2100NEWS Archives - 2100NEWS

BrankoOctober 20, 2020
crypto.jpg

6min74



Over the last week, NWST1100 rose by 0.84%, the index price moved up during the first four days of the week then upside momentum succumbed to bearish pressure. This year NWST1100 outperformed W1Dow by 67.5% while over the last 12 months, it was 31.3% higher.

*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: a move upward was more likely, the market could reach R1 resistance.  The NWST1100 chart shows that the assumption proved to be incorrect, the index moved up during the first four days of the week, it did not establish any kind of sustained attempt to move to R1. Then the index price has been hovering near the upper Keltner Channels indicator’s line, 14-day RSI lines (upper box) has changed the slope. That was a sign that upside momentum succumbed to bearish pressure. Buyers were not strong enough. At the top we see momentum indicators: PPO lines are sloping up but the PPO histogram is sloping down, Breadth indicators at the bottom have flattened out. The chart below compares the percentage of DA trading above 50 days EMA for:

  1. 100 Large-caps members of NWSL100 (top box)
  2. 1100 members of NWST1100
  3. 100 Ethereum Tokens members of NWSET100
  4. 100 Coins members of NWSCo100 (bottom box)

over the last 10 months. All four A50R lines are under the green oversold border. *The percentage of digital assets trading above a specific moving average is a breadth indicator that measures internal strength or weakness in the underlying index.

Outlook for this week

Looking ahead, the Momentum indicators give us the following signals: the RSI is 55; PPO lines may continue direction in the coming days. At the bottom of the chart, we see the Breadth indicators that may continue rising.  This constellation is the basis for my opinion: the sideways trend is more likely, but the index could attempt to move up to R1.

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

The crypto markets picked up different directions, tokens fell, coins remained at the same level while Bitcoin and Ether grew over the last week. The table shows that the total (NWST1100) index rose by 0.84%.

Crypto (Digital Assets) compared with global equity

We have already shown the superiority of crypto investments as a new investment class. For the sake of objectivity, we review various timespans, however, the chart shows that crypto investments are superior over various timespans. 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. The Percentage Change Marks on the chart shows that this year NWST1100 outperformed W1Dow by 67.5% while over the last 12 months, NWST1100 was 31.3% higher. The blue curve is the average index price over the last twelve months. We can see that the NWST1100 spot price is 27.1% higher than twelve months index average price.  This means: If we bought one NWST1100 every day over the last twelve months, our investment is recording 27.1% gains today.

*The box in the middle of the chart shows the original NWST1100 price, at the bottom of the chart is W1Dow. 

 

 

 

 

 


BrankoOctober 12, 2020
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12min150


This is a jubilee hundredth weekly crypto report, if you follow us you know that our outlooks are generally coming true, as was the one from last week. Last week, NWST1100 surged by 5.96%,  the index price tested the support represented by 143-days EMA then has bounced off.  WhiteCoin (XWC) Coin is a member of the NWSL100 crypto index that made the biggest jump in our ranking over 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 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 last week had been: the sideways trend was more likely, the index could test for a third time if the support represented by 143-days EMA holds. In this case, the index would turn around sharply as it did twice in September. The NWST1100 chart shows that assumption was true. The index price had tested support at 970 points during the first four days of the week then bounced off.  At the top we see momentum indicators: PPO lines, RSI, and PPO histogram have risen (green arrow).

Outlook for this week

Looking ahead, the Momentum indicators give us the following signals: the RSI is 61 (bullish); PPO lines and PPO histogram bars may continue direction (up) in the coming days.  The Breadth indicators, at the bottom of the chart (green arrow), may slope positively. The volume profile is an advanced charting Indicator on the left side of the chart. It displays trading activity and plots a histogram on the chart which reveals dominant and significant price levels based on volume and in essence gives a clear indication of what was bought and sold at those current levels. It is extremely versatile and can be used for finding areas of supports and resistances, as well as finding areas where we can expect rapid price movements. This constellation is the basis for my opinion: a strong move upward is more likely, the market could reach R1 resistance +11%.

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

The total (NWST1100) index surged by 5.96%. The table below shows, that the coins and midcaps have recorded the biggest gains since the end of September.

Crypto (Digital Assets) compared with global equity

With such a chart, we have already shown the superiority of crypto investments as a new investment class in many recent reports. For the sake of objectivity, we review various timespans. The chart 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. The Percentage Change Marks on the chart shows that this year NWST1100 outperformed W1Dow by 65.6% while over the last 12 months, NWST1100 was 21.9% higher. The blue curve is the average index price over the last twelve months. We can see that the NWST1100 spot price and W1Dow price are above average, but the NWST1100 spot price is 27% higher than twelve months index average price. This means: If we bought one NWST1100 every day over the last twelve months, our investment is recording 27% gains today.

*The box in the middle of the chart shows the original NWST1100 price, at the bottom of the chart is W1Dow. 

Indexes Revision 10-9-2020

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 Avalanche, NEST Protocol, and WhiteCoin have improved their rankings they were added to NWSL100, they were deleted from NWSM200. Curve DAO, Crypto.com Chain, and MonaCoin were deleted from NWSL100, they are new members of NWSM200. New mid-caps are Bridge Oracle, SUN Token, Basid Coin… Other additions and deletions this week for the other indexes from the family are available in each index presentation.

Winner member

In order to make an appropriate peer comparison, we gauged the WhiteCoin (XWC) Coin with 2100NEWS Digital Assets 100 Large Cap Index (NWSL100). On average (violet area chart), the relationship between XWC and NWSL100  has shown that it was stronger.  XWC has beaten NWSL100 by 107% over the last three months. However, if we compare the XWC green area graph with the orange index area graph while observing the correlation graph, the correlation graph gives us an explanation that the correlation is weak (Pearson’s correlation coefficient = 0.25). Only 50% of the time, it was moving in the same direction as the NWSL100.  It has been therefore a poor representative of the NWSL100 index in terms of price changes.

*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. 

WhiteCoin

WhiteCoin (XWC) Website: https://www.whitecoin.info/

XWC Large Cap Coin is 91st in the 2100NEWS ranking. It is an Index member: NWST1100, NWSL100, NWSCo100

2100NEWS DA Orderbook Quality Evaluation Grade: Poor: 18 (Average for Largecaps: 17.2)


Over the last week, the average market cap was 66.9 million $, the average daily volume was 1.2 million $.

Whitecoin is a community-based decentralization project with more than five years of history. The project was launched in early 2014. The main members of the original development team are from the Netherlands, Germany, Finland, Australia, and other countries. Whitecoin is a public chain that utilizes interconnection between blockchains through the innovative Multi Tunnel Blockchain Communication Protocol (MTBCP) protocol. The newly upgraded Whitecoin will adopt RPOS mechanism to realize the functions such as cross-chain asset management, cross-chain transfer, exchange, and cross-chain value transfer. The upgraded Whitecoin public chain provides three main functions: cross-chain assets management, smart contracts, decentralized exchanges, and the core feature: community governance mechanisms. The team claims that it is the largest cross-chain public chain in the world. It aims to provide a benchmark and demonstration for breaking the barriers among various public chains.

*The chart below shows the XWC compared to NWSL100 at the top, the box in the middle of the chart shows the original XWC price, and at the bottom of the chart we see NWSL100 and the correlation between  XWC and NWSL100.

 


BrankoOctober 6, 2020
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6min78



Over the last week, NWST1100 dropped by 3.75%, the index price tested the resistance represented by 25-days EMA then the price moved down. DeFi placed pressure on tokens built on Ethereum because the hype around the Decentralized Finance (DeFi) turned into a sharp fall in September.

*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: a move upward was more likely, the market could move to the upper Keltner band.  The NWST1100 chart shows that the assumption was almost true, the index moved up during the first four days of the week, then the index price tested the resistance represented by 25-days EMA. Buyers were not strong enough however the price moved down. At the top we see momentum indicators: PPO lines are sloping up but PPO histogram and RSI are sloping down, Breadth indicators at the bottom have continued a downward trend.

Outlook for this week

Looking ahead, the Momentum indicators give us the following signals: the RSI is 42; PPO histogram bars may continue direction in the coming days. At the bottom of the chart, we see the Breadth indicators that may continue falling.  This constellation is the basis for my opinion: the sideways trend is more likely, the index could test for a third time if the support represented by 143-days EMA holds. In this case, the index will turn around sharply as it did twice in September.

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

The crypto markets fell over the last week, the table shows that the total (NWST1100) index dropped by 3.75%.  DeFi placed additional pressure on tokens built on Ethereum because the hype around the Decentralized Finance (DeFi) turned into a sharp fall in September.

Digital Assets decoupling

2100NEWS DA indexes enable us to measure decoupling. Over the last three months,  Ethereum based tokens have decoupled. Much of the sentiment revolved around the fast growth and fall of the DeFi space. Hence, over September when DeFi tokens crashed, they placed selling pressure on tokens built on Ethereum. For instance, the 2100NEWS DA Ethereum Based Index (NWSET100)  experienced a massive fall during the last month (-29.2%).

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. The chart shows that crypto investments are superior over various timespans. This year NWST1100 outperformed W1Dow by 62% while over the last 12 months, NWST1100 was 25% higher. The blue curve is the average index price over the last twelve months. We can see that the NWST1100 spot price is 20.9% higher than twelve months index average price.  This means: If we bought one NWST1100 every day over the last twelve months, our investment is recording 20.9% gains today.

*The box in the middle of the chart shows the original NWST1100 price, at the bottom of the chart is W1Dow. 

 

 

 

 

 


BrankoSeptember 28, 2020
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10min123


Last week, NWST1100 decreased by 3.09%,  the index price tested the support represented by 143-days EMA then has bounced off.  Helium (HNT) Coin is a member of the NWSL100 crypto index that made the biggest jump in our ranking over 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 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 last week had been: the move downward was more likely, the index could test again if the support represented by 143-days EMA would hold. In this case, the index would turn around sharply. The NWST1100 chart shows that assumption was true. The index price had tested support at 940 points during the first four days of the week then bounced off.  At the top we see momentum indicators: PPO lines have flattened, RSI and PPO histogram changed direction.

Outlook for this week

Looking ahead, the Momentum indicators give us the following signals: the RSI is 45 (neutral); PPO lines and PPO histogram bars may continue direction (up) in the coming days.  The Breadth indicators, at the bottom of the chart, may flatten. This constellation is the basis for my opinion: a move upward is more likely, the market could hover in the upper Keltner band.

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

The total (NWST1100) index decreased by 3.09%. The table below shows, that the tokens built on Ethereum represented by 2100NEWS DA Ethereum Based Index (NWSET100)  have recorded the biggest gains since the beginning of August.

Crypto (Digital Assets) compared with global equity

The chart below shows the superiority of crypto investments over various timespans. It 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 NWST1100 outperformed W1Dow by 71% while over the last 12 months, NWST1100 was 39% higher. The blue curve is the average index price over the last twelve months. We can see that the NWST1100 spot price and W1Dow price are above average, but the NWST1100 spot price is 25.1% higher than twelve months index average price. This means: If we bought one NWST1100 every day over the last twelve months, our investment is recording 25% gains today.

*The box in the middle of the chart shows the original NWST1100 price, at the bottom of the chart is W1Dow. 

Indexes Revision 9-25-2020

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 Fantom, Centrality, Curve DAO, … have improved their rankings they were added to NWSL100, they were deleted from NWSM200. Insight Chain, DxChain, IExec RLC, … were deleted from NWSL100, they are new members of NWSM200. New mid-caps are Avalanche, The SandBox, EdgeWare… Other additions and deletions this week for the other indexes from the family are available in each index presentation.

Winner member

In order to make an appropriate peer comparison, we gauged the Helium (HNT) Coin with 2100NEWS Digital Assets 100 Large Cap Index (NWSL100). On average (violet area chart), the relationship between HNT and NWSL100  has shown that it was stronger during August and September. HNT has beaten NWSL100 by 250% over the last three months. However, if we compare the HNT green area graph with the orange index area graph while observing the correlation graph, the correlation graph gives us an explanation that the correlation is not strong (Pearson’s correlation coefficient = 0.66). For 75% of the time, it was moving in the same direction as the NWSL100.  It has been therefore an ordinary representative of the NWSL100 index in terms of price changes.

*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. 

Helium Helium (HNT) Website: https://www.helium.com/

HNT Large Cap Coin is 82nd in the 2100NEWS ranking. It is an Index member: NWST1100, NWSL100, NWSCo100, NWSDM100


2100NEWS DA Orderbook Quality Evaluation Grade: Poor: 13.7 (Average for Largecaps: 17.2)


Over the last week, the average market cap was 75.5 million $, the average daily volume was 11.7 million $.

Launched in July 2019, Helium is a decentralized wireless network that allows low power smart devices to send and receive data to the internet. Miners earn HNT for providing network coverage and relaying data to the internet using hardware called a Hotspot.

*The chart below shows the HNT compared to NWSL100 at the top, the box in the middle of the chart shows the original HNT price, and at the bottom of the chart we see NWSL100 and the correlation between  HNT and NWSL100.


BrankoSeptember 22, 2020
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6min128



Over the last week, NWST1100 increased by 1.67%, the index price tested the resistance represented by 10-days EMA. Buyers were not strong enough. The hype around the Decentralized Finance (DeFi) has calmed down. DeFi tokens crashed and placed additional selling pressure.

*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: a move upward was more likely, the market could move to the upper Keltner band.  The NWST1100 chart shows that the assumption was almost true, the index moved up during the first four days of the week, then the index price tested the resistance represented by 10-days EMA. Buyers were not strong enough. At the top we see momentum indicators: PPO lines, PPO histogram, and RSI are sloping up but Breadth indicators at the bottom have continued a downward trend.

Outlook for this week

Looking ahead, the Momentum indicators give us the following signals: the RSI is 46; PPO histogram bars may change direction in the coming days. At the bottom of the chart, we see the Breadth indicators that may continue falling.  This constellation is the basis for my opinion: the move downward is more likely, the index could test again if the support represented by 143-days EMA holds. In this case, the index will turn around sharply.

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

The crypto markets rose over the last week, the table shows that the total (NWST1100) index increased by 1.67%.  DeFi correction placed additional pressure. on tokens built on Ethereum, because the hype around the Decentralized Finance (DeFi) bull run has calmed down.

Digital Assets decoupling

The breakdown of the market into groups represented by 2100NEWS DA indexes enables us to measure decoupling. Over the last three months,  Ethereum based tokens have decoupled. Much of the optimistic sentiment revolved around the fast growth of the DeFi space. Hence, when DeFi tokens crashed, they placed additional selling pressure on tokens built on Ethereum. For instance. the 2100NEWS DA Ethereum Based Index (NWSET100)  experienced a massive fall during the last three weeks (-31.8%).

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. The chart shows the superiority of crypto investments over various timespans. This year NWST1100 outperformed W1Dow by 73% while over the last 12 months, NWST1100 was 10% higher. The blue curve is the average index price over the last twelve months. We can see that the NWST1100 spot price and W1Dow price are above average, but the NWST1000 spot price is 31.8% higher than twelve months index average price.  This means: If we bought one NWST1100 every day over the last twelve months, our investment is recording 31.8% gains today.

*The box in the middle of the chart shows the original NWST1100 price, at the bottom of the chart is W1Dow. 

 

 

 

 

 


BrankoSeptember 20, 2020
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7min173

CETF (Crypto Exchange Traded Funds) tokens – NWSET, NWSLT NWSBCT, NWSCOT

Our main motivation during the development of 2100CETF (Cryptocurrency Exchange Traded Funds) tokens has been our belief that they are essential for bringing the digital asset economy to traditional wealth management.  Our unique financial background makes 2100CETF also a very suitable investment for institutional investors and savers. 2100CETF  acts as a bridge and increases transaction ease and efficiency.

For those unfamiliar, digital asset-backed tokens are blockchain-based units of value that are pegged to digital assets, such as crypto funds, crypto strategies. Digital Asset-backed token:

  1. offer back-and-forth convertibility,
  2. is an extremely useful financial tool,
  3. enable people to own assets in a liquid form,
  4. is not a synthetic or a derivative – users own the tokens that constitute the capitalization-weighted index.

Enter Digital asset-backed tokens, which are pegged to the price of crypto funds or crypto strategies, have secured a decent place in the industry as well. Nonetheless, one of the most significant categories of digital assets is represented by digital asset-backed tokens.

The characteristics of the 2100CETF are the originality of the design and innovation built into it. As the architects at 2100News, we were driven by the goal to create something to satisfy as many different users as possible. We are proud to have achieved this. The market will now have a product available that works just as well for a regular consumer in the new digital economy as it does for a banking institution that also wants to become a part of the digital future. Traders should also find 2100CETF  as one of the most suitable products to use when they want to react to market situations quickly.

Some of the most successful cryptocurrencies have seen outlandish gains. However, the industry is still surrounded by uncertainty and plagued by heavy volatility. For this reason, many investors would prefer to use a vehicle like a CETF to participate in the cryptocurrency space.

Another benefit of a CETF is that it can be used to track multiple digital tokens at once. The cryptocurrency world is highly compartmentalized, and investors looking to hold a basket of, say, 20 different tokens may have to own and operate multiple wallets and accounts across various digital currency exchanges.

2100CETFs are:

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The 2100CETF is 100% guaranteed by digital currency over-collateralization. It cannot be over-issued, it is completely freely circulated to ensure the stability of the exchange rate.

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The 2100CETF is credible because all tokens are minted by smart contracts.

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All account details are public. You can view pledged assets and transaction flows at any time in the blockchain browser without third-party financial auditing.

  • Fast

2100CETF  performs digital transaction settlement on the Ethereum blockchain, enabling digital asset allocation in real-time, even in the untraditional banking hours.

  • Supported

2100CETFs  want to be one of the most widely used CETF tokens today. You can buy, sell and use 2100CETF tokens on Limitlex.com.

2100CETF tokens information:

  1. 2100CETF tokens are digital asset-backed tokens backed by a basket of crypto strategies on Iconomi. Every 2100CETF asset-backed token is 100% backed by a basket of crypto assets on Iconomi and for every settlement token minted, Iconomi holds digital assets.
  2. 2100CETF is a key component for leveraging the advantages of DLT-based financial infrastructure, including investing more efficiently
  3. 2100CETF can also serve holders of highly volatile cryptocurrencies to simultaneously avoid risk-taking of an individual currency.
  4. 2100CETF can be transferred in real-time, resulting in almost immediate settlement of transactions.
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How to use 2100CETF ?

2100CETF asset-backed token enables all the combinations for entry or exit for any investor or user. Crypto traders and speculators can use the 2100CETF tokens by sending them to the smart contract and convert tokens directly into a strategy on Iconomi or vice-versa. Traditional users can move into 2100CETF  by depositing digital assets or FIAT  on Iconomi

Further information about 2100CETF can be found on http://www.2100news.com

Disclaimer: This document was prepared by 2100News. This document may contain forward-looking statements and may be subject to change. The opinions expressed herein are those of 2100News, its affiliates, and partners at the time of writing. The document is for informational purposes only and contains general material. It does not constitute any advice or recommendation, an offer or invitation by or on behalf of 2100News to purchase or sell assets or securities. It is not intended to be used as a general guide to investing and should be used for informational purposes only. When making an investment decision, you should either conduct your research and analysis or seek advice from an expert to make a calculated decision. The information and analyses contained in this document have been compiled from sources believed to be reliable. However, 2100NEWS makes no representation as to its reliability or completeness and disclaims all liability for losses arising from the use of this information.


BrankoSeptember 15, 2020
CWBN_Live_19_05_2020_com_Stock_market_indices_gain_N36_billion.jpg

11min142


Last week, NWST1100 decreased by 2.16%, after the drop index price bounced off the support S2.  DFI.Money (YFII) Token is a member of the NWSL100 crypto index that made the biggest jump in our ranking over 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 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 last week had been: the move downward was more likely, the index could test again if the support represented by 143-days EMA would hold. In this case, the index would turn around sharply. The NWST1100 chart shows that assumption was true. The index price had tested support at 970 points then bounced off.  At the top we see momentum indicators: PPO lines have flattened, RSI and PPO histogram changed direction.

Outlook for this week

Looking ahead, the Momentum indicators give us the following signals: the RSI is 40 (neutral); PPO histogram bars may continue direction in the coming days. PPO lines may change direction.  The Breadth indicators, at the bottom of the chart, may flatten. This constellation is the basis for my opinion: a move upward is more likely, the market could move to the upper Keltner band.

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

The total (NWST1100) index decreased by 2.16%. The table below shows, that the tokens built on Ethereum represented by 2100NEWS DA Ethereum Based Index (NWSET100)  have recorded the biggest gains over the last week.

Crypto (Digital Assets) compared with global equity

The chart below shows the superiority of crypto investments over various timespans. It 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 NWST1100 outperformed W1Dow by 70% while over the last 12 months, NWST1100 was 10.5% higher. The blue curve is the average index price over the last twelve months. We can see that the NWST1100 spot price and W1Dow price are above average, but the NWST1100 spot price is 28.5% higher than twelve months index average price. This means: If we bought one NWST1100 every day over the last twelve months, our investment is recording 28% gains today.

*The box in the middle of the chart shows the original NWST1100 price, at the bottom of the chart is W1Dow. 

Indexes Revision 9-11-2020

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 Serum, Storj, bZx Protocol, … have improved their rankings they were added to NWSL100, they were deleted from NWSM200. IRISnet, Horizen, SwissBorg, … were deleted from NWSL100, they are new members of NWSM200. New mid-caps are Centrality, Curve DAO, TomoChain… Other additions and deletions this week for the other indexes from the family are available in each index presentation.

Winner member

In order to make an appropriate peer comparison, we gauged the DFI.Money (YFII) Token with 2100NEWS Digital Assets 100 Large Cap Index (NWSL100). On average (violet area chart), the relationship between YFII and NWSL100  has shown that it was stronger during July and August. YFII  has beaten NWSL100 by 340% over the last two months. However, if we compare the YFII green area graph with the orange index area graph while observing the correlation graph, the correlation graph gives us an explanation that the correlation is weak (Pearson’s correlation coefficient = 0.46). For 70% of the time, it was moving in the same direction as the NWSL100.  It has been therefore an ordinary representative of the NWSL100 index in terms of price changes.

*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. 

DFI.Money DFI.Money (YFII) Website: https://dfi.money/

YFII Large-cap Ethereum based Token is 71st in the 2100NEWS ranking. It is an Index member: NWST1100, NWSL100, NWSTo100, NWSET100


2100NEWS DA Orderbook Quality Evaluation Grade: Ordinary: 19 (Average for Largecaps: 16.8)


Over the last week, the average market cap was 157.8 million $, the average daily volume was 468.6 million $.

DFI.Money is a DeFi platform that aims to build products on aggregated liquidity provision, leveraged trading, automated marketing making, developed by yearn.finance which is a decentralized ecosystem of aggregators that utilize lending services such as Aave, Compound, Dydx, and Fulcrum to optimize your token lending. When you deposit your tokens to yearn.finance, they are converted to yTokens, which are periodically rebalanced to choose the most profitable lending service(s). YFII is a fork of YFI project with YIP-8 implementation. The YFII token is the native utility token of the DFI.Money platform. Users can earn it by contributing liquidity to DFI.Money’s aggregated liquidity pool, and use the token for platform governance.

*The chart below shows the YFII compared to NWSL100 at the top, the box in the middle of the chart shows the original YFII price, and at the bottom of the chart we see NWSL100 and the correlation between  YFII and NWSL100.


BrankoSeptember 8, 2020
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6min144



Over the last week, NWST1100 plummeted by 8.17%, the index price tested the support represented by 25-days EMA which did not hold. The moving averages completed a bearish crossover. The index fell more than 20% from the top.

*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 sideways trend was still more likely, the market could linger inside the Keltner channel.  The NWST1100 chart shows that the assumption was false, the index trended sideways during the first four days of the week, then the index price tested the supports represented by 25-days EMA and S1 which did not hold. The moving averages completed a bearish crossover. The index fell more than 20% from the top.  Corrections are healthy, some crypto investors used the recent dip to purchase. Buying against the prevailing short-term trend was not an easy task. However, it will be the right thing if the support represented by 143-days EMA  holds. At the top we see momentum indicators: PPO lines and RSI are sloping down.

The chart below compares the percentage of DA trading above 50 days EMA for:

  1. 100 Large-caps members of NWSL100 (top box)
  2. 1100 members of NWST1100
  3. 100 Ethereum Tokens members of NWSET100
  4. 100 Coins members of NWSCo100 (bottom box)

over the last 10 months. All four A50R lines moved from the red overbought border to green oversold over the last week. *The percentage of digital assets trading above a specific moving average is a breadth indicator that measures internal strength or weakness in the underlying index.

Outlook for this week

Looking ahead, the Momentum indicators give us the following signals: the RSI is 32; PPO histogram bars may continue sloping down in the coming days. At the bottom of the chart, we see the Breadth indicators that may continue falling.  This constellation is the basis for my opinion: the move downward is more likely, the index could test again if the support represented by 143-days EMA holds. In this case, the index will turn around sharply.

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

The crypto markets fell sharply over the last week, the table shows that the total (NWST1100) index plummeted by 8.17%.  Ether led the way down.

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. The chart shows the superiority of crypto investments. This year NWST1100 outperformed W1Dow by 71% while over the last 12 months, NWST1100 was 10.5% higher. 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 spot price and W1Dow price are above average, but the NWST1000 spot price is 34.4% higher than twelve months index average price.  This means: If we bought one NWST1100 every day over the last twelve months, our investment is recording 34% gains today.

 

 

 

 

 


BrankoSeptember 1, 2020
creating-sales-report-open-graph.png

10min178


Last week, NWST1100 increased by 0.14%, index price bounced off the 25-days EMA.  Kusama (KSM) Token is a member of the NWSL100 crypto index that made the biggest jump in our ranking over 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 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 last week had been: the sideways trend was more likely, the market could linger between 1100 25-days EMA  (pink) and 1240 points. The NWST1100 chart shows that assumption was true. The index price had tested 25-days EMA  (pink) support at 1115 points then bounced off.  At the top we see momentum indicators: PPO lines are sloping down, and RSI and PPO histogram changed direction.

Outlook for this week

Looking ahead, the Momentum indicators give us the following signals: the RSI is 58 (neutral); PPO histogram bars may continue direction in the coming days. PPO lines are nearing zero lines (important decision points).  The Breadth indicators, at the bottom of the chart, may flatten. This constellation is the basis for my opinion: the sideways trend is still more likely, the market could linger inside the Keltner channel.

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

The total (NWST1100) index increased by 0.14%. On the table below we can see, that The tokens built on Ethereum represented by 2100NEWS DA Ethereum Based Index (NWSET100)  have recorded the biggest gains over the last week.

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. The chart shows the superiority of crypto investments. This year NWST1100 outperformed W1Dow by 93% while over the last 12 months, NWST1100 was 18.5% higher. 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 spot price and W1Dow price are above average, but the NWST1000 spot price is 48.6% higher than twelve months index average price. This means: If we bought one share every day over the last twelve months, our investment is recording 48% gains today.

Indexes Revision 8-28-2020

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 JUST, Qtum, Ocean Protocol, … have improved their rankings they were added to NWSL100, they were deleted from NWSM200. DxChain, Metaverse DNA, Zcoin, … were deleted from NWSL100, they are new members of NWSM200. New mid-caps are STPAY, DefiChain, Serum… Other additions and deletions this week for the other indexes from the family are available in each index presentation.

Winner member

In order to make an appropriate peer comparison, we gauged the Kusama (KSM) Token with 2100NEWS Digital Assets 100 Large Cap Index (NWSL100). On average (violet area chart), the relationship between KSM and NWSL100  has shown that it was stronger during July and August. KSM has beaten NWSL100 by 237% over the last three months. However, if we compare the KSM green area graph with the orange index area graph while observing the correlation graph, the correlation graph gives us an explanation that the correlation is strong (Pearson’s correlation coefficient = 0.75). For 95% of the time, it was moving in the same direction as the NWSL100.  It has been therefore a good representative of the NWSL100 index in terms of price changes.

*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. 

KusamaKusama (KSM) Website: https://www.irisnet.org/

KSM Large-cap Non-Ethereum based Token is 80th in the 2100NEWS ranking. It is an Index member: NWST1100, NWSL100, NWSTo100, NWSOT50, NWSDM100


2100NEWS DA Orderbook Quality Evaluation Grade: Ordinary: 17.7 (Average for Largecaps: 16.4)


Over the last week, the average market cap was 234.6 million $, the average daily volume was 36.2 million $.

Kusama is an early, unaudited, and unrefined release of Polkadot. Kusama will serve as a proving ground, allowing teams and developers to build and deploy a para chain or try out Polkadot’s governance, staking, nomination, and validation functionality in a real environment.

*The chart below shows the KSM compared to NWSL100 at the top, the box in the middle of the chart shows the original KSM price, and at the bottom of the chart we see NWSL100 and the correlation between  KSM and NWSL100.


BrankoAugust 24, 2020
crypto.jpg

6min172



Over the last week, NWST1100 dropped by 2.81%, the index price has tested the support represented by 10-days EMA. The bulls controlled the index during the first four days of the week. 

*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 next target to watch out for was R2 (7% higher), the market could test the support represented by 10-days EMA (7% lower).  The NWST1100 chart shows that the assumption was true, the bulls controlled the index during the first four days of the week, then the index price has tested the support represented by 10-days EMA.  At the top we see momentum indicators: PPO lines and RSI are sloping down.

Outlook for this week

Looking ahead, the Momentum indicators give us the following signals: the RSI is 58 (neutral); PPO histogram bars may continue sloping down in the coming days. At the bottom of the chart, we see the Breadth indicators that may continue falling.  This constellation is the basis for my opinion: the sideways trend is more likely, the market could linger between 1100 25-days EMA  (pink) and 1240 points.

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

The crypto markets experienced a pullback over the last week, the table shows that the total (NWST1100) index dropped by 2.81%.  The tokens that are not built on Ethereum which are represented by NWSOT50 was the weakest.

Digital Assets decoupling

The breakdown of the market into groups represented by 2100NEWS DA indexes enables us to measure decoupling accurately. Over the last four months,  the tokens built on Ethereum represented by 2100NEWS DA Ethereum Based Index (NWSET100)  had experienced a massive rally during the first three weeks (+27.21%), then one week Ether led the way up, so NWSBE soared (25%) and caught  NWSET100. The third rotation was during August, the NWSET index has soared again. The tokens which are built on Ethereum have decoupled. Their prices did not follow Bitcoin and Ether represented by the NWSBE.

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. We see at the top that this year, crypto investment represented by NWST1000 beat global equity by 89% while over the last 12 months NWST1100 was was 17% higher. 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 spot price and W1Dow price are above average, but the NWST1100 spot price is 48% higher than twelve months index average price. This means: If we bought one NWST1100 every day over the last twelve months, our investment is recording 48% gains today.

 

 

 

 

 



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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