2100NEWS Weekly Crypto Report Archives - 21000NEWS

BrankoJanuary 7, 2019

8min47

In the 2100News weekly crypto report, we analyze and gauge the entire crypto market with 2100NEWS DA (Digital Assets) Indexes, Factor Indexes, and Crypto Market Breadth Indicators. Why should we even measure it? What is the ultimate goal? To understand why the crypto universe is as it is. In order to understand what we do, why we do as we do and where we go. The human being is since the prehistory, a researcher who wanted to know how things work, what is beyond what we see and know? There is something beyond that when we discover the laws of the functioning of the crypto universe in which we find ourselves.

In the last Weekly Crypto Report, I said that sideways trend will last for at least a couple of days and a very good indication would be if you see positive PPO and higher ADVL and Mc Clellan Summation Index. That happened. Sideways price action last ten days was due to the fact that the market did not have the energy (momentum) to become bullish (RSI <60). Technically, as you can see on the above chart and left PF chart 2100NEWS Digital Assets Total Index (NWST1100),  inverse head and shoulders, bullish prediction pattern was forming. Redline (neckline) is an important support.

Looking ahead to next week. The market is always moving in the waves, the wave of PPO histogram shows that it can follow a few days of an extended positive wave because PPO headed into positive. Positive volume outweighs negative volume, that shows the buyers think that this is a buying opportunity. We use a combination of several methods and look for confluence. ADVL and McClellan summation index – Breadth indicators are slightly growing. Therefore, for the next few days, there is a greater likelihood that index value will move up to the target which is marked on the chart above. On the downside, there are supports between 420 and 440 points.

 

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

Last week we saw consolidation in crypto markets. On the table below, you can see that two indexes with the highest volatility Coins (NWSCo100) and big-sized digital assets by market capitalization were the worst performing group last week. Total (NWST1100) index decreased by 1.1% last week.

 

Crypto (Digital Assets) compared with global equity

On the chart below, the performance of the average Digital Aset represented by our NWST1100 index is compared with average global equity represented by Dow Jones global index W1Dow. As you can see since November 13th crypto has lost the ground vs. global equity. Last week crypto vs. W1Dow stayed at the same levels. 

 

Indexes Revision 1-4-2019

The 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 NWSL100 and NWSM200. As we can see on the tables that two groups changed their membership. Buggyra Coin, Dentacoin, Veritaseum, and Linkey have improved their rankings they were added to NWSL100 and deleted from NWSM200. ETERNAL TOKEN, Tenx, Bitcoin Private, and QuarkChain were deleted from NWSL100. They are new members of NWSM200. New mid-caps are Paragon, SounDac, Mobius… Other weekly additions and deletions this week for the other indexes from the family are available here.

 

Winner member

We select the new member in NWSL100 crypto index with the biggest jump in our ranking. We can see from the chart that Buggyra Coin Zero  (BCZERO) has performed better than average coin or token which is a member of NWSL100 index. 

Buggyra Coin Zero Buggyra Coin Zero 

2100NEWS ranking: 81, Large cap Ethereum based Token, Index member: NWST1100, NWSL100, NWSTo100, NWSET100

BCZERO Coin is a platform for the future of funding for all kind of payments to the Truck Racing Community worldwide that is built on Top of the Ethereum blockchain. It will act as a payment platform for payment of Racing Series and Racing Events in China, India, Europe, Asea and South America, as well as for Sponsorships, Merchandising, and Racing Fans.

 


BrankoJanuary 1, 2019

8min50

In the 2100News weekly crypto report, we analyze and gauge the entire crypto market with 2100NEWS DA (Digital Assets) Indexes, Factor Indexes, and Crypto Market Breadth Indicators. We use a combination of several methods and look for confluence and increase their odds. There are also ideas on trading psychology. Weekly crypto reports can also contain educational material and show how trading methods, analysis approaches or tools exactly work.

In the last Weekly Crypto Report, I said that bulls would come only with a strong push up that PPO headed to positive and RSI over 60 points. That did not happen, so in last week Christmas rally was over. We were observing pullback. That was exactly what was said in the 2100News Crypto Market Breadth Survey Short-term price action was consolidation, the trend was sideways. Technically, as you can see on the above chart and left PF chart 2100NEWS Digital Assets Total Index (NWST1100), inverse head and shoulders pattern was forming. Redline is an important support

Looking ahead to next week  On the chart above denoted with the arrow, you can see that PPO histogram value has decreased, RSI has been under 60, market breadth ADVL value has decreased. The whole market is at crucial levels now and sideways trend and the wave down will last for at least a couple of days. Hopefully, the red support line will hold, because otherwise, the breakthrough would mean a continuation of a bear trend. So nothing clear, but a very good indication would be if you see positive PPO and higher ADVL and Mc Clellan Summation Index. 

 

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

After extreme gain a week before, last week we saw pullback and consolidation on crypto markets. On the table below, you can see that two indexes with the highest volatility Coins (NWSCo100) and big-sized digital assets by market capitalization were the worst performing group last week but still the best performing group last two weeks. NWSCo100 and NWSL100 soared by 28.00% and by 23.34% in the consolidated Christmas rally. All Groups of tokens and coins are higher than they were before two weeks. Total (NWST1100) indexes dropped by 5% last week.

Crypto (Digital Assets) compared with global equity

On the chart below, the performance of the average Digital Aset represented by our NWST1100 index is compared with average global equity represented by Dow Jones global index W1Dow. As you can see since November 13th crypto has lost the ground, it plunged by 51% vs. global equity. Last week crypto vs. W1Dow declined over 10%. 

Indexes Revision 12-28-2018

The 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 NWSL100 and NWSM200. As we can see on the tables that two groups changed their membership. ETERNAL TOKEN and DigixDAO have improved their rankings they were added to NWSL100 and deleted from NWSM200. GXChain and Power Ledger were deleted from NWSL100. They are new members of NWSM200. New mid-caps are REPO, Game.com, Bitcore… Other weekly additions and deletions this week for the other indexes from the family are available here.

Winner member

We select the new member in NWSL100 crypto index with the biggest jump in our ranking. We can see from the chart that since market crash in November ETERNAL TOKEN  (XET) has performed 60% better than average coin or token which is a member of NWSL100 index. 

ETERNAL TOKENETERNAL TOKEN (XET)

2100NEWS ranking: 74, Large cap Ethereum based Token, Index member: NWST1100, NWSL100, NWSTo100, NWSET100, NWSDM100

The Eternal Project is an undertaking for rapid spread of Eternal Wallet and Eternal Coin around the world, by utilizing the skills and infrastructures of global corporations and individuals. Eternal Token is developed with a bidirectional exchange between Eternal Coin. Both of them are issued with 200 million units. XET holder can trade with XEC or vice versa at a mirroring ratio of 1:1 by register an XEC wallet only


BrankoDecember 24, 2018

7min52

In the 2100News weekly crypto report, we analyze and gauge the entire crypto market with 2100NEWS DA (Digital Assets) Indexes, Factor Indexes, and Crypto Market Breadth Indicators. These tools serve for general and deep insight into crypto markets and measure for their current and past movements. 

In the last Weekly Crypto Report, I was calling for a Christmas rally. Technically, as you can see on the left PF chart 2100NEWS Digital Assets Total Index (NWST1100),  bulls grabbed the setup and took advantage of the wedge and the double bottom. So, last week we had a very strong rally and a good solid correction and/or consolidation of the rally on Friday. Ehtereum based tokens group is bad performing. On the table below we can see that it gained 22.04% in fiat (USD) but lost over 27% vs ETH last week.

Looking ahead to next week we are observing the first signs of a bullish market. On the chart denoted with the arrow, you can see that PPO headed to positive and RSI should be over 60 points. The whole market is at crucial levels now and the bears are no more in favor. But it could be after Christmas rally bulls will come. So nothing clear, but a very good indication would be if you see positive PPO and higher ADVL and Mc Clellan Summation Index. So, there is a likelihood that the Christmas rally will continue.  

 

 

 

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

Gains last week were extreme. On the table below, you can see that the last week and last two weeks Coins (NWSCo100) and big-sized digital assets by market capitalization were the best performing group, These two indexes have the highest volatility. NWSCo100 and NWSL100 soared by 43.87% and by 36.63%. All Groups of tokens and coins are higher than they were before one week or before two weeks. Total (NWST1100) indexes jumped by 30.03%.

 

Crypto (Digital Assets) compared with global equity

On the chart below, the performance of the average Digital Aset represented by our NWST1100 index is compared with average global equity represented by Dow Jones global index W1Dow. As you can see since November 13th crypto has lost the ground, it plunged by 51% vs. global equity. Last week crypto vs. W1Dow upraised up to 40%, but crypto is still 30% lower as of November 13th

Indexes Revision 12-21-2018

The 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 NWSL100 and NWSM200. As we can see on the tables that two groups changed their membership. Digitex Futures and Hyperion have improved their rankings they were added to NWSL100 and deleted from NWSM200. EURt and Linkey were deleted from NWSL100. They are new members of NWSM200. New mid-caps are Centercoin, Crypto.com Chain, Veros… Other weekly additions and deletions this week for the other indexes from the family are available here.

 

Winner member

We select the new member in NWSL100 crypto index with the biggest jump in our ranking. We can see from the chart that in December Digitex Futures  (DGTX) performed 60% better than average coin or token which is a member of NWSL100 index. 

Digitex Futures    Digitex Futures (DGTX) 

2100NEWS ranking: 87, Large cap Ethereum based Token , Index member: NWST1100, NWSL100, NWSTo100, NWSET100

The Digitex Futures Token is a protocol token that has real-world utility and value. Its value derives directly from its utility as a vehicle for the commission-free trading of liquid futures contracts on the price of Bitcoin, Ethereum and Litecoin against the US Dollar. As more traders are attracted to the commission-free markets of the Digitex Futures Exchange, demand for DGTX tokens will increase. Increasing demand for DGTX tokens from traders who are attracted to commission-free futures markets will outweigh the inflationary cost of minting a small number of new tokens each year.


BrankoDecember 17, 2018

8min35

With the 2100News weekly crypto report, we analyze and gauge the entire crypto market. The family of cryptocurrency indexes, 2100NEWS DA (Digital Assets) Indexes, Factor Indexes and Crypto Market Breadth Indicators serve for general and deep insight into crypto markets and measure for their current and past movements. 

Technically, as you can see on the left PF chart 2100NEWS Digital Assets Total Index (NWST1100), the last week the support mostly held. That bounce we had was not decent, there was no follow through. At the moment we are again at the low and now it is being tested to see if it becomes a double bottom. 

Looking ahead to next week we are observing the oversold market. The whole market is at crucial levels now and the bears are clearly still in favor. But it could be that the low of a week ago can also still be a support. So nothing clear, but a very good indication would be, if you see positive PPO histogram and higher ADVL and Mc Clellan Summation Index. So, only from a market seasonality’s point of view, there is a likelihood of a Christmas rally.  Now it’s up to the bulls to grab on to this setup and take advantage of the wedge and the double bottom.

 

 

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

On the table below, you can see that the last week Coins (NWSCo100) and big-sized digital assets by market capitalization were the worst performing group, NWSL100 dropped by 5.01%. The market cap of each asset in this index spans from $30 million to $15 billion.  All Groups of tokens and coins are lower than they were before one week. Total (NWST1100) and overall (NWSOI) indexes went down by an additional 3.7% to 4.4%.

 

Crypto (Digital Assets) compared with global equity

On the chart below, the performance of the average Digital Aset represented by our NWST1100 index is compared with average global equity represented by Dow Jones global index W1Dow. As you can see since November 12th crypto has lost the ground, it plunged by 51% vs. global equity. Last week crypto vs. W1Dow stayed at the same level as a week before. 

 

Indexes Revision 12-14-2018

The 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 NWSL100 and NWSM200. As we can see on the tables that two groups changed their membership. EURt, Tenx, Linkey, QuarkChain and STASIS EURS have improved their rankings they were added to NWSL100 and deleted from NWSM200. MOAC, SIRIN LABS Token, Horizen and Nebulas were deleted from NWSL100. They are new members of NWSM200. New mid-caps are Hyperion, STACS, Neumark… Other weekly additions and deletions this week for the other indexes from the family are available here.

 

Winner new member

We select the new member in NWSL100 crypto index with the biggest jump in our ranking. We can see from the chart that in November and December in the time of crypto crash Tenx (PAY) performed 64% better than average coin or token which is a member of NWSL100 index. 

 

 

TenXTenX (PAY)

2100NEWS ranking: 81, Large cap Ethereum based Token , Index member: NWST1100, NWSL100, NWSTo100, NWSET100

TenX is a virtual currency built by TenX – a Singapore-based startup with a vision to offer the solution of money conversion – its Visa debit card. Their PAY token will be tradeable first on Bittrex. With the card, users can instantly exchange digital currencies into fiat money including the Dollars, Yen or Euros. Regarding digital currency, first, the card supports eight crypto tokens such as Bitcoin, Dash, and Augur.

TenX is a blockchain-based service that focuses on providing user access to a large range of blockchain assets with convenience and security. TenX offers a debit card and accompanying mobile wallet that can be funded with any blockchain asset. The TenX card can be used in almost 200 countries at over 36 million points of acceptance. The TenX token, PAY, allows users to “own” part of the TenX system, as for every transaction made with the wallet, the token holder receives rewards in Ether.

However, more coins will be available with this card in the future. After their ICO in mid-2017, TenX raised $80 million, half of which will be distributed to expand the business, and the other half shall be used to give liquidity for coins exchange. For each transaction with the card, users will be charged a fee of 2% cut. Each card is limited to $2,000 per year, but the customers can raise the limit after their identity validation. 

 


BrankoDecember 10, 2018

6min29

With the 2100News weekly crypto report, we analyze and gauge the entire crypto market. The family of cryptocurrency indexes, 2100NEWS DA (Digital Assets) Indexes serve for general insight into crypto markets and measure for their current and past movements. On the 2100NEWS hub, this week we are adding factor indexes, theme indexes, and crypto market breadth indicators, for deeper financial insight into the crypto universe.

Technically, as you can see on the left PF chart 2100NEWS Digital Assets Total Index (NWST1100), the last week the support did not hold, so a breakthrough followed the index dropped by almost 20%. All 2100NEWS DA indexes had a similar moving pattern. On the chart above we can see that in the period when digital assets decline, sellers sell tokens and buy bitcoin or ether, so we have selling pressure on tokens and relative lower tokens price vs. Bitcoin and Ether.    

Looking ahead to next week we are observing the oversold market. So, only from an indicator’s point of view, there is a likelihood of NWST1100 trending sideways with a huge volatility, 100 points spread between swing high and swing low can be a trading opportunity. In case the support does not hold, the next 10% step down to 300 points is likely. 

 

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

On the table below, you can see that the last week big-sized digital assets by market capitalization were the worst performing group, NWSL100 dropped by 20.91%. The market cap of each asset in this index spans from $30 million to $15 billion.  Groups of tokens and coins are lower than they were before one week. Total (NWST1100) and overall (NWSOI) indexes went down by an additional 15% to 17% in a crypto crash started November 29th.

 

Crypto (Digital Assets) compared with global equity

On the chart below, the performance of the average Digital Aset represented by our NWST1100 index is compared with average global equity represented by Dow Jones global index W1Dow. As you can see since November 12th crypto has lost the ground, it plunged by 51% vs. global equity. Last week crypto vs. W1Dow dropped again. 

 

Indexes Revision 12-07-2018

The 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 NWSL100 and NWSM200. As we can see on the tables that two groups changed their membership. Gemini dollar and Elastos have improved their rankings they were added to NWSL100 and deleted from NWSM200. DigixDAO and CyberMiles were deleted from NWSL100. They are new members of NWSM200. New mid-caps are EURt, Darico Ecosystem Coin, Energi … Other weekly additions and deletions this week for the other indexes from the family are available here.

Winner new member

We select the new member in NWSM200 crypto index with the biggest jump in our ranking. We can see from the chart that in November and December in the time of crypto crash Maximine Coin (MXN) performed 95% better than average coin or token which is a member of NWSM200 index. 

 

Maximine Coin Maximine Coin (MXM)  web

MaxiMine is a highly efficient and transparent cloud-based pool mining platform. Users receive a portion of the MaxiMine pool rewards by staking the tokens that they own for hashing power.

 


BrankoDecember 4, 2018

7min26

With the 2100News weekly crypto report, we analyze and gauge the entire crypto market. The family of cryptocurrency indexes, 2100NEWS DA (Digital Assets) Indexes serve for general insight into crypto markets and measure for their current and past movements. 

The latest Bitcoin Cash blockchain split could damage the overall crypto market in the long-term. Nevertheless, if stability returns to the BCH market, it should reinject confidence in the bitcoin market as well. 

Technically, as you can see on the chart 2100NEWS Digital Assets Total Index (NWST1100), last week things were getting a bit confusing though with all that sideways action. The range was about 14%. Therefore, the NWST1100 index staying above 415 points would remain a bullish sign.  On the PF Chart on the left, we can see a bottom forming. All 2100NEWS DA indexes had a similar moving pattern. 

Looking ahead to next week we are observing the oversold market. So, just from an indicator’s point of view, there is a likelihood of NWST1100 retesting 415 points support as its next bottom range. That eventually will create double Bottom formation and attempting a sharp rebound towards the Target zone.  In the event that support will not hold, the next bigger than 10% step down is likely. 

 

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

On the table below, you can see that big-sized digital assets by market capitalization were the worst performing group last week. The market cap of each asset in this index spans from $30 million to $15 billion. NWSL100 dropped by 10.05% last week. Groups of tokens and coins are lower than they were before one week. Last week Total (NWST1100) and overall (NWSOI) indexes went down by an additional 5.5% to 7% in a crypto crash started November 9th.

 

Crypto (Digital Assets) compared with global equity

On the chart below, the performance of the average Digital Aset represented by our NWST1100 index is compared with average global equity represented by Dow Jones global index W1Dow. As you can see since November 12th crypto has lost the ground, it plunged by 44% vs. global equity. Last week crypto dropped again vs. W1Dow. 

Indexes Revision 11-30-2018

The weekly revision update both, the amount of each asset publicly available and any additions and deletions from the indexes. On the tables below are additions and deletions from NWSL100 and NWSM200. As we can see on the tables that two groups changed their membership. Mobile GO and Bitcoin Private have improved their rankings they were added to NWSL100 and deleted from NWSM200. ZCoin, Nxt, Loom Network …were deleted from NWSL100. They are new members of NWSM200. New mid-caps are Buggyre Coin, MyCreditChain, Swarm, Gulden … Other weekly additions and deletions this week for the other indexes from the family are available here.

 

Winner new member

We select the new member in NWSM100 crypto index with the biggest jump in our ranking. We can see from the chart that in November in the time of crypto crash MobileGo (MGO) performed 30% better than average coin or token which is a member of NWSL100 index. MobileGo announced opening the for beta testing two weeks ago. 

MobileGo MobileGo (MGO)   web

The MobileGo smart token provides peer-to-peer matchplay, decentralized tournaments, and more. MobileGo token launch will support fund marketing as well as branding of the Game credits’ Mobile Store and the growth of smart contract technology within the system that employs the Ethereum blockchain network. Not only does MobileGo token attempt to gamify the mobile system and incentivize gamers for loyalty and participation through rewards but it also enables smart contract technology. Besides, a decentralized virtual mobile gamer marketplace, the ability for gamer and gamer decentralized match play as well as decentralized tournaments that run on smart contracts will be allowed to develop by MobileGo token.

 


BrankoNovember 26, 2018

7min13

Any tool that provides insights into what drives token’s and coin’s prices up and down is a welcome addition to every investor’s arsenal. With the 2100News weekly crypto report, we analyze and gauge the entire crypto market. The family of cryptocurrency indexes, 2100NEWS DA (Digital Assets) Indexes serve for general insight into crypto markets and measure for their current and past movements. 

Technically, as you can see on the chart below 2100NEWS Digital Assets 100 Large Cap Index (NWSL100) which measures the performance of top 100 crypto assets by market cap vs. 2100NEWS Digital Assets Bitcoin-Ether Index (NWSBE), the crypto crash was due to Bitcoin and Ether who had a sudden and dramatic market collapse in the last two weeks. Large caps prices in Bitcoin are only 4.5% lower than they were before 14 days. The downside move last week was such that price was approaching close 500 points. In fact three days we kept hanging around that level. This shows there was no strength at all in the market, likely move was decline to new lows.  All 2100NEWS DA indexes had a similar moving pattern. 

Looking ahead to next week we are observing an extremely oversold market. After such a fall, it is not expected that the market would hang at the support level, more likely is another step down to support zone near 400 points and then a rebound near 500 points to the 23% Fib retracement level of the recent decline. 

 

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

On the table below, you can see that middle-sized digital assets by market capitalization were the worst performing group last week. The market cap of each asset in this index spans from $10 million to $60 million. NWSM200 plunged by 26.86% last week. All group of tokens and coins are lower than they were before one week. Total (NWST1100) and overall (NWSOI) indexes have plummeted by almost 34% in a crypto crash since November 9th.

 

Crypto (Digital Assets) compared with global equity

On the chart below, the performance of the average Digital Aset represented by our NWST1100 index is compared with average global equity represented by Dow Jones global index W1Dow. As you can see crypto has performed better than equity since September 12th but in the last two weeks, crypto has lost the ground. Last week crypto plummeted in two steps by 33,7% vs. W1Dow, so global equity performed better than crypto. 

 

Indexes Revision 11-23-2018

The weekly revision update both, the amount of each asset publicly available and any additions and deletions from the indexes. On the tables below are additions and deletions from NWSL100 and NWSM200. As we can see on the tables that two groups changed their membership. Factom, ODEM, Insight Chain and SIRIN LABS Token have improved their rankings they were added to NWSL100 and deleted from NWSM200. Veritaseum, FunFair, and ETERNAL TOKEN were deleted from NWSL100. They are new members of NWSM200. New mid-caps are Gemini dollar, Optimal Shelf, AMO Coin … Other weekly additions and deletions this week for the other indexes from the family are available here.

 

Winner new member

We select the new member in NWSM100 crypto index with the biggest jump in our ranking. We can see from the chart that in November in the time of crypto crash Factom (FCT) performed 3 times better than average coin or token which is a member of NWSL100 index. Factom announced Mortage Servicing Blockchain Solution two weeks ago. 

 

 

Factom Factom (FCT)   web

Factom is the first distributed blockchain technology to improve the strength of real-world business concerns by presenting a stable record-keeping system. By placing a data layer on top of the Bitcoin blockchain, Factom’s distributed ledger technology guarantees a large number of real-time reports in the blockchain with a single mixture applying cryptographic separation. Factom can be used by Businesses and governments alike to secure their data so that it is impossible to be changed, removed or backdated. Factom’s technology distributes record keeping by ensuring that the uprightness of collected data keeps intact, presenting full transparency, while simultaneously managing user privacy in a gradually virtual world.


BrankoNovember 19, 2018

6min14

The family of cryptocurrency indexes, 2100NEWS DA (Digital Assets) Indexes serve for general insight into crypto markets and measure for their current and past movements. Any tool that provides insights into what drives token’s and coin’s prices up and down is a welcome addition to every investor’s arsenal. With the 2100News weekly crypto report, we analyze and gauge the entire crypto market.
Technically, as you can see on the chart below 2100NEWS Digital Assets Total Index (NWSL100) which measures the performance of top 100 crypto assets by market cap, two weeks ago the price NWSL100 endured a pullback. The downside move was such that price was approaching close to the 50% Fib. retracement of the rally. In fact three days we kept hanging around that level. This shows there was no strength at all in the market, PPO headed to the negative territory.  All 2100NEWS DA indexes had a similar moving pattern. In Movers of the Day post, we warned readers. On Thursday support zone did not hold and that was a big sell signal. Crypto markets have fallen due to Bitcoin and Ether. Large-cap Digital Assets fell 2 percent less than Bitcoin and Ether.

Looking ahead to next week we are observing an extremely oversold market. After such a fall, it is not expected that the market would hang at the support level, more likely is another step down to support zone near 600 points and then a rebound near 650 points to the 38% Fib retracement level of the recent decline. 

 

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

On the table below, you can see that middle-sized digital assets by market capitalization were the worst performing group last week. The market cap of each asset in this index spans from $10 million to $60 million. NWSM200 lost by 20.20% last week. All group of tokens and coins are lover than they were before one week. Our total (NWST1100) and overall (NWSOI) indexes have plunged by almost 15% since November 9th.

 

Crypto (Digital Assets) compared with global equity

On the chart below, the performance of the average Digital Aset represented by our NWST1100 index is compared with average global equity represented by Dow Jones global index W1Dow. As you can see crypto has performed better than equity since September 12th but in the last week crypto plummeted, so global equity performed better than crypto. Crypto vs. global equity is at the same low level as it was in September.

 

Indexes Revision 11-16-2018

The weekly revision update both, the amount of each asset publicly available and any additions and deletions from the indexes. On the tables below are additions and deletions from NWSL100 and NWSM200. As we can see on the tables MobileGo, Digitex Futures which were deleted from NWSL100 and Revain, MOAC which are new members changed their membership. Other weekly additions and deletions this week for the other indexes from the family are available here.

 

Winner new member

We select the new member in NWSM100 crypto index with the biggest jump in our ranking. We can see from the chart that in October  Revain (R) performed much better than average coin or token which is a member of NWSL100 index. Revain last week showed improvement in project ranking system. 

Revain Revain (R)  web

Revain is an impartial analysis system developed on blockchain network technology. August 21 will mark the Revain launch on the exchange market. Undoubtedly, the review industry is confronted with fake reviews or a five-star review on TripAdvisor which may change the course of business, so Revain aims to reinvent this system to guarantee legitimate reviews of well-known companies.



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