Cryptocurrencies Archives - 2100NEWS

BrankoJune 27, 2022
Financial-Graph-On-Technology-Abstract-Background-Picture--1280x720.jpg

7min60



The NWST1100 index has rebounded by 8.71% over the previous week. Coins represented by the NWSC0100 index (-13.90%) have been the best-performing in the last thirty days.

*Below, we present a standardized weekly report and next week’s outlook, prepared based on Swingtum Theory of intelligent finance. We gauge the crypto market’s breadth and direction by showing charts 2100NEWS Digital Assets Total Index (NWST1100), which measures 1100 (by market capitalization) significant crypto assets’ performance. The information-laden chart is difficult to read initially, but the graph shows essential price information, crucial decisive price levels, momentum, trading volumes, and crypto market breadth. 

The previous report showed that our last week’s assumption had been that “a rebound to pivot S1 is likely (+20%).” The NWST1100 chart shows the rebound. Momentum indicators at the top show: PPO lines, RSI, and the PPO histogram (green arrow); they changed direction, as well as the Breadth indicators (at the bottom of the chart).

The chart on the right shows The percentage of digital assets trading above a 50-days moving average breadth indicator: All four A50R lines are strongly oversold (belove 10), but the breadth indicator of the NWST1100 index started rising. However, in various measures of market breadth on the chart can be seen more clearly that the crypto markets were in a downtrend.

* 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

The waves are at least partially predictable due to their quasi-periodic nature; the area plots the McClellan Summation Index, a long-term measure of market breadth, that changed direction and started rising last week. If we look ahead, the Momentum indicators give us the following signals in the coming days: RSI and PPO histogram, PPO lines, and the Breadth indicators at the bottom of the chart may continue moving upward. Based on this setup, I think a continuation of the rebound is likely.

 

 

 

 

 

 

 

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

The table shows that the total (NWST1100) index has rebounded by 8.71% over the last week. On the chart below, we can see Bitcoin, Ether, and the 2100NEWS DA Indexes, which measure the performance of Ethereum-based tokens (NWSET100), Large caps (NWSL100), and Coins (NWSCo100). Coins (NWSCo100) have been the best-performing during the previous thirty days (-13.90%).

 

 

 

 

Crypto (Digital Assets) compared with global equity

The chart compares the performance of the average Digital Asset (Coins, Tokens) represented by our NWST1100  index with the average global share represented by the Dow Jones global W1Dow index. Their quotient hit a record high seven months ago; however, it is 68% lower now. The Percentage Change Marks on the chart show that NWST1100 lagged behind  W1Dow by 34.1% over the last 12 months, while this year, NWST1100 was 55.8% lower. The blue curve is the average index price during the previous twelve months. We can see that the NWST1100 spot price is 57% lower than twelve months index’s average price. That means: If we bought one NWST1100 every day over the last twelve months, our investment is recording a 57% loss today.  Global equity (W1Dow) spot price is 14.1% lower than twelve months index’s average price.

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

 

 


BrankoJune 22, 2022
Izdelek-brez-naslova-2.png

9min80


The NWST1100 index plunged 27.8% over the previous week. Helium (HNT) Large-cap Coin is a member of the NWSL100 crypto index, making the most significant jump in our ranking over the last two weeks.

*Below, we present a standardized weekly report and next week’s outlook, prepared based on Swingtum Theory of intelligent finance. We gauge the crypto market’s breadth and direction by showing charts 2100NEWS Digital Assets Total Index (NWST1100), which measures 1100 (by market capitalization) significant crypto assets’ performance. 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 last week’s assumption. “A continuation of the downtrend was likely.” The NWST1100 chart shows the index price experienced a sharp decline. The chart shows momentum indicators: RSI, PPO histogram, PPO lines (at the top of the chart), and the breadth indicators at the bottom of the chart. They continued falling.

The chart on the right shows The percentage of digital assets trading above a 50-day moving average breadth indicator: All four A50R lines are extremely oversold readings (beloved 5). In various measures of market breadth on the chart can be seen more clearly that crypto markets were in a downtrend.

* 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

The waves are at least partially predictable due to their quasi-periodic nature. If we look ahead, the Momentum indicators give us the following signals: RSI is 21 (oversold); RSI, PPO histogram, PPO lines, and the Breadth indicators at the bottom of the chart may change direction in the coming days. Based on this setup, I think: a rebound to pivot S1 is likely (+20%).

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

We can see in the table that the total index (NWST1100) plunged  27.80% during the previous week.

 

Crypto (Digital Assets) compared with global equity

The chart compares the performance of the average Digital Asset (Coins, Tokens) represented by our NWST1100  index with the average global share represented by the Dow Jones global W1Dow index. Their quotient hit a record high seven months ago; however, it is 69% lower now. The Percentage Change Marks on the chart show that NWST1100 lagged behind  W1Dow by 46.2% over the last 12 months, while this year, NWST1100 was 57.5% lower. The blue curve is the average index price during the previous twelve months. We can see that the NWST1100 spot price is 61.7% lower than twelve months index’s average price. That means: If we bought one NWST1100 every day over the last twelve months, our investment is recording a 61.7% loss today.  Global equity (W1Dow) spot price is 17.7% lower than twelve months index’s average price.

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

Indexes Revision 6-17-2022

The Bi-weekly revision updates the amount of each asset publicly available and any additions and deletions from the indexes. New mid-caps are Optimism, yOUcash, and Bella Protocol. Additions and deletions for the other indexes from the family are available in each index presentation.

 

Winner member

We gauged the Helium (HNT) Large-cap Coin with 2100NEWS Digital Assets 100 Large Cap Index (NWSL100) to make an appropriate peer comparison. On average (violet area chart), the relationship between NWSL100  and HNT has shown that HNT was more potent over the last two months, and HNT has beaten NWSL100  by 44% during the previous two months. First, let’s compare the HNT green area graph with the index (orange area graph) while observing the correlation graph. The correlation graph explains the correlation is strong (Pearson’s correlation coefficient = 0.94). 80% of the time, it was moving in the same direction as the NWSL100. So, it has been a good representative of the NWSL100 index regarding price changes.

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

Helium Helium (HNT) Website: https://www.helium.com/

Helium (HNT) Large-cap Coin is 46th in the 2100NEWS ranking. It is an Index member: NWST1100, NWSL100, NWSCo100

2100NEWS DA Orderbook Quality Evaluation Grade:  Poor, 13.7 (Average for Large caps: 17.1)


Over the last week, the average market cap was 1,105.3 million $, and the average daily volume was 45.6 million $.

Launched in July 2019, Helium is a decentralized wireless network that allows low-power smart devices to send and receive data to the internet. Miners earn HNT for providing network coverage and relaying data to the internet using Hotspot hardware.

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


BrankoJune 15, 2022
email-marketing.png

7min62



The NWST1100 index has fallen by 3.72% over the previous week; its chart shows the downside breakout and the downtrend’s continuation. Bitcoin (-22.87%) has been the best-performing in the last thirty days.

*Below, we present a standardized weekly report and next week’s outlook, prepared based on Swingtum Theory of intelligent finance. We gauge the crypto market’s breadth and direction by showing charts 2100NEWS Digital Assets Total Index (NWST1100), which measures 1100 (by market capitalization) significant crypto assets’ performance. The information-laden chart is difficult to read initially, but the graph shows essential price information, crucial decisive price levels, momentum, trading volumes, and crypto market breadth. 

The previous report showed that our last week’s assumption had been: “a move to pivot P was likely (+18%); however, a continuation of the downtrend was possible.” The NWST1100 chart shows the downside breakout and the downtrend’s continuation. Momentum indicators at the top show: PPO lines, RSI, and the PPO histogram; they have changed direction, as well as the Breadth indicators (at the bottom of the chart).

The chart on the right shows The percentage of digital assets trading above a 50-days moving average breadth indicator: All four A50R lines are strongly oversold (belove 30). In various measures of market breadth on the chart can be seen more clearly that the crypto markets were in a downtrend.

* 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

The waves are at least partially predictable due to their quasi-periodic nature; the area plots the McClellan Summation Index, a long-term measure of market breadth, that changed direction and started falling last week. If we look ahead, the Momentum indicators give us the following signals in the coming days: RSI and PPO histogram, PPO lines, and the Breadth indicators at the bottom of the chart may continue moving downward. Based on this setup, I think a continuation of the downtrend is likely.

 

 

 

 

 

 

 

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

The table shows that the total (NWST1100) index has fallen by 3.72% over the last week. On the chart below, we can see Bitcoin, Ether, and the 2100NEWS DA Indexes, which measure the performance of Ethereum-based tokens (NWSET100), Large caps (NWSL100), and Coins (NWSCo100). Bitcoin (-16.25%) has been the best-performing during the previous thirty days.

 

 

 

 

Crypto (Digital Assets) compared with global equity

The chart compares the performance of the average Digital Asset (Coins, Tokens) represented by our NWST1100  index with the average global share represented by the Dow Jones global W1Dow index. Their quotient hit a record high seven months ago; however, it is 59.7% lower now. The Percentage Change Marks on the chart show that NWST1100 lagged behind  W1Dow by 28.4% over the last 12 months, while this year, NWST1100 was 44.5% lower. The blue curve is the average index price during the previous twelve months. We can see that the NWST1100 spot price is 46.3% lower than twelve months index’s average price. That means: If we bought one NWST1100 every day over the last twelve months, our investment is recording a 46.3% loss today.  Global equity (W1Dow) spot price is 13.5% lower than twelve months index’s average price.

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

 

 


BrankoJune 6, 2022
weeklyRep1-1280x720.png

12min73


The NWST1100 index has risen by 3.76% over the previous week;  the index price formed a symmetrical triangle. Chain (XCN) Token is a member of the NWSL100 crypto index, making the most significant jump in our ranking over the last two weeks.

*Below, we present a standardized weekly report and next week’s outlook, prepared based on Swingtum Theory of intelligent finance. We gauge the crypto market’s breadth and direction by showing charts 2100NEWS Digital Assets Total Index (NWST1100), which measures 1100 (by market capitalization) significant crypto assets’ performance. 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: “The pivot P could be a target for an upward movement; a resumption of the downtrend was less likely.” The NWST1100 chart shows the index price formed a symmetrical triangle, which is a neutral pattern where price action grows increasingly narrow and does not lean in any direction. While the triangle itself is neutral, it may be followed by a breakout to either side—up or down. The chart shows momentum indicators: RSI, PPO histogram, PPO lines (at the top of the chart), and the breadth indicators at the bottom of the chart. RSI and PPO histogram changed direction to downward.

The chart on the right shows The percentage of digital assets trading above a 50-days moving average breadth indicator: All four A50R lines are extremely oversold readings (belove 10). In various measures of market breadth on the chart can be seen more clearly that crypto markets were in a downtrend.

* 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

The waves are at least partially predictable due to their quasi-periodic nature. If we look ahead, the Momentum indicators give us the following signals: RSI is 37; RSI, PPO histogram may change direction; PPO lines and the Breadth indicators at the bottom of the chart may continue rising in the coming days.  My opinion is based on this setup: a move to pivot P is likely (+18%); however, a continuation of the downtrend is possible.

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

We can see in the table that the total index (NWST1100) has risen by 3.76% during the previous week. The chart below shows Bitcoin, Ether, and the 2100NEWS DA Indexes, which measure the performance of Ethereum-based tokens (NWSET100), Large caps (NWSL100), and Coins (NWSCo100). Bitcoin (-14.04%) has been the best-performing during the previous thirty days.

 

 

 

 

Crypto (Digital Assets) compared with global equity

The chart compares the performance of the average Digital Asset (Coins, Tokens) represented by our NWST1100  index with the average global share represented by the Dow Jones global W1Dow index. Their quotient hit a record high six months ago; however, it is 60% lower now. The Percentage Change Marks on the chart show that NWST1100 lagged behind  W1Dow by 39.4% over the last 12 months, while this year, NWST1100 was 44.9% lower. The blue curve is the average index price during the previous twelve months. We can see that the NWST1100 spot price is 45.3% lower than twelve months index’s average price. That means: If we bought one NWST1100 every day over the last twelve months, our investment is recording a 45.3% loss today.  Global equity (W1Dow) spot price is 9.5% lower than twelve months index’s average price.

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

Indexes Revision 6-3-2022

The Bi-weekly revision updates the amount of each asset publicly available and any additions and deletions from the indexes. Terra Luna and JUST improved their ranking; they were added to NWSL100 and deleted from NWSM200; TonCoin and Frax Share were deleted from NWSL100. New mid-caps are Alien Worlds, Fibbon Finance, and Bitcoin BEP2. Additions and deletions for the other indexes from the family are available in each index presentation.

 

Winner member

We gauged the Chain (XCN) Large-cap Ethereum-based Token with 2100NEWS Digital Assets 100 Large Cap Index (NWSL100) to make an appropriate peer comparison. On average (violet area chart), the relationship between NWSL100  and XCN has shown that XCN was more potent over the last two months, and XCN has beaten NWSL100  by 408% during the previous two months. First, let’s compare the XCN green area graph with the index (orange area graph) while observing the correlation graph. The correlation graph explains that the correlation is negative and weak (Pearson’s correlation coefficient = -0.47). Only 56% of the time, it was moving in the same direction as the NWSL100. So, it has been a bad representative of the NWSL100 index regarding 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 project’s progress in case of price changes. It seems important to us whether the project is out of the ordinary tide of crypto project prices. Peer comparison should be efficient and effective, considering an investor’s point of view. 

 

XCN

Chain (XCN) Website: https://chain.com/

Chain (XCN) Large-cap Ethereum-based Token is 23rd in the 2100NEWS ranking. It is an Index member: NWST1100, NWSL100, NWS30, NWSTo100, NWSET100, NWSDM100

2100NEWS DA Orderbook Quality Evaluation Grade:  Ordinary, 19.8 (Average for Large caps: 17.3)


Over the last week, the average market cap was 2,816.7 million $, and the average daily volume was 93.1 million $.

Chain is a cloud blockchain infrastructure that enables organizations to build better financial services from the ground up. The Chain has launched Chain Core, a permissioned and open-source blockchain, and Sequence, its ledger as a service product. Clients can receive discounts and pay for commercial fees with Chain Tokens (XCN), participate in community protocol governance, and access premium features. Chain Protocol is a design for a shared, multi-asset, cryptographic ledger. It supports the coexistence and interoperability of multiple independent networks with different operators, sharing a common format and capabilities. Control over assets is separated from control over ledger synchronization using the principle of least authority. The Chain Protocol allows any network participant to define and issue assets by writing custom “issuance programs.” Chain Core is an enterprise software product that implements the Chain Protocol. An open-source developer edition is freely available, and Chain operates a Chain blockchain network as a freely accessible testnet.

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


BrankoMay 31, 2022
5c0a858e1361e1544193422-1280x720.jpeg

7min87



The NWST1100 index declined by 5.48% over the previous week. The McClellan Summation Index, a long-term measure of market breadth,  changed direction to positive last week and announced a bottoming process. Bitcoin (-22.87%) has been the best-performing during the previous thirty days.

*Below, we present a standardized weekly report and next week’s outlook, prepared based on Swingtum Theory of intelligent finance. We gauge the crypto market’s breadth and direction by showing charts 2100NEWS Digital Assets Total Index (NWST1100), which measures 1100 (by market capitalization) significant crypto assets’ performance. The information-laden chart is difficult to read initially, but the graph 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: “the rebound may last, and a move over support S2 was likely (+10%).” The NWST1100 chart shows that the rebound did not last, and the index price ended lower than a week ago. Momentum indicators at the top show: PPO lines, RSI, and the PPO histogram. PPO lines and the Breadth indicators (at the bottom of the chart) have risen; RSI and the PPO histogram have changed direction.

The chart on the right shows The percentage of digital assets trading above a 50-days moving average breadth indicator: All four A50R lines are strongly oversold (belove 30). In various measures of market breadth on the chart can be seen more clearly that the crypto markets were in a downtrend.

* 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

The waves are at least partially predictable due to their quasi-periodic nature; the area plots the McClellan Summation Index, a long-term measure of market breadth, that changed direction to upward last week. If we look ahead, the Momentum indicators give us the following signals in the coming days: RSI and PPO histogram may change direction; PPO lines and the Breadth indicators at the bottom of the chart may continue moving upward. My opinion is based on this setup: The pivot P could be a target for an upward movement; a resumption of the downtrend is less likely.

 

 

 

 

 

 

 

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

The table shows that the total (NWST1100) index declined by 5.48% over the last week. On the chart below, we can see Bitcoin, Ether, and the 2100NEWS DA Indexes, which measure the performance of Ethereum-based tokens (NWSET100), Large caps (NWSL100), and Coins (NWSCo100). Bitcoin (-22.87%) has been the best-performing during the previous thirty days.

 

 

 

 

Crypto (Digital Assets) compared with global equity

The chart compares the performance of the average Digital Asset (Coins, Tokens) represented by our NWST1100  index with the average global share represented by the Dow Jones global W1Dow index. Their quotient hit a record high six months ago; however, it is 61.7% lower now. The Percentage Change Marks on the chart show that NWST1100 lagged behind  W1Dow by 39.4% over the last 12 months, while this year, NWST1100 was 47% lower. The blue curve is the average index price during the previous twelve months. We can see that the NWST1100 spot price is 45.7% lower than twelve months index’s average price. That means: If we bought one NWST1100 every day over the last twelve months, our investment is recording a 45.7% loss today.  Global equity (W1Dow) spot price is 9% lower than twelve months index’s average price.

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

 

 


BrankoMay 23, 2022
crypto.jpg

12min109


The NWST1100 index fell 3.43% over the previous week;  indicators changed direction to upward. Chain (XCN) Token is a member of the NWSL100 crypto index, making the most significant jump in our ranking over the last two weeks.

*Below, we present a standardized weekly report and next week’s outlook, prepared based on Swingtum Theory of intelligent finance. We gauge the crypto market’s breadth and direction by showing charts 2100NEWS Digital Assets Total Index (NWST1100), which measures 1100 (by market capitalization) significant crypto assets’ performance. 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: “The support S2 flipped to resistance after a spike and a rebound. That level could be the target for an upward move and less likely resumption of the downtrend.” The NWST1100 chart shows the index price moved to the Keltner channel inside the descending channel, but the resistance was strong. The Momentum indicators at the top show: RSI, PPO histogram, PPO lines, and the breadth indicators at the bottom of the chart, and these indicators changed direction to upward.

The chart on the right shows The percentage of digital assets trading above a 50-days moving average breadth indicator: All four A50R lines are extremely oversold readings (belove 10). In various measures of market breadth on the chart can be seen more clearly that crypto markets were in a downtrend.

* 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

The waves are at least partially predictable due to their quasi-periodic nature. If we look ahead, the Momentum indicators give us the following signals: RSI is 31; RSI, PPO histogram, and PPO lines may continue rising in the coming days. The Breadth indicators at the bottom of the chart may flatten. My opinion is based on this setup: the rebound may last, and a move over support S2 is likely (+10%).

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

We can see in the table that the total index (NWST1100) fell by 3.43% during the previous week. The chart below shows Bitcoin, Ether, and the 2100NEWS DA Indexes, which measure the performance of Ethereum-based tokens (NWSET100), Large caps (NWSL100), and Coins (NWSCo100). Bitcoin (-24.92%) has been the best-performing during the previous thirty days.

 

 

 

 

Crypto (Digital Assets) compared with global equity

The chart compares the performance of the average Digital Asset (Coins, Tokens) represented by our NWST1100  index with the average global share represented by the Dow Jones global W1Dow index. Their quotient hit a record high six months ago; however, it is 57.7% lower now. The Percentage Change Marks on the chart show that NWST1100 lagged behind  W1Dow by 38.5% over the last 12 months, while this year, NWST1100 was 41.6% lower. The blue curve is the average index price during the previous twelve months. We can see that the NWST1100 spot price is 44.8% lower than twelve months index’s average price. That means: If we bought one NWST1100 every day over the last twelve months, our investment is recording a 44.8% loss today.  Global equity (W1Dow) spot price is 13.4% lower than twelve months index’s average price.

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

Indexes Revision 5-20-2022

The Bi-weekly revision updates the amount of each asset publicly available and any additions and deletions from the indexes. Chain, Gnosis, and TonCoin improved their ranking; they were added to NWSL100 and deleted from NWSM200; Oasis Network, Terra Luna, and Anchor protocol were deleted from NWSL100. New mid-caps are Project Galaxy, NEST Protocol, and GensoKishi Metaverse… Additions and deletions for the other indexes from the family are available in each index presentation.

 

Winner member

We gauged the Chain (XCN) Large-cap Ethereum-based Token with 2100NEWS Digital Assets 100 Large Cap Index (NWSL100) to make an appropriate peer comparison. On average (violet area chart), the relationship between NWSL100  and XCN has shown that XCN was more potent over the last two months, and XCN has beaten NWSL100  by 159% during the previous two months. First, let’s compare the XCN green area graph with the index (orange area graph) while observing the correlation graph. The correlation graph explains that the correlation is weak (Pearson’s correlation coefficient = -0.09. Only 54% of the time, it was moving in the same direction as the NWSL100. So, it has been a bad representative of the NWSL100 index regarding 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 project’s progress in case of price changes. It seems important to us whether the project is out of the ordinary tide of crypto project prices. Peer comparison should be efficient and effective, considering an investor’s point of view. 

 

XCN

Chain (XCN) Website: https://chain.com/

Chain (XCN) Large-cap Ethereum-based Token is 80th in the 2100NEWS ranking. It is an Index member: NWST1100, NWSL100, NWSTo100, NWSET100, NWSDM100

2100NEWS DA Orderbook Quality Evaluation Grade:  Ordinary, 19.2 (Average for Large caps: 17)


Over the last week, the average market cap was 1,576.4 million $, and the average daily volume was 198.3 million $.

Chain is a cloud blockchain infrastructure that enables organizations to build better financial services from the ground up. The Chain has launched Chain Core, a permissioned and open-source blockchain, and Sequence, its ledger as a service product. Clients can receive discounts and pay for commercial fees with Chain Tokens (XCN), participate in community protocol governance, and access premium features. Chain Protocol is a design for a shared, multi-asset, cryptographic ledger. It supports the coexistence and interoperability of multiple independent networks with different operators, sharing a common format and capabilities. Control over assets is separated from control over ledger synchronization using the principle of least authority. The Chain Protocol allows any network participant to define and issue assets by writing custom “issuance programs.” Chain Core is an enterprise software product that implements the Chain Protocol. An open-source developer edition is freely available, and Chain operates a Chain blockchain network as a freely accessible testnet.

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


BrankoMay 17, 2022
5c0a858e1361e1544193422-1280x720.jpeg

8min128



The NWST1100 index plunged by 25.32% over the previous week; the index experienced a black swan event, one of the largest collapses in crypto history. Top 10 crypto Luna’s market cap and its stablecoin UST fell from $80B at their peak to merely a fraction of that.

*Below, we present a standardized weekly report and next week’s outlook, prepared based on Swingtum Theory of intelligent finance. We gauge the crypto market’s breadth and direction by showing charts 2100NEWS Digital Assets Total Index (NWST1100), which measures 1100 (by market capitalization) significant crypto assets’ performance. The information-laden chart is difficult to read initially, but the graph 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: “the downtrend might last, and a move to support S2 was likely, but a rebound and move to support S1 by the end of the week was expected, too” The NWST1100 chart shows a black swan event, one of the largest collapses in crypto history, more extensive than Lehman Brothers in 2008, when LB went from $60B at peak to bankruptcy. This week, something even bigger happened in monetary terms. Top 10 crypto Luna’s market cap fell from $50B at peak + an additional $30B in total value locked (LVT) in its stablecoin UST to merely a fraction of that. UST is an algorithmic stablecoin intended to maintain stability through a 1:1 mint and redeem mechanism: a user must burn an equal amount of LUNA to mint UST;  (burn $1 LUNA to mint $1 UST). To exit, a user can redeem their UST for an amount of LUNA. Momentum indicators at the top show: PPO lines, RSI, and the PPO histogram. PPO lines and the Breadth indicators (at the bottom of the chart) have fallen; RSI and the PPO histogram have changed direction.

The chart on the right shows The percentage of digital assets trading above a 50-days moving average breadth indicator: All four A50R lines are strongly oversold (belove 30). In various measures of market breadth on the chart can be seen more clearly that the crypto markets were in a downtrend.

* 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

The waves are at least partially predictable due to their quasi-periodic nature; the area plots the McClellan Summation Index, a long-term measure of market breadth. If we look ahead, the Momentum indicators give us the following signals in the coming days: RSI and PPO histogram may continue moving upward; PPO lines may change direction;  and the Breadth indicators at the bottom of the chart may flatten. My opinion is based on this setup: The support S2 flipped to resistance after a spike and a rebound. That level could be the target for an upward move and less likely resumption of the downtrend.

 

 

 

 

 

 

 

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

The table shows that the total (NWST1100) index plunged by 25.32% over the last week. On the chart below, we can see Bitcoin, Ether, and the 2100NEWS DA Indexes, which measure the performance of Ethereum-based tokens (NWSET100), Large caps (NWSL100), and Coins (NWSCo100). Bitcoin (-25.69%) has been the best-performing during the previous thirty days.

 

 

 

 

Crypto (Digital Assets) compared with global equity

The chart compares the performance of the average Digital Asset (Coins, Tokens) represented by our NWST1100  index with the average global share represented by the Dow Jones global W1Dow index. Their quotient hit a record high six months ago; however, it is 56.5% lower now. The Percentage Change Marks on the chart show that NWST1100 lagged behind  W1Dow by 49.7% over the last 12 months, while this year, NWST1100 was 40% lower. The blue curve is the average index price during the previous twelve months. We can see that the NWST1100 spot price is 44.1% lower than twelve months index’s average price. That means: If we bought one NWST1100 every day over the last twelve months, our investment is recording a 44.1% loss today.  Global equity (W1Dow) spot price is 12.7% lower than twelve months index’s average price.

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

 

 


BrankoMay 10, 2022
email-marketing.png

12min74


The NWST1100 index has plunged 6.57% over the previous week. PancakeSwap (CAKE) Token is a member of the NWSL100 crypto index, making the most significant jump in our ranking over the last two weeks.

*Below, we present a standardized weekly report and next week’s outlook, prepared based on Swingtum Theory of intelligent finance. We gauge the crypto market’s breadth and direction by showing charts 2100NEWS Digital Assets Total Index (NWST1100), which measures 1100 (by market capitalization) significant crypto assets’ performance. 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 NWST1100 chart shows the index price journey inside the descending channel. The index had moved to 25-Days EMA, but the resistance was strong, and the index had fallen to support S1. The index spiked to this level (red rectangular) twice in January and February. The Momentum indicators at the top show: RSI, PPO lines, and the breadth indicators at the bottom of the chart, and these indicators were in a downtrend.

The chart on the right shows The percentage of digital assets trading above a 50-days moving average breadth indicator: All four A50R lines are extremely oversold readings (belove 10). In various measures of market breadth on the chart can be seen more clearly that crypto markets were in a downtrend.

* 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

The waves are at least partially predictable due to their quasi-periodic nature. If we look ahead, the Momentum indicators give us the following signals: RSI is 28 (oversold); RSI, PPO histogram, and PPO lines may change direction and start rising in the coming days. The Breadth indicators at the bottom of the chart may flatten. My opinion is based on this setup: the downtrend may last, and a move to support S2 is likely, but a rebound and move to support S1 by the end of the week is expected, too.

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

We can see in the table that the total index (NWST1100) has fallen by 6.57% during the previous week. The chart below shows Bitcoin, Ether, and the 2100NEWS DA Indexes, which measure the performance of Ethereum-based tokens (NWSET100), Large caps (NWSL100), and Coins (NWSCo100). Bitcoin (-28.01%) has been the best-performing during the previous thirty days.

 

 

 

 

Crypto (Digital Assets) compared with global equity

The chart compares the performance of the average Digital Asset (Coins, Tokens) represented by our NWST1100  index with the average global share represented by the Dow Jones global W1Dow index. Their quotient hit a record high six months ago; however, it is 43.1% lower now. The Percentage Change Marks on the chart show that NWST1100 lagged behind  W1Dow by 38.3% over the last 12 months, while this year, NWST1100 was 21.6% lower. The blue curve is the average index price during the previous twelve months. We can see that the NWST1100 spot price is 26% lower than twelve months index’s average price. That means: If we bought one NWST1100 every day over the last twelve months, our investment is recording a 26% loss today.  Global equity (W1Dow) spot price is 11.2% lower than twelve months index’s average price.

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

Indexes Revision 5-6-2022

The Bi-weekly revision updates the amount of each asset publicly available and any additions and deletions from the indexes. PancakeSwap and The Graph improved their ranking; they were added to NWSL100 and deleted from NWSM200; BORA and Sushi were deleted from NWSL100. New mid-caps are Threshold, MobileCoin, and Anyswap… Additions and deletions for the other indexes from the family are available in each index presentation.

 

Winner member

We gauged the PancakeSwap (CAKE) Large-cap Non-Ethereum-based Token with 2100NEWS Digital Assets 100 Large Cap Index (NWSL100) to make an appropriate peer comparison. On average (violet area chart), the relationship between NWSL100  and CAKE has shown that CAKE was more potent over the last two months, and CAKE has beaten NWSL100  by 35% during the previous two months. First, let’s compare the CAKE green area graph with the index (orange area graph) while observing the correlation graph. The correlation graph explains that the correlation is strong (Pearson’s correlation coefficient = 0.64. It was moving in the same direction as the NWSL100. So, it has been a good representative of the NWSL100 index regarding 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 project’s progress in case of price changes. It seems important to us whether the project is out of the ordinary tide of crypto project prices. Peer comparison should be efficient and effective, considering an investor’s point of view. 

 

CAKE

PancakeSwap (CAKE) Website: https://pancakeswap.finance/

PancakeSwap (CAKE) Large-cap Non-Ethereum-based Token is 38th in the 2100NEWS ranking. It is an Index member: NWST1100, NWSL100, NWSTo100, NWSOT50

2100NEWS DA Orderbook Quality Evaluation Grade:  Ordinary, 16.8 (Average for Large caps: 17.2)


Over the last week, the average market cap was 2.237.8 million $, and the average daily volume was 128.8 million $.

PancakeSwap is a decentralized exchange for swapping BEP20 tokens on Binance Smart Chain. PancakeSwap uses an automated market maker (AMM) model where users trade against a liquidity pool. Such pools are filled with users’ funds. They deposit them into the pool, receiving liquidity provider (or LP) tokens in return. They can use those tokens to reclaim their share, plus a portion of the trading fees. The LP tokens are called FLIP tokens. PancakeSwap also allows users to farm additional tokens – CAKE and SYRUP. On the farm, users can deposit LP tokens, locking them up in a process that rewards users with CAKE. Users can stake CAKE tokens to receive SYRUP, which will have additional functionality as governance tokens (and tickets in lotteries).

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


BrankoApril 25, 2022
1127137065497873.hADlpG09As2HTHOTPllh_height640.png

11min130


The NWST1100 index has fallen by 1.75% over the previous week; the Rally failed. Serum (SRM) Coin is a member of the NWSL100 crypto index, making the most significant jump in our ranking over the last two weeks.

*Below, we present a standardized weekly report and next week’s outlook, prepared based on Swingtum Theory of intelligent finance. We gauge the crypto market’s breadth and direction by showing charts 2100NEWS Digital Assets Total Index (NWST1100), which measures 1100 (by market capitalization) significant crypto assets’ performance. 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: “After double bottom, this level could open the doors for a possible rally to the 143-Day EMA (red curve). Less likely but possible was that support S1 would not hold (resumption of downtrend).”. The NWST1100 chart shows that the index had rallied to Pivot P, but the Rally failed, and the index has fallen. The Momentum indicators at the top show: RSI, PPO lines, and the breadth indicators at the bottom of the chart. These indicators were in a downtrend.

The chart on the right shows The percentage of digital assets trading above a 50-days moving average breadth indicator: All four A50R lines are oversold readings (belove 30). In various measures of market breadth on the chart can be seen more clearly that crypto markets were in a downtrend.

* 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

The waves are at least partially predictable due to their quasi-periodic nature. If we look ahead, the Momentum indicators give us the following signals: RSI is 37; RSI, PPO histogram, PPO lines, the Breadth indicators at the bottom of the chart may change direction and start rising in the coming days.  My opinion is based on this setup: the downtrend may last, and a move to support S1 is likely, but a rebound and move to Pivot P by the end of the week is expected, too.

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

We can see in the table that the total index (NWST1100) has fallen by 1.75% during the previous week. The chart below shows Bitcoin, Ether, and the 2100NEWS DA Indexes, which measure the performance of Ethereum-based tokens (NWSET100), Large caps (NWSL100), and Coins (NWSCo100). Ether (-9.39%) has been the best-performing during the previous thirty days.

 

 

 

 

Crypto (Digital Assets) compared with global equity

The chart compares the performance of the average Digital Asset (Coins, Tokens) represented by our NWST1100  index with the average global share represented by the Dow Jones global W1Dow index. Their quotient hit a record high five months ago; however, it is 37.7% lower now. The Percentage Change Marks on the chart show that NWST1100 lagged behind  W1Dow by 5.9% over the last 12 months, while this year, NWST1100 was 14.1% lower. The blue curve is the average index price during the previous twelve months. We can see that the NWST1100 spot price is 14.7% lower than twelve months index’s average price. That means: If we bought one NWST1100 every day over the last twelve months, our investment is recording a 14.7% loss today.  Global equity (W1Dow) spot price is 7.4% lower than twelve months index’s average price.

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

Indexes Revision 4-22-2022

The Bi-weekly revision updates the amount of each asset publicly available and any additions and deletions from the indexes. Serum improved its ranking; it was added to NWSL100 and deleted from NWSM200, and Kadena was deleted from NWSL100. New mid-caps are Chain, Arcala Network, and Lido for Solana… Additions and deletions for the other indexes from the family are available in each index presentation.

 

Winner member

We gauged the Serum (SRM) Large-cap Coin with 2100NEWS Digital Assets 100 Large Cap Index (NWSL100) to make an appropriate peer comparison. On average (violet area chart), the relationship between NWSL100  and SRM has shown that SRM was more potent over the last two months, and SRM has beaten NWSL100  by 24% during the previous two months. First, let’s compare the SRM green area graph with the index (orange 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 regarding 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 project’s progress in case of price changes. It seems important to us whether the project is out of the ordinary tide of crypto project prices. Peer comparison should be efficient and effective, considering an investor’s point of view. 

 

SRM

Serum (SRM) Website: https://www.projectserum.com/

Serum (SRM) Large-cap Coin is 92nd in the 2100NEWS ranking. It is an Index member: NWST1100, NWSL100, NWSCo100

2100NEWS DA Orderbook Quality Evaluation Grade:  Good, 21 (Average for Large caps: 17.2)


Over the last week, the average market cap was 588.5 million $, and the average daily volume was 92.9 million $.

Serum is a decentralized exchange (DEX) and ecosystem that brings unprecedented speed and low transaction costs to decentralized finance (DeFi). Serum is the only high-performant DEX designed around a fully on-chain central limit order book and matching engine. Ecosystem partners can compose with Serum’s on-chain orderbook to share liquidity and power their trading features for institutional and retail users.
The SRM utility and governance token enables users to receive discounts on protocol fees and voting rights; 100% of exchange fees flow back to SRM via buy-and-burn, staking rewards, and ecosystem grants.
Serum is an open-source project created by a consortium of partners, including FTX, Alameda Research, and the Solana Foundation.

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


BrankoApril 19, 2022
5c0a858e1361e1544193422-1280x720.jpeg

7min169



The NWST1100 index has fallen by 5.45% over the previous week; the index had touched and then rebounded off the support S1. Ether has been the best-performing in the last thirty days.

*Below, we present a standardized weekly report and next week’s outlook, prepared based on Swingtum Theory of intelligent finance. We gauge the crypto market’s breadth and direction by showing charts 2100NEWS Digital Assets Total Index (NWST1100), which measures 1100 (by market capitalization) significant crypto assets’ performance. The information-laden chart is difficult to read initially, but the graph 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: “the downtrend might continue, and a move to support S1 was likely; then, a rebound was possible” The NWST1100 chart shows the index had touched support S1 and then rebounded off the S1. Volume-by-Price is an indicator that shows the amount of volume for a particular price range, which is based on closing prices. Volume-by-Price bars are horizontal and displayed on the left side of the chart to correspond with these price ranges. Two colors bar separate the up volume and down volume. At the current price level, long up-volume portions reflect more demand; the buyers purchased the dip. Momentum indicators at the top show: PPO lines, RSI, and the PPO histogram. PPO lines and the Breadth indicators (at the bottom of the chart) have fallen; RSI and the PPO histogram have changed direction.

The chart on the right shows The percentage of digital assets trading above a 50-days moving average breadth indicator: All four A50R lines are oversold (belove 30). In various measures of market breadth on the chart can be seen more clearly that the crypto markets were in a downtrend.

* 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

The waves are at least partially predictable due to their quasi-periodic nature; the area plots the McClellan Summation Index, a long-term measure of market breadth. If we look ahead, the Momentum indicators give us the following signals in the coming days: RSI and PPO histogram may continue rising; PPO lines and the Breadth indicators at the bottom of the chart may change direction. My opinion is based on this setup: After double bottom, this level could open the doors for a possible rally to the 143-Day EMA (red curve). Less likely but possible is that support S1 will not hold (resumption of downtrend).

 

 

 

 

 

 

 

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

The table shows that the total (NWST1100) index has fallen by 5.45% over the last week. On the chart below, we can see Bitcoin, Ether, and the 2100NEWS DA Indexes, which measure the performance of Ethereum-based tokens (NWSET100), Large caps (NWSL100), Coins (NWSCo100). Ether (+3.51%) has been the best-performing during the previous thirty days.

 

 

 

 

Crypto (Digital Assets) compared with global equity

The chart compares the performance of the average Digital Asset (Coins, Tokens) represented by our NWST1100  index with the average global share represented by the Dow Jones global W1Dow index. Their quotient hit a record high five months ago; however, it is 39% lower now. The Percentage Change Marks on the chart show that NWST1100 lagged behind  W1Dow by 28.8% over the last 12 months, while this year, NWST1100 was 16% lower. The blue curve is the average index price during the previous twelve months. We can see that the NWST1100 spot price is 13.1% lower than twelve months index’s average price. That means: If we bought one NWST1100 every day over the last twelve months, our investment is recording a 13.1% loss today.  Global equity (W1Dow) spot price is 4.7% lower than twelve months index’s average price.

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

 

 



About us

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.


CONTACT US

CALL US ANYTIME



Latest posts



Newsletter


  • ethereumEthereum (ETH) $ 1,178.93 0.67%
  • litecoinLitecoin (LTC) $ 54.34 2.17%