Market Analysis Report

MVIS-CryptoCompare Index

The MVIS CryptoCompare Digital Assets 10 Index has closed at 6,332.27 with a loss of 16.33% for the day.

See the live index here

Market Update

At the time of writing, the Bitcoin price is sitting at $6,162 representing a loss of 21% in the last 24 hours. More than $3.2B worth of BTC were exchanged in the BTC/USD market representing a 38.4% share of daily volume, followed by the BTC/JPY pair that represents a 37% share.

The Ethereum price has dropped by 27.5% over the past 24 hours and is currently sitting at $577, with over $1.65B worth of Ether exchanged in the past 24 hours on the ETH/USD pair which has a 47.7% market share of the daily trading volume.

See live charts here and here

Lloyds Banking Group Blocks Bitcoin Purchases Using Credit Cards

After several US banks announced a ban on cryptocurrency credit card payments, Britain’s largest banking group is also banning its credit card customers from buying cryptocurrencies, including Bitcoin.

According to BBC, the ban applies to the Lloyds Banking Group's eight million credit card holders and started yesterday across its subsidiaries, including Lloyds Bank, Halifax, MBNA and Bank of Scotland.

Read more here

Santander to Launch Ripple Retail Payments App in 4 Countries

Spanish banking giant Banco Santander is set to roll-out a personal payments app for retail customers powered by Ripple’s blockchain technology in Q1 2018.

The application will enable international payments in “3 clicks and 40 seconds” for retail bank customers, reveals a slide by Santander’s 2017 earnings presentation released last week.

Read more here

Singapore Airlines: Blockchain Loyalty Wallet App for Frequent Flyers

Singapore Airlines, one of the world’s leading airline operators, announced its plan to launch a loyalty digital wallet based on blockchain technology for its KrisFlyer frequent-flyer program, enabling travellers to easily spend their air miles at retail partners. Singapore Airlines CEO, Goh Choon Phong, stated:

“This groundbreaking development in which we will be using blockchain technology to ‘digitalise’ KrisFlyer miles is a demonstration of the investment we are making to significantly enhance the digital side of our business for the benefit of our customers.”

Read more here

IQeon ICO Picks Up Steam, Not Much Time Left to Join

IQeon is a revolutionary decentralized PvP platform providing easy ways for gamers to monetize their in-game achievements. The startup is also stuffed with open SDK facilitating the development of the games hosted on the IQeon platform. Open API and smart contracts technology revolutionize the world of online betting. Bets placed on IQeon could be on the results of competitions run on the platform or any other game existing on the Internet.

IQeon is an already working product and one of the first games to be placed there is IQClash Lite. The game is based on the Blockchain technology and covers sessions of intellectual mini-quests where the players compete with each other.

Investment specialists and Blockchain professionals rate the startup quite high. ICORating gave the project low-risk investment score. ICOBazaar and ICOBench rated the project 4.5 out of 5 and ICORanker - 78 out of 100.

January 30, 2018, the main tokens offer started and it lasts until March 13, 2018. The schedule of bonuses introduced differs depending on what week of ICO you would like to invest in IQeon startup. It means that if you make up your mind to buy IQN earlier, the bonus is bigger.

Don’t miss your chance and become one of IQeon early investors. To get more details, please, visit IQeon official website.

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