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ENJ up 37.5% after Microsoft and Enjin launch rewards program on Ethereum

ENJ up 37.5% after Microsoft and Enjin launch rewards program on Ethereum

Microsoft and blockchain gaming firm Enjin have unveiled a novel tokenized rewards program based on Ethereum, Azure Heroes, and are piloting the scheme in “selected Western European countries.” The bulls sent Enjin Coin (ENJ) rocketing shortly after Microsoft’s announcement, with market capitalization spiking 42 percent up to $67 million.

Three ratios crucial for understanding Bitcoin Price

Three ratios crucial for understanding Bitcoin Price

According to crypto analyst PlanB, who popularized the Bitcoin stock-to-flow model, understanding the world’s largest cryptocurrency comes down to just three things—its Sharpe ratio, its correlation with other assets, and cointegration with the stock-to-flow model.