2100NEWS Archives - 2100NEWS

BrankoMarch 2, 2021
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11min109


Last week, NWST1100 plummeted by 15.09%; the index price moved downward in a more significant sideways trend.  Crypto.com (CRO) is a member of the NWSL100 crypto index that made the most significant 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), representing the top 1100 Digital Assets. The information-laden chart is difficult to read initially, but the chart shows essential price information, crucial decisive price levels, momentum, trading volumes, and crypto market breadth.

The previous report showed that our assumption for last week had been: a consolidation and move downward in a more significant sideways trend was more likely; index price could test support represented by 25-Days EMA (20 percent fall).  The NWST1100 chart shows that the assumption proved to be correct.  At the top, we see momentum indicators: PPO and PPO histogram continued falling. The Breadth indicators at the bottom of the chart have changed direction and started falling.

The chart on the right shows: three A50R lines were overbought, but the total market A50R (NWST1100) was not. This reading is characteristic of a sideways trend, or the so-called trading range. A market can enter a trading range as part of a period of consolidation before rallying higher. The market will edge sideways until its trendline can catch up to its movement.

* 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 54; PPO histogram bars and PPO lines may change direction (up) in the coming days.  The Breadth indicators at the bottom of the chart may continue falling. My opinion is based on this constellation: a consolidation and move upward in a more significant sideways trend is more likely, index price may hoover near 10-Days EMA.

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

The total (NWST1100) index plummeted 15.09%.

Crypto (Digital Assets) compared with global equity

We have already shown the superiority of crypto investments as a new investment class. 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. A record high was hit two weeks ago. The Percentage Change Marks on the chart show that this year NWST1100 outperformed W1Dow by 98.3%, while over the last 12 months, NWST1100 was 372% higher. The blue curve is the average index price during the previous twelve months. We can see that the NWST1100 spot price and W1Dow price are above average, but the NWST1100 spot price is 217.7% higher than twelve months index average price. That means: If we bought one NWST1100 every day over the last twelve months, our investment is recording 217.7% 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 2-26-2021

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: Crypto.com Chain, Akash Network, and gala have improved their rankings; they were added to NWSL100, they were deleted from NWSM200. Siacoin, Enjin Coin, and Lisk were deleted from NWSL100, and they are new members of NWSM200. New mid-caps are Tornado Cash, Auto, Anyswap… Other additions and deletions this week for the other indexes from the family are available in each index presentation.

 

 

 

Winner member

We gauged the Crypto.com Coin (CRO) with 2100NEWS Digital Assets 100 Large Cap Index (NWSL100) to make an appropriate peer comparison. On average (violet area chart), the relationship between CRO and NWSL100  has shown that it was more potent over the last two weeks.  NWSL100  has outperformed CRO by 20% during the previous three months. However, let’s compare the CRO green area graph with the orange index area graph while observing the correlation graph. The correlation graph explains that the correlation is strong (Pearson’s correlation coefficient = 0.79). However, 75% of the time, it was moving in the same direction as the NWSL100., so it has been a good representative of the NWSL100 index in terms of price changes.

*We elect the member of the NWSL100 crypto index with the most significant 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. 

MCO

Crypto.com (CRO)  Website: https://crypto.com/

CRO Large-Cap Ethereum based Token is 31st in the 2100NEWS ranking. It is an Index member: NWST1100, NWSL100, NWSTO100, NWSET100, NWSDM100

2100NEWS DA Orderbook Quality Evaluation Grade:  Ordinary, 17.1 (Average for Largecaps: 17.6)


Over the last week, the average market cap was 3,662.2 million $, and the average daily volume was 275.2 million $.

Crypto.com Coin (CRO) is the native cryptocurrency token of Crypto.com Chain — a decentralized, open-source blockchain developed by the Crypto.com payment, trading, and financial services company. Crypto.com Chain is one of the products in Crypto.com’s lineup of solutions designed to accelerate the global adoption of cryptocurrencies as a means of increasing personal control over money, safeguarding user data, and protecting users’ identities. The CRO blockchain serves primarily as a vehicle that powers the Crypto.com Pay mobile payments app.

In the future, Crypto.com plans to expand the reach of the CRO platform to power its other products as well.

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


BrankoFebruary 23, 2021
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6min86



Over the last week, NWST1100 soared 15.72%, while tokens led the crypto markets up. Bitcoin and Ether hit new all-time highs.

*We gauge the crypto market breadth and direction of the market by showing charts 2100NEWS Digital Assets Total Index (NWST1100), representing the top 1100 Digital Assets. The information-laden chart is difficult to read initially, but the chart shows essential price information, crucial decisive price levels, momentum, trading volumes, and crypto market breadth. 

The previous report showed that our assumption for the last week had been:  a  sideways trend and consolidation were more likely; index price could test support represented by 10-Days EMA (10 percent fall). The NWST1100 chart shows that the assumption was not correct; the index continued rising. Momentum indicators at the top show: RSI and PPO lines have changed direction; PPO histogram continued falling.

The chart on the right shows: All four A50R lines were extremely overbought, but total market A50R (NWST1100) changed direction. However,  power for further growth may run out.

* 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

If we look ahead, the Momentum indicators give us the following signals: the RSI is 72 (bullish); PPO histogram bars,  PPO lines,  and RSI may continue direction (down) in the coming days. The Breadth indicators, at the bottom of the chart, may change direction (down). My opinion is based on this constellation: a consolidation and move downward in a more significant sideways trend is more likely, index price could test support represented by 25-Days EMA (20 percent fall). Recent history shows that dips do not last long.

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

The table shows that the total (NWST1100) index soared 15.72% over the last week and that Tokens were the best performing digital assets the previous week. They led the crypto markets this year. However, the table and the chart below show the growth of tokens built on Ethereum (green curve NWSET100 +241.4%), they  outperformed Ether, Coins, and Bitcoin)

 

Crypto (Digital Assets) compared with global equity

We have already shown the superiority of crypto investments as a new investment class. 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. A new record high was hit last week. The Percentage Change Marks on the chart show that this year NWST1100 outperformed W1Dow by 126.2%, while during the previous 12 months, NWST1100 was 404% higher. The blue curve is the average index price in the last twelve months. We can see that the NWST1100 spot price and W1Dow price are above average, but the NWST1100 spot price is 304,5% higher than twelve months index average price. That means: If we bought one NWST1100 every day over the last twelve months, our investment is recording 304,5% gains today.

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

 

 

 

 

 


BrankoFebruary 16, 2021
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11min89


Last week, NWST1100 soared 29.09%; the broader crypto market intensified; Altcoins contributed the most to the overall market’s growth. BitMax (BTMX) Token is a member of the NWSL100 crypto index that made the most significant 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), representing the top 1100 Digital Assets. The information-laden chart is difficult to read initially, but the chart shows essential price information, crucial decisive price levels, momentum, trading volumes, and crypto market breadth.

The previous report showed that our assumption for last week had been: a sideways trend and move up were more likely; bulls could propel the price to resistance R2 (+5%). The NWST1100 chart shows that the assumption proved to be partly correct, as Coins and Tokens contributed the most to the overall market’s growth, which far exceeded the assumption.  At the top, we see momentum indicators: RSI and PPO histogram changed direction.

The chart on the right shows: All four A50R lines were overbought because the broader crypto market intensified last week.

This is the most significant hype in the last twelve months.

* 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 extremely overbought); PPO histogram bars may continue direction down, and PPO lines may change direction (down) in the coming days.  All four A50R lines may stay overbought, but power for further growth could run out. My opinion is based on this constellation: a  sideways trend and consolidation are more likely; index price could test support represented by 10-Days EMA (10 percent fall).

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

The total (NWST1100) index soared 29.40%. The table above shows that Coins were the best performing digital assets last week. However, the table and the chart below show the growth of tokens built on Ethereum. (The 2100NEWS CETF NWSET  Token vs. Bitcoin). NWSET is a blockchain-based unit of value pegged to digital assets and 100% backed by a basket of crypto assets on Iconomi, which holds digital assets.

 

 

Crypto (Digital Assets) compared with global equity

We have already shown the superiority of crypto investments as a new investment class. 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. A record high was hit last week. The Percentage Change Marks on the chart show that this year NWST1100 outperformed W1Dow by 92.1%, while over the last 12 months, NWST1100 was 336% higher. The blue curve is the average index price during the previous twelve months. We can see that the NWST1100 spot price and W1Dow price are above average, but the NWST1100 spot price is 260.5% higher than twelve months index average price. That means: If we bought one NWST1100 every day over the last twelve months, our investment is recording 260.5% 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 2-12-2021

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: Venus, BitMax Token, and Fetch have improved their rankings; they were added to NWSL100, they were deleted from NWSM200. WaykiChain, Vitae, and Status were deleted from NWSL100, and they are new members of NWSM200. New mid-caps are Flow, Gala, Beefy.Finance… Other additions and deletions this week for the other indexes from the family are available in each index presentation.

Winner member

We gauged the BitMax (BTMX) with 2100NEWS Digital Assets 100 Large Cap Index (NWSL100) to make an appropriate peer comparison. On average (violet area chart), the relationship between BTMX and NWSL100  has shown that it was more potent over the last two weeks.  BTMX has outperformed NWSL100 by 122% during the previous three months. However, let’s compare the BTMX green area graph with the orange index area graph while observing the correlation graph. The correlation graph explains that the correlation is strong (Pearson’s correlation coefficient = 0.93). It was moving in the same direction as the NWSL100, so it has been a good representative of the NWSL100 index in terms of price changes.

*We elect the member of the NWSL100 crypto index with the most significant 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. 

BTMX BitMax Token (BTMX)  Website: https://bitmax.io/

BTMX Large-Cap Ethereum based Token is 84th in the 2100NEWS ranking. It is an Index member: NWST1100, NWSL100, NWSTO100, NWSET100

2100NEWS DA Orderbook Quality Evaluation Grade:  Ordinary, 18.1 (Average for Largecaps: 17.6)


Over the last week, the average market cap was 163.3 million $, and the average daily volume was 10.3 million $.

BitMax is a global operator of digital asset exchanges for diverse groups of clients from retail to institutions. Its native digital cryptographically-secured utility token (Symbol: BTMX) is a major component of the ecosystem on BitMax and is designed to be used solely as the primary token on the platform. The Distributor will initially issue BTMX as ERC-20 standard-compliant digital tokens on the Ethereum blockchain. BTMX is a non-refundable functional utility token used as the unit of exchange between participants on BitMax. The goal of introducing BTMX is to provide a convenient and secure payment mode and settlement between participants who interact within the ecosystem on BitMax.

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


BrankoFebruary 9, 2021
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6min198



Over the last week, NWST1100 soared 18.24%, the index has made a breakout, while tokens built on  Ethereum, represented by the NWSET100 index, soared even 41.02%. 

*We gauge the crypto market breadth and direction of the market by showing charts 2100NEWS Digital Assets Total Index (NWST1100), representing the top 1100 Digital Assets. The information-laden chart is difficult to read initially, but the chart shows essential price information, crucial 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 up in the more significant sideways trend was more likely; bulls could propel the price to the previous all-time high (3330 points). The NWST1100 chart shows that the assumption proved to be correct; the index has made a breakout. Momentum indicators at the top show: RSI, PPO histogram, and PPO lines have continued rising.

The chart on the right shows: All four A50R lines were extremely overbought.

* 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 75 (bullish and overbought); The Breadth indicators, at the bottom of the chart and PPO lines, may continue direction up; PPO histogram bars may change direction (down) in the coming days. My opinion is based on this constellation: a move up is more likely, bulls can propel the price to resistance R2 (+5%). Crypto markets will be volatile, with up to 10 percent falls.

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

The table shows that the total (NWST1100) index soared 18.24% over the last week, while tokens built on  Ethereum soared even 41.02%.

Crypto Cycle and the Intermarket relationships

The chart below shows three stages in 2021.

Stage 1: The end of Bitcoin or Christmas rally (On the left side of the chart)

Stage 2: The tokens built on Ethereum led the markets (In the middle of the chart: NWSET100 (+77.24%)  outperformed Ether, Coins, and Bitcoin)

Stage 3: Bitcoin rally (last few days  – on the right side of the chart).

Crypto (Digital Assets) compared with global equity

We have already shown the superiority of crypto investments as a new investment class. 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. A new record high was hit last week. The Percentage Change Marks on the chart show that this year NWST1100 outperformed W1Dow by 53.3%, while during the previous 12 months, NWST1100 was 240% higher. The blue curve is the average index price in the last twelve months. We can see that the NWST1100 spot price and W1Dow price are above average, but the NWST1100 spot price is 194,7% higher than twelve months index average price. That means: If we bought one NWST1100 every day over the last twelve months, our investment is recording 197,7% gains today.

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

 

 

 

 

 


BrankoFebruary 2, 2021
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11min156


Last week, NWST1100 rose 7.09%; like two weeks ago, Crypto markets had tested 25-Days EMA, support held, a rebound followed. Tokens soared. WaykiChain (WICC) Coin is a member of the NWSL100 crypto index that made the most significant 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), representing the top 1100 Digital Assets. The information-laden chart is difficult to read initially, but the chart shows essential price information, crucial decisive price levels, momentum, trading volumes, and crypto market breadth.

The previous report showed that our assumption for last week had been: a sideways trend and move up were more likely; bulls could propel the price above the upper Keltner line, but sentiment has changed to sell on rallies. Crypto markets would be volatile, with up to 15 percent falls. The NWST1100 chart shows that the assumption proved to be correct. Like two weeks ago, Crypto markets had tested 25-Days EMA, support held, a rebound followed. The volume profile Indicator on the left side of the chart displays trading activity and plots a histogram on the chart. It shows that volume near 3000 points has risen and is becoming comparable to that at the level of early December. That means that both times a similar number of coins and tokens changed owners. At the top, we see momentum indicators: RSI and PPO histogram changed direction.

The chart on the right shows: All four A50R lines were overbought because the broader crypto market has intensified.

* 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 59; PPO histogram bars may continue direction up, and PPO lines may change direction (up) in the coming days.  All four A50R lines may stay overbought. My opinion is based on this constellation: a move up in the more significant sideways trend is more likely; bulls can propel the price to the previous all-time high (3330 points). Up to 15 percent fall is possible.

 

 

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

The total (NWST1100) index rose by 7.09%. The table below shows that Tokens were the best performing digital assets last week.

Crypto (Digital Assets) compared with global equity

We have already shown the superiority of crypto investments as a new investment class. 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. A month ago, a record high was hit. The Percentage Change Marks on the chart show that this year NWST1100 outperformed W1Dow by 35.7%, while over the last 12 months, NWST1100 was 229% higher. The blue curve is the average index price during the previous twelve months. We can see that the NWST1100 spot price and W1Dow price are above average, but the NWST1100 spot price is 161.9% higher than twelve months index average price. That means: If we bought one NWST1100 every day over the last twelve months, our investment is recording 161.9% 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 1-29-2021

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: Fantom, Enjin Coin, and WaykiChain have improved their rankings; they were added to NWSL100, they were deleted from NWSM200. Holo, Augur, and Chiliz were deleted from NWSL100, and they are new members of NWSM200. New mid-caps are WhiteCoin, Badger DAO, Golem… Other additions and deletions this week for the other indexes from the family are available in each index presentation.

Winner member

We gauged the WaykiChain (WICC) with 2100NEWS Digital Assets 100 Large Cap Index (NWSL100) to make an appropriate peer comparison. On average (violet area chart), the relationship between WICC and NWSL100  has shown that it was more potent over the last two weeks.  WICC has reported almost the same gains as NWSL100 during the previous three months. However, let’s compare the WICC green area graph with the orange index area graph while observing the correlation graph. The correlation graph explains that the correlation is strong (Pearson’s correlation coefficient = 0.73). It was moving in the same direction as the NWSL100, so it has been a good representative of the NWSL100 index in terms of price changes.

*We elect the member of the NWSL100 crypto index with the most significant 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. 

WICC WaykiChain (WICC)  Website: https://waykichain.com/

WICC Large-Cap Ethereum based Token is 88th in the 2100NEWS ranking. It is an Index member: NWST1100, NWSL100, NWSCO100

2100NEWS DA Orderbook Quality Evaluation Grade:  Good, 15.9 (Average for Largecaps: 17.1)


Over the last week, the average market cap was 78.3 million $, and the average daily volume was 26.5 million $.

WaykiChain(WICC) is a finance-centric public blockchain that provides decentralized finance infrastructure through core-layer implementation of decentralized exchanges (DEX) and crypto-asset-backed stablecoin (WUSD) technologies. It adopts the dPoS+pBFT consensus algorithm with 3-second block submission and confirmation speed. It claims to have achieved an average TPS of 3300+, with a peak of 7800+. It also supports a dual-VM environment with LuaVM and WASM VM for smart contract execution.

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


BrankoJanuary 26, 2021
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7min143



Over the last week, NWST1100 dropped 4.5%. The index price tested support represented by 25-Days EMA, which held, so prices quickly rebounded.

*We gauge the crypto market breadth and direction of the market by showing charts 2100NEWS Digital Assets Total Index (NWST1100), representing the top 1100 Digital Assets. The information-laden chart is difficult to read initially, but the chart shows essential price information, crucial decisive price levels, momentum, trading volumes, and crypto market breadth. 

The previous report showed that our assumption for the last week had been:  a sideways trend and consolidation were more likely; Crypto markets would be volatile, full of abrupt turnarounds, with up to 15 percent falls and further rebounds.  The NWST1100 chart shows that the assumption proved to be correct; the index price tested support represented by 25-Days EMA, which held, so prices quickly rebounded.  The volume profile Indicator on the left side of the chart displays trading activity and plots a histogram on the chart, revealing dominant and significant price levels based on volume. It shows that a bigger volume was made near 3000 points. Momentum indicators at the top show: RSI and PPO histogram changed direction.

The chart on the right shows: three A50R lines were overbought because the broader crypto market has intensified.

* 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 59; The Breadth indicators, at the bottom of the chart, may flatten out; PPO histogram bars may continue direction up, and PPO lines may change direction (up) in the coming days. My opinion is based on this constellation: a sideways trend and move up are more likely, bulls can propel the price above the upper Keltner line, but sentiment has changed to sell on rallies. Crypto markets will be volatile, with up to 15 percent falls.

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

The table shows that the total (NWST1100) index dropped by 4.50% over the last week while tokens surged. Bitcoin recorded massive losses.

Crypto Cycle and the Intermarket relationships

The chart below shows four stages in the last three months.

Stage 1: Coins rally in November(On the left side of the chart)

Stage 2: The Bitcoin or Christmas rally (In the middle of the chart: Bitcoin outperformed Ether, Tokens, and Coins in December)

Stage 3: Ether led crypto markets up +35.1% vs. Bitcoin (the area on the chart between the yellow and green vertical lines)

Stage 4: Consolidation (last two weeks  – on the right side of the chart). Bitcoin became fuel for a broad Tokens rally in the market, so its dominance fell. Ether hit a new all-time high. Tokens soared 57% vs. Bitcoin.

Crypto (Digital Assets) compared with global equity

We have already shown the superiority of crypto investments as a new investment class. 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. Three weeks ago record high was hit. The Percentage Change Marks on the chart show that this year NWST1100 outperformed W1Dow by 23.5%, while over the last 12 months, NWST1100 was 236% higher. The blue curve is the average index price during the previous twelve months. We can see that the NWST1100 spot price and W1Dow price are above average, but the NWST1100 spot price is 158,7% 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 158,7% gains today.

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

 

 

 

 

 


BrankoJanuary 19, 2021
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11min202


Last week, NWST1100 dropped 5.18%; Bitcoin became fuel for a broad rally in the crypto market, so its dominance fell. Tokens soared. Voyager 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), representing the top 1100 Digital Assets. The information-laden chart is difficult to read initially, 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: a downward trend and consolidation were more likely. The dizzying rise and precipitous decline — nearly 20% in 24 hours. The NWST1100 chart shows that the assumption proved to be correct. At the top, we see momentum indicators: PPO lines, RSI, and PPO histogram continued falling.

Outlook for this week

Looking ahead, the Momentum indicators give us the following signals: the RSI is 67; PPO lines may continue direction. PPO histogram bars may change direction (up) in the coming days.  The Breadth indicators at the bottom of the chart may flatten out. My opinion is based on this constellation: a sideways trend and consolidation are more likely; Crypto markets will be volatile, full of abrupt turnarounds, with up to 15 percent falls and further rebounds.

Crypto Cycle and the Intermarket relationships

The chart below shows three stages in the last month.

Stage 1: The Bitcoin rally (On the left side of the chart: Bitcoin outperformed Ether, Tokens, and Coins in December)

Stage 2: Ether led crypto markets up (the area on the chart between the brown and green vertical lines)

Stage 3: Consolidation (last week  – on the right side of the chart). Bitcoin became fuel for a broad rally in the market, so its dominance fell. Tokens soared.

 

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

The total (NWST1100) index dropped by 5.18%. The table below shows that the Bitcoin and Ether represented by the NWSBE index recorded massive losses over the last week; on the other hand, Tokens reported gains.

Crypto (Digital Assets) compared with global equity

We have already shown the superiority of crypto investments as a new investment class. 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. Two weeks ago, a new record high was hit. The Percentage Change Marks on the chart show that this year NWST1100 outperformed W1Dow by 28.8%, while over the last 12 months, NWST1100 was 252% 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 176.9% 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 176.9% 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 1-15-2021

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 NWSL100 and NWSM200. As we can see on the tables: Voyager Token, TomoChain, and district0x have improved their rankings; they were added to NWSL100, they were deleted from NWSM200. Bitcoin Cash ABC, Enjin Coin, and Numeraire were deleted from NWSL100, and they are new members of NWSM200. New mid-caps are Rewardiqa, reef Finance, DerivaDEX… Other additions and deletions this week for the other indexes from the family are available in each index presentation.

Winner member

We gauged the Voyager Token (VGX) with 2100NEWS Digital Assets 100 Large Cap Index (NWSL100) to make an appropriate peer comparison. On average (violet area chart), the relationship between VGX and NWSL100  has shown that it was stronger.  VGX has beaten NWSL100 by 194% over the last three months. However, if we compare the VGX green area graph with the orange index area graph while observing the correlation graph, the correlation graph explains that the correlation is semistrong (Pearson’s correlation coefficient = 0.64). 88% of the time, it was moving in the same direction as the NWSL100, so it has been a good 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. 

VGX

Voyager Token (VGX) Website: https://www.ethos.io

VGX Large-Cap Ethereum based Token is 66th in the 2100NEWS ranking. It is an Index member: NWST1100, NWSL100, NWSTo100, NWSET100, NWSDM100

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


Over the last week, the average market cap was 215.0 million $, and the average daily volume was 19.9 million $.

Voyager is a licensed crypto broker, not just another exchange. Voyager connects to the world’s leading market makers and liquidity providers to ensure their users get a better price on their trades, maximum liquidity on every order, and the greatest access to the crypto market. Voyager offers investors commission-free trading of dozens of top crypto assets from one secure and trusted app.

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


BrankoJanuary 12, 2021
2100news-22-1280x720.png

6min255



Over the last week, NWST1100 soared 39.24%. The parabolic rise was unsustainable. The sharp rejections from each new all-time high also signal that there was aggressively taking a profit.

*We gauge the crypto market breadth and direction of the market by showing charts 2100NEWS Digital Assets Total Index (NWST1100), representing the top 1100 Digital Assets. The information-laden chart is difficult to read initially, 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 sideways trend was more likely; a 10% rise or 20% fall from the level was equally likely. Crypto markets would be extremely volatile, full of abrupt turnarounds, with up to 20 percent falls and further rebounds.  The NWST1100 chart shows that the assumption proved to be correct; the index price hit a new all-time high: after reaching a peak of 3,332 on January 8, prices quickly retreated. The parabolic rise was unsustainable. There was a battle between expected taking profit and new buyers. The sharp rejections from each new all-time high also signal that there was aggressively taking a profit. Momentum indicators at the top show: PPO lines, RSI, and PPO histogram changed direction.

The chart on the right shows: all four A50R lines were overbought because the broader crypto market has intensified.

* 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 60; The Breadth indicators, at the bottom of the chart topped, could change direction; PPO lines may continue direction down in the coming days. My opinion is based on this constellation: a downward trend and consolidation are more likely. The dizzying rise and precipitous decline — nearly 20% in 24 hours.

 

 

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

The table shows that the total (NWST1100) index soared 39.24%. Ether has led the markets up.

Crypto (Digital Assets) compared with global equity

We have already shown the superiority of crypto investments as a new investment class. 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 38.5%, while over the last 12 months, NWST1100 was 300% 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 205% 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 205% gains today.

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

 

 

 

 

 


BrankoJanuary 5, 2021
2100news-23-1280x720.png

12min238


Last week, NWST1100 soared 14.90%; Bitcoin price went vertical and hit a new high. Celsius (CEL) 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), representing the top 1100 Digital Assets. The information-laden chart is difficult to read initially, 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: a sideways trend was more likely; however, the Christmas rally may continue, and after Bitcoin and Ether, some altcoins would move higher. The NWST1100 chart shows that the Christmas rally continued. At the top, we see momentum indicators: PPO lines, RSI, and PPO histogram continued direction.

Since this is the latest report of the year 2020, we briefly evaluate crypto markets. The average index price over the last twelve months is 1025. The volume profile is an advanced charting Indicator on the left side of the chart. It displays trading activity and plots a histogram on the chart, revealing dominant and significant price levels based on volume. It shows that the vast majority of volume was made between 700 and 1300 points. The crypto markets were dominated by growth for the first two months. In March, the COVID caused the collapse; crypto markets experienced a huge sell-off and fell more than equity. The progress of existing projects based on Ehtereum (especially DEFI) convinced investors. The Intermarket relationship chart below shows that their tokens led the crypto markets (NWSET index)  in July and August (marked with a green ellipse). Since September, Bitcoin has been undergoing some really massive bullish action, and Bitcoin price was making one of the largest price leaps in its 10-year lifespan. In November, PayPal’s announcement that in 2021 will allow payments with crypto greatly increased attention to Bitcoin and the crypto markets. Intermarket relationships show a predominance of DEFI in July and August, followed by a period when bitcoin began to increase its dominance, especially in the Christmas rally.

Outlook for this week

Looking ahead, the Momentum indicators give us the following signals: the RSI is 80 (overbought and bullish); PPO lines and PPO histogram bars may change direction (down) in the coming days.  The Breadth indicators at the bottom of the chart may flatten out. NWSBE price has already gained by 50% since the beginning of December, so a pullback would be reasonable to expect. My opinion is based on this constellation: a sideways trend is more likely; a 10% rise or 20% fall from this level is equally likely. Crypto markets will be extremely volatile, full of abrupt turnarounds, with up to 20 percent falls and further rebounds.

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

The total (NWST1100) index soared 14.90%. The table below shows that the Bitcoin and Ether represented by the NWSBE index recorded massive 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. 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 last year NWST1100 outperformed W1Dow by 220%. 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 127.6% 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 127.6% 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 1-1-2021

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: Celsius and Chiliz have improved their rankings; they were added to NWSL100, they were deleted from NWSM200. Swipe and NEST Protocol were deleted from NWSL100, and they are new members of NWSM200. New mid-caps are 1inch, Livepeer, Akash Network… Other additions and deletions this week for the other indexes from the family are available in each index presentation.

Winner member

We gauged the Celsius (CEL) Token with 2100NEWS Digital Assets 100 Large Cap Index (NWSL100) to make an appropriate peer comparison. On average (violet area chart), the relationship between CEL and NWSL100  has shown that it was stronger.  CEL has beaten NWSL100 by 181% over the last three months. However, if we compare the CEL green area graph with the orange index area graph while observing the correlation graph, the correlation graph explains that the correlation is semistrong (Pearson’s correlation coefficient = 0.64). 85% of the time, it was moving in the same direction as the NWSL100, so it has been a good 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. 

CelsiusCelsius (CEL) Website: https://celsius.network

CEL Large-Cap Ethereum based Token is 90th in the 2100NEWS ranking. It is an Index member: NWST1100, NWSL100, NWSTo100, NWSET100

2100NEWS DA Orderbook Quality Evaluation Grade:  Poor, 11.5 (Average for Largecaps: 17.1)


Over the last week, the average market cap was 1,590.1 million $, and the average daily volume was 18.1 million $.

Celsius Network is a democratized interest income and lending platform accessible via a mobile app. Built on the belief that financial services should only do what is in the community’s best interests, Celsius is a modern platform where membership provides access to curated financial services that are not available through traditional financial institutions. Crypto holders can earn interest by transferring their coins to their Celsius Wallet and borrow USD against their crypto collateral at interest rates as low as 4.95% APR.

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


BrankoDecember 29, 2020
crypto.jpg

6min392



Over the last week, NWST1100 fell by 0.47%. Ripple has led the Large-caps (NWSL100) and Coins (NWSCo100) index down. Intermarket relationships show Bitcoin itself practically runs the actual Christmas rally.

*We gauge the crypto market breadth and direction of the market by showing charts 2100NEWS Digital Assets Total Index (NWST1100), representing the top 1100 Digital Assets. The information-laden chart is difficult to read initially, 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 sideways trend was more likely; a 10% rise or fall was equally likely.  The NWST1100 chart shows that the assumption proved to be correct; the index price had fallen, tested the support represented by 10-days EMA, and immediately rebounded. The massive Bitcoin rally led the NWST1100 way up. However, the recent lawsuit laid out by the United States Securities and Exchange Commission against Ripple has led the Large-caps (NWSL100) and Coins (NWSCo100) index down. Momentum indicators at the top show: PPO lines, RSI, and PPO histogram changed direction.

The chart on the right shows: all four A50R lines were in balance. This is typical of a sideways trend.

* 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 79 (overbought and bullish); The Breadth indicators, at the bottom of the chart, could flatten; PPO lines may continue direction in the coming days. My opinion is based on this constellation: a sideways trend is more likely; however, the Christmas rally may continue, and after Bitcoin and Ether, some altcoins will move higher.

Intermarket relationships

The chart below compares Bitcoin, Ether, Tokens, Coins, and Large-caps.  The chart shows that Bitcoin itself practically runs the actual Christmas rally; due to its dominance, it gives the impression that market movements are greater than they actually are. In the last week, Ether has started pulling the “Santa’s sleigh.”

 

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

The table shows that the total (NWST1100) index decreased by 0.47%. Ripple has led the Large-caps (NWSL100) and Coins (NWSCo100) index down.

Crypto (Digital Assets) compared with global equity

We have already shown the superiority of crypto investments as a new investment class. 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 185%. 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 104.1% 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 104.1% gains today.

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

 

 

 

 

 



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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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