Tokens and coins that moved the most in the last 24 hours:
Top movers of the day are Eminer and Wing Finance. Since 8 pm Eminer has increased by 8.46% and Wing Finance by 10.34%. cVault.finance is 3.27% higher.
In the evening the crypto markets went down again and finished the day in red. Today’s crypto market movement is illustrated by an adjacent chart showing the movement of the NWSBCT Index (Blue Chips) over the past 24 hours. 2100NEWS DA Indexes ended between -1.33% and -5.18%. The large caps measured by 2100NEWS Digital Assets 100 Large Cap Index (NWSL100) ended -4.01%. Our main 2100NEWS Digital Assets Total Index (NWST1100) ended -2.32%. Bitcoin and Ether also ended the day lower: BTC -1.05%, ETH -2.49%.
To find out based on which criteria have been selected, please read the notes.
Wing Finance (WING)
Wing has designed a DeFi platform dedicated to the digital asset lending market, supporting cross-chain collaboration between various DeFi products. This platform is currently being built out. Wing’s decentralized governance model and risk control mechanism intends to promote a equally beneficial relationship between borrowers, creditors, and guarantors. In addition, Wing displays a truly innovatibe credit evaluation module as an example of credit-based DeFi.
Top mover of the day at 20:10 are Ampleforth which has surged 25.77% since 4 pm. cVault.finance has increased by 9.38% and Utrust by 5.10%.
Generally, the crypto markets are slightly higher but still about 1.50% lower than yesterday EOD. Since 4 pm the large caps measured by 2100NEWS Digital Assets 100 Large Cap Index (NWSL100) have increased by 0.52%. The micro caps represented by 2100NEWS Digital Assets 500 MicroCap Index (NWSMi500) are 0.21% higher. Our main 2100NEWS Digital Assets Total Index (NWST1100) has increased by 0.33%. Bitcoin and Ether are also higher: BTC +0.18%, ETH +0.31%.
Ampleforth describes itself as smart commodity money. It is chain-agnostic and reportedly less-correlated to Bitcoin and other digital assets.
Top movers of the day at 4 pm are QuickX Protocol and cVault.Finance which has surged by 21.05% since 11 am.
The crypto markets have rebounded. In the last 24 hours, the 2100NEWS Digital Assets Total Index (NWST1100) which measures the performance of the 1100 major crypto assets by market capitalization has plummeted by 5.50%, Bitcoin by 3.26%, and Ether by 6.28%. On the day the 2100NEWS DA Indexes which measure the performance of different groups of tokens and coins have recorded losses between 0.97% and 3.81% (NWSET100 – tokens built on Ethereum).
QuickX Protocol (QCX)
QuickX is a novel protocol designed specifically to cure the many fatal flaws that are hindering the mass adoption of Cryptocurrencies today. It performs transactions off the chain for same Blockchain assets and utilizes pooling facilitators who supply liquidity for cross chain transfers of crypto assets. Through this, it accelerates the transaction speed greatly, dissolves the interoperability problem between different Cryptocurrencies, relieves the transaction fees and also solves the issue of scalability.
Top movers of the day at 11 am are cVault.Finance and UTrust which has soared 31.87% since midnight. The crypto markets have plummeted, Ether has led the way down. Over the past 24 hours, the 2100NEWS Digital Assets Total Index (NWST1100) which measures the performance of the 1100 major crypto assets by market capitalization has plunged by 6.25%, Bitcoin by 3.75%, and Ether by 7.54%. On the day the 2100NEWS DA Indexes which measure the performance of different groups of tokens and coins have recorded losses between 1.73% and 5.43% (NWSET100 – tokens built on Ethereum).
The UTRUST platform aims to provide the consumer protection that buyers take for granted in traditional online purchases – acting as a mediator, resolving conflicts and enabling the possibility of refunds to mitigate fraud, while shielding the merchant from crypto-market volatility. The project wants to enable fast transactions, lower fees, and low cross-border transaction friction, enabling merchants to sell to a growing worldwide audience of crypto-holders. The project aspires to ‘build a payment API for marketplace integration that will become the crypto-equivalent of PayPal’.