Tokens and coins that moved the most in the last 24 hours:
Top movers of the day are DiFy.Finance and OMG Network which has increased by 2.67% since 7 pm. DiFy.Finance is 13.08% lower.
In the evening the crypto markets fell again and finished the day deep 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 -8.76% and -14.97% (NWSOT50). 2100NEWS Digital Assets Total Index (NWST1100) ended -10.25%. Bitcoin ended -8.32%, Ether ended -9.69%.
To find out based on which criteria movers have been selected, please read the notes.
OMG Network (OMG)
The OMG Network is the quickest and most affordable way to transfer ETH and ERC20 tokens globally, without restrictions. Using the OMG Network, individuals and businesses can transact on a financial infrastructure that’s several times faster, 1/3rd the cost, and as secure as the Ethereum Network — while retaining full autonomy over their funds and keys. The Network scales by centralizing transaction processing and remains safe by decentralizing security. They are a medium-sized enterprise with over 50 employees located around the world. OMG Network offices are located in Thailand, Singapore, Japan, and Poland. Established in 2017 under the brand name OmiseGO, the rebranded OMG Network is a subsidiary of SYNQA.
Top mover of the day at 19:10 is DiFy.Finance: +158.14% as of 2 pm. Adventure Gold has surged 26.36% and OMG Network 28.83%.
In the afternoon the crypto markets stopped falling but nevertheless they are still deep down. Since yesterday’s closing 2100NEWS DA Indexes have dropped between 7.58% and 12.67%. 2100NEWS Digital Assets Total Index (NWST1100) has fallen by 8.89%. Bitcoin and Ether are more than 7% lower: BTC -7.62%, ETH -7.52%.
DiFy.Finance is part of the larger trend of decentralized finance: an industry that is focused on building decentralized financial instruments on top of existing smart-contract-enabled cryptocurrencies. These instruments include cryptocurrency lending, insurance, decentralized exchanges and other use cases.
The day’s top movers (at 2 pm) are Centrality and TROY, rising by 17.94% since 9 am.
The crypto markets have continued a sharp decline. On the day, the 2100NEWS DA Indexes, which measure the performance of various groups of tokens and coins, reported losses between -8.24% and -14.39%. Over the last 24 hours, the 2100NEWS Digital Assets Total Index (NWST1100), which measures 1100 major (by market capitalization) crypto assets’ performance, has plummeted by 9.69%, Ether 9.16%, and Bitcoin by 8.08%
Troy Trade is a global prime broker specialized in crypto trading and asset management. We provide crypto brokerage services for institutional clients and professional traders with revolutionary products, including spot & margin trading, derivatives, data, custody, lending, and staking in one account.
The day’s top movers (at 9 am) are Centrality and TROY. COVER Protocol has soared 44.32% since midnight.
The crypto markets plummeted this morning. On the day, the 2100NEWS DA Indexes, which measure the performance of various groups of tokens and coins, reported losses between -4.26% and -7.77%. Over the last 24 hours, the 2100NEWS Digital Assets Total Index (NWST1100), which measures 1100 major (by market capitalization) crypto assets’ performance, has plunged by 6.89%, Ether even 7.24%, and Bitcoin by 5.17%
COVER Protocol (COVER)
Cover Protocol provides peer-to-peer coverage with fungible tokens. It lets the market set coverage prices as opposed to a bonding curve. The process starts when market makers (MMs) deposit collateral to cover a product. MMs will receive two types of fungible cover tokens in exchange for their deposit. MMs can choose to sell the fungible token(s) to earn a premium or provide liquidity in an order book with the fungible token(s). Coverage seekers can then buy the coverage they need. Cover Protocol allows DeFi users to be protected against smart contract risk. It stabilizes the turbulent DeFi space by instilling confidence and trust between protocols and their users. By bridging the gap between decentralized finance and traditional finance, Cover Protocol will open the doors of DeFi to all investors.