Movers of the Day 9-Jan-2024

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

Top movers of the day are HEX and Lido DAO Token which has increased by 8.77% since 7 pm. HEX is 2.38% higher.

The crypto markets finished the day lower as illustrated by an adjacent chart showing the movement of the NWSBCT Index (Blue Chips) over the past 24 hours. 2100NEWS Indices ended between -1.44% and -4.82%. 2100NEWS Total Index (NWST1100) ended -2.03%. Bitcoin ended -1.93%, Ether ended -0.01%.

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 midight. Therefore, it may not accurately represent the current market conditions at the time of your inquiry.

Lido DAO (LDO)

Lido is a liquid staking solution for ETH backed by industry-leading staking providers. Lido lets users stake their ETH – without locking assets or maintaining infrastructure – while participating in on-chain activities, e.g., lending. Lido attempts to solve the problems associated with initial ETH staking – illiquidity, immovability, and accessibility – making staked ETH liquid and allowing for participation with any amount of ETH to improve the security of the Ethereum network.

7:10 p.m. update: Top movers of the day are Marlin and Helium. Since 2 pm Marlin has increased by 8.02%, Helium is 8.15% higher.

The crypto markets trended sideways. In the last 24 hours the mid caps measured by 2100NEWS 200 Mid Cap Index (NWSM200) have fallen by 2.79%. The large caps represented by 2100NEWS 100 Large Cap Index (NWSL100) have decreased by 0.72%. Ether has fallen by 1.59% while Bitcoin has increased by 2.71%.

Helium (HNT)

Launched in July 2019, Helium is a decentralized wireless network that allows low-power smart devices to send and receive data to the internet. Miners earn HNT for providing network coverage and relaying data to the internet using Hotspot hardware.

Top Movers of the Day (at 2 p.m. update):

• HEX and Helium: These cryptocurrencies have grown over the past 24 hours.
• Marlin has risen by 8.27% since the morning update.

Overview: The cryptocurrency market has shown consolidation following its positive reaction to the SEC’s upcoming decision on spot Bitcoin ETF approvals. Bitcoin, in particular, led a significant rally the previous day.  NWSBCT Index for Blue Chips: Focusing on the more established cryptocurrencies, colloquially known as the “Blue Chips.” The index saw an impressive surge over the last 24 hours, culminating in a peak before entering a consolidation phase. Despite some fluctuations, the index has successfully retained its gains. The 2100NEWS Indices, which track the performance of various groups of tokens and coins, have reported losses ranging from -1.42% to -4.37% since midnight. 2100NEWS Total Index (NWST1100): Representing a broad spectrum of the crypto market, this index tracks 1100 significant cryptocurrencies based on their market cap. It has surged by 1.81% in the last 24 hours. This growth reflects the broader market sentiment and investor confidence in the lead-up to the SEC’s announcement. Bitcoin and Ether: Bitcoin has notably outperformed, registering a 3.31% surge, contributing significantly to the market’s upward trend. On the other hand, Ether has experienced a more modest rise of 0.85% during the same period.

Marlin (POND)

Marlin is an open protocol that provides high-performance programmable DeFi and Web 3.0 network infrastructure. The nodes in the Marlin network, called Metanodes, operate the MarlinVM, which provides a virtual router interface for developers to deploy customized overlays and perform edge computations.

Top Movers of the Day (at 9 a.m. update):

• Rootstock Infrastructure Framework and Helium: These cryptocurrencies have grown over the past 24 hours. Helium has surged by 21.27% since midnight.

Overview: The cryptocurrency market is abuzz with speculation as the SEC’s anticipated decision on approving spot Bitcoin ETFs approaches. The market reacted positively to the potential announcement, set for January 8th, with Bitcoin spearheading a significant rally. The market’s response underscores the potential impact of the SEC’s pending decision, which could represent a pivotal moment for the cryptocurrency sector.

1.  NWSBCT Index for Blue Chips: Focusing on the more established cryptocurrencies, colloquially known as the “Blue Chips.” The index saw an impressive surge over the last 24 hours, culminating in a peak before entering a consolidation phase. Despite some fluctuations, the index has managed to hold onto its gains.
2. 2100NEWS Total Index (NWST1100): Representing a broad spectrum of the crypto market, this index tracks 1100 significant cryptocurrencies based on their market cap. It has soared 4.67% in the last 24 hours. This growth reflects the broader market sentiment and investor confidence in the lead-up to the SEC’s announcement.
3. Bitcoin and Ether: Bitcoin has notably outperformed, registering a 6.69% surge, which has contributed to the market’s upward trajectory. In comparison, Ether has also seen a significant rise, albeit less than Bitcoin, at 3.81% over the last 24 hours.

Rootstock Infrastructure Framework (RIF)

RIF aims to create the building blocks to construct a fully decentralized internet. All RIF services are designed to facilitate the interaction of the global developers and blockchain technology community.