Movers of the Day 12-Jan-2024

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

Top movers of the day are WINkLink and FTX Token. Since 7 pm WINkLink has increased by 6.44%, FTX Token is 3.31% higher.

The crypto markets finished the day in deep red as illustrated by an adjacent chart showing the movement of the NWSBCT Index (Blue Chips) over the past 24 hours. 2100NEWS Indices ended between -% and -%. 2100NEWS Total Index (NWST1100) ended -6.75%. Bitcoin ended -8.45%, Ether ended -4.28%.

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.

FTX Token (FTT)

FTX is owned by FTX Trading LTD, a company incorporated in Antigua and Barbuda. Alameda Research, a cryptocurrency liquidity provider, incubated FTX. On November 11, 2022, and November 14, 2022, FTX Trading Ltd. and 101 affiliated debtors (collectively, the “Debtors”) each filed a voluntary petition for relief under Chapter 11 of the United States Bankruptcy Code in the United States Bankruptcy Court for the District of Delaware. Exhibit(s) (Notice of Filing Hearing Presentation) Filed by FTX Trading Ltd.. (Attachments: # 1 Exhibit A)

7:10 p.m. update: Top mover of the day is WINkLink which has surged 20.02% since 2 pm. Helium has increased by 2.19% while NYM has decreased by 5.30%

In the afternoon the crypto markets fell significantly. Since 2 pm 2100NEWS Indices which measure the performance of different groups of tokens and coins have fallen between 2.24% and 4.13%. 2100NEWS Total Index (NWST1100) is 3.86% lower. Ether has fallen by 2.25%, Bitcoin even by 4.82%.

WINkLink (WIN)

WINkLink is a decentralized oracle network running on the TRON network. Decentralization reduces the need for trust among parties to the contract. WINkLinkk ensures the security of the entire procedure of smart contracts execution, including obtaining data from off-chain sources. This is the prerequisite for connecting smart contracts to the real world and taking the place of traditional digital contracts.

2:10 p.m. update: Top movers of the day are NYM and Horizen which has increased by 8.23% since 9 am. NYM is 5.98% higher.

The crypto markets trended sideways. In the last 24 hours the large caps measured by 2100NEWS 100 Large Cap Index (NWSL100) have fallen by 3.25%. The mid caps represented by 2100NEWS 200 Mid Cap Index (NWSM200) have decreased by 0.66%. Bitcoin is 3.29% lower while Ether has increased by 0.10%.

Horizen (ZEN)

Horizen is a blockchain platform with a leading-edge privacy technology that provides everyone with privacy and complete control of their digital footprint. The Horizen platform enables real-life uses beyond our currency including the ability to privately chat with other people. Soon, Horizen will enable you to publish information and go anywhere on the web, all with complete privacy.

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

• Bitcoin Gold and ConstitutionDAO: These cryptocurrencies have grown over the past 24 hours. ConstitutionDAO has surged by 20.66% since midnight.

Overview: The crypto market has been quite active, especially with the recent introduction of Spot Bitcoin ETFs. There was a significant spike in value before the U.S. capital markets opened, likely driven by the anticipation of this new trading opportunity. However, the spike was followed by a sharp decline, a pattern often seen when initial excitement leads to profit-taking. The market has entered a consolidation phase, with prices showing less volatility as traders and investors consider their next moves amid the market’s uncertainty.

1.  NWSBCT Index for Blue Chips: Focusing on the more established cryptocurrencies, colloquially known as the “Blue Chips.” The index has shown movements consistent with the overall market, reflecting both the spike and subsequent consolidation.
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 slightly increased by 0.23% in the last 24 hours.
3. Bitcoin and Ether: Ether has modestly increased by 0.49%, while Bitcoin has slightly decreased by 0.25% over the same period.

ConstitutionDAO (PEOPLE)

Constitution DAO was an experiment that has now been dissolved. In November 2021, a group of web3-enthusiasts gathered as a decentralized autonomous organization with the shared objective of buying a copy of the U.S. Constitution at a Sotheby’s Auction. There are only 13 original physical copies of the U.S. Constitution in existence, which meant that this auction sparked a competitive bidding battle. Even though the group raised well over $40 million in ETH, it ultimately fell short. It was outbid by Ken Griffin, a billionaire hedge fund manager and CEO of Citadel.