencies exchanges will have to comply with five new registration rules set by the Japanese Financial Services Agency (FSA). This initiative has come due to the agency goal to promote compliance and protect customer assets as well as avoid another digital currency heist like happened with Coincheck. The most notable measures concerns system management, money laundering preventative measures and management of customer assets.

Read more here

Coincheck Resumes Monero Withdrawals and Sales

Japanese exchange Coincheck has announced it is partially resuming operations with Monero, withdraws and sales will be available for its clients. According to a notice published on its website on Monday, the operations resume has come alongside with new procedures to ensure security for the traders. These procedures take into consideration technical safety, the risks of money laundering and terrorist financing.

Read more here

BMW Test Drives Blockchain for Car Mileage Tracking

BMW is piloting a blockchain platform to track mileage in leased vehicles through its startup innovation program. The company has partnered with DOVU, a blockchain-based project to develop a system with Alphabet, the BMW fleet manager. The idea is that the system helps BMW understand how much activity its vehicles are seeing and the impact on them. Alex Morris, DOVU Head of Product explained:

"What we're doing is we're essentially trying to build out this circular economy on the DOVU platform. [Drivers] can earn tokens, but down the line they'll also be able to spend tokens on services - for example, they might be able to get replacement tires or something like that using the Dovu ecosystem."

Read more here

Blockchain INDO is the largest conference in Jakarta!

On 11-12 May Hotel Kempinski Jakarta will host the event dedicated to blockchain, cryptocurrencies and ICO.

Jakarta is one of the top 10 crypto-capitals of the world in 2017, according to IDACB. This means that the city has created conditions for trading, crypto-exchanges, mining and ICO. The event is attended by the full gamut of the cryptocurrency community starting from authority experts in bloсkchain, heads of ICOs, blockchain specialists, to investors and miners.

1000 participants, experts and guests from 20 countries, 40 well-known speakers from Asia, Europe, Russia and the United States, 2 conference halls, crypto-exhibition with 30 booths,  presentations of the most promising and interesting ICO projects, active networking, new contacts and useful acquaintances - all this awaits the participants of the event.

After the main part business ticket participants, speakers and investors will go to the cryptoparty in a trendy club of Jakarta.

Tickets can be purchased on the official website: https://cryptoeventindo.com/

Attention! You can buy tickets with a 30% discount promo code: PROMO-INFOPARTNER-30

MoneyRebel – the hottest ICO that helps solve 5 different crypto problems!

The hottest ICO in the financial industry starts today at 13:00 UTC! Do not miss out on this wonderful chance to participate in the MoneyRebel ICO.

The ICO will last only one week, and by supporting MoneyRebel you will be making crypto world more accessible to everyone; especially to the newcomers that are still sitting on the sidelines and thinking of blockchain and crypto industry as too complicated. The stronger the community, the stronger the crypto!  

And what 5 problems will MoneyRebel solve? With MR Crypto, it will make the exchange fiat for crypto easier than ever before. With its marketplace of crypto-skilled professionals, it will help newcomers navigate through the complicated crypto landscape. It will also provide access to other financial advisors including wealth managers, bankers, financial planners, insurance specialists, coaches, tax specialists – all available on the platform!

MR Portfolio will provide investors a fully automated 360° financial overviews of not only cryptocurrencies but also stocks, funds, gold and much more. Furthermore, MR Banking will offer free basic banking features and a free MR Smart Debit card that enables settlements in both crypto and fiat.

In addition to that, MR Robo Advisor and MR Virtual Assistant, powered by AI, will take your personal finance to a whole new level. Then there is also the concept of MR ICO Pooling, which will allow many small investors to take advantage of whale-reserved discounts and time slots by simply pooling their assets together.

Be part of the hottest ICO and help bring a revolution to the financial industry! Support MoneyRebel’s ICO!