Tokens and coins that moved the most in the last 24 hours:
Top movers of the day are Theta Fuel and Bezant. Since 6 pm Theta Fuel has increased by 4.36% and Bezant by 4.05%.
In the evening the crypto markets turned up again and finished the day in green. Today’s crypto market movement is illustrated by an adjacent chart showing the movement of the NWSBCT Index (Blue Chips) over the past 24 hours. 2100NEWS DA Indexes ended between +1.08% and +3.87%. Our main 2100NEWS Digital Assets Total Index (NWST1100) ended +1.32%. Bitcoin ended +0.98%, Ether ended +1.62%.
To find out based on which criteria have been selected, please read the notes.
Theta Fuel (TFUEL)
The Theta Network and protocol aim to solve various challenges the video streaming industry faces today. Theta Fuel is the operational token of the Theta protocol. TFUEL powers on-chain operations like payments to relayers for sharing a video stream, or for deploying or interacting with smart contracts. Relayers earn TFUEL for every video stream they relay to other users on the network. You can think of Theta Fuel as the “gas” of the protocol. At Mainnet launch on March 15th, TFUEL will be created as a native token on the Theta blockchain.
Top movers of the day at 18:10 are Nimiq and Bezant which has surged 24.62% since 1 pm. Nimiq has increased by 6.69% while Theta Fuel has decreased by 5.81%.
In the afternoon the crypto markets went down again. Since 1 pm the tokens built on Ethereum measured by 2100NEWS DA Ethereum Based Index (NWSET100) have fallen by 0.70%. The coins represented by 2100NEWS DA Coin Index (NWSCo100) are 0.36% lower. Our main 2100NEWS Digital Assets Total Index (NWST1100) has decreased by 0.46%. Bitcoin and Ether are also lower: BTC -0.53%, ETH -0.11%.
Bezant is a decentralized payment protocol that provides fast, secure, and reliable payment solutions so that people from all over the world could access global digital contents without borders with the Jehmi Platform.
Top movers of the day at 1 pm are SingularDTV and Theta Fuel which has soared 45.70% since midnight. SNGLS is 36.61% higher as EOD.
On the day the crypto markets have rebounded. Since midnight, the 2100NEWS DA Indexes which measure the performance of various groups of tokens and coins have reported gains between 1.36% and 2.49%. Over the last 24 hours, the 2100NEWS Digital Assets Total Index (NWST1100), which measures the performance of the 1100 major crypto assets by market capitalization, has fallen by 3.75%, Ether by 3.68% and Bitcoin by 3.24%.
Theta Fuel (TFUEL)
Top movers of the day at 7 am are IONChain and Fusion which has increased by 12.29% since midnight. In the morning the crypto markets stopped falling. Over the last 24 hours, the 2100NEWS DA Indexes which measure the performance of various groups of tokens and coins have recorded losses between 5.17% and 7.03%. The coins measured by 2100NEWS DA Coin Index (NWSCo100) have dropped by 6.98%. The 2100NEWS Digital Assets Total Index (NWST1100), which measures the performance of the 1100 major crypto assets by market capitalization, has dropped by 5.96%, Ether by 6.12% and Bitcoin by 5.35%.
Fusion bills itself as an all-inclusive blockchain-based financial platform that offers cross-chain, cross-organization, and cross-data source services through smart contracts. The project uses the Hierarchical Hybrid Consensus Mechanism (HHCM), which amalgamates elements from PoW, PoS, and parallel computing with the goal of creating an efficient and safe platform. Notably, Fusion leverages what it dubs ‘Distributed Control Right Management’ as a security layer that protects cryptoassets on the Fusion blockchain. The distributed storage and sharding of a private key ensures means that no single node can gain control of assets. Fusion also provides for multiple triggering modes, such as time and event-based triggers, into its smart contracts, which were designed to meet the demands of complex financial smart contracts. Fusion is led by Dejun Qian, who also founded BitSE, a blockchain incubator that facilitated the rise of VeChain and QTUM.
IONChain aims to solve a wide range of the current problems of IoT networks in terms of data security, data circulation, data sharing, and data transactions, thus enhancing the efficiency of the whole IoT ecosystem. IONChain introduces the concept of “One Device, One Coin, One Code” which facilitates the integration of IoT devices with the IONChain blockchain network. With the use of Edge Computing technology, it enables every device on the IoT network to be utilized as a mining machine, making every IoT device that uses IONChain subject to mining rewards. Owing to the use of blockchain technology, the data source will always be reliable and verifiable on the IONChain network. Furthermore, the value of the data is quantified and data transfers are fast and secured. This makes it easier for IoT standards to emerge, unlocks a plethora of new IoT application scenarios and boosts the whole industry to enter the next level of development.