Movers of the Day 30-Dec-2023

Tokens and coins that moved the most in the last 24 hours:

Top movers of the day are Internet Computer and Creditcoin. Since morning Internet Computer has surged 17.14%, Creditcoin has increased by 3.77%.

The crypto markets finished the day in green as illustrated by an adjacent chart showing the movement of the NWSBCT Index (Blue Chips) over the past 24 hours. The large caps measured by 2100NEWS 100 Large Cap Index (NWSL100) ended +0.45%. Our main 2100NEWS Total Index (NWST1100) ended +0.61%. Ether ended +0.26%, Bitcoin ended +0.92%.

The criteria upon which these specific cryptocurrencies and indices have been highlighted are detailed in supplemental notes. The provided data offers a snapshot of the last 24 hours until midnight. Therefore, it may not accurately represent the current market conditions at the time of your inquiry.

Internet Computer (ICP)

The Internet Computer is an entirely novel public blockchain that can run at web speed and scale without bounds. The Internet Computer is created by a decentralized protocol (ICP) that weaves together the compute capacity of node machines running at independent data centers across the globe. The Internet Computer is the world’s first blockchain where web experiences can be built with smart contracts (canisters) served directly to end-users in a browser. This creates a completely novel playground to build hyperscale, mass-market services, all on-chain. The world’s most popular social apps, e-commerce sites, DeFi platforms, and even enterprise systems can all be reimagined as open services run with tokenized governance.

Top movers of the day are LCX and Creditcoin which has surged 18.77% since midnight. LCX is 13.42% higher. Bitcoin SV has increased by 5.44%.

The crypto markets moved higher today. Since midnight 2100NEWS Indices which measure the performance of different groups of tokens and coins have increased up to 1.02%. Our main 2100NEWS Total Index (NWST1100) which measures the performance of the major 1100 crypto assets by market capitalization is 0.59% higher. Similarly, Ether has increased by 0.61%, Bitcoin by 0.47%.

LCX (LCX)

LCX, the Liechtenstein Cryptoassets Exchange, aims to become one of the world’s first licensed and supervised security token exchanges. The initial product is LCX Terminal, a crypto trading desk to trade on significant crypto exchanges within a single interface. In November 2018, LCX claimed to have been granted a Business License from the Liechtenstein Ministry of Economic Affairs. LCX AG was founded in April 2018 and is headquartered in the Principality of Liechtenstein.

Creditcoin (CTC)

Launched by a team based in the US, Canada, South Korea, Nigeria, and Estonia, Creditcoin aims to address the lack of a credit system among the unbanked in the emerging market. People who cannot access the banking system have to borrow from non-banks. However, banks do not accept non-bank credit records since they cannot trust the data. The project aims to solve the problem by recording credit transaction history objectively on a public blockchain.

Bitcoin SV (BSV)

Bitcoin SV stands for Satoshi Vision. Stemming from Bitcoin Cash, BSV is a hard fork (community-activated update to the protocol or code) established as distinct from BCH after the network upgrade scheduled for November 15th, 2018, resulting in a hash war determining the chains would be split. According to their website, the Bitcoin SV project is primarily backed by CoinGeek Mining, with development work by nChain.