Market Analysis Report

MVIS-CryptoCompare Index

The MVIS CryptoCompare Digital Assets 10 Index has closed at 7,746.74 with a loss of 1.61% for the day.

See the live index here

Market Update

At the time of writing, the Bitcoin price is sitting at $9,071 representing a loss of 2.84% in the last 24 hours. More than $750 M worth of BTC were exchanged in the BTC/USD market representing a 26.4% share of the global daily volume. The BTC/JPY pair represents a 42.6% share.

The Ethereum price has dropped 3.85% over the past 24 hours and is currently sitting at $724, with over $350 M worth of Ether exchanged in the past 24 hours on the ETH/USD pair which has a 29.55% market share of the daily trading volume.

For a detailed market analysis click here

The First Version of Ethereum's Casper Upgrade Has Been Published

Yesterday, a new version of the code behind Casper, a planned change to the way the Ethereum network reaches consensus, has been published for wider scrutiny by auditors and client developers. For now, the first version of Casper has to be audited and once implemented it will alter Ethereum's software so that updating the blockchain involves a combination of proof-of-work and proof-of-stake. Since Casper FFG isn't compatible with earlier versions of Ethereum, the network will need to hard fork, however, there isn't an official date yet. David Ryan, the developer behind Casper FFG said:

"As these pieces of the puzzle are getting closer to being completed, I'll signal that it's time to start talking about fork block numbers."

Read more here

Winklevoss Brothers Win Crypto Exchange Patent

According to the U.S Patent and Trademark Office, the company owned by Cameron and Tyler Winklevoss, Winklevoss IP has been awarded a patent claim concerning the exchange traded products (ETPs). The company outlined a system that can execute transactions for ETPs holding cryptocurrencies, such as Bitcoin, Ethereum, DogeCoin or Ripple just to name a few.

Read more here

Zcash Foundation to Make ASIC Resistance 

The Zcash Foundation has announced that it will make maintaining ASIC resistance an “immediate technical priority” in response to the Bitmain’s new ASIC release compatible with the Equihash mining algorithm, the Antminer Z9 mini. On an official website post, the Zcash's Executive Director Josh Cincinnati, said that it will immediately begin devoting resources to investigating the presence and power of ASICs on the Zcash network.

“Even if we manage to neuter a wave of Equihash ASICs, this will not be the end of the discussion. Inevitably, some new ASIC will arise, and we may have to go through this process again.”

Read more here

SPINDLE TO MAKE CRYPTO HEDGE FUNDS MORE TRANSPARENT

The Japanese investment company BLACKSTAR GROUP designed the SPINDLE ecosystem, where private investors and investees could meet and interact on a fair and equal base.

Making investment an actual option for everyone, regardless of their nationality, gender, age, wealth etc. - for this goal, the SPINDLE team is developing the blockchain-based investment/ asset management platform ZETA. It will be the place where users are able to freely select and combine their preferred investment targets, converse with fund managers, and make confident investment decisions based on their own, personal judgements.

The platform has its native digital coin named SPINDLE (SPD), and it will be used as a utility token within ZETA’s ecosystem. SPINDLE token holders will not pay any fees or commissions when using SPINDLE's service platform ZETA. Likewise, cryptocurrency funds will be able to join and use the platform free of charge.

SPINDLE will provide transparent access to cryptocurrency fund investment for users in all locations in the world, and increased exposure to cryptocurrency fund managers. SPINDLE’s applications for Windows, Mac, iOS, and Android, as well as the SPINDLE wallet were commenced development work in early 2018. Therefore, the project’s team plans to release the beta version of the platform ZETA shortly after ICO, which starts on May 9.

Read more here

Zhu Xudong Joins Education Ecosystem as Asia PR & Marketing Manager

Education Ecosystem welcomes the latest addition to the team — Zhu Xudong our new Asia PR & Marketing Manager. Zhu will be leading all marketing and public relations activities to create exposure for Education tokens and the Education Ecosystem project throughout Asia. Establishing a strong presence in Asia is a priority for the Education Ecosystem due to the many users already located there and Zhu will be a key contributor in this regard.

You can read more about the new appointment here.

Recently Added:

MNTS added to ICO Ongoing List