Ether Archives - 2100NEWS

BrankoDecember 5, 2023
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5min2

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

Top Movers of the Day (at 9 a.m. update):

  • IoTeX and Aurora: These cryptocurrencies have posted significant gains over the last 24 hours. Aurora experienced a remarkable 50.44% surge since midnight, making it one of the day’s top performers.

Overview: The market has entered a consolidation phase with high volatility after a sharp surge the previous day. Consolidation periods often follow strong price moves as the market seeks to establish new support and resistance levels.

  1. NWSBCT Index for Blue Chips: Focusing on the more established cryptocurrencies, colloquially known as the “Blue Chips.” The NWSBCT Index has consolidated after yesterday’s overall uptick.
  2.  2100NEWS Total Index (NWST1100): Representing a broad spectrum of the crypto market, this index tracks 1100 significant cryptocurrencies based on their market cap; it has fallen by 0.78% in the last 24 hours. Such a decline, although modest, indicates that the upswing across the broader market has cooled.
  3. Bitcoin and Ether have had mixed performances. Bitcoin’s slight 0.29% increase contrasts with Ether’s 2.06% drop over the same time.

The criteria upon which these specific cryptocurrencies and indices have been highlighted are detailed in supplemental notes. The provided data offers a snapshot of the last 24 hours until 9 a.m. Therefore, it may not accurately represent the current market conditions at the time of your inquiry.

 

AURORA

Aurora (AURORA)

2100NEWS ranking: 453, Small cap Ethereum-based Token, Index member: NWST1100, NWSS300
2100NEWS DA Orderbook Quality Evaluation Grade: Poor, Score: 5.1 (Average for Small caps: 10)

Aurora is an Ethereum Virtual Machine created by the team at the NEAR Protocol, delivering a turn-key solution for developers to operate their apps on an Ethereum-compatible, high-throughput, scalable, and future-safe platform with low transaction costs for their users.

 

IOTX

IoTeX (IOTX)

2100NEWS ranking: 141, Mid-cap Ethereum-based Token, Index member: NWST1100, NWSM200, NWSTo100, NWSET100
2100NEWS DA Orderbook Quality Evaluation Grade: Poor, Score: 14.5 (Average for Tokens: 16.1)

IoTeX is a decentralized Internet of Things network powered by a Privacy-Centric Blockchain. Despite its rapid evolution, IoT is still far from mass adoption and lacks “killer applications” that would draw new users to the ecosystem due to low scalability, high operating cost, privacy concerns, and lack of functional values. IoTeX is tackling this problem by introducing a token economy into IoT spaces. We strongly believe that crypto incentives and community effort are the two key forces that propel innovations in the IoT space. In short, IoTeX is the next-generation IoT-oriented blockchain platform with strong scalability, privacy, isolatability, and developability for incubating new IoT applications and ecosystems.

 


BrankoDecember 4, 2023
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16min44

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

Top movers of the day are Aurora and Big Time which has surged 43.91% since 7 pm. Aurora is 18.22% higher. IoTeX has increased by 6.43%.

The crypto markets finished the day higher as illustrated in the adjacent chart showing the movement of the NWSBCT Index (Blue Chips) in the last 24 hours. The mid caps represented by 2100NEWS 200 Mid Cap Index (NWSM200) ended+2.15%. 2100NEWS Total Index (NWST1100) ended +2.70%. Bitcoin ended +4.71%, Ether ended +1.00%.

 

The criteria upon which these specific cryptocurrencies and indices have been highlighted are detailed in supplemental notes. The provided data offers a snapshot of the last 24 hours until midnight. Therefore, it may not accurately represent the current market conditions at the time of your inquiry.

 

BIGTIME

Big Time (BIGTIME)

2100NEWS ranking: 610, Microcap Ethereum-based Token, Index member: NWST1100, NWSMi500
2100NEWS DA Orderbook Quality Evaluation Grade: Excellent, Score: 13.2 (Average for Microcap: 6.6)

Big Time is a multiplayer action RPG for PC that melds a fast-combat system with an open game economy where players have an active role in generating and exchanging game items. Their approach is to make Web3 elements invisible to players, so they don’t represent an obstacle to entertainment and cater to a broader audience.

 

7:10 p.m. update: Top movers of the day are IoTeX and SuperRare. Since 2 pm IoTeX has surged 26.46%, SuperRare has increased by 10.19%. SuperVerse is 6.30% lower.

The growth of the crypto markets became moderated somewhat in the afternoon. According to the yesterday’s closings 2100NEWS Indices have increased up to 3.00%. 2100NEWS Total Index (NWST1100) is 2.00% higher. Ether has increased by 0.65%, Bitcoin even by 3.88%.

 

IOTX

IoTeX (IOTX)

2100NEWS ranking: 141, Mid-cap Ethereum-based Token, Index member: NWST1100, NWSM200, NWSTo100, NWSET100
2100NEWS DA Orderbook Quality Evaluation Grade: Poor, Score: 14.5 (Average for Tokens: 16.1)

IoTeX is a decentralized network for the Internet of Things, powered by a Privacy-Centric Blockchain. Despite its rapid evolution, IoT is still far from reaching mass adoption and lacks “killer applications” that would draw new users to the ecosystem due to low scalability, high operating cost, privacy concerns, and lack of functional values. IoTeX is tackling this problem by introducing a token economy into IoT spaces. We strongly believe that crypto incentives and the community effort are the two key forces to propel innovations in the IoT space. In short, IoTeX is the next-generation IoT-oriented blockchain platform with strong scalability, privacy, isolatability, and developability for incubating new IoT applications and ecosystems.

 

Top Movers of the Day (at 2 p.m. update):

  • Big Time and SuperVerse: These cryptocurrencies have posted significant gains over the last 24 hours. SuperVerse experienced an 18.83% rise since the morning update, making it one of the day’s top performers.

Overview:  Overall, the cryptocurrency market has been trending upward with strong investor confidence since 7 p.m. the previous day. The rise of Bitcoin by 5.97% has been a market driver due to its dominance and can lift the broader market sentiment. NWSBCT Index for Blue Chips: Focusing on the more established cryptocurrencies, colloquially known as the “Blue Chips.” The NWSBCT Index peaked before noon and experienced a slight dip afterward, which could indicate a normal market correction following a significant uptick. 2100NEWS Indices: The collection of indices from 2100NEWS, which covers various segments of the crypto market, has seen gains ranging between 0.44% and 3.75% since midnight, reflecting a widespread uplift in the crypto market. 2100NEWS Total Index (NWST1100): Representing a broad spectrum of the crypto market, this index tracks 1100 significant cryptocurrencies based on their market cap; it has soared by 4.11% in the last 24 hours. Bitcoin and Ether have contributed to this surge, with Bitcoin soaring 5.97% and Ether 4.65%, highlighting a bullish sentiment in the market.

 

SUPER

SuperVerse (SUPER)

2100NEWS ranking: 182, Mid-cap Ethereum-based Token, Index member: NWST1100, NWSM200, NWSET100, NWSDM100
2100NEWS DA Orderbook Quality Evaluation Grade: Poor, Score: 13.6 (Average for Ethereum-based Tokens: 15.9)

The SuperVerse is building and delivering Web3 products that empower crypto natives with next-generation NFT functionality and onboard Web2 users through immersive blockchain gaming experiences. The SuperVerse comprises two core verticals: NFT marketplace technology and video games. This wide array of Web3 tools and features is supported and governed by a single protocol and token: $SUPER ERC20 (formerly SuperFarm). The SuperVerse harbors two central products: GigaMart, a next-gen NFT marketplace with advanced analytics tools and unique social features, and Impostors, a social-gaming metaverse.”

 

Top Movers of the Day (at 9 a.m. update):

  • Bonk and Terra Classic: These cryptocurrencies have posted significant gains over the last 24 hours. Terra Classic experienced a remarkable 37.21% surge since midnight, making it one of the day’s top performers.

Overview:  The cryptocurrency market has shown a positive trend since 7 p.m. yesterday, with an overall upswing indicating robust market activity and investor confidence in the short term.

  1. NWSBCT Index for Blue Chips: Focusing on the more established cryptocurrencies, colloquially known as the “Blue Chips.” The NWSBCT Index has soared, mirroring the overall uptick.
  2. 2100NEWS Indices: The collection of indices from 2100NEWS, which covers various segments of the crypto market, has seen gains ranging between 1.30% and 2.99% since midnight, reflecting a widespread uplift in the crypto market.
  3.  2100NEWS Total Index (NWST1100): Representing a broad spectrum of the crypto market, this index tracks 1100 significant cryptocurrencies based on their market cap; it has soared by 3.82% in the last 24 hours.
  4. Bitcoin and Ether have contributed to this growth, with Bitcoin soaring 4.90% and Ether 3.82%, highlighting a bullish sentiment in the market.

 

LUNC

Terra Classic (LUNC)

2100NEWS ranking: 268, Mid-cap, Index member: NWST1100, NWSM200, NWSCo100, NWSDM100
2100NEWS DA Orderbook Quality Evaluation Grade: Extremely Weak, Score: 3 (Average for Coins: 15)

Luna Classic is the first native token of the Terra blockchain, released in August 2018. LUNC existed before the launch of the new chain — now branded Terra (LUNA) — and works with the original code of the Terra ecosystem. The primary function that the native token performed was to absorb the price deviation of the algorithmic stablecoin — $UST. The price of the UST stablecoin was pegged to the US dollar by minting and burning UST tokens to balance the supply and demand of the coin. In May 2022, UST lost its peg and collapsed. The UST stablecoin algorithm created trillions of LUNA tokens, fell into a hyperinflationary spiral, and reduced the value of the original LUNA token by 99%.

Terra (LUNA) and Terra Classic (LUNC) have the right to exist due to the implementation of a proposal called Terra Ecosystem Revival Plan 2. The essence of the plan is to split the current blockchain through forking,  creating a new chain in the ecosystem, and preserving the previous version. According to the recovery plan, the existing chain and token have been rebranded as Terra Classic. The new LUNA tokens were airdropped to existing holders of LUNA and UST before the depeg and the subsequent crash occurred.

 

ORDI

ORDI (ORDI)

2100NEWS ranking: 82, Large-cap Non-Ethereum-based Token, Index member: NWST1100, NWSL100, NWSTo100, NWSOT50, NWSDM100
2100NEWS DA Orderbook Quality Evaluation Grade: Poor, Score: 16.2 (Average for Large-caps: 18.2)

The Ordinal theory concerns itself with satoshis, giving them individual identities and allowing them to be tracked, transferred, and imbued with meaning. Satoshis, not Bitcoin, is the atomic, native currency of the Bitcoin network. One bitcoin can be subdivided into 100,000,000 satoshis, but no further. The ordinal theory does not require a sidechain or token aside from Bitcoin and can be used without any changes to the Bitcoin network. It works right now. Ordinal theory imbues satoshis with numismatic value, allowing them to be collected and traded as curios. Individual satoshis can be inscribed with arbitrary content, creating unique Bitcoin-native digital artifacts that can be held in Bitcoin wallets and transferred using Bitcoin transactions. Inscriptions are as durable, immutable, secure, and decentralized as Bitcoin itself.

 


LilyDecember 3, 2023
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8min47

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

Top movers of the day are SuperVerse and Bounce Token. Since morning SuperVerse has surged 21.47%, Bounce Token is 4.94% higher.

The crypto markets finished the day higher as illustrated by an adjacent chart showing the movement of the NWSBCT Index (Blue Chips) over the past 24 hours. 2100NEWS Indices which measure the performance of different groups of tokens and coins ended between +0.29% and +1.88%. Our main 2100NEWS Total Index (NWST1100) ended +1.55%. Bitcoin ended +1.76%, Ether ended +2.21%.

The criteria upon which these specific cryptocurrencies and indices have been highlighted are detailed in supplemental notes. The provided data offers a snapshot of the last 24 hours until midnight. Therefore, it may not accurately represent the current market conditions at the time of your inquiry.

 

SUPER

SuperVerse (SUPER)

2100NEWS ranking: 182, Mid-cap Ethereum-based Token, Index member: NWST1100, NWSM200, NWSET100, NWSDM100
2100NEWS DA Orderbook Quality Evaluation Grade: Poor, Score: 13.6 (Average for Ethereum-based Tokens: 15.9)

The SuperVerse is building and delivering Web3 products that empower crypto natives with next-generation NFT functionality and onboard Web2 users through immersive blockchain gaming experiences. The SuperVerse comprises two core verticals: NFT marketplace technology and video games. This wide array of Web3 tools and features is supported and governed by a single protocol and token: $SUPER ERC20 (formerly SuperFarm). The SuperVerse harbors two central products: GigaMart, a next-gen NFT marketplace with advanced analytics tools and unique social features, and Impostors, a social-gaming metaverse.”

 

Top movers of the day are ORDI and IOTA which has surged 17.00% since midnight. ORDI has increased by 2.12%, SuperVerse is 1.35% higher.

Today the crypto markets started out higher again. Since midnight 2100NEWS 100 Large Cap Index (NWSL100) which measures the performance of the large caps has increased by 0.42%. Our main 2100NEWS Total Index (NWST1100) which measures the performance of the major 1100 crypto assets by market capitalization is 0.36% higher. Similarly, Ether has increased by 0.35%, Bitcoin by 0.34%.

 

ORDI

ORDI (ORDI)

2100NEWS ranking: 82, Large-cap Non-Ethereum-based Token, Index member: NWST1100, NWSL100, NWSTo100, NWSOT50, NWSDM100
2100NEWS DA Orderbook Quality Evaluation Grade: Poor, Score: 16.2 (Average for Large-caps: 18.2)

The Ordinal theory concerns itself with satoshis, giving them individual identities and allowing them to be tracked, transferred, and imbued with meaning. Satoshis, not Bitcoin, is the atomic, native currency of the Bitcoin network. One bitcoin can be subdivided into 100,000,000 satoshis, but no further. The ordinal theory does not require a sidechain or token aside from Bitcoin and can be used without any changes to the Bitcoin network. It works right now. Ordinal theory imbues satoshis with numismatic value, allowing them to be collected and traded as curios. Individual satoshis can be inscribed with arbitrary content, creating unique Bitcoin-native digital artifacts that can be held in Bitcoin wallets and transferred using Bitcoin transactions. Inscriptions are as durable, immutable, secure, and decentralized as Bitcoin itself.

 

IOTA

IOTA (IOTA)

2100NEWS ranking: 89, Large-cap , Index member: NWST1100, NWSL100, NWSCo100
2100NEWS DA Orderbook Quality Evaluation Grade: Extremely Weak, Score: 11.2 (Average for Large-caps: 18.2)

IOTA is a revolutionary new transaction settlement and data transfer layer for the Internet of Things (IoT). It is based on a new distributed ledger technology, the Tangle, which overcomes the inefficiencies of current Blockchain designs and introduces a new way of reaching consensus in a decentralized peer-to-peer system. Using IOTA, for the first time, people and machines can transfer money and/or data without any transaction fees in a trustless, permissionless, and decentralized environment. This means that even nano-payments are possible without needing a trusted intermediary of any kind.

 


LilyDecember 2, 2023
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11min49

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

Top movers of the day are Kin and ORDI. Since morning Kin has surged 52.16%, ORDI has increased by 35.22%. IOTa is 16.66% higher.

During the day the crypto markets were going up and finished in green. Today’s crypto market movement is illustrated by an adjacent chart showing the movement of the NWSBCT Index (Blue Chips) over the past 24 hours. The large caps represented by 2100NEWS 100 Large Cap Index (NWSL100) ended +2.47%. Moreover, the mid caps measured by 2100NEWS 200 Mid Cap Index (NWSM200) ended +2.70%. Our main 2100NEWS Total Index (NWST1100) ended +2.25%. Bitcoin ended +1.65%, Ether ended +3.45%.

The criteria upon which these specific cryptocurrencies and indices have been highlighted are detailed in supplemental notes. The provided data offers a snapshot of the last 24 hours until midnight. Therefore, it may not accurately represent the current market conditions at the time of your inquiry.

 

KIN

Kin (KIN)

2100NEWS ranking: 363, Small cap Ethereum-based Token, Index member: NWST1100, NWSS300
2100NEWS DA Orderbook Quality Evaluation Grade: Ordinary, Score: 11 (Average for Small caps: 10)

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

 

ORDI

ORDI (ORDI)

2100NEWS ranking: 82, Large-cap Non-Ethereum-based Token, Index member: NWST1100, NWSL100, NWSTo100, NWSOT50, NWSDM100
2100NEWS DA Orderbook Quality Evaluation Grade: Poor, Score: 16.2 (Average for Large-caps: 18.2)

The Ordinal theory concerns itself with satoshis, giving them individual identities and allowing them to be tracked, transferred, and imbued with meaning. Satoshis, not Bitcoin, is the atomic, native currency of the Bitcoin network. One bitcoin can be subdivided into 100,000,000 satoshis, but no further. The ordinal theory does not require a sidechain or token aside from Bitcoin and can be used without any changes to the Bitcoin network. It works right now. Ordinal theory imbues satoshis with numismatic value, allowing them to be collected and traded as curios. Individual satoshis can be inscribed with arbitrary content, creating unique Bitcoin-native digital artifacts that can be held in Bitcoin wallets and transferred using Bitcoin transactions. Inscriptions are as durable, immutable, secure, and decentralized as Bitcoin itself.

 

Top movers of the day are Alchemix and Gods Unchained. Since midnight Alchemix has surged 17.21%, Gods Unchained is 14.96% higher. Siacoin has increased by 0.63%.

The crypto market continued to go up this morning. Since midnight 2100NEWS Indices which measure the performance of different groups of tokens and coins have increased up to 1.99%. Our main 2100NEWS Total Index (NWST1100) which measures the performance of the major 1100 crypto assets by market capitalization is 0.49% higher. Ether has increased by 0.62%, Bitcoin only by 0.04%.

 

ALCX

Alchemix (ALCX)

2100NEWS ranking: 430, Small cap Ethereum-based Token, Index member: NWST1100, NWSS300
2100NEWS DA Orderbook Quality Evaluation Grade: Ordinary, Score: 12 (Average for Small caps: 10)

Alchemix Finance is a future-yield-backed synthetic asset platform and community DAO. The platform gives you advances in yield farming via a synthetic token representing a fungible claim on any underlying collateral in the Alchemix protocol. The DAO will focus on funding projects to help the Alchemix ecosystem grow and the greater Ethereum community.

 

SC

Siacoin (SC)

2100NEWS ranking: 160, Mid-cap, Index member: NWST1100, NWSM200, NWSCo100
2100NEWS DA Orderbook Quality Evaluation Grade: Poor, Score: 11.3 (Average for Coins: 15)

Sia is a decentralized storage system. Users worldwide can contribute disk storage from their computers to create a decentralized network. With Sia cryptos, users can easily rent storage from hosts on the Sia system, which is achieved through smart storage contracts saved on the distributed Sia blockchain.

 

GODS

Gods Unchained (GODS)

2100NEWS ranking: 239, Mid-cap Ethereum-based Token, Index member: NWST1100, NWSM200
2100NEWS DA Orderbook Quality Evaluation Grade: Good, Score: 16.1, (Average for Mid-caps: 13.2)

Gods Unchained is a free-to-play tactical card game that gives players true ownership of their in-game items. Led by the former game director of Magic: The Gathering: Arena, the game focuses on competitive play, which means players must strategically outsmart their opponents by building decks that can combat a wide variety of tactics. In Gods Unchained, players own their digital items entirely, giving them the freedom to trade, sell, and use their cards any way they like – just like owning real, tangible cards.


BrankoDecember 1, 2023
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15min50

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

Top movers of the day are Alchemix and AIOZ Network. Since 7 pm Alchemix has surged 20.40%, AIOZ Network has increased by 3.85%.

The crypto markets finished the day higher as illustrated by an adjacent chart showing the movement of the NWSBCT Index (Blue Chips) over the past 24 hours. The large caps represented by 2100NEWS 100 Large Cap Index (NWSL100) ended +1.79%. The mid caps measured by 2100NEWS 200 Mid Cap Index (NWSM200) ended +1.84%. Moreover, Bitcoin ended +2.70%, Ether ended +2.11%.

The criteria upon which these specific cryptocurrencies and indices have been highlighted are detailed in supplemental notes. The provided data offers a snapshot of the last 24 hours until midnight. Therefore, it may not accurately represent the current market conditions at the time of your inquiry.

 

ALCX

Alchemix (ALCX)

2100NEWS ranking: 430, Small cap Ethereum-based Token, Index member: NWST1100, NWSS300
2100NEWS DA Orderbook Quality Evaluation Grade: Ordinary, Score: 12 (Average for Small caps: 10)

Alchemix Finance is a future-yield-backed synthetic asset platform and community DAO. The platform gives you advances in yield farming via a synthetic token representing a fungible claim on any underlying collateral in the Alchemix protocol. The DAO will focus on funding projects to help the Alchemix ecosystem grow and the greater Ethereum community.

 

7:10 p.m. update: Top movers of the day are Pocket Network and XCAD Network which has increased by 8.98% since 2 pm. Pocket Network is 8.49% higher.

In the afternoon the crypto markets were still up. Since 2 pm 2100NEWS Indices have increased up to 0.88%. 2100NEWS Total Index (NWST1100) is 0.69% higher. Ether has increased by 0.33%, Bitcoin even by 1.08%.

 

XCAD

XCAD Network (XCAD)

2100NEWS ranking: 478, Small cap Non-Ethereum-based Token, Index member: NWST1100, NWSS300
2100NEWS DA Orderbook Quality Evaluation Grade: Poor, Score: 5.9 (Average for Small caps: 10)

XCAD Network is a global platform harnessing the power and value of Content Creator audiences via Creator tokenization, allowing viewers to earn rewards and govern Creator’s decisions via a plugin which works directly on YouTube.

 

Top Movers of the Day (at 2 p.m. update):

  • AIOZ Network and Star Atlas: These cryptocurrencies have posted significant gains over the last 24 hours.
  • Siacoin experienced a 17.15% rise since the morning update, making it one of the day’s top performers.

Overview: The cryptocurrency market has surged in the last 24 hours. NWSBCT Index for Blue Chips: Focusing on the more established cryptocurrencies, colloquially known as the “Blue Chips.” The NWSBCT Index has surged, indicating a positive trend among the more stable and well-known coins within the last 24 hours. 2100NEWS Indices: The collection of indices from 2100NEWS, which covers various segments of the crypto market, has seen gains ranging between 1.04% and 2.12% since midnight, reflecting a widespread uplift in the crypto market. 2100NEWS Total Index (NWST1100): Representing a broad spectrum of the crypto market, this index tracks 1100 significant cryptocurrencies based on their market cap; it has risen by 1.30% in the last 24 hours. Bitcoin and Ether have seen price increases, with Bitcoin rising by 1.36% and Ether by 2.04%, further underscoring the current bullish market sentiment.

 

SC

Siacoin (SC)

2100NEWS ranking: 163, Mid-cap, Index member: NWST1100, NWSM200, NWSCo100
2100NEWS DA Orderbook Quality Evaluation Grade: Poor, Score: 11.3 (Average for Coins: 15)

Sia is a decentralized storage system. Users worldwide can contribute disk storage from their computers to create a decentralized network. With Sia cryptos, users can easily rent storage from hosts on the Sia system, which is achieved through smart storage contracts saved on the distributed Sia blockchain.

 

Top Movers of the Day (at 9 a.m. update):

  • Pocket Network and Star Atlas: These cryptocurrencies have posted significant gains over the last 24 hours. Pocket Network experienced a 14.28% rise since midnight, making it one of the day’s top performers.

Overview: The cryptocurrency market has seen a notable upswing in the last 24 hours

  1. NWSBCT Index for Blue Chips: Focusing on the more established cryptocurrencies, colloquially known as the “Blue Chips.” The NWSBCT Index has surged, indicating a positive trend among the more stable and well-known coins within the last 24 hours.
  2. 2100NEWS Indices: The collection of indices from 2100NEWS, which covers various segments of the crypto market, has seen gains ranging between 1.05% and 2.00% since midnight, reflecting a widespread uplift in the crypto market.
  3.  2100NEWS Total Index (NWST1100): Representing a broad spectrum of the crypto market, this index tracks 1100 significant cryptocurrencies based on their market cap; it has risen by 1.53% in the last 24 hours.
  4. Bitcoin and Ether have contributed to this growth, with Bitcoin up by 1.19% and Ether outpacing with a 2.85% rise, highlighting a bullish sentiment in the market.

 

POKT

Pocket Network (POKT)

2100NEWS ranking: 377, Small cap, Index member: NWST1100, NWSS300
2100NEWS DA Orderbook Quality Evaluation Grade: Poor, Score: 4.2, (Average for Small caps: 9.9)

Pocket Network is a decentralized blockchain data platform – a protocol built to connect to any blockchain and service the data demands of Web3 dApps. Pocket Network uses cost-efficient economics to coordinate and distribute data at scale, using the POKT token to facilitate the protocol’s service. Pocket Network nodes act as the middle layer that connects the protocol’s 50+ supported blockchains with their ecosystems of dApps that require data from the chain. The network runs on a Proof-of-Stake (PoS) consensus mechanism that offers scalability and data consistency for dApps. POKT is the native utility token used on both sides of the Pocket Network ecosystem – with node runners and Web3 developers.

 

TAO

Bittensor (TAO)

2100NEWS ranking: 455, Small cap, Index member: NWST1100, NWSS300
2100NEWS DA Orderbook Quality Evaluation Grade: Poor, Score: 8.2, (Average for Small caps: 9.9)

Bittensor is an open-source protocol that powers a decentralized, blockchain-based machine-learning network. Machine learning models train collaboratively and are rewarded in TAO according to the informational value they offer the collective. TAO also grants external access, allowing users to extract information from the network while tuning its activities to their needs. Ultimately, our vision is to create a pure market for artificial intelligence, an incentivized arena in which consumers and producers of this valuable commodity can interact in a trustless, open, and transparent context. Bittensor enables a novel, optimized strategy for developing and distributing artificial intelligence technology by leveraging the possibilities of a distributed ledger. Specifically, it facilitates open access/ownership, decentralized governance, and the ability to harness globally distributed computing power resources and innovation within an incentivized framework. An open-source repository of machine intelligence, accessible to anyone, anywhere, thus creating the conditions for open and permission-less innovation on a global internet scale; Distribution of rewards and network ownership to users in direct proportion to the value they have added.

 


BrankoDecember 1, 2023
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5min39



This snapshot provides insights into the dynamic nature of the crypto market, highlighting specific cryptocurrencies that have shown notable movements and the general trends in the market, including the performance of major indices and cryptocurrencies.

  • Notable Gainers:
    • XYO and Bitensor have shown significant gains, with Bitensor increasing by 6.54% since the 7 p.m. update. They are recognized as noteworthy performers on the last day.
  • Overall Market Sentiment:
    • On November 30, 2023, the market displayed a blend of optimism in certain segments and cautious stability in others, reflecting the diverse and dynamic nature of the cryptocurrency market.
    • The NWSBCT Index, focusing on more established cryptocurrencies (“Blue Chips”), has trended sideways, reflecting a steady state among these significant cryptocurrencies.
  • Slight Decrease in Broad Market Index:
    • The 2100NEWS Total Index (NWST1100), which tracks a broad spectrum of 1100 cryptocurrencies, has experienced a minor decrease of 0.09% over the last 24 hours.
  • Mixed Performance in Major Cryptocurrencies:
    • Bitcoin has decreased by 0.30%, while Ether has modestly risen by 0.61%.
  • Analysis of Specific Cryptocurrencies:
  • XYO (XYO):
    • XYO is recognized for its unique decentralized data oracle approach, enabling data validation from multiple sources without needing a trusted relationship.
    • XYO’s technology, which permanently records valuable data between independently owned and controlled devices, is crucial in enhancing data reliability and security in various applications.
  • Bitensor (TAO):
    • Bitensor stands out for its innovation in decentralizing machine learning through its blockchain-based network.
    • Bitensor’s vision of creating a market for artificial intelligence where producers and consumers can interact in a trustless, open, and transparent environment is a significant driver of its growing appeal.
For further information, details of the methodologies behind the highlighted movements, and a comprehensive overview of the market’s current state, please visit:

BrankoNovember 30, 2023
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16min61

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

Top Movers of the Day:

  • XYO and Bitensor are the standout cryptocurrencies in terms of performance. Bitensor, in particular, has increased 6.54% since the 7 p.m. update.

Overview: The crypto market has remained stable with a cheerful undertone. There haven’t been any drastic price changes over the last day, indicating a period of relative calm in the market. NWSBCT Index for Blue Chips: Focusing on the more established cryptocurrencies, colloquially known as the “Blue Chips.” The NWSBCT Index has trended sideways. 2100NEWS Total Index (NWST1100): Representing a broad spectrum of the crypto market, this index tracks 1100 significant cryptocurrencies based on their market cap. It has slightly decreased by 0.09% in the last 24 hours. Bitcoin and Ether: Bitcoin has decreased by 0.30%, while Ether has modestly risen by 0.61% over the same time.

The criteria upon which these specific cryptocurrencies and indices have been highlighted are detailed in supplemental notes. The provided data offers a snapshot of the last 24 hours until midnight. Therefore, it may not accurately represent the current market conditions at the time of your inquiry.

 

TAO

Bittensor (TAO)

2100NEWS ranking: 455, Small cap, Index member: NWST1100, NWSS300
2100NEWS DA Orderbook Quality Evaluation Grade: Poor, Score: 8.2, (Average for Small caps: 9.9)

Bittensor is an open-source protocol that powers a decentralized, blockchain-based machine-learning network. Machine learning models train collaboratively and are rewarded in TAO according to the informational value they offer the collective. TAO also grants external access, allowing users to extract information from the network while tuning its activities to their needs. Ultimately, our vision is to create a pure market for artificial intelligence, an incentivized arena in which consumers and producers of this valuable commodity can interact in a trustless, open, and transparent context. Bittensor enables a novel, optimized strategy for developing and distributing artificial intelligence technology by leveraging the possibilities of a distributed ledger. Specifically, it facilitates open access/ownership, decentralized governance, and the ability to harness globally distributed computing power resources and innovation within an incentivized framework. An open-source repository of machine intelligence, accessible to anyone, anywhere, thus creating the conditions for open and permission-less innovation on a global internet scale; Distribution of rewards and network ownership to users in direct proportion to the value they have added.

 

7:10 p.m. update: The top movers of the day are Bitgert and Theta Fuel. Since 2 p.m., Bitgert has surged 24.10%; Theta Fuel has increased by 3.86%. XYO is 8.59% lower.

The crypto markets trended sideways. Over the past 24 hours, the large caps measured by 2100NEWS 100 Large Cap Index (NWSL100) have fallen by 0.53%. 2100NEWS Total Index (NWST1100) is 0.20% lower. Bitcoin has decreased by 0.27%, while Ether has increased by 0.19%.

BRISE

Bitgert (BRISE)

2100NEWS ranking: 324, Small cap Non-Ethereum-based Token, Index member: NWST1100, NWSS300
2100NEWS DA Orderbook Quality Evaluation Grade: Poor, Score: 9 (Average for Small caps: 9.9)

Bitgert Is A Crypto Engineering Organization that has Built The Fastest Blockchain, Which has a Speed Of 100,000 transactions per Second and nearly Zero Transaction Fees. Bitgert is the fastest Blockchain of 2022 and the fastest-growing ecosystem, with projects spanning DeFi, NFTs, Web3, and much more. Bitgert Also Has Developed A BRC20/ERC20/BEP20 Supported Wallet on Android & iOS; Bitgert Coin Exists on Binance Smart Chain & Bitgert Chain.

 

Top Movers of the Day (at 2 p.m. update):

  • Theta Fuel and XYO continue to perform exceptionally well, with XYO notably rising by 17.96% since the morning update. This significant increase further solidifies its position as one of the day’s standout cryptocurrencies.

Overview: The broader crypto market has maintained stability over the last 24 hours despite the notable gains of specific cryptocurrencies like AIOZ Network, Theta Fuel, and XYO. NWSBCT Index for Blue Chips: Focusing on the more established cryptocurrencies, colloquially known as the “Blue Chips.” The NWSBCT Index has trended sideways within the last 24 hours. 2100NEWS Total Index (NWST1100): Representing a broad spectrum of the crypto market, this index tracks 1100 significant cryptocurrencies based on their market cap; it has fallen by 1.17% in the last 24 hours, suggesting a slight downturn in the broader market. Bitcoin and Ether have experienced declines. Ether has experienced a relatively smaller drop of 0.53%, while Bitcoin has undergone a slightly more notable decrease of 0.90% in the same period.

 

XYO

XYO (XYO)

2100NEWS ranking: 329, Small cap Ethereum-based Token, Index member: NWST1100, NWSS300
2100NEWS DA Orderbook Quality Evaluation Grade: Good, Score: 13 (Average for Small caps: 9.9)

XYO is a decentralized data oracle that can validate data from multiple sources without requiring a trusted relationship. XYO means you can keep a permanent record of invaluable data between two devices, even if owned and controlled independently, whether it’s a photo of your dog or the temperature in a shipping truck. Use XYO to establish the validity of your data or the data of others, and join us in our movement to transform industries and everyday life with our technology.

 

Top Movers of the Day (at 9 a.m. update):

  • AIOZ Network and XYO: These cryptocurrencies have posted significant gains over the last 24 hours. XYO experienced a 26.99% surge since midnight, making it one of the day’s top performers.

Overview: Despite the impressive gains of certain individual cryptocurrencies like AIOZ Network and XYO, the broader crypto market exhibits stability, albeit with a slight negative trend in the last 24 hours.

  1. NWSBCT Index for Blue Chips: Focusing on the more established cryptocurrencies, colloquially known as the “Blue Chips.” The NWSBCT Index has trended sideways within the last 24 hours.
  2.  2100NEWS Total Index (NWST1100): Representing a broad spectrum of the crypto market, this index tracks 1100 significant cryptocurrencies based on their market cap; it has fallen by 0.93% in the last 24 hours, suggesting a slight downturn in the broader market.
  3. Bitcoin and Ether have experienced declines, with Bitcoin falling by 0.86%, while Ether has seen a slightly more significant drop of 1.17% over the same period.

 

AIOZ

AIOZ Network (AIOZ)

2100NEWS ranking: 511, Small cap Ethereum-based Token, Index member: NWST1100, NWSS300
2100NEWS DA Orderbook Quality Evaluation Grade: Poor, Score: 6.7 (Average for Small caps: 9.9)

AIOZ Network is a distributed CDN built on our very own Blockchain. On AIOZ Network, users share redundant memory, storage, and bandwidth resources to create a vast CDN capable of powering streaming platforms worldwide. They aim to change the way the world streams videos.

 

IOTAIOTA (IOTA)

2100NEWS ranking: 95, Large-cap, Index member: NWST1100, NWSL100, NWSCo100
2100NEWS DA Orderbook Quality Evaluation Grade: Extremely Weak, Score: 11.2 (Average for Large-caps: 18.5)

IOTA is a revolutionary new transaction settlement and data transfer layer for the Internet of Things (IoT). It is based on a new distributed ledger technology, the Tangle, which overcomes the inefficiencies of current Blockchain designs and introduces a new way of reaching consensus in a decentralized peer-to-peer system. Using IOTA, for the first time, people and machines can transfer money and/or data without any transaction fees in a trustless, permissionless, and decentralized environment. This means that even nano-payments are possible without needing a trusted intermediary of any kind.

 

SEI

Sei (SEI)

2100NEWS ranking: 149, Mid-cap, Index member: NWST1100, NWSM200, NWSCo100, NWSDM100
2100NEWS DA Orderbook Quality Evaluation Grade: Poor, Score: 11.6 (Average for Coins: 15.1)

Sei is a general-purpose, open-source Layer 1 blockchain specialized for the exchange of digital assets. Sei is the fastest Blockchain in the industry, leveraging a novel consensus and technical breakthroughs. Sei addresses the exchange scalability problem by building the first Layer 1 specialized for trading, optimizing every layer of the stack to offer the best infrastructure for exchanging digital assets.

 


BrankoNovember 30, 2023
NWSBCT_2023-11-30.png

5min49



This snapshot provides insights into the dynamic nature of the crypto market, highlighting specific cryptocurrencies that have shown notable movements and the general trends in the market, including the performance of major indices and cryptocurrencies.

  • Notable Gainers:
    • IOTA and AIOZ Network are highlighted as substantial gainers, with AIOZ Network experiencing a 25.60% increase since the 7 p.m. update, marking it as one of the day’s significant performers.
  • Market Stability with Slight Negative Pressure:
    • The overall crypto market showed stability, with no drastic price changes observed.
    • The NWSBCT Index for Blue Chips, which focuses on more established cryptocurrencies, trended sideways, indicating a steady state among the major coins.
  • Mixed Performance in Indices:
    • The 2100NEWS Total Index (NWST1100), tracking a broad spectrum of 1100 cryptocurrencies, saw a slight decline of 0.26% over the last 24 hours.
  • Decrease in Major Cryptocurrencies:
    • Bitcoin and Ether experienced decreases, with Bitcoin down by 0.20% and Ether by 0.91%.
  • Analysis of Specific Cryptocurrencies:
    • IOTA is acknowledged for its surge and role in facilitating new transaction settlement and data transfer layers for the Internet of Things (IoT) through its Tangle technology.
    • AIOZ Network is recognized for its distributed CDN (Content Delivery Network) on blockchain technology, aiming to revolutionize video streaming platforms globally.
  • Market Dynamics:
    • The earlier part of the day showed bullish sentiment with a sharp increase and subsequent consolidation, indicating a robust buying interest followed by a market pause to stabilize the gains.
    • TerraClassicUSD has also shown a remarkable 27.33% surge since midnight, underscoring its position as a top mover of the day.
For further information, details of the methodologies behind the highlighted movements, and a comprehensive overview of the market’s current state, please visit:

BrankoNovember 29, 2023
050a250846c0610af304f53ecc9de7c0-1280x871.jpg

16min62

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

Top Movers of the Day:

  • IOTA and AIOZ Network: These cryptocurrencies have experienced gains, with AIOZ Network surging by 25.60% since the 7 p.m. update. They are highlighted as significant performers over the last day.

Overview: Overall, the market has shown stability with slight negative pressure, indicating that after previous volatility, there have been no drastic changes in price over the last day. NWSBCT Index for Blue Chips: Focusing on the more established cryptocurrencies, colloquially known as the “Blue Chips.” The NWSBCT Index has trended sideways. 2100NEWS Total Index (NWST1100): Representing a broad spectrum of the crypto market, this index tracks 1100 significant cryptocurrencies based on their market cap. It has slightly decreased by 0.26% in the last 24 hours. Bitcoin and Ether have decreased, with Bitcoin decreasing by 0.20% and Ether going down by 0.91% over the same time.

The criteria upon which these specific cryptocurrencies and indices have been highlighted are detailed in supplemental notes. The provided data offers a snapshot of the last 24 hours until midnight. Therefore, it may not accurately represent the current market conditions at the time of your inquiry.

 

AIOZ

AIOZ Network (AIOZ)

2100NEWS ranking: 511, Small cap Ethereum-based Token, Index member: NWST1100, NWSS300
2100NEWS DA Orderbook Quality Evaluation Grade: Poor, Score: 6.7 (Average for Small caps: 9.9)

AIOZ Network is a distributed CDN built on our very own Blockchain. On AIOZ Network, users share redundant memory, storage, and bandwidth resources to create a vast CDN capable of powering streaming platforms worldwide. They aim to change the way the world streams videos.

 

7:10 p.m. update: The day’s top movers are AIOZ Network and XYO, which has surged 30.40% since 2 p.m. AIOZ Network is 21.02% higher. IOTA has increased by 7.96%

In the afternoon, the crypto markets turned down. Since 2 p.m., the tokens built on Ethereum measured by 2100NEWS Ethereum Based Index (NWSET100) have decreased by 0.94%. Similarly, the 2100NEWS Total Index (NWST1100) is 0.90% lower. Bitcoin has fallen by 0.99%, Ether even by 1.04%.

 

XYO

XYO (XYO)

2100NEWS ranking: 329, Small cap Ethereum-based Token, Index member: NWST1100, NWSS300
2100NEWS DA Orderbook Quality Evaluation Grade: Good, Score: 13 (Average for Small caps: 9.9)

XYO is a decentralized data oracle that can validate data from multiple sources without requiring a trusted relationship. XYO means you can keep a permanent record of invaluable data between two devices, even if owned and controlled independently, whether it’s a photo of your dog or the temperature in a shipping truck. Use XYO to establish the validity of your data or the data of others, and join us in our movement to transform industries and everyday life with our technology.

 

Top Movers of the Day (at 2 p.m. update):

  • TerraClassicUSD and IOTA: These two cryptocurrencies have shown substantial gains over the last 24 hours. IOTA experienced a 24.99% surge since the morning update, making it one of the day’s top performers.

Overview: The crypto market has trended upwards, beginning with a sharp increase followed by consolidation over the past 24 hours. This suggests strong buying interest followed by a phase where the market is digesting the gains. NWSBCT Index for Blue Chips: Focusing on the more established cryptocurrencies, colloquially known as the “Blue Chips.” The NWSBCT Index has mirrored the overall market with a sharp increase, succeeded by volatility and a consolidation phase over the last 24 hours. 2100NEWS Indices: The collection of indices from 2100NEWS, which covers various segments of the crypto market, has seen gains ranging between 0.07% and 1.47% since midnight. 2100NEWS Total Index (NWST1100): Representing a broad spectrum of the crypto market, this index tracks 1100 significant cryptocurrencies based on their market cap; it has surged by 2.44% in the last 24 hours. Bitcoin and Ether have seen price rises aligning with the general market trend. Bitcoin’s price has surged by 2.69%, and Ether has risen by 1.66% over the same time.

 

IOTAIOTA (IOTA)

2100NEWS ranking: 95, Large-cap, Index member: NWST1100, NWSL100, NWSCo100
2100NEWS DA Orderbook Quality Evaluation Grade: Extremely Weak, Score: 11.2 (Average for Large-caps: 18.5)

IOTA is a revolutionary new transaction settlement and data transfer layer for the Internet of Things (IoT). It is based on a new distributed ledger technology, the Tangle, which overcomes the inefficiencies of current Blockchain designs and introduces a new way of reaching consensus in a decentralized peer-to-peer system. Using IOTA, for the first time, people and machines can transfer money and/or data without any transaction fees in a trustless, permissionless, and decentralized environment. This means that even nano-payments are possible without needing a trusted intermediary of any kind.

 

Top Movers of the Day (at 9 a.m. update):

  • TerraClassicUSD and TerraClassic: These two cryptocurrencies have posted significant gains over the last 24 hours. TerraClassicUSD experienced a 27.33% surge since midnight, making it one of the day’s top performers.

Overview: The crypto market has surged in the last 24 hours.

  1. NWSBCT Index for Blue Chips: Focusing on the more established cryptocurrencies, colloquially known as the “Blue Chips.” The NWSBCT Index shows a general uptrend with good recovery after short periods of consolidation, indicating overall positive momentum within the last 24 hours.
  2. 2100NEWS Indices: The collection of indices from 2100NEWS, which covers various segments of the crypto market, has seen gains ranging between 0.45% and 1.08% since midnight. This indicates an overall market uplift, albeit with varying degrees of intensity across different segments.
  3.  2100NEWS Total Index (NWST1100): Representing a broad spectrum of the crypto market, this index tracks 1100 significant cryptocurrencies based on their market cap; it has surged by 2.80% in the last 24 hours.
  4. Bitcoin and Ether have seen price increases, with Bitcoin’s price rising by 2.81% and Ether by 2.32% over the same time.

 

USTC

TerraClassicUSD (USTC)

2100NEWS ranking: 8282 Ethereum-based Token, Index member: –
2100NEWS DA Orderbook Quality Evaluation Score: 13

Terra is an open-source blockchain hosting a vibrant ecosystem of decentralized applications (dApps) and top-tier developer tools. Using proof-of-stake consensus and ground-breaking technologies like Mantlemint, Terrain, and Terra Station, the Terra blockchain is one of the fastest chains in existence, giving users an unparalleled DeFi experience. As a permissionless, borderless economy, Terra enables next-generation financial products to be accessible to anyone with an Internet connection.

 

SEI

Sei (SEI)

2100NEWS ranking: 149, Mid-cap, Index member: NWST1100, NWSM200, NWSCo100, NWSDM100
2100NEWS DA Orderbook Quality Evaluation Grade: Poor, Score: 11.6 (Average for Coins: 15.1)

Sei is a general-purpose, open-source Layer 1 blockchain specialized for the exchange of digital assets. Sei is the fastest blockchain in the industry, leveraging a novel consensus and technical breakthroughs. Sei addresses the exchange scalability problem by building the first Layer 1 specialized for trading, optimizing every layer of the stack to offer the best infrastructure for exchanging digital assets.

 

CTXC

Cortex (CTXC)

2100NEWS ranking: 402, Small cap, Index member: NWST1100, NWSS300
2100NEWS DA Orderbook Quality Evaluation Grade: Good, Score: 12.8 (Average for Small caps: 10.0)

In Cortex, due to the nature of the open-source and competitive mechanisms, the best model as an intelligent agent will survive to enhance the intelligence level of the Blockchain network. Cortex’s primary mission is to provide state-of-the-art machine-learning models on the blockchain in which users can infer using smart contracts on the Cortex blockchain. One of Cortex’s goals also includes implementing a machine-learning platform that allows users to post tasks on the platform and submit AI DApps (Artificial Intelligence Decentralized Applications).

 


BrankoNovember 28, 2023
weeklyRep1-1280x720.png

15min175



The index for NWST1100 has risen by 3.05% over the last week; Coins represented by the NWSCo100 index have shown the most favorable performance within the previous 30 days, with a gain of over 24%.

*Below, we present a standardized weekly report and next week’s outlook, prepared based on the Theory Swingtum 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 complex to read initially, but the graph shows essential price information, crucial decisive price levels, momentum, trading volumes, and crypto market breadth. 

Continuing our track record of precise projections, the cryptocurrency market has maintained its position above the pivotal support thresholds, aligning with prior anticipations. Our scrutiny of the NWST1100 index chart, which serves as a significant benchmark index, reveals a multitude of noteworthy insights:

  1. The NWST1100 index’s trajectory shows a consolidation phase. This phase often indicates a market taking a breather, accumulating energy before its next significant move.
  2. Market Sentiment: The PPO lines have declined. The PPO histogram, trailing below the neutral line, has pivoted and now shows an ascending slope. Such a development is frequently viewed as an early sign of a potential trend reversal, suggesting a warming market sentiment. Adding to the optimistic signs, the Relative Strength Index (RSI) has diverted to an upward trajectory, signaling enhanced market vigor.
  3. Crypto Market Breadth indicators at the bottom of the chart reflect an uptick in the Advance-Decline Line (ADVL), signifying more cryptocurrencies are advancing than declining. The McClellan Summation Index has leveled off, suggesting a balancing of market forces.

Consider these various technical indicators, which collectively paint a market picture at a potential inflection point. While the observed consolidation hints at a period of stability, the gradual shift in sentiment and breadth indicators could pave the way for a forthcoming positive trend reversal.

According to the chart on the right, all four A50R lines have settled in the overbought territory but spiked down on Tuesday. This breadth indicator measures the percentage of digital assets trading above a 50-day moving average. The current condition suggests that a substantial portion (over 85%) of the cryptocurrency market trades above its 50-day EMA (at relatively high levels compared to their short-term moving averages). While traditionally, the overbought designation might spell caution, in this context, it may well be an expression of the market’s enduring strength and potential for continued upward movement.

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

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

Outlook for this week

This report analyzes the cryptocurrency market’s short-term outlook and aims to provide insights into its potential direction. Although predicting the market’s behavior is challenging, discernible patterns in market waves offer some predictability. By examining momentum indicators, we can identify several signals that shed light on the market’s possible direction in the short term.

  1. The market’s present course resonates with the same patterns discerned in the early months of the year, encapsulated by the ellipses on the accompanying chart.
  2. A closer look at the RSI shows it retracting from the overbought threshold, now positioned at a reading of 65—an indication of easing momentum yet still reflecting a strong market.
  3. The Percentage Price Oscillator (PPO) histogram, which measures the percentage difference between two moving averages, may soon show a shift from a descending to an ascending trajectory, which could signal the beginning of an increase in momentum.
  4. Looking at the breadth indicators at the bottom of the NWST1100 chart. The McClellan Summation Index (as shown in the chart below) – a derivative of the McClellan Oscillator – may remain flat, underlines the possibility of range trending.

Considering the consolidation signals from the technical indicators, a cautious perspective suggests that the market may stay in a consolidation phase within a specific range. However, it’s important to note that the market’s stability will likely remain above a critical support level, a 25-day EMA. This foundational support could serve as a launchpad for an upswing, mirroring the resilience seen during the vigorous December season, which is frequently graced with a year-end Christmas rally.

 

 

 

 

 

 

 

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

Investors and traders often rely on historical performance data to make informed decisions about their cryptocurrency holdings. After analyzing the data in the table, the overall index NWST1100 has risen by 3.05% over the last week, indicating a modest rebound in the broader cryptocurrency market. The chart below highlights the performance of various cryptocurrencies, such as Bitcoin, Ether, and the 2100NEWS Indices, which represent the performance of Ethereum-based tokens (NWSET100), Large caps (NWSL100), and Coins (NWSCo100). A retrospective view over the last thirty days indicates that Coins represented by the NWSCo100 index have shown the most promising performance, with a gain of over 24%.

While the broader market is experiencing consolidation, different segments and individual cryptocurrencies exhibit varied performance dynamics. Certain indices like NWSC100, NWSET100, and NWSL100 are currently weakening momentum. In contrast, Bitcoin, NWSBE, and NWWS30 are improving, increasing momentum. Investors and traders might use this information to adjust their portfolios, possibly shifting focus toward assets with stronger relative momentum while being cautious about those in the Weakening quadrant.

*RRG® charts show you the relative strength and momentum of groups of digital assets. That with strong relative strength and momentum appears in the green Leading quadrant. As relative momentum fades, they typically move into the yellow Weakening quadrant. If relative strength then fades, they move into the red Lagging quadrant. Finally, when momentum picks up again, they shift into the blue Improving quadrant.

 

Crypto (Digital Assets) compared with global equity

This report offers a comprehensive analysis comparing the performance of digital assets, as signified by the NWST1100 index, to shares on global capital markets, as represented by the Dow Jones Global W1Dow index. The comparison spans various timeframes, offering insights into historical and recent performances and potential future trends.

Let’s break down the key observations and implications:

  • Historical Performance Comparison:
    • 24 Months Ago: Digital assets, represented by the NWST1100 index, were outperforming shares on capital markets, represented by the W1Dow index, with a record high quotient between the two indexes. At this juncture, digital assets displayed a notably superior performance trajectory compared to shares on global capital markets.
    • 12 Months Ago: Fast-forwarding to a year back, digital assets had a clear edge, outperforming shares by 54.5%. This performance data accentuates the heightened returns digital assets offered over shares in the specified duration.
  • Recent Shift in Performance:
    • An analysis of the present year reveals a stark enhancement in the performance of digital assets. They have surpassed shares on global capital markets by a significant 63.5% margin. This performance data accentuates the heightened returns digital assets offered over shares in the specified duration.
  • Mean Reversion Opportunity:
    • The average quotient price over the past 143 working days is plotted as a blue dashed curve (5.59). Currently, this average sits below its long-run mean, hovering around 7.47. Such a deviation underscores a potential opportunity to invest in digital assets, leveraging the mean reversion theory.
    • The mean reversion theory suggests that asset prices, over time, tend to revert to their historical average returns. The fact that the current average quotient price is below the long-run mean could imply that digital assets are currently undervalued compared to historical trends.
  • Returns Comparison:
    • The chart also presents the returns achieved with the stock generated by buying one point of the respective index daily over the past twelve months.
    • The NWST1100 Crypto Index enjoyed a 73.38% appreciation relative to last year’s period. With daily index investments, an investor’s stock would have seen a 30.1% uplift compared to the index’s current price.
    • Contrasting with the crypto index, the DJW, representing global capital market shares, grew by 10.43% over the past year. However, a strategy involving daily purchases would have resulted in a gain of 5.5%.
    • Expectations are rife as we stand the confirmed bullish trend between digital assets and global capital market shares. Digital assets purchased over the preceding year at an average price of 2663 points seem poised to offer magnified returns compared to shares as we traverse this bullish phase.

*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.


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