Written by on April 1, 2019

In the last week, markets were slightly higher. Total (NWST1100) index increased by 2.75%. The biggest jump in our ranking made Enigma(ENG). In the 2100News weekly crypto report, we try to understand why the crypto universe is as it is in order to understand where we go.  We gauge the crypto market breadth and direction of the market by showing charts 2100NEWS Digital Assets Total Index (NWST1100) which represent top 1100 Digital Assets. 

We can see on the (NWST1100) chart, markets were slightly higher, they went down four days but rallied last three days in the last week.   

Looking ahead to the next week. The indicators give us the following signals: we can see that RSI is bullish again. PPO and PPO histogram waves could be positive in the next few days. Breadth indicator McClellan summation index is rising again. This set up means that we expect markets to go up to the target near 500 points (3%). Red dashed line is strong resistance on the way up. 

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

On the table below, you can see that Tokens based on Ethereum represented by 2100NEWS DA Ethereum Tokens Index (NWSET100), has been the best performing index last two weeks, YTD … In the last 30 days, it surged by more than 40%, fueled by the momentum demonstrated by the most important member of NWSET100 is Binance (BNB), a blockchain network developed by the world’s largest cryptocurrency exchange. 

Total (NWST1100) index increased by 2.75% last week.

Looking at the chart below we can see that 2100NEWS Digital Assets 500 MicroCap Index (NWSMi500) bounced up like Ethereum Tokens with very high returns last three months.

 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 since November 13th crypto has lost the ground vs. global equity. This year average crypto vs. W1Dow lost about 1% but last two months crypto had better performance than global equity. 

Indexes Revision 3-29-2019

The 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 Enigma has improved its rankings it was added to NWSL100 and deleted from NWSM200. Aelf was deleted from NWSL100. It is a new member of NWSM200. New mid-caps are Everex, Celer Network, Cred… Other weekly additions and deletions this week for the other indexes from the family are available here.


Winner member

We select the member in the NWSL100 crypto index with the biggest jump in our ranking. We can see from the chart that Enigma (ENG) has performed better than average coin or token which is a member of NWSL100 index, after the blog post about Secret Nodes and details of stacking requirements its price performance has soared by about 60% vs. NWSL100.

Enigma Enigma (ENG)  

2100NEWS ranking: 64, Large cap Ethereum based Token, Index member: NWST1100, NWSL100, NWSTo100, NWSET100

Enigma (ENG) is a crypto platform that’s trying to solve the problem of privacy on the blockchain by giving access to data storage and privacy while remaining scalable. Enigma aims to extend Ethereum Smart Contracts by introducing secret contracts. Secret contracts would operate off-chain, meaning the execution of the contract doesn’t occur on the Ethereum blockchain, but rather sorts any related data into pieces, encrypts those pieces, and distributes them redundantly among Enigma nodes.


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