Market Analysis Report

MVIS-CryptoCompare Index

The MVIS CryptoCompare Digital Assets 10 Index closed at 2,757.28 yesterday at 5 pm (GMT) and has since risen 0.77%.

See the live index here

Market Update

At the time of writing, the Bitcoin price is sitting at $5,682 representing a gain of 4.41% in the last 24 hours. More than $240M worth of BTC were exchanged in the BTC/USD market representing a 9.8% share of the global daily volume. The pair with most volume was the BTC/USDT with a 78.3% share.

The Ethereum price has risen 0.78% over the past 24 hours and is currently sitting at $163.8, with over $45M 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. The largest ETH trading pair was the ETH/USDT with a 49.75% share.

See live charts here and here

Qtum Launches Its New Developer Suite on Google Cloud

Yesterday, Singapore-based Qtum Chain Foundation ("Qtum") "unveiled a full suite of blockchain developer tools in partnership with Google Cloud. Qtum's blog post says that these "free-to-use tools are designed to give developers and non-technical users alike, a simple and cost-effective way of launching nodes and building on the Qtum blockchain." Miguel Palencia, Qtum's Chief Information Officer, stated:

"Google Cloud is the perfect partner to help us make the blockchain ecosystem simpler and more intuitive. Where launching a node was once an intensive and complex process, Qtum’s new developer suite introduces helpful shortcuts and tools to make it faster and easier. With a more accessible technology, we hope to open up and expand the Qtum community to include people with a broader range of experience — from experts to the everyday user.”

Read more here

Microsoft Makes Quorum the Preferred Blockchain for Azure Cloud

Microsoft will promote JPMorgan Chase’s Quorum blockchain to the global tech giant’s business customers, the companies announced yesterday. As a result, Quorum “will become the first distributed ledger platform available through Azure Blockchain Service, enabling J.P. Morgan and Microsoft customers to build and scale blockchain networks in the cloud,” the companies said in a press release. A spokesperson for New York-based JPM said via email:

“Microsoft will drive preference to the Quorum stack for Blockchain applications built on Azure.”

Read more here

Code For Ethereum’s PoS Blockchain to Be Finalized Next Month

Code for Ethereum’s highly-anticipated Proof-Of-Stake (PoS) blockchain is on course to be finalized next month. In a bi-weekly call between Ethereum developers, Ethereum Foundation researcher Justin Drake said that code specifications for the first phase of Ethereum’s transition to a proof-of-stake network were “on track” to be finalized by June 30. Such specifications are effectively blueprints for developers looking to work on Ethereum’s next-generation blockchain. Drake remarked on the call:

“I’ve been continuing to fine comb Phase Zero in preparation for the spec freeze which we’re targeting for the 30th of June. We’re still very much on track. Still, [code] simplifications are coming through which is great and the process of fine combing is also for finding final bugs.”

Read more here

FINAL Call to Enter Cudo Miner’s $1,000 Crypto Spring Competition!

Try Cudo Miner’s latest mining software and win a brand-new NVIDIA or AMD graphics card!

Cudo Miner is offering one lucky winner a prize of an NVIDIA GeForce RTX 2080 or an AMD Radeon VII worth $1,000. All you have to do is download Cudo Miner’s GUI software and mine or earn referral bonuses for the equivalent of 100,000 satoshis (0.001 bitcoin or around $5) to automatically be entered into the draw.

Cudo Miner is the world’s most profitable GUI miner – here are three reasons you should try it:

1. Automatic Coin Switching for Maximum Profitability – Cudo constantly scans the coin value and hashrate difficulty, automatically switching your mining efforts between cryptocurrencies to provide the highest profitability at any given time

1. Advanced settings like overclocking built in – tweak your GPUs to get the most profitable performance, plus get live hashrate data and detailed device statistics on the fly

1. Designed with professional rig miners in mind – install CudoOS and auto-enrol to an unlimited amount of devices quick and easily

Whether you’re new to cryptocurrency mining or are a seasoned pro, Cudo Miner is a highly profitable way to mine cryptocurrency. It offers professional features unmatched by other leading mining software.

Click here to start mining today for a chance to win!

Competition ends 10^th May, winners will be contacted on the 13^th May and will have the choice of an NVIDIA or AMD GPU card worth $1,000. You will automatically be entered into the competition when you have mined 100,000 satoshis or on reaching the mining threshold through referrals.