View Daily Crypto Trends

18th September 2023: Weekly Crypto Trends

Crypto Assets
Bitcoin rallied 2.7% on the week, Ethereum was barely changed.
Secondary coins were mixed on the week; Thorchain was the standout on the positive side, with a gain of 14.8%, while Stellar and Avalanche gave up 5% each. Only Thorchain and Stellar have short term uptrends.
Crypto related equities were lower on the week, with a fall of 10.2% in Marathon and a 5.4% fall in Hive. Riot, Marathon and Hive are all near short term supports; Block has made a new short term low.

Crypto News

Crypto news continues to be thin.
Tech billionaire Mark Cuban fell victim to a crypto scam last week. Although blockchain watchers identified the transactions, allowing him to move other coins safely, he lost around $1million across a number of cryptocurrencies.

In further news of fraudulent activity, Blockchain surveillance firm Elliptic published a report last week outlining the fact that North Korean hacking group Lazarus has been linked to five major crypto hacks over the past three months and is responsible for the theft of almost $240 million in crypto.

Coinbase CEO Brian Armstrong has urged DeFi projects to “establish precedent” by going to court with the Commodity Futures Trading Commission. Armstrong argues that the regulator, “should not be creating enforcement actions against decentralized finance (DeFi) protocols,” since they are not financial service businesses.

Major Coin Summary
NameCloseDaily Ch %Wk ChWk Ch %RSIST ScoreLT ScoreOverall
Bitcoin26,618.130.3%702.662.7%36-420-10
Ethereum1,642.160.8%4.370.3%34-75-88-85

Bitcoin rallied 2.7% on the week, Ethereum was barely changed.

Ratio Chart
Secondary Coin Summary

Weekly change – highest to lowest

NameCloseWk Ch %RSIST ScoreLT ScoreOverall
THORChain (Smart Contract Coin)1.8214.8%6792-88-44
Monero (Privacy Coin)147.682.6%44-42-88-77
Cosmos (Smart Contract Coin)6.931.4%32-75-88-85
ChainLink (Cross Chain Coin)6.371.4%35-75-88-85
Decentraland (Gaming Coin)0.301%32-83-88-87
BNB Chain Native Token (Smart Contract Coin)214.18-0.3%33-75-88-85
XRP (Smart Contract Coin)0.50-0.8%28-83827
The Sandbox (Gaming Coin)0.310%23-92-91-91
Near (Smart Contract Coin)1.13-1.9%34-75-88-85
Cardano (Smart Contract Coin)0.25-1.5%31-75-88-85
DogeCoin (Memecoin)0.06-1.8%31-75-88-85
Fantom (Smart Contract Coin)0.20-2.8%36-75-88-85
Polygon (Smart Contract Coin)0.53-2.6%28-92-91-91
Solana (Smart Contract Coin)19.19-2.3%35-75-88-85
Polkadot (Cross Chain Coin)4.14-2.7%29-100-95-96
Theta Token (Gaming Coin)0.62-3.1%34-75-88-85
Avalanche (Smart Contract Coin)9.43-5%26-100-91-93
Stellar (Privacy Coin)0.12-5.2%4075018

Secondary coins were mixed on the week; Thorchain was the standout on the positive side, with a gain of 14.8%, while Stellar and Avalanche gave up 5% each. Only Thorchain and Stellar have short term uptrends.

NameCloseDaily Ch %Wk Ch %RSIST ScoreLT ScoreOverall
Ark Innovation ETF43.06-1.3%-1.4%4433-41-22
Block Inc52.83-1.9%-0.5%30-92-92-92
Coinbase Global Inc Cl A82.15-1.6%0.1%4575-45-15
Hive Blockchain Technologies Ltd3.16-3.1%-5.4%29-88562
Marathon Digital Hldgs Inc9.80-2%-10.2%31000
Microstrategy Cl A340.78-1.6%-4.4%40334139
Riot Blockchain Inc10.77-1.8%-1.6%29-8-3-4
Robinhood Markets Inc Cl A10.670.9%-0.7%4433-88-58
Tesla Inc274.39-0.6%10.4%5775-92-51

Crypto related equities were lower on the week, with a fall of 10.2% in Marathon and a 5.4% fall in Hive. Riot, Marathon and Hive are all near short term supports; Block has made a new short term low.

9th August 2024

1st August 2024

26th July 2024

24th July 2024

16th July 2024

12th July 2024

10th July 2024

9th July 2024

5th July 2024

4th July 2024

Crypto Assets
Bitcoin rallied 2.7% on the week, Ethereum was barely changed.
Secondary coins were mixed on the week; Thorchain was the standout on the positive side, with a gain of 14.8%, while Stellar and Avalanche gave up 5% each. Only Thorchain and Stellar have short term uptrends.
Crypto related equities were lower on the week, with a fall of 10.2% in Marathon and a 5.4% fall in Hive. Riot, Marathon and Hive are all near short term supports; Block has made a new short term low.

Crypto News

Crypto news continues to be thin.
Tech billionaire Mark Cuban fell victim to a crypto scam last week. Although blockchain watchers identified the transactions, allowing him to move other coins safely, he lost around $1million across a number of cryptocurrencies.

In further news of fraudulent activity, Blockchain surveillance firm Elliptic published a report last week outlining the fact that North Korean hacking group Lazarus has been linked to five major crypto hacks over the past three months and is responsible for the theft of almost $240 million in crypto.

Coinbase CEO Brian Armstrong has urged DeFi projects to “establish precedent” by going to court with the Commodity Futures Trading Commission. Armstrong argues that the regulator, “should not be creating enforcement actions against decentralized finance (DeFi) protocols,” since they are not financial service businesses.

Major Coin Summary
NameCloseDaily Ch %Wk ChWk Ch %RSIST ScoreLT ScoreOverall
Bitcoin26,618.130.3%702.662.7%36-420-10
Ethereum1,642.160.8%4.370.3%34-75-88-85

Bitcoin rallied 2.7% on the week, Ethereum was barely changed.

Ratio Chart
Secondary Coin Summary

Weekly change – highest to lowest

NameCloseWk Ch %RSIST ScoreLT ScoreOverall
THORChain (Smart Contract Coin)1.8214.8%6792-88-44
Monero (Privacy Coin)147.682.6%44-42-88-77
Cosmos (Smart Contract Coin)6.931.4%32-75-88-85
ChainLink (Cross Chain Coin)6.371.4%35-75-88-85
Decentraland (Gaming Coin)0.301%32-83-88-87
BNB Chain Native Token (Smart Contract Coin)214.18-0.3%33-75-88-85
XRP (Smart Contract Coin)0.50-0.8%28-83827
The Sandbox (Gaming Coin)0.310%23-92-91-91
Near (Smart Contract Coin)1.13-1.9%34-75-88-85
Cardano (Smart Contract Coin)0.25-1.5%31-75-88-85
DogeCoin (Memecoin)0.06-1.8%31-75-88-85
Fantom (Smart Contract Coin)0.20-2.8%36-75-88-85
Polygon (Smart Contract Coin)0.53-2.6%28-92-91-91
Solana (Smart Contract Coin)19.19-2.3%35-75-88-85
Polkadot (Cross Chain Coin)4.14-2.7%29-100-95-96
Theta Token (Gaming Coin)0.62-3.1%34-75-88-85
Avalanche (Smart Contract Coin)9.43-5%26-100-91-93
Stellar (Privacy Coin)0.12-5.2%4075018

Secondary coins were mixed on the week; Thorchain was the standout on the positive side, with a gain of 14.8%, while Stellar and Avalanche gave up 5% each. Only Thorchain and Stellar have short term uptrends.

NameCloseDaily Ch %Wk Ch %RSIST ScoreLT ScoreOverall
Ark Innovation ETF43.06-1.3%-1.4%4433-41-22
Block Inc52.83-1.9%-0.5%30-92-92-92
Coinbase Global Inc Cl A82.15-1.6%0.1%4575-45-15
Hive Blockchain Technologies Ltd3.16-3.1%-5.4%29-88562
Marathon Digital Hldgs Inc9.80-2%-10.2%31000
Microstrategy Cl A340.78-1.6%-4.4%40334139
Riot Blockchain Inc10.77-1.8%-1.6%29-8-3-4
Robinhood Markets Inc Cl A10.670.9%-0.7%4433-88-58
Tesla Inc274.39-0.6%10.4%5775-92-51

Crypto related equities were lower on the week, with a fall of 10.2% in Marathon and a 5.4% fall in Hive. Riot, Marathon and Hive are all near short term supports; Block has made a new short term low.