Tokens and coins that moved the most in the last 24 hours:
Top movers of the day are Anchor Protocol and Synthetix. Since morning Anchor Protocol has surged 46.48%, Synthetix 37.92%. Celsius has increased by 20.48%.
During the day the crypto markets were increasing and finished much higher. 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 +3.29% and +5.86%. Our main 2100NEWS Digital Assets Total Index (NWST1100) ended +5.43%. Bitcoin ended +4.61%, Ether ended even +9.14%.
Please read the notes to find out which criteria have been selected.
Anchor Protocol (ANC)
Anchor Protocol is a lending and borrowing protocol on the Terra blockchain. It uses an over-collateralized architecture to allow users to lend, borrow and earn interest with their digital assets. Anchor is a savings protocol on the Terra blockchain that enables fast withdrawals and pays depositors a low-volatility interest rate, which is amongst the highest among stablecoins at ~19.5%. Anchor makes deposits available to borrowers who pledge liquid-staked PoS assets, bLUNA and bETH, as security.
Synthetix, formerly Havven, is a cryptoasset backed network that enables the creation of on-chain synthetic assets. Synthetix is a decentralized payment network where users transact directly in a price-stable cryptocurrency. Those who use the stablecoin pay fees to those who collateralize the network, compensating them for the risks of providing collateral and stability. Collateral providers control the money supply, and fees are distributed in proportion to each individual’s stabilization performance. Thus, Synthetix rewards suppliers with stability and charges those who demand it.
Top movers of the day are Biconomy and Storj. Since midnight Biconomy has increased 8.26%, Storj 8.91%. Origin Protocol is 7.03% higher.
This morning the crypto markets were on the same levels as they were yesterday EOD. In the last 24 hours 2100NEWS DA Indexes which measure the performance of different groups of tokens and coins have decreased between 1.61% and 3.31%. Our main 2100NEWS Digital Assets Total Index (NWST1100) which measures the performance of the major 1100 crypto assets by market capitalization has fallen by 2.87%. Bitcoin and Ether have fallen more than 3%: BTC -3.26%, ETH -3.42.
Biconomy is the multi-chain transaction infrastructure for the next-generation Web 3.0 applications. Through Biconomy’s powerful and easy-to-use APIs, developers can enable a simple and customized user journey so that their end-users don’t get frustrated by blockchain complexities. By solving key pain points at the crypto transactional layer, Biconomy is on a mission to bring the familiarity of web 2.0 to simplify Web 3.0 experiences that will drive mass adoption.
Origin Protocol (OGN)
Origin is an open-source platform that enables the creation of peer-to-peer marketplaces and e-commerce applications. The Origin Platform initially targets the global sharing economy, allowing buyers and sellers of fractional use goods and services (car-sharing, service-based tasks, home-sharing, etc.) to transact on the distributed, open web. Using the Ethereum blockchain and Interplanetary File System (IPFS), the platform and its community participants can interact peer-to-peer, allowing for the creation and booking of services and goods without traditional intermediaries.
Storj (pronounced: storage) aims to become a cloud storage platform that can’t be censored, monitored, or have downtime. It is the first decentralized, end-to-end encrypted cloud storage platform. Storj’s core technology is an enforceable, peer-to-peer storage contract. It’s a way for two people (or computers) to agree to exchange some amount of storage for money without knowing each other. We call the computer selling space, the “farmer,” and the computer purchasing space the “renter.” The renter and farmer meet, negotiate an agreement, and move data from the renter to the farmer for safekeeping.