Market Analysis Report

20 March 2019

MVIS-CryptoCompare Index

The MVIS CryptoCompare Digital Assets 10 Index closed at 2,229.00 yesterday at 5 pm (GMT) and has since dropped 0.99%.

See the live index here

Market Update

At the time of writing, the Bitcoin price is sitting at $4,014 representing a gain of 0.74% in the last 24 hours. More than $130M worth of BTC were exchanged in the BTC/USD market representing an 8.7% share of the global daily volume. The BTC/KRW pair represents a 1.7% share.

The Ethereum price has increased 0.15% over the past 24 hours and is currently sitting at $138, with over $30M worth of Ether exchanged in the past 24 hours on the ETH/USD pair which has a 2.7% market share of the daily trading volume.

See live charts here and here

CryptoCompare Publishes Exchange Review for February 2019

The February Monthly Exchange Review provides the latest exchange rankings, an evaluation of spot vs futures volumes including both crypto exchanges (BitMEX and BitflyerFX) and traditional exchanges (CBOE and CME); and evaluation of volumes for the top trans-fee mining and decentralised exchanges.

New charts include an overview of derivatives exchanges with volume data from OKEx, CryptoFacilities and Deribit. In addition, a short trade data analysis for the end of February covers a selection of exchanges that trade either BTC to USD or USDT.

See highlights & full report »

Fortune 500 Tech Firm Avnet Now Accepts Crypto Payments

Avnet, one of the world’s largest distributors of electronic components and services, is now accepting cryptocurrency payments through a partnership with blockchain payments processor BitPay. Announced yesterday, the Fortune 500 firm said its customers can now pay in Bitcoin (BTC) and Bitcoin Cash (BCH) for products and services, with BitPay then verifying and processing those payments. Avnet vice president of demand creation, Sunny Trinh, stated:

“We’re working with BitPay to facilitate secure blockchain payments for all types of customers so they can focus on developing their products, not how to pay for them."

Read more here

Cryptopia Enables Trading in 40 Different Currency Pairs

New Zealand-based cryptocurrency exchange Cryptopia has reportedly resumed trading on its exchange, and it is now allowing 40 different trading pairs, after it recently experienced several different security breaches. The company stated:

"We have resumed trading on 40 trade pairs that we have quantified as secure. We will continue to expand this list as we clear more coins."

Read more here

State of the Crypto

Bitcoin is up 0.74% at $4,014.440 with a volume of Ƀ32.5k - $130.2M on the USD pairs.

Ether is down 0.52% against Bitcoin at Ƀ0.03437 per Ether and up 0.15% against the dollar to $138.39 with average volume Ƀ104.0k on the ETH/BTC pair.

Litecoin is up 0.2% against the dollar for the day at $59.6 and down 0.54% to Ƀ0.0147 on volumes of Ƀ66.8k.

EOS is down 0.6% to Ƀ0.0009225 on Ƀ34.6k volume.

Ripple is down 0.65% to Ƀ0.00007808 with volumes of Ƀ25.8k and up 0.1% against the dollar at $0.3144.

Bitcoin Cash is down 1.41% to Ƀ0.03907 with volumes of Ƀ19.3k and down 0.74% against the dollar at $157.64.

Zcash is up 7.69% for the day to Ƀ0.01484 per ZEC and up 8.36% against the dollar to $60.26 with an average volume of Ƀ10.7k for the 24 hour period.

Dash is up 1.18% at Ƀ0.02315 with Ƀ10.1k volume and up 1.81% against the dollar at $94.39.

Ether Classic is up 3.74% to Ƀ0.001138 with volumes of Ƀ9.4k and up 4.31% against the dollar at $4.6.

Stellar is down 2.48% to Ƀ0.00002792 on Ƀ9.1k volume.

Neo is up 0.18% for the day to Ƀ0.002262 per NEO and up 1.2% against the dollar to $9.27 with an average volume of Ƀ8.2k for the 24 hour period.

Tron is down 0.18% to Ƀ0.00000565 on Ƀ6.1k volume.

Monero is up 3.3% against the dollar at $54.41 and up 4.19% against Bitcoin at Ƀ0.01369 on volumes of Ƀ4.4k.

Cardano is up 4.1% to Ƀ0.00001295 on Ƀ3.6k volume.

Waves is down 0.2% to Ƀ0.0006852 on Ƀ1.5k volume.

Iota is down 0.91% to Ƀ0.00007365 on Ƀ584.527 volume.

NEM is down 0.41% to Ƀ0.00001227 on Ƀ472.768 volume.

Stratis is down 0.13% to Ƀ0.0002314 on Ƀ370.796 volume.

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