crypto Archives - 21000NEWS

BrankoAugust 27, 2019

9min497

Our DAOQE – 2100NEWS crypto DA (Tokens, Coins) orderbook quality evaluation is determined by taking into account “market quality” via quantitative order book data. We measure the market quality of each DA using a combination of 6 metrics (derived from trade and order book data) that aim to measure the cost to trade, liquidity, market stability. We analyze the market on the exchange with the highest volume. Our ultimate mission here is to promote transparency in the industry such that investors are more informed about where they invest. Due to the fact that trading volume may be fake, it is misleading to use it as a sole gauge of liquidity.

Two systems were implemented:

  • An absolute scoring system to assign a fixed score to any given Digital asset (DA) orderbook and
  • A relative grading system to assign each Digital Assets (DA) a grade (excellent, good, ordinary, Poor, Extremely weak) based on its total score in relative comparison to its peers on the markets.

Since the spread being calculated using the best bid and offer, it is misleading to use it as a sole gauge of liquidity and therefore as the market cost to trade; it must be used in conjunction with a depth measurement to find the likely transaction price for any given size of a transaction.

Investors or traders take a position in the market.  They make money based on the price movements of the asset. We assume that exchange markets that contain traders looking to actively participate and invest in market movements (investor markets) are healthier than markets predominantly made up of market makers with no ‘real’ investors. Investors who take a position in the market are likely to trade more actively in times of volatility. Price movements may cause limit orders to be filled and new investors will likely join the market to react to price movements. In times of high volatility, market makers reduce volumes at each position or increase the spread they are willing to provide for the market. This makes the asset less liquid and means that smaller trades will cause larger price movements. To avoid large slippage, traders, therefore, need to trade smaller amounts.

1. Market Cost to Trade (spread)

Derived from order book data, a spread represents the difference between the best bid (Buy – the highest price at which someone is willing to buy) and the best ask (Sell – the lowest price at which someone is willing to sell). Spreads are tight when markets are liquid. The wider the spread, the more costly it is to trade on a given market. The tighter the spread, the more likely your order will be filled as the best bid and the best ask are closer together. Hence, the tighter the spread the higher grade. Higher spreads increase market friction.

Cumulative order volume in the book above is represented by the area below the green and red lines.

2. Liquidity (depth)

Digital Asset (DA) Order book depth represents the value of the active limit orders on a given Digital Asset (Token or Coin), it is the total volume of orders in the order book. It provides an idea of how much it is possible to trade on an exchange, and how much the price is likely to move if large amounts are traded. The deeper the books on a given market, the more liquidity that a market can provide. Liquidity is important in terms of maintaining an actively traded market, but also in terms of being able to reduce slippage and resist market shocks when large orders are matched. A DA with greater average depth is likely to be more stable (i.e flash crashes are much less likely) and allows trading of greater amounts at better prices. Thin order books can only handle a limited number of market participants, and most likely cannot match large orders without avoiding significant slippage and flash crashes. Therefore, the higher the market depth, the higher the grade.

3. Score calculation

An absolute scoring system to assign a fixed score to any given Digital asset (DA) orderbook. A market order is an order to buy/sell a certain quantity of the asset at the best available price in the book. The first asset will be traded at the ask (resp. bid) price and the remaining one(s) will be traded some ticks upper (resp. lower) in order to fill the order size. For Score calculation, we need the price of last executed trade and six prices and two total volumes from orderbook. Orderbook data helps determine where the price of particular Digital Asset could be heading as orders are filled. We make three tests in order to find out 6 best available prices (marked at the chart below) at which we can buy or sell the following amount of assets:

  1. two prices if we put market order for particular Digital Asset with such quantity that order value will be 0,1 BTC or equivalent value in (ETH, USDT …)
  2. two prices if we put market order for particular Digital Asset with such quantity that order value will be 1 BTC or equivalent value in (ETH, USDT …)
  3. two prices at the fifth price level of (ask/bid) side in the orderbook

Where depth Up is the total volume that would be required to move the price upwards to the fifth level of the ask side, and depth Down is the total volume that would be required to move the price downwards to the fifth level of the bid side.

 

4.      Grade calculation

A relative grading system assigns each Digital Assets (DA)  a grade based on its total score in relative comparison to its peers on the markets. We calculate peer’s Average Score and Standard deviation.

Grades are determined as:

Excellent <= score >=  avg + 1.3*Stdev

Good <=  avg+0.5*Stdev =< score <  avg + 1.3*Stdev

Ordinary <=  avg-0.125*Stdev =< score <  avg + 0.5*Stdev

Poor <=  avg-1.3*Stdev =< score <  avg – 0.125*Stdev

Extremely weak <=  score <  avg – 1.3*Stdev

We hope you enjoyed reading our methodology. We are open to comments and suggestions and hope to build on this system in the future to make it as robust, transparent and helpful as possible.


UrbanMarch 2, 2019

9min584

Rebrands are tricky. Coca Cola disastrously rebranded itself as ‘New Coke’ in 1985, forcing lovers of its original formula to launch a campaign calling for the immediate return of its old branding and taste. Other rebrands in recent memory – Gap, MasterCard, Tropicana – have been no less shambolic, creating the impression that companies shouldn’t really ever take the plunge.

Meanwhile, in cryptoland, the likes of Kraken, ShapeShift, Zcash Company, and Litecoin have rebranded in recent months, while other projects – such as RailBlocks/Nano and Antshares/NEO – have done something similar over the past year or so.

Such moves vary in terms of how much rebranding is involved. Nonetheless, they all indicate that crypto is maturing, and that the industry is making increasingly concerted efforts to entice mainstream customers.

Signs of maturation

It’s no secret that 2018 was something of a comedown for the industry after the dizzying highs of 2017. This is a large part of the reason why, in 2019, many crypto-related companies and projects have turned to rebranding, since it’s one obvious strategy for increasing the willingness of investors and the general public to adopt crypto.

“One would be forgiven for thinking that Bitcoin and other cryptocurrencies were doomed after the hype of 2017 subsided and we entered the current bear market,” says Simon Dingle, a Bitcoin analyst and author of In Math We Trust: The Future of Money.

“However, nothing could be further from the truth,” he tells Cryptonews.com. “Bitcoin is alive and well, and great progress has been made on the project since the beginning of 2018. The network has actually grown in terms of computing power during this time, and great progress has been made in protocol scaling solutions like the Lightning network, which now has an order of magnitude more nodes connected than at this time last year”

Despite this growth, Dingle acknowledges that somethings needs to be done not only to encourage greater adoption, but to counter the negative perceptions surrounding crypto.

“There is a still a general misunderstanding of cryptocurrency in the mainstream, and misinformation being spread about, for example, Bitcoin’s use of electricity – but the war is being won behind the scenes,” he says. “It now faces the challenging gap between early adopters and mainstream adoption, and is on course to leap over this chasm in style.”

Meanwhile, Mati Greenspan, a crypto analyst at eToro, tells Cryptonews.com that the recent wave of rebranding is largely about overcoming the negative stereotypes surrounding crypto.

“The crypto industry is currently going through a process of gentrification as it prepares for a wider audience,” he says. “Since inception crypto has had a negative stigma attached to it, but this perception is changing rapidly in large part thanks to work being done on the ground by these companies and others in the industry.”

This is why Kraken and ShapeShift, to take two of the most prominent examples, have recently rebranded. Both exchanges are taking steps to comply with regulations and to make themselves more customer-friendly, while Simon Dingle affirms that their recent redesigns are indicators of a maturing industry.

“Crypto companies in general are maturing and many are refocusing on mainstream markets, whereas until now they were only preoccupied with early adopters of the technology,” he says. “ShapeShift, for example, has implemented know-your-customer (KYC) processes for the first time to prepare for scrutiny from authorities. Kraken has developed a more consumer-friendly brand as it hopes to broaden its appeal in the consumer market.”

Changing perceptions

As useful as rebrands may be for any company that wants to symbolically turn a corner, more obviously needs to be done if the industry wants to enjoy greater adoption. Perhaps most importantly, Simon Dingle believes that the industry needs to get better at managing its media relations, as well as its relations with regulators.

“What crypto needs is to win the story wars,” he says, noting that it’s often not the ‘best’ technology that earns widespread adoption, but rather the technology that provides the best narratives.

“Right now Bitcoin is a story of freedom and hope – one only needs to look at how it is being used in Venezuela to get a taste of this – but it is also poorly understood in mainstream media where many people lost money in 2018, and there is a misconception that Bitcoin “wastes” electricity. Crypto companies need to offer better stories, acknowledge what the market is telling them, and work harder to win hearts and minds.”

However, past years have shown that crypto hasn’t always been successful when it comes to PR, with various exchanges and projects (e.g. Kraken, IOTA) notably having acrimonious spats with certain news outlets.

And in addition to better public relations, Mati Greenspan affirms that the industry will also have to improve its end product, which in many cases needs to offer better user experiences.

“There’s still a lot of work to be done,” he says. “Specifically on making interfaces more user-friendly and on education, both of which will need to improve drastically for the industry to maintain its current rate of growth.”

These are big challenges, but as recent efforts to rebrand all indicate, the industry is serious about meeting them. And with the ongoing influx of institutional investors into crypto, and with ongoing efforts to make blockchains more scalable, it just might.


Stefan (Iris)February 15, 2019

5min539

A Guide To The Blockchain Tech

A lot has been said about Bitcoin. A lot has been said about Bitcoin. This blockchain-based cryptocurrency is the first but, as you’ll see from Bitcoinfy’s infographic below, not the only one of its kind. It has changed the way we do ordinary and business transactions. Although many investors virtually made a fortune when Bitcoin reached its peak by the end of 2017, its volatile price has been the main reason why new investors shy away from the currency. However, most of them would still agree that it is the best cryptocurrency at the moment, despite thousands of other crypto alternatives.

What are Bitcoin and Blockchain?

Bitcoin was launched in 2009 by an unidentified person under the alias of Satoshi Nakamoto. The platform which Bitcoin and similar cryptocurrencies utilize is known as blockchain. This is a P2P-based digital, decentralized, and distributed ledger that stores data in blocks. The entire system is arranged in such a way that hacking or deleting these blocks is extremely difficult, if not impossible. Only authorized parties are able to make legitimate changes to the system.

Concepts Related to Cryptocurrencies

Mining

The invention of Bitcoin brought us a lot of new concepts. One of them is the so-called Bitcoin mining. You might have heard about mining cryptocurrencies. Simply put, mining is a process on the blockchain network by which network nodes verify transactions. After the verification, transactions are added to a new block of data. As a reward for their computing power, miners (owners of the nodes) are given a specific amount of the mined cryptocurrency (for example, 12.5 bitcoins). 

 

Wallets

Crypto wallet is another popular term in the cryptocurrency world. As the name suggests, it is a digital wallet used to store cryptocurrencies. It is not possible to own a digital currency without owning one of the countless wallets out there. They are quite easy to open and handle. Many have only the basic functions, such as “send” and “receive” funds, so you need to have basic computer and smartphone skills to operate them. However, you should always go for the one that offers a high level of security. Note that if you ever lose access to your account, it is not possible to retrieve it and your coins are gone forever.

ICOs

Perhaps you are aware of another popular cryptocurrency item – initial coin offerings (ICOs). Before a crypto startup launches its product and crypto coin, they might run an ICO to collect funds for further development. It goes like this. You believe that startup X has a promising future. You can buy its tokens on presale during its ICO for Bitcoin or Ether (another popular cryptocurrency). If everything goes according to the startup’s business plan, the tokens you purchased will significantly increase in value (sometimes more than 1,000%) in the future, and then you can sell them, getting yourself a nice return on investment. 

What Is Next for Bitcoin?

Bitcoin has made a name for itself over the years, but there seems to be a general declining of its value. However, this trend might be only temporary, and we could see it reaching a new all-time high level pretty soon. Unfortunately, it is not possible to predict future developments. All we can say at this moment is that Bitcoin and blockchain adoptions are growing at an unprecedented rate. This is good news, and we should hope for the best.


BrankoJanuary 7, 2019

8min899

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

8min890

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

7min456

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 21, 2018

10min281

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

Top movers of the day are Game.com and FlorinCoin. Since 6 pm FlorinCoin has fallen by 9.25% while Game.com has stayed at the same level. Generally, most tokens and coins ended the day deep in red. 2100NEWS DA Indexes ended down between 2.87% and 6.13%. Bitcoin ended down 5.61% and Ether also ended down 5.05%. As we can see on the chart below of NWSL100 movement, the index has been stopped by upper Bollinger Band line and Keltner Channel as well. For breaking them through, there should be much more strength on the crypto markets. 

OdysseyOdyssey (OCN)

2100NEWS ranking: 197, Mid cap, Index member: NWST1100, NWSM200, NWSDM100

ODYSSEY is a revolutionary mission against current centralized sharing economy to build one decentralized sharing economy and peer to peer ecosystem.

Top movers of the day at 18:10 are FlorinCoin and Game.com. Since 1 pm Game.com has surged 38.71% while Bitcoin Cash has dropped 16.41%. After increasing in the morning most tokens and coins turned down in the afternoon. Again the biggest move made the coins but in the opposite way. Since 1 pm their 2100NEWS Digital Assets Coin Index (NWSCo100) has dropped 3.18%. Our main   2100NEWS Digital Assets Total Index (NWST1100) which measures the performance of top 1100 crypto assets by market capitalization has dropped 2.04%. Bitcoin and Ether also turned down: in the afternoon Bitcoin fell 1.42% and Ether even 3.48%.

Game.comGame.com (GTC)

2100NEWS ranking: 392, Small cap, Index member: NWST1100, NWSS300

Game.com’s focus is on creating a global gaming and entertainment platform for blockchain digital currencies.

Top movers of the day at 13:10 are Bitcoin Cash and Nasdacoin. Since morning Bitcoin Cash has increased by 4.56% and Nasdacoin has dropped almost 20%. The significant move made Enjin Coin which has surged 16.98%. In the morning most tokens and coins turned up. The biggest move made coins. Since 8 am 2100NEWS Digital Assets Coin Index (NWSCo100) which measures their performance has increased by 2.25. By increasing of 2.33% in the morning, Ether is 1.33% higher than yesterday EOD while Bitcoin has increased only 0.31% and it is still  1.23% lower than yesterday EOD.

Enjin CoinEnjin Coin (ENJ)

2100NEWS ranking: 121, Mid cap Ethereum based Token , Index member: NWST1100, NWSM200, NWSTo100, NWSET100, NWSDM100

The Enjin forum module is not too difficult to use and manage thanks to a modern content management system created specifically for communities gaming. Highly sophisticated & customizable like building blocks, users can snap their website together in just a few seconds.

Top movers of the day at 8:10 are  Bitcoin Cash and Crypto.com, which has surged by 20.77% since midnight. Last 18 hours crypto market has been in correction after yesterday’s wave up. Today 2100NEWS Digital Assets Total Index (NWST1100) which measures the performance of top 1100 crypto assets by market capitalization has decreased by 0.94%. In the morning Bitcoin and Ether have dropped by 1.54% and by 0.98%. 

Bitcoin Cash

 Bitcoin Cash (BCH)

2100NEWS ranking: 6, Blue chip, Index member: NWST1100, NWSL100, NWS30, NWSCo100

Bitcoin Cash which is P2P digital money for the Internet is entirely decentralized without central banks and does not require trusted third parties to run. Anyone who had Bitcoin at the time Bitcoin Cash was released became Bitcoin Cash owner. In other words, Bitcoin owners as of block 478558 (August 1st, 2017, 13:16 UTC) hold the same number of Bitcoin Cash when they had Bitcoin at that time. If their Bitcoins are kept by a third party like an exchange, customers must query with them concerning to their Bitcoin Cash. Any Bitcoin transactions after the August 1st ledger split are entirely separated from Bitcoin Cash, which means that any Bitcoin acquired after the division does not relate to any Bitcoin Cash, and in exchange, any Bitcoin Cash does not include any Bitcoin.

Crypto.com Chain Crypto.com Chain (CRO)

2100NEWS ranking: – Index member: –

Crypto.com Chain Token is the official token of Crypto.com Chain. CRO tokens are able to be used and/or earned in connection with this product by eligible persons in the following key ways: Token ERC20 contract and daily distribution smart contract were successfully audited by Quantstamp and Certik. CRO Token will be the native Crypto.com Chain token that enables cross-asset intermediary currency settlement; All network participants writing transactions on the Crypto. com Chain will have to use CRO Token to settle block transaction fees. 

 


BrankoDecember 20, 2018

9min283

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

Top movers of the day are  Crypto.com Chain and EvenCoin. Today new strong wave up was growing.  2100NEWS Digital Assets Total Index (NWST1100) which measures the performance of top 1100 crypto assets by market capitalization jumped by 9.88% in the last 24 hours. Today Coins have soared by 12.86%, Bitcoin by 9.79% and Ether by 12.82%.

Crypto.com Chain Crypto.com Chain (CRO)

2100News ranking: Index member:

Crypto.com Chain Token is the official token of Crypto.com Chain. CRO tokens are able to be used and/or earned in connection with this product by eligible persons in the following key ways: Token ERC20 contract and daily distribution smart contract were successfully audited by Quantstamp and Certik. CRO Token will be the native Crypto.com Chain token that enables cross-asset intermediary currency settlement; All network participants writing transactions on the Crypto. com Chain will have to use CRO Token to settle block transaction fees. 

Top movers of the day at 6 pm are EvenCoin and Crypto.com Chain which has surged 50.03% since midnight. After we were observing consolidation yesterday afternoon, in the last 12 hours new strong wave up was growing.  2100NEWS Digital Assets Total Index (NWST1100) which measures the performance of top 1100 crypto assets by market jumped by 7.98% in the last 24 hours. Today Coins have soared by 12.74%, Bitcoin by 10.51% and Ether by 13.90%. 

EvenCoin EvenCoin (EVN)

2100News ranking: 387, Small cap, Index member: NWST1100, NWSS300

EvenCoin is a new self-mining smart contract where no hardware is required to mine EvenCoin but it gets mining in parallel to even numbers of Ethereum blocks with ERC20 compliant with a total supply of 100 Million Coins. Unlike Bitcoin where energy & infrastructure is required to mining coin EvenCoin is a self-mining currency in conjunction to even numbers of Ethereum block.

Top movers of the day at 1 pm are Stratis and Bitcoin Cash. Crypto.com Chain has surged 46.05% since midnight. After we were observing consolidation yesterday afternoon, in the last 6 hours has started a new strong wave up. Again Coins (NWSCo100)  and large-caps included in 2100NEWS Digital Assets 100 Large Cap Index (NWSL100) have made the biggest move in this Christmas rally. Today Coins have soared by 9.68%, Bitcoin by 9,13% and Ether by 5.35%. 

On the chart we can see, that price of NWST1100 has reached the Target with very strong momentum. RSI indicator over 60 means start of bullish trend. Christmas rally can bring surprise.

Bitcoin Cash

 Bitcoin Cash (BCH)

2100News ranking: 6, Blue chip, Index member: NWST1100, NWSL100, NWS30, NWSCo100

Bitcoin Cash which is P2P digital money for the Internet is entirely decentralized without central banks and does not require trusted third parties to run. Anyone who had Bitcoin at the time Bitcoin Cash was released became Bitcoin Cash owner. In other words, Bitcoin owners as of block 478558 (August 1st, 2017, 13:16 UTC) hold the same number of Bitcoin Cash when they had Bitcoin at that time. If their Bitcoins are kept by a third party like an exchange, customers must query with them concerning to their Bitcoin Cash. Any Bitcoin transactions after the August 1st ledger split are entirely separated from Bitcoin Cash, which means that any Bitcoin acquired after the division does not relate to any Bitcoin Cash, and in exchange, any Bitcoin Cash does not include any Bitcoin.

Top movers of the day are Stratis and Apollo Currency. Crypto.com Chain has surged 29.90% since midnight. Crypto Market Breadth says that almost a half of Tokens and Coins were declining in the last 24 hours. We were observing a correction after strong Christmas rally. Coins (NWSCo100)  and large-caps included in 2100NEWS Digital Assets 100 Large Cap Index (NWSL100) have made the biggest move in this rally. In the last 24 hours, Coins have increased by 0.71%, Bitcoin by 0,42% and Ether has decreased by 0.59%. 

Stratis Stratis (STRAT)

2100News ranking: 57, Large cap, Index member: NWST1100, NWSL100, NWSCo100

Stratis is a cryptocurrency used on a platform which provides flexible and affordable end-to-end solutions. These solutions can be applied to the experiment, construction, and deployment of C# blockchain applications based on the .net framework. They are also attached to users’ needs with a quite competitive price.

 


BrankoDecember 17, 2018

8min660

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

6min485

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.

 



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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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