November 1, 20185min1272

2100NEWS WEEKLY CRYPTO REPORT

In the world of crypto, information is power. In a market driven by volatility, news and mass psychology, any tool that provides insights into what drives token’s and coin’s prices up and down is a welcome addition to every investor’s arsenal. With the 2100News weekly crypto report, we launch articles which analyze and gauge the entire crypto market. Our analyzing tools are a family of cryptocurrency indexes, 2100NEWS DA (Digital Assets) Indexes which will serve for general insight into crypto markets and measure for their current and past movements.
As you can see at the chart 2100NEWS Digital Assets Total Index (NWST1100) which measures the performance of top 1100 crypto assets by market cap, there is a resistance testing for last week. Technically, from 21st of September, the markets continue to weaken, as October draws to close. Markets continued to trend sideways. So we will keep our eyes on support levels at 720 points at which it is thought that the price will tend to stop and reverse.

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

On the table, you can see that medium-sized digital assets by market capitalization were the best performing group last week. The market cap of each asset spans from $12 million to $70 million USD. NWSM200 gained 5.20% last week. Our total (NWST1100) and overall (NWSOI) indexes are slightly higher than they were before one 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 average global equity represented by Dow Jones global index W1Dow. As you can see crypto has performed better than equity since 12th September.

Indexes Revision 10-26-2018

The weekly revision update both, the amount of each asset publicly available and any additions and deletions from the indexes. On the table below are additions and deletions from NWSL100. Other weekly additions and deletions this week for the other indexes from the family are available here.

Winner new member

We select the new member in NWSL100 with the biggest jump in our ranking. We can see from the chart that in October RVN performed better than average coin or token which is a member of NWSL100 index.

Ravencoin Ravencoin (RVN)

Ravencoin is a blockchain and platform optimized for transferring assets, such as tokens, from one holder to another. Based on the extensive development and testing of the UTXO model of the Bitcoin protocol, Ravencoin is built on a fork of the Bitcoin code. Key changes include a block reward time of one minute, a change in the number of coins issued, but not the weighted distribution schedule and the addition of asset creation and messaging capabilities. Ravencoin is free and open source. All Ravencoin (RVN) are fairly issued and mined publicly and transparently using Proof of Work (POW) using the x16r algorithm which was created for Ravencoin.


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.


CONTACT US

CALL US ANYTIME



Latest posts



Newsletter


    • ethereumEthereum (ETH) $ 3,572.43 1.11%
    • litecoinLitecoin (LTC) $ 94.62 0.41%