Market Analysis Report

MVIS-CryptoCompare Index

The MVIS CryptoCompare Digital Assets 10 Index has closed at 7,567.70 with a loss of 10.44% for the day.

See the live index here

Market Update

At the time of writing, the Bitcoin price is sitting at $7,832 representing a loss of 14% in the last 24 hours. More than $1.6B worth of BTC were exchanged in the BTC/USD market representing a 30% share of daily volume. The BTC/JPY pair that represents a 48% share.

The Ethereum price has dropped by 14.4% over the past 24 hours and is currently sitting at $798, with over $700M worth of Ether exchanged in the past 24 hours on the ETH/USD pair which has a 40% market share of the daily trading volume.

See live charts here and here

Bank of America, JP Morgan Ban Credit Crypto Purchases

Bank of America and JPMorgan Chase will reportedly no longer enable customers to purchase Bitcoin with credit cards starting in February, reports say. Revealed in the 2nd of February, in a Bloomberg report, JPMorgan is expected to start this ban due to concerns about the credit risk of those who make purchases through their cards. The Bank of America ban is limited to credit cards, and will not impact customers who wish to purchase cryptocurrencies using debit or ATM cards, according to the news source.

Bloomberg further reported that the Bank of America cited anti-money laundering regulations for the move, as well as the potential for thieves to convert stolen credit cards into cryptocurrency stashes. Like JPMorgan, Bank of America is also concerned with the idea customers can purchase more cryptocurrency than they can afford. Other banks have purportedly moved to increase charges for crypto transactions in recent weeks.

Read more here

Vitalik Buterin Donates $2.4 Million In Ether To Anti-Aging Research

The SENS Research Foundation, a charity funding research for treating-age related diseases, has received a $2.4 million Ether donation from Ethereum co-founder Vitalik Buterin, according to a press release on the charity’s website Friday, Feb. 1. The foundation was co-founded in 2009 by Aubrey de Grey, a gerontologist who is researching rejuvenation therapies to extend people’s biological ages, hoping to permit humans to live much longer than ever before. Buterin, who is quoted in the press release as a “fan of Aubrey’s work since [he] first read Ending Aging [Grey’s book] as a teenager”. Buterin stated:

“I am happy to have been blessed with the opportunity to personally support SENS's efforts. Their focus on creating solutions to the diseases of ageing, one of the greatest problems facing humanity, is very much in line with my goal to positively impact the lives of millions of people around the world.”

Read more here

UNICEF Asks Gamers to Mine Cryptocurrency for Syrian Children

On February 2nd, The United Nations Children’s Fund (UNICEF) launched a new fundraising program meant to help finance the needs of protecting Syrian kids. Called Gamer Chaingers, it uses cryptocurrency mining as a method to raise funds without asking for monitory donations. People who wish to participate in the innovative UNICEF program can visit its website, download the mining software and receive simple instructions on how to operate it. The website explains:

“Today, humanitarian collections often solicit the same people with the same methods, but cryptocurrencies and their revolutionary approach are an opportunity to raise funds differently. Have you heard of Bitcoin? Ethereum is the same, except that you can more easily ‘mine’ the Ethereum coins via your computer and that money will go directly into the UNICEF wallet.”

Read more here

PayPro: 15% Bonus only for CryptoCompare

PayPro, the first decentralized financial marketplace is conducting a very successful token sale! The company reached the soft-cap in just 48h and now has already raised more than 1,000,000 dollars.

PayPro is creating a financial marketplace where any Decentralized Application (dApps) will be able to offer its services. Thus, dApps will be competing among them to become the client’s supplier, not the other way around as with banks.

PayPro Crowdsale Highlights:

• Date: from on January 8th, 2018 to February 26th, 2018, 21h UTC
• Crowdsale bonus: 15% only for CryptoCompare subscribers
• Crowdsale minimum investment: 0.5 ETH
• PayPro Token exchange rate: 1 ETH = 2000 PIP + Bonus
• Accepted currencies: ETH

Thanks to CryptoCompare, all its members can now enjoy a 15% bonus!

How to get it:

1. Register on this whitelist: https://payproapp.typeform.com/to/RBublF
2. Wait until you receive an email confirming that your registration has been accepted (usually takes 12-24h)
3. Once you have received it, send your Ethers from an ERC20 compatible wallet like MyEtherWallet to our address. Tokens will be sent back to the same address

More information on www.payproapp.com and on our Telegram Chat.