Market Analysis Report

11 May 2018

MVIS-CryptoCompare Index

The MVIS CryptoCompare Digital Assets 10 Index has closed at 7,941.70 with a gain of 0.61% for the day.

See the live index here

Market Update

At the time of writing, the Bitcoin price is sitting at $8,808 representing a loss of 5.85% in the last 24 hours. More than $900 M worth of BTC were exchanged in the BTC/USD market representing a 27.3% share of the global daily volume. The BTC/JPY pair represents a 41.7% share.

The Ethereum price has dropped 6.97% over the past 24 hours and is currently sitting at $708, with over $350 M worth of Ether exchanged in the past 24 hours on the ETH/USD pair which has a 29.3% market share of the daily trading volume.

For a detailed market analysis click here

Telegram is Testing ‘Passport’ Facility for ID Verification

According to Russian media reports, Telegram has been testing a new service that will store users’ information and documents for verification purposes. The service is named as Telegram Portfolio and will be used to keep personal details and copies of IDs, banking statements, and utility bills to identify users on Telegram’s blockchain platform TON and prevent anonymous cryptocurrency payments. 

Read more here

Huawei to Offer First Crypto Wallet App 

According to Bloomberg, Chinese telecommunications firm and smartphone maker Huawei is partnering with BTC.com to roll out a mobile cryptocurrency app. BTC.com, owned by the Bitmain company tracks cryptocurrency mining and block information while also providing a digital wallet service. The BTC.com CEO, Alejandro de la Torre said that its new wallet application will be released on the Huawei's app store, AppGallery.

Read more here

Hackers Temporarily Take Over Dash Core CEO’s Social Media Accounts

Yesterday, the Dash's network CEO Ryan Taylor saw hackers take over most of his social media accounts and use them to publish offensive content. According to a circulating email, the hackers also took over his SIM card. However, Taylor has already recovered his Twitter account and deleted the offensive content the hackers publish while in control. On a Twitter post, Taylor said:

"My Twitter account was obviously compromised today. The account is now back under my control and will verify that through the @dashpay account."

Read more here

Tutellus - The Platform that Pays you for Learning!

Tutellus.io is a global educational multilanguage platform one that pays users for learning. The 6 year's old company is the leading platform in the Spanish speaking world, holding over +1 million students and 130,000 video courses. We launched last yearTutellus.io, the decentralized and tokenized version of his platform, letting people earn money studying.

The classical educational industry is over. Studying is a painful process, it's expensive and it doesn't help people in the short term to get a better job. Tutellus is disrupting the industry introducing a tokenomics model that rewards users depending on how much they learn, creating new professionals and helping students to earn money through Education.

Tutellus was one of the first DApps to leave Ethereum in favour of NEM, a better-adapted blockchain for our tokenomics model. Now the company has started the preSales and ICO, with the vision to help people worldwide to live better, and anyone can participate in it. 

Be part of the project and let's improve the people's life through Education! Join now our pre-sale and get 20% bonus!

Win $300 of Ethereum – Every Day until Sunday May 13th

DALLAS, TX – Organizers of the second Bitcoin, Ethereum, and Blockchain Super Conference (which is being held in September at Dallas) are running a special promotion. Every attendee who buys their ticket before 9:59pm each day will be put into a complimentary raffle, where one lucky winner will receive $300 of Ethereum transferred to their wallet immediately. (Considering that, on a typical day, ticket sales range from four to ten, the odds of winning stand at between 10% and 25%.)

“I am stoked about Ethereum’s rally this past month”, said Mr. Jacobs. “Ethereum is up more than 700% year-on-year, and some insiders believe this number two crypto will blow right on past Bitcoin, straight into number one cryptocurrency status. As always, it pays to get in while the gettin’s good, so I’ve decide to run this special promotion. Every day, until Sunday, we’re giving away $300 of Ethereum at 10pm. Every person who bought a ticket will be put in a hat, and we’re going to draw ONE name. If you win, we’ll transfer $300 of Ethereum into your wallet right away.”

This second conference – which follows on from the Bitcoin, Ethereum, and Blockchain Super Conference that took place in February – is being held in Dallas on September 14th, 15th, and 16th.

The overarching theme of all their talks, and the entire conference, will be the next crypto and blockchain market cycle. All signals indicate that crypto is heading back into bull territory, and when the new market cycle begins, it’s going to make a new wave of blockchain investors seriously rich. This conference is about discovering how “smart money” is already getting in before the next rush.

Tickets to the Super Conference usually cost $897 but are available a special Summer price of $597:

https://www.thefuturetechexpo.com/register/

Press Release

State of the Crypto

Bitcoin is down 5.85% at $8,808.970 with a volume of Ƀ104.5k - $947.8M on the USD pairs.

Ether is down 1.47% against Bitcoin at Ƀ0.08038 per Ether and down 6.97% against the dollar to $708.54 with average volume Ƀ44.7k on the ETH/BTC pair.

Bitcoin Cash is down 7.52% to Ƀ0.1636 with volumes of Ƀ34.4k and down 12.59% against the dollar at $1445.19.

Ripple is down 6.84% to Ƀ0.00007958 with volumes of Ƀ12.2k and down 12.23% against the dollar at $0.7011.

Zcash is down 4.15% for the day to Ƀ0.02839 per ZEC and down 9.61% against the dollar to $250.38 with an average volume of Ƀ2.3k for the 24 hour period.

Litecoin is down 8.99% against the dollar for the day at $144.14 and down 3.31% to Ƀ0.01635 on volumes of Ƀ15.8k.

Dash is down 0.26% at Ƀ0.04901 with Ƀ5.4k volume and down 6.18% against the dollar at $430.54.

Iota is down 9.66% to Ƀ0.0002198 on Ƀ3.5k volume.

Ether Classic is down 10.59% to Ƀ0.002061 with volumes of Ƀ11.4k and down 17.27% against the dollar at $17.82.

Monero is down 8.58% against the dollar at $208.41 and down 3.52% against Bitcoin at Ƀ0.02355 on volumes of Ƀ2.7k.

Neo is down 8.26% for the day to Ƀ0.007473 per NEO and down 13.73% against the dollar to $65.65 with an average volume of Ƀ5.7k for the 24 hour period.

Waves is down 2.16% to Ƀ0.0006987 on Ƀ3.1k volume.

Stratis is down 7.56% to Ƀ0.0006898 on Ƀ1.6k volume.

Cardano is down 10.44% to Ƀ0.00003019 on Ƀ6.0k volume.

NEM is down 7.7% to Ƀ0.00003729 on Ƀ1.1k volume.

EOS is down 8.04% to Ƀ0.001773 on Ƀ31.3k volume.

Tron is down 8.17% to Ƀ0.00000787 on Ƀ19.2k volume.

Stellar is down 9.32% to Ƀ0.00003628 on Ƀ3.3k volume.

Market risers
1 HBZ +51.93%
2 HPC +40.00%
3 BTX +26.74%
4 EVR +26.57%
5 RUP +25.95%
Market losers
1 OTX -38.60%
2 GUESS -24.73%
3 TAU -17.65%
4 PST -17.24%
5 WSX -16.61%
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