Market Analysis Report

17 June 2019

MVIS-CryptoCompare Index The MVIS CryptoCompare Digital Assets 10 Index has closed at 5,537.23 with a gain of 3.58% for the day. See the live index here Market Update In September of 2014, in an interview with Fox Business, Tim Draper claimed Bitcoin would hit $10,000 USD in three years. To put that in perspective, Bitcoin was worth $413 USD at the time of the interview. Well, today, Bitcoin is almost reaching the $10,000 level — making that wild prediction look like a reality. The leading cryptocurrency has seen a huge increase in its value since the start of the year and has more than doubled in value since the beginning of October, lifted by the prospect of crossing over into the financial mainstream – with the CME Group and CBOE announcing the launch of Bitcoin futures. At the time of writing, the Bitcoin price is sitting at $9,827, representing a gain of 1% in the last 24 hours. The total market capitalization of Bitcoin is over $164.39 Billion, following the establishment of a new all-time high of roughly $9,876 earlier today. More than $900M worth of BTC were exchanged in the BTC/USD market, representing a 21.5% share of daily volume, second to the JPY at 60%. See live chart here

Bittrex Issues a Warning About Cryptocurrency Pump and Dumps Bittrex has emphasized its determination to combat the practices of pump and dump, which persists on several exchanges. In an update to its terms of service, Bittrex reiterated that it takes a dim view of pump and dump schemes, and will suspend accounts found to have been participating in such activity. In a recent update to its trading policy, Bittrex announced that stale orders of more than 28 days would be removed and the minimum trading order size would be increased. It concluded with a general statement about market manipulation tactics, writing: "Bittrex actively discourages any type of market manipulation, including pump groups. Consistent with our terms of service, we will suspend and close any accounts engaging in this type of activity and notify the appropriate authorities." Read more here Coinbase Becomes #1 Trending Apple App In the latest sign that Bitcoin is becoming a mainstream financial asset, the iOS app for Bitcoin exchange Coinbase is now the top trending search in the App Store. This phenomenon was discovered by a Reddit user, who posted a screenshot on the popular social media platform. Searches for Coinbase outpaced those for both reading app Hooked and home automation platform Wemo. Read more here Samsung SDS Inks Deal with Seoul Government for Blockchain Platform Samsung SDS, an IT subsidiary of the South Korean electronics giant, has revealed it is establishing a blockchain-based platform for the public sector. According to Korea Herald report, Samsung SDS has signed a deal with the Seoul Metropolitan Government to help develop its information strategy plan using blockchain to support administration across welfare, public safety and transportation affairs in the capital by 2022. Hong Won-Pyo, CEO of Samsung SDS, said: "Samsung SDS' blockchain technology and consulting capabilities will contribute to Seoul's leap as a top-rate global city." Read more here Former SEC Commissioner: ICOs “Open and Notorious Violation” of Law A former commissioner of the Securities and Exchange Commission (SEC) told the New York Times in a recent interview that ICOs are a notorious violation of the law. The former commissioner stated: “ICOs represent the most pervasive, open and notorious violation of federal securities laws since the Code of Hammurabi." Read more here

Recently Added: TAU added to Ongoing ICO list Caviar Team with 5-Year Track Record Pioneers Dual-Purpose Token for Crypto and Real Estate, Pre-Sale Begins November 28 Global Advisors Join Established Caviar Team of Tech, Finance & Real-Estate Veterans with 5-Yr Track Record of Successful Multi-Million-Dollar Real Estate Debt Fund to Offer Solution-Based Approach in Diversifying Cryptocurrency Investments Today Caviar announces that the pre-sale of its ICO begins for its pioneering approach to build a dual-purpose token and crowdfunding platform built on the Ethereum blockchain. Caviar’s token offers access to stable real estate and cryptocurrencies, with built-in downside protection and automatic diversification. The team behind Caviar has successfully managed a multi-million-dollar real estate debt fund since 2013 and brings years of experience and research to this project. Caviar is powered by Intelligent Predictive Model (IPM), an artificial intelligence algorithm, allowing for stronger predictive power and more effective asset allocation. In addition, Caviar Platform will allow real estate developers to raise funds for their upcoming projects, and for Caviar token holders to earn additional rewards by staking their tokens. Caviar launched its pre-sale today with the goal of raising $25 million. To sign up for alerts click here BitClave: The Last Chance to be Whitelisted! The blockchain start-up BitClave, which is aiming at developing a decentralized search engine, hit a new high by raising over $22 million in its token pre-sale. Following the success of the pre-sale, BitClave announced November 29th, 2017 as the official date for its Consumer Activity Token (CAT) crowdsale. The hard cap BitClave is expecting to reach during the crowdsale is $25.5 million. Headed by the former CSO of LG Electronics, Alex Bessonov, BitClave is a platform that employs the blockchain to create a decentralised search engine that aims at eliminating the third-party advertising networks and establishing a direct relation between people and what they search on the web. The blockchain-powered data offers security of the data that users put in and also compensates them for every private search they make for services from their favourite brands and companies. Due to the hype around upcoming BitClave ICO, the whitelist is closed at the moment. However, there is a unique opportunity to register now by clicking here. Press Release