Market Analysis Report

MVIS-CryptoCompare Index

The MVIS CryptoCompare Digital Assets 10 Index closed at 2,689.33 yesterday at 5 pm (GMT) and has since increased 1.76%.

See the live index here

Market Update

At the time of writing, the Bitcoin price is sitting at $5,288 representing a gain of 0.14% in the last 24 hours. More than $130M worth of BTC were exchanged in the BTC/USD market representing a 7% share of the global daily volume. The BTC/USDT pair represents an 82% share.

The Ethereum price has dropped 0.35% over the past 24 hours and is currently sitting at $158, with over $32M worth of Ether exchanged in the past 24 hours on the ETH/USD pair which has a 3% market share of the daily trading volume.

See live charts here and here

IOTA Inks Game-Changing Crypto-Powered Deal with Jaguar Land Rover

Jaguar Land Rover, the UK's largest car manufacturer and a whole-owned subsidiary of India's Tata Motors, is testing software that will allow drivers of its cars to earn the IOTA cryptocurrency as a reward for sharing data, according to Reuters. Apparently, Jaguar Land Rover (JLR) is working with the IOTA Foundation to develop "smart wallet" technology. This technology would reward drivers of its cars with IOTA coins for actions such as enabling their vehicles to automatically report useful data, such as traffic congestion or potholes to navigation providers or local authorities. On top of that, drivers could also earn rewards if the car participates in a ride-sharing program.

The tokens earned by the drivers could be used to pay for tolls, parking and charging for electric cars. Dominik Schiener, IOTA co-founder said:

"The smart wallet technology...can be easily adapted into all new vehicles. IOTA wants to enable interoperability with all these different players. So there is no Jaguar coin, no BMW coin, but one universal token for this machine economy."

Read more here

Ontology to Launch Regulated USD-Backed Stablecoin PAX on its Blockchain

Stablecoin issuer Paxos has partnered with Ontology to issue up to 100 million of its PAX tokens, pegged 1:1 to the U.S. dollar, on the Ontology blockchain. Announced on Friday, the launch is scheduled for May and the new token (PAXO) will be based on Ontology’s OEP-4 token standard, which will enable atomic swaps between the Ontology-based main blockchain and other blockchains. This feature reportedly aims to make it easier for institutions and individuals using Ontology’s ONT token to transact in fiat-pegged tokens. Andy Ji, Ontology co-founder explained:

"The launch of PAX on the Ontology blockchain will greatly accelerate real business applications on Ontology, create more success stories of traditional businesses shifting to distributed businesses, and provide enterprise partners and institutional investors with a regulated, reliable, and safe gateway to the world of digital assets.”

Read more here

John McAfee Teases Launch of Bitcoin Debit Card That Can Be Used ‘Anywhere’

Cybersecurity pioneer, John McAfee, has recently teased on social media he’s set to launch a new crypto debit card that can be used “anywhere.” According to his tweets, the Visa-branded bitcoin card features his face over an American flag background with broken chains within the stripes in the front, and a QR code usable for BTC deposits in the back.

The card’s lower left corner says “Freedom Lover,” and on the bottom, it features McAfee’s “Get your soul back” slogan.

Read more here

Satoshi Miners - Mining Made Easy and Affordable

Based in the Netherlands, Satoshi Miners is a reliable cryptocurrency mining equipment seller, having the most competitive prices on the market.

They offer free worldwide shipping and no customs duties within the EU.

Ensuring customer satisfaction has became their mission, offering 24/7 customer support.

Customers can choose from a wide range of cryptocurrency equipment, ranging from SHA256 miners, Siacoin miners, Equihash miners, Tensority miners etc.

The main brands being sold by the company are:Bitmain, Obelisk, Innosilicon, Ebang, Fusionsilicon, Baikal, Spondoolies and more.

They currently offer up to 30% discounts on some of the products they have available on their website, like the Obelisk SC1 Immersion, the Fusionsilicon X7+, the ASIC Miner Zeon 180k and the newely released Grin miner, the Obelisk GRN1 Immersion. All products sold by this company come with fully insured warranty.

A successful cyrptocurrency related business has to be fast, smart and efficient, and Satoshi Miners is very well aware of that. Waiting for weeks or even months for the equipment to be shipped like in the old days becomes just a bad memory when buying from Satoshi Miners, as they will ship customer's order within 48 hours of receivinig it.

Whether you're a blockchain enthusiast, looking to start mining cryptocurrency as a hobby or you have your own farm, looking to expand, Satoshi Miners is definetly one of the companies you should get in touch with. Larger orders get discounted whether you're a new or a returning customer.

Read more here