2100NEWS WEEKLY CRYPTO REPORT

In the past week, digital assets declined, total (NWST1100) index by 5.80%. The Fear of Missing Out (FOMO) that recently drove the price above 900 has run out of gas.  EtherZero (ETZ) is the NWSL100 crypto index member which made the biggest jump in our ranking. 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. 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 Fear of Missing Out (FOMO) that recently drove the price above 900 has run out of gas, so digital assets declined in the past week. We can see on the (NWST1100) chart, that 790 points region below the pivot line was reached, as we predicted in the previous weekly crypto report. Generally, we were observing consolidation in the last four weeks.
Looking ahead to the next week, the indicators give us the following signals: we can see that RSI is near 50, the PPO wave could continue direction, PPO histogram could stay negative in the next few days but headed to positive numbers. Breadth indicator McClellan summation index and ADVP a breadth statistic based on Net Advancing Volume are flat. This set up means that is likely expected a sideways trend. 

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

Looking at the table, you can see that Total (NWST1100) index declined by 5.80% 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 average global equity represented by Dow Jones global index W1Dow. This year average crypto vs. W1Dow soared about 75% and with this growth, it replaced all the losses that arose last November. 

 

Indexes Revision 6-7-2019

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 NWSL100 and NWSM200. As we can see on the tables Ether Zero, Aurora have improved their rankings they were added to NWSL100 and deleted from NWSM200. Bytecoin and LUNA were deleted from NWSL100. They are new members of NWSM200. New mid-caps are  Nash Exchange, Harmony, Ecoreal Estate … 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 Ether Zero (ETZ) price performance has soared about 100% vs. average coin or token which is a member of NWSL100 index in the past two weeks.

Ether Zero Ether Zero (ETZ)   

2100NEWS ranking: 85, Large cap, Index member: NWST1100, NWSL100, NWSCo100

EtherZero is a new generation of smart contract platform (public chain) initiated by a group of professional and technical geeks. Its team members are from different countries in the world. EtherZero (ETZ) entity is registered in Singapore. In order to better serve DAPP developers and users, whether it is developing DAPP on the EtherZero chain, deploying smart contracts or user’s service, are all TX fee. In terms of transmission rate, EtherZero uses double-layer network structure, enabling TPS to reach tens of thousands of levels. The application of MasterNode enables EtherZero to achieve instant transmission function.

 


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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