WEEKLY CRYPTO REPORT Archives - Crypto Bloomberg

BrankoMay 31, 2020
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5min153



Over the past week, NWST1100 increased by 2.37%. During the first three days of the week, trading took place above the support that had held. In the last four days, the index experienced a rally. This year crypto investment represented by NWST1000 has outperformed W1Dow (global equity) by 48%.  

*We gauge the crypto market breadth and direction of the market by showing charts 2100NEWS Digital Assets Total Index (NWST1100) which represents the top 1100 Digital Assets. The information-laden chart is difficult to read at first glance but the chart shows key price information, important decisive price levels, momentum, trading volumes, and crypto market breadth. 

The previous report showed, that our assumption for the last week had been: the trend was still sideways, but the continuation of the decline was more likely. The price of theNWST1100 index could fall further to 700. The forecast was not correct, as evidenced by the above NWST1100 chart, which shows that during the first three days of the week, bears controlled the index, but trading took place above the support that had held. In the last four days, the index experienced a rally, so we saw an upsurge, the price pulled back into the upper Keltner band. The RSI and PPO changed direction.

Outlook for this week

Looking ahead, the indicators are giving us the following signals: at the top, we see momentum indicators, the RSI is 65- bullish (can be overbought for days), the PPO histogram bars could continue sloping up in the coming days. The Breadth indicators may remain flat. This set up is the basis for my opinion: An upward movement in the larger sideways trend is more likely, the price could test the resistance R1 (+5%).

Performance of different groups of Digital Assets (Coins and Tokens)

Looking at the table, you can see crypto markets continued a move up in the last week, the total (NWST1100) index increased by 2.37%.  Large caps index NWSL100 was the weakest.

Crypto (Digital Assets) compared with global equity

The chart below compares the performance of the average represented by our NWST1100 Digital Asset index with the average global share represented by the Dow Jones global W1Dow index. This year the NWST1100 outperformed W1Dow twice by 60%. The first wave up was an extended Christmas rally, then the pair suffered a collapse caused by the corona pandemic, and the crypto markets had fallen more than the equity markets and lost their advantage. Since  March 18th NWST1100 vs. W1Dow pair had rebounded and peaked a month ago. This year, crypto investments, represented by NWST1000 outperformed global equity by 48%. The box in the middle of the chart shows the original NWST1100 price, at the bottom of the chart is W1Dow. The blue curve is the average index price over the last twelve months. We can see that the NWST1100 price is above the average, while the W1Dow price is below the average.

 

 

 

 

 


BrankoMay 24, 2020
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10min183


Last week, the NWST1100 increased by 0.83%. Crypto markets were approaching a test of their May high and peaked, while the index recorded lower highs. The last two days then saw a selloff. Electroneum (ETN) Coin is a member of the NWSL100 crypto index that made the biggest jump in our ranking in the last two weeks.

*We gauge the crypto market breadth and direction of the market by showing charts 2100NEWS Digital Assets Total Index (NWST1100) which represent the top 1100 Digital Assets. The chart overwhelmed with information is at first glance difficult to read but on the chart is the most important price information, important decisive price levels, momentum, volume of trading, and crypto market breadth. 

The previous report showed that our assumption for last week had been: that an upward move in the larger sideways trend was more likely, the price could test resistance R1. We can see this on the NWST1100 chart above: The crypto markets were approaching a test of their May high and peaked. During the first five days of the week, bulls controlled the index, but trading took place below the resistance and the index recorded a lower high. The last two days then saw a selloff. Momentum indicators showed a loss of momentum, with the PPO line nearing the zero line, indicating that the underlying trend has not yet turned bearish.

Outlook for this week

Looking ahead to the week, the indicators give the following signals: We can see that RSI is at 47 (falling). The bars of the PPO histogram may continue sloping down in the coming days. Breadth indicators could continue falling. Bears will control crypto markets. The most important question is: “Will the support level represented by the 143-day EMA (working days) hold or will it fail?” Will the index remain above its red line. This constellation is the basis for my opinion: the trend is still sideways, but the continuation of the decline is more likely. The price of theNWST1100 index could fall further to 700 points (-8%).

Performance of different groups of Digital Assets (Coins and Tokens)

Looking at the table, you can see crypto markets continued the trend in the last week. The total (NWST1100) index slightly increased by 0.83%.

Crypto (Digital Assets) compared with global equity

The chart below, compares the performance of the average represented by our NWST1100 Digital Asset index is compared with the average global share represented by Dow Jones global W1Dow index. This year the NWST1100 outperformed W1Dow twice by 60%. In January the pair then suffered a slump caused by the corona pandemic, and the crypto markets had fallen more than the equity markets and had lost their advantage. Since  March 18th NWST1100 vs. W1Dow pair had rebounded and peaked three weeks ago. This year, crypto investment represented by NWST1000 beat global equity by 51.1%. The box in the middle of the chart shows the original NWST1100 price, at the bottom of the chart is W1Dow. The blue curve is the average index price over the last twelve months. We can see that the NWST1100 price is near the average, while W1Dow price is 5.8% below the average.

Indexes Revision 5-22-2020

The Bi-weekly revision update both, the amount of each asset publicly available and any additions and deletions from the indexes. On the tables below there are additions and deletions from NWSL100, and NWSM200. As we can see on the tables Electroneum, Blockstack, and Zilliqa have improved their rankings they were added to NWSL100 and deleted from NWSM200. Ardor, Mixin, and aelf were deleted from NWSL100. They are new members of NWSM200. New mid-caps are TNC Coin, Fusion, Travala … Other additions and deletions this week for the other indexes from the family are available in each index presentation.

 

Winner member

We elect the member of the NWSL100 crypto index with the biggest jump in our ranking. We will look at how the market, rates the progress of the project in case of price changes. It seems important to us whether the project is out of the ordinary tide of crypto project prices. Considering an investor’s point of view, peer comparison should be efficient and effective. In order to make appropriate peer comparison we gauged the Electroneum (ETN) Coin with 2100NEWS Digital Assets 100 Large Cap Index (NWSL100). In the chart below, we see the ETN compared to NWSL100 at the top, the box in the middle of the chart shows the original ETN price, and at the bottom of the chart we see NWSL100 and the correlation between  ETN and NWSL100. The purple area chart has shown that ETN was stronger during the April rally. ETN has beaten NWSL100 by 175% in the last three months. However, the correlation chart gives us an explanation for the weak correlation (Pearsons correlation coefficient = 0.42). ETN was moving in the same direction as the NWSL100 but grew faster during the rally phase. It has been therefore a poor representative of the NWSL100 index in terms of price changes.

Electroneum Electroneum (ETN) Website: https://electroneum.com/

ETN Large-cap Coin is 67th in the 2100NEWS ranking. It is an Index member: NWST1100, NWSL100, NWSCo100, NWSDM100


2100NEWS DA Orderbook Quality Evaluation Grade: Poor: 8.2 (Average for Largecaps: 13.9)


Over the past week, the average market cap was 70.8 million $, the average daily volume was 1.9 million $.

Electroneum (ETN) is a cryptocurrency that launched in 2017 with the intention of gaining mass adoption by targeting mobile audiences and smartphone users. Users are able to ‘cloud mine’ up to $3 USD worth of ETN each month, which can be stored or spent with any retailer that accepts ETN.


BrankoMay 17, 2020
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5min188



Over the past week, NWST1100 dropped by 6.20%. The support had held, so we saw an upsurge, the price pulled back into the upper Keltner band. This year crypto investment represented by NWST1000 has beaten W1Dow (global equity) by 54.20%.  

*We gauge the crypto market breadth and direction of the market by showing charts 2100NEWS Digital Assets Total Index (NWST1100) which represent the top 1100 Digital Assets. The chart overwhelmed with information is at first glance difficult to read but on the chart is the most important price information, important decisive price levels, momentum, volume of trading, and crypto market breadth. 

The previous report showed, that our assumption for the past week had been: Bears would control crypto markets. The forecast was correct, is evidenced by the red column on the table below. The most important question was “would the support level represented by 143-day EMA (working days) hold or fail?” Looking at the chart NWST1100 above we can see, the support had held. Index price pulled off, so we saw an upsurge, the price pulled back into the upper Keltner band. Indicators: RSI and PPO changed direction. The breadth indicators stayed strong.

Outlook for this week

Looking ahead, the indicators give us the following signals: at the top, we can see momentum indicators, RSI is 65- bullish (can be overbought for days), PPO histogram bars could continue sloping up in the next few days. The Breadth indicators could flatten out. This set up is the basis for my opinion: a move upward in the bigger sideways trend is more likely, the price could test the resistance R1 (+6%).

Performance of different groups of Digital Assets (Coins and Tokens)

Looking at the table, you can see crypto markets continued a pullback in the last week, the total (NWST1100) index dropped by 6.20%.  Coins led the crypto markets lower, so NWSCo100 was the weakest index.

Crypto (Digital Assets) compared with global equity

On the chart below, the performance of the average Digital Aset represented by our NWST1100 index is compared with the average global equity represented by Dow Jones global index W1Dow.

This year the NWST1100 had beaten W1Dow by 60% twice. In March pair experienced pullback in collapse caused by corona pandemic, crypto markets had fallen more than equity and lost their advantage. Since  18th March NWST1100 vs. W1Dow pair had rebounded. This year crypto investment represented by NWST1000 has beaten global equity by 54.2%. In the box in the middle of the chart is the original NWST1100 price, at the bottom of the chart is W1Dow. The blue curve is the average index price last twelve months. We can see that the NWST1100 price is near the average while W1Dow price is 8.2% below the average.

 

 

 

 

 


BrankoMay 10, 2020
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11min256


In the past week, the NWST1100 dropped by 3.95%. Crypto markets were nearing a test of their April high and peaked. Bitcoin was the main driver behind gains. Then a strong pullback happened in the last two days. Hyperion (HYN) Token is the NWSL100 crypto index member which made the biggest jump in our ranking last two weeks.

*We gauge the crypto market breadth and direction of the market by showing charts 2100NEWS Digital Assets Total Index (NWST1100) which represent the top 1100 Digital Assets. The chart overwhelmed with information is at first glance difficult to read but on the chart is the most important price information, important decisive price levels, momentum, volume of trading, and crypto market breadth. 

The previous report showed, that our assumption for the past week had been: a move downward in the bigger sideways trend was more likely, the price could test the support represented by 143-day EMA (working days). Technical indicators indicated the possibility of a short-term correction. On the NWST1100 chart above, we can see: In the first five days of the week, bulls maintained the index above the upper Keltner line. Crypto markets were nearing a test of their April high and peaked. Bitcoin was the main driver behind gains. Then a strong pullback happened in the last two days.  Bears have propelled the index down to 143-day EMA which was acting for a while as support (red curve).

Outlook for this week

Looking ahead to the week, the indicators give us the following signals: we can see that RSI is 51 (falling). PPO histogram bars could continue sloping down in the next few days. Breadth indicators could continue falling. Bears will control crypto markets. The most important question is “will the support level represented by 143-day EMA (working days) hold or fail?” Will the index remain above its red line. This set up is the basis for my opinion: the continuation of falling is more likely. NWST1100 index price could continue sloping downward to the target marked on the chart.

Performance of different groups of Digital Assets (Coins and Tokens)

Looking at the table, you can see crypto markets peaked and changed the trend in the last week. The total (NWST1100) index dropped by 3.95%.

Crypto (Digital Assets) compared with global equity

On the chart below, the performance of the average Digital Asset represented by our NWST1100 index is compared with the average global equity represented by Dow Jones global index W1Dow. This year the NWST1100 had beaten W1Dow by 60% twice. In January then pair experienced pullback in collapse caused by corona pandemic, crypto markets had fallen more than equity and lost their advantage. Since  18th March NWST1100 vs. W1Dow pair had rebounded and peaked over the last week. This year crypto investment represented by NWST1000 has beaten global equity by 60.5%. In the box in the middle of the chart is the original NWST1100 price, at the bottom of the chart is W1Dow. The blue curve is the average index price last twelve months. We can see that the NWST1100 price is above the average while W1Dow price is below the average.

Indexes Revision 5-8-2020

The Bi-weekly revision update both, the amount of each asset publicly available and any additions and deletions from the indexes. On the tables below there are additions and deletions from NWS30, NWSL100, and NWSM200. As we can see on the tables Aave, BitcoinHD, and Streamr DATAcoin have improved their rankings they were added to NWSL100 and deleted from NWSM200. Swipe and PundixXwere deleted from NWSL100. They are new members of NWSM200. New mid-caps are WhiteCoin, Counus X, HBC Token … Other additions and deletions this week for the other indexes from the family are available in each index presentation.

Winner member

We select the member in the NWSL100 crypto index with the biggest jump in our ranking. We will look at how the market, with price changes, evaluates project progress. It seems important to us if the project is out of the ordinary tide of crypto project prices. Considering an investor’s point of view, peer comparison should be efficient and effective. To make appropriate peer comparison we gauged the Hyperion (HYN) Token with 2100NEWS Digital Assets 100 Large Cap Index (NWSL100). Looking at the chart below, at the top we can see the HYN vs. NWSL100, in the box in the middle of the chart is the original HYN price, at the bottom of the chart are NWSL100 and correlation between  HYN and NWSL100. Purple area graph has shown that HYN was stronger in the rally in April. HYN has beaten NWSL100 by 650% in the last four months. However, the correlation graph gives us an explanation that the correlation is weak (Pearsons correlation coefficient = 0.03). HYN was moving in the same direction as the NWSL100 but in the rally phase, it grew faster. So, it has been a poor representative of the NWSL100 index in terms of price changes.

Hyperion Hyperion (HYN)  Website: https://hyn.space/

HYN Large-cap Coin is 38th in the 2100NEWS ranking. It is an Index member: NWST1100, NWSL100, NWSTo100, NWSET100, NWSDM100


2100NEWS DA Orderbook Quality Evaluation Grade: Ordinary: 13.3 (Average for Largecaps: 13.9)


Over the past week, the average market cap was 152.0 million $, average daily volume was 23.7 million $.

Hyperion is an open blockchain-based mapping architecture. Hyperion aims to fundamentally disrupt existing mapping systems by providing the infrastructure to support a completely decentralized, self-governing global map that users anywhere can contribute to, edit or utilize for their own needs, and share the economic value. Hyperion, a decentralized map platform, aims to achieve the “One Map” vision – to provide a unified view of global map data and service, and to make it universally accessible just like a public utility for 10B people. Built on the Spatial Consensus Protocol which encloses not just spatial information but also value transfer, Hyperion fundamentally redefines the way we create and consume map services, conforming to our first principles to make maps aggressively open and decentralized.


BrankoMay 3, 2020
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5min248



Over the past week, NWST1100 soared by 14.03%. We saw an overextended upsurge in a short time frame, price pulled off an incredible rally that has exceeded our expectations. This year crypto investment represented by NWST1000 has beaten W1Dow (global equity) by 52.50%.  

*We gauge the crypto market breadth and direction of the market by showing charts 2100NEWS Digital Assets Total Index (NWST1100) which represent the top 1100 Digital Assets. The chart overwhelmed with information is at first glance difficult to read but on the chart is the most important price information, important decisive price levels, momentum, volume of trading, and crypto market breadth. 

It was said in the previous report, that our assumption for the past week had been:  the continuation of weak growth was more likely. NWST1100 index price could continue sloping positively and could linger inside the upper Keltner band. Looking at the chart NWST1100 above we can see, price pulled off an incredible rally that appears to have exceeded our expectations. We saw an overextended upsurge in a short time frame. 143-days (working days) EMA (red curve) which was strong overhead resistance flipped to support. At the end of the week, the price pulled back into the upper Keltner band. Indicators: RSI, PPO,  and  PPO histogram bars changed direction. The breadth indicator stayed strong.

Outlook for this week

Looking ahead, the indicators give us the following signals: at the top, we can see momentum indicators, RSI is 65- bullish (can be overbought for days). Indicators: PPO and PPO histogram bars could continue sloping down in the next few days, so crypto markets will lose momentum. Technical indicators indicate the possibility of a short-term correction. The Breadth indicators could flatten out. This set up is the basis for my opinion: a move downward in the bigger in sideways trend is more likely, the price could test the support represented by 143-day EMA (working days).

Performance of different groups of Digital Assets (Coins and Tokens)

Looking at the table, you can see crypto markets experienced a huge rally in the last week. The total (NWST1100) index increased by 14.03% in the past week.  Bitcoin and Ether led the crypto markets higher, so NWSBE was the strongest index.

Crypto (Digital Assets) compared with global equity

On the chart below, the performance of the average Digital Aset represented by our NWST1100 index is compared with the average global equity represented by Dow Jones global index W1Dow.  This year the NWST1100 had beaten W1Dow by 60% in January then pair experienced pullback in collapse caused by corona pandemic, crypto markets had fallen more than equity and lost their advantage. Since  18th March NWST1100 vs. W1Dow pair has rebounded. This year crypto investment represented by NWST1000 has beaten global equity by 52.5%. In the middle of the chart is the original NWST1100 price, at the bottom of the chart is W1Dow. The blue curve is the average index price last twelve months. We can see that NWST1100 price is closer to the average than W1Dow.

 

 

 

 

 


BrankoApril 26, 2020
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10min238


In the past week, the NWST1100 surged by 6.91%. The bullish crossover happened and in the last three days, bulls have been able to propel the index above overhead sideways resistance. MimbleWimbleCoin (MWC) Coin is the NWSL100 crypto index member which made the biggest jump in our ranking last two weeks.

*We gauge the crypto market breadth and direction of the market by showing charts 2100NEWS Digital Assets Total Index (NWST1100) which represent the top 1100 Digital Assets. The chart overwhelmed with information is at first glance difficult to read but on the chart is the most important price information, important decisive price levels, momentum, volume of trading, and crypto market breadth. 

In the previous report, it was said, for the past week our assumption had been: the sideways trend was more likely, the price could linger inside the lower Keltner band. On the NWST1100 chart above, we can see: In the first four days of the week, bulls maintained the index above moving averages which were on the verge of a bullish crossover. Then the bullish crossover happened and in the last three days, bulls have been able to propel the index above overhead sideways resistance.

Outlook for this week

Looking ahead to the week, the indicators give us the following signals: we can see that RSI is 65 – bullish. PPO histogram bars could continue staying positive in the next few days. Breadth indicators could continue rising but 143-days (working days) EMA is strong overhead resistance and Corona pandemic is still present. This set up is the basis for my opinion: the continuation of weak growth is more likely. NWST1100 index price could continue sloping positively and could linger inside the upper Keltner band.

Performance of different groups of Digital Assets (Coins and Tokens)

Looking at the table, you can see crypto markets continued the rebound last month. The total (NWST1100) index surged by 6.91% in the past week.

Crypto (Digital Assets) compared with global equity

On the chart below, the performance of the average Digital Aset represented by our NWST1100 index is compared with the average global equity represented by Dow Jones global index W1Dow.  At the bottom of the chart is crypto performance represented by NWST1100. This year the NWST1100 had beaten W1Dow by 60% in January then pair experienced pullback in corona’s collapse, crypto markets had fallen more than equity. Since  18th March NWST1100 vs. W1Dow pair has rebounded. This year crypto investment represented by NWST1000 has beaten global equity by 35.40%.

Indexes Revision 4-24-2020

The Bi-weekly revision update both, the amount of each asset publicly available and any additions and deletions from the indexes. On the tables below there are additions and deletions from NWSL100, and NWSM200. As we can see on the tables MimbleWimblCoin, MaidSafeCoin, and Hyperion have improved their rankings they were added to NWSL100 and deleted from NWSM200. Aion, ThoreCoin, and Molecular Future were deleted from NWSL100. They are new members of NWSM200. New mid-caps are Homeros, CastWeet, CreditCoin … Other additions and deletions this week for the other indexes from the family are available in each index presentation.

Winner member

We select the member in the NWSCo100 crypto index with the biggest jump in our ranking. We will look at how the market, with price changes, evaluates project progress. It seems important to us if the project is out of the ordinary tide of crypto project prices. Considering an investor’s point of view, peer comparison should be efficient and effective. To make appropriate peer comparison we gauged the MimbleWimbleCoin (MWC) Coin with 2100NEWS DA Coin Index (NWSCo100). Looking at the chart below, at the top we can see the MWC vs. NWSCo100, in the middle of the chart is the original MWC price, at the bottom of the chart are NWSL100 and correlation between  MWC and NWSCo100. Purple area graph has shown that MWC was stronger in the rally in January and February and in the rebound in March. MWC has beaten NWSCo100 by 535% in the last four months. However, the correlation graph gives us an explanation that the correlation is not strong (Pearsons correlation coefficient = 0.55). MWC was moving in the same direction as the NWSCo100 but in the rally phase, it grew faster. So, it has been an ordinary representative of the NWSCo100 index in terms of price changes.

MimbleWimbleCoin MimbleWimbleCoin (MWC)  Website: https://mwc.mw/

MWC Large-cap Coin is 58th in the 2100NEWS ranking. It is an Index member: NWST1100, NWSL100, NWSCo100


2100NEWS DA Orderbook Quality Evaluation Grade: Poor: 7.9 (Average for Coins: 12.6)


Over the past week, the average market cap was 124.5 million $, average daily volume was 40.2 million $.

MWC is an in-progress implementation of the MimbleWimble protocol. Many characteristics are still undefined but the following constitutes the first set of choices:

  • Clean and minimal implementation, and aims to stay as such.
  • Follows the Mimblewimble protocol, which provides hidden amounts and scaling advantages.
  • Cuckoo Cycle proof of work in two variants named Cuckaroo (ASIC-resistant) and Cuckatoo (ASIC-targeted).
  • Relatively fast block time: one minute.
  • Fixed block rewards over time with a decreasing dilution.
  • Transaction fees are based on the number of Outputs created/destroyed and total transaction size.
  • Smooth curve for difficulty adjustments.


BrankoApril 19, 2020
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5min252



Over the past week, NWST1100 increased by 3.30%, the price was hovering near the support represented by the Pivot line and this support held. At the end of the week, NWST1100 price moved into the upper Keltner band. This year crypto investment represented by NWST1000 has beaten W1Dow (global equity) by 25.70%.  

*We gauge the crypto market breadth and direction of the market by showing charts 2100NEWS Digital Assets Total Index (NWST1100) which represent the top 1100 Digital Assets. The chart overwhelmed with information is at first glance difficult to read but on the chart is the most important price information, important decisive price levels, momentum, volume of trading, and crypto market breadth. 

It was said in the previous report, that for the past week our assumption had been:  the continuation of a sideways trend was more likely, but we could say sellers are strong and they control the market. Looking at the chart NWST1100 above we can see, the price was hovering near the Pivot line. This level acted as support and support held. At the end of the week, the price moved into the upper Keltner band. Indicators: RSI, PPO  and  PPO histogram bars flattened out.

Outlook for this week

Looking ahead, the indicators give us the following signals: at the top, we can see momentum indicators, RSI is 58 just above the midpoint and suggests a balance between the bulls and the bears. PPO and PPO histogram bars could start sloping down in the next few days. While we warn that corona pandemic and 143-day EMA (working days) present a barrier to further growth. The Breadth indicators could flatten out. This set up is the basis for my opinion: the sideways trend is more likely, the price could linger inside the lower Keltner band.

Performance of different groups of Digital Assets (Coins and Tokens)

Looking at the table, you can see crypto markets continued the rebound last three weeks. The total (NWST1100) index increased by 3.30% in the past week.

Crypto (Digital Assets) compared with global equity

On the chart below, the performance of the average Digital Aset represented by our NWST1100 index is compared with the average global equity represented by Dow Jones global index W1Dow.  This year the NWST1100 had beaten W1Dow by 60% in January then pair experienced pullback in corona’s collapse, crypto markets had fallen more than equity and lost their advantage.  The last weeks NWST1100 vs. W1Dow rebounded. This year crypto investment represented by NWST1000 has beaten global equity by 25.70%.

 

 

 

 

 


BrankoApril 12, 2020
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9min284


In the past week, the NWST1100 was trending sideways and surged by 4.56%. Index prices lingered inside the symmetrical triangle. Digitex Futures (DGTX) Token is the NWSL100 crypto index member which made the biggest jump in our ranking last two weeks.

*We gauge the crypto market breadth and direction of the market by showing charts 2100NEWS Digital Assets Total Index (NWST1100) which represent the top 1100 Digital Assets. The chart overwhelmed with information is at first glance difficult to read but on the chart is the most important price information, important decisive price levels, momentum, volume of trading, and crypto market breadth. 

In the previous report, it was said, for the past week our assumption had been: the sideways trend was more likely, the price could linger inside the symmetrical triangle. On the NWST1100 chart above, we can see, sideways trend. Index prices lingered inside the triangle. RSI and PPO histogram started trending downwards.

Outlook for this week

Looking ahead to the week, the indicators give us the following signals: we can see that RSI is 47 – neutral. PPO histogram bars could continue sloping down and support sellers in the next few days. Breadth indicators could flatten out. This set up is the basis for my opinion: the continuation of a sideways trend is more likely, but we can say sellers are strong and they control the market. In bigger sideways trend NWST1100 index price could continue sloping negatively to the resistance near the Lower Keltner channel line, meaning about 10% price changes down from the current price.

Performance of different groups of Digital Assets (Coins and Tokens)

Looking at the table, you can see crypto markets continued the rebound last weeks. The total (NWST1100) index surged by 4.56% in the past week.

Crypto (Digital Assets) compared with global equity

On the chart below, the performance of the average Digital Aset represented by our NWST1100 index is compared with the average global equity represented by Dow Jones global index W1Dow. In the second half of the last year, crypto has fallen over 50% vs. global equity. This year the NWST1100 had beaten W1Dow by 60% in January then pair experienced lost 20%. In Corona’s collapse, crypto markets had fallen more than equity. Nevertheless, crypto investments vs. equity delivered 30% better results in 2020.

Indexes Revision 4-10-2020

The Bi-weekly revision update both, the amount of each asset publicly available and any additions and deletions from the indexes. On the tables below there are additions and deletions from NWS30, NWSL100, and NWSM200. As we can see on the tables Digitex Futures has improved its rankings it was added to NWSL100 and deleted from NWSM200. New mid-caps are Elamachain, NewYork Exchange, MimbleWimbleCoin. Other additions and deletions this week for the other indexes from the family are available in each index presentation.

Winner member

We select the member in the NWSL100 crypto index with the biggest jump in our ranking. Considering an investor’s point of view, peer comparison should be efficient and effective. To make appropriate peer comparison we gauged the Digitex Futures (DGTX) Token with 2100NEWS Digital Assets 100 Large Cap Index (NWSL100). Looking at the chart below, at the top we can see the DGTX vs. NWSL100, in the middle of the chart is the original DGTX price, at the bottom of the chart are NWSL100 and correlation between  DGTX and NWSL100. Purple area graph shows, DGTX has beaten NWSL100 by 29% in the last four months. However, the correlation graph gives us an explanation that the correlation is weak (Pearsons correlation coefficient = 0.12). For 55% of the time, it was moving in the opposite direction as the NWSL100. So, it has been a poor representative of the NWSL100 index in terms of price changes.

Digitex Futures Digitex Futures (DGTX) Website: https://digitexfutures.com/

DGTX Large-cap Ethereum based token is 83rd in the 2100NEWS ranking. It is an Index member: NWST1100, NWSL100, NWSTo100, NWSET100, NWSDM100


2100NEWS DA Orderbook Quality Evaluation Grade: Poor: 11.0 (Average for Large caps: 14.0)


Over the past week, the average market cap was 40.1 million $, average daily volume was 1.3 million $.

Digitex Futures is a non-custodial, commission-free cryptocurrency futures exchange. The use of the DGTX token obviates the need to charge transaction fees because the exchange is able to cover costs by creating and selling DGTX tokens each year.


BrankoApril 5, 2020
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5min380



Over the past week, NWST1100 increased by 1.18%, the price was rising to  25-days EMA. The last two weeks NWST1100 vs. W1Dow rebounded and this year crypto is an excellent investment vs equity. 

*We gauge the crypto market breadth and direction of the market by showing charts 2100NEWS Digital Assets Total Index (NWST1100) which represent the top 1100 Digital Assets. The chart overwhelmed with information is at first glance difficult to read but on the chart is the most important price information, important decisive price levels, momentum, volume of trading, and crypto market breadth. 

In the previous report, it was said, for the past week our assumption had been: the continuation of a sideways trend was more likely. NWST1100 index price could linger inside the Keltner channel. Looking at the chart NWST1100 above we can see, the price was rising to  25-days EMA.  Indicators: RSI, PPO  and  PPO histogram bars were still trending upwards. Two converging trend lines connecting a series of peaks and troughs formed chart pattern symmetrical triangle.

Outlook for this week

Looking ahead, the indicators give us the following signals: at the top, we can see momentum indicators, RSI is 52, PPO  could continue sloping positively in the next few days. The Breadth indicators could start rising. The indicators are bullish, so why does it feel bearish? NWST110 price has already gained by 50% since the recent bottom, so a pullback would be reasonable to expect. This set up is the basis for my opinion: the sideways trend is more likely, the price could linger inside the symmetrical triangle. However, there are bigger things happening in the world (coronavirus) that may invalidate a possibility for the breakthrough to 700 points, only a spike of 10% up or down is possible.

Performance of different groups of Digital Assets (Coins and Tokens)

Looking at the table, you can see crypto markets experienced a huge sell-off last month but they rebounded the last two weeks, so the total (NWST1100) index increased by 1.18% in the past week.

Crypto (Digital Assets) compared with global equity

On the chart below, the performance of the average Digital Aset represented by our NWST1100 index is compared with the average global equity represented by Dow Jones global index W1Dow.  This year the NWST1100 had beaten W1Dow by 60% in January then pair experienced pullback in corona’s collapse, crypto markets had fallen more than equity and lost their advantage.  The last weeks NWST1100 vs. W1Dow rebounded and this year crypto is an excellent investment vs equity.

 

 

 

 

 


BrankoMarch 29, 2020
crypto.jpg

9min329


In the past week, the NWST1100 was trending sideways and surged by 7.36%. Index prices were hovering near 10-days EMA. Numeraire (NMR) Token is the NWSL100 crypto index member which made the biggest jump in our ranking last two weeks.

*We gauge the crypto market breadth and direction of the market by showing charts 2100NEWS Digital Assets Total Index (NWST1100) which represent the top 1100 Digital Assets. The chart overwhelmed with information is at first glance difficult to read but on the chart is the most important price information, important decisive price levels, momentum, volume of trading, and crypto market breadth. 

In the previous report, it was said, for the past week our assumption had been: the wide sideways trend was more likely. However, the cause of the bear trend (coronavirus) will not be eliminated, so a breakthrough to 600 points was unlikely. On the NWST1100 chart above, we can see, sideways trend. Index prices were hovering near 10-days EMA.

Outlook for this week

Looking ahead to the week, the indicators give us the following signals: we can see that RSI is 40 – neutral. PPO histogram bars could change the slope and support sellers in the next few days. Breadth indicators and PPO could flatten out. This set up is the basis for my opinion: We can’t say buyers are strong and they control the market, so the continuation of a sideways trend is more likely. NWST1100 index price could linger inside the Keltner channel (green area), meaning about 10% price changes (up or down) from the current price.

Performance of different groups of Digital Assets (Coins and Tokens)

Looking at the table, you can see crypto markets experienced a rebound last weeks. The total (NWST1100) index surged by 7.36% in the past week.

Crypto (Digital Assets) compared with global equity

On the chart below, the performance of the average Digital Aset represented by our NWST1100 index is compared with the average global equity represented by Dow Jones global index W1Dow. In the second half of the last year, crypto has fallen over 50% vs. global equity. This year the NWST1100 had beaten W1Dow by 60% in January then pair experienced pullback (-35%). In the last week’s collapse, crypto markets have fallen more than equity and lost all their advantage form the beginning of the year.

Indexes Revision 3-27-2020

The Bi-weekly revision update both, the amount of each asset publicly available and any additions and deletions from the indexes. On the tables below there are additions and deletions from NWS30, NWSL100, and NWSM200. As we can see on the tables WAX and Numeraire have improved their rankings they were added to NWSL100 and deleted from NWSM200. Insight Chain and iExec RLC were deleted from NWSL100. They are new members of NWSM200. New mid-caps are CRYPTBUCKS, Tachyon Protocol, Insolar. Other additions and deletions this week for the other indexes from the family are available in each index presentation.

Winner member

We select the member in the NWSL100 crypto index with the biggest jump in our ranking. Considering an investor’s point of view, peer comparison should be efficient and effective. To make appropriate peer comparison we gauged the Numeraire (NMR) Token with 2100NEWS Digital Assets 100 Large Cap Index (NWSL100). Looking at the chart below, at the top we can see the NMR vs. NWSL100, in the middle of the chart is the original NMR price, at the bottom of the chart are NWSL100 and correlation between  NMR and NWSL100. Purple area graph shows, NMR has beaten NWSL100 by 200% in the last four months. However, the correlation graph gives us an explanation that the correlation is weak (Pearsons correlation coefficient = -0.19). For 65% of the time, it was moving in the opposite direction as the NWSL100. So, it has been a poor representative of the NWSL100 index in terms of price changes.

Numeraire Numeraire (NMR)  Website: https://numer.ai/

NMR Large-cap Ethereum based token is 91st in the 2100NEWS ranking. It is an Index member: NWST1100, NWSL100, NWSTo100, NWSET100, NWSDM100


2100NEWS DA Orderbook Quality Evaluation Grade: Poor: 11.1 (Average for Large caps: 14.0)


Over the past week, the average market cap was 32.4 million $, average daily volume was 0.9 million $.

Numeraire is a new cryptographic token that could be employed in a novel auction mechanism with the aim to create overfitting economically irrational. Numeraire is an ERC20 Ethereum token that makes collaboration congenial with self-interest. Last year, a new kind of hedge fund was introduced by Numeraire. This resource enables any data scientist to not only develop machine learning patterns on the team’s data but also offer predictions to manage the capital in the team’s hedge fund. Today, a new money abstraction for Numerai is published. It starts modern commerce with the team’s data scientists based on long-term adjustment not possible with regular money.



About us

We are the new economy news hub. 2100NEWS is the professional index, data, and tools provider in the digital asset space, offering Crypto Market Intelligence, providing the perspective you can trust and equipping you with information edge you need to stay ahead. (Real-time data of token issuers and news, analysis and commentary from community.) We are very excited to contribute to the evolution of the industry and build an ecosystem around our offering (the institutional-grade data infrastructure required to enable institutional investments in digital assets). We want our contributions (Contents and Tools on 2100NEWS.com) to be useful for helping investors.


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