Branko, Author at 2100NEWS

BrankoNovember 24, 2020
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12min95


Last week, NWST1100 soared 13.43%,  the index price hit a new record high. The actions shifted from Bitcoin to altcoins. Coins have led the way up. Curve DAO Token (CRV) is a member of the NWSL100 crypto index that made the biggest jump in our ranking over the last two weeks.

*We gauge the crypto market breadth and direction of the market by showing charts 2100NEWS Digital Assets Total Index (NWST1100) which represents the top 1100 Digital Assets. The information-laden chart is difficult to read at first glance but the chart shows key price information, important decisive price levels, momentum, trading volumes, and crypto market breadth.

 

The previous report showed that our assumption for last week had been: an upward movement was more likely, but the pullback could be 10%. The NWST1100 chart shows that assumption proved to be correct. The index price rallied because the actions shifted from Bitcoin to altcoins. There are periodic rotations when the leader enters a consolidation while others take the lead. At the top we see momentum indicators: PPO lines, RSI, and PPO histogram have risen over the last week.

Three of four A50R lines moved to overbought territory. The current bull phase matures and the commentary turns even more bullish. NWST1100 A50R line shows that there is still room for further growth. Much more Coins and Tokens were involved in the growth, they took the lead, so an upward shift in the crypto markets is wider.

* The percentage of digital assets trading above a specific moving average is a breadth indicator that measures internal strength or weakness in the underlying index. The chart on the right side compares the percentage of DA trading above 50 days EMA for:

  1. 100 Large-caps members of NWSL100 (top box)
  2. 1100 members of NWST1100
  3. 100 Ethereum Tokens members of NWSET100
  4. 100 Coins members of NWSCo100 (bottom box)

Outlook for this week

Looking ahead, the Momentum indicators give us the following signals: the RSI is 90 (extremely overbought and bullish); PPO lines and PPO histogram bars may continue direction (up) in the coming days.  The Breadth indicators, at the bottom of the chart, may continue sloping positively. This constellation is the basis for my opinion: an upward movement is more likely, but fairly large and sudden pullback (10%) is increasingly likely.

Performance of different groups of Digital Assets (Coins and Tokens) 

The total (NWST1100) index soared 13.43%. The table below shows, that the coins represented by the NWSC100 index have recorded the biggest gains over the last week.

Crypto (Digital Assets) compared with global equity

We have already shown the superiority of crypto investments as a new investment class. For the sake of objectivity,  we review various timespans, however, the chart shows that crypto investments are superior over various timespans. The chart compares the performance of the average represented by our NWST1100 Digital Asset index with the average global share represented by the Dow Jones global W1Dow index. Last week a new record high was hit. The Percentage Change Marks on the chart show that this year NWST1100 outperformed W1Dow by 144.7% while over the last 12 months, NWST1100 was 111.3% higher. The blue curve is the average index price over the last twelve months. We can see that the NWST1100 spot price and W1Dow price are above average, but the NWST1100 spot price is 82.2% higher than twelve months index average price. This means: If we bought one NWST1100 every day over the last twelve months, our investment is recording 82.2% gains today.

*The box in the middle of the chart shows the original NWST1100 price, at the bottom of the chart is W1Dow. 

Indexes Revision 11-20-2020

The Bi-weekly revision update both, the amount of each asset publicly available and any additions and deletions from the indexes. On the tables below there are additions and deletions from NWS30, NWSL100, and NWSM200. As we can see on the tables Curve DAO, Helium, and Swissborg have improved their rankings they were added to NWSL100, they were deleted from NWSM200. Celo, Centrality, and Gatechain Token were deleted from NWSL100, they are new members of NWSM200. New mid-caps are district0x, Keep3rV1, Axie Infinity… Other additions and deletions this week for the other indexes from the family are available in each index presentation.

Winner member

In order to make an appropriate peer comparison, we gauged the Curve DAO Token (CRV) with 2100NEWS Digital Assets 100 Large Cap Index (NWSL100). On average (violet area chart), the relationship between CRV and NWSL100  has shown that it was weaker but CRV rebounded.  NWSL100 has beaten CRV over the last three months. However, if we compare the CRV green area graph with the orange index area graph while observing the correlation graph, the correlation graph gives us an explanation that the correlation is weak (Pearson’s correlation coefficient = 0.41). However, 70% of the time, it was moving in the same direction as the NWSL100 but it has been a poor representative of the NWSL100 index in terms of price changes.

*We elect the member of the NWSL100 crypto index with the biggest jump in our ranking. We will look at how the market, rates the progress of the project in case of price changes. It seems important to us whether the project is out of the ordinary tide of crypto project prices. Considering an investor’s point of view, peer comparison should be efficient and effective. 

Curve DAO Token

Curve DAO Token (CRV) Website: https://www.curve.fi/

CRV Large Cap Ethereum based Token is 64th in the 2100NEWS ranking. It is an Index member: NWST1100, NWSL100, NWSTo100, NWSET100, NWSDM100

2100NEWS DA Orderbook Quality Evaluation Grade:  Poor, 16.2 (Average for Largecaps: 17.1)


Over the last week, the average market cap was 99.2 million $, the average daily volume was 84.1 million $.

CRV is a governance token on the Curve platform with time-weighted voting and value accrual mechanisms.

*The chart below shows the CRV compared to NWSL100 at the top, the box in the middle of the chart shows the original CRV price, and at the bottom of the chart we see NWSL100 and the correlation between  CRV and NWSL100.

 


BrankoNovember 20, 2020
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9min125

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

Top movers of the day are Crypto.com and DiFy.Finance. Since 6 pm Crypto.com has surged 21.21% and DiFy.Finance 23.28%. DMM: Governance is 21.02% higher.

The crypto markets finished the day in green. 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 +2.50% and +5.37% (NWSCo100). Our main 2100NEWS Digital Assets Total Index (NWST1100) ended +4.50%. Bitcoin and Ether also ended the day higher: BTC +3.77%, ETH +7.30%.

To find out based on which criteria have been selected, pleasread the notes.

 

DiFy.Finance

DiFy.Finance (YFIII)

2100NEWS ranking: 502, Small cap Ethereum based Token, Index member: NWST1100, NWSS300
2100NEWS DA Orderbook Quality Evaluation Grade: Poor, Score: 3.3, (Average for Small caps: 7.4)

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.

 

Top movers of the day at 18:10 are saffron.finance and Crypto.com. Since 1 pm saffron.finance has surged 31.02% and Crypto.com 22.22%. apM Coin is 22.93% higher.

In the afternoon the coins were still going up. Since 1 pm 2100NEWS DA Coin Index (NWSCo100) which measures their performance has increased by 1.42% (+6.39% as of yesterday EOD). The tokens have stayed almost the same (NWSET100 -0.07%). Our main 2100NEWS Digital Assets Total Index (NWST1100) has increased by 1.39%. Bitcoin and Ether are also higher: BTC +1.95%, ETH +0.12%.

 

MCO

MCO (MCO)

2100NEWS ranking: 204, Mid-cap Ethereum based Token, Index member: NWST1100, NWSM200, NWSET100
2100NEWS DA Orderbook Quality Evaluation Grade: Good, Score: 18, (Average for Tokens: 14.1)

Crypto.com, the pioneering payment and cryptocurrency platform, seeks to accelerate the world’s transition to cryptocurrency. MCO is democratizing blockchain technology by designing beautiful, simple and useful financial services that have a lasting, positive impact on people’s lives. MCO is building an outstanding and defensible platform to solve access and usability challenges in the blockchain industry, and power redefined financial services to improve our customers’ lives.

 

Top movers of the day at 13:10 are Keep3rV1 and saffron.finance. Since 9 am Keep3rV1 has increased by 7.08% and saffron.finance by 15.17%. bZx Protocol is 0.31% lower.

The crypto markets are still up. Since 9 am 2100NEWS DA Indexes which measure the performance of different groups of tokens and coins have increased between 0.74% and 2.92%. Our main 2100NEWS Digital Assets Total Index (NWST1100) is 1.56% higher. Ether has increased by 3.54% and Bitcoin only by 0.50%.

 

saffron.finance

saffron.finance (SFI)

2100NEWS ranking: , Index member: –
2100NEWS DA Orderbook Quality Evaluation Score: 7.3

Saffron is an asset collateralization platform where liquidity providers have access to dynamic exposure by selecting customized risk and return profiles. Existing decentralized earning platforms expose liquidity providers to complex code driven outcomes. Network participants must evaluate an array of catastrophic scenarios where the resulting state could wipe out their holdings or lead to significant impermanent loss. It is hard to anticipate the net effect of extreme market volatility or focused economic attacks. Saffron narrows the set of possible outcomes by giving liquidity providers dynamic exposure.

 

Top movers of the day at 9 am are saffron.finance and Keep3rV1 which has soared 38.71 since midnight.

The table below shows that crypto markets started with considerable gains. The coins (without Bitcoin and Ether) measured by 2100NEWS DA Coin Index (NWSCo100) have led the way up. In the last 24 hours, the 2100NEWS Digital Assets Total Index (NWST1100) which measures the performance of the 1100 major crypto assets by market capitalization, has soared 3.60%, Ether 3.66%, and Bitcoin 2.80%.

 

Keep3rV1

Keep3rV1 (KP3R)

2100NEWS ranking: 523, Small cap Ethereum based Token, Index member: NWST1100, NWSS300
2100NEWS DA Orderbook Quality Evaluation Grade: Good, Score: 10.1, (Average for Small caps: 7.4)

Keep3r Network is a decentralized keeper network for projects that need external devops and for external teams to find keeper jobs.

 


BrankoNovember 17, 2020
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6min98



Over the last week, NWST1100 rose by 4.11%. Much more Coins and Tokens were involved in the growth, so an upward shift in the crypto markets was wider. Over the last two weeks crypto markets experienced broad and massive rally.

*We gauge the crypto market breadth and direction of the market by showing charts 2100NEWS Digital Assets Total Index (NWST1100) which represents the top 1100 Digital Assets. The information-laden chart is difficult to read at first glance but the chart shows key price information, important decisive price levels, momentum, trading volumes, and crypto market breadth. 

The previous report showed, that our assumption for the last week had been: a move upward was more likely, the bullish momentum might lead the market to test the previous high (1.358 points), the index could reach R2 resistance.  The NWST1100 chart shows that the assumption proved to be correct, the index moved up and reached R2. Momentum indicators: PPO lines at the top and Breadth indicators at the bottom are sloping up.

Over the last two months,  Bitcoin and the other markets have decoupled. Their prices did not follow Bitcoin because they were providing fuel for Bitcoins rally.

Chart shows (marked with a pink ellipse) that ten days ago that kind of thing ended.

All four A50R lines moved to neutral. Much more Coins and Tokens are involved in the growth, so an upward shift in the crypto markets is wider.

 

 

 

* The percentage of digital assets trading above a specific moving average is a breadth indicator that measures internal strength or weakness in the underlying index. The chart on the right side compares the percentage of DA trading above 50 days EMA for:

  1. 100 Large-caps members of NWSL100 (top box)
  2. 1100 members of NWST1100
  3. 100 Ethereum Tokens members of NWSET100
  4. 100 Coins members of NWSCo100 (bottom box)

Outlook for this week

Looking ahead, the Momentum indicators give us the following signals: the RSI is 82 (bullish and oversold); PPO lines and Breadth indicators may continue upward direction in the coming days. This constellation is the basis for my opinion: an upward move is more likely, but the pullback could be 10%.

Performance of different groups of Digital Assets (Coins and Tokens)

The table shows that the total (NWST1100) index rose by 4.11%. Over the last two weeks crypto markets experienced broad and massive rally.

Crypto (Digital Assets) compared with global equity

We have already shown the superiority of crypto investments as a new investment class. For the sake of objectivity, we review various timespans, however, the chart shows that crypto investments are superior over various timespans. The chart below compares the performance of the average represented by our NWST1100 Digital Asset index with the average global share represented by the Dow Jones global W1Dow index. The Percentage Change Marks on the chart shows that this year NWST1100 outperformed W1Dow by 117.7% while over the last 12 months, NWST1100 was 63.3% higher. The blue curve is the average index price over the last twelve months. We can see that the NWST1100 spot price is 58.8% higher than twelve months index average price.  This means: If we bought one NWST1100 every day over the last twelve months, our investment is recording 58.8% gains today.

*The box in the middle of the chart shows the original NWST1100 price, at the bottom of the chart is W1Dow. 

 

 

 

 

 


BrankoNovember 10, 2020
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15min114


Last week, NWST1100 soared 15.88%,  the index price hit a new record high. Tokens have rebounded. Nexo (NEXO) Token is a member of the NWSL100 crypto index that made the biggest jump in our ranking over the last two weeks.

*We gauge the crypto market breadth and direction of the market by showing charts 2100NEWS Digital Assets Total Index (NWST1100) which represents the top 1100 Digital Assets. The information-laden chart is difficult to read at first glance but the chart shows key price information, important decisive price levels, momentum, trading volumes, and crypto market breadth. 

The previous report showed that our assumption for last week had been: the sideways trend was more likely, but the index could move downward to Pivot P. The NWST1100 chart shows that assumption proved to be incorrect. The index price had hoovered during the first four days of the week then moved up to R2 and hit a new high as you can see on the left PF chart.  At the top we see momentum indicators: PPO lines, RSI, and PPO histogram have changed direction over the last three days.

Outlook for this week

Looking ahead, the Momentum indicators give us the following signals: the RSI is 77 (oversold and bullish); PPO lines and PPO histogram bars may continue direction (up) in the coming days.  The Breadth indicators, at the bottom of the chart, may slope positively. This constellation is the basis for my opinion: a move upward is more likely, the bullish momentum may lead the market to test the previous high (1.358 points), the index could reach R2 resistance.

Performance of different groups of Digital Assets (Coins and Tokens) 

The total (NWST1100) index soared 15.88%. The table below shows, that the coins represented by the NWSC100 index have recorded the biggest gains over the last week.

Digital Assets decoupling

The breakdown of the market into groups represented by 2100NEWS DA indexes enables us to measure decoupling much more accurately than can do others who do not have the tools in the form of a full range of indexes. Over the last two months,  Bitcoin and the other markets have decoupled. Their prices did not follow Bitcoin because they were providing fuel for Bitcoins rally. The chart on the right side compares the percentage of DA trading above 50 days EMA for:

  1. 100 Large-caps members of NWSL100 (top box)
  2. 1100 members of NWST1100
  3. 100 Ethereum Tokens members of NWSET100
  4. 100 Coins members of NWSCo100 (bottom box)
  5. Bitcoin

Over the last two months except for last week, all four A50R lines were oversold. Although the NWST1100 index price has already risen considerably, all four A50R lines show that there is still a lot of room for further growth (like the last ten days in April). The chart below shows that the Bitcoin price was rising (red trendline) in September and October while the other crypto assets were falling (Tokens green trendline). This claim was rejected over the last three days (marked with a red ellipse).

*The percentage of digital assets trading above a specific moving average is a breadth indicator that measures internal strength or weakness in the underlying index.

Crypto (Digital Assets) compared with global equity

With such a chart, we have already shown the superiority of crypto investments as a new investment class. For the sake of objectivity, the chart shows that crypto investments are superior over various timespans. The chart compares the performance of the average represented by our NWST1100 Digital Asset index with the average global share represented by the Dow Jones global W1Dow index. Last week a new record high was hit. The Percentage Change Marks on the chart shows that this year NWST1100 outperformed W1Dow by 112.9% while over the last 12 months, NWST1100 was 54.6% higher. The blue curve is the average index price over the last twelve months. We can see that the NWST1100 spot price and W1Dow price are above average, but the NWST1100 spot price is 59.6% higher than twelve months index average price. This means: If we bought one NWST1100 every day over the last twelve months, our investment is recording 59.6% gains today.

*The box in the middle of the chart shows the original NWST1100 price, at the bottom of the chart is W1Dow. 

Indexes Revision 11-6-2020

The Bi-weekly revision update both, the amount of each asset publicly available and any additions and deletions from the indexes. On the tables below there are additions and deletions from NWS30, NWSL100, and NWSM200. As we can see on the tables Wrapped Bitcoin and Insight Chain have improved their rankings they were added to NWSL100, they were deleted from NWSM200. Fantom was deleted from NWSL100, it is a new member of NWSM200. New mid-caps are MATH, ForTube, Secret… Other additions and deletions this week for the other indexes from the family are available in each index presentation.

Winner member

In order to make an appropriate peer comparison, we gauged the Nexo (NEXO) Token with 2100NEWS Digital Assets 100 Large Cap Index (NWSL100). On average (violet area chart), the relationship between NEXO and NWSL100  has shown that it was stronger.  NEXO has beaten NWSL100 by 7.36% over the last three months. However, if we compare the NEXO green area graph with the orange index area graph while observing the correlation graph, the correlation graph gives us an explanation that the correlation is weak (Pearson’s correlation coefficient = 0.28). However, 90% of the time, it was moving in the same direction as the NWSL100 but it has been an ordinary representative of the NWSL100 index in terms of price changes.

*We elect the member of the NWSL100 crypto index with the biggest jump in our ranking. We will look at how the market, rates the progress of the project in case of price changes. It seems important to us whether the project is out of the ordinary tide of crypto project prices. Considering an investor’s point of view, peer comparison should be efficient and effective. 

NexoNexo (NEXO) Website: https://www.nexo.io/

NEXO Large Cap Ethereum based Token is 76th in the 2100NEWS ranking. It is an Index member: NWST1100, NWSL100, NWSTo100, NWSET100

2100NEWS DA Orderbook Quality Evaluation Grade:  Poor, 12.3 (Average for Largecaps: 17.1)


Over the last week, the average market cap was 217.0 million $, the average daily volume was 2.9 million $.

Nexo delivers the World’s First Instant Crypto-backed Loans, thus resolving a crucial inefficiency for the crypto world. Up to this very moment, no alternatives existed for digital asset owners to enjoy their crypto wealth except selling them. The innovative model of Nexo brings to the crypto community the best of both worlds – retaining 100% ownership of their digital assets while having immediate access to cash. The Instant Cryptobacked Loans are an automatic, flexible, and cost-efficient way of obtaining liquidity that is secured by the value of the client’s digital assets. The whole process is completed in just a few simple clicks. No hidden fees, no capital gains taxes, no credit checks. Transparency is guaranteed through the use of blockchain technology, smart contracts and algorithmic processes executed by the Nexo Oracle. Nexo delivers the World’s First Instant Crypto-backed Loans, thus resolving a crucial inefficiency for the crypto world. Up to this very moment, no alternatives existed for digital asset owners to enjoy their crypto wealth except selling them. The innovative model of Nexo brings to the crypto community the best of both worlds – retaining 100% ownership of their digital assets while having immediate access to cash. The Instant Cryptobacked Loans are an automatic, flexible, and cost-efficient way of obtaining liquidity that is secured by the value of the client’s digital assets. The whole process is completed in just a few simple clicks. No hidden fees, no capital gains taxes, no credit checks. Transparency is guaranteed through the use of blockchain technology, smart contracts, and algorithmic processes executed by the Nexo Oracle.

*The chart below shows the NEXO compared to NWSL100 at the top, the box in the middle of the chart shows the original NEXO price, and at the bottom of the chart we see NWSL100 and the correlation between  NEXO and NWSL100.


BrankoNovember 3, 2020
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6min122

Market veterans are hesitant to enter the market unless liquidity is sufficient. They know something the rest don’t.

DeFi is booming for many reasons. One of the more important factors behind this boom has been the development of the concept and the emergence of decentralized liquidity pools.

The decentralized liquidity acts as a backbone in refining DeFi space more convenient and efficient. When provided from a wide range of parties whose behavior is deeply uncorrelated, liquidity is fundamentally more robust: it is less likely to evaporate in a crisis and more indicative of a healthy market. Therefore the health of DeFi is largely identical to the health of decentralized liquidity venues.

Decentralized liquidity provisioning is emerging through a mechanism that does not exist in traditional financial markets — automated smart contracts. This is a totally new vector of provisioning liquidity.

What are 2100NEWS DeFi liquidity pools?

Liquidity pools, in essence, are pools of tokens that are locked in a smart contract. Contracts are simply pools of 50% ETH and 50% CETF Tokens. They are used to facilitate trading by providing liquidity, so the users can always trade and they don’t have to wait for another counterparty to show up. There are two players in pool trading. The exchangers, who use the pools to exchange tokens, and the liquidity providers, who offer their liquidity to the exchangers. They earn exchange fees whenever exchangers make use of their liquidity.

Traders buy either asset directly from the contract, causing the prices to move algorithmically. When differences emerge between the algorithmically-determined price offered by the contract and the market price, arbitrageurs close the gap.

Uniswap liquidity pools use a constant product market maker algorithm that makes sure that the product of the quantities of the 2 supplied tokens always remains the same. A pool can always provide liquidity, no matter how large trade is. The main reason for this is that the algorithm asymptotically increases the price of the token as the desired quantity increases. The mechanism through which the price adjustments are made for each token swap on the liquidity pool is termed as Automated Market Maker (AMM).

Whenever someone trades on the exchange, the trader pays a 0.3% fee which is added to the liquidity pool. Since no new liquidity tokens are minted, this has the effect of splitting the transaction fee proportionally between all existing liquidity providers.

Liquidity providers

Anyone can replenish liquidity in the contracts by contributing liquidity to the pools, he would have to add both CETF Tokens and ETF at their current ratio to the Uniswap exchange contract, to maintain the same price for the trading pair. In return they are given tokens from the exchange contract which can be used to withdraw their proportion of the liquidity pool at any time. . This concept of supplying tokens in a correct ratio remains the same for all liquidity providers that are willing to add more funds to the pool. Doing so entitles them to a pro-rata share of the trading fees (0.3% per trade) that accumulate in the contract. The crypto users who stake or store their assets in these liquidity pools to yield more assets or income through the concept of DeFi Yield Farming are known as a liquidity provider.

About interest

The interest in Uniswap could be very high for some trading pairs. The yearly interest of 30+% is not necessarily a rarity. But how can it come to such high-interest values?

  • the field is fairly new, and many still don’t know what liquidity pools are or how high the interest is.
  • Furthermore, providing liquidity comes with risks, since it’s still new and prone to mistakes. A larger mistake in the code could mean total loss for users.
  • Pool trading has advantages when compared to CEXs, all the tokens can be listed fairly easily, there is no KYC requirement and the costs are low when not considering transaction fees. Therefore, many trades on pool trading platforms which generates high interest in the form of fees.

This interest should in theory adjust over time and drop significantly since more investors will want to use them to generate fees. With more liquidity in the pools, the interest rate falls, since the collected fees will be divided on more staked capital.

Key Advantages of Liquidity Pools in DeFi

  • Provides and bootstrap liquidity Providing Network
  • Reduces Liquidity Risks in decentralized finance.
  • Liquidity Providers earn passive income

BrankoNovember 3, 2020
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7min142



Over the last week, NWST1100 fell by 0.64%, the index price moved up during the first four days of the week then it has been hovering near the upper Keltner Channels indicator’s line. Over the last two months,  Bitcoin and the other markets have decoupled. Their prices did not follow Bitcoin because they were providing fuel for Bitcoins rally.

*We gauge the crypto market breadth and direction of the market by showing charts 2100NEWS Digital Assets Total Index (NWST1100) which represents the top 1100 Digital Assets. The information-laden chart is difficult to read at first glance but the chart shows key price information, important decisive price levels, momentum, trading volumes, and crypto market breadth. 

The previous report showed, that our assumption for the last week had been: a move upward was more likely, the bullish momentum might lead the market to test the previous high (1.237 points).  The NWST1100 chart shows that the assumption proved to be incorrect, the index moved up during the first four days of the week, then the index price has been hovering near the upper Keltner Channels indicator’s line. That was a sign that buyers were not strong enough. At the top we see momentum indicators: PPO lines and PPO histogram are sloping down, Breadth indicators at the bottom have changed direction.

Outlook for this week

Looking ahead, the Momentum indicators give us the following signals: the RSI is 66 (bullish); PPO lines may continue direction in the coming days. This constellation is the basis for my opinion: the sideways trend is more likely, but the index could move downward to Pivot P.

Performance of different groups of Digital Assets (Coins and Tokens)

The crypto markets picked up different directions, Bitcoin grew while tokens and coins fell over the last week. The table shows that the total (NWST1100) index fell by 0.64%. Tokens reported the biggest losses.

Digital Assets decoupling

The breakdown of the market into groups represented by 2100NEWS DA indexes enables us to measure decoupling much more accurately than can do others who do not have the tools in the form of a full range of indexes. Over the last two months,  Bitcoin and the other markets have decoupled. Their prices did not follow Bitcoin because they were providing fuel for Bitcoins rally.

The chart on the right side compares the percentage of DA trading above 50 days EMA for:

  1. 100 Large-caps members of NWSL100 (top box)
  2. 1100 members of NWST1100
  3. 100 Ethereum Tokens members of NWSET100
  4. 100 Coins members of NWSCo100 (bottom box)
  5. Bitcoin

over the last 12 months. In the last two months, all four A50R lines were oversold. At the same timespan, the Bitcoin price was rising and the chart below shows that it outperformed the other crypto assets.

*The percentage of digital assets trading above a specific moving average is a breadth indicator that measures internal strength or weakness in the underlying index.

 

Crypto (Digital Assets) compared with global equity

We have already shown the superiority of crypto investments as a new investment class. For the sake of objectivity, we review various timespans, however, the chart shows that crypto investments are superior over various timespans. The chart below compares the performance of the average represented by our NWST1100 Digital Asset index with the average global share represented by the Dow Jones global W1Dow index. The Percentage Change Marks on the chart shows that this year NWST1100 outperformed W1Dow by 96.5% while over the last 12 months, NWST1100 was 42.5% higher. The blue curve is the average index price over the last twelve months. We can see that the NWST1100 spot price is 27.1% higher than twelve months index average price.  This means: If we bought one NWST1100 every day over the last twelve months, our investment is recording 40.2% gains today.

*The box in the middle of the chart shows the original NWST1100 price, at the bottom of the chart is W1Dow. 

 

 

 

 

 


BrankoOctober 27, 2020
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12min155


Last week, NWST1100 soared 12.29%,  the index price moved to resistance R1. The bullish momentum may lead the index to test the previous high. Vitae (VITAE) Coin is a member of the NWSL100 crypto index that made the biggest jump in our ranking over the last two weeks.

*We gauge the crypto market breadth and direction of the market by showing charts 2100NEWS Digital Assets Total Index (NWST1100) which represents the top 1100 Digital Assets. The information-laden chart is difficult to read at first glance but the chart shows key price information, important decisive price levels, momentum, trading volumes, and crypto market breadth. 

The previous report showed that our assumption for last week had been: the sideways trend was more likely, but the index could attempt to move up to R1. The NWST1100 chart shows that assumption proved to be correct. The index price had hoovered during the first four days of the week then moved up to R1.  At the top we see momentum indicators: PPO lines, RSI, and PPO histogram have risen. The chart on the right side compares the percentage of DA trading above 50 days EMA for:

  1. 100 Large-caps members of NWSL100 (top box)
  2. 1100 members of NWST1100
  3. 100 Ethereum Tokens members of NWSET100
  4. 100 Coins members of NWSCo100 (bottom box)

over the last 10 months. All four A50R lines are near the green oversold border. *The percentage of digital assets trading above a specific moving average is a breadth indicator that measures internal strength or weakness in the underlying index.

Outlook for this week

Looking ahead, the Momentum indicators give us the following signals: the RSI is 73 (bullish); PPO lines and PPO histogram bars may continue direction (up) in the coming days.  The Breadth indicators, at the bottom of the chart, may slope positively. The volume profile is an advanced charting Indicator on the left side of the chart. It displays trading activity and gives a clear indication of what was bought and sold at those current levels. It is extremely versatile and can be used for finding areas where we can expect rapid price movements. Although the index price has already risen considerably, all four A50R lines show that there is still a lot of room for further growth (like the last ten days in April). This constellation is the basis for my opinion: a move upward is more likely, the bullish momentum may lead the market to test the previous high (1.237 points), the index could even reach R2 resistance.

Performance of different groups of Digital Assets (Coins and Tokens) 

The total (NWST1100) index soared 12.29%. The table below shows, that the coins represented by the NWSC100 index have recorded the biggest gains over the last week and over the last thirty days.

Crypto (Digital Assets) compared with global equity

With such a chart, we have already shown the superiority of crypto investments as a new investment class. For the sake of objectivity, the chart shows that crypto investments are superior over various timespans. The chart compares the performance of the average represented by our NWST1100 Digital Asset index with the average global share represented by the Dow Jones global W1Dow index. The Percentage Change Marks on the chart shows that this year NWST1100 outperformed W1Dow by 89.1% while over the last 12 months, NWST1100 was 31.7% higher. The blue curve is the average index price over the last twelve months. We can see that the NWST1100 spot price and W1Dow price are above average, but the NWST1100 spot price is 41.8% higher than twelve months index average price. This means: If we bought one NWST1100 every day over the last twelve months, our investment is recording 41.8% gains today.

*The box in the middle of the chart shows the original NWST1100 price, at the bottom of the chart is W1Dow. 

Indexes Revision 10-23-2020

The Bi-weekly revision update both, the amount of each asset publicly available and any additions and deletions from the indexes. On the tables below there are additions and deletions from NWS30, NWSL100, and NWSM200. As we can see on the tables UMA, Gatechain Token, and Vitae have improved their rankings they were added to NWSL100, they were deleted from NWSM200. Helium, Monaco, and JUST were deleted from NWSL100, they are new members of NWSM200. New mid-caps are apM Coin, TITAN, HEX… Other additions and deletions this week for the other indexes from the family are available in each index presentation.

Winner member

In order to make an appropriate peer comparison, we gauged the Vitae (VITAE) Coin with 2100NEWS Digital Assets 100 Large Cap Index (NWSL100). On average (violet area chart), the relationship between VITAE and NWSL100  has shown that it was stronger.  VITAE has beaten NWSL100 by 61.74% over the last three months. However, if we compare the VITAE green area graph with the orange index area graph while observing the correlation graph, the correlation graph gives us an explanation that the correlation is weak (Pearson’s correlation coefficient = 0.09). It was moving in the same direction as the NWSL100. So, it has been an ordinary representative of the NWSL100 index in terms of price changes.

*We elect the member of the NWSL100 crypto index with the biggest jump in our ranking. We will look at how the market, rates the progress of the project in case of price changes. It seems important to us whether the project is out of the ordinary tide of crypto project prices. Considering an investor’s point of view, peer comparison should be efficient and effective. 

VitaeVitae (VITAE) Website: https://www.vitetoken.io/

VITAE Large Cap Coin is 83rd in the 2100NEWS ranking. It is an Index member: NWST1100, NWSL100, NWSCo100

2100NEWS DA Orderbook Quality Evaluation Grade: Poor: 13.9 (Average for Largecaps: 17.3)


Over the last week, the average market cap was 71.5 million $, the average daily volume was 1.1 million $.

Vitae is a Utility token for our Social Rewards Website. Providing ease within the platform for members to create income in the form of Vitae Tokens. This facilitates a need for individuals to create a better lifestyle and prosperity.

*The chart below shows the VITAE compared to NWSL100 at the top, the box in the middle of the chart shows the original VITAE price, and at the bottom of the chart we see NWSL100 and the correlation between  VITAE and NWSL100.

 


BrankoOctober 26, 2020
Izdelek-brez-naslova-4.png

10min182

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

Top movers of the day are Kusama and Kin. Melon has surged by 22.5% since 6 pm.

The crypto markets have rebounded as is illustrated by an adjacent chart that shows the movement of the  NWSBCT Index (Blue Chips) over the last 24 hours. At the same timespan, the 2100NEWS Digital Assets Total Index (NWST1100) which measures the performance of the 1100 major crypto assets by market capitalization, has fallen by 0.88%, Ether even by 3.13% while Bitcoin has increased by 0.34%. The 2100NEWS DA Indexes which measure the performance of various groups of tokens and coins have recorded losses up to 2.65%.

To find out based on which criteria have been selected, pleasread the notes.

MelonMelon (MLN)

2100NEWS ranking: 189, Mid-cap Ethereum based Token, Index member: NWST1100, NWSM200, NWSTo100, NWSET100, NWSDM100
2100NEWS DA Orderbook Quality Evaluation Grade:  Poor, Score: 8.4, (Average for Tokens: 14.4)

Melon, which means “destined to be” in Greek, is blockchain software that attempts to empower participants to set up, manage and invest in technology regulated digital investment funds.

Top movers of the day at 6 pm are YFValue and Kin which has surged by 27.94% since 1 pm. Ether -4.43% has led the way down, so the crypto markets have plunged. Over the last 24 hours, the 2100NEWS Digital Assets Total Index (NWST1100) which measures the performance of the 1100 major crypto assets by market capitalization, has dropped by 2.57%, Bitcoin by 0.62%. The table below shows that the 2100NEWS DA Indexes which measure the performance of various groups of tokens and coins have recorded losses between 0.41% and 3.84% on the day.

To find out based on which criteria have been selected, pleasread the notes.

Kin

Kin (KIN)

2100NEWS ranking: 361, Small cap Ethereum based Token, Index member: NWST1100, NWSS300
2100NEWS DA Orderbook Quality Evaluation Grade: Poor, Score: 3.4, (Average for Small caps: 7.3)

The Kin cryptocurrency is used as money within a digital ecosystem of consumer applications and services. Kin tokens enter circulation via an incentive model referred to as the Kin Rewards Engine, or “KRE,” which rewards the developers that create compelling user experiences with Kin based on their engagement. This offers a software monetization model that incentivizes the adoption of new use cases and creation of value for a cryptocurrency, as well as encouraging the exchange of value between users, as opposed to harvesting user data and attention at no benefit to users themselves.

Top movers of the day at 1 pm are Filecoin and TradeSyscoin which has increased by 4.6% since 10 am. The crypto markets have continued trading sideways. Over the last 24 hours, the 2100NEWS Digital Assets Total Index (NWST1100) which measures the performance of the 1100 major crypto assets by market capitalization, has increased by 0.77%, Bitcoin by 1.58% while Ether has decreased by 0.36%.

UnitradeUnitrade (TRADE)

2100NEWS ranking: 378, Small cap Ethereum based Token, Index member: NWST1100, NWSS300
2100NEWS DA Orderbook Quality Evaluation Grade: Ordinary, Score: 9.3, (Average for Small caps: 7.3)

UniTrade is a completely decentralized trading platform in the DeFi space that is built on top of UniSwap liquidity pools and requires no KYC, no accounts, they have no trading limits.

Top movers of the day at 10 am are Filecoin and Syscoin which has soared 31.02% since midnight. The crypto markets have traded sideways. Over the last 24 hours, the 2100NEWS Digital Assets Total Index (NWST1100) which measures the performance of the 1100 major crypto assets by market capitalization, has increased by 0.47%, Bitcoin by 0.70% while Ether has decreased by 0.48%.

SyscoinSyscoin (SYS)

2100NEWS ranking: 182, Mid-cap, Index member: NWST1100, NWSM200, NWSCo100
2100NEWS DA Orderbook Quality Evaluation Grade:  Ordinary, Score: 13.2, (Average for Coins: 14.6)

As well as a cryptocurrency, Syscoin is meant to be a global network, a distributed ledger, a decentralized database and a blockchain. Aiming to help developers to create and implement decentralized applications as well as enabling the development of custom decentralized marketplaces, Syscoin aims to cut out middlemen of online retail.

 

Filecoin

Filecoin (FIL)

2100NEWS ranking: 44, Large-cap, Index member: NWST1100, NWSL100, NWSCo100
2100NEWS DA Orderbook Quality Evaluation Grade: Ordinary, Score: 17.6, (Average for Large caps: 17.3)

Filecoin is a decentralized storage system that aims to “store humanity’s most important information.” Filecoin is an open protocol and backed by a blockchain that records commitments made by the network’s participants, with transactions made using FIL, the blockchain’s native currency. The blockchain is based on both proof-of-replication and proof-of-spacetime. Filecoin aims to store data in a decentralized manner. Unlike cloud-storage companies like Amazon Web Services or Cloudflare, which are prone to the problems of centralization, Filecoin leverages its decentralized nature to protect the integrity of a data’s location, making it easily retrievable and hard to censor.


BrankoOctober 25, 2020
iStock-935023120.jpg

6min130

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

Top movers of the day are Filecoin and Tap which has soared 30.25% since 10 am.

The crypto markets have traded sideways and ended in the red as is illustrated by an adjacent chart that shows the movement of the  NWSBCT Index (Blue Chips) over the last 24 hours. The 2100NEWS Digital Assets Total Index (NWST1100) which measures the performance of the 1100 major crypto assets by market capitalization, has decreased by 0.45%, Bitcoin by 0.35%, and Ether by 1.15%. The 2100NEWS DA Indexes which measure the performance of various groups of tokens and coins have recorded losses between 0.06% and 1.74%.

To find out based on which criteria have been selected, pleasread the notes.

TapTap (XTP)

2100NEWS ranking: 187, Mid-cap Ethereum based Token, Index member: NWST1100, NWSM200, NWSTo100, NWSET100, NWSDM100
2100NEWS DA Orderbook Quality Evaluation Grade: Extremely Weak, Score: 7.4, (Average for Tokens: 14.4)

Tap is the one-stop-shop for anyone involved or looking to get involved, with Crypto. With an intuitive user interface and broad access to crypto exchanges, the Tap app will make buying and trading cryptocurrencies far more accessible than previously possible.

Top movers of the day at 10 am are Tap and Filecoin which has surged by 22.92% since midnight. The crypto markets have continued trading sideways. Over the last 24 hours, the 2100NEWS Digital Assets Total Index (NWST1100) which measures the performance of the 1100 major crypto assets by market capitalization, has increased by 0.31%, Bitcoin by 0.42% while Ether has decreased by 0.53%. The 2100NEWS DA Indexes which measure the performance of various groups of tokens and coins have recorded losses between 0.52% and 1.18% on the day.

Filecoin

Filecoin (FIL)

2100NEWS ranking: 44, Large-cap, Index member: NWST1100, NWSL100, NWSCo100
2100NEWS DA Orderbook Quality Evaluation Grade: Ordinary, Score: 17.6, (Average for Large caps: 17.3)

Filecoin is a decentralized storage system that aims to “store humanity’s most important information.” Filecoin is an open protocol and backed by a blockchain that records commitments made by the network’s participants, with transactions made using FIL, the blockchain’s native currency. The blockchain is based on both proof-of-replication and proof-of-spacetime. Filecoin aims to store data in a decentralized manner. Unlike cloud-storage companies like Amazon Web Services or Cloudflare, which are prone to the problems of centralization, Filecoin leverages its decentralized nature to protect the integrity of a data’s location, making it easily retrievable and hard to censor.

TitanSwap

TitanSwap (TITAN)

2100NEWS ranking: 239, Mid-cap Non- Ethereum based Coin, Index member: NWST1100, NWSM200, NWSOT50
2100NEWS DA Orderbook Quality Evaluation Grade: Ordinary, Score: 13, (Average for Mid-caps: 11.1)

TITAN is a blockchain based decentralized financial center that provides optimal liquidity solutions for different digital asset category by adaptive bonding curve. It not only provides a user-centered decentralized exchange, but also it is an aggregated liquidity pool that supports order smart routing.


BrankoOctober 24, 2020
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6min128

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

Top movers of the day are TitanSwap and Tap which has soared 33.82% since 10 am.

The crypto markets have continued trading sideways as is illustrated by an adjacent chart that shows the movement of the  NWSBCT Index (Blue Chips) over the last 24 hours. The 2100NEWS DA Indexes which measure the performance of various groups of tokens and coins have recorded gains up to 2.35%. The tokens built on Ethereum represented by 2100NEWS DA Ethereum Based Index (NWSET100) ended +2.35%. The 2100NEWS Digital Assets Total Index (NWST1100) which measures the performance of the 1100 major crypto assets by market capitalization, has risen by 1.28%, Bitcoin by 1.29%, and Ether by 0.29%.

To find out based on which criteria have been selected, pleasread the notes.

TapTap (XTP)

2100NEWS ranking: 187, Mid-cap Ethereum based Token, Index member: NWST1100, NWSM200, NWSTo100, NWSET100, NWSDM100
2100NEWS DA Orderbook Quality Evaluation Grade: Extremely Weak, Score: 7.4, (Average for Tokens: 14.4)

Tap is the one-stop-shop for anyone involved or looking to get involved, with Crypto. With an intuitive user interface and broad access to crypto exchanges, the Tap app will make buying and trading cryptocurrencies far more accessible than previously possible.

Top movers of the day at 10 am are TitanSwap and Polymath which has soared 40.3% since midnight. The crypto markets have traded sideways. Over the last 24 hours, the 2100NEWS Digital Assets Total Index (NWST1100) which measures the performance of the 1100 major crypto assets by market capitalization, has increased by 0.02%, Bitcoin by 0.17% while Ether has decreased by 0.95%.

Polymath Polymath (POLY)

2100NEWS ranking: 174, Mid-cap Ethereum based Token, Index member: NWST1100, NWSM200, NWSET100
2100NEWS DA Orderbook Quality Evaluation Grade: Poor, Score: 13.1, (Average for Ethereum based Tokens: 14.1)

Polymath is creating a global platform for issuing and investing in securities tokens. Polymath’s standard for blockchain security tokens aims to integrate the necessary regulatory requirements into smart contracts and comply with regulations. The project simplifies the legal process of creating and selling security tokens. It establishes a new token standard (ST20) and enforces compliance by whitelisting authorized investors and their Ethereum wallet addresses. The POLY token is used for payments on the platform, which facilitates exchanges between issuers, investors, service providers, and developers.

TitanSwap

TitanSwap (TITAN)

2100NEWS ranking: 239, Mid-cap Non- Ethereum based Coin, Index member: NWST1100, NWSM200, NWSOT50
2100NEWS DA Orderbook Quality Evaluation Grade: Ordinary, Score: 13, (Average for Mid-caps: 11.1)

TITAN is a blockchain based decentralized financial center that provides optimal liquidity solutions for different digital asset category by adaptive bonding curve. It not only provides a user-centered decentralized exchange, but also it is an aggregated liquidity pool that supports order smart routing.



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We are the new economy news hub. 2100NEWS is the professional index, data, and tools provider in the digital asset space, offering Crypto Market Intelligence, providing the perspective you can trust and equipping you with information edge you need to stay ahead. (Real-time data of token issuers and news, analysis and commentary from community.) We are very excited to contribute to the evolution of the industry and build an ecosystem around our offering (the institutional-grade data infrastructure required to enable institutional investments in digital assets). We want our contributions (Contents and Tools on 2100NEWS.com) to be useful for helping investors.


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